Spectra Systems Share Discussion Threads

[volsung] 27/5/2025 18:54:49

New finance man

[ntv] 22/1/2022 07:18:12

Still seem cheap to me

[ntv] 03/7/2020 14:01:03

DLAR are going to be cash rich
They stated they want expand their authentication division
These seem an obvious target
Cash and share offer?
added a few more

[ntv] 13/1/2020 18:07:38

price still way below the ordinaries

[ntv] 15/11/2019 10:13:33

Don't think they are big enough to bid for DLAR's authentication arm that is up for sale especially with a price tag of up to £200m on just £5.7m profit

[mctmct] 26/9/2019 14:50:16

Ah yes - yesterday's RNS on SPSY.

[mctmct] 26/9/2019 14:48:03

BTW, where did you see the Slater purchase?

[mctmct] 26/9/2019 14:46:51

Petewy

40p for SPSC but only 60 for the unrestricted SPSY. No-one would buy SPSC when it is above SPSC unless they didn't know they were essentially the same.

[petewy] 26/9/2019 13:34:20

A share spread of 40p is this normal? Slater just bought in.

[ntv] 10/7/2019 14:05:03

thanks mctmct
i am going to sort it out ready for next years dividend . I will move them ahead of next years dividend
This years tax was a bit harsh but guess I should really pay some!!

[mctmct] 10/7/2019 12:02:54

Try again - ADVFN deletes email addresses :Brian E. Mclain is bmclain (insert an at sign) spsy.com

[mctmct] 10/7/2019 12:01:10

Brian E. Mclain

[mctmct] 10/7/2019 12:00:28

NTV. Re changing to ordinaries.

Firstly, I hold SPSC in my SIPP and SPSY in both SIPP and ISA - both are with AJ Bell. I can't see why you would need to convert in order to hold in an ISA.

Secondly, this is the reply I got from SPECTRA's FD about converting to ordinaries:

"Computershare has indicated that the restricted stock could be held in CREST and indicated that if they are held in CREST the broker should complete a stock withdrawal into a certificated position. I would suggest that once your broker confirms how the shares are held, you contact Computershare directly as they, as our Registrar, have the procedures to remove the restrictions and will need to process the paperwork.

Their contact information is as follows:

Computershare Investor Services (Jersey) Limited

C/o Queensway House

Hilgrove Street St

Helier Jersey

JE1 1ES

United Kingdom"

The FD is Brian E. Mclain and he has always replied promptly and professionally to emails.

[ntv] 09/7/2019 17:39:45

yes it should 15% tax in ISA
more outside
going to try and change these to ordinaries so I can move them easily to an ISA for next years dividend
Some brokers platforms don't recognise this class of share
not looking forward to trying to exchange for ordinaries

[mctmct] 09/7/2019 07:17:32

And in mine. Should it be taxed?

[ntv] 09/7/2019 06:54:22

At last my dividend is in my account, over a week late but I doubt it is the company's fault

[ntv] 26/6/2019 19:17:02

nice dividend cheque tomorrow

[mctmct] 28/1/2019 09:44:35

Can’t be done by AJ Bell. They have to be certificated first!

[ntv] 28/1/2019 09:08:07

mctmct
Have you converted your shares to the "ordinaries"?
if so how long did the process take?
TIA

[ntv] 02/1/2019 08:24:43

picked up a few more this morning

[mctmct] 20/12/2018 16:38:41

I contacted Spectra through the contact form on their websiteto ask how the conversion occurred and got a response within minutes from Brian McLain, CPA, Chief Financial Officer, Spectra Systems Corporation saying this

"Because we are a US based company, but traded on AIM, the shares are typically restricted for one year from the date of issue. The shareholder is required to complete certain paperwork and return the original stock certificate to Computershare, the Company’s Registrar. Computershare will then request approval from Spectra’s attorneys to remove the restriction and upon obtaining the approval, will re-issue a new certificate without a restriction."

[mctmct] 20/12/2018 15:00:00

More SCSC have been converted to SPSY.

[ntv] 10/12/2018 08:08:10

that is a nice update to have in the current market

[ntv] 07/6/2018 17:07:12

xd today , a handy 6 cents per share

[ntv] 01/6/2018 11:02:32

hi mctmct
i am not sure how it works and i really must get round to contacting the registrars to find out how to swap to the ordinaries
has potential to be a cheap way in so not saying a lot
you get the same dividend as the ordinaries and that is all i am bothered about at the moment