You are paying 5 billion dollars for a long time of negative cash-flow, inferior product and small market. Can we get transparency and honesty in return? Do you want to be lied to?
Printable View
I'm not paying $5 billion for anything. I am paying an average of 95 cents per share for a great story, a huge opportunity and a great product which has engaged me with my business like no other. Other people seem to think that the company has great prospects which is why the price has attained the height it has and is still going up. Time will tell if they are successful or not.
You on the other hand obviously have an agenda so why don't you tell us about it. Are you really concerned for peoples welfare? Why aren't you over on Rakon warning people to stay away?
Yeah, Ben Kepes "suggests" a lot of things. There is a gulf between him and Drury in terms of business strategy (no offence to Cactus gear, which is great).
Drury has an unwavering PR strategy plan that he sticks to (to his credit) without exception: per Farragut, "Damn the torpedoes, full speed ahead!"
You won't hear about what Drury has planned until it has already happened.
I am concerned about unsustainable practices. It doesn't serve us well. Xero is a great story! In New Zealand that is. Just like TradeMe. TradeMe is a great story. In New Zealand. For a moment it looked like Xero might appeal to the US market. For a moment Team New Zealand looked pretty flash in the America's cup. But you can loose when you raise somebody with a better hand and more chips. For you, buying the company for ~130 million dollars was great. Most likely it won't be for those buying it for 4.5 billion. It can't be. I haven't looked into Rakon. I only started looking into Xero and the sector a few weeks ago. Wasn't hard to spot the red flags.
You win. I will call the NZX and ask them to reduce the share price for something more manageable for NZ investors. How does $5 sound.
You might want to call Rod and let him know that it hasn't worked. He doesn't seem to have heard and Xero still seems to be going ahead so you better get the word out.
I feel a lot better knowing someone is looking out for me. Where were you when I bought some Diligent shares at $5:30?
Toasty-
Congrats as you have obviously hit the jackpot.
You can afford to sit back and ride this present day wave of optimism.
But for those thinking about buying in at $35 a little caution is not necessarily a bad thing.
If you are truly convinced this is the great share you say,then a bit of cage rattling shouldn't phase you.
I lost money on silly bets around 10 years ago. Could have listened to warnings and there were many but I was in love with some stocks. Identified myself with something stupid instead of scrutinising the people I was giving my money to. Rod knew that he is in serious trouble when Brad Smith said 'I wanna hug you':
http://blog.xero.com/2013/11/poking-bear/
The only way to prolong demise is raising cap to fight for market share. So he must say that things are going well but for how long can he. Now a question for you: Why should someone in the US go for Xero?
Caution is fine and I have no problem with that. I object to people accusing me of ramping or misleading potential investors. And I also object to the categorising of the information coming out of Xero as deliberate misinformation. These are pretty big concepts but luckily Casino has weeks of experience with Xeros back story and has declared that they are lying to the public.
I have stated repeatedly that I don't mind people pointing out why they think it won't work and supporting that with a rational argument but I am not into NBR style "Its a Ponzi scheme" comments.
Could someone please give me a brief overview of what the article says in the NBR “Xero can win - analyst models share price scenarios from 'US fail' to 'US Blue Skies”