We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I need the barrow boys to knock this stock down I have more to invest in it but need180
barrow boys still about by the looks of it.
I doubled my investment as soon as the barrow boys leave this stock it will have some upside
How many shares did you buy, Sadanby?
If it hits 188 I will top up
I think they are a solid investment, going places and have a great future. OK small loss but in fairness who hasn't been tripped up by Covid! I'm holding this long term and intend to top up with a few more if I can. Will be nice dividend share too in due course.
I topped up on the drop....rightly or wrongly, I like this firm.
sell on a result
XAR • LON
Xaar plc
GBX 201.00
11.45%
-26.00 Today
Sep 14, 8:04:43 AM UTC+1 · GBX · LON · Disclaimer
IDMXAR
RNS Number : 6387L
Xaar PLC
14 September 2021
XAAR plc
2021 INTERIM RESULTS
CONTINUED STRONG PERFORMANCE WITH POSITIVE MOMENTUM IN THE BUSINESS
Xaar plc ("Xaar", the "Group" or the "Company"), the leading inkjet printing technology group, today announces its interim results for the six months ended 30 June 2021.
Summary of results for the six months ended the 30 June 2021:
2021 2020(1)
Continuing Operations
---------- ----------
Revenue GBP26.3m GBP23.7m
---------- ----------
Gross profit GBP7.6m GBP6.3m
---------- ----------
Gross margin % 29% 27%
---------- ----------
R&D investment GBP2.6m GBP2.1m
---------- ----------
Adjusted EBITDA(2) (GBP0.4m) GBP0.7m
---------- ----------
Adjusted loss before (GBP2.3m) (GBP1.3m)
tax(2)
---------- ----------
(Loss)/profit before (GBP2.1m) GBP1.3m
tax
---------- ----------
(Loss)/profit for (GBP1.8m) GBP1.0m
the period
---------- ----------
Diluted earnings
per share (2.3p) 1.3p
---------- ----------
Total Operations
---------- ----------
Loss before tax (GBP5.6m) (GBP4.8m)
---------- ----------
Loss for the period (GBP5.3m) (GBP5.2m)
---------- ----------
Diluted earnings
per share (4.8p) (5.0p)
---------- ----------
Net cash at the period GBP17.1m GBP18.0m
end(3)
---------- ----------
1 - Restated results for June 2020. See note 11
2 - Excluding the impact of share-based payment charges, exchange differences relating to intra-group transactions, gain on derivative financial instruments, restructuring costs and investment expenses, research and development expenditure credit, other operating income and discontinued operations as reconciled in note 2
3 - Net cash at 30 June includes cash, cash equivalents and treasury deposits, excluding Xaar 3D
Figures and percentages included in this report are subject to rounding adjustments arising from conversion to GBPthousands or GBPmillions from actual figures. Accordingly, figures shown for the same category presented in different tables may vary slightly, and figures shown as totals in certain tables may not be an arithmetic aggregation of the figures that precede them.
Financial highlights
-- First half revenue of GBP26.3 million in line with management expectations, representing
Wish I'd had more in this than some of the other dog shares I hold....always seems to be the way.
Love to know why the price had so much upside
another very good day for XAR, nice
"...Xaar’s share price rallied 56 per cent to 230p after I last suggested buying at 147p when I covered the annual results (‘Priced to motor’, 26 April 2021), and in the process achieved my 200p target. The price has since pulled back on profit taking and offers another a repeat buying opportunity. Indeed, after factoring in the contribution from the FFEI acquisition, and potential for earnings upgrades, I am raising my fair value target to 220p. Buy."
https://www.investorschronicle.co.uk/ideas/2021/07/12/bargain-shares-exploiting-repeat-buying-opportunities/
Large uncrossing trade this afternoon: 2.5m shares traded (£4.8m). 78m shares in issue (according to 'Fundamentals' on this site) so that's 3.2% of shares. Alongside Xaar's promotion to FTSE Small Cap taking effect next week this means there might be a "Holding in company" RNS to look out for too, I wonder who's buying those shares... (although as an uncrossing trade it might relate to multiple buyers & sellers so not necessarily notifiable changes)
XAR's indeed been promoted (actually takes effect from 21st June I think). I wonder if yesterday and today's rises are on the back of that. Anyway good to see.
The quarterly FTSE reshuffle is coming up. I don't understand it well enough to know if this is only for the FTSE100 and FTSE250 and I can't find any announcement of this possible promotion, but I notice that XAR now has a market cap that would qualify it as "FTSE Small Cap", although it's currently a "FTSE Fledgling" - so maybe it gets promoted next week, in which case that might mean that some tracker funds will need to have a position in XAR. I wouldn't expect that to make major changes to the share price, but it should underpin it - if I've understood that likely promotion correctly. Anyone here actually *know*?
