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XAR Xaar Plc

120.00
0.00 (0.00%)
Last Updated: 11:09:04
Delayed by 15 minutes
Xaar Investors - XAR

Xaar Investors - XAR

Share Name Share Symbol Market Stock Type
Xaar Plc XAR London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 120.00 11:09:04
Open Price Low Price High Price Close Price Previous Close
120.00
more quote information »
Industry Sector
TECHNOLOGY HARDWARE & EQUIPMENT

Top Investor Posts

Top Posts
Posted at 15/1/2024 07:10 by amt
Xaar seems to have very favourable sentiment towards it and strong support from investors.
Posted at 02/12/2023 11:32 by darrin1471
If there had not been better opportunities elsewhere, I would of probably of bought below 170 for a 20% bounce or for a multi year holding.
This weeks trading update is a shocking turn around in the 2024 prospects. Progressive research have cut their 2024 full year PBT from 4.2m to 0.4m.
It's a must read for any small investor or anybody looking at XAAR:


With little prospect of a turn around in outlook for 6 months, then some holders are likely to sell and who is going to buy at the current price. XAAR may become a target of short sellers given its high valuation.

I still like the medium/long term XAAR story but now expect to see a better entry point in the future.
I hold no long or short position in XAR
Posted at 25/1/2023 01:46 by simmsc
"Progressive Equity Research" has written a 16 page detailed analysis on XAAR, focusing on the technology. They highlight how the structure and design of Xaar's printheads provide competitive advantages in overcoming the key challenges faced in several of the areas that make up the company's USD 1 billion addressable market opportunity. I've skimmed over it briefly tonight and will read in more detail over the weekend. This looks to have been written to help investors better understand where XAARS competitive advantages are (and why). Looks interesting. I am a holder, running a slight loss at the moment, and will be adding when the upward momentum picks up again on the share price
Posted at 15/7/2022 09:44 by se81
and more commentary from Progressive today after the update yesterday (Paid for "research" of course but a good way for the co to communicate with investors outside scheduled updates)

Xaar’s H1 trading update for 6M ended 30th June 2022, issued yesterday, confirms that the group is trading well, with increased revenues, improving margins, costs under control and new products launching to schedule. Xaar is clearly back onto a robust growth trajectory. We are maintaining our forecasts and look forward to the interims in September as an opportunity find out more about how the momentum is building.
▪ Revenues and profits growth in line with expectations - The statement confirms that after a strong H1, performance for the full year at PBT level is seen as being in line with expectations. Revenues for H1 are expected to be approx. £37m – 41% up YoY and 14% up on an organic basis before the FFEI and Megnajet. The strong revenue growth has been accompanied by increased gross margins and effective actions on costs.
▪ Investment continues – Net Cash as at 30th June was £12.6m, down from the year end figure of £15.3m. This is consistent with our forecasts, given the acquisition of Megnajet, the ongoing capital investments and the requirement to increase working capital to protect Xaar from supply chain issues and to ensure that customers’ requirements are met.
▪ Trading encouraging on all fronts - The core printhead division has traded well, with European and US growth offsetting the Covid related slowdown in China. The product print business, eps, has seen both revenue and margin growth.
▪ Product development going to plan - The statement confirms that not only has trading performance been good, but so has progress with new product development. A new printbar product was launched in H1 by FFEI, but most importantly the company remains on track to launch the much-anticipated aqueous printhead product in Q4 2022.
▪Price increases, not just cost cutting - The statement refers to management actions to mitigate the impact of cost increases – not least of which is the fact that Xaar has successfully put through sales price increases. This is a timely and reassuring reminder that it has products, skills and technologies that customers value and are willing to pay up for.
Xaar offers investors a clear, understandable tech growth story with a near $1bn addressable market opportunity and a management team that is demonstrating its ability to execute. We continue to question whether the value of this combination is fully reflected in the share price.
Posted at 22/6/2022 07:43 by se81
Progressive out with a new (free) note this morning....some interesting stuff in there (re the business, products, future growth etc)- headline summary below

With a clear roadmap of new digital inkjet products and an ambitious
management team focused on gaining (or retaining) significant market
shares across the segments that make up its $1bn addressable market, Xaar
is positioned to grow strongly. Management has already demonstrated its
abilities in turning the business around, and we believe it is far from clear
that the share price fully reflects the opportunities ahead.

