Will Xero go below NZ$ 20? Psychologically NZ$20 is very important.
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Will Xero go below NZ$ 20? Psychologically NZ$20 is very important.
It may well go to where the ‘market’ presently values the forward timing and rate of sales expansion MarketWinner, and perhaps with an overshoot, because traders do like to follow sentiment curves for their own peculiar reasons.
Applying the Clare Capital work of late last year as a valuation reference:
http://img.scoop.co.nz/media/pdfs/13...s_20131003.pdf
Which scenario (1,2,3,or 4) do you think best fits recent numerical outcomes and the forward guidance provided by XRO at the AGM ?
Seriously though moosie if you look at the FY15 estimates Scenario 2 is where we at.
Clare says 396,000 customers ....that's where it heading 284.000 last year and 334,000 the other day
Clare DCF then $8.11 (a year ago) but with less shares so let's say $8 today
Prefer his EV to sales chart
Article in the AFR today about Xero, 1 buy most analysts neutral and a US based one has a sell ( currently my thinking as i personally think its still overvalued) - interesting was most US based analysts who cover intuit and sage have not heard of it and anyway and did not expect it to be a threat to the leaders at this point in time
Sub, $23 now $22.69 ! XRO used to be a great trading share for some, not now falling knife for a while IMHO .
The tidal wave of new tech listings recently is something I view as a clear warning sign the tech sector is overheated. Same thing happened, (mad rush of new listings), right before the Nasdaq collapse 13 or so years ago.
I expect a lot more disappointment in this sector in the foreseeable future.