||EPS - Basic
||Market Cap (m)
|Technology Hardware & Equipment
|Xaar Daily Update: Xaar is listed in the Technology Hardware & Equipment sector of the London Stock Exchange with ticker XAR. The last closing price for Xaar was 347.25p.|
Xaar has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 77,679,557 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Xaar is £267,411,874.97.
|lampran: N+1 Singer called it this morning:
"However near term growth is dependent on new products and management has guided to a higher than normal H2 weighting and reduced visibility, which is likely to restrain the share price."|
|fez77: So the share price drops 30p! Ridiculous!|
|fez77: Never-the-less, the Results don't seem to justify the drop in the share price from 479 a year ago to 360 now. On the basis of last years and this years Results alone, the share price should be back in the 400 region at least.|
|stoxx67: agree with post 2900
there had better be a good explanation or better still good results on 22nd.
the CEO was supposedly well versed in this industry... the share price tells a different story.|
|meijiman: This Chinese bird can't be blamed. If I was the Chairman I would get rid of the ceo-hopefully he is in the last chance saloon. ~beats me how you can be in a job when your share price has collapsed and the market is at record highs.|
|fez77: Here is response from Alex Bevis(clearly still at the company):-
Thanks for your e mail.
On 15 December we noted in our trading statement that we’d be issuing our 2016 results on 22 March.
We have just (today) issued an RNS confirming the 22nd in case there was any confusion on timing of results announcements.
Like most companies we avoid making trading updates or other announcements in reaction to share price movements.
|fez77: OK thanks all. In which case I probably won't receive any reply from Edwards. The recent drop in the share price is never-the-less puzzling without any news (available to shareholders) to justify it!|
|fez77: Email sent by me today to Xaar:-
"Dear Mr Edwards and Bevis
As a substantial shareholder of your company I am appalled by the drop in the share price which seems to be on the back of no information about the progress of the company whatsoever.
I cannot believe that you are either unaware or unconcerned about the share price when firstly you are running the company and secondly you are both shareholders.
Can you please issue a trading statement to reassure the market and us shareholders, before the value of our holdings diminishes into thin air!!!!
I await your response. I will be publishing this letter in public media also.
Lets see what reply I receive - if any! I will publish it here when received.|
|fez77: I'm building a position here in the hope and expectation of a marked increase in the share price over the next few months. The company has a strong balance sheet and is in the forefront of the 3D printer technology which is set to become very important/significant in the near future.
Latest British Bulls comment is:- "Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 21/02/2017, 7 days ago, when the stock price was 372.7133. Since then XAR.L has fallen by -1.20%.".
Latest FT comment is:- "As of Feb 25, 2017, the consensus forecast amongst 8 polled investment analysts covering Xaar plc advises that the company will outperform the market.". And:- "The 3 analysts offering 12 month price targets for Xaar plc have a median target of 510.00, with a high estimate of 580.00 and a low estimate of 490.00. The median estimate represents a 35.64% increase from the last price of 376.00.".
Even the FT analysts "low estimate" is substantially above the current price. I think these are ripe for a take-over. We will see if time proves me to be correct!|
|rogerbridge: XAR share price has taken a hit from a high level, but now looks very undervalued to me. Taking a long term view, I have bought some for the ISA.|
Xaar share price data is direct from the London Stock Exchange