Xeros Technology Share Discussion Threads

[babbler] 06/2/2024 15:29

Why have lombard taken another big chunk then?

[xom] 06/2/2024 10:54

Right I'll answer the questions with actual numbers..They lost on average 483,000 of cash every month H1 2023..Their average revenues were 19,000..A wholly unsustainable business model, unless they can find yet more cash from a placing..........In short going bust.........I'd stay off the conspiracy and get on message to the company.At last report H1 2023:. A How much cash on average per month was the company losing?B How much revenue on average was the company receiving?.I'll check your maths later.

[wheeze] 06/2/2024 10:48

I give up trying to understand what Spreadex is doing - first they were selling now they are buying? Is all of this part of their short selling strategy? Meanwhile the zero brigade is strangely silent lol

[wheeze] 05/2/2024 07:22

Interesting that Richard Griffiths has taken a significant stake in this stock which some say are worth nothing. Either RG knows nothing or they know nothing. I know where my money is. lol

[timbo003] 02/2/2024 07:26

46% take up of the warrants which is a bit more than I was expecting given that there was only a modest discount

[xom] 01/2/2024 10:52

Right I'll answer the questions with actual numbers..They lost on average 483,000 of cash every month H1 2023..Their average revenues were 19,000..A wholly unsustainable business model, unless they can find yet more cash from a placing..........In short going bust.........I'd stay off the conspiracy and get on message to the company.At last report H1 2023:. A How much cash on average per month was the company losing?B How much revenue on average was the company receiving?.I'll check your maths later.

[wheeze] 01/2/2024 10:25

If you take the trouble to read the RNS releases over the past couple of years you would know they have struck a number of licensing agreements with companies in France, Turkey and India. It is no secret that the revenue stream is only expected in H2 2024.

[xom] 01/2/2024 09:54

I'd stay off the conspiracy and get on message to the company.At last report H1 2023:. A How much cash on average per month was the company losing?B How much revenue on average was the company receiving?.I'll check your maths later.

[wheeze] 01/2/2024 09:04

I believe it may their motives may be more sinister than that. Lot of money to be made by killing off companies- hence the worth zero mantra. If a company goes to the wall it's a massive payday for short sellers who walk away Scot free.

[timbo003] 01/2/2024 08:37

This probably explains (multiple user name) XOM's obsessive negativity - disgruntled ex-employee

[xom] 31/1/2024 16:09

Net cash outflow H1 2.9 million quidRevenue 0.113 million quid.So I was being generous losing 2.9/6,483,k a month, ( lions share into directors pockets via hideous salaries).Revenue on average 19k LOLOL.Repeat it's a complete basket case.....Going bust..... Rapidly.Worth a big aFat ZERO

[wheeze] 31/1/2024 10:22

There was a wall of shorting on this stock around the time Neil Woodfords fund collapsed. I wonder if some of these positions are still open ?

[wheeze] 31/1/2024 07:18

A word to the wise...Three posters who claim this share is worth zeroHugewithnobrain - member since 23/06/23XOM - member since 19th July 23Seeking beta - member since 26th July 2023These are not holders. They are accounts set up to spam the board with negative comments. To me this is the strongest buy signal yet. I wonder if any big player is worried about getting caught short, lolAll three on filter now.

[wheeze] 30/1/2024 21:46

If it's worth a big fat zero, why would the Chairman cough up 68,500 readies to buy stock in the past week? Don't bother to answer if its 'because I say so'

[xom] 30/1/2024 14:27

Net cash outflow H1 2.9 million quidRevenue 0.113 million quid.So I was being generous losing 2.9/6,483,k a month, ( lions share into directors pockets via hideous salaries).Revenue on average 19k LOLOL.Repeat it's a complete basket case.....Going bust..... Rapidly.Worth a big aFat ZERO

[timbo003] 30/1/2024 11:54

"It will never reach cash breakeven"
You may be right (or wrong) about that, but I think with the additional cash runway provided by the exercise of the warrants, the company stands a much improved chance of achieving it without having to rely on another market placing.

"Losing 400,000 a month"
I'm not sure where you got that from, but it wasn't from the most recently published results (September 2023).

[xom] 30/1/2024 11:36

Losing 400,000 a month and will NEVER make that revenue EVER.Complete epic BS of a business

[xom] 30/1/2024 11:29

It will never reach cash breakeven.Not even remotely....Lol.

[timbo003] 30/1/2024 11:17

I have now opted to exercise my warrants from the last placing @ 2.85p/share

With a 15% discount to the current bid price and with an increasing likleyhood that the company will not require another fund raise to reach breakeven (due to warrants getting exercised), exercising the warrants and holding the acquired shares until the company reaches cash breakeven (or beyond), seems like a sensible strategy to me.

[timbo003] 30/1/2024 10:57

Last broker comment (29 November 2023)

XEROS (XSG): CORP On track for FY23E EBITDA and cash; consulting on warrants Xeros has published a trading update confirming FY23E adj. EBITDA and year-end cash are expected to meet our forecasts of -£4.7m and £1.6m respectively. The revenue outturn is partly dependent on the timing of an XOrb shipment delivery to a licence partner. In the event this shipment is delivered in FY23E, we would expect a modest beat at the adj. EBITDA level. Xeros has also announced it is exploring the possibility of amending the terms of warrants, which could further bolster its cash position. We make no changes to our forecasts at this stage and continue to expect month-on-month adj. EBITDA and cash breakeven towards the end of FY24E. We reiterate our 18p/share target price.

[hugenobrainer] 30/1/2024 08:09

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

[hugenobrainer] 30/1/2024 08:05

No he won't.It's going to zero.It is a criminal rape of private investors intelligence to suggest otherwise.-99% soon to be -100% .Avoid like the bubonic plague.If you own any sell them.

[wheeze] 29/1/2024 15:21

For anyone interested, the Chairman of this company invested 68,000 quid of his own money on the 18th of January on 2,400,000 shares. I am sure he will get a tidy return on this.

[wheeze] 29/1/2024 15:05

The lady doth protest too much, methinks...