Xro - xero

**Jess9** · 28-06-2009, 07:30 AM

OBV, RSI and slow stocastic looked good for an entry about 1.25 a week or so ago. Since then OBV and RSI have continued to increase. From my limited chart knowledge this seems good so far.

Any thoughts Phaedrus?

**Peitro** · 29-06-2009, 01:42 PM

Nice movement since the multi-currency release.

I look forward to the announcement of the UK CEO for Xero. According to a recent blog post^, it will be an "accounting vendor rock star"

I wonder if the have managed to snaffle up a big name from one of the incumbents

^ http://www.accmanpro.com/2009/06/27/...onsor-success/

**buns** · 29-06-2009, 05:13 PM

Was defiantly not expecting a reaction like this to that release. Still, I feel the true value of this share will be apparent after its next market announcement. The 3 key factors I see are:
1. How they have went in acquiring resource – the big one being the 40-50 or so developers required in Wellington which would not be easy.
2. Proof of Xero being a strong part of BT/Telstra’s ICT offerings
3. Proof of subscriptions growing on top of the huge increase they saw between Q3/Q4 last year

Some sort of strategy around entry to the US market would be nice as well

**kiwi_on_OE** · 05-07-2009, 09:59 PM

Maybe they could get someone from BT for a year as UK CEO. (Staff have the opportunity to take a year off on 25% pay)

http://news.bbc.co.uk/1/hi/business/8134123.stm

**Peitro** · 06-07-2009, 09:57 PM

Sounds like Xero have their 'man'

"Later today, I will be able to reveal Hamish’s successor. In my opinion, they’ve snagged one of the brightest and best minds on the UK accounting circuit. Watch this space."

http://www.accmanpro.com/2009/07/06/...talks-success/

I look forward to finding our who it is tomorrow morning!

**Peitro** · 07-07-2009, 09:08 AM

Hope the competitors feel the wrath...

http://en.wikipedia.org/wiki/Gary_Turner

**Peitro** · 14-07-2009, 09:37 AM

AGM is in just over a week (23rd) and will most likely update the market on customer numbers.

Any predictions on this magic number?

6000 as of the 31st of March
7500 as of the 10th of May

at a continuation of this rate they would have 10275.

I doubt that the will have this many though, as the previous rate was over the start of the financial year NZ/UK

Big factor will be the OZ growth over their FYE.

9500 is my guess.

**Peitro** · 20-07-2009, 04:20 PM

4 posts in a row is definitely a case for accusing me of ramping =]

Massive turnover today ahead of the AGM, any idea of the cause? Gary Turner buying in?

**buns** · 20-07-2009, 05:05 PM

Hope the drop relates to a buy in...

In regards to your predictions on paying customers - I think you are dreaming if you think you can get within 5-10% of that..

Lets hope its on the high side..