Xeros Technology Share Discussion Threads

[thecashmoney] 19/11/2019 23:04

Bit of volume here and short squeeze will be on. Gap on chart to 5p with broker target of 4p. Under cash

[alexios1201] 19/11/2019 19:03

So jog on and praise the lord in your loved one and don't waste your precious time here

[tdog1975] 19/11/2019 18:17

Lost a grand on this bunch - will prob do the same as the times it works out out way times like these

[jungmana] 19/11/2019 16:09

Finncap do agree with my 4p;finnCap today initiates coverage of Xeros Technology Group Plc (LON:XSG) with a corporate investment rating and price target of 4p.

[zen12] 19/11/2019 15:42

https://www.sharesmagazine.co.uk/news/market/6655608/Broker-Forecast-finnCap-issues-a-broker-note-on-Xeros-Technology-Group-Plc

[jungmana] 19/11/2019 14:49

Once good cash starts to be generated from these deals , We will be many multiples of todays market cap imo. "The Group has signed multiple agreements to develop and license its XDrum(TM) and XOrb(TM) products in major commercial and domestic markets."Fully diluted today market cap is about GBP 8m with cash of about GBP 7m.Market cap just 4 months back was about GBP 25m

[jungmana] 19/11/2019 14:37

Definitely a good buy at this level. Reason I bought 800k today

[babbler] 19/11/2019 14:32

Especially now below 1p

[mcrudden] 19/11/2019 14:30

There definitely Have been some gifts over the last month and can see this becoming one of those as well.

[babbler] 19/11/2019 14:21

Well some are selling below 1p again... They never learn.

[mcrudden] 19/11/2019 14:16

I'll take 4p this was trading at 5p less than a month ago. Took some this morning lovely.

[babbler] 19/11/2019 14:00

So only 4x current price then? I'd leave it... ;D

[jungmana] 19/11/2019 13:49

Imo fair value should be about 4p right now. Fully diluted about 800m shares in issue now.Cash in hand about GBP 7m.All we need is further reduction in cash burn and start to generate revenue from the many deals signed

[babbler] 19/11/2019 13:48

70 percent reduction not good enough?

[jungmana] 19/11/2019 13:45

Don't get me wrong this is a company with huge potential. Am one of those sitting a a loss here having bought about 8p and averaged down today.Yes right now is cheap based on cash and value of the company. But the cash burn needs to be reduced further over next one year.

[alexios1201] 19/11/2019 13:37

So you haven't the read the notice if you say it's 1mIt is 600k/month

[jungmana] 19/11/2019 13:34

Time will tell. Fyi I hold some here but the cash burn is just too much

[alexios1201] 19/11/2019 13:32

Read the gm notice fella and spot spouting rubbishMonthly burn is reduced by 72%

[babbler] 19/11/2019 13:31

Yeah in april... A looooong way off. 9 don't hold any.

[jungmana] 19/11/2019 13:11

The funds will only last up to august/september next year. This company spends $1m/ month.
Expect another fund raise in 7 months time

[pre] 19/11/2019 13:08

used to be £3 per share..i got this wrong as circular issued...II's in.

[profit7] 19/11/2019 12:50

Dave4545
Do you have twitter
I'll screenshot my holdings pal.

[profit7] 19/11/2019 12:49

surprised no-one else has posted info on COFRA, the guys behind the entrepreneurs fund who have been so instrumental in the recap of this business.
note that their heritage is in clothing manufacture and retail. that has to be encouraging given the xeros technology exposure to denim and garment dying / manufacture.
i think i can state an obvious fact here: there's a lot of justifiable loathing and cynicism towards this stock after the brutal dilution we've all experienced. however, the technology is what it is. I suspect that this stock will surprise to the upside in both the short and the longer term with industry backers like COFRA....