Xaar Share Discussion Threads

[davidlloyd] 22/11/2017 08:20

What's with the 1 share trade??
DL

[renew] 21/11/2017 05:29

Given how much Xaar spend on R & D and patents I never understand how competitors are able to underprice them within a year or two of their new products rolling out.

[rivaldo] 20/11/2017 09:17

N+1 Singer now go for £18.8m EBITDA for the year about to end, rising to £21.7m next year and £27.9m the year after.

The dividend is 10.3p this year, rising to 10.8p and 11.4p.

Obviously a disappointing update, but the share price should be reasonably well supported given XAR's place as a globally technology-leading company. As others have said, we may see some predatory interest given the lows.

This is a relatively small holding for me given the timing of XAR's recovery and transformational status with all the new technologies being developed, but there may well now be top-up opportunities here.

[pugugly] 20/11/2017 08:29

Eastbourne Might even hit today looking at L2

[eastbourne1982] 20/11/2017 08:13

Sub £3.50 over the next few weeks.

[amt] 20/11/2017 08:07

Sure the share price will be hammered but it might provide opportunity for a takeover. Low price and weak sterling maje ir the perfect time to strike.

[seans66] 20/11/2017 08:03

Fair point but still I expect the market to punish the share price today & not trust the company until it's actions match its words. However I will top up as I am a long term believer in the future of this company.

[amt] 20/11/2017 07:55

Not way below expectations but below expectations. Lets get a sense of proportion. 2020 vision still in tact irs how the trajectory to get there is the issue. Expect the share price will go down but already down over 10% in the last few weeks.

[seans66] 20/11/2017 07:47

Disappointing trading statement as way below market expectations. I suspect the market will be ruthless in its reaction. Hopefully an over reaction creates a buying opportunity.

[tonsil] 11/11/2017 09:03

New industry report available Marketing extract shown because XAAR is listed as TOP player. The report Inkjet Printheads Market 2017 presents a widespread and fundamental study of Inkjet Printheads industry along with the analysis of subjective aspects which will provide key business insights to the readers. The United States Inkjet Printheads Market 2017 research report offers the analytical view of the industry by studying different factors like Inkjet Printheads market growth, consumption volume, market trends and Inkjet Printheads industry cost structures during the forecast period 2017-2022.The Inkjet Printheads research report specifically targets the Inkjet Printheads industry in the United States market. Geographically, this report divides the United States market into six regions: The West, The Southwest, The Middle Atlantic, New England, The South and The MidwestDo Inquiry Before Purchasing Report Here: Top Manufacturers Analysis in Inkjet Printheads Market:1 XAAR2 Fujifilm3 Konica4 SII Printek5 Trident ITW6 KYOCERA7 TOSHIBAOn the basis of product, Inkjet Printheads Market primarily split intoPiezoelectric Print HeadsThermal Print HeadsOthersOn the basis of applications, Inkjet Printheads Market divides intoOutdoor Advertising IndustryTextile Printing IndustryPaper Printing IndustryOthers

[rivaldo] 08/11/2017 14:22

More coverage of XAR and 3D printing here - much the same as the article above, but this opening paragraph is a neat summary of where XAR have now got to:



"Xaar Focuses on 3D Printing Transforming from Prototyping to Volume Production

Back in 2015, Xaar, which is based in the UK and develops and manufactures inkjet technology and piezoelectric, drop-on-demand industrial printheads, jumped headfirst into the 3D printing world a year after helping FACTUM develop special inkjet technology for its 3D printer. The company hasn’t looked back since, announcing the creation of a new Xaar 3D Centre in Nottingham, which just had its official opening in March, and becoming a member of an Innovate UK-funded consortium to develop AMT’s automated, intelligent post-processing machine. Add in a new Materialise 3D software bundle option and a new printhead, and it’s safe to say that Xaar is making big things happen."

[rivaldo] 02/11/2017 09:15

Important news here re XAR moving 3D printing to volume production which is worth reproducing in full - more to come later this month



"1 November, 2017 - 12:47 By Kate Sweeney

Xaar technology nudges 3D printing closer to volume production

Technology from Xaar in Cambridge promises to move 3D printing closer to volume production. The company will go into detail at the InPrint show in Munich later this month.

Chris Noble, a 3D engineer at the Science Park company, will tell delegates how inkjet – and Xaar technology, in particular – is transforming 3D Printing from a prototype industry to manufacturing at scale.

During his conference talk on November 15, Noble will explore the benefits and growth of 3D printing in general and the key enablers to accelerate the industry’s growth.

He will also explain why digital inkjet, and specifically Xaar’s TF Technology and High Laydown Technology, is at the heart of the solution, delivering both a fast and a scalable 3D manufacturing process which is robust as well as economical.

3D Printing as a manufacturing methodology encompasses a range of processes and applications all focusing on building parts up, usually layer by layer.

