Spectra Systems Share Discussion Threads

[shakeypremis] 13/6/2019 10:02

When does the dividend get paid again?

[nico115] 13/6/2019 09:53

No stock around Investors front running their divi payments Good market ,no sellers

[fozzie] 11/6/2019 22:56

Hi Aishah, you'd be comfortable if they were standing you at virtually nil cost, as mine are. Don't get me wrong I'd be crying like a baby if we had a black swan event here and the shares tanked, it would still hurt. Very confident in my holding here, held for a long time and hope to hold for a lot longer.

[aishah] 11/6/2019 21:02

@fozzie, that's some weight of your PF. Good luck but not something I'd be comfortable with at all.

[nico115] 11/6/2019 17:02

Revs 650k margins c60pct Look at forecasts ,they are low and always beaten As it says minimum I bet it will be substantially more ..at least 4mAfternoon weakness due to Taptica stop lossesIm a buyer at 125p,may not get there

[nico115] 11/6/2019 16:59

No buy backs cos not that exciting Maybe you should sell out Clock!!Personally I think it is exciting Add up all the contract numbers !!

[clocktower] 11/6/2019 16:54

Not that exciting - around $650,000 a year - why no big stock buy backs?

[nico115] 11/6/2019 16:33

"The contract has a minimum value of $3.2MM "Great news ..minimum !!

[someuwin] 11/6/2019 07:06

11 June 2019
Spectra Systems Corporation

("Spectra" or the "Company")

Five year Optical Materials Supply Contract

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies, and gaming security software, is delighted to announce that it has entered into a five year contract extension with an existing optical materials customer, one of the largest suppliers of security inks for the banknote industry.

The contract has a minimum value of $3.2MM over 5 years commencing April 2020 and secures Spectra's revenues for this component of optical materials used in banknotes.

Dr. Nabil Lawandy, Chief Executive Officer, stated: "We are delighted to have executed this contract which secures the use of our phoshour materials in some of the world's leading banknotes. This contract, along with other recent service and sensor development contracts further underpins our revenues and earnings visibility going forward."

[fozzie] 07/6/2019 10:22

Welcome back Son ;o)

[sonofbanjosinger] 06/6/2019 12:43

Anybody with Halifax gets truely ript off ...they take 30% off everything.

[shakeypremis] 06/6/2019 12:40

I just rang HL and they confirmed that the withholding tax is not applicable to SIPP dividends so I'll get the full amount.

[sonofbanjosinger] 06/6/2019 12:18

I changed to HL this year and they confirmed to me that there is no deduction on Sipp....might be worth a call.

[fozzie] 06/6/2019 11:59

I have a SIPP with HL and they deduct 15%

[harrogate] 06/6/2019 11:48

There is no 15% in a SIPP. I have had all dividends paid gross into my SIPP but only after shouting both years they did deduct 15% at first

[nico115] 06/6/2019 11:39

Cos dlar get us to supply the level 3 features We do a lot of business for DlarI think it's very good news long term All the pieces of the jig saw are fitting into place ,just a shame somethings gone wrong with the buyback by the look of it as missed buying a lot of stick which would've been earnings enhancing Sensors will be massive and surely nailed on Just need decent news from Trubrand or India and we will have a new big figure

[fozzie] 06/6/2019 11:29

15% is always deducted no matter that you have a W8-Ben form, deductions are made in ISA and Sipp alike.

[shakeypremis] 06/6/2019 11:21

Nico, how is that good news for Spectra? Not saying it isn't, just asking. Cheers.

[nico115] 06/6/2019 11:19

Yes agreed Isas get taxed : (Went Xd this morning but with Tuesday's news i expect us to recover back to the highs

[nico115] 06/6/2019 11:17

Bullish news out from Bank of England on Tuesday giving Dlar 8 year contract for new polymer notes is very good news for Spsy

[pj 1] 06/6/2019 10:32

Shanklin, I'm with HSBC with my (inc ISA) holdings here, and unfortunately the 15% was deducted last year and previous years.

[shanklin] 06/6/2019 10:00

Does the 15% US withholding tax on the SPSY dividend apply to ISAs but not SIPPs please? That is what happened in terms of my SOM dividends.

[nico115] 04/6/2019 17:52

Great stuff GHFYour portfolio is going great guns so very well done indeedThinking of opening up a short in Netflix as can't believe subscriber numbers are holding up with all the competition from the likes of Disney etc!Be nice if Spsy can break resistance at 140p,let's hope tomorrow is the day!!

[glasshalfull] 04/6/2019 17:21

Well nico...I was watching this trend lower with a view to adding to my position. However, you were as perceptive as ever & stole in at 127.5p this morning 😥

Managed to add 25k today but had to pay up at 135p for the last 10k. Well done... but at the end of the day it just looks excellent value down here in the immediate aftermath of yet another “upgrade”; with shares only having moved up a touch.

As you mentioned, so many different kickers to further explosive growth here. Sure, not all will come off but the core business is doing well & I’m sure Dr Lawandy will pull a few more rabbits out the hat!

Kind regards,
GHF