Xeros Technology Share Discussion Threads

[wheeze] 08/1/2024 07:49

Could someone clarify why Spreadex would own a 5% stake in Xeros ? Does this facilitate shorting via CFDs ?

[jpuff] 29/11/2023 10:51

More dilution on the way?

[jpuff] 29/11/2023 10:51

Xeros Technology Group plc Terms of Warrants Consultation and Trading UpdateSource: UK Regulatory (RNS & others)TIDMXSGRNS Number : 9729U

[raleigh43] 09/11/2023 15:56

The recent insti buying finally got me off the sidelines.

Let’s see if new eco regs also ratchet up the xsg client action and portfolio.

[nivison] 09/11/2023 14:47

I did the same earlier in the year. Not quite the same vocab but exactly the same sentiment. It used to be worse than useless. Very different now and some signs of real progress in my opinion.

[nivison] 09/11/2023 14:16

Possibly. I have spent the morning going through the Xeros website. Much improved since I last saw it. Actually contains some really interesting information...things may finally be happening here.

[davemac3] 09/11/2023 13:04

and maybe looking for more

[raleigh43] 08/11/2023 15:55

Dowgate in for more.

[raleigh43] 03/11/2023 19:31

I think there is value there if they can get more sales asap. Will the whole EU legislate for micro particles?

[nivison] 03/11/2023 17:18

It looks like Dowgate Capital have accumulated 5.7% of the company. Cost about £165,000 at 2p a share. They must think there’s value here.

[raleigh43] 03/11/2023 16:36

What’s going on here?

[wheeze] 03/11/2023 16:20

Topped up. Seems rude not to...

[wewillwin20] 03/11/2023 14:38

Placing at 2pDnt be spiked

[tomboyb] 03/11/2023 13:51

Seems like it -

[glavey] 03/11/2023 12:04

Friday feeling...

[jpuff] 17/10/2023 10:41

Maybe they should produce a flyer for shareholders explaining how the share price has fallen from thirty quid to two pence. Now that would be an interesting read rather than the pish I won't even bother with below. And how much have the board of directors paid themselves in the meantime for such a monumental achievement for their shareholder owners?

[tomps2] 16/10/2023 11:12

Introduction to Xeros Technologies (XSG) - October 2023

Xeros Technologies CEO, Neil Austin, Finance Director, Alex Tristram, Tom Cobb, Group Product Development Officer and Alasdair Scott, Filtration product owner introduce Xeros, providing an overview of their technologies and the opportunities for the group.

Watch the video here:

Or listen to the podcast here:

[jpuff] 11/10/2023 15:25

And falls back right on cue

[triktrak] 03/10/2023 11:40

Looking at Xeros' chart, you'd think it belonged to a hospital patient whose heart monitor had stopped. But could there be a flicker of life in the corpse?

For years it's been trying to flog its washing machine technology with scant success. However, having pitched itself into the future and now changed its business model, is the present now catching up with its technology? Will all the forthcoming global regulation for microplastic-capture save Xeros from the graveyard?

Its overriding negative is the lack of funds. The new CEO has tried to cut costs to preserve the little money it has in its coffers: £2m and it's burning through it at somewhere under £0.5m per month. So it seems Xeros will have to raise more cash and when its market cap is only £4m, any current shareholders will be in for a roasting.

And yet.....the recent Cavendish broker note suggested that real progress was being made with Xeros' Turkish partner, Yilmak, as well as with IFB in India. So much so that it stated: "Our forecasts continue to suggest Xeros has sufficient
cash resource to fund the business into Q2 FY2024E". It added, "We continue to expect month-on-month EBITDA and cash breakeven towards the end of FY2024E." It even added that its forecasts were conservative.

And only yesterday on the webinar, the CEO stated that the company would be announcing "imminently" a partnership agreement with a global clothing brand in conjunction with Yilmak.

Interesting too that Canaccord took a major stake earlier this year. And looking at the CV of the chairman, Klaas de Boer, it's very impressive. Having been the managing partner of Entrepreneurs Fund - which is the largest shareholder in Xeros - he was responsible for investing in a string of young companies and then selling them on. This is a business environment he knows intimately.

So just possibly the risk/reward ratio is starting to turn.

[40quidminimum] 01/6/2023 08:11

Sell it all before the inevitable 0

[hugetakeaway] 18/5/2023 10:57

They are paid huge salaries, and the company will never even remotely generate meaningful revenues......and they know it , and have done for years .

[davemac3] 17/5/2023 19:45

Ivesy7217 May '23 - 15:36 - 3338 of 3338
0 0 1
This company promised so much, but the management should be in prison for theft or incompetence!

tell me more

[ivesy72] 17/5/2023 15:36

This company promised so much, but the management should be in prison for theft or incompetence!