Member Info for Maplinman

Israel has to expand the war and wants the US involved as it can't defeat Hezbollah alone. It will do something to bring in Iran, maybe kill Trump and make it look like Iran or go after the Iranian leader.

Middle East War hotting up. Surely the price of oil will rise as a result.

Jason,

When you first posted about this company on November 4th 2023 you stated: "Not feeling confident about sticking any of my money in right now." Since then you've only posted negative comments. You're no 'critical friend', so what exactly is your game?

My views are clear and those in doubt should read my posts. I'm confident that this will rise on news of further license deals, IFB launch and Yilmak sales. Nuff said.

Weili is a renowned washing machine manufacturer in China: https://www.weiliglobal.com/overview/

It was acquired by Donlim in 2005: https://www.cccme.cn/shop/cccme8176/introduction.aspx

My guess is that Chinese are planing to do with washing machines what they did with cars. Produce cheaper better machines that will eat the market share of their Western/Japanese rivals. Xeros tech may help them do that in the short term.

Hi Jason,

Contrary to your previous comments that were very sceptical of the current management, Austin is cutting deals. Did you read the Safestocks article? He explained the significance of the Donlim deal. Moreover, the IFB news was a delay on the 9kg machine due to a tweak on the machine that was nothing to do with Xeros technology, not a 'major blow' as you describe it.

You're unfamiliar with the Donlim brand (as were most investors) but that's where a little more research would be useful. My understanding is that it owns a washing machine brand that is sold in China. I believe it is this brand: https://www.weiliglobal.com/product-category/product/washing-products/ [Not sure what fruit has to do with it.]

Re. revenues, Yilmak has launched its finishing machine with Xeros tech, with sales revenues expected in this calendar year and beyond. Other license deals are expected and within the next 6-months I believe other washing machine manufacturers will have agreed license deals that should deliver revenues in Q2 2025.

If anyone looks at your posting history all they will see is someone who bought one share too high, sold at a huge loss and has stuck around moaning about it for months, if not years. You did no proper research and lost your money. End of story. Hardly a role model for any other investor.

Gracetrad,

Seriously mate, you need to get a grip. I'm not day trader trying to hoodwink the unwary so no need to take that hysterical tone. The reasons for the delay with the 9kg IFB machine have been explained, you can choose to believe them or not. Have you nothing positive to say about the license deal with Donlim? Institutional investors are buying while PIs sell up. You lost a bucket and I feel sorry for you but investing is a risky business, especially when you buy high and sell low.

Maybe you'd be better off standing outside a betting shop in your local high street warning people of the dangers of gambling. Most on here know the risks and are adult enough to stomach any losses.

The risk at 1.2p was far lower than previously - but I didn't expect nervous nelly Nomads to kitchen sink the news of a temporary delay re. IFB with odd stuff about a change of management and French legislation. I've bought more because I expect this to bounce on good news, which I believe is coming. I agree there is risk (isn't there always, even with Blue Chip stocks?) and wouldn't advise anyone to invest more than they can afford to have tied up for 6-12 months.

Someone smart is loading shares at this rockbottom price. The people posting negatively made the unfortunate mistake of buying shares when the price was high, hence their continual focus on past failings. Read the latest blog on www.safestocks.co.uk to get a more balanced view of the risks with this stock. DYOR of course.

I agree that the fall is overdone. Thus, I've bought more. This has the support of big funds and the business case for investing in this is growing, not weakening.

Certainly, the delay to the 9kg IFB launch is disappointing but beyond the ability of Xeros to control and it isn't an issue with their tech that has delayed the launch. Moreover, the Donlim deal shows management can deliver license deals. For me the investment case remains intact. Donlim is the trading name of a a huge, listed Chinese company; Guangdong Xinbao Electrical Appliance Holdings: http://en.donlim.com/ Significant sales should be generated in the medium term and Cavendish still has a BUY though it has reduced its short term price target from 18p to 16p.

