Spectra Systems Share Discussion Threads

[harrogate] 08/2/2016 08:07

Pat - well sell then - why would you keep buying as you say you have been when you don't trust the management and think results are poor -

[patviera] 08/2/2016 08:05

Trading at cash it was opportunisticSo Nabil now earns 500k and will have a shed load of optionsHuge greedGives the city a very bad nameThis company makes tuppence ha penny and this happens!!

[harrogate] 08/2/2016 08:04

I think this is another step forward and have no problem with market price options that only vest if shareholder returns are good - they say stringent performance conditions and so I can't see how this doesn't align management with us although I accept we need to see the conditions. Maybe positive timing with Aeris? There is a conference coming up on banknotes. SPSY has been very disappointing for me but I am prepared to see the good news when it arrives -

[muffster] 08/2/2016 07:52

another management aligning only their interests.

[patviera] 08/2/2016 07:49

Isn't forecast a small profit?So not a big deal this RNS?

[patviera] 08/2/2016 07:44

Exerciseable at current prices??!!They better have a condition attached re a higher share price!!Wow 10pct of equity!!

[fft] 08/2/2016 07:12

Its never just good news with SPSY is it ?

Good news. Profits well above market expectations.

Bad news. more shares to be granted as options to directors and other personnel. If that was combined with the CEO taking a 50% pay cut that might be palatable.

Why don't they just buy shares in the market place like the rest of us !!! :-(

[galles] 08/2/2016 07:11

Trading update out. Significantly ahead of expectations!

[patviera] 07/2/2016 15:40

Chart says 17p againThen you buyFeels like 16p to 24p range1.8p x 8 is 15pPlus some cash which gets valued at very little

[patviera] 02/2/2016 22:18

Haha not popular but will be if any one gets liquid on back of itSp is 1900 Could be 800 this time next year : (

[stegrego] 02/2/2016 20:31

Bet you're life and soul of a party!

[patviera] 02/2/2016 13:39

I'm a buyer on weakness but won't chase blueEspecially as I think market will fall 50 pct this year

[patviera] 02/2/2016 12:45

Not sureProbably not a lotIt's all on whether they win an aerial contractIf they don't then 18p is fair valueIf they do then prospects are v goodDown on day nowDrifts to 18p I think

[muffster] 02/2/2016 11:13

What is nav per share here

[patviera] 02/2/2016 10:55

A one day blipThese will drift again Probably to 18pGood one to tuck away for long term but short term dead money1.8p so what!!!

[stegrego] 29/1/2016 20:45

Thoughts are you surely have that wrong.

[patviera] 29/1/2016 15:43

1.8 pe of 8 is 14p plus cash of 5m Shares should be 24p for fairly valued So a buy at 18p a sell at 24p?Thoughts?

[glasshalfull] 29/1/2016 10:50

WH Ireland update:-

"Spectra has completed the acquisition of certain specialty phosphour assets primarily used in the authentication of world banknotes. The assets generated revenue of $1.6m and a gross profit of approximately $1.0m in the year ended 31 December 2015 and will be highly earnings enhancing in the 2016 financial year.

Our adjusted profit and EPS estimates in this year increase 100% to $1.2m and 1.8p respectively. The consideration amounts to $3.15m, of which $2.8m was paid in cash on closing of the acquisition.

Pre acquisition, we estimate the Spectra will exit 2015 with c$13m of cash (20p/share). Thus, with the shares well backed by a cash-strong balance sheet, and a growing confidence about the sustained profitability of the business, we retain our Buy recommendation against an upwardly revised price target of 48p."


Regards,
GHF

[glasshalfull] 29/1/2016 10:46

Well done patveira for keeping the faith!

I'm with harrogate this morning. Excellent deal on the face of it & catalyst for me to add considerably.

Regards
GHF

[tromso1] 29/1/2016 10:35

Good volume as well with the 2 x 200k trades.

[galles] 29/1/2016 10:31

Finally moving in the right direction!

[tromso1] 29/1/2016 09:11

Looks like a decent entry point here.

[harrogate] 29/1/2016 08:02

Great deal - massively earnings enhancing - WHI up 2016 to 1.8p - double previous and increase target price to 48p.

[galles] 29/1/2016 07:31

Or to purchase phosphor assets!

[diku] 28/1/2016 23:56

That cash is for CEO salary!!...