Xro - xero

[winner69]

Wow

@JamesSolomonsCA: 'Code Free Accounting is the biggest fundamental change to accounting ever' @roddrury #xerocon https://t.co/x1TsNrlXOkt

[RGR367]

XRO Chatbox named Hey Xero on NBR http://www.nbr.co.nz/article/xero-la...chatbot-194129

And the beauty of it is that it gives the chatbox to connect to more than 50M SM's using FB messenger for the XRO ecosystem, aiding those seeking the cloud platform and finding right advisors for them.

[kiwi_on_OE]

... the conservative US market is not moving quickly away from desktop accounting packages and towards the cloud, he says.

Quickbooks Online have gone from 700 mid-2014, to 1100 mid-2015, to 1500 mid-2016, and forecasting 2100 mid-2017. To me, that doesn't really seem to square with Drury's comments.

[Raz]

Quickbooks Online have gone from 700 mid-2014, to 1100 mid-2015, to 1500 mid-2016, and forecasting 2100 mid-2017. To me, that doesn't really seem to square with Drury's comments.

That is all true however working over there and talking to people it is clear that their privacy concerns for cloud computer are a lot more acute than here. The Government/socialist fear/cynicism is greater and they are the home of the NSA. Key cultural differences. I actually think the uptake to cloud computing of the entire market will be less.

[Baa_Baa]

That is all true however working over there and talking to people it is clear that their privacy concerns for cloud computer are a lot more acute than here. The Government/socialist fear/cynicism is greater and they are the home of the NSA. Key cultural differences. I actually think the uptake to cloud computing of the entire market will be less.

Flashback 2013 when XRO's SP was going meteoric on news of USA markets and massive investors piling in. First couple of paragraphs: http://www.forbes.com/sites/benkepes.../#3d73d3ae38ec

And this: https://www.xero.com/media/626841/xe...bal_growth.pdf

So what's different now, other than, 3 years gone by; still chipping away at the US market; SP about half what it was at the time of the article; Theil taking $15m off the table; Rod saying US market tough going and Intuit is massive?

[winner69]

Whatever is happening today I think one needs to be a believer - a believer as to what might happen one day

@roddrury: We're only just getting started at @xero Still need great people for new projects at all levels. Check out #xerocon https://t.co/srijl5IQ8L

[OldGuy]

Still getting started? They've already spent $400 MILLION developing the product!!

[kiwi_on_OE]

Xero doing some advertising in the UK, on the London underground. May have been doing it for a while. And I may have convinced a friend to switch from Sage. Woo hoo. :-)

[Valuegrowth]

It has a kind of short term bullish pattern but overvalued. It has given one year return around 40%. One has to have idea about generating cash flow in the mid and long term. Fundamentals are not that strong yet.

[Dentie]

"Over 130,000 UK subscribers use Britain's favourite online accounting software..."

There were 5.4 million SMEs in the UK in 2015...

Definition of Favourite = "preferred to all others..."

As is typical...2.5% of the market....now that is a big call!