J0HNNIEIS
31 Jul 2017
Recent and today's rise I presume people are waking up to the huge benefit this company should be seeing from the slump in the pound post Brexit ref. I trust both profits and sales revenue are surging.
II Editor
02 Jun 2017
NEW ARTICLE: Share Watch: Four stocks of interest "Each month Richard Beddard trawls through annual corporate results for his Watchlist and the ShareSleuth portfolio of companies that satisfy key valuation metrics such as earnings yield and return on capital - and profiles the most interesting ..."[link]
gretel
31 Mar 2017
New XAR 3D centre opens XAR's new 3D centre has just opened in Nottingham:[link] running shoes are made from 3D printers at Xaar's Nottingham labCricket bats, trainer soles and aeroplane parts are some of the everyday objects that could be built on an industrial scale using 3D printers at a new Nottingham laboratory.Xaar, one of the world leaders in industrial inkjet technology, has launched a new 3D printing team at its latest base in Nottingham Science Park.It will now aim to create parts up to 100 times faster than previous industrial 3D printing processes, using high-speed sintering (HSS) machines for volume manufacturing.Professor Neil Hopkinson, who invented the technology in 2003, said: "3D printing has traditionally been good for making very complicated shapes of one-offs or a few-offs but aren't scalable to high production. "But I've invented new technology that can make very complex shapes at high production volumes."Read more at [link] laboratory, which was launched with an opening ceremony this past Wednesday, will be working in a number of different fields, 3D printing parts for the aerospace, medical, and even sports markets. So far, Xaar’s lab has already made a customizable 3D printed heel structure for running shoes, which is on display in Xaar’s office.In addition to the new Nottingham lab, Xaar has also established a base in Copenhagen where 3D software is being developed. The inkjet printhead company’s foray into 3D technologies is reportedly part of its 2020 strategy to reach £220m in sales."[link] technology uses infrared heaters and inkjet printheads to 3D print products, using polymer powder materials, and is engineered to perform at lower costs and higher speeds than other 3D printing processes, making the technology a good fit for companies who need to 3D print in high volume. The company optimistically looks to HSS as a key to taking additive manufacturing into the mainstream, which is a goal of many companies these days.“There is no doubt that High Speed Sintering technology can transform 3D Printing from a low volume prototyping solution to a mainstream manufacturing process. The step change to high volume manufacturing will be most efficiently achieved through partnerships with committed stakeholders across the supply chain. Our new 3D Centre in Nottingham is the ideal location for such partnerships to flourish,” said Professor Hopkinson."
sharegardener
23 Mar 2017
Re: queued at 417 Its not clear how successful their new products will be and teething troubles with 'thin film' as quoted below. Also, Xaar have a new senior team with CEO transition in 2015, new Chairman in 2016 and new CFO starting in May. The new partnerships, EPS acquisition and the 3-D development may not be reflected in increased revenues till FY17 results this time next year. Overall they have strong IP, more R&D on the way and a decent cash pile for more acquisitions, so good future potential.I'll be keeping an eye out for more announcements.SG''In May 2016, we were delighted to announce the launch of the Xaar 5601, our first product based on this [thin film] technology platform, which has been successfully demonstrated to a number of our partners. We had originally targeted to begin commercial sales of this product in early 2017; however, our manufacturing partner experienced a processing issue as they began to increase production levels. The impact of this issue has limited production output of the Xaar 5601, which has delayed commercial sales volumes. The root cause of the issue has been identified and resolution is in progress. We are working closely with our manufacturing partner to minimise the impact of delays on our customers, and we expect to get back on-track during the second quarter of 2017 with commercial sales anticipated from the middle of the year.''''We are currently working with our manufacturing partner to resolve an issue on our first Thin Film product, the Xaar 5601, in order to increase production volumes and achieve commercial sales. The delay of this milestone means that in 2017 we will continue to capitalise costs associated with the Thin Film platform development programme. This position will be reviewed in the middle of the year, at which time we expect to commence commercial sales.''
