A “Trading Statement” from Xaar (XAR) including “overall trading in the first four months of the new financial year has been in line with the expectation we established before the Covid-19 outbreak”… but the shares have responded currently approaching 5% lower towards 60p...
A “Trading Statement” from Xaar (XAR) commencing; “Xaar plc, a world leader in industrial inkjet technology, provides its scheduled trading update: Trading in the second half of 2019 was broadly in line with the first half”. The shares have responded to a current 47p – more than 6.5% lower…
Just over two weeks ago I noted on inkjet printing technology company Xaar (XAR), I having consistently warned… now dire results announcement & to be mass boardroom change.
I first cautioned on inkjet printing technology company Xaar (XAR) with the shares rising above 800p in 2013, and have consistently warned since – most recently earlier this month here. Now “2019 Interim Results” and “Board Changes and Succession” announcements – and the shares currently approaching 40% lower on the back of them, to around just 42p!...
A “Proposed investment by Stratasys in Xaar 3D” announcement from Xaar (XAR) – with CEO Doug Edwards “pleased that this transaction will create good value for Xaar shareholders and unlocks the ability for more significant value in due course”…
Previously writing on digital inkjet technology company Xaar (XAR), in March with the shares sliding below 115p I concluded the cash burn and current clear trading challenges see me note that “strong portfolio” still very much has to be proven – and to currently retain a stance of avoid. That was with the company having updated including “we are confident that the transformation we are undergoing will lead us to become a more diversified and customer-centric organisation, with an appropriate balance between established and developing technologies. We remain focused on delivering the benefits of our strong portfolio and technology advantages to shareholders”. Today a “Trading update & revised date for interim results”. Doesn’t sound encouraging!...
Inkjet printing technology company Xaar (XAR) has announced 2018 results including “we are confident that the transformation we are undergoing will lead us to become a more diversified and customer-centric organisation, with an appropriate balance between established and developing technologies. We remain focused on delivering the benefits of our strong portfolio and technology advantages to shareholders”. The shares have responded, er… further lower, below 115p…
“Xaar plc (XAR), a world leader in industrial inkjet technology, provides an update in advance of its forthcoming preliminary results”. This including “the integration issues experienced leading to the delays are now behind us and sell-through is expected to increase. Furthermore, the minimum volume commitments from our supplier have now been met. The company will announce its preliminary results on 21 March 2019 at which time it will also provide an update on its review of strategic options for more extensive partnering in the Printhead business unit”. Having also provided a trading update on 28th December, why a current 6% share price fall today though, to below 130?...
Previously writing on industrial inkjet technology company Xaar (XAR) on half-year results in September, I concluded the scale of deterioration, lack of visibility and continued difficult trading see - despite the shares currently sub 200p - me presently continue to avoid. Now a 28th December - i.e. attempted no-one watching o’clock - “Trading Update”. Uh oh…
Xaar (XAR) has announced results for the first half of 2018, including “the long term opportunity for Xaar remains very significant, but trading continues to be impacted by the aggressive decline in our Ceramics business, and the unpredictability of the adoption of our new products”. Hmmm…
In June I questioned on Xaar (XAR) as its shares slid below 250p, below expectations sales & little visibility… but still “expect full year profit to remain in line with our expectations”?!. Today a trading update…
Previously writing on Xaar (XAR) in November it was “shortfall against previous expectations… largely from fewer than planned new printer installs of Xaar's 2001 Printhead, and slower than anticipated ramp up of the Xaar 1201 Printhead due to supply constraints”. Today a further trading statement…
