Xro - xero

**Casino** · 23-11-2014, 09:16 PM

Originally Posted by BFG

Agreed. I just think it would look better in a squiggly line chart with a forecasted downward trend compared to how NZ and Aus markets tracked earlier in life.

I do love my squiggly lines

Remember that Xero runs on Netsuite, not Xero. Perhaps Netsuite can't do all those things Xero can let alone do it beautifully?

**jonu** · 24-11-2014, 02:10 PM

The "dark" traders seem to be battling away at around 1700 mark. Reasonable volume going through on no visible depth. Has been going on now for 2 and a bit days and has held. If the old adage of a rise after 3 days selling holds good I think this arvo or tomorrow could see the upswing.

**arc** · 24-11-2014, 03:25 PM

The instant churn rate,
100- (100*(0.96 ^12))

But only if you use 96% for each month as the "average" of the figure, a moving average might be more realistic and account for possible seasonal differences.... end of year dissolving companies etc.

**winner69** · 24-11-2014, 03:30 PM

Originally Posted by arc

The instant churn rate,
100- (100*(0.96 ^12))

But only if you use 96% for each month as the "average" of the figure, a moving average might be more realistic and account for possible seasonal differences.... end of year dissolving companies etc.

For whats it worth Xero said the 4.2% is ...The percentage provided is the average of the monthly churn for the twelve months to 30 September for each year.

Sort of says some months are lower and some months are higher

**jonu** · 24-11-2014, 03:55 PM

Glad we got that churn thing sorted! Meanwhile Chris Liddell putting his money where his seat is at $17.01

**Casino** · 24-11-2014, 07:59 PM

Sage is making a push for Oz:

http://www.digitalfirst.com/2014/11/...new-kid-block/

Not sure what my first thoughts are. Oz is a very crowded place. At least when it comes to cloud accounting. MYOB, Xero and Saasu have the most to loose. Yet, whoever goes to ground first will become a takeover candidate. Has Sage set its eyes on Xero the way Intuit did? Is Sage preparing for war with Intuit? Is Sage after MYOB after missing out in 2011? Three birds with one stone?

Fascinating to watch!

**lubos** · 25-11-2014, 02:16 PM

Originally Posted by Casino

Has Sage set its eyes on Xero the way Intuit did? Is Sage preparing for war with Intuit? Is Sage after MYOB after missing out in 2011? Three birds with one stone?

Sage is coming to defend Handisoft.

Handisoft (owned by Sage) makes practice management software which is used by up to 10,000 accounting practices in Australia. Their market share is taking a hit as many accountants are switching to Xero's free practice management suite. So in order to stop this exodus, Sage is going to push their cloud accounting software which will tightly integrate with software thousands of accountants still use (and pay for) to run their accounting practices.

So in other words, while Intuit came to Australia mostly to stick it up to Xero, Sage is coming to save their 10-20 million dollar business they already have in Australia so expect them to take this more seriously.

Australian market with cloud accounting is pretty crowded. Customer acquisition costs will likely go up for everyone involved.