One resource I do find helpful on this is Stock Challenge which lists shares and their current categorisation,
http://www.stockchallenge.co.uk/ftse.php
Be good to see this back to 2015/16 levels again.... still 38% in red.
Any forecasts?
XAR is up nearly tenfold ,what not to like , nice
Chinese OEM, King Tau has launched a new industrial-grade print engine, incorporating Xaar's advanced printhead technologies.
The ‘Magic Cube’ utilises Xaar’s unique TF Technology and High Laydown Technology to provide users with significant performance improvements for industrial inkjet printing.
Xaar’s TF Technology allows fluids to flow directly past the back of the printhead nozzle at very high flow rates. This prevents the nozzle from drying out, increasing its open time, and ensuring that the printhead is continuously primed for trouble free start-up, even after periods of non-use. High Laydown Technology enables the printing of textured effects onto flat surfaces up to 80um thickness on every pass, which delivers both reliability and higher productivity to the ‘Magic Cube‘ print engine.
As a pioneer in the ceramics and graphic sectors, Guangzhou based King Tau is a leading equipment manufacturer with more than 20 years’ experience in the development of solutions for many different industrial inkjet applications. The partnership with Xaar for the launch of the ‘Magic Cube’ print engine has further enhanced the company’s reputation for high quality and performance inkjet printer manufacturing.
"Our trust in the technical reliability and durable performance of Xaar’s printhead technology were key to our working together,” said Mr. Tong, Managing Director of King Tau.
“In addition, Xaar's unique specialist technologies deliver real value for our customers and differentiate our brand from competitive products."
The tie-up with King Tau underlines Xaar’s commitment to developing global partnerships and collaborative projects.
Xaar’s CEO, John Mills, said, "We are delighted to be working with an industry leader such as King Tau and welcome the opportunity to provide our products and technologies in China.
“Through our partnership we see great potential in delivering the quality, performance and reliability that the Chinese market demands."
Xaar’s FuturePrint presentation to highlight inkjet printing’s drive into new applications
Categories: Corporate, Events
23 February 2021
Leading inkjet technology company, Xaar, and jetting technology provider Meta Additive, will demonstrate how Xaar’s technologies and collaborative approach are enabling ground-breaking applications, at this month’s FuturePrint virtual conference.
Titled, ‘Pushing the boundaries of what’s possible’, Graham Tweedale, General Manager of Xaar’s printhead business, will review how Xaar’s unique technologies are pushing inkjet beyond its traditional applications into increasingly new areas.
Highlighting the culture which exists to drive creativity and innovation at Xaar, Graham will focus on three of Xaar’s technologies – TF Technology, High Laydown Technology and High Viscosity – and explain their contribution to moving beyond the conventional limits of inkjet printing.
In addition, Dr Kate Black, Chief Technology Officer at Meta Additive, will introduce its innovative binder jetting process and explain why the collaboration with Xaar has been an important part of the development process.
Graham commented, “The FuturePrint conference focuses on new technology that enables production to adapt to fast-changing, new markets, and if the last year has shown us anything, it’s the need for agility and innovation.
“Our work with Meta Additive and its binder jetting invention is as creative as it is relevant to today’s evolving manufacturing environment, and above all demonstrates the role that inkjet technology and collaboration between two forward-thinking businesses is playing in pushing the boundaries of inkjet.”
The two-day FuturePrint Virtual Conference will highlight the latest developments within industrial, packaging, labels, commercial and wide-format print technologies designed to meet the needs of customers in 2021 and beyond.
Graham and Kate’s presentation takes place on February 26th at 15.00GMT / 16.00CET. The session is open to all and can be attended by pre-registering at www.futureprint.tech.
Anyone have any idea as to why this is trending downward at the moment?
I'm still thinking this to be a strong buy, last week ended fairly similar the the previous week, so not the gains I would have expected. My other shares are both O&G which also had a poor week, so XAR by no means was on it's own. I think this will find it's legs again tomorrow, no reason why it shouldn't be closer to 150 by end of play. Best of luck for the coming week, thick snow and drifting where I live, but change in the weather forecast tomorrow with bright sunshine, maybe it will be the same for XAR.
BtB...could even be back there by the end of this week the way it has picked up, well done to all loyal holders that held their nerve. I always think I may be wrong to hang on in there when the share price seems to be in free fall, but we never know when it has hit the bottom, this time it even tested my nerves, but if we all sold when this happens we would now be at zero!! Have faith, strong Company, great entry price at the moment, so still see this as a strong buy.
Slowly creeping back to where this should be, steady rise each day.