Sorry, Ord's have BUY on Pushpay with a price target of $4.46 AUD. They also forecast PPH to grow gross profile by over 70% in FY19 and 50% in FY20.
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Seeing they now only average the current quarters volume fees the ACMR as at March is going to be less than December’s $106m. March quarter seasonally a lot weaker than December quarter.
I reckon ACMR as at March will be $90m to $95m ....they did say it would decline eh.
On the logic applied above would we see a 10% plus fall in the market cap ..ie share price
Relax mate you need to consider this in the context of multi year growth they're aspiring too. :t_up:
Big parcel gone through at $4.15. That was the index entry level. Suspect some funds still needed to buy there.
Say what? The market pushed around to suit a big buyer who wants in now they've got some more numbers? Say it isn't so!
Good sign though.
Happy New year Yippy yi ya, SW reporting from Whangamata yesterday and Piha today:cool:. My combined portfolio of atm, pph and hlg is down a bit over $60,000 in under 5 days:eek2:. Mighta havta doa bita tradin toa geta outa thisa one whena I geta backa to worka:D.
Enjoying a few beverages at the beach by the look of your spelling mate :) Many thanks for posting... I feel a lot better about my losses this week now.