u/pjn141

Hi, I have a 2007 SVZ Commodore Ute that I've owned since new, it is 6-speed manual, only has genuine 89,500 kms (most of these highway kms carting a dirt bike around) and full-service history. Sadly it's come time to sell it, and I have no idea what it's worth given low km and the SVZs where a limited-edition model (although they are only V6) - some people have told me that it's worth a good amount because of low kms and the model, others said no because only V6 - any help would be much appreciated!! It's in very good mechanical condition, but some scratches here and there on body work so cosmetically not spot on. It's completely standard/stock. Thanks!!

Six months ago everyone was calling the death of saas: agents write the code, file the ticket, close the deal, and every seat-based saas name is a melting ice cube. The market agreed hard enough to take app software to ~23x forward - a discount to the S&P 500 for the first time ever.

TEAM was one on the kill list. Seat-based, collaboration software, "why do I need Jira if the agent does the work." Low of $56.01, cut 10% of staff in March, still −36% YTD on 6 August.

Then FY26 landed: revenue +26%, Q4 cloud accelerating to +31%, RPO +44%, FCF $1.32B. Stock +30% the next day. Closed Friday at $179.70.

Why the short was wrong - agents need context, and context lives in the system of record. You can't prompt your way to knowing who owns the deploy or what broke last incident - that's in Jira. Atlassian's MCP server hit 1M monthly active users, doubling in a quarter. That's not Atlassian selling AI. That’s everyone’s agents showing up at Atlassian’s data - i.e. the context. Context is king 👑

Another tell is that the private market is buying saas. Since Silver Lake started talks for WDAY the stock has rallied hard. WDAY just some evidence for the idea, not the trade - it's up +50% in three months and you're paying for takeout odds.

One that hasn't moved is MNDY at ~$87, −50% YTD, 2.1x EV/sales with $835M net cash - 23% of the market cap. Q2 revenue +22%, ARR through $1.5B, AI ARR now 17% of net new. Cheapest thing in the category on any measure I can find, and fits the same idea as why TEAM has done well, i.e. AI is a benefit.

Where I might be wrong - MNDY guided Q3 to 16% and cut 20% of staff. If agents really compress seats it shows up in NDR (MNDY 109%) long before the AI ARR headline. And if Silver Lake walks on WDAY, the floor under the thesis gets tested.

No position yet. Posting for discussion to find out where this is wrong?