Xero was definitely oversold yesterday, the market overreacted.
If you take out the accounting correction of 26 million, Xero basically made a small profit.
Basically, the key would be to show a strong 2nd half with a profit for the full year 2023.
Xero is growing revenue at 30, high gross profit for Saas, and they pumping 34% of into sales and marketing. Their churn rate is extreme low and the ARPU is good.
It is true that in the current market growth is getting punished. But in context, value was also punished between 2015 until just recently. Patience, patience and patience is the virtue required
Xero was definitely oversold yesterday, the market overreacted....
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$148.21 |
Change
-1.290(0.86%) |
Mkt cap ! $22.63B | |||
| Open | High | Low | Value | Volume |
| $147.73 | $148.82 | $145.93 | $47.92M | 324.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 60 | $147.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $148.21 | 1241 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| XRO (ASX) Chart |