MYOB doesnt compete with Class, BGL does.
Yes Class has new products but long term I don't know if they will maintain this growth. Once they hit peak not sure whats after that. BGL will take back some with 360..
Comparing other accouting related stocks what operate in main steam (what both dont do what Class does).. Xero & MYOB there range of products is larger and oppatunities too...
I work in public pratice, use and love the software, purchased in IPO and have sold most most of my hoilding, if i could have afforded would have kept more but i was happy when they reached these levels, I personally don't see this company worth as much as a Xero or MYOB.
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