Spectra Systems Share Discussion Threads

[rainmaker] 02/9/2014 14:00

If I remember correctly, it said to the effect that several directors had tried yet been unable to buy in decent volume as the stock wasn't available.

[rainmaker] 02/9/2014 13:57

I think it was a poster called "protean", a while back received an e-mail from the Company, the contents of which he divulged.

[patviera] 02/9/2014 13:10

Tried and failed?

[rainmaker] 02/9/2014 12:22

But there were large purchases at 40p in 2012

CEO 100,000 @ 40p - 30th Oct 2012
CEO 25,000 @ 40p - 31st Oct 2012
Director 29,500 @ 40p - 26th Nov 2012

regards

[rainmaker] 02/9/2014 12:04

They have already tried and failed

regards

[patviera] 02/9/2014 10:32

rainmaker
im surprised mgmnt arent addding to positions
maybe they cant with talks going on

[rainmaker] 01/9/2014 18:49

Just to remind everyone of the calibre of the management at Spectra Systems(SPSY)-see businessweek profile of the CEO below-





"Dr. Nabil M. Lawandy, Ph.D. serves as the President, Chief Technology Officer and Chief Executive Officer of Solaris Nanosciences Corp. Dr. Lawandy is a Founder of Spectra Systems Corporation and has been its Chief Executive Officer and President since July 1996 and also served as its Chief Technology Officer. He serves as the Chief Executive Officer and Chief Technology Officer of SpectraDisc Corporation. From 1981 to 1999, he was a tenured Full Professor of Engineering ... and Physics at Brown University in Providence, Rhode Island. He served as the President and Chairman of the Board of SpectraDisc Corporation, a former subsidiary of Spectra Systems. He serves as a Member of Executive Advisory Board at Agincourt Capital Partners LLC specializing in Materials Science. He served as the Chairman of the Board of Spectra Systems Corporation since July 1996 and has been its Director since July 1996. He has authored over 170 reviewed scientific papers and is an inventor on 40 issued patents. He has also received a Presidential Young Investigator award, an Alfred P. Sloan Fellowship, a Rolex Award for Enterprise and a Samuel Slater Award for Innovation. Dr. Lawandy holds a B.A. in Physics from The Johns Hopkins University in 1977, an M.S. in Chemistry from The Johns Hopkins University in 1979 and a Ph.D. in Chemistry from The Johns Hopkins University in 1980."

regards

[jans3] 01/9/2014 18:00

many thanks bb2

[battlebus2] 01/9/2014 17:36

Solooiler it's a U.S. domiciled stock.

[battlebus2] 01/9/2014 17:35

Hi jans3, not unusual it's a w8-ben tax with holding form basically because it's a U.S. stock and different taxes for dividends etc depending on your nationality.
Any broker i've used to buy the stock let you buy at the time then send out the form later to be filled in, i've even bought from HL and haven't been asked to fill the form as yet. You should have been able to buy first, i'd check back with them if i were you.

[solooiler] 01/9/2014 17:31

Ooh OK :0)!

Jans go and tell Hargreaves Lansdowne that they have lost their marbles :0]. This is a UK stock!!! I didnt have to fill any forms :0S. I think they are wrong and only need correcting

[jans3] 01/9/2014 17:21

Hi all, wanted to buy in this afternoon but Hargreaves Lansdowne informed me that as this is a USA stock I have to download a form, sign it and send it back to them; bit annoyed as can see the price rising significantly by the time I get my permission to buy. Is this essential or is it just HL?

[stewy_18] 01/9/2014 10:47

Nice one El1te. The cash on the balance sheet really helps. Should be profitsble this year while we see what the outcome of the Aeris trails.

[allstar_07] 01/9/2014 10:11

Elite - Thanks for the writeup. I'll ask what everyone else is thinking... what are the other two? Pel?

[el1te] 01/9/2014 09:50

Cheers battlebus/fozzie. As we all know, the potential with Aeris is significant and the economics appear very attractive, so that supports the confidence they have. As fozzie notes, should just be a case of waiting for management to continuing to progress on several fronts.

Only 2 other companies come close to SPSY in terms of value and risk/reward at the moment and I'd probably place SPSY second in that list although it's of course subjective. However, since I've scanned the majority of small companies on AIM, that's clearly impressive. What makes SPSY so attractive from my perspective is that even if Aeris is unsuccessful for whatever reason, there is a very strong balance sheet and interesting underlying business that would protect against downside up to an £18m market cap in my opinion. Essentially, Aeris' potential is surplus, but potentially substantial surplus.

I'm pretty sure the value of IP in the intangibles does not reflect fair value either, so plenty of opportunities.

Great board here too with many seasoned investors with sensible comments and good contributions to the discussion

Best,
El1te

Solooiler - ~650

[solooiler] 01/9/2014 09:28

I am oot :0|!

[fozzie] 01/9/2014 09:07

Only 13000 bought, hardly a stampede so i am guessing not Pat. A very good article Elite, thanks. Just sit back and enjoy the ride i hope.

[battlebus2] 01/9/2014 09:04

I suspect a few have bought this morning after reading Elite's write up and realising the potential here.

[patviera] 01/9/2014 08:55

Is that reason for today's rise?

[battlebus2] 30/8/2014 21:58

Thanks Elite. I appreciate all your time and effort, an excellent write up as ever.

[el1te] 30/8/2014 21:43

Spectra Systems - Developing Aeris

New write-up on Spectra Systems available below. Feel free to sign up to free email updates via the right hand sidebar and leave comments on the article



Best,
El1te

[aishah] 11/8/2014 10:44

"Spectra hosts officials from the Central Bank of Indonesia for a preliminary round of testing of its Soiled Banknote Cleaning Technology.

The Board is delighted to announce that representatives of Central Bank of Indonesia will be at Spectra Systems on July 27(th) and 28(th) to perform tests in conjunction with our staff to evaluate the performance of the company's Aeris(TM) technology which uses supercritical CO(2) to clean soiled banknotes. "

We might be due some news soon on how the trials progressed.

[el1te] 04/8/2014 14:14

The machine that Spectra currently has is a prototype, but must be (near) fully operational since it is being used in the number of testing programs with central banks, that have been announced. Obviously, those testing programs could not be pursued if the prototype didn't work as intended. They showcased the prototype at the banknote conference

As per this RNS, ,Spectra are setting up to build a machine that is fully functional and capable of running as if it was just sold to a customer - i.e. any final kinks knocked out, and ready to operate

El1te

[mrx9000] 04/8/2014 14:07

Thanks El1te. Another question, does this machine exist as a prototype or does it still have to be built?

[el1te] 04/8/2014 14:04

Nope - the technology works on polymer notes. See post 355

El1te