marcher
23 Mar 2017
Re: queued at 417 Totally agree MacPithy.Extract from Final Results is very upbeat:Acquisitions and PartnershipsIn 2016, we were delighted to report our first acquisition. EPS, acquired on 1 July 2016, has been successfully integrated and is performing well. It has helped extend our business model and improve our market knowledge. We will continue to explore acquisition opportunities in the Product Printing space and in other carefully selected target markets. We made excellent progress with partnerships in 2016. In May 2016, we announced our Thin Film piezo printhead partnership with Ricoh, and in January 2017, we announced our Bulk piezo printhead partnership with Xerox. These partnerships are important for three reasons; they extend our product range, they produce better products more efficiently, and they expand our market access. As noted above, the Ricoh partnership signed last year quickly yielded a first product, the Xaar 1201, which will contribute in 2017. The first product from the Xerox partnership announced in January, the Xaar 5501 is already in development and is expected to be introduced in the middle of this year. In 2016, we also made progress on our partnership with GIS on electronics, Megnajet on fluid supply systems, and with a number of ink companies. Success with printhead adoption is reliant on the creation of an eco-system of technology, products and partners; launching a stand-alone printhead without the necessary supporting elements will not be successful. Our external focus is therefore very important and we will continue to look for opportunities to partner.
MacPithy
23 Mar 2017
Re: queued at 417 Hi guys and dollsI've put this on my radar as a potential recovery stock the bad news started with the demise of the Chinese construction boom and it's knock on effect on the ceramic tile business and the demand for print heads. According to the balance sheet the co is in good shape profitable no debt and unique IP but competitors gaining and growth for now and for some time in the future is "invisible" in their existing markets so they are casting their net wider, which is risky hence the note on the technical difficulties and the depressed level of current sales had a damping hit on the recent SP spike up. As always timing will be the issue. Any views???
sharegardener
17 Mar 2017
Re: New 3D printing story on Xaar website correction: new CFO doesnt start till May![link]
sharegardener
17 Mar 2017
New 3D printing story on Xaar website 17/3/17 Xaar collaborates with Materialise to facilitate 3D inkjet equipment developmentIn a further enhancement of services to its 3D customers, Xaar is delighted to announce that market-leading 3D print software from Materialise, Materialise Magics and Materialise Build Processor, will be included as a bundle option with Xaar’s additive manufacturing development kit. This means that Xaar’s customers who are looking to develop their own inkjet enabled 3D Printing /Additive Manufacturing equipment will benefit from a simple “one-stop shop” approach to initiating a development programme using the very best 3D Printing software and inkjet development starter kit.Materialise incorporates more than 25 years of 3D printing experience into a range of software solutions and 3D printing services, which together form the backbone of 3D printing technologies, whilst Xaar delivers leading inkjet technology used in additive manufacturing 3D equipment. Proven in industry worldwide, Materialise Magics is the leading data preparation software for Additive Manufacturing. It allows users to make their 3D models printable by state-of-the-art mesh repair, advanced mesh editing, advanced mesh enhancement functions and more.The Materialise Standard Image Build Processor bridges the gap between 3D software and inkjet 3D printing machines. It seamlessly interfaces with Materialise Magics and transforms prepared 3D models to an inkjet machine specific data format (images). The transformation process is described in build strategy profiles and can easily be adopted to any inkjet 3D Printing technology by a user friendly profile editor. The Build Processor will allow users to output multi-channel and multi-pass formats enabling the user to build up complex print strategies. The advanced pixel fill methods such as gradient fills and tiling allow the user to fill print areas with whatever pattern they want, resulting in build strategies that bring the best out of the inkjet 3D printer.