▪ $1bn market awaits. The market for industrial digital inkjet printheads is
estimated by management to be approaching $1bn per annum. Xaar’s
product roadmap suggests that it will be able to address the vast majority
of this within a few years. If the management team delivers on the
product roadmap, Xaar will be well-positioned to take a strong share of
these markets.

▪ Clear signs of progress. Management has a strategy in place to drive
revenue back up by launching new products and adopting a revised
approach to customers and the channel. Improving revenues and a
growing number of customer products both in development and in the
market show that management is already delivering on this strategy.

▪ Profit and cashflow upside. The high gross margin and relatively fixed cost
base mean that as product and revenue traction build, the impact on the
bottom line will be geared upwards. On top of this, the significant
historical capital investment means that material increases in output can
be achieved for limited capital outlay: a possible positive profit and
cashflow double whammy.

▪ ESG potential. Management believes that Xaar can reduce overall ink and
energy consumption, most notably with the launch of its aqueous ink
capable printheads, which use significantly less water than standard
printheads and save on the heat energy used to dry the inks.
Starting from £40m revenue in printheads in FY21, a near $1bn addressable
market opportunity and a management team that has shown itself able to
execute, even though the shares are on premium multiples, the market
valuation appears that it may not fully reflect the scale of Xaar’s potential
revenue and profit growth. Xaar offers investors a clear, understandable
technology growth story, building on an established set of technologies
providing solutions across a range of demanding printing applications.
Posted at 11/4/2022 13:56 by johnv
The reason CR tells he likes it is because his pool of investors have bought it and he is now ramping it up.
Posted at 23/11/2021 08:40 by ny boy
Jb I’m a long term investor, using the opportunity to add more AO. And soon here, I am a fan of XAR attractive to a predator as well, look into Q2+ 2022

Jb do you actually buy stocks or just go around stalking other investors, a strange person?
Posted at 16/9/2021 07:24 by zho
Simon Thomson in Investors' Chronicle:

The price has since pulled back close to my last entry point (185p) on profit taking which means that Xaar is now rated on an enterprise valuation to cash profit multiple of 9 for 2023, hardly excessive for a recovery stock. I am tweaking my target up slightly from 220p to 230p and continue to rate the shares a buy.



(Search on text to access whole article)
Posted at 12/8/2021 18:34 by napoleon 14th
alter ego - right other than Richard had a bust-up with ADVFN who would do nothing
about the trolls polluting is thread here. The serious investors agreed with him & we migrated to Slack, where numbers aree limited to 280 members.
There were 5 seats vacant for 55 applicants last Jan 1st. The last two were auctioned & the proceeds, some £10K, went to GOSH (Great Ormond Street Hospital).

I'm not one for hero worship but renew every year without fail because of results,
so it's a "good contract".

mrnumpty - I started surfing fin sites on Sharecrazy, so thought this was fun
for one who is half French such as I...
Posted at 11/8/2021 00:56 by dougmachin
I normally only buy:

- SCSW Growth Portfolio stocks.
- Ones where the SCSW writer (editor) has a declared holding (normally has an * at the end of the write-up). This is different to the just "we're buyers".
- Where directors are buying heavily or there's a significant buy back, like TRMR.
- Where there's a bigger picture growth story, like RCH, VLX, MNZS, ATG (didn't see this with Esken) or KMK (which SCSW actually gave up on).
- Where other experienced investors (PiWorld / following on Twitter / Mello presentations / IC etc etc) are kind of cross correlating the story.
- Go in smaller at the start and then buy the dips if the story seems to get better, maybe at a higher price. There always seems to be significant dips.

Apologies for off topic and I am far from good at this, but this seems to be working for me, so far! I first subscribed to SCSW about 16 years ago (with HSP the first time around).

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