Xaar Share Discussion Threads

[cyberbub] 01/6/2020 16:37

Nice close - have we broken out again into a run for 80-100p??NAI?

[cyberbub] 21/5/2020 22:55

By the way if anyone is interested in a tip, you could do worse than look at EML. Seriously undervalued on all timescales IMO. Excellent management who haven't put a foot wrong, so far. DYOR of course!! I hold EML.

[cyberbub] 21/5/2020 22:51

...or there was the mysterious Russian HNW (who never bothered making any holdings declarations, like most foreign based large PIs) who sold his holding in AAZ over many months, taking it down from 80p to below 4p... When he was finally out the share price went on a 3-year run to almost 200p - a 50-bagger!!Regrettably, unlike with Cape, I made a serious screw up of my investment in AAZ :-(

[bones] 21/5/2020 22:47

Cyberbub, thanks! Good story.... also your last sentence explains why they get away with such average to poor performance. The ultimate customers are not aware and the industry can live with mediocrity for a decent fee.

[cyberbub] 21/5/2020 22:40

Bones great to see you in here.The craziest example I remember of what you describe is when Aviva started selling down a large holding in Cape, a large profitable engineering company, in the crash 11 years ago. The share price went from 300p all the way down to 17p - yes a 95% drop - in less than a month. I was lucky enough to get in with a leveraged trade almost at the very bottom, and rode it up to 90p-odd - I still regret selling out, as within a few months it had hit 500p!! Amazing to see what big instis do sometimes - we assume they know what they're doing but very often they don't, or are desperate... Just like PIs really!! The instis obviously rely on most of their customers/pensioners etc having no clue about their egregious mistakes!!

[dangersimpson2] 21/5/2020 21:13

Lombard Odier just sold most of their OPM holding to the bidco arm of Wellesley Finance which surely they wouldn't have done unless they were desperate. Reckon they must be facing redemptions or similar and are selling out at any price in a lot of stuff.

Hopefully will see a spike up when they are out.

[meijiman] 21/5/2020 20:50

Yes do the opposite to LO and you will make money!

[bones] 21/5/2020 20:22

Ah, Lombard Odier Asset Management, the same shower that sold in tranches the whole of a 15% holding in VRS in 2017 around 14p. Once out, the share never stopped for breath on its way to 90p six months later, and then doubled again by which time it had become a PI darling stock. However, when LO sold out, hardly anyone was involved!

I don’t know what possesses these funds. Another one of my illiquid holdings (AOR) was depressed last year because Miton Fund were selling a 9% interest at 40-50p. Now 90p and should be an awful lot higher. Point is, once these funds eject their overhang holdings, the share price often goes on a jet-fuelled tear.

I am quite recent to XAR (in at 47p last month) but I am very heartened by this LO disposal given their track record for signalling the bottom!

[cyberbub] 15/5/2020 18:09

Another 1.5M dump at 59.50p. I would say that it was the rest of LO's holding but it's a bit more than they still held after yesterday's RNS?

[brucie5] 15/5/2020 12:36

But clearly matched by buys. This did not appear to blink for one moment. A great situation, potentially, if they can continue to redevelop the business.

[cyberbub] 15/5/2020 11:51

That must be the volume spike yesterday... So those big trades were sells in the end...

[brucie5] 15/5/2020 11:49

LO has sold down from 5-1%. I'm never quite sure if this is good or bad news (!). Anyone enlighten me how long they've been reducing, or is this first time?

[professor x] 15/5/2020 10:12

I did exactly the same Brucie5. I then drew up a 5 year chart and realised how significantly positive the indicators now are.

[brucie5] 15/5/2020 09:10

My finger hovered yesterday above the sell button, to take profit on half my holdings... and then I reacquainted myself with the chart. If anyone can see a better, can you please let me know. By which I mean, not a COVID stock, so called, but a chart which has been in secular decline for five years, hit an absolute low, and now showing a reversal over the 200, confirmed by large II holding and director buying.

I think I may be holding for some time.

[cyberbub] 14/5/2020 15:15

I think the 250123/250000 trade is a rollover.Likely also the 1.1M/800k trade (with the holder reducing their exposure a little at the same time). Or maybe it could be a spread betting company's position.The rest of the trades at 59.50p seem to be genuine trades IMO.

[cyberbub] 14/5/2020 12:21

Big trades all going through at 59.50p. Not clear whether they're buys or sells, but there must be a large offsetting trade due to be printed later, which should shed some light on it?NAI etc

[meijiman] 13/5/2020 09:41

Had a cheeky top up yesterday..potential value uplift story is pretty compelling.

[wiloughby2] 13/5/2020 08:38

The scheduled half year update last year was on July 8th - but who knows in the present malaise.

[meijiman] 12/5/2020 20:25

When are H1 results?

[zocca] 12/5/2020 16:55

H1 results will be great! I know the company very well.

[marmar80] 12/5/2020 15:39

I'll wait for my breakeven then

[zocca] 12/5/2020 15:38

This should get easily to 180

[marmar80] 12/5/2020 15:27

Asked cause my average is 110. Missed the lows totally.

[garth] 12/5/2020 14:26

marmar80,

Really hard to tell. The share price has shown consideable strength, but nothing goes up in a straight line (unless covid is in the RNS!). The market has come to recognise that the current price is below cash + core assets. It can keep going on that alone to 80p, IMO. But as long term holders will tell you (I am not one - I have only held since March, although I did hold briefly many years ago) there is a viable business in here which shareholdets will be hoping that new leadership can return to its previous glory.

I expect that we will look back at this price as the beginings of the foothills. As another poster has said - its a long steady climb back up the mountain that was the levels this British technology company used to trade at.

I have bought to hold.

DYOR. Opinion, not advice.

G.