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Thread: Xro - xero

  1. #7201
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    Certainly sharemarket action today. Looking like sp might hit AUD60.

  2. #7202
    Senior Member Toasty's Avatar
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    Quote Originally Posted by artemis View Post
    Certainly sharemarket action today. Looking like sp might hit AUD60.
    And $60 has been reached. Interesting day. Market certainly likes the results. The same sort of acquisition numbers over the next financial year and we are well into the 2.2 million plus subscriber range.

  3. #7203
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    Not bad for a company bleeding $27m a year. I think I have been doing it wrong all these years!

  4. #7204
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    Great result for Xero, congrats to all holders!

  5. #7205
    Speedy Az winner69's Avatar
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    This guy has a valuation of $28 for XRO

    https://www.morningstar.com.au/stock...trong%20result
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #7206
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    Xero may well be overvalued, for sure, but the many losses so far need to be seen in Xero's strategic context. Which has been growth first, profits later.

  7. #7207
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    Xero SP hitting new records most days atm.

  8. #7208
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    Xero in the US - Fisher Funds view.

    Xero’s subscriber growth in the year ended March in the US was 48 percent while overall group growth was 31 percent.

    “The cloud accounting software market is huge and is very under-penetrated. We think cloud accounting penetration in that market is less than 15 percent which compares to around 50 percent penetration in NZ,” Dickie says.


    http://www.scoop.co.nz/stories/BU190...sher-funds.htm

  9. #7209
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    XRO is knocking on the door of the ASX50, market cap wise. That would increase demand.

  10. #7210
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    Go on. Go higher even more and time to realize the dream

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