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XAR Xaar Plc

109.00
-3.00 (-2.68%)
18 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Xaar Plc LSE:XAR London Ordinary Share GB0001570810 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.00 -2.68% 109.00 107.00 111.00 110.00 108.00 110.00 24,379 16:35:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Printing, Nec 72.78M 1.63M 0.0208 51.92 84.87M
Xaar Plc is listed in the Commercial Printing sector of the London Stock Exchange with ticker XAR. The last closing price for Xaar was 112p. Over the last year, Xaar shares have traded in a share price range of 90.60p to 212.00p.

Xaar currently has 78,585,642 shares in issue. The market capitalisation of Xaar is £84.87 million. Xaar has a price to earnings ratio (PE ratio) of 51.92.

Xaar Share Discussion Threads

Showing 4826 to 4848 of 6125 messages
Chat Pages: Latest  197  196  195  194  193  192  191  190  189  188  187  186  Older
DateSubjectAuthorDiscuss
11/5/2020
15:02
Yes I'm quite annoyed to have missed it in the 20s... Never mind!
cyberbub
11/5/2020
14:52
Xaar PLC was one of Investor's Chronicle's Bargain Shares for 2020 as published in February. Tipped then at 39.5p.
jimtech
11/5/2020
14:34
Yes a good summary of the excellent value on offer here... And the 88p book value ignores the value of the actual operating company and brand itself!!The only significant thing they've done wrong IMO is agree to a $10M cap on the future profits of the 3D business if sold.
cyberbub
11/5/2020
12:55
Further up the article, he also says the following (which is, of course, crucial to the value case)...

There is hidden value in the group’s balance sheet, too. That’s because Xaar holds a 55 per cent stake in Xaar 3D, the cutting-edge 3D printing business it developed. Stratasys, a leading 3D printing company, owns the balance, having paid Xaar $10m (£8m) last autumn to purchase a further 20 per cent equity stake. Stratasys has a call option (expiring in December 2022) to buy out the rest of Xaar’s shareholding for $33m (£26.6m). Xaar 3D has net assets of £15m, of which £9.3m is included in Xaar’s equity shareholder funds of £63.9m (88.5p a share).

In other words, there is potential for Xaar to create £17.3m (24p a share) of additional value for shareholders assuming Stratasys exercises its call option. I wouldn’t bet against it. And if it does Xaar will also be entitled to 2 per cent of Xaar 3D’s revenue for a period of 15 years, capped at $10m.

value hound
11/5/2020
12:37
here's the last para

The bottom line is that, at 55p, Xaar’s market capitalisation of £43m is more than 80 per cent backed by £25.3m net cash and the £9.7m carrying value of the Xaar 3D stake, so you are getting a free ride on a chunk of inventories and property assets (worth over £30m), and a valuable option on Xaar 3D being bought out at £26.6m. As operating losses narrow, and more investors become aware of Xaar’s recovery potential, the 38 per cent share price discount to book value of 88.5p should narrow markedly. Buy.

spob
11/5/2020
12:26
Can you post what he said I don't subscribe
my retirement fund
11/5/2020
11:23
Yep, a long overdue ST update, no new news really just emphasises the value on offer given the Significant discount to a book value of 88p
rimau1
11/5/2020
11:08
Oh bother. The ideal time to top up with break outs like this is not on the spike, but the retrace. That's just muddied the waters!
It's a great story, though. And a chart that was bottoming before COVID caused it to crash to what was left of the mountain, now in reversal.

brucie5
11/5/2020
11:03
Just been tipped
x54v
11/5/2020
07:23
Well, that was fairly decisive. On towards 60p then. Going to get interesting if the FTSE pushes up through 6100/6200 this week.

:0)

G.

Edit - or maybe less decisive, LOL.

garth
09/5/2020
13:59
Correct! This will fly soon!
zocca
07/5/2020
12:31
Keeps knocking on 55p...And I am still of the view that they are a gift at that price. There is so much value for management to unlock here. G.
garth
07/5/2020
09:36
No probs. Plus they said abandoning the Thin Film will save them £8M p.a. going forward.DYOR of course
cyberbub
07/5/2020
09:06
thanks for that info
smithie6
07/5/2020
08:28
Smithie, Xar's remaining share of 3D is worth $33M as per an option agreement - which is subject to Xar's approval if the option holder says they want to buy (so they could potentially ask for more).Plus they have £Ms of inventory on their books to unwind.Plus they have their advanced Thin Film IP which they have spent millions on, they decided they couldn't afford to develop it further but say they're looking for a partner to licence the technology...could be a substantial income stream, or an outright sale (probably £50M+) in future.
cyberbub
07/5/2020
06:49
But then it also has other assets... Including the 3D joint venture ;0)

DYOR.

G.

garth
07/5/2020
06:47
Smithie,

ADVFN say 78m shares, Finals said £25m net cash.

So just about 32p per share in cash.

Back of a postage stamp.

G.

garth
07/5/2020
06:41
this company has nett cash ?

anyone know how much cash it has per share ?

smithie6
06/5/2020
13:38
i like XAR. Now back at the head of the SIPP
volsung
06/5/2020
13:36
Free research available here (for a time) N+Singer notes etc.
davebowler
06/5/2020
13:34
Amazing that at one time the share price was 20 times higher than current 55p.I dont imagine it will get back to those heights but 1.20 would perhaps be a fair value.
amt
06/5/2020
12:01
Are there any broker notes anywhere? Believe N+1 Singer are one of the brokers..think there is another. Maybe Zeus of Jefferies?
The share price has great potential IMO if management can get on top of the main issues and plot a profitable road ahead.

meijiman
06/5/2020
11:50
That is a very good question
my retirement fund
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