Xeros Technology Share Discussion Threads

[doom loop] 23/11/2019 21:01

This scammer been promoting this dog on many dozens of threads.

No wonder this is crashing back. everyone knows it's Pump and Dump scheme.

Back to 0.9p on Monday


leewink123 Nov '19 - 13:47 - 2160 of 2164

Well, it certainly doesn't need too much ramp then or spreading the word, it's getting around already, and even to say "A happy Christmas" is coming, may be a slight

[doom loop] 23/11/2019 20:58

This will end in tears now.

So many shares dumped on p.i.

Rampers are long gone. Most sold in the spike above 1.6p

[jungmana] 23/11/2019 15:50

Finncap's short note says all you need and I guess they are being conservative with target;Xeros has developed a polymer-based technology that has been proven to save vast quantities of water in water intensive industries such as garment processing and manufacturing, commercial & domestic laundry. Given that the bulk of these industries are in highly water stressed regions such as India and China, the scope for commercial success is clear. With £130m invested to date, BASF as a supplier and some of Asia's largest washing machine makers either taking licences or in discussions, Xeros appears to be at the inflection point. We initiate coverage with a price target of 4p/share.

[dave4545] 23/11/2019 14:30

lol

"strong cash position"

Only because of the placing and in 6-12 months time it will be all gone again.

laughable

[leewink1] 23/11/2019 13:47

Well, it certainly doesn't need too much ramp then or spreading the word, it's getting around already, and even to say "A happy Christmas" is coming, may be a slight understatement. One for the "hold tight" definitely, as very near term, once this moves it will be a mass scramble for shares, a definite again. No ramp intended, it's all there now and about to show, vastly undervalued.

[jungmana] 23/11/2019 11:25

That's an excellent summary. Thanks for posting

[jungmana] 22/11/2019 23:22

Current tradingSince the interim results trading has continued in line with the Director's expectations with the focus for the rest of 2019 and beyond firmly upon:-- successful implementation of joint development and licence agreements for the Group's products over the next 18 to 24 months, with the expectation that the Company will reach EBITDA cash break-even by the end of 2021;-- development and signature of additional licence agreements to provide wide geographic commercialisation of the Group's products; and-- management of the Group's cash position by completing the migration to a pure-play licensing business model by the end of 2019 thereby significantly reducing the Group's monthly cash burn run rate. Group cash reserves at the end of September 2019 stood at GBP2.4m.Following its exit of direct operations, the Company expects to have a staffing level to execute its licensing activities of approximately 60 personnel at the end of 2019. This compares to 148 at the end of December 2018 and 107 at the end of August 2019. The Company foresees further reductions in its cost base as licensees move to become self-sufficient in the engineering and commercial activities necessary to commercialise Xeros' products.

[jungmana] 22/11/2019 23:16

BoardThe Board has undertaken to appoint further non-executive directors to the Board within three months of Admission; new appointments will likely reflect the interests of key shareholders following Admission, whilst also satisfying the demands of good governance regarding the importance of maintaining appropriate levels of Board independence.

[jungmana] 22/11/2019 23:14

Commenting on the Placing, Mark Nichols, CEO of Xeros, said:"Xeros' products help reduce the increasing pressures on the world's supply of water. Testament to this are the development and license agreements we have signed in India and China, the world's two largest water users.This funding, provided by both existing and new shareholders, will enable us to complete our full migration to becoming a high-margin royalty business delivering sustainability and cost benefits to our licensees' customers.Having completed much of the development and protection of our products, we are now well-positioned to continue the commercialisation of our intellectual property with major OEMs across multiple large-scale markets."

[jungmana] 22/11/2019 23:02

That's correct . They added about 65m shares in the placing when you compare their new and old figures

[theapplefreak] 22/11/2019 20:17

Again this is due to the dilution right?They've not actually lowered the position here.

[jungmana] 22/11/2019 18:32

Nice one. Our second largest shareholder there

[jagzoil] 22/11/2019 18:29

As per the website

[jungmana] 22/11/2019 18:29

Ended the week about 50% higher. At least we are not back at 1p as some predicted.Onwards and upwards from here

[j2bull] 22/11/2019 18:27

Another tr1 just rolled in ip group 14% holding..

[redhammy] 22/11/2019 18:24

Remember, it was 2p by the end of today and 5p by Christmas. Take caution if you are thinking of buying in, not everyone that appears to have your best interests at heart actually does.

[jungmana] 22/11/2019 17:27

2p+ by end of next week looks likely. Over 500m traded volume this week

[soultrading] 22/11/2019 16:45

Should be a good week here next week!

[leewink1] 22/11/2019 16:26

Go for it ....

[soultrading] 22/11/2019 16:20

Tempted to add before close here

[dave4545] 22/11/2019 16:16

Yeah they are not your twitter accounts

They ramp the same stock every day, they post the same false rumours every day.

Lets see 2000 stocks out there and say 7500 share twitter accounts

It's a 15 million to one coincedence :-))

[jungmana] 22/11/2019 15:45

They held that 30m for last 3 months. If they wanted out could have sold for 6p+ just as they did disposing off 50m+.So imo holding the 30m long term