And a headwind in the chart too.Was alerted to it as a possible buy but I note some headwinds re its US forays.
After a very quick look and if you have a reasonable profit locked in, perhaps, yes.Sell IAG at $9?
Depends on the stock. Also there are other reasons - Might be better opportunities elsewhere?You own shares to buy and sell seeking taxable cash return OR you own shares for organic growth dividends and minimal taxation...
When I migrated from MYOB and discovered how good a product it was/is, I bought some XRO in May 2022XERO at $140
IIV said it was well overpriced at $140.When I migrated from MYOB and discovered how good a product it was/is, I bought some XRO in May 2022
No dividends though. Might be overpriced now.
They have had 3 price increases in a very short time. They are also pricing themselves out of the micro business with 1-2 employees due to stp and superannuation functions not offered on the lower plans. Not sure how it will impact the bottom line. Quickbooks and other competitors are winning the small clients.XRO not able to make a mark in the US and I think its maturing in Aus - with subscriber growth slowing. The increased profitablility due to putting prices up rather than growing subscriber base.
Would most Xero subscribers be happy paying > $1K per year?
Not promoting Xero but they have a 90% off four month subscription at the moment so good time to trial it if cloud based accounts interest you. Payroll for one employee included in base subscription now, annoying, should allow for at least two.XRO not able to make a mark in the US and I think its maturing in Aus - with subscriber growth slowing. The increased profitablility due to putting prices up rather than growing subscriber base.
Would most Xero subscribers be happy paying > $1K per year?
Already using Xerogood time to trial it if cloud based accounts interest you
This aligns with my experience also. Use them to manage two small business but the price increases are rapidly make me wonder what for. The one thing XERO seems to do well is integrate with other apps, so connecting to Stripe, Wise etc is one of the main reasons I'm sticking with them..They have had 3 price increases in a very short time. They are also pricing themselves out of the micro business with 1-2 employees due to stp and superannuation functions not offered on the lower plans. Not sure how it will impact the bottom line. Quickbooks and other competitors are winning the small clients.