Xeros Technology Share Discussion Threads

[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 09:41

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 10:12

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 14:25

And falls back right on cue

[triktrak] 03/10/2023 10:40

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 07:11

Sell it all before the inevitable 0

[hugetakeaway] 18/5/2023 09:57

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 18:45

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 14:36

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

[melloteam] 17/5/2023 14:25

Just to let shareholders and prospective investors know that Xeros will be presenting on the 24th of May next week at Mello2023.

We have created a two day physical investor conference (23rd & 24th May) at the Clayton Hotel and Conference Centre in Chiswick that will include 15 top quality keynote speakers, 12 educational workshops and panel sessions, 50 exhibiting companies plus over 80 company presentations for investors to evaluate and understand their current or future investments. For a £25 bonus add-on price delegates at Mello2023 are also invited to make it a three day visit and join us for the Mello2023 Virtual event the day after, Thursday 25th May.

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.

[wheeze] 17/5/2023 13:58

Dont be mislead by random comments. Do your own research and reach your own conclusions. Buy, hold or sell on this basis alone. I would recommend anyone to read the various RNSs released over the past year. GLAH

[hugetakeaway] 17/5/2023 13:24

If you still unlucky enough to hold this,get out on this mini spike...the BOD should be in jail,going to inevitable 0

[glavey] 17/5/2023 10:55

Meaningless RNS with no actual figures or forecasts, just spiel.

Surely they don't need to raise again already?

[nowthatswhaticallmusic] 28/4/2023 17:47

Indeed .Going to ZERO.

[jpuff] 28/4/2023 09:28

STRONG SELL

[jpuff] 28/4/2023 09:27

A good question for the AGM might be when are they going to sell anything to justify the huge salaries of this Lifestyle company?

[1pencil] 24/4/2023 20:07

How does it capture micro fibres when the unit is installed inside the detergent drawer, as per video ?

[timbo003] 24/4/2023 19:49

Video from Thursday's Proactive investor event now available:

[beerboy02] 19/4/2023 19:17

Just look at the last 4 years and what XSG have come up with its all rubbish, it's just a lifestyle company constantly trying to shaft new investors, the directors should be locked up.

[jpuff] 18/4/2023 16:54

I wonder how much longer it can survive? Given no (paltry) revenues?

[marmar80] 18/4/2023 14:21

Problem numero uno are admin expenses. By end of 2023 another fundraising will be required.