Xaar Share Discussion Threads

[darrin1471] 02/12/2023 11:32

If there had not been better opportunities elsewhere, I would of probably of bought below 170 for a 20% bounce or for a multi year holding.
This weeks trading update is a shocking turn around in the 2024 prospects. Progressive research have cut their 2024 full year PBT from 4.2m to 0.4m.
It's a must read for any small investor or anybody looking at XAAR:


With little prospect of a turn around in outlook for 6 months, then some holders are likely to sell and who is going to buy at the current price. XAAR may become a target of short sellers given its high valuation.

I still like the medium/long term XAAR story but now expect to see a better entry point in the future.
I hold no long or short position in XAR

[ny boy] 29/11/2023 09:51

Shocking profits warning and the obvious trap door moment I nearly bought back in January, got lucky really, so many what looked like solid mid caps are starting to get hammered.

Stagnation/recession next year, I will start shorting market after his Santa rally is over, it’s definitely going to be a challenging year imo

[dimpkins] 29/11/2023 09:31

simmsc that's what I was alluding too, the stock is offered cheaper by market makers but it looks like someone has set up an algorithm to take the book at the offer price in small numbers, I can only think it is to keep the price high but its all guess work.

[dimpkins] 29/11/2023 08:49

Cash burn high as well, something felt wrong and still feels wrong

[napoleon 14th] 29/11/2023 08:14

Sold remainder of reduced stake.
IMO management are good & rescued XAR, but new products haven't sold as well as hoped.
P/E ratio extravagant for a business that finds headway so tough and disappoints.
Paid 74.5p in July 2020, so WTF?!

[dimpkins] 18/10/2023 19:53

Feels like someone wants to keep this price up, small trades at the un-crossing at 180 strange?

[napoleon 14th] 10/10/2023 10:05

All depends on the new aqueous head's success. These have only just hit the market.

They've reorganised well, reorganised their R&D efforts to target that market, cutting that spending and kept a stable financial control so there's no risk of fundraise; just wait and see what the sales come to.
That said, I bought a chunk at c.80p & reduced by a third in May '22 to get my money back - now on a free ride.

In view of the experience of the board in this sector, I'm optimistic about the prospects, tho' we've yet to have firm data/proof os success.

[amt] 21/9/2023 14:46

Results seem to get worse each time despite all the promises

[ayl30] 19/9/2023 07:49

Rns today sounds positive at least. All to play for in next 6 months

[volsung] 07/9/2023 14:55

Bought a few more
This is due a wee rise

[tratante] 23/8/2023 14:56

Norges Bank taken a 3% stake - no previous holding.

[hibberts] 23/8/2023 08:30

New partnership.

[northwards] 03/8/2023 07:56

Reassuring update; and potential for upgrades heading forwards.

[scarboro] 01/8/2023 08:42

Who bought and why it not shown up on volume data

[darrin1471] 01/8/2023 08:28

Schroders notified on Friday after the close that they had reduced by 3% to 24.9%. They may sell more in higher volumes at the next trading update.
Schroders also surprised by reducing in another one of my shares in the last fortnight where they had been adding only a few months earlier

[northwards] 21/7/2023 21:26

Reckon next week now.

[eeza] 16/7/2023 09:00

14 July last year.

[northwards] 16/7/2023 08:53

Should be due a trading update very soon.

[napoleon 14th] 15/7/2023 17:14

P/E is very high & its' future depends on how well their new products gain traction.
IMO they're on the right track. Sold some recently at a pretty profit
as share price requires hard proof of delivery, but kept the majority.

[farmergeorge] 05/7/2023 15:59

Is the P/E currently not 84?

[bigbigdave] 05/7/2023 09:54

Xaar PLC

05 July 2023

5 July 2023

Xaar plc

Commercial partnership with Quantica

Xaar plc ("Xaar" or "the Group"), the leading inkjet printing technology group, and Quantica GmbH ("Quantica"), the multi-material 3D printing firm, have signed an exclusive commercial partnership to manufacture Quantica's NovoJet printheads, enabling ultra high viscosity printing for 2D and 3D printing applications. This partnership combines Xaar's expertise in inkjet printhead manufacturing with Quantica's ultra high viscosity printhead technology.

Manufacturing will take place at Xaar's high-tech facility in Huntingdon, with both companies expecting the initial NovoJet printheads to be shipping in Quantica's first 3D printers from the end of 2023.

The agreement also gives Xaar commercial access to Quantica's IP in the jetting of highly viscous materials at up to 400cP at jetting temperature. This will complement Xaar's existing printheads and ImagineX technology portfolio which already enable jetting up to 100cP - far beyond other printheads available today.

Xaar will now offer the widest capability in printing high-performance materials to its OEM customers, meeting the opportunities for advanced manufacturing applications across electronics, display, industrial coating, adhesive and life-science sectors.

Founded in 2018 in Berlin, Quantica has dedicated its research and development efforts to both the novel NovoJet printhead technology and advanced multi-material 3D printers. By partnering with Xaar, a leader in inkjet printhead manufacturing, Quantica will further focus on the development of its 3D printing systems for applications in dental, medical, electronics, R&D, and more.

Graham Tweedale, Xaar's Chief Operation Officer, said:

"As we continue to accelerate our strategy the combination of our existing ImagineX technologies with the capability offered by Quantica's IP will ensure Xaar offers the widest range of solutions in jetting highly viscous materials."

Ramon Borrell, Chief Technology Officer for Quantica, said :

"Xaar is widely recognised for the quality of its printheads, and this agreement enables us to focus on delivering the roadmap of innovative NovoJet 3D printers for high performance multi-material parts with full confidence the printheads will deliver for our customers and partners."

[volsung] 02/5/2023 11:22

Time for me to top up on these

[northwards] 24/4/2023 08:58

Bought a few this am. Not showing yet.