Spectra Systems Share Discussion Threads

[pj 1] 21/12/2022 10:31

ref witholding tax

Apologies for raising this repetitive issue once again but it vcould have a positive effect for other investors here.

I have held SPSY in a few accounts including HSBC investdirect. Despite complaining twice that they were witholding 30% and not 15% they dismissed my complaints with a very long reasoning I am honest enough to admit I did not understand or have the energy to challenge.

I moved most of my SPSY to HL who only charge