focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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 have future plans to marry a beauty queen!!!!!!
Look I wouldn’t invest in this again for any price ever ever!!!! The reason, because I don’t think that there tech will be used in any sort of volume, that’s just my opinion of course and everyone looks at things differently.
The accounts are out soon if there a going concern then they’ve managed to convince the auditors that they get breakeven (or at least can spin the cash out for 12 months).. if not then I dread to think where the SP goes..
It also talk about future outlook and plans, isn’t it ? IMO it’s about finding the right time to enter / average !
GLA
This link just tells me they have massively underperformed vs other funds since 2020!!!
Let’s hope so fingers crossed
@Gracetrad1 - HL research team feels differently though ? Check the link -
https://www.hl.co.uk/funds/research-and-news/amati-uk-listed-smaller-companies-april-2024-fund-update
These TR1s and directors buys possibly indicating a turn around !
They was 2 TR1’s today
Tip for you! - anything Amati invests in either short or stay away from….. just saying
Huge buy 💥 Amati Global Investors Limited
Hopefully they have that confidence and it is justified. The confidence to not bother with another one or two months of working capital. Very bullish, or something else ending in ish.
We retail investors are invariably contrarian indicators. The poor retail take up is bullish in my book. They didn’t talk to us because they didn’t need to. Guidance is clear for H2 2024. If they hit guidance it goes up many x, if they don’t, it goes bust. Place your bets.
11% take up of the retail offer before expenses! 11%!
I wonder what might have happened if the Chairman or CEO or CFO or CCO or anyone else really had spoken to the market? Or are they too busy?
What does speak to the market is no new licences for nearly a year and no licenced products launched with their partners over the same time. No visible progress for nearly a whole year.
It is positive Xeros has got more funding and potentially more to go from retail even if that wont be from me! The answer to how much of this will go on WC must be a enormous amount if they have next to no revenue coming in? Has this raise and the warrants bought nothing but a little time to keep doing more of the same rather than being an investment in actual progress? I am sure investors would want to keep the lights on longer if the alternative was a collapse of the company but only if there was still some chance of success.
Month after month the fundamental issues still seem to be the same.
We have seen no commercial progress since May 2023. None at all. Looking over the RNS is embarrassing after this time. Discussions just dont count anymore. They were having them six months ago and nothing has happened? Do they have a closing problem? Elaborate on where they are in these discussions.
They say they have significant licence agreements in place but they arent converting to products in the market even years later. Do they have a technology verification or manufacture implementation problem?
Both of these can be fixed by strong leadership and ownership. I am looking forward to being blown away by the CEO and CFOs performance at the full year presentation. Confident sounding fluff wont work. Facts, data and realistic plans with clear routes to milestones. Like how you will be at breakeven in 6 months by any means other than slashing costs so much that you cannot close deals or implement a thing.
EBITDA?
EBITDA is also a mechanism of cash flow, EBITA plus movement in working capital equals cash in/out flow, the question is how much of the £4m is going to be tied up in WC.
The only positive thing going for this is the ii’s the rest is a bad of crap.. less than 20% off ii’s investment actually pay off.
far bigger and safer option out there that will get you a return and won’t lose you all your money.
It’s gone from a £300m Cap to £3m how many red flags do people need!!!!
EBITDA is a poor and often misleading metric to measure profitability, but as I say some iis still believe if they're willing to stump up that amount of money.
The clearest signal to me will be whether the CEO and CFO put money in. They haven't to date, which is a revealing
Anyone who invests in this now either can’t read, is a massive gambler or quite simply just crazy..
Company that generates no cash or revenue goes to suddenly generate 500k cash per month, Im sure the breakeven presentation included a rainbow and a pot of gold too..
There's lots of talk on here from bods about 'industry leading technologies' but this company has been around for years and every time i check on the share price it has gone down again. Tell us something when your company is actually going to make some money - instead of the disingenuous chat that we get from time to time!
I’m amazed they were able to raise such a significant sum at only a marginal discount in the current market. It does suggest there is some life in the old dog yet. Not so lucky for those who took up the warrant option, unless they flipped them. Still not one for me to invest in again but I’m a curious bystander given I’ve sunk plenty in here previously
63% of company shares placing 1.5p
Optimism or bare-faced cheek? I'd be interested if anyone here can make a case in support of the assertion that this is an 'exciting time for Xeros'.
Have long ago given up with this lot - death spiral here we go!
I think DD77 is right. It really looks like they have a bad combination of problems. Sliding cash unless they have Qualus money coming in. No visible implementation progress on the licences they have and no new partners since May 2023. You cant even buy their filter anywhere yet.
Other than there marketing director no C suite are visible in the market. Who is owning this? Compare Adam Root at Matter.
What are they actually doing? There CEO and CCO need to announce not discussions but deals very soon if any confidence is to be built surely?
I would agree, and no I wouldn't buy shares in it. I've lost £30k in here over time. I didn't take up my warrants, I was surprised the SP bounced up when they had nothing to offer in terms of commercial deals. However, the SP has fallen back and the company is in the last chance saloon. Difficult to see it seeing the year out
DD would you buy shares in this? Doesn’t matter anyway it’s all smoke and mirrors, the company won’t be around in a few months anyway in my opinion.
Continuing saying nothing. Brave of Mr Tristam to take the FD role considering.
They’ve got a Finance Director now though. I doubt he’ll buy any shares but he’ll probably be given a load of worthless ones