“We are delighted to be collaborating with 3D Printing software leader, Materialise, to deliver to our customers a fantastic and comprehensive development kit,” comments Neil Hopkinson, Director of 3D Printing at Xaar. “Combining Xaar’s printing systems and Materialise’s software solutions gives our customers easy access to best-in-class complementary technologies and will undoubtedly allow for much easier and faster 3D printer development programmes”.“We believe that partnerships are important to empower the 3D Printing ecosystem with the best solutions. The bundling of Xaar’s printhead expertise and Materialise’s neutral software backbone will enable Xaar’s customers to get the most out of their inkjet machines,” says Karel Brans, Director Business Line OEM at Materialise.This follows on from Dec 2016 RNS on 3D printing R&D based in Nottingham. Full Year results out next Wed.I have seen a few companies making 'good news' announcements before their main results to soften the blow of a poor report. Hopefully not the case here but odd that the SP is continuing to drop in the face of positive developments. The new CFO has only just arrived in Jan 2017. Decembers trading update was mixed, implying H2 would be no better than H1 due to weak ceramic tile printhead sales but offset by new products coming on stream and packaging printing ahead.Not long to wait!SG
sharegardener
17 Mar 2017
Re: New 1000p analyst target today! Hi Gretel,Were 1150 at one point after a run of 'ahead of expectations' trading updates from digital printing on ceramic tiles. Competitive advantage didnt appear to be maintained and China demand dropped back as did the SP which has continued to fall despite the link ups with Xerox.I did have some shares also in Domino Printing Science who got bought out by Brother a couple of years back. Both Co's in Huntingdon and developed their IP from R&D with Cambridge Uni if I recall correctly.XAR are also developing 3D printing but this has very different applications from printing onto surfaces.Staying ahead of the competition looks tricky but if they can innovate effectively then 1000p may be attainable again. It would be a pity if they were also swallowed up by a multinational.I will have a closer look at Xaar againSG
gretel
16 Mar 2017
New 1000p analyst target today! "1012 GMT [Dow Jones] Canaccord Genuity analyst Caspar Trenchard starts coverage of Xaar (XAR.LN) with a buy rating and target of 1,000p, well in excess of the current price, saying the printing technology company is in a strong position to negotiate changes in the printing market, with expertise in areas such as thin film printing. Xaar also has a strong balance sheet, with cash equal to a quarter of its market cap and good cash generation, he notes. Shares are up 3.1% to 337p."
Shades of grey
09 Mar 2017
Re: queued at 417 It's amusing that this thread dates back several years! However, it looks like income has been flat for a couple of years, failing to excite the big investors, and down on levels before that. It would be interesting to see what a proper chartist has to say but the trend looks bad to me and the last seen support level looks like about 225 so I'm staying out of this. As pretty much the last independent head manufacturer out there and with a cheap pound a part of me thinks these must be a take-over target unless they are really crashing and burning.
optomist330
08 Mar 2017
Re: queued at 417 Have been watching this share on Sharescope for some time. Why do you think is constantly falling? has consistent profits, good turnover and no debt.
Ripley94
07 Mar 2017
Re: queued at 417 Brought in today @ 345p
Ripley94
21 Feb 2017
Re: queued at 417 Now @ 371 .. ??
gretel
11 Jan 2017
Partnership with the mighty Xerox! News - it may only be an RNSNON because it's financially non-specific, but the strategic implications of a tie-up with the mighty Xerox are surely enormous.Could it eventually lead to Xerox swallowing XAR whole?[link] SIGNS INKJET PRINTHEAD PARTNERSHIP AGREEMENT WITH XEROXXaar ("Xaar, "the Group" or "the Company"
, the leader in industrial inkjet technology headquartered in Cambridge, UK, has signed an agreement with Xerox Corporation to partner in bulk piezoelectric (piezo) inkjet printheads.This partnership capitalises on each company's considerable expertise in bulk piezo printhead development, will deliver substantial benefits to the market through leveraging both companies' market-leading technology, and enables Xaar to bring to customers a broader range of bulk piezo printheads."Continued investment in technology and product development, together with strategic partnerships, are key elements of our 2020 vision," said Doug Edwards, Xaar CEO."
