Xaar Share Discussion Threads

[cockneyrebel] 22/7/2015 16:50

I think that big 200k trade at the close was probably part of the cause of today's rally and clear break through £5.

All imo

CR

[lauders] 22/7/2015 12:24

Good luck CR! I am staying put as have more limited funds and prefer others like GRG, CPR and the highly risky (at present) NANO and PRG. I hope patience is rewarded with the latter two! Watching my SIA in the hope that they will react to results on 5th August favourably but should have ditched them a long time ago. I think XAR will do OK especially if bid rumours do the rounds again. ITV is another I like on that front and the special dividends ;-)

[cockneyrebel] 22/7/2015 12:15

Added more this am Lauders now £5 is well cleared - some good buying after that bunch of 4x300K a few days ago - think that was a seller clearing there imo.

CR

[lauders] 21/7/2015 00:29

Duplicate! Apologies....

[lauders] 21/7/2015 00:28

Yes CR! Let's see if we stay above 5 quid now! Could be very interesting over the next few days. If the strength continues there could be a take-over reason behind it. If not perhaps just a large trade & we will see in an RNS.

[amt] 20/7/2015 23:14

Yes wouldn't be surprised if someone takes it out at 8 quid. Should be a lot more but it's unfortunate that shareholders will probably accept it.

[cockneyrebel] 20/7/2015 16:38

through £5 at last Lauders :-)

CR

[mike740] 20/7/2015 16:37

WHAT!!!!!!!!!!

[matt123d] 20/7/2015 15:50

740-800p would be the technical area for a takeover to be successful.

[stoxx67] 20/7/2015 15:36

would be excellent if so !!!

[lauders] 20/7/2015 15:05

That could well be the reason for today's strength! If this week continues to be as bullish it may be a good indicator that something is going on behind the scenes. THT comes to mind. Something was up and eventually the suspicion was proved to be correct.

[amt] 20/7/2015 14:30

I am very suprised nobody has made a takeover approach. Companies flush with cash and this company must be a bargain as the leader in its field with enormous growth opportunities in the long run.

[lauders] 20/7/2015 12:38

That would be nice matt123d. At least let us get through and stay beyond the 500p first. That would do me until the next leg up.

[matt123d] 20/7/2015 10:16

Weekly triangle now at 543p.

[tongosti] 18/7/2015 17:48

Something else as well on Richard's article: he is right to be concerned about capitalisation of research efforts. Research is mainly a cost centre with no clear benefit as normally only a small part of it gets into the development phase successfully. This is more so when the company spends about £20mln on the research front. A more sensible approach is to charge it on the P&L statement (as opposed to postpone expenses to future years by charging it on the BS) and then adjust FCF accordingly. Very conservative, I know, but it helps create a better picture as far as the calculation of desired margin of safety level is concerned.

[tongosti] 18/7/2015 16:01

I tend to agree with the author.

I have to say though that he is still being generous with XAAR's valuation.

The company's EV is trading at a multiple of about 28 on sustainable earnings basis (i.e. using average net margins over the last 10 years).

Hardly a bargain at these levels.

As I have argued here before, the proverbial margin of safety would be anything under the 150p price (which may or may never be the case, obviously).

As for XAAR putting their cash to work in expanding externally, I very much hope that will not be the case. 9 out of 10 such purchases are a financial millstone as the buyer tends to pay too much of a price.

GLA

[lauders] 18/7/2015 06:15

I knew that a visit was planned and had taken place but I only found the report about it today: [...]

If the link is edited out add i + i + i where the dashes are in the following link:

This part from the Q&A section at the end caught my eye: Xaar will be cash generative this year. It already sits on a mountain of cash and is considering what to do with it. It may enter a joint venture or acquire another company.

Will be interesting to see what is decided.

[stoxx67] 08/7/2015 08:45

market is forward looking......

stability for now.. for Xaar at least...

[jch18] 08/7/2015 08:43

The market likes the statement. With sales expected to be flat for the next 6 months (at constant currency?), what will happen to the bottom line? The increase in cash by £11m may indicate a potential rise in profits.

The question is when are revenues going to increase?

[tongosti] 07/7/2015 12:49

Check last year's calendar for a quick guide or email their IR

[stoxx67] 07/7/2015 07:29

when are we next due a trading update from Xaar, i had expected this late June..

[lauders] 04/7/2015 03:02

Indeed rivaldo! Can't be a bad place to work if you return ;-) XAR looking to break through that 500p barrier sometime soon I would hope.

[rivaldo] 03/7/2015 14:22

Good to see the old North and South American sales manager returning to XAR, with some interesting comments too:



"Xaar appoints Director of Advanced Manufacturing

Xaar targets growth in manufacturing applications with the appointment of Keith Smith to the new role of director of Advanced Manufacturing.

Smith, who is based in the US will report directly to Xaar CEO Doug Edwards, and is responsible for identifying and developing strategic advanced manufacturing opportunities and partnerships outside Xaar’s established markets. He joins Xaar from Chinese touch sensor manufacturer Token ITO, and has 16 years’ experience in direct and channel sales management and selling B2B solutions to Fortune 500 companies. His appointment marks a return to Xaar, having been sales manager for North and South America from 2002 - 2005.

‘I’m excited and delighted to be returning to Xaar in this new position which recognises the huge opportunities for our technology in advanced manufacturing applications,’ said Smith. ‘In particular, there are exciting possibilities in the touch sensor display sector as consumer electronics manufacturers look to reduce costs as well as increase touch-screen functionality. Interest in inkjet is also high in semiconductors, production 3D printing, and robotic coating applications within automotive and aerospace manufacturing.’

‘We are fortunate to have recruited Keith into this important new role in Xaar,’ said Doug Edwards. ‘He brings the ideal combination of in-depth knowledge of key growth markets for Xaar technology and global sales experience in B2B technology in China, Taiwan, Singapore, Japan, and North and South America. As an ex-Xaar employee, it’s also good to welcome him back!’

© Graphic Repro On-line, 03 July 2015."

[brambuz80] 22/6/2015 15:13

Arent results due anytime soon?!