Company Report
Last edited 3 years ago
PerformanceCommunity EngagementCommunity Endorsement
ranked
#35
Performance (41m)
-16.4% pa
Followed by
20
Straws
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#Alternative Point
stale
Added 3 years ago

Presenting a slightly different alternative I wanted to firstly point out that I hold it in my personal holding but, am yet to add it to my Strawman account with the reason being I am not bullish at the moment more in a holding phase as I try to get a better understanding of what is happening with the company as the USA exits lock ups.

Its important to remember when looking at church structures and the act of giving the structures are completely different in the USA verse in a more conservative giving culture like Australia. 

Having grown up in Australia, and studied in the USA and with family and friends from a Roman Catholic background we would make our weekly sunday morning donations in Australia when the plate was passed around. A few family members would make the larger monthly donations which, were more discreet. In contrast our catholic family and friends in the USA think nothing of donating 5-10% of their annual salary to the church and are open about making such donations. I have found in general in my time travelling to the US for study, family and work "giving" is just apart of their upbringing and culture. You only need to look at their free budget tools to see how donations and charities are important and real component and not just a fleeting additional budget item or add on found on the equivalent tools in Australia. 

I can not speak for the other points you have raised as I have not delved into PPU deep enough in recenet times. Again take what you want from what I have raised as this is just a personal account from my experience but, I felt I should raise some diiferences I have been exposed to between Catholic congregations in Australia and those in the USA when it comes to donations.