Xaar Share Discussion Threads

[apad] 01/7/2016 08:49

Perfectly sensible viewpoint.
Diverts management attention and increases risk though, riv.
I think I prefer the cash pile to sit in Cambridge. After all the y'oodles thought it a good deal too.
ARM/RSW stick to their lasts and they have been powering ahead recently whilst XAR has been languishing.
I suppose for me it's 3D printing or nothing, to trigger returning to XAR.
apad
ps
Maybe Kodakman wants to visit his mates on expenses? Cynical, moi!

[rivaldo] 01/7/2016 08:30

There's no point being on the markets and sitting on a huge pile of cash - £70m! - without doing anything with it.

I like the new policy. XAR must know their market competitors/participants inside out by now. Hopefully there will be more such acquisitions, and meanwhile XAR should still have plenty of cash left over for development of all their exciting IP and projects.

[apad] 01/7/2016 07:53

New CEO, new policy, it has never been acquisitive. I'm not at all sure I like this.
apad

[rivaldo] 01/7/2016 07:23

Today's acquisition from cash looks a good one and will add $0.7m operating profit. The immediate adding of a customer base in the USA looks complementary and sensible. Note that the narrative says this is the "first", implying there are more to come:

[apad] 19/6/2016 16:41

Well, FWIW XAR has hit my buy button, but I am still wary of the Kodak CEO, even though I haven't noticed an acquisition
Thanks for all the info, red - much appreciated. The last printweek seems to be "better of the same". I still think printing on 3D is the next boost for XAR.
Think I'll wait.
Apad
ps
There isn't a single company with an unanticipated or more than expected fall where the Board is not blaming brexit.

[lauders] 03/6/2016 12:08

Having no impact on the share price Rivaldo! In fact it is having the opposite effect it would seem. Perhaps they should stop their PR ;-) This BREXIT matter is really taking hold it would seem!

[rivaldo] 03/6/2016 10:52

Interview with the CEO and others about the new product family at DRUPA:



Extracts:

“No other printhead on the market offers all of this,” said Xaar chief executive Doug Edwards (pictured below with sample output from the new head). “Productivity, quality and cost – it has all three.”

"Xaar is meeting with potential OEM partners during the show. Target markets include textiles, laminates, commercial printing, and graphics.

“It’s creating a lot of interest from all sorts of OEMs. From some of the biggest textile machinery companies worldwide, to commercial printing OEMs,” Edwards added."

The first Ricoh partnership product is "aimed at the Chinese market for simple wide-format graphics and soft signage".

[rivaldo] 02/6/2016 15:14

Good news re a partnership with the mighty Ricoh. Plus the launch of a new family of products at DRUPA:



Great to see the first product from the Ricoh partnership is already on display.

[tongosti] 26/5/2016 23:39

Share price not holding above 500p level not a very good omen.

[lauders] 26/5/2016 14:21

Ex-dividend today I believe so hopefully heading upwards tomorrow/next week ;-)

[lauders] 24/5/2016 02:37

Managed to make it back above 500p for a brief moment and then came back down. Would be nice to stay above the 500p level and build momentum. XAR can move quite nicely at times but unfortunately it seems to have been quite hard/slow going since February. Still we are positive so can't grumble too much. Could be worse.

[rivaldo] 22/5/2016 07:58

This looks an impressive new appointment - ex-3M and "manager of micro 3D printing and packaging for Kodak":



"Xaar names new director of sales for Americas
By Staff writer 20 May 2016

Xaar has appointed Oscar Planas as director of sales for the Americas, effectively immediately.

Planas has more than 30 years of international experience working with companies such as 3M, Imation, KPG and Kodak. Most recently he was transition manager of micro 3D printing and packaging for Kodak.

He brings to Xaar proven expertise in growing markets for print and packaging technologies around the world, including in Asia and Latin America. Fluent in English, Spanish and Portuguese, Planas will head up Xaar’s sales activities in North and South America.

‘Xaar’s impressive technology is transforming graphics, packaging and industrial imaging markets globally,’ said Planas. ‘As the company introduces new technology platforms with market-leading functionality, this is an exciting time to join the company and be part of the team that drives its growth across the Americas.’

Xaar CEO Doug Edwards said: ‘Oscar brings with him considerable experience, not only across the digital print and packaging technology spectrum but also in sales, marketing and business development across North and South America. He will be a great asset to Xaar as we continue to build our presence in these strategically important and growing markets.

Planas succeeds Don Whaley who became has taken on new role as director of EMEA sales, global marketing and sales operations at Xaar."

[tongosti] 16/5/2016 14:31

Price holding up. If the same repeats tomorrow then I would expect 550-600 as the next target. Good luck all

[rivaldo] 16/5/2016 12:35

Yep, great to see climb to well above 500p.

[lauders] 14/5/2016 02:43

Agreed. Nice to see the 500p barrier breached. Hope we can gain some momentum now. Ex-dividend on 27th May I believe so perhaps some strength in the run-up to that too?

