Xro - xero

[sharp]

Looking forward to seeing XRO.NASDAQ to add to my portfolio.

Cash flow break-even point reached.

What better way is there to market and establish credibility in the US than to list on NASDAQ.

My thoughts are that $40 per share doesn't look that far out of reach and may be more imminent than one expects.

[bulyak]

Yep, agree Mr. Sharp. I'm guessing a shareprice of around 29, which would raise the market cap to 4 Billion, followed by a 5% equity raise of 250 Million as part of NASDAQ float. That puts about 350 million NZD in the bank. Australasia and the UK markets are now well established , so nothing else needed there to continue to grow those markets. Just keep improving the product and service to current customer base and these market will grow organically. All steam ahead with the US. They just need to keep chipping away at the US, traction will come. Small business owners in the US often are linked to what the bank offers in terms of accounting systems. Filing tax returns in the US are more linked to personal income tax filing then in Oz, NZ and UK. That is why the banking relationships that XRO is building in the US are so crucial to its success there in that market. Intuit will be doing everything they can to prevent this.

[Leftfield]

Chart looking rather bullish...... big volumes crossing recently..... interesting times ahead for XRO??

Attachment 8845

[sb9]

Chart looking rather bullish...... big volumes crossing recently..... interesting times ahead for XRO??

Attachment 8845

https://nzx.com/companies/XRO/announcements/301212

Look at above lf, Winkler sold 3mln shares y'day @ av price of $22.6285 per share.

[Leftfield]

Thanks sb9.... I had missed that announcement.

[Jonboyz]

https://nzx.com/companies/XRO/announcements/301212

Look at above lf, Winkler sold 3mln shares y'day @ av price of $22.6285 per share.

Here's why. http://www.nzherald.co.nz/business/n...ectid=11856912

I'm liking him more and more.

[Leftfield]

Thanks Jonboyz - greatly appreciated and good info'.

[arc]

Originally Posted by Left field

Chart looking rather bullish...... big volumes crossing recently..... interesting times ahead for XRO??

XRO.jpg

https://nzx.com/companies/XRO/announcements/301212

Look at above lf, Winkler sold 3mln shares y'day @ av price of $22.6285 per share.

Winkler bought the shares around 90c back in 2009
He manages a philanthropy focused fund, I couldnt agree more

[Santiago]

Originally Posted by NewGuy
Yes, xero COULD become the next microsoft or apple, in which case the current SP is more than justified.

However, equally, it could also be just another tech companies that NEVER turns a profit, in which case the current SP is an absolute joke.

My bet is on the latter. In fact, I'd wager you'll never see the SP above $25 again.

what do you want to bet? I'm in

Is NewGuy still around here? I think he owes me some wine.

[Leftfield]

New Guy's quote I'd wager you'll never see the SP above $25 again.

Is NewGuy still around here? I think he owes me some wine.

Agree, a nice 29% gain so far this year for holders of XRO...... a bottle of wine from New Guy, would be 'icing on the cake' for you Santiago.