Xeros Technology Share Discussion Threads

[cyberbub] 21/9/2018 20:27

Christ there's been some shameless ramping on here today!


This company seems to have interesting technology (validated by a number of firm commercial deals) and a massive potential market, *if* they can successfully commercialise it.

But the sorry truth is that it's losing money hand over fist at present, and has stated that it needs more cash soon (VERY soon, given that their cash balance must be below £5M and are spending about £2m a month, even though they say this is now dropping).

The news today about Mexico, while very positive in terms of validating the tech, doesn't say anything about its revenue potential... and 250k hides per year doesn't seem like a massive operation to me... so it's hard to see why the share price is up 60%.

I'm of the opinion that this is the 'pump and short' typical of AIM stocks before a placing. Spivs taking part in a placing needs a guaranteed profit; those 'in the know' are aware that a likely price for a placing is about 50p say, so they pump it to 70p, then short the sh*t out of it, and make a guaranteed 70 / 50 = 40% profit when the placing arrives. Easy money - happens all the time.

FWIW I think there will be a placing next week at about 50p, for about £10M. If their huge fixed costs are falling and revenue rising, then that should see them through another year, and possibly close to breakeven? They will probably need more cash again, but if they are approaching breakeven then I would think they could raise it at a much higher price.

Meanwhile, one concern I have is about their deal in China. I despise Trump, but he does have a point about the Chinese stealing IP on a massive scale - do we think that's a danger for XSG?

Just my view of course, I haven't got a crystal ball, no advice intended.

[letmepass] 21/9/2018 17:23

Looks like a clueless OAP toyin.. No idea what is going on

[miahkaysor] 21/9/2018 16:21

So far very strong finish!!! bodes well for monday spike to get us pass £1!!!!



nai.dyor etc

[letmepass] 21/9/2018 15:48

On a yacht in the Greek Islands. Lost track of days.

[babbler] 21/9/2018 15:28

Lol standard copy and paste if ramping talk... Before checking the day.

[letmepass] 21/9/2018 15:01

Buys flooding in again. Over 100p tomorrow

[hatfullofsky] 21/9/2018 14:03

You can't short this on IG, that should tell you something

Big over-reaction to this news with a fund raise very soon

[letmepass] 21/9/2018 13:47

Ninja. In out in out

[miahkaysor] 21/9/2018 13:37

Back to 80p in the afternoon trade!!!!Nai.dyor

[letmepass] 21/9/2018 12:55

Can see this back in the 40s soon enough

[bryall2] 21/9/2018 12:39

Yep, gone through £20 million on the cash balance in six months. Al. You will find this information in the Half Yearly report issued in September. Al.

[bryall2] 21/9/2018 12:37

Yep, gone through £20 million on the cash balance in six months. Al.

[mrfixituk] 21/9/2018 12:35

I agree that this could be a spike not to get caught on. Numbers need to be revealed. When the price goes above the 200 day moving average it might be wiser. The 200dma should be rising or flat.

[billthebank] 21/9/2018 12:18

Thanx toyin

[sspurt] 21/9/2018 12:03

Toyin - correct but the upside is they may have to come out with some numbers and forecasts

[toyin] 21/9/2018 12:01

Guys just be careful, XSG will need money soon, and lots of it! This is the perfect time to do a discounted placing. They can only have £5m left at best so after todays news it's primed and ready.

[dave4545] 21/9/2018 11:41

Yes nothing against xsg, whatever the biggest % riser is the same posters arrive for a fast buck

Leave it at that

[billthebank] 21/9/2018 11:39

Actually Dave that is very true!!! but have to say this is a very interesting company Its share has crashed from £3 and it is a 10 year contract and they reckon there are more to come!!! I think they have a round £10M but may need more liquidity if they get more contracts. Worth watching if nothing else for now but do you know what this could hit 100 today. I need to do some research first, Any long termers on here with a heads up?

[dave4545] 21/9/2018 11:38

yawn yawn same old bull, guess you will never change.

I think of all the stocks you arrive on with the same price targets and then look at the prices now and I'd say 98% of them are substantially lower

Just looking at your previous pump TOOP, down around 70% since you were all over the thread !

[letmepass] 21/9/2018 11:34

You need to buy first Dave and when it hits 300p I might sell

[dave4545] 21/9/2018 11:33

letmepass arrives = sell signal

:-))