Xro - xero

[Goldstein]

The omissions could have been avoided if they had more manpower at the start. Ironically the people who made the most mistakes will be their most valuable assets now. This makes me wonder whether they have been secretly working on Xero 2.0 with all the developers they keep hiring.
I'm not sold on banking 2.0. They have the leverage here but I don't see UK/US banks coming on board. In fact, it may spook them and decide to fight Xero while they're still small and they can put a lid on them. Time will tell. I see one giant ace that Xero has up its sleeve. They could offer the starter pack or some entry level of Xero tailored to micro-businesses for free in the US. It's radical but you know what they say about desperate times...

Yes, I like that idea. Just go after market saturation.

I recall a number of years back when Centos were essentially producing a free version of Red Hat Linux. Initially Red Hat didn't like it, but then they embraced it because the number of users in the community sky-rocketed. A certain proportion of these decided they wanted the support Red Hat offered and decided to get the full licensed product from red Hat.

It would be a hoot if XRO decided to make their software open source. That would seriously shake up the market.

[winner69]

Rod posted this link on his Twitter account a little while ago

The comments after the article are interesting

http://m.accountingweb.co.uk/article...markets/565946

[Casino]

Yes, I like that idea. Just go after market saturation.

I recall a number of years back when Centos were essentially producing a free version of Red Hat Linux. Initially Red Hat didn't like it, but then they embraced it because the number of users in the community sky-rocketed. A certain proportion of these decided they wanted the support Red Hat offered and decided to get the full licensed product from red Hat.

It would be a hoot if XRO decided to make their software open source. That would seriously shake up the market.

It's not without risk and they don't have to play that card now. But it's in essence what Intuit is already doing in Australia. The practice manager is completely free and QBO $5 per month. I feel there is a hint of anti-competitive behaviour here. Apart from that, I'm not sure if the market opportunity is as big as people think it is. Of course we will see millions of businesses in the cloud but probably not at today's margins. Maybe you need to put it out there just as a threat before it ends up as an all out internecine war.

[winner69]

Employee #1,000 on board

http://www.computerworld.co.nz/artic.../?fp=16&fpid=1

[Corporate]

Annualised Committed Monthly Revenue

Like what those signed up now will pay over the next 12 months

$130 odd million is pretty good eh

Indeed, thanks winner.

[winner69]

Wow - an excited Rod on the radio this morning

Even NewGuy will be rushing out to buy heaps .... maybe not heaps but at least a few

http://www.radiolive.co.nz/Rod-Drury...2/Default.aspx

[Santiago]

Wow - an excited Rod on the radio this morning

Even NewGuy will be rushing out to buy heaps .... maybe not heaps but at least a few

http://www.radiolive.co.nz/Rod-Drury...2/Default.aspx

Thanks for posting. Great interview. He seems a little weary of having to deal with NZ small-mindedness. I'd have to say, based on the numbers, I feel for him. What have they done wrong? Their growth rate is amazing. It's goning to be fascinating watching this play out over the next few years.

[Ginger_steps_]

I think we get you point NG.

[abstractionsInsoftware]

quoted"meaning no old code, no legacy code Literally: none."

OOPclass based code can run both locally and on a server and on thecloud - the cloud merely being a group of servers and VM'savailable across a network open to multiple connections across theinternet. There are also privates clouds and private virtualnetworks.

Clearlystructured OOP code can run across the internet and locally on adesktop or a laptop

youcan also take so called OLD code created in modules and place it in aseries of structures that allow it to function as if it were aseparate service allowing it to be reused everywhere at any time andto scale.

Theredesign for the GUI is the part of the software that has beenchanged and the in some cases if the GUI code and business code arenot separated and connected by a middle layer the whole design mayhave to be cut apart and reconnected or worse case replaced..


Thatis a code base can supply business rules for both type of userexperience. A native GUI experience and a browser HTML Javascript GUIif the classes are placed in special stacked modular designs. Theactual structures used are often intellectual property and in somecases not available for publication. .

[Baa_Baa]

Another confounding week for the bulls as XRO gapped open lower on Monday and found merciful support just under $16.75, then back-tested $18 and failed, found support at $16.75 again and closed the week at a miserable $17.05.

The big story all week was whether the 2013 Oct big buyers would fold some or all of their ex-escrow holdings. But nothing happened to suggest that one way or the other. In the background Rod gets plenty of media airtime and once again tells his shareholders to keep calm, everythings going great and it will all be just fine.

With a bounce in the NAS/DOW last Friday US time providing some modicum of direction, XRO will likely rally Monday looking to retest $18 possibly $19 during the week, esp if the US tech markets follow though with some upside. Alternatively there is little price support on the chart below here until $15.

Some will sense a growing anticipation of the opportunity to be buying this sustained price weakness. However there's nothing in the chart that would suggest this price is the bottom.