Thanks for your analysis AimForSimon. I bought in using a...

Thanks for your analysis AimForSimon.

I bought in using a similar logic. But the biggest risk is that even if revenue grows, we dont know if they will sustainably be able to make a growing profit. Do you have any idea what sort of numbers they need to be able to make a profit?

If all goes well, this stock could be worth multiple times it is now in a few years time. They can even expand to other countries so the growth opportunity is massive. Considering that they have more than half of the 20biggest churches on their revenue stream means they must have a point of difference which is why I think they will be successful in other parts of the world.

I think the next big revenue increase will come after the US listing. All the money they raise from the US listing can be used for marketing etc that will further drive growth.

I almost sold today because in late 2016 the stock went down from 2.5 nzd to 1.2 nzd... I thought we might be on the path to a similar fall but I am holding on tight because I see no reason for such a large fall.