Xeros Technology Share Discussion Threads

[analystium] 09/12/2024 21:52

Apparently this company puts nylon balls into washing machines and has a rotating filter to clean out the resulting fibres; am I missing something?

[davemac3] 30/9/2024 13:01

sounded fairly confident in the webcast. I am quite impressed with Neil Austin so bought a few more.

[wheeze] 30/9/2024 11:30

11,250,000 trade gone through with no price movement. Anyone got a clue whats going on ?

[davemac3] 05/9/2024 14:23

I doubt these big companies would be doing deals with XSG if there was a danger of administration

[hsflegal] 05/9/2024 13:36

Administration inevitable

[smithless] 05/9/2024 09:19

40% drop on £16500 worth of trades. Tempted to have a punt as the world needs tech like this, but its inability to control costs to expectations puts me off at present. Will shareholders keep it going, who knows.

[slicethepie] 05/9/2024 08:18

Looking at their share register a lot of well known investors getting this one wrong big time!

[babbler] 05/9/2024 07:08

There was a 2nd RNS to try and stop the fall which would have been much larger

[qs99] 05/9/2024 06:57

As ever with these early stage companies one step forward one step back

Goes into v long term hold unless they can accelerate take up and more deals

DYOR

[timbo003] 05/9/2024 06:52

Cavendish comment following today's announcements:

Xeros (XSG): CORP New licence announced, lower near-term expectations The group’s trading update signals a delay to near-term revenues and a new licence signed with Donlim Group. The previously expected uptake of its Care product with IFB, its Indian partner, has been delayed into 2025. New standards on the environmental impact of microplastics from legislation in France have yet to be clarified and as such will not boost short-term demand for its XF3 microfibre filtration product. The group outlines lower short-term expectations, and we adjust forecasts with our FY24E pretax loss increasing by £1.6m to £4.3m and a FY25E pre-tax loss of £1.0m, previously a profit of £1.3m. Net cash was £4.0m on 30 August, with FY24 cash expected at £2.9m. The Board expects to have sufficient cash resource to see the company through until it achieves net monthly cash breakeven during the latter part of FY25. On lower near-term forecasts, we reduce our TP from 18p to 16p, although the longer-term market opportunity and the environmental benefits of its technology remain significant.

[bang_gone] 26/7/2024 07:50

Administration inevitable

[partner] 22/7/2024 15:05

Fridays big (ish) print of around 33million shares may have been our seller finally cleared , I stress maybe .

[wheeze] 22/7/2024 15:00

This is moving up on very low volume. Summats afoot.

[jpuff] 22/7/2024 14:42

Did "Safestocks" say the same when they were 30 quid lol

[chrismenon] 15/7/2024 13:10

'Xeros Technology set to rerate on positive news flow' according to Safestocks: hxxps://www.safestocks.co.uk/

[pugugly] 11/7/2024 11:41

RE 3457 Buyer then possibly has more money than sense.

[davemac3] 11/7/2024 11:37

somebody has just bought more than 3%

[jpuff] 06/6/2024 14:43

Even a dead cat have it's day and a bounce

[qs99] 06/6/2024 14:06

seeing a small uptick in interest....

[qs99] 04/6/2024 17:42

Get a few more licencing deals in play, then this could start to be quite interesting IMO/DYOR....have put a few away just in case.

[wheeze] 04/6/2024 11:01

On the move. I am interested to see what the value of 'nothing' is...

[worldquant] 28/5/2024 15:13

At year end 2022 in the audited accounts running shareholders deficit was £ 115,366,244 ..9 figures..Will be even higher now of course.