Xaar Share Discussion Threads

[fanny smacker] 26/9/2019 10:12

Some big II is seeing value here

double market cap.

cash 21.6m + 30m from Stratys.

[marmar80] 26/9/2019 10:09

Hate to say but must be some institution or bigger holder reducing today.

[fanny smacker] 26/9/2019 09:59

A small position here. £4K worth in the lows. I will be happy with 50p in a week's time.

Making use of some money.

[fanny smacker] 26/9/2019 09:57

21,6m cash + £30m stratys

and mcap £31.2







Xaar PLC Proposed investment by Stratasys in Xaar 3D
12/09/2019 7:00am
UK Regulatory (RNS & others)

Xaar (LSE:XAR)
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TIDMXAR

RNS Number : 0429M

Xaar PLC

12 September 2019

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014

Xaar plc

Proposed increase of investment by Stratasys in Xaar 3D with an option for Stratasys to acquire the whole of Xaar 3D within 3 years

Xaar plc ("Xaar") is pleased to announce a significant strategic development for Xaar 3D Limited ("Xaar 3D"), its 3D Printer business. Xaar has entered into an agreement with Stratasys, Ltd. ("Stratasys"), its partner in Xaar 3D, to:

- sell 20% of Xaar's holding in Xaar 3D to Stratasys for US$10 million; and
- issue Stratasys a call option to acquire the remaining 55% of Xaar 3D not held by Stratasys for at least US$33 million, which is exercisable over three years (together, the "Proposed Transaction").

The Proposed Transaction creates a strong strategic partnership for the development and growth of Xaar 3D and unlocks value for Xaar's shareholders.

[amt] 26/9/2019 09:45

If they ceased trading and wound the whole thing up after costs of say 10m to do that they would probably realise 50m then add in Stratys 30m and that's more than double its market cap.

[fanny smacker] 26/9/2019 09:44

anyone taking some?

Looks like a few buyers coming in.

MMS tested stop losses by the looks of it.

[fanny smacker] 26/9/2019 09:36

I took a few now. would be nice to sell at 50p.

[marmar80] 26/9/2019 09:29

Stratys as a main shareholder can do whatever they want now. They can even vote against own proposal leaving company with no cash to come and share plummeting. Then they can buy them for a half price.

[amt] 26/9/2019 09:27

Surely a bid will come in now. Going forward a year or two a 45m to 50m annual business making 5 or 10m annual profit and probably 30m plus to come from Stratys must be worth more than 30m. Add in cash of 20m and no borrowings its a bargain.

[bookbroker] 26/9/2019 09:11

Correction - do not exercise the option, just buy the company!

[bookbroker] 26/9/2019 09:10

Stratasys might as well buy the whole company, and pocket the cash now, cheaper for them to exercise that option immediately and keep the change!

[bookbroker] 26/9/2019 09:08

Incredible to think Edwards has taken this company to £12 a share when he arrived in 2014 or whenever, and ended up back at less than 45p and 2008. Talk about walking backwards, clearly a man with little idea about anything other than sitting back, watching the day clock tick to earn himself another two grand, and repeating the exercise for 1500 days+, a thoughtless moron would about sum him up, absorbing every last drop from this company to align his own bank balance!

[bookbroker] 26/9/2019 08:45

No wonder Eastman Kodak were glad to see the back of him! He is a friggin disgrace, shame on him!

[bookbroker] 26/9/2019 08:45

Edwards should be shot!

[slicethepie] 26/9/2019 08:44

Perversely it is normally Americans that buy our good tech companies, in this case it is Americans that have destroyed it or maybe served it up on a plate!

[bookbroker] 26/9/2019 08:43

Someone tell me where that gap from 2008 was on the daily, 36p was the nadir!

[slicethepie] 26/9/2019 08:42

Suspect that is the only solution, the share register is full of institutions that fell for this story much much higher up. They are now trapped in a small company and will take any offer to get them out.

[marmar80] 26/9/2019 08:42

Wonder how much of this cash will be left after all the redundancy costs.

[bookbroker] 26/9/2019 08:41

No point selling at this level quite honestly!

[bookbroker] 26/9/2019 08:40

Gotta be a sitter for someone to mop up a company with a load of cash and a viable business proposition, valued now at the remaining print business minus 3D and all that cash!

[zoro9791] 26/9/2019 07:31

Five years late....

[slicethepie] 26/9/2019 07:27

Talk about rats leaving a sinking ship, 4 departures ceo,cfo, chairman, senior Ned.