Xro - xero

[kizame]

Yep very true.

[CJ]

I have heard XRo will be piggy backing of team NZ and TradeNZ at the upcoming Americas Cup. Also heard good things out of the US but still not seeing it in the numbers yet it seems to be priced in.

A bit to rich for my blood at this point and like Sparky, happy to be overweight in DIL at this stage.

[Everwood]

I have heard XRo will be piggy backing of team NZ and TradeNZ at the upcoming Americas Cup. Also heard good things out of the US but still not seeing it in the numbers yet it seems to be priced in.

A bit to rich for my blood at this point and like Sparky, happy to be overweight in DIL at this stage.

You're correct. They intend to launch fully into the US market in July to coincide with America's Cup.

[Toasty]

$12.50 and on it rolls. Still no real news that I have seen. Annual meeting coming up in June? I am hoping for a large rise over the 157,000 announced recently. Hopefully good signs of traction in the US.

I wonder if $13 is a psychological barrier or if it will just steamroll up to $15?

[Toasty]

Its different this time as it is a new paradigm...

[lastmoa]

This thing has no barriers anymore and is defying gravity. Have given up trying to put support/resistance levels on it. Outside forces are at work here...

LOL. Whilst the SP does seem high compared to over NZX stocks, and therefore analysts have big problems with it's valuation (and most have no evaluation skills in this area anyway), I'm still not in total agreement. Xero has pretty much delivered thus far and whilst it's BHOG of 1mill customers does seem far off they are going in right direction. If they pull off half of that this price will seem a bargain. Add that to an inevitable US listing ....
I do own Xero and Diligent and I don't fall into the 'defy gravity' camp. If there is anything defying gravity in NZ, it's real estate prices.
8-)

[Novitiate]

Anybody read the NBR article on Drury's comments on MYOB IPO rumours? I'm not a subscriber.

[Toasty]

I always like the comments section.

[Toasty]

$12.50 and on it rolls. Still no real news that I have seen. Annual meeting coming up in June? I am hoping for a large rise over the 157,000 announced recently. Hopefully good signs of traction in the US.

I wonder if $13 is a psychological barrier or if it will just steamroll up to $15?

I guess the market answered my question. $13 Holy S%@t

[tosspot]

ive been saying to myself in not buying in at these elevated levels since $8 now I feel like a fool. its almost tempting to say screw it and jump in because at this stage it really doesn't look like going down. but I guess I just dont have the balls to.