image

The best stocks to buy since 1993

Latest issue now available

Xaar - Four forecast upgrades this year

July 2013

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.

  • Epic Code:
  • XAR
  • Price:
  • 784p
The shares went into orbit after Xaar put out a trading statement. This led to Xaar’s fourth profit upgrade this year, which has seen forecasts more than double : Investec now forecast 40.7p for the year to end December against original expectations of 18.2p.With half of the world’s 12,000 ceramic tile printing lines in China, and an upgrade cycle to digital that started two years ago, Xaar has never been so busy. Chief executive Ian Dinwoodie says that only 30% of the Chinese lines converted to digital so there is still much to go for as the process continues. Xaar supplies printheads to these tile printing OEMs that make the digital printing equipment (each machine needs a number of daisychained printheads dep ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMITED PERIOD OFFER

SUBSCRIBE TODAY AND SAVE £40 WITH OFFER CODE 40OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe