Spectra Systems Share Discussion Threads

[fozzie] 31/12/2020 13:41

A very disappointing last few months for the share price and up just 3p on the year which is just plain wrong and by no means good enough. With a good part of my portfolio here I was hoping for a lot more. I don’t suppose the board will be all that bothered by the stagnant share price and will just get on with running the company exceedingly well but I do feel that they need to do more to publicise the company and it’s potential.

[nico115] 29/12/2020 14:29

Delayed cos of covid Should get moving now I don't care about the selling Mercury sold millions at 23pW sold millions at 85pHH sold millions at 125pAnd now we are 175pI think we profits will soar here ,let the sellers sell !!

[wanttowin] 29/12/2020 13:38

Long term hold for me patient fox, couldn't resist and just added a few @ 169.50p

[patient fox] 29/12/2020 12:57

what's stopping sales of trubrand, china is running as normal?.

[patient fox] 29/12/2020 12:55

3 mm's have been on the offer for a few trading days offering about 170p to buy, 5p under quoted price.seems they have stock on their books,If the seller is not finished we could be at this level for a while.If spsy is a long term hold for you this should be a good time to add.

[shanklin] 29/12/2020 12:42

I am sure the Chinese are not letting a small thing like Covid affect their smoking :-)

[wanttowin] 29/12/2020 10:39

Still doesn't want to join the party, tempted to add a few, surely a move north is overdue ?

[kinbasket] 26/12/2020 13:00

My own understanding of share buyback programs is the company have little say on timing. A mandate is given to the house broker (usually) to buy X number of shares over a given period at a pre agreed price. That price will normally be related to some indicator. VWAP or similar. Once the mandate is given it's out of directors control. This is to avoid any kind of share price manipulation by Directors.

At least that's pretty much how it worked when I worked on the front line.

[base7] 26/12/2020 08:15

Perhaps you have answered the question vprt

[dibbs] 25/12/2020 21:30

RRE did something similar a while before their eventual sale. There were a couple of institutional holders whose holdings in RRE were too great due to the appreciation in RRE's share price. A tender offer at a 20% or so premium allowed a nice result for all.

[nico115] 25/12/2020 18:42

And the value of our cash diminishes by the day as the dollar gets devalued by the day.

[vprt] 25/12/2020 16:01

I would support opportunistic share repurchases if and when management & board believe it would be great value, with the motivation being the value creation - but NOT to try to "push up" the short term share price Let the share price go where it wants to go, and buy back when, and only when, the shares are very very cheap in the eyes of the people who know its prospects by far the best i.e. management/board.

[shanklin] 25/12/2020 12:17

It does seem an obvious solution... ...unless there are particularly good reasons for holding this much cash.

[base7] 25/12/2020 11:59

Some of you are very knowledgeable about SPSY & have ‘the ear ‘ of Nabil .The company have a buy back program which seems inconsistent ,ie they aren’t buying back regularly ,& they clearly have a large & growing cash balance so why on earth do they simply not buy back the overhang which will then allow the share price to find its true level ,rather than being held in a narrow range ,controlled by the MM due to the overhang.2or 3 million less shares in issue improves EPS & increases the stake of all holders ,including Nabil -no brainer so why hasn’t it happened ?

[ntv] 24/12/2020 18:35

Have a Happy Christmas all

[sonofbanjosinger] 23/12/2020 07:52

Correct PJ l watched and invested in a company that had 62 percent institutional holders at a low price which had no choice than to dump their holdings as the share price grew rapidly....

[simso] 22/12/2020 17:39

THanks Nico...same best wishes to you...ands lets hope for plenty of "BC Newsflow" next year!

[pj 1] 22/12/2020 17:31

Different Funds have different criteria, for example max (or minimum) % holdings of the total Fund in any one Company

This is why II's sometimes become forced sellers, Its the rules of the fund which dictates sizing (and therefore Risk), and nothing to do with the Company or direct share price performance

[nico115] 22/12/2020 17:16

From reading the Rns s Cannacors ha e also been the seller Close probably decided they have enough Yes I'm surprised Herald aren't adding Show me one other co on AimWith our prospects 10c divi in June ?

[fozzie] 22/12/2020 16:53

Has Nabil ever said anything about the Oussama selling? I have always thought Katie Potts at Herald may have increased her position here but alas not. The house broker should have asked Close, Herald and Cannacord if they fancied taking Salem’s shares that would have stopped the drip drip selling which I think has stopped us from being 220 plus. 40% of my portfolio in here and not going anywhere, actually bought a few more yesterday.

[nico115] 22/12/2020 15:55

Smart is top 5I've done hundreds of hours of research on Spsy and bitcoin as you know so they have to be my top 2Fedex and Smrt in at 3 and 4Yes if we all email Nabil and tell him we want a joint broker or a PR co then he may go ahead I've asked also Simso ,happy new year my friend You are a lovely fella and a genius as well xxxx

[simso] 22/12/2020 15:38

Yes agree...Nabil is a genius, and also very genuine and honest. He loves his private shareholder base, but agree we need to do more on the Institutional side. I have messaged him on this subject too...and the Oussama selling has really focussed the mind on our lack of Institutional support.

I thought SMRT would also be one of your hot tips for 2021 Nico....you said it was heading for £15 only last week!

[nico115] 22/12/2020 13:08

Good man fozzieShow me a better CEO than Nabil He wasn't put on this earth to lead a co with a mkt cap of 75m