Spectra Systems Share Discussion Threads

[skyracer] 01/11/2021 09:12

Yes its a small contract but it allows their marketing people to have their tails up and have something new and prestigious to talk about with potential clients. It endorses Spectra.

[boonkoh] 01/11/2021 08:12

Tiny contract over 5 years. But at least most of it will fall to the bottom line, given their huge operational gearing.

[3800] 01/11/2021 08:04

1 November 2021

Spectra Systems Corporation ("Spectra")

New Lottery Contract Win

Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies and gaming security software, is pleased to announce that it has been selected by the largest lottery in the United States to provide its Premier64 Integrity internal control system ("ICS"). The contract is for a base period of five years and has an aggregate value of $600,000.

Dr. Nabil Lawandy, Chief Executive Officer of Spectra, stated: "We are delighted to have been selected by the biggest state lottery in the United States to provide our Premier64 Integrity internal control system. The selection of ICS by this high profile lottery customer will serve as a strong reference for our products and services with other national and international customers in the years to come."

where does it say it is just for one state chillpill? $120,000 a year hardly seems worth mentioning.

[chillpill] 01/11/2021 07:24

In just one State so, yet small, plenty of scalability.

[death by donut] 01/11/2021 07:13

New lottery contract , 5 yrs , $600k.DbD

[death by donut] 30/10/2021 14:16

For the record :-)

[death by donut] 30/10/2021 12:05

FTR , Held for 4 yrs this October , in a very small pi sipp kind of way.Currently at +40% ( I added back at 170p ish after top slicing a couple of times in 18 & 19 )DbD :-)

[fozzie] 29/10/2021 13:59

Agree with you DbD. If Nabil believes the company is worth 240p why is he not buying back shares at 155p?

[death by donut] 29/10/2021 13:52

Testing my patience this one.DbD :

[ntv] 11/10/2021 16:50

Is that not what the cash is for if he thinks the share price is too low?

[fozzie] 11/10/2021 15:27

We will probably finish down on the day the way things are going, I bet Nabil cannot believe the share price action here. He must wonder why he bothers. All small pi sells again.

[boonkoh] 11/10/2021 14:30

Well this is disappointing :) lots of stale bulls selling today, and given up. Don't blame them.SPSY is really testing my patience :)

[ntv] 11/10/2021 12:25

Maybe the appointment of a joint broker (That normally means corporate action) has made ,certainly private investors a little nervous but some will already what is going on in the background and the reason behind the appointment

[shakeypremis] 11/10/2021 10:24

content to pick up the dividends and special dividends while we wait.

[jaf111] 11/10/2021 10:19

Mr Market doesn't seem to be that impressed by the "exceeding expectations"....
Very disappointing but one must remain patient!!!

[chillpill] 11/10/2021 09:56

Thanks CC.

[shakeypremis] 11/10/2021 08:50

We know how historically they have underestimated Spectra's performance...

[crazycoops] 11/10/2021 08:37

WHI have a PBT increase from $6.3m to $6.5m for 2021 (EPS from 11.9c to 12.2c).

[chillpill] 11/10/2021 07:07

That’s good news.

Wish I knew exactly what market expectations are though as waiting for Allenby research to go on their website!! :)

[death by donut] 11/10/2021 07:05

New order in and should exceed market expectations for pbta 2021.DbD :-)

[fozzie] 28/9/2021 16:15

More small pi selling today, seriously can nobody buy a good stock and hold these days? Buy high and sell low lol. I was buying at 18p 7 years ago and still adding here recently.

[nico115] 28/9/2021 15:50

I think we will make 15 quid in 2024 Pe of 4 ex cash 2028 I think we will be making 25m quid so 12 pounds price target As long as we don't go cashless I ultimately hope for 1bn mkt cap