Spectra Systems Share Discussion Threads

[sonofbanjosinger] 24/2/2022 18:35

Spectra Systems a leader in machine-readable high speed banknote authentication, brand protection technologies and gaming security software, is introducing its FusionTM machine-readable, covert polymer substrate at the Banknote Conference in Washington DC this week. Dr. Nabil Lawandy gave a presentation on this new breakthrough in security for polymer banknotes which was well attended and well received. In addition, several strategic partners and central banks were invited to the company's suite where there were demonstrations of the product and samples available for inspection. Dr. Nabil Lawandy, Chief Executive Officer, stated: "We are extremely pleased with the response to our breakthrough product and the opportunity to have in person discussions with potential customers and strategic partners."

[nico115] 24/2/2022 14:55

Upto 2030 ?Hard to know but I think by then This is so positive ,the numbers could be parabolic

[shanklin] 24/2/2022 14:53

Over what sort of timescale might that happen nico? The 10 % market share that is.

[nico115] 24/2/2022 14:15

Reading the Irelands note we should capture 10pct of the polymer substrate market due to our enhanced security feature This will propel profits and re rate us I have a 20 pound target here unless we get bid for by CCL before that happens

[pj 1] 20/2/2022 13:28

I accept your points nico but over 12 months SPSY is down 20% itself. A lot more from highs.

Over 24 months its roughly level, so it failed to match the bull period before this recent sell off, so you could argue our slow train crash preceded that of the general market whilst failing to follow the then significant upward trend.

However, despite my criticism of the CEO I agree with you that I would much prefer to be invested here than in some of the other non performing (dross)Shares I'm currently in.

[nico115] 20/2/2022 08:34

I pity anyone who has sold Spsy and bought other investments in last 6 months.Most will be down 25pct to 50pct Bad error.We are lucky to have a very steady share price amongst the small company slow train crash that's occurred.Nabil keeps delivering higher profits,increasing dividends and higher cash piles whist the majority of small cos are announcing profit warnings.

[patient fox] 19/2/2022 22:53

yes son he said that on mello investor podcast (5 mil).something needs to be done because last two years this has been a poor investment.many have been selling due to betters opps in the stock market.

[sonofbanjosinger] 19/2/2022 18:38

I thought he said after the sensor contract there could be a further dividend as they only need 5 million dollars going forward ... obviously l could of dreamt that up....

[nico115] 19/2/2022 18:11

Nabil doesn't like buy backs Irelands executed it awfully paying 10p over the price a seller was willing to sell at ..they are useless How a time can say we are strapped for cash is beyond me ..look at the balance sheet !! 16m bucks is lovely jubbly.Nabil has performed excellently for shareholders during covid He continues to deliver I'm sure most small cap portfolios are down by at least 30 pct over last 6 months Spsy is a sleep easy stock and I'm delighted to be a decent share holder in one of the most exciting companies on Aim

[harrogate] 19/2/2022 13:09

What a load of tosh. Where do you get that from. You can argue that Nabil has over promised and has not landed a large contract excluding the large sensor order for the CB, but tight on cash is something that Spsy are not and any forecast over the next few years shows that they aren't even with a substantial bond needed for that sensor contract

[patient fox] 19/2/2022 11:47

Finally, the Board of Directors will be extending the share buy-back authorization of up to 4,500,000 common shares through the end of March 2022,

that was from march 2021 results so i cant see buy backs coming now.He has to spend millions of the cash pile for the sensor contract.He may increase divi but i think he maybe tight on spend going forward.

[sonofbanjosinger] 19/2/2022 11:19

Perhaps he is saving the money to give us an extra juicy dividend payment .. which suits me as most of my holding is in a Sipp .. anyway there seems to be a buyer picking up a few shares... l look forward to any news from the conference and the results in a months time ....

