Xero Ltd: Download full Company Analysis

Xero Ltd [XRO.NZ] financial's including a full collection of data out 23 February 2010 courtesy of Aspect Huntley/ASB Securities.

This is a series I will do for the Share Investor Portfolio and other NZX listed companies.

You will find balance sheets, ratios, charts, shareholder returns, 10 year analysis, broker recommendations, substantial shareholders, commentary and company details, forecasts and all the AIA info you could need to make a decision whether to invest or not. Download the full package at Share Investor Forum - you must join to download. It is free and takes less than a minute.


Share Investor Portfolio Company Analysis Series

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Xero @ Share Investor

Share Investor Interview: Xero's Rod Drury
Share Investor Q & A: Reader Questions to Xero's Rod Drury
Rod Drury on Xero and Growing Business
Xero set for surprise to the Market?
Love Xero?
Share Investor's 2010 Stock Picks
Stock of the Week: Xero Ltd

Discuss XRO @ Share Investor Forum
Listen to Rod Drury Interview




c Share Investor 2010

Share Investor Q & A: Reader Questions to Xero's Rod Drury

After I wrote this small piece the other day about my interpretation of Rod Drury's interview on Radio New Zealand's Nine to Noon about his company Xero Ltd [XRO.NZ] he left a comment refuting some of what I said.

He kindly mentioned if I wanted to email him about questions I might have that could illuminate my mind on his company I was free to do so.

He also agreed to do a Share Investor Q & A to give his side of the story.

I know little about Rod and where he is going with Xero but he has many fans out there in techland and they are insanely loyal about the company, its products and its people and this will be my chance to get to know him and his company better. I am open to conversion!

I have some questions in mind to put to him but I would like to know what you guys think.

Leave your questions for Rod here, which is the comments part of this post, and I will include the best ones in the Q & A.

Cut-off time for questions is end of Tuesday 20 April, so don't dawdle.

NB - the interview will be posted here shortly so please stay tuned. There are more questions asked than I thought there would be and as Rod is a busy beaver he will need some time to answer in a manner that he sees fit.


Share Investor Q & As

Xero's Rod Drury
Mainfreight MD Don Braid
Burger Fuel Director Josef Roberts
Sky City CEO, Nigel Morrison
Sky City Entertainment: CEO Nigel Morrison discusses 2010 HY

Xero @ Share Investor

Share Investor Interview: Xero's Rod Drury
Xero Ltd: Download full Company Analysis
Rod Drury on Xero and Growing Business
Xero set for surprise to the Market?
Love Xero?
Share Investor's 2010 Stock Picks
Stock of the Week: Xero Ltd

Discuss Xero @ Share Investor Forum

Listen to Rod Drury Interview

Download Xero Company Reports


Recommended Amazon Reading

Xero For Dummies (For Dummies (Business & Personal Finance)) by Heather Smith Buy new: $26.68 / Used from: $12.37 Usually ships in 24 hours

c Share Investor 2010

Rod Drury on Xero and Growing Business

A really interesting interview today on Radio New Zealand given by Rod Drury, the founder of Xero Ltd [XRO.NZ]

Apart from the fact that he is clearly a smart cookie, entrepreneurial and is fully aware of technology and its application in the real world and a very positive person (and don't we just need that in our little negative backwater of New Zealand - such a negative thing to say Darren!) I found what he said about business in general and his own Xero to be quite revealing.

I got the impression from what he said is that Xero could be one of those companies that one builds up with the intention of flogging off to a willing buyer sometime in the future.

Rod cited a number of cases that this has happened, Trademe was one but two that really interested me were 42 Below and the upcoming listed player Ecoya.

42 Below was built up to sell and the intention is that Ecoya will probably go along the same lines.

42 Below is yet to make money but did of course for those that sold the company and Rod hinted that this is a business model that he liked. He also mentioned that Xero could break even in 2011.

I haven't heard it indicated before although I have wondered to myself as to whether Xero is a company along the same lines as the aforementioned and the founders are just waiting for some kind of large sugar-daddy like Reckon Ltd [RKN.AU] or MYOB to snap them up to remove the losses from their balance sheet.

I like businesses that grow and make money but hey that's just me, unconventional and completely off the wall.

*Please see Rod's response to this blog here - seems my impression was wrong.

**Rod is going to do a Share Investor Q & A. Please submit reader questions here.


Xero @ Share Investor

Xero set for surprise to the Market?
Love Xero?
Share Investor's 2010 Stock Picks
Stock of the Week: Xero Ltd

Discuss Xero @ Share Investor Forum

Listen to Rod Drury Interview


Related Links

Xero - Corporate Website




c Share Investor 2010

Xero Set for surprise to the Market?

A little birdy told me at 11.21am yesterday:

"If you were going to invest in Xero, today is the day. Xero are going to announce their customer numbers soon and it is going to be quite a shock to the market."

Apparently, according to another close Xero watcher, Xero Ltd [XRO.NZ] is going to release their customer numbers to the NZX tomorrow morning at 9.00am and his own analysis (and a bit of educated guesswork I'm thinking) tells him the figure will be around 20000 customers signed up, give or take a few thousand.

Now of course if the anonymous tipster is aware of inside information he/she shouldn't be telling me or anyone else because this sort of stuff is share price sensitive. I am only telling you now as the market is going to know anyway before it opens trading at 10.00am.

The stock was up by 6c or 3.77% yesterday to NZ$1.65 on 7000 shares and 5 trades. Hardly the stuff of billionaire making but nonetheless the principle should be constant - the market as a whole should know such information at the same time.

Xero shares have traded in a steady fashion for the last 4 days (see 5 day chart below) and the spike yesterday was the biggest one since a 4c drop last Thursday. Please keep in mind that this stock can swing wildly for no particular reason because of its thin trading volumes. Its big rise yesterday before the apparent big news out this morning could be a coincidence or...make up your own mind.

Xero was a Stock of the Week back in July, and I picked it again for the 2010 Share Investor Stock Picks back in December as one of the riskier outside picks on the grounds of overwhelming support from users of Xero's products and the inside buzz surrounding those invested in the company.

I continue to remain interested in the market hype surrounding Xero but don't understand the business so will not be investing.

It is either going to be one of New Zealand's overwhelming success stories or vanish into the ether as quickly as it arrived.

I wish current and prospective investors in Xero all the best of luck for that announcement latter this morning and hope the "insider" was on the money.


Related Share Investor Reading

Love Xero?
Share Investor's 2010 Stock Picks
Stock of the Week: Xero Ltd

Discuss Xero @ Share Investor Forum


Related Links

Xero - Corporate Website




c Share Investor 2010