Member Info for StuoftheToon

Good luck here Ohmni. Another share influenced by the Woodford debacle and for a while has mirrored TRX. For weeks I thought they were holding hands!
Awaiting news of contract detail with Ransons and licensing agreements.
Their Twitter feed is promoting heavily the relationship with Ransons in India and their presence at two major clothing technology exhibitions in India and Bangladesh. This has the potential to move very quickly on release of news. But as usual DYOR.

XSG and TRX for me - very confident in both, but as the saying goes.......well, you know the drill.

Thank you besharp + littlebricks - I guessed it must have been something like that. Interesting nonetheless.

What was the reason the posts relating to the dual listing were removed from the board, does anybody know?

Has our RNS been sabotaged by the Indian Collective of Pumice Workers, aggrieved that our new technology will reduce the need for their product or has XSG just run out of holiday snaps of their India adventure to post on Twitter? Come on guys - don't keep us hanging.

That's it - me loaded up here. TRX and XSG - do your worst guys!!

I have seen that article before Chrishutch - excellent isn't it. It is always worth remind people what technology we have at our fingertips and what a massive difference it can make to the environment and people's lives. Lets get the word out there!!

Our technology is in the Ramsons machine - not sure this would have been done if Xeros were not confident in the terms of the agreement and licensing. A commitment to further exhibitions in Bangladesh, presumably with Ramsons suggests things are working extremely well. I had hoped for some news today following the exhibition in India as I thought it was an opportune time to flesh out the Ramsons agreement and licensing progress. Maybe the success of the exhibition means they have more news. Just wish they would let us know officially. I do appreciate the Twitter updates though!!

I do have tickets to attend but do not feel inclined to do so now. I do however have an array of rotting vegetables, gleaned from my allotment that could be made readily available to attendees. I have a semi-decayed squash, hand sized and keen to find a target.

"We are very pleased to announce the appointment of Klaas de Boer as Chairman of our Board. Klaas brings a wealth of experience in the funding and commercialisation of innovative products and important business connections including those within the COFRA group".
Looks to be a very positive and bold move - lets see!

Holder Shares bought Shares held
Link Fund Solutions Ltd. -- 234.21m
Hargreaves Lansdown Stockbrokers Ltd. +1.29m / +13.34% 10.95m
Hargreaves Lansdown Asset Management Ltd. +875.00k / +18.76% 5.54m
HSBC Global Asset Management (UK) Ltd. +292.00k / +4.30% 7.08m
National Financial Services LLC (Broker) -- 162.00k
Holder Shares sold Shares held
Woodford Investment Management Ltd. -304.65m / -100.00% 1.00
Invesco Asset Management Ltd. -276.76m / -82.18% 60.00m
Baillie Gifford & Co. -12.29m / -17.37% 58.48m
Henderson Global Investors Ltd. -1.05m / -6.32% 15.48m
Winterflood Securities Ltd (Market-Maker) -718.00k / -100.00% 0.00

Data from 31 Dec 2018 - 24 Dec 2019

Yeah, I can live with that for now!! Good luck with your investment.

There are some long term holders here Boom123 who want/need/deserve more. I would hate for this company to be sold on the cheap. All my research screams an excellent medium to long term investment here. Pending news will hopefully back up my research and start the re-rating of the share price. The Woodford effect has allowed people like myself to get in very cheaply, and the suppression of the share price has allowed top ups. People are right to highlight the Midcap concerns but a lot of things point to a share price moving north, as I think the Midcap concern was oversold in my opinion. 5p would be very, very cheap given what TRX has to offer.

Debt for equity would serve as a bit of protection to any predators out there that may view TRX as a cheap takeover option, especially with the share price being so low. Increased debt may act as a deterrent. What I suspect will happen is that increased revenue streams will, in part, appease Midcap and not be so dependant on the draw- down. These streams are yet to be reported on but are geared to the second half of 2019. How rigid Midcap are on recapitalization, I do not know but the report from the second half year may give some indication. A positive second half report would serve to reassure Midcap and raise the share price, thereby making a low offer takeover less likely. Just my view, I am sure B2HS2L will have their view.

A fair question to ask TruthSearcher. If you haven't seen it I would refer you to a post by B2HS2L, posted on Saturday I think. He gave a very good summary of how the funding could possibly be partly addressed and how the Midcap 'discretion' caveat may have spooked the market more that it needed to. I concur with B2HS2L but I would always recommend you do your own research.

Great to see so much interest in our new #sustainable #denim finishing technology at
@GarmentTechExpo
- Manufacturers understand the need to make jeans 'greener' cutting #water #energy #chemistry - and reducing emissions #sustainablefashion (lots of pictures of interested people!!!!)

The expectation is that the second half yearly report will give an indication of revenue streams from the additional shift (and associated costs) but that it will have more positives that the first half year. This is by design as the hard yards were put in in the first half of the year and the second half would reap the benefits. I am not sure how much expectation is already priced in, but I suspect very little. With news of income streams and potential new products, and clarification (if needed) of the Midcap draw down facility I would hope to see the share price touch 2.5p + and I am being conservative in my estimation. If news releases are staggered to reduce re-tracing and the usual profit - taking this could be the start of a sustained rise. I am bordering on ramping territory now so I am going.

I have not been unduly worried by the Midcap caveat to the draw-down facility and have adopted a similar view to yourself B2HS2L. Your comment that " a poor choice of sentence construction has caused concern for investors unnecessarily" is very astute. Scrutinising RNS's and scraps of information from the company itself we can over-think things and create possible scenarios. I am guilty of that and have always looked for a negative in any RNS, (my cautious nature I suppose). I can see this panning out as you described, and with 'second shift revenues' to fill the pot I can see this being an extremely profitable venture.

...and then on to Bangladesh in February for the 2020 Dhaka International Textile and Garment Machinery Exhibition.

So Xeros are attending the Garment Technology Expo in New Delhi- India's most comprehensive Apparel technology, Digital Textile Printing & Garment Accessories Show.
This is a major international exhibition showcasing the NextGen technology of garments & apparel industry and runs from 10-13 Jan'20. They are showcasing the new 2,000 litre sustainable denim finishing machine produced in conjunction with their Indian partners Ramsons Garment Finishing.
Given this degree of collaboration, I think it is fair to assume we will be receiving contract updates very soon and hopefully details of any additional business stemming from attending this show. As the show concludes on Monday maybe some details released on Tuesday????