Hey guys, thought I'd share this tool with you. It's pretty damn interesting... http://www.wolframalpha.com/input/?i=xro
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Hey guys, thought I'd share this tool with you. It's pretty damn interesting... http://www.wolframalpha.com/input/?i=xro
Wow - some pretty hefty projections there! I don't follow XRO closely anymore but those numbers seem pretty optimistic!
I note today's news story about reviewing the changes they made to their plans due to client backlash.
http://www.stuff.co.nz/business/indu...ntract-changes
Not great that they announced changes without fully understanding the implications for these clients, but full marks for responding to the feedback and looking after their customers. How is this seen by others?
The blog article about the price change change in the Xero website is classic. Lots of people saying thanks for listening but there is now a fresh batch of clients complaining about the change to the change. You can't please everyone apparently.
http://blog.xero.com/2013/11/australia-listening/
The negative comments are about the general price increases I think, rather than the amendment re payroll, no?
I relate to the guy who said the only reason he can't do bronze is that he has a few too many reconciliations each month. I'm involved with a company that doesn't need all the bells and whistles, but miss out on Bronze (and have to now pay twice the price to get the next package) just because we have a handful of extra statement lines each month. Maybe Xero will listen to this one too and bump up the number of reconciliations (20 really is a ridiculously small number per month).
Have a look at comment #7 by Vincent Guzman: http://boxfreeit.com.au/2013/11/14/x...-and-partners/
This is from their recent annual report:
In New Zealand almost all accountants offer Xero and the focus
for the next year will be on increasing customers per practice and
upgrading customers to higher-value plans.
http://www.xero.com/media/379150/xer...ual_report.pdf
I wouldn't hold my breath for an entry level package that can do what you couldn't do with pen and paper.
No posts today on XRO so a quick observation.
A few days ago there was steady trading in XRO at 3300.
And a rise to 3600 in due course and steady trading at the new 3600 level.
Today the steady trading at 3600 continues ...
Interesting
No surprises in the interim report - all material information for the 30 Sept results was released in the previous updates on hitting $30m revenue and customer numbers. Maybe some tidbits in the details but at the pace Xero moves, the exciting stuff (customer numbers & revenues) are already out of date.
To an investor seeing that announcement he would flip his lid. It's about as positive as you can give this market .Admittedly we may have seen the figures before but all brokers analyst figures and Herald reports are based on historical stuff.It's what the public and the overseas guys have brought to their attention that matters.That's the unknown to us .This reported ...,out of date in the Asian Wall Street journal for instance may ring a bell. This world is based on the assumption,don't assume anything...... Kind regards....