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Bleh, always worries me when a 'heart' arrives to ramp a share...

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Good Oil

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21/07/17

21:10

Post #: 26015136
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Originally posted by SaberX ↑

Have tuned into the thread having seen your post on the STT thread mate. Growth is great, i think like many others I would prefer to see the next quarter or two as the crucial litmus test. After all, sometimes a quick 1,000 customers in 5 days cannot simply be extrapolated for the next yr or two - it does mean a likely outcome. But given the high cash burn it is pretty important to see how the next quarter or two goes in terms of customer growth, and how much they are paying for it. After all, I do note the march quarterly revenue increased from Dec's by a good margin, but so too did the marketing costs.

It may be a case of a xero, high growth but not necessarily a long term share price (yet) , and hence the hype deflated, as ultimately their customer growth was also resulting in high marketing and cash flow burn to acquire customers. Still - it is a marathon one would hope, and if the product /service is that good, the costs to acquire scale now could be well worth it. Being new I am still trying to work out what this SaaS is, assuming it is like the dashboard of xero, albeit a standalone piece, to drive business performance, feedback etc. I haven't quite seen anything so I have no idea how this translates to a competitive advantage that any other software cannot display, as obviously technology/software is a real worry due to barriers of entry I believe being constantly disrupted.

Would be keen if anyone had a good summary of the cons (which are important to note too, to remain unbiased) and pros of the tech. Or any research for a newbie to the stock. Why the big takeup by some prominent names, versus all the other performance monitoring/tools out there?

I think we will see a churn around the 14-16c as ultimately some short term punters jump in, but I think the next 6 months will be kicking goals (Hopefully) before a real re-rating comes (up if well, down if it falls below expectations obviously). All the best for holders however!

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Bleh, always worries me when a 'heart' arrives to ramp a share they know little about ... starting multiple threads in a day.
Saber you are correct imo, , been a great churn trading range for a while, runs on the board building, but no ball tearer ..yet.
I let go of a few at 16c today, should get em back at 14c (or better)... expecting a CR soonish, then a decent run if uptake rates are maintained... XRO didnt really move until 20,000 mark... back in 2010. Plenty of time imo. A potentially great story evolving here, look at the partner quality... just no 'slam dunk' yet...imo. Plenty of research if you read back thru the thread and google. Worth the DD imo.
DYOR

9SP Price at posting: 15.0¢ Sentiment: Hold Disclosure: Held
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Bleh, always worries me when a 'heart' arrives to ramp a share...

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