Well worth having a few of these in the portfolio. Digital printing and printers is the future and Xaar with an excelent product offering and a very capable management team are well worth backing. Xaar is certainly recovering from the fall out in the dot com era and is looking financialy very strong.
More to come.

PLEASE DYOR

cheers GF.

Looks like I called that one wrong!

sorry about the news, but it does make it look better value now given that the effect on income/profit may be limited ie sales/pricing may reduce if taxes need paying (by customers) but there is not a change in core demand....or a product issue....

GN

can anyone confirm if barclays are increasing their holding ?

does this signal the perceived bottom ( mad pad was a little pre emtive maybe!)

any views on whether the china issue will subside or be insignificant

PS past performance is no indicator of future performance but this did it for me in the past and I keep waiting to get in on a repeat performance.....

IC says sell so it must be a good time to buy!!

lol

;O)

See what I mean nearly 150 today!!

Kept the faith.

165p, knew it was oversold.Good old IC.

Doing really well today.

Off we go!!

Again.

40%up on rumour

Xaar PLC rejects unsolicited 200-220 p/shr offer approach from Danaher
AFX


LONDON (AFX) - Printing company Xaar PLC said it has rejected an unsolicited approach from Danaher Inc concerning a possible cash offer of 200-220 pence per share.

Xaar said that although an offer of this size would represent a premium of 38.5-58.5 pence on yesterday's closing share price of 161.5, it was equivalent to a discount of 118-138 pence on the company's 12-month share price high of 338 pence.

Xaar highlighted it was not definite that Danaher would make an offer.

At 15.11 pm, shares in Xaar were trading at 223 pence, up 61-1/2.

NICE.

WORTH WAITING FOR EH BOYS GOOD OLD XAAR HOW ABOUT ANOTHER FEW HUNDRED ON TOP,REMEMBER THE HEADY DAYS OF 500+

well done chaps ..... completely under my radar, and clearly that of all but a chosen few

Good article in yesterdays FT basically saying that Danahers bid was opportunistic taking advantage of the share price drop caused by the Chinese customs saga.Nice bit of exposure in the FT.

Im still in MP, just holding and waiting.

Patience will be rewarded.

Xaar shares crashed 65.5 pence to 116.5 pence today. It attributed the expected shortfall to a slowdown in sales of Xaar Platform 1 products into China and the termination of talks regarding a 'potentially significant agreement' due to adverse economic conditions.

Xaar plc ('Xaar' or 'the Group'), the inkjet printing technology group headquartered in Cambridge, is issuing the following trading update.

In the Interim Management Statement dated 15 October 2008, the Board reported lower than planned revenues in Q3 largely on account of disappointing sales of its established Platform 1 product range to original equipment manufacturers in China. Production levels were cut in line with this lower demand, with a reduced rate of overhead recovery contributing to margins and profits being below plan. At the time of that announcement, the Board expected an improved performance in Q4, 2008 but, in light of the outlook for the global economy, expressed caution.

The global economy has suffered further substantial setbacks over the past two months. Although the Group's trading levels have not deteriorated since Q3, so far in Q4 there has been no improvement on the levels achieved in Q3. Accordingly, margins and profits continue to be below plan and the results for 2008 as a whole are expected to be below current market expectations.