XRO 2.56% $148.10 xero limited

How do I feel? Pretty good, it's almost the weekend so my mood...

  1. 369 Posts.
    How do I feel? Pretty good, it's almost the weekend so my mood is lifting and the prospect of a sunny/summerish weekend is rather enticing!... ohhh.. you meant about XRO

    Pretty much like it has for the last 18 month. It's a company which obviously has a great product and good prospects. The uncertainty around ability to turn revenue into profit and profit margins, means I am still unable to invest. Additionally, benchmark analysis against it's main competitors in AUS and the U.S (ie MYOB and INTUIT) put the recent operational results into persective, which is to say, whilst their growth is impressive, on a pure numbers basis (customers gained) they are not performing as well as their competitors. I am less worried about the U.S as they've only recently launched there, but more worrying is MYOB regaining market share with their cloud based product.

    Regards
    Gralynchett
 
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