It is a highly attractive methodology, not just because it eliminates the need for tooling, but also because it provides superior geometric freedom, giving product designers much more capability, whilst substantially reducing product design and production lead time.

3D Printing also enables customisation of products to individual consumers, decentralisation of manufacturing and reduction of storage space required for spare parts – not to mention the time, environmental and cost benefits delivered with these.

Noble says: “To date, 3D printing technologies have often been used to produce prototypes and one-offs. Whilst for many businesses globally there is a definite value to be had in this, the opportunities with inkjet technology are now creating even greater excitement and buzz around 3D printing and its potential to deliver reliable, repeatable systems for high volume manufacturing.”

[rivaldo] 01/11/2017 13:54

EPS have launched their first new product since acquisition by XAR - they're looking for a very nice $16m of sales in its first year:



Extract:

"EPS launches Roto-Jet
By Max Goldbart, Tuesday 31 October 2017

Xaar subsidiary Engineered Printing Solutions (EPS) has launched the Roto-Jet cylindrical object inkjet printer for mid-range promotional applications.

Launched and becoming commercially available at last month’s Pack Expo in Las Vegas, the Roto-Jet will be handed its European debut at InPrint, Munich in mid-November. Targeting 20 US and 20 European sales in its first year, the machine is priced from around $400,000 (£300,000) in standard configuration or $440,000 with varnish option.

The Roto-Jet represents EPS’ first major launch since it was acquired by Xaar last year, which signalled the beginning of an ambitious push by the Cambridge-headquartered printhead manufacturer to double turnover by 2020. The strategy also saw it open a dedicated 3D printing centre.

Xaar will be announcing a new product of its own at InPrint, with more information available nearer the time.

etc"

[rivaldo] 26/10/2017 13:24

And yet another innovative new product - note the comments about healthy sales since launch:



"Wallpen Colours the World using Xaar Technology

An innovative and highly practical solution that uses inkjet technology from Xaar to create designs on indoor and outdoor walls has been launched in Germany by Wallpen GmbH.

The Wallpen printer is a patented, mobile, large format UV printer system for printing pictures and graphics direct to walls and vertical surfaces. It prints in brilliant, durable and high-definition colours directly onto a wide variety of substrates including plaster, wallpaper, wood, stone, plastic, tiles, glass, metal and concrete. wallpen 128

Following extensive market research, the Wallpen printer was developed over two years and is underpinned by 15 patents, enabling the creation of a unique and high performance printer. Incorporating a four-colour Xaar 128 print bar, the Wallpen printer utilises a rigid and lightweight aluminium structure to print the image. At the same time, it scans across the surface using a laser to adjust for surface imperfections and undulations. Therefore, the printer automatically and continuously adjusts the print arm for any changes in the surface of the substrate onto which it prints.

Able to create colourful designs on walls up to almost four meters high, with no limit to the printable width, the Wallpen printer can cover up to four square metres per hour at a resolution of 370 x 600 DPI. It is compact, fits in a mid-size car, can be easily transported and can be set up by one person in just five minutes.

The Wallpen is the brainchild of Wallpen Managing Director Andreas Schmidt, who specially developed the vertical printer to have a wide range of possible applications. These include printing designs onto vertical surfaces in public spaces like shopping malls, bringing colour to hospitals and other municipal buildings and creating displays on museum or office corridor walls. The Wallpen printer is aimed at painters, decorators and interior designers, as well as sign makers, advertising agencies, graphic designers and companies in many more sectors.

“Since the launch, we’ve had a great deal of interest in the printer from a wide variety of industries, and sales are already looking very healthy,” comments Andreas. “The Xaar 128 printheads are central to our product because of their ability to jet UV ink, and also because they can be easily incorporated into a small and lightweight printhead unit. As a consequence, Xaar technology is playing a major role in the Wallpen printer’s success.”

The Xaar 128 is a leading 17mm piezoelectric drop-on-demand printhead for the Wide-Format Graphics sector, and is ideal for applications such as printing graphics on a range of surfaces, as well as outdoor and indoor signage. Light and powerful, it is also particularly suited to applications where printhead weight and size are important considerations – a key part of its relevance to the Wallpen printer."

[rivaldo] 26/10/2017 09:24

Back from hols, and great to see XAR continue to rise.

I thought this news whilst I was away was interesting:



"16 October, 2017 - 13:15 By Kate Sweeney

Cambridge University graduate inspires new Xaar technology

A Cambridge University graduate working for digital ink jet specialist Xaar has seen three years of research culminate in the launch of a new technology at two overseas expos.

Senior engineer Nick Jackson’s work was central to the official unveiling of Xaar's new High Laydown Technology at Asia's largest ceramics show – Ceramics China – as well as Labelexpo 2017, the world's largest label printing show which was staged in Brussels.

