So the bolded one allows Xero to do big data analysis and "sell" the results of this data analysis to same /other clients?
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More important things - Rod is happy as Larry today.
His new Boostedboard skateboard has arrived and he trying it out with other xero guys on the waterfront.
It's got brakes as well .....so now you know
I agree this article cannot be trusted. If anything, it only shows that Xero valuations neglect the payroll market. Until now, people used to add the market caps of Intuit (20b), Sage (5b) and MYOB (1B) multiplied by 2 to get to a future market cap of 50b for Xero. In reality, due to the acqui-hire of the 8 man strong Monchilla team, which gives them a clear edge over all competitors, one should also add Paychex (17b; 12000 employees), ADP (41b; 60000 employees) and multiply by 3. That gives us a conservative target of 250b for Xero, which is around $2000 per share. Again, that's just a conservative valuation
$20 by January? That's borderline stock knocking!
January will be bloody close to the release of quotes. That's a feature that only QBO, MYOB, Sage One, Wave, Freshbooks, Outright, Kashoo, Saasu, Freeagent and some others have. It will put them miles ahead of the competition who will never be able to catch up. They just can't turn the ship around. That's a fact. Also early next year will be close to the Nasdaq listing. That alone will drive the price above $80-90.
Casino that stuff you've been drinking today I'd like some:cool:
Perhaps he's feeling the burn of the recent pullback and had to substitute vodka for methylated spirits? lol, just playing Casino - but interested to know what your really getting at....
It was six men of Indostan
To learning much inclined,
Who went to see the Elephant
(Though all of them were blind),
That each by observation
Might satisfy his mind.
The First approach'd the Elephant,
And happening to fall
Against his broad and sturdy side,
At once began to bawl:
"God bless me! but the Elephant
Is very like a wall!"
The Second, feeling of the tusk,
Cried, -"Ho! what have we here
So very round and smooth and sharp?
To me 'tis mighty clear
This wonder of an Elephant
Is very like a spear!"
The Third approached the animal,
And happening to take
The squirming trunk within his hands,
Thus boldly up and spake:
"I see," quoth he, "the Elephant
Is very like a snake!"
The Fourth reached out his eager hand,
And felt about the knee.
"What most this wondrous beast is like
Is mighty plain," quoth he,
"'Tis clear enough the Elephant
Is very like a tree!"
The Fifth, who chanced to touch the ear,
Said: "E'en the blindest man
Can tell what this resembles most;
Deny the fact who can,
This marvel of an Elephant
Is very like a fan!"
The Sixth no sooner had begun
About the beast to grope,
Then, seizing on the swinging tail
That fell within his scope,
"I see," quoth he, "the Elephant
Is very like a rope!"
And so these men of Indostan
Disputed loud and long,
Each in his own opinion
Exceeding stiff and strong,
Though each was partly in the right,
And all were in the wrong!
MORAL.
So oft in theologic wars,
The disputants, I ween,
Rail on in utter ignorance
Of what each other mean,
And prate about an Elephant
Only Rod Drury has seen!
Hey blackcap - can you tell me what broker you used to short Xero ?
From my understanding the half yearly results should be released today, hopefully we will see some positive news.