Spectra Systems Share Discussion Threads

[el1te] 28/4/2014 18:11

Great spot battlebus. Good news

[battlebus2] 28/4/2014 17:54

More good news....

PROVIDENCE, R.I., April 28, 2014 /PRNewswire/ -- Spectra Systems Corporation (LSE: SPSY.L) is pleased to announce that it has signed a lottery Internal Control System (ICS) services contract to benefit the Michigan Lottery, which is the first to include a dedicated Internal Control System with new service and software development capabilities for Internet and mobile lottery. The contract has an initial term of four years with provisions for extensions.

The Michigan Lottery's iLottery services will allow Michigan residents to play their favorite existing lottery games through new distribution channels-over the Internet and on mobile devices. The ICS platform will provide the lottery an independent ability to monitor and validate the Internet and mobile sales and ensure player and system integrity and security.

"Spectra Systems is excited to help bring iLottery services to the residents of Michigan," expressed Nabil Lawandy, chief executive officer at Spectra Systems. He continued, "Over the coming years, we hope to bring security and integrity of ICS services to the benefit of lotteries as they open new channels of digital distribution."

[kinkell] 23/4/2014 17:54

Elite,

Many thanks.

[el1te] 23/4/2014 17:22

I'd expect the FY results to be released within the next couple of weeks

[kinkell] 23/4/2014 17:12

Anybody know when next announcement expected?

[battlebus2] 23/4/2014 15:16

Bit of a quick reversal there and now positive. Late trade to be reported possibly.

[gary1966] 15/4/2014 16:39

Well hopefully a 20% rise will get a few people to take a look at the co and see what a bargain it still is at these levels.

[sailing john] 15/4/2014 08:59

GHF/BB2
I might have known that you would be invested here. I bought a few in March but then took my eye off the ball and didn't add to my initial holding.
GL - SJ

[hastings] 15/4/2014 08:58

What I find really intriguing here, is that while there is obvious immense blue sky potential,the shares are not up in cloud cuckoo land like many others.

As GHF said, valuation and that is, after the rise today, is little more than cash on the balance sheet. Certainly under the radar and no doubt any positive news from the company would stir up some real interest.

[harrogate] 15/4/2014 08:30

Not sure they have any to shift any more after last week.

[diku] 15/4/2014 08:15

You mean the herd is yet to come...

[horndean eagle] 15/4/2014 08:10

Its all a bit illusory. Market makers are playing games and trying to shift stock. No buying interest yet but hopefully story gets picked up by a wider audience or tipsheet and that will change.

[battlebus2] 15/4/2014 08:04

A great start to the day here :))

[glasshalfull] 14/4/2014 23:38

Hard to ignore a company trading at such a discount to NAV of 34p...when the cash balance itself almost equates to the current market cap.

We know the high margin phosphor sales have recovered via recent RNS announcement, and while certain aspects of company contracts and delivery will continue to be lumpy, the blue sky potential of their Aeris banknote cleaning system is effectively valued at nil.

It should also be noted that the company spends $2 million per annum on R&D which is fully expensed which again indicates the hidden value here.

I believe much of the overhang was taken out last week and I'd imagine a number of investors that have welcomed the opportunity to invest in a cash rich company at distressed levels.


Regards,
GHF

[glluckett2] 14/4/2014 23:22

Did anyone spot all the late-reported trades today ??

[cockerhoop] 14/4/2014 20:04

Cheers El1te, happy to be corrected. Obviously need to pay closer attention.

[battlebus2] 14/4/2014 18:49

Very good news if the overhang has gone. Should see a rise back to something that resembles a decent valuation for this overlooked company.

[99matti99] 14/4/2014 18:25

Nice one El1te, thanks.

[el1te] 14/4/2014 17:46

Happy to say that's incorrect :)

"We show that supercritical CO2 (SCCO2) can be effectively utilized to remove sebum and other oils and contaminants, including common bacterial colonies, from both paper and polymer banknotes without destroying the costly and sophisticated security features employed by central banks to prevent counterfeiting."

El1te

[cockerhoop] 14/4/2014 17:37

I understand Aeris is only applicable to paper banknotes. The youtube video only refers to paper and I'm sure they would have mentioned it if the process worked with polymer notes.

[99matti99] 14/4/2014 16:40

Does anyone know if the process is applicable to polymer banknotes, such as in Australia and Brazil? The UK has announced it will start to progressively issue polymer notes in 2016.

[cockerhoop] 14/4/2014 16:29

I'd prefer it if it (Aeris) caught the central banks imagination :-)

[horndean eagle] 14/4/2014 16:18

Overhang in SPSY was cleared last week so could see some decent upside once momentum starts to build. If the bank cleaning process gets a bit more airtime it could capture public imagination.

[el1te] 11/4/2014 14:50

Aeris System Video out. Results graphs look very promising:


El1te