AFF Member Stock Discussion

[tgh]

NO (and not likely to…) why do you ask ?

 

[Quickstatus]

Was alerted to it as a possible buy but I note some headwinds re its US forays.

 

[cove]

Yes we have JLG and we are a bit behind on that stock.

 

[Mr_Orange]

Was alerted to it as a possible buy but I note some headwinds re its US forays.

And a headwind in the chart too.

 

[cove]

We listened to the Judo Bank presentation this morning. It got JDO up during the trading day.
Had a slew of letters from CBA and Commsec while we were away in the US. Had to go to a bank branch to do a KYC. Strange because we have been with Commsec since they took over Sanford Securities many years ago. Lucky we had our family trust deed on our IPads.
Thinking about dumping a few non performers.
Was buying some FRI as they were tanking yesterday.That is the Perth apartment developer Finbar.

 

[Quickstatus]

Sell IAG at $9?

 

[Mr_Orange]

Sell IAG at $9?

After a very quick look and if you have a reasonable profit locked in, perhaps, yes.

 

[tgh]

Sell IAG at $9?

Why ? ie….You own shares to buy and sell seeking taxable cash return OR you own shares for organic growth dividends and minimal taxation...

I remind y'all that my broker sold out his entire holding of CBA @ $140 , advised all his clients to do the same as they could then get back in when it fell back to a hundred….
Disclaimer :...As a responsible fund manager I did sell a few at $160 as a woozy gutless butt covering exercise...

 

[TheRealTMA]

I'm annoyed with myself that I didn't buy more XERO at $140 during the Trump induced slump. Now up 33% since then.

 

[Quickstatus]

You own shares to buy and sell seeking taxable cash return OR you own shares for organic growth dividends and minimal taxation...

Depends on the stock. Also there are other reasons - Might be better opportunities elsewhere?
CBA +12.5% since $160

 

[Quickstatus]

XERO 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.

 

[TheRealTMA]

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.

IIV said it was well overpriced at $140.

 

[Quickstatus]

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?

 

[Freq Flier 2013]

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?

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.

 

[TheRealTMA]

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.

 

[Quickstatus]

good time to trial it if cloud based accounts interest you

Already using Xero

 

[Quickstatus]

Thanks @cove
I'm up 26% on RPL.

 

[tgh]

It has been a nice little run , hopefully an organised little slump into the eofy coming soon , I wouldn't mind that at all….

 

[cove]

Well @Quickstatus that is nice.
We know market downturns occur and we have been in the market since I was seventeen so that is 58 years of investing.

 

[SeatBackForward]

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.

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..

anyway, off topic for a Stock discussion.