Spectra Systems Share Discussion Threads

[crazycoops] 25/8/2022 13:04

Regarding withholding tax. With most providers, the situation is (or should be):


ISA 15% wt
SIPP 0% wt


Makes a difference to hold these in the right account.

[nico115] 25/8/2022 12:56

Tipped in IC

[harrogate] 25/8/2022 12:47

Well that is unusual !!

[brucie5] 25/8/2022 12:12

I wouldn't know, having only ISAs.
I imagine the share recovery in value, here as elsewhere, will need to be a function of increasing dividend on back of sustained profitability.
And how they are dealing with rising costs.

[nico115] 25/8/2022 11:21

That's before the withholding tax of 15pct ,correct Although in a Sipp I think there is no withholding ?

[brucie5] 25/8/2022 11:17

nico11525 Aug '22 - 11:15 - 5724 of 5724
0 0 0

Figures next month and with the recent buyback I’m expecting them to read very well and a retrace of our shares up to 145p as a forward yield of 8.5pct is just too compelling.
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Indeed. But don't forget the withholding tax.

[nico115] 25/8/2022 11:15

Expected ebitda of $9.6m 2025 forecast and a current market cap of $65m with rising cash balances and dividends,this is still one of the cheapest growth stocks on Aim.95pct of smallers are falling so I'm not perturbed by our shares at 125p.Figures next month and with the recent buyback I'm expecting them to read very well and a retrace of our shares up to 145p as a forward yield of 8.5pct is just too compelling.

[pj 1] 23/8/2022 18:59

Good MAN....

[sonofbanjosinger] 23/8/2022 18:52

Already done ....no spilling of the beans. Prehaps l might have another go if l am in London in a couple of weeks ...

[pj 1] 23/8/2022 17:15

Maybe those who are in regular contact with Nabil and actually get a response could ask him to elaborate in more detail the transformation events opportunities which he has been promoting for 6 years or so now.

[sonofbanjosinger] 22/8/2022 21:39

Harrogate yes l understand ... l never thought about the massive amount of notes plus the 30 odd countries that use it as currency plus obviously it being the world currency... it would a mammoth task but at some stage wouldn't the said central bank just run polymer and paper together the last upgrade in it largest note was 2021 but even notes printed in the 60s are even now legal tender.... so new sensors coming on track in 2025 would need to read paper notes and polymer together ... l don't know if this would even be possible.....

[nico115] 22/8/2022 17:44

Sorry misread

[sonofbanjosinger] 22/8/2022 17:06

One last question ...as l am quietly pickling my brain in Rhodes .. what does the UK use in their polymer 50 pound notes ....

[sonofbanjosinger] 22/8/2022 16:44

Harrogate no problem it always good to discuss ideas with fellow shareholders ... this is what the board is for ...

[harrogate] 22/8/2022 16:40

I am talking about the G7 CB. They are wedded to paper and given the cycles on this that is my guess. Spsy will hopefully have many Fusion customers by that time. But anyone holding here in the expectation that the G7 CB that is Spsy major customer will be using Fusion in next 7+ years probably should sell

[harrogate] 22/8/2022 16:37

That is because I don't know. Maybe it will emerge along with the interims. Maybe they are including something else in the notes, maybe they are tweaking the paper spec and need Spsy to alter the kit spec, maybe they need the readers to operate at a faster speed due to higher volumes in circulation than expected and need Spsy to change the optoelectronics. Many possible scenarios. But moving to polymer won't be one

[nico115] 22/8/2022 16:32

2035 ? You better sellOut mate

[sonofbanjosinger] 22/8/2022 16:19

If you are right then Nabil might as well not bother with sales and marketing of fusion .. save the money and gives us some more bonus ... you still haven't answered the question why the contract has been upgraded by 40 percent ....

[harrogate] 22/8/2022 14:58

I doubt we will have a Fusion customer for the next couple of years and when we do it will be a small CB that is transitioning from paper and so therefore has no incumbent polymer suppliers. Timescales in currency are glacial. I would think given the cycle they operate on the earliest the G7 CB we are talking about would move to polymer would be close to 2035

[sonofbanjosinger] 22/8/2022 14:49

Not frustrated at all ....the dividends already pay for my life ...l already have my own reasons to think that is more than a possibility..... but with your train of thought and as you say central banks taking decades on polymer ...when are you expecting any contracts for Fusion .... it makes perfect sense to me that a central bank that has already spent decades as a trusted partner with Spectra ...would be the first ones to take the plunge with Fusion.

[harrogate] 22/8/2022 14:35

You guys are turning into fantasists. I think it must be the share price frustration ?

[fft] 22/8/2022 14:33

It could be possible, but does anyone have any idea what the cost benefit analysis of moving to fusion would be, say over 10 years ?If the benefit was large enough, I suppose it would be possible to conduct tests and get it into production with perhaps a years delay.

[sonofbanjosinger] 22/8/2022 14:15

Well if you was going to start to go over to polymer... the best time would be when you had just about to install a new generation .... any idea what the 40 percent increase in the contract is for ....

[harrogate] 22/8/2022 11:44

Any decision to move to polymer is not going to be made on the hoof like that - it will be literally decades in the making. The extension of the dev programme is clearly good news and must increase the likelihood of the sensor order being at the top of the range size wise. They told us about the spend on Fusion marketing to stop any thought of this upgrading profits and because they need to increase marketing if they are going to get it in the market.