Xeros Technology Share Discussion Threads

[kcowe] 21/11/2019 12:49

an intra day pennant is forming , apex us at 2.30pm this afternoon,, should break to the upside ...

[harry tp] 21/11/2019 12:46

They have been collecting shares since the spike this morning,i predict this will move above the days high before close today.And think there will be another holdings update too which could throw light on the coming T/O.

[costax1654x] 21/11/2019 12:43

Nfx probably the bagger from today

[sapper2476] 21/11/2019 12:27

I do like quiet board..

[harry tp] 21/11/2019 12:09

This will move to 1.6p again before long - the T/O will be at far higher than current share price and could be many many times higher.The tech they have is in demand and thus may invoke a bidding war once the first offer comes in.

A chance of 10p here on a buyout IMHO

[jungmana] 21/11/2019 11:53

Another one signed 7 months back;26 April 2019Xeros Technology Group plcDomestic and Commercial Laundry agreement secured with leading Indian OEMXeros Technology Group plc (AIM: XSG, 'Xeros', 'the Group'), the developer and provider of water saving technologies with multiple commercial applications, has today signed an exclusive agreement to develop and license the Group's domestic and commercial washing machine technologies to IFB Industries Limited ('IFB'). IFB is the leading domestic appliance and commercial laundry equipment supplier in South Asia and is listed on the National Stock Exchange of India.The Development and Licensing Agreement has a 10 year duration and covers the incorporation and commercialisation of Xeros' water saving XOrb(TM) and XDrum(TM) technologies into selected ranges of IFB's domestic and commercial sized washing machines.Xeros will receive immediately a one-off exclusivity fee and during the development phase further payments when various milestones are reached. IFB will have access to Xeros' technology and has been granted rights to the Indian market on an exclusive basis and for other South Asian territories on a non-exclusive basis. The contract has the provision to add additional territories on a non-exclusive basis.Xeros will also receive royalties based upon sales revenues after the machines have completed development.Sales of commercial washing machines and domestic washing machines incorporating Xeros' technologies are planned to commence in India in 2020 and 2021 respectively.

[jungmana] 21/11/2019 11:41

Here is one such contract;06 September 2019Xeros Technology Group plcLicensing agreement with leading Asian OEM for denim finishing equipmentXeros Technology Group plc (AIM: XSG, 'Xeros', 'the Group'), the developer and provider of water saving and filtration technologies with multiple commercial and domestic applications, has signed a binding Heads of Terms agreement ('agreement') with Ramsons Garment Finishing Equipment PVT Ltd ('Ramsons').Under the agreement, Ramsons will develop, manufacture and sell garment finishing equipment used in the manufacture of denim jeans which incorporates Xeros' technology on an exclusive basis across South Asia and Africa.Ramsons is the largest supplier of garment finishing equipment in South Asia. It has four production facilities and 15 service centres across six countries.The scope of the agreement is to integrate Xeros' XOrb(TM) and XDrum(TM) products across Ramsons' range of denim processing machines which are produced at drum sizes from 500 litres to 5,000 litres.About 1.2 billion pairs of jeans are manufactured globally every year, each consuming between 40 and 70 litres of water in the finishing stages of their production. The agreement also has potential to incorporate Xeros' XFiltra(TM) technology, which is being scaled up for use in industrial sized machines.Xeros expects to finalise a commercial agreement with Ramsons in Q4 2019 with garment finishing equipment which incorporates Xeros' technology to be available in the market by the end of Q1 2020.

[jungmana] 21/11/2019 11:38

Woodford basically were the main backers here over last 3 years through the expensive research and development phase. They held about 30% of shares until their problems and had to sell down in the summer. Now holding just under 4% in their trust fund.Other institutions such as the enterprise fund, ip group , connacord etc have moved in seeing the opportunity that lays ahead here. Saving water in industrial and commercial usage is a tech that is important for the future.Xsg has huge potential hence recently signed deals with big industrial water users in India and China.

[amaretto1] 21/11/2019 11:29

When Woodford invested... what state and value was the company in ?

[billthebank] 21/11/2019 11:22

You might regret those EUA sales.Lots lots lots more to come there.Good luck though!!

[jeffery060] 21/11/2019 11:04

Yup. Also sold EUA and bought in here

[harry tp] 21/11/2019 11:02

Very nice set up on this now,interesting the TR1 yesterday just below the 30% threshold where mandatory offer has to be made.Happy to hold for a T/O :-)

O/T Anyone see those two huge buys at WRES just been published (nearly £90k) could be some big news on the way.CEO at a 121 mining conference today so timing is interesting.

[jungmana] 21/11/2019 10:38

I believe this will be 4p+ by the time I tuck into that Xmas turkey. Hence I put in about 20% of my pot over last 3 days

[kcowe] 21/11/2019 10:32

Thats confidenence jungmana

[jungmana] 21/11/2019 10:28

Am going to predict a close above 1.5p.Holding tight to near 2m shares now.Good luck all

[kcowe] 21/11/2019 10:25

this is over bought on the 2-4 hourly bollinger bands .. needs to consolidate here today

[amaretto1] 21/11/2019 10:24

For buyers ... lol

[theapplefreak] 21/11/2019 10:21

Carful with them stop losses lads MMs are hunting!

[jungmana] 21/11/2019 10:20

Just added some with proceeds from EUA.Heading for 200m volume day. Total shares in issue 783m

[jibba jabber] 21/11/2019 10:15

Sellers finished on TRX lads n lasses, off we go.

[leewink1] 21/11/2019 10:12

Ameretto, buy it or do one, you sound so indecisive, and tbf pretty lame.

[amaretto1] 21/11/2019 10:12

Every man deserve profit !!