Spectra Systems Share Discussion Threads

[vprt] 05/1/2021 09:45

Absolutely agree with Nico and Fozzie; the buyback gives us all a bigger slice of the company without us having to spend any money to buy shares or (worst of all) waste it on tax.

[argylerich] 05/1/2021 09:42

Maybe they've finally cleared the overhang? We'll soon see...

[fozzie] 05/1/2021 09:41

Agree, buy the shares back from the sellers and cancel, double whammy.

[nico115] 05/1/2021 09:37

Really ?Even with the overhangs ?Surely more tax efficient to buy back than increase divi ?

[johnrxx99] 05/1/2021 09:33

If he wants to bring value, up the divi and stop the buy back.

I mean that most sincerely ;-)

[shanklin] 05/1/2021 08:12

Thank you Andrew/Sonofbanjosinger

As I think has been suggested, perhaps he could do a presentation on InvestorMeetsCompany after the next results announcement or trading update

[sonofbanjosinger] 05/1/2021 08:02

Martin nothing really l just took Nico's advice and thanked him and the team for a successful year ... l am sure he would not worry about me sharing the content as l am sure he values all shareholders the same .....Dear Andrew,Firstly, I wish you and yours a healthy, happy, peaceful, productive, and prosperous 2021.I am very pleased to have you as a shareholder and I can assure you that we will work very hard to bring value to your investment in Spectra. If in the future you would like clarification on anything we are doing, please do not hesitate to reach out to me directly.I welcome you to the Spectra family and look forward to meeting you in London as soon as we can travel again.Kindest RegardsNabil

[longshanks] 05/1/2021 07:56

This should clear some of the selling pressure :)

[shanklin] 05/1/2021 07:27

Sonofbanjosinger

So is there anything you can share with us, however vague?

Did Nabil have a nice Christmas?

Cheers, Martin

[sonofbanjosinger] 05/1/2021 07:27

Agreed l would like to know of any other company that has increased its dividend, had a share repurchase scheme in place, put out an ahead statement for last year and has been investing in its future .... l am a big fan.

[johnrxx99] 05/1/2021 07:20

Shame about the share buy back.

[nico115] 05/1/2021 07:07

Good news Nabil realises how cheap our shares are Last bought at c.130p I believe ? So this is a decent sign of confidence

[sonofbanjosinger] 04/1/2021 18:19

A very nice reply from Nabil today from an email sent a couple days ago.

[glaws2] 04/1/2021 12:43

Couple of large trades just gone through

[patient fox] 04/1/2021 11:26

At last the 3 mm's on 175p have moved,lets see if the seller returns.

[shanklin] 04/1/2021 11:25

Okay, I see its here



In the stockpicking competition, where each entrant gets to pick 5 companies, its one of the top 20

[shanklin] 04/1/2021 11:21

Where is this Stockopedia top 20 please? It is not part of their 2021 NAPS

[sonofbanjosinger] 04/1/2021 10:51

Yes nice to see looks like the Stockopedia top 20 is highlighting us ... hopefully we should see a lot more retail holders and shift the seller...

[patient fox] 04/1/2021 09:57

plenty of buying today almost full offer been paid now.

[sonofbanjosinger] 04/1/2021 09:45

Hi John remember on Sipps there is no US tax as long as WBEN form is filled out. Funnily enough l had my final compensation cheque from Halifax for the over charging of US tax which was charged at 30 percent over all of my accounts for two years. Now moved to HL with no further issues.

[johnrxx99] 04/1/2021 09:18

Many thanks Shanklin. I've done it b4 but ii are prefixing the application with a covid warning and bods working from home.

Suppose I'll have to wait until after brekers :-)

[shanklin] 04/1/2021 08:58

Hi john

No idea about how long it takes to process the initial form. However, coincidentally, I had to renew this on 31-Dec, and ii made the whole process extremely straightforward with everything done online and renewal being immediate.

[johnrxx99] 04/1/2021 08:43

OK, I've done it but ii do not say how long to approve. The US is such a hassle.

[nico115] 04/1/2021 08:29

You need to sign a W8 BenYou will only have 15pct withholding tax not 30pct Easy to fill in ,I do it every 3 years

[johnrxx99] 04/1/2021 08:22

Tried to buy today but ii showing as US stock and needs the US tax form. OI thought it was AIM.