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This is getting to be a buying price but I see may be 90 soon
Adding again for the next shot up - like an atm
Better move today
But it does look kind of gradual rise though Mary, only up 1p today, hahaha
Well, In that case, hope that the next move will be up then, lol.
Gradually, stuff that lol - this is Xaar - it will move up 30% in short order or fall 30% - does not do gradual :)
Looks like this is starting to turn. Hope it will gradually go back up soon.
I will be buying in large good company but it is a long term hold say 3 to 5 years
Just decided to buy a few back @99.78p. Let's see how it goes then.
Certainly in a different phase from the 50p lift off 10 bagger. I used to watch XAR regularly hit the risers and fallers lists and wanted a piece of the action. Something always steered me away. However pulled the trigger this morning and will see where we are in 6/9 months - being XAR it will be in vogue again when least expected.
Unfortunately, I thought it was a good long-term hold too, buying in originally at 550p in 2014! Since April 2022 it has been flat or in decline but this latest drop looks the worst during recent history.
I am tempted to average down but today's further drop seems for no obvious reason and the overall drop seems OTT. Maybe an II is offloading? Other shares in other sectors seem to suffer similarly huge drops without justification.
Think I might a bit but think there will be a short-term bounce back suitable for a quick few days or weeks trade. The PE here is still high though.
It does look like a good long term hold. I'll see how things go then decide if I should buy it back or not. Hope to see you here again soon. Have a good day dear.
Market malaise drags into 2024
Xaar has released a trading update for 2023 that includes cautious commentary around 2024. The group is expecting a strong end to the year in terms of profitability, albeit with depressed revenue levels. Sales pressures are expected to continue in 2024 and, combined with downward pressure on prices and cost inflation, are likely to lead to a materially reduced level of profitability. We alter our estimates for both years to reflect the update.
Although the group is clearly navigating tough markets, we continue to see long-term value in the new products and markets that recent investments have delivered.
Long-term potential remains
As described above, we remain enthusiastic about the group’s long-term opportunities.
The new products and systems (as demonstrated in the recent product demonstration day
– see our note) appear to offer materially better functionality to customers, with moreviscous inks delivering better print quality, with faster print speeds (based on faster drying
times) and lower environmental impact. We will, as planned, revisit this opportunity with
another note in the new year.
Ty - never mind the 1st tranche is usually the tester and snooker rack in on further drops.
Oh no sorry, it's under £1 now.☹️☹️
I think the SP is still dropping, Robina. It probably will go to under £1 before bouncing back up. But anyway, good luck with your purchase.
Took an initial tranche - 1st of 10 - to average in. Seems a recovery stock with wild swings. DYOR.
Bought @129 and got out @136 in the same day. Probably will drop to below £1.
You may already be aware that Stuart Widdowson of Odyssean (part of the Harwood stable) often sings the praises of XAR and bought another 1% only a couple of weeks ago taking Odyssean to over 15%.
XAR seem to be a perennial disappointer but Stuart has kept buying. It will be interesting to see if Odyssean buys more after today's RNS and subsequent drop. Maybe Harwood can find someone to buy XAR.
Today's update suggests revenue might be flat only and yet the share price falls 25%. Absolute madness. Definitely a buying opportunity, which I have grasped with both hands.
I would like to know the same making little money no dividend who is buying
What is the reason behind the price hike?
Revenue going backwards,
Xaar missing earnings would you buy now or hold until after final results
Yes it's confirmed. Facility upgrade at the Huntingdon plant. The trading update RNS mentions it. I think its going to be off line until the end of March.