Xro - xero

[couta1]

That's all well and good but you're presuming it's going to go up

If it gets to $7 then your gruts will be ripped into 1000 pieces scattered around your office.

Okay your not a believer we get that.

[Harvey Specter]

" Millions of small businesses now connect in the Cloud on Xero "

This is also impressive as well..... Is this because each "Customer" has multiple clients using Xero ? I guess it would only be 5 clients per customer to be 2 Mil. ?

Each business is one customer so they have 400k small businesses. They may have multiple staff working on each.

They may be talking the add-on software but I dont know how that would equate. EDIT: my guess is when they send out invoices from Xero in pdf format, those invoices can also be viewed online (with statements) and payment can be made on line too. So each customer of xeros customers is in that number (kind of like claiming you know Kevin Bacon because of seven degrees of separation)

[RTM]

Xero customers connect to millions of businesses in the cloud (invoices, POs, etc).

Thanks...yes that helps and I can see how that will more readily be millions.
Appreciated.

[robbo24]

Okay your not a believer we get that.

Actually, I am

[Casino]

Thanks...yes that helps and I can see how that will more readily be millions.
Appreciated.

I think it is quite evident they want the market to see the 'big data' not just the operational side.

[baller18]

Don't know why a lot of members still don't get a lot of the respected memebrs or experienced members with their track record have told everyone to never buy into a downtrend! Wait till the tide turns! Yeh you might now make as much, but you definitely won't lose out as much!!!!!
Especially with the current global markets, growth stocks are out of flavor, I'm sure everyone can see that, most growth stocks are in strong downtrends, whereas the dividend paying or blue chip stocks have been ever slowly steadily increasing day by day... and it isn't going to change anytime soon!!!

[couta1]

Shame the latest announcement coincided with a big down day on the NZX PS-Baller the Americans are a fickle bunch so can change quicker than you might imagine,you only have to look at their automotive market to see that.

[Casino]

Shame the latest announcement coincided with a big down day on the NZX PS-Baller the Americans are a fickle bunch so can change quicker than you might imagine,you only have to look at their automotive market to see that.

The announcement may not be as good as you think.

[Casino]

Don't know why a lot of members still don't get a lot of the respected memebrs or experienced members with their track record have told everyone to never buy into a downtrend! Wait till the tide turns! Yeh you might now make as much, but you definitely won't lose out as much!!!!!

Best way to limit losses are stop-losses. It's not a cyclical stock and waiting for the end of a downtrend for a bottle rocket could be tricky. In Xero's case it may actually be a recipe for disaster. What if the market reacts positively to Xero's performance for the wrong reasons?

There was some insider buying recently and US tax season may surprise. May give Couta a chance to exit without loss.
After that there is a chance that Xero will loose loyal partners in home markets to QBOA.

[couta1]

That's the plan Casino and I appreciate your opinion because you present a balanced viewpoint