Xro - xero

[gv1]

Spike? Its up less than 1%

But someone was buying.....

[couta1]

Is it meant to add some comfort knowing Fidelity is interested in XRO??? I think so.

Have a read of the article in the Herald today, Drury very bullish about Fidelity buying a 5.4% stake in the company as one of the worlds most sophisticated investors, he said other international funds also buying in currently. Well I'm looking forward to 2015 and beyond so have pulled down my average buy price to $22.80 from $42 in anticipation(No i didnt do it after reading this article but last friday)

[BFG]

Have a read of the article in the Herald today, Drury very bullish about Fidelity buying a 5.4% stake in the company as one of the worlds most sophisticated investors, he said other international funds also buying in currently. Well I'm looking forward to 2015 and beyond so have pulled down my average buy price to $22.80 from $42 in anticipation(No i didnt do it after reading this article but last friday)

Thats the best news I've heard in quite a while Couta! Good man for keeping the faith. A very real chance of making a good profit now. Im glad for ya

[couta1]

Thats the best news I've heard in quite a while Couta! Good man for keeping the faith. A very real chance of making a good profit now. Im glad for ya

Cheers mate, im of the belief that a few on here have written Xro off way too prematurely

[Casino]

Have a read of the article in the Herald today, Drury very bullish about Fidelity buying a 5.4% stake in the company as one of the worlds most sophisticated investors, he said other international funds also buying in currently. Well I'm looking forward to 2015 and beyond so have pulled down my average buy price to $22.80 from $42 in anticipation(No i didnt do it after reading this article but last friday)

Your strategy could work. I think Xero has more to win than to loose in this and the next quarter. The market might get excited to see a bump in US numbers, which may be nothing but a cosmetic effect from the Monchilla acquisition. Next quarter we'll see US tax season and a quoting facility kick in. Let's hope that it will help them do well. If it does go up, you could consider using a trailing stop-loss to protect your gains. Fingers crossed...

[Harvey Specter]

Remember that year end in the US is December so second half sales should always increase more than first half sales. You would have to be pretty pissed with your current software to change mid year.

[artemis]

400,000 customers announced.

[Bilbo]

400,000 customers announced.

They announced 250,000 customers at end of Jan 2014, so in 10 months they have added 150,000 which is 60%. By my calculations, assuming the same rate of new customers over the next 2 months, implies an annual increase of 72% for the 12 months to end Jan 2015. Not sure how this stacks up with estimates. Good to see some spin from Rod along the lines of the US being back on track, but no figures to back that up.

[robbo24]

They announced 250,000 customers at end of Jan 2014, so in 10 months they have added 150,000 which is 60%. By my calculations, assuming the same rate of new customers over the next 2 months, implies an annual increase of 72% for the 12 months to end Jan 2015. Not sure how this stacks up with estimates. Good to see some spin from Rod along the lines of the US being back on track, but no figures to back that up.

"Back on track in the US."

[Santiago]

They announced 250,000 customers at end of Jan 2014, so in 10 months they have added 150,000 which is 60%. By my calculations, assuming the same rate of new customers over the next 2 months, implies an annual increase of 72% for the 12 months to end Jan 2015. Not sure how this stacks up with estimates. Good to see some spin from Rod along the lines of the US being back on track, but no figures to back that up.

Bearing in mind you'd expect higher growth in Jan-March as it is the time of the year when many of their potential customers would change platforms in NZ, UK and the US. So maybe we're still looking at their anticipated 80% growth rate. Next year's reporting will be fascinating, particularly seeing the numbers broken down.