[tongosti] 13/5/2016 17:37

It's good the share price pierced through the 500p level. If it is sustained next week, it bodes well

[rivaldo] 09/5/2016 13:47

RNS - good to see the CFEO buying £30,000 more XAR shares at 493.6p:



Nice article here too:



Excerpt:

"Two months ago Edwards outlined ambitious plans to more than double the size of the Xaar business by 2020. He is looking at expanding its current inkjet activities, but Xaar also has a war chest of £70m to spend on acquisitions."

[rivaldo] 04/5/2016 09:03

Cheers cellars.

Excellent NED appointment today - as the ex-FD of Domino Printing, along with "Director roles in Operations, Planning and Business Development", AH should have loads of valuable contacts to tap into for new business etc:

[cellars] 03/5/2016 11:20

thanks rivaldo

[rivaldo] 26/4/2016 11:09

More info on today's Peel Hunt upgrade:

"0919 GMT

Peel Hunt raises its target price on Xaar to 570p from 450p and lifts its rating to buy from hold ahead of the company's next-generation industrial inkjet printhead launch next month. Says the Xaar 5601 launch, is expected to open up vast new markets for conversion to digital printing and is a key component of the ambitious new 2020 revenue target of GBP220M. For the current 2016 year-end, Peel Hunt however expects group revenue to be broadly similar to 2015's GBP93.5M. Shares +3.9% at 495p."

[rivaldo] 26/4/2016 10:09

Peel Hunt upgrade to a Buy today, with a 570p target:

[cellars] 18/4/2016 14:38

Corporate broker N+1 Singer appear to be forecasting 11.1p EPS for FY-17. As far as I can work out that implies sales destined for ceramic tile printing of about £40 Mn (a level last seen in FY-10).

No other broker appears to have a forecast post the recent results.

Has anyone seen a report from Singer or have any comment?

[tongosti] 10/4/2016 15:17

On the face of significant market turbulence - over the last few months - XAAR has held pretty well. Granted, it's still about 60% lower compared to its previous highs but it's encouraging to see positive relative strength. Out at the moment but once the momentum train is (if) on the move again, ready to jump on board.

[rivaldo] 05/4/2016 08:47

XAR presenting lots of new stuff at DRUPA 2016:



"Xaar to announce major new technology platform at drupa
4 April 2016

Cambridge: 4th April 2016 ‒ Xaar, the leader in industrial inkjet technology, will present its range of premium inkjet printheads and products, announce a number of exciting new developments and launch a new Thin Film silicon MEMS technology platform at drupa (Hall 6 Stand C05).

Xaar’s printheads are at the heart of a vast number of industrial inkjet print systems around the world delivering both production efficiencies and increased manufacturing capabilities only possible using inkjet technology. A broad base of manufacturers operating in ceramic tile manufacture, packaging and label printing, direct-to-shape decoration, graphics production and additive manufacturing rely upon Xaar’s bulk piezo technology.

​At drupa Xaar will highlight the Xaar Print Bar System, the Xaar 501 printhead, the new Xaar 1003 printhead (launched March 2016) and more.

The Xaar 1003 family of printheads, which incorporates Xaar’s unrivalled TF Technology®, is the latest generation of the trusted Xaar 100x series of printheads. It sets a new benchmark for industrial inkjet printing and achieves the longest maintenance-free production runs in the industry*. With its all-round superior performance, high productivity and versatility, the new Xaar 1003 builds on the market-leading Xaar 1002 and its predecessor, the original and ground-breaking Xaar 1001.

The Xaar Print Bar System adds single-pass inkjet capability to analogue web presses. Launched at Labelexpo last year, the Xaar Print Bar System allows users to take advantage of the benefits of digital printing easily and economically to deliver more creativity to their customers. This is a versatile, easy-to-configure solution ideal for personalised, variable data, special effects and short-run printing for a range of applications, including labels and packaging, and saves the considerable cost and time associated with analogue production methods.

The feature-rich Xaar 501 printhead delivers excellent reliability, high production up-time and exceptional print quality. It incorporates the unique PrecisionPlus architecture which optimises the printhead actuator performance to give more uniform drop formation across the print swathe and, therefore, exceptional print quality. For added reliability, particularly key for harsh environments, users can benefit from Xaar’s TF Technology®."

[rivaldo] 21/3/2016 12:42

Nigel Thomas' fund has been buying more per Citywire today:



"Xaar excites Thomas

Citywire AA-rated growth investment veteran Nigel Thomas has lifted his investment in market-leading industrial printing specialist Xaar (XAR) following a 17% drop in its shares over the last six months.

Thomas increased his investment to over 13% of the business worth £45.8 million at a share price of 454p, down from a recent high of 629p in October.

The shares are overwhelmingly held in his £4 billion AXA Framlington UK Select Opportunities fund with comparatively tiny numbers held in AAA-rated colleague Henry Lowson’s UK Smaller Companies and Richard Marwood’s Ethical Distribution funds.

Xaar spiked spectacularly to above £11 in 2013/14 on booming Chinese demand for its ceramic tile printing, which at the time contributed around 60% of company sales, before returning equally dramatically to earth on the emerging market slowdown.

It has since successfully re-orientated its business toward digital and 3D-printing applications. Analysts remain broadly supportive with recent upgrades putting it on a median target of 550p. "