Jackson, whose role is in advanced applications, joined the Cambridge Science Park company in 2008 after graduating from Clare College with a Natural Science degree the previous year.

High Laydown Technology can be used with the hi-tech Xaar 1003 and Xaar 2001+ inkjet printheads to print a range of textured effects on product packaging and labels, as well as ceramic tiles.

For example, in the perfume industry, where packaging is a key element of the overall customer experience, a raised varnish effect can be printed over the characters of the product name to make it stand out and grab the attention of potential purchasers.

Other applications include warning triangles required on all hazardous products, and Braille.

At this year’s Labelexpo and Ceramics China trade shows, the ability to add effects was a major talking point for many of the show’s exhibitors and visitors.

During his time at Xaar, Jackson has built up an expertise in developing advanced printhead waveforms. These are electrical drive signals applied to the channel walls inside a printhead to create a movement, which in turn produces the acoustic (pressure) waves used by many of Xaar’s printheads to eject the ink or fluid from the nozzles.

Over the last few years, he has been investigating the impact on printhead performance of different electrical signals. High Laydown Technology was borne out of this work.

Jackson said: “Since I joined Xaar, I’ve had the opportunity to work on a number of very interesting projects but this has to be the one that sticks out for me.

“The scope and potential impact of this new technology is significant and I’m particularly hopeful that High Laydown Technology can increase the use of Braille on packaging by removing some of the cost barriers for use.”

[davidlloyd] 26/10/2017 00:19

Is this a case of "Shhhhhhh" don't tell anyone about XAAR?
Doing very well and little to no interest...
Am holding and happy...
DL

[3rd eye] 18/10/2017 13:14

XAR Xaar PLC continuing its charge north. 2018 eps growth pencilled in at 15% giving a forward P/E of 28.8 hist'ly low. Chart at 6 mth high😎

[3rd eye] 17/10/2017 10:15

XAR Xaar (digital inkjet print) featured previously going for a 6 month breakout. Target share price is yearly top of approx 520p...

[3rd eye] 13/10/2017 15:13

XAR Xaar break out to 6 month high Digital Inkjet Tech trading on a P/E of 23, which looks cheap for a Blue Sky Tech Company, share price targ 520p high for the year.

[my retirement fund] 13/10/2017 09:46

Over a tenner again would be nice.

[tonsil] 13/10/2017 08:52

I am back in here properly today, thanks to Rivaldo's posts. I held this in the late 90's up to its spike to over a tenner. I can now see it repeating that more sustainably. Thankfully I kept a few to keep an eye on it.

[farmergeorge] 12/10/2017 12:40

Appreciated rivaldo.

[rivaldo] 12/10/2017 12:09

Panmure's recent initiation must be filtering through the City....

It's been a couple of weeks, so here's the summary page FYI:

"Xaar has evolved from a one-hit wonder in 2013 to a company capable of consistently employing capital at double-digit growth and generating progressively higher returns on capital employed. The digital revolution is still at an early stage accounting for just 3% of total print and printed packaging market. As the largest independent printhead supplier, Xaar continues to lead the major disruptors in piezoelectric drop-on-demand printing. Specifically higher productivity in ceramics and 3D printing, longer life in printed electronics, environmentally friendly water-based jetting and flexibility in direct-to-shape. Based on capital employed of £278m in 2018 and pre-tax cash ROCE of 14%, we forecast a 12-month target market cap of £435m, equivalent to 556p per share. BUY.

The growth strategy is focused on the design and manufacture of a broad portfolio of printheads which through improved economics and quality continue to convert multiple end-use markets to digital. This strategy is enhanced by a partnership model where Xaar uses the production and design capacity of its partners to distribute additional products under its brand.

We are forecasting CAGR of 18% for revenue over the 2016-2020 period based on strong growth in several end-use markets including flat panel displays, textiles, direct-to-shape and graphic arts. Unlike in 2013, Xaar is no longer reliant on one product (Xaar 1001 family) in a single end-use use market (Ceramics decorating) to deliver exceptional growth.

Xaar is also judiciously using its brand to capitalise on the innovation and manufacturing capacity of its competitors like Ricoh and Xerox. Through exclusive distribution agreements, it is leveraging its assets without risking capital.

Our forecasts assume no contribution from Xaar’s High Speed Sintering technology given that this is still in the pre-commercial phase. However, this is a significant potential source of upside risk given its superior productivity over other printheads.

The growth ambitions are supported by a strong balance sheet with a net cash estimate of £43m at end-2017. Our forecast assumes no acquisitions and net cash rising to £78m by end-2020."

[lancasterbomber] 12/10/2017 11:27

Not so slow this morning!!

[farmergeorge] 12/10/2017 10:53

A slow continuing creeping resurgence in Xaar's share price Not before time.