Xero Passes the Tipping Point; FVE Increased 10% to NZD 23
Narrow-moat-rated Xero reported a strong fiscal 2017 result that was slightly better than we expected. We have increased our fair value estimate by...
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Xero: Build It and They Will Come
Xero has grown quickly since incorporation in 2006 to become the largest provider of accounting software as a service, or SaaS, to the small and...
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WiseTech Global - Trading at Disruptor Valuations Without Disrupting Much
WiseTech Global listed on 11th April 2016 clocking first-day gains of 16%. The stock is now trading 32% above its IPO price. We wrote on the IPO,...
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WiseTech Global IPO - Slowing Down but Still at Lofty Valuations
WiseTech Global plans to raise US$75-165m through an issuance of a mix of primary and secondary shares. The deal is set to launch this week for...
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MYOB Shares Offer Value Following Market Slide
We expect MYOB to benefit from the transition from desktop to cloud-based accounting software products during the next five to ten years.The...
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