[harrogate] 19/2/2022 09:42

I agree that the share buyback programme was ineffective and badly done. There was a large seller a while back - at least one - and they should have been taken out whole. The piecemeal smallish buybacks achieved little as far as I can see. I am sure there will be further buybacks when they can. Nabil will be focused on the banknote conference next week at the moment

[pj 1] 19/2/2022 09:19

Things aren't adding up here currently pauliewonder.

As you refer the last buy back was in May 2021, and we must be a year on from when the CEO confidently assured us the Company should be valued at 240p (if I recall correctly?)
We are now below the price when he ''assured'' us.

As a fellow investor said to me last week, it looks as if the CEO isn't prepared to ''put his money where his mouth is''. Yet anyway. Maybe he thinks the share price has further to fall is another subliminal message being interpreted by the Market perhaps? Add on the fact that buybacks rarely have the desired effect of rising the share price. Maybe he realises it was an error?

If it wasn't for the dividend and cash I would only now be holding a small position here until the news flow improves towards the numerous hints he has given over the years.

[pauliewonder] 17/2/2022 22:23

Does anyone know why the share buyback stopped? They can buy up to 4.5m shares and the last RNS stated they had bought 1.146m and that the most recent transaction was for 100k at circa 158p. We are now below that share price and the company has loads of cash. Was wondering why they aren't buying any more shares.

[pj 1] 10/2/2022 20:08

hmmm, Yes, seemingly trades above the advertised offer price at the time ..... very unlike SPSY.

[nico115] 10/2/2022 17:19

Looks impossible to buy

[nico115] 08/2/2022 15:04

Supply me worth 0pStrong sell

[hughez87] 08/2/2022 13:33

Check out Supply@MeCapital (LON:SYME)??#InventoryMonetisation #FutureFintechUnicorn #SMEFinance2022=Full Launch!!????Great Telegram group to keep up to date with new shareholder research and discuss progress.. https://t.me/+ZJPkz7LE1VdhNDE8https://twitter.com/bullinvestor88/status/1486707507913392135?s=21

[fft] 08/2/2022 13:31

Good find. Just as an aside a positive report here.https://finance.yahoo.com/news/why-24-return-capital-spectra-060312880.htmlAnd a different looking stock page. Like the snowflake analysis.https://simplywall.st/stocks/gb/tech/aim-spsy/spectra-systems-shares?blueprint=1854817&utm_medium=finance_user&utm_campaign=conclusion-grid&utm_source=yahoo#executive-summary

[vprt] 08/2/2022 12:59

Relevant for Stockopedia users only - update to my post 5440 on 8 December:

I complained again a few days ago about the SPSY data (e.g. EV, EY% and EV/EBIT multiple) still being wrong, and a new dialogue with Stocko today had two outcomes:

(1) Stocko say they are not going to do anything about this error for months as they are busy with platform changes. Not great... But at least they responded.

(2) I now suspect that the underlying problem MIGHT be as simple as the SPSY valuation and stats running off the SPSC share price (which trades only once in a blue moon - only one trade so far in 2022 - and with the price way off and static for weeks - now showing 135p. This - if it indeed is the real, underlying reason - could explain undervaluation and the numbers appearing to be completely "frozen". The total share count is the sum of SPSC and SPSY, which I believe is correct, but Stocko's market cap and EV appear to be using the SPSC share price - which is obviously the wrong choice among those two when it hardly ever trades.

Feel free to mention this issue if you are in touch with Stocko - including my latest thought on what might be causing the problems... (The person I communicated with did not know if this was a small or a big thing for them to fix).

In the meantime, do NOT trust Stocko's data on SPSY.

[nico115] 08/2/2022 08:04

Looks like 25k bought at 152.5 printed at end day so must go on .At last a decent buyer ! Been a while

[nico115] 07/2/2022 12:07

15 buys today Tipped ?

[sonofbanjosinger] 06/2/2022 14:24

Following on from Harrogate s point about the lack of a sales and resource .. my thoughts are that Spectra would be an excellent bolt on for some larger tech company that need to boost their R&D budget.