I thought this was another great Baby Giants podcast. $PME has been on my watchlst a while now, and I felt that the pod really probed the key considerations on whether $PME can be a buy at the moment.

I add to this recent research by Goldman Sachs ("Solid update but further contract momentum required to drive valuation support; Sell"), who have identified a diminishing number of big accounts to be won, coupled with the relative lack of recent material deal newsflow, in concluding that valuation risk is skewed to downside. (Contrast this with the $2bn global TAM discussed on the pod).

Like many, I rue not having taken the plunge when the SP hit $15 early on in COVID. There's no denying the quality of earnings and the market leading position. But with current formard p/e of 50, there is too much downside even from today's depressed prices should it disappoint on top line growth.

It stays on my watchlist in the hope that if tech undergoes a further major correction due to Fed tightening following another high inflation report, then I have the capital to invest.

DISC: Not held.

Did he really think he could hide from us?

:-)

First episode nerves :)

Hi Strawman,

Off to an interesting start. Was fun and a few good laughs in there. Well you piqued my interest around AVA risk group. Does really sound pretty cheap and well worth a look. You guys will find your groove. Great first episode.

But it was good! Apart from the 'Today Tonight' level segue attempt - risk .. oh lets talk about AVA risk ;)

Episode 3 of the Baby Giants podcast has come out featuring Pushpay (PPH) and Cluey (CLU). This podcast has quickly become a staple of the weekly rotation. I like the fact they just focus on a couple of companies each episode, which means they really get to discuss them at some depth.

The segways between the companies could use a bit of work... ;)

Yes, have been enjoying it so far and the focus on only a couple of companies.

Waiting for our entrepid Strawman to talk his own book and cover Catapult and Envirosuite!

ha, thanks guys.

Have actively avoided both EVS and CAT for the pod for fear of being seen as a pumper! However, if and when we do talk about them, you can be sure the other guys will have lots of cold water to throw over these ideas :)

Agreed @Noddy74. I too am enjoying the episodes, always great discussion and thoughtful analysis.

Mind you, it is only a matter of time until someone sends CAT in to Ausbiz and asks specifically for Andrew Page's assessment of the company (again)....