Updates

Xaar

February 2012

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Ahead of results on 20 March, Xaar said in its Q4 update that performance was slightly ahead and it therefore expects to report sales of £69m for the full year to 31 December, up 25% on 2010 and £2m better than our last update in December. P3 printheads for industrial applications, such as digital printing on ceramic tiles, have been the main driver of the recent growth whilst sales of P1 heads for the legacy outdoor advertising market continue to decline. Separately, Xaar has said all nine staff at its office in China have resigned following a dispute over alleged unfair treatment. This is obviously unwelcome news but direct exposure to China is c.12% of sales (from 50% in 2007) and given that sales order proces ...

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Xaar (September 2014)

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Xaar - Head of thin film R&D puts his money where his mouth is (July 2014)

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Xaar (December 2011)

Xaar - P3 printhead capacity to rise from 16k units to 25k by year end (September 2011)

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Xaar (April 2011)

Xaar (February 2011)

Xaar - Four-fold upgrade to capacity planned (December 2010)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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