Xro - xero

[Everwood]

I recently sold my shares in Xero after first purchasing them in 2008. I believe a market correction is on the horizon and I only intend to hold onto good paying dividend stocks that I purchased at excellent entry points. I still intend to hold onto MOA which was a speculative bet and I only have a small holding compared other investments I've made.

I still believe Xero is a great company, so I might purchase Xero again at some point in the future. When the correction does happen, I intend to use my spectacular gains from Xero to purchase other stocks at better entry points.

[winner69]

Xero in the drivers seat to win bigtime in Australia

https://www.accountantsdaily.com.au/...d-grab-in-2018

[Joshuatree]

I recently sold my shares in Xero after first purchasing them in 2008. I believe a market correction is on the horizon and I only intend to hold onto good paying dividend stocks that I purchased at excellent entry points. I still intend to hold onto MOA which was a speculative bet and I only have a small holding compared other investments I've made.

I still believe Xero is a great company, so I might purchase Xero again at some point in the future. When the correction does happen, I intend to use my spectacular gains from Xero to purchase other stocks at better entry points.

Fantastic ride there Everwood!.another great example of its "the sitting" that makes one wealth rather than chopping and changing around. Hard to see the s/p of XRO 10 years ago on my chart but somewhere between zero and $1? Congrats on taking the money off the table and chucking it in the tin, must be a 30 bagger plus . BTW from all the info ive read indications are for a Goldilocks year with what maybe a 5 to 10% correction at worst unless a big black swan materialises, CRYPTO?. i know a number of folks who cashed up in the last few years worrying about this correction and missing out on great gains. Someone will be right some day i guess. Thinking of Skid in particular.

[RGR367]

#3 US of A client hitting XRO yet again http://www.quickbooks-blog.com/2018/...ng-part-1.html

This time he's hitting the behemoth http://www.quickbooks-blog.com/2018/...nd-intuit.html

[Toasty]

This time he's hitting the behemoth http://www.quickbooks-blog.com/2018/...nd-intuit.html

It reads as though he is back in Xero's camp? He has a crack at Brad from Intuit over unethical business practices a few blog entries back. Certainly a man of strong opinions.

[pierre]

I bought into XRO at just over $NZ6 in late 2012 and have been holding ever since. I've just

moved my holding over to the Aussie section of my portfolio - makes my ASX results look quite respectable now and camouflages the disaster that a few Oilers have proved to be over the years. Still holding those though waiting for a miracle to arrive.

Looks like the ASX is happy to have a few more Kiwi holders on board now - XRO SP is up $1.92 as I write. I'm not too distressed about that - and Rod Drury is probably moderately happy too. Early days of course, but he may have proved a few naysayers wrong.

[Shore]

Can someone outline how this all works.. my NZ holding as been ported over to the ASX. So, if I want to sell, I just engage an Aussie brokerage? Will I still be giving them my NZ FIN number for the holding etc? I haven't been issued with any other documentation?

[pierre]

Can someone outline how this all works.. my NZ holding as been ported over to the ASX. So, if I want to sell, I just engage an Aussie brokerage? Will I still be giving them my NZ FIN number for the holding etc? I haven't been issued with any other documentation?

Sorry Shore, I haven't fathomed all that out yet - not planning to sell anytime soon so not worrying me right now. I expect we will all receive a communication sometime soon as to how to deal with our holdings. Rod's probably a bit busy counting his money just now.

[Shore]

Yes admittedly I'm not tooo concerned myself either... very happy to watch the bump.. onwards to ASX200

[mikeybycrikey]

Can someone outline how this all works.. my NZ holding as been ported over to the ASX. So, if I want to sell, I just engage an Aussie brokerage? Will I still be giving them my NZ FIN number for the holding etc? I haven't been issued with any other documentation?

I received a letter the other day with information on what happens from here. You can view it here:
Announcement: https://www.nzx.com/announcements/313278
Letter: http://nzx-prod-s7fsd7f98s.s3-websit...278/273325.pdf

Looks like Link will send you an SRN at some point soon. I imagine that many of the Kiwi brokers will handle Aussie holdings if you want to sell.

For more info, have a look at the information booklet that Xero sent out a few months back: https://www.xero.com/content/dam/xer...on-the-asx.pdf

I feel like it shows how Xero has fallen out of favour on ST, that they can delist from the NZX and there are no posts on this thread for a whole week! Will be interesting to see how it goes.