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17-05-2023, 04:54 PM
#2011
Member
Xero was first profitable in like 2019? The share price had grown from a few $1-3 in 2012 ish to $40ish in 2019. Tech does not need to be profitable to grow in value.
It's also important to note that the capital raise was at $7ish, so lots of room for growth based on current metrics and information.
Last edited by snigmac; 17-05-2023 at 05:01 PM.
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17-05-2023, 05:47 PM
#2012
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17-05-2023, 06:24 PM
#2013
Originally Posted by usenet
and xero cash flow was shocking in 2009/2010, revenue 2m burned 10m
those who sold out and dont understand the model missed out big time
Sadly NZers have largely missed out on the huge gains made on the IT & software industry - a total lack of understanding on how the companies in these sectors build up market presence and future cashflow.
They get sucked into companies like MFB & CBL and then, blame the market for failing to deliver gains to them!
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17-05-2023, 06:28 PM
#2014
Big rerate to happen over near term. Closed at 2.92 on ASX which is 3.10 here.
Could easily be knocking on 5 handle over mediums term.
Great result and building solid momentum now, glad to have added some in low to mid 2s over past few months. Mostly after Darrin put his hand up by buying on market.
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17-05-2023, 06:46 PM
#2015
Did they mention why USA didn’t see much growth?
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18-05-2023, 10:53 AM
#2016
Originally Posted by sb9
Big rerate to happen over near term. Closed at 2.92 on ASX which is 3.10 here.
Could easily be knocking on 5 handle over mediums term.
Great result and building solid momentum now, glad to have added some in low to mid 2s over past few months. Mostly after Darrin put his hand up by buying on market.
Powering on and ASX is yet to kick in.
Bluff oysters, tuna toro, scampi and Veuve Clicquot champagne today to celebrate SKO heading back towards its previous high.
Not a question of if, but when imo.
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18-05-2023, 11:12 AM
#2017
Originally Posted by Balance
Powering on and ASX is yet to kick in.
Bluff oysters, tuna toro, scampi and Veuve Clicquot champagne today to celebrate SKO heading back towards its previous high.
Not a question of if, but when imo.
Powering on even higher.
Going to see if I can add a 2 kg crayfish to the feast!
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18-05-2023, 11:17 AM
#2018
Member
Originally Posted by Rawz
Did they mention why USA didn’t see much growth?
look like USA market on the back burner while they working on booking.com integration
they just laying the ground work for USA market by the look of it. they briefly mentioned they try to signed on more reseller
and bring more CWT content to that market and developing NDC integration. I assume once booking.com integration is bed down
they start putting more resource into the North America market
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18-05-2023, 11:28 AM
#2019
Member
Originally Posted by Balance
Powering on even higher.
Going to see if I can add a 2 kg crayfish to the feast!
What are you going to buy once it ticks over $3.7 or $4? It's already at $3.5.
Last edited by snigmac; 18-05-2023 at 11:30 AM.
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18-05-2023, 11:35 AM
#2020
Originally Posted by snigmac
What are you going to buy once it ticks over $3.7 or $4?
Haha - my ex-boss always said that one should always celebrate when one has held true to a view and reaps the reward.
Share the joy and success around.
So that's what I am doing with this huge spike in SKO's sp.
Hope no one sold on the way down towards $2.00 but took the opportunity to top up.
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