Re. French legislation not so concerned as I think the EU is starting to push for this given the huge issue of microplastic pollution globally: https://www.theguardian.com/environment/article/2024/aug/21/microplastics-brain-pollution-health

It seems Safestocks' prediction of 3m cars this year is going to happen: https://www.safestocks.co.uk/2024/05/08/seeing-machines-to-hit-3m-cars-on-the-road-this-year/

I wonder how many companies are considering when to bid for this undervalued gem?

Risk? At 1.2p...lmao. The problem is most private investors like to buy high and sell low. It was far more risky when you bought.

That low price has enabled some to build up a substantial holding in a stock that must surely multi-bag from here on in. If you're underwater at the current price and you have the funds average down, otherwise what are you doing here? You should sell if you don't believe in the company and its products.

Hi Aaroon,

Interesting contribution. So much information to be discerned via eyes re. health. Must have implications for robots. How long before Elon bids for us, I wonder?

I couldn't resist buying a few more of SEE for the SIPP, as it's on sale today. The price is lower than 6 years ago, but the business is progressing well. What's not to like.

The tie-up with IFB (Indian washing machine manufacturer) is very interesting. It holds a large share of the Indian domestic washing machine market, which is expanding fast as the Indian economy grows.

According to CRISIL Ratings (Sept 2023): "IFB is among the top five players in washing machines and has strong position in the front load washing machines."

The innovations that IFB has introduced appear to put the European manufacturers to shame. I know this launch has been years in the making and been delayed, which is why some holders/ex-holders are sceptical. However, I'm prepared to take the company management at their word when they stated at the full year results RNS: "IFB Appliances' new domestic 9kg washing machine, featuring Xeros technology to save water and prolong garment life, moved from R&D to manufacturing and marketing with a launch in India planned within the calendar year." [Of course, it has to be acknowledged that Xeros can't control the timing of that launch.]

RNS was at the end of May 2024: https://www.investegate.co.uk/announcement/rns/xeros-technology-group--xsg/full-year-results-2023/8224078

Jason,

I've already explained why you're wrong; 1) fundraise brought in new investors with a solid track record. 2) Yilmak launch 3) Progress on launch of IFB 9kg domestic washing machine set for later this calendar year. Private investors buying at 1.22 today, although showing on here as sells.

Questions is fine but constant negativity about a share that you purport to hold, without any research of note, is disappointing.

I've rarely come across 2 such embittered individuals as you Gracetrad1 and Jason Crowe. You don't appear to have invested in any other share, as this is the only share you ever mention. How much did you both lose in this stock? I assume it was a lot.

I admit, the company has given investors a rough ride in the past - mostly under previous management. However, that doesn't mean it isn't finally going to deliver. They managed to convince several intelligent institutional investors to back the last fundraise, which was a signal to invest for me. Yilmak has launched its new finishing machine with Xeros tech at a trade show in Turkey and IFB is set to (after many delays) by year end.

Again, I'd point you to a comment Amati made upon investing. Here's the link to it in a Safestocks article: "“Xeros is the developer of a patented polymer bead technology, which reduces laundry requirements for water, power and detergent. It also results in less garment damage through time. The company has spent a lot of time and money getting to this point, but now has growth potential from the incorporation of its technology into domestic and commercial washing machines, and the pre-wash treatment of garments by denim manufacturers. Xeros also has a novel filter device for removing micro-plastics from washing machine waste. The long lead time to commercialisation of these technologies has dragged the valuation of the company down to very low levels, making this an attractive entry point for new investors.”

The link is here: https://www.safestocks.co.uk/2024/07/15/xeros-technology-set-to-rerate-on-positive-news-flow/

Smart investors who've made money on this might want to consider investing some of their profits in Seeing Machines. Take a look, DYOR of course.

There's some more info on the Safestocks blog: www.safestocks.co.uk

It quotes the Stifel analyst Peter McNally, who has clearly done some research and explains the true significance of this contract. Cipia and Smart Eye are definitely trailing behind SEE.