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The company they have the New licensing agreement is PHILIPS.
This rns seems to assure that Xsg has a future after all. Onwards and upwards.
Xeros Technology Group plc (AIM: XSG), the creator of technologies that reduce the impact of clothing on the planet, is pleased to announce the signing of a further licensing agreement for its XFilter filtration technology with a global component manufacturer, ('the partner' or 'manufacturer').
The partner, headquartered in Europe with manufacturing facilities across the globe, is a world-leading supplier of components, with over 300 million household appliances of all types incorporating parts made by this manufacturer currently deployed around the world. The partner supplies electro-mechanical components for the world's largest domestic washing machine manufacturers including, but not limited to, Haier, Whirlpool, Midea, Miele and Bosch.
Woohoo. Onwards and upwards
Unfortunately not in there interest to, not before the fundraise anyway!
The sooner legislation gets pushed through the sooner people realise that Xeros isn’t the only solution and in fact manufactures already have mitigation.
Just my opinion of course.
If ever there was a time to shout about our microfibre filtration prowess it is now. Huge amounts of microplastics in UK rivers. Come on Xeros lets hear you.
Probably a transfer of shares from one institution to another, hence the the price stays the same.
2 big transactions going through, about 3% of the company holding. Be interesting to know who and what prompted that. SP has barely moved
Who gives a flying fig about an 11kg washing machine. This SP was £3 plus a couple of years ago now its sub 5p.
Maybe the board should start dealing 11kg of cocaine an we may start making money.
Joke of a company.
Just as well I only punted a few quid. Feel sorry for those that went big couple of year's ago.
Hang your head in shame board members. I could do better
Giz a job.
So basically the trading update has no updates in it? Well to be honest it’s probably the most accurate one they have ever released.
Has anyone seen this 11kg machine yet? I’m surprised IFB doesn’t have this ground breaking tech on there website, They haven’t even mentioned it in a press release or anything as far as I can see..it’s like it doesn’t exist to them.
IFB Industries Ltd on their website give the engineering department locations as Kolkata and Bangalore.
A senior Xeros management team are travelling to meet IFB in Goa in February. Goa the popular winter sunshine holiday destination. It took me a few years to be able to afford a winter break in Goa. With what I have lost here it may be some time before I go back.
After all of our money this lot have squandered how lovely they can enjoy their time in the Goan sunshine.
Basically we are still doing your money in.
I’m surprised it’s still 4.90!!
Communication is so poor, The tech is worthless, there burning half a million quid per month and will need to raise money again in 6 months.
What fad was it when you were in?
Commercial washing
Domestic washing
Leather
Work wear
Well now it’s a filter and some people think manufactures are going to give up hundreds of millions of dollars of there skinny tight margins to the chaps at Xeros.
Obviously massive companies like hotpoint and Samsung don’t have R&D.
Hi all I was in this a few years ago share price was very small then I think they had consolidation on share price and it looks like it went to 2.50+ my question is why is it back down to 4.9pence . what have I missed ?
what’s the other two?
Parliament are debating the micro-plastic /washing machine filter thing today. No doubt Xeros will be jumping on to that band waggon.
XFilter mentioned in programme on Radio 4 as being the only one of three waste water filters tested to be actually any good. The downside is as we all know it's not in commercial production!
So has anyone been able to track down so much as a picture of this 11kg Xeros machine?
And 500k and 250k purchases today also. Someone is confident...
Another today, and defo a buy looking at the pattern; lower prices just before and a jump upwards afterwards:
13-Jan-23 13:06:51 4.75 500,000 Unknown* 4.60 4.80 23.75k
'What’s SNCF?'
Société nationale des chemins de fer français (France's national state-owned railway company)
What’s SNCF?
There are £6m warrants issued at 5p per warrant, unfortunately your going to be waiting years to get to 14p and by the way if the warrants are not cleared by October be prepared for another massive discount on the share price. DYOR and all that.
SP has been Trickling upwards in last few days. If (and big "if" of course) IFB or SNCF inital workings can result in any sort of decent size contract this would rocket imo. I need 14p for breakeven! GLA!
That £22.5k trade was a buy, right? Shouldn't someone be ramping this share? Anyone?
That’s a top loader, Xdrum is front loader, they don’t produce a 11kg front loader, far too expensive.
Why don’t they currently do a 11kg front loader, is it because there is no market for it?
I haven't looked under the bonnet of this one but they do seem to build 11kg machines https://www.ifbappliances.com/tl-sibs-11kg
So good that IFB haven’t even mentioned this life changing innovation, check there website.
11kg machine haha, go check there website, they won’t even build one.
Wake up and smell the coffee