Xaar Share Discussion Threads

[thomasearnshaw] 19/1/2021 14:08

3.15pm: Xaar tumbles as it reveals flat revenues

Big losses

Cash burn- lost huge amount £50.2m in first half



Nasty

They don’t say return to profit in medium term, no more

You can of course hold on for a few more years of losses, depending on you investmant approach.

Flat sales

Plus now 4m quid now gone missing huh
Freaking awful

Profit warnings come in 3s
No wonder it’s crashing
😢

[thomasearnshaw] 19/1/2021 14:07

Folks

80p coming

Game on

[farmergeorge] 19/1/2021 13:22

Agreed, buying opportunities for long term holders.

[grahamnash] 19/1/2021 13:19

FWIW: I think the update has left a bit of a news vacuum. Market was expecting something more concrete and without it has got the jitters. XAR has loads of potential and first bit of good news will send it back up.

[leewain] 19/1/2021 13:06

Near to the first price I predicted. Loads more to come off this

[leewain] 19/1/2021 12:54

Just as predicted.

[leewain] 19/1/2021 12:52

Down it goes

[leewain] 19/1/2021 12:51

Hi Cliff how are you? Hehe

[farmergeorge] 19/1/2021 11:53

This is looking like it's stabilised...

[middlesboroughfc] 19/1/2021 11:03

This is looking shaky like its about to tank

[qvg] 19/1/2021 09:07

leewain, if you read the 2020 Interim report you would see the explanation of the revenue drop. They have discontinued operations which had revenue of 1,386k in H1 19, but only 28k in H1 20

[amt] 19/1/2021 03:59

TE filtered for cluttering up board with endless hysteria. Suggest everyone else do the same to stop people spoiling sensible discussion whether positive or negative with such rubbish.

[farmergeorge] 18/1/2021 22:39

True. Will refrain.

[farmergeorge] 18/1/2021 21:58

Why do you repeat this TE - do have a stutter?

[thomasearnshaw] 18/1/2021 21:54

Will plunge

[garth] 18/1/2021 21:24

Revenue dipped £2.8m - in the year we have just had with Covid, while new management also realigned and refocused the business. That's a decent performance.

Medium term the share price will take care of itself. Short term direction is for better or worse at the mercy of US markets in the second half of this week, IMO. I don't expect markets will trade sideways!

G.

[leewain] 18/1/2021 21:20

For the year, revenue was around GBP48 million, a 2.8% dip from GBP49.4 million the year before. Pay attention to the small detail, revenue is DOWN!

[thomasearnshaw] 18/1/2021 21:05

Gap to 80p to be filled on chart and “continued covid delays” in statement will mean it goes there , imho

😢

[davidlloyd] 18/1/2021 20:52

QVG-agree- it almost seems to be deliberately misleading- begging the question "why?" And "under what true agenda is the writer of the inaccurate headline actually operating?"
Not at all impressed but sadly not surprised in these 'fake news' times.....
Are they accountable to anyone?
DL

[thomasearnshaw] 18/1/2021 20:42

3.15pm: Xaar tumbles as it reveals flat revenues

Big losses

Cash burn- lost huge amount £50.2m in first half



Nasty

They don’t say return to profit in medium term, no more

You can of course hold on for a few more years of losses, depending on you investmant approach.

Flat sales

Plus now 4m quid now gone missing huh
Freaking awful

Profit warnings come in 3s
No wonder it’s crashing
😢

[qvg] 18/1/2021 20:35

"Xaar Expects Revenue Decline As Pandemic Weighs On Performance Source: Alliance News" what a misleading headline! Full text below, no mention of pandemic causing decline!

(Alliance News) - Xaar PLC said Thursday that its trading performance for 2020 was in line with management expectations, leading to confidence in future growth and a return to profitability.

For the year, revenue was around GBP48 million, a 2.8% dip from GBP49.4 million the year before. The inkjet printing technology firm's Printhead business performed well, with a rise in new customers and the successful rollout of the ImagineX platform.

In addition, the group said it is making progress with product development and testing in Xaar 3D, despite continued delays related to Covid-19.

Looking ahead, Xaar said that despite the recent national lockdown, the company has maintained its operational performance, with the order book remaining strong with a positive pipeline despite Covid-19 remaining a key risk.

"We are very pleased with performance for the year which is a testament to the efforts of the team in extraordinary circumstances. We are one year into delivering our strategy and it is clearly having a positive impact, notably as existing customers continue to engage, and we are winning new business. We remain excited by the future and will remain disciplined in delivering long-term sustainable growth," said Chief Executive Officer John Mills.

Shares in Xaar were down 8.5% at 149.55 pence on Thursday in London.

By Dayo Laniyan; [e-mail]

Copyright 2021 Alliance News Limited. All Rights Reserved

[farmergeorge] 18/1/2021 16:51

How much down then and who's figure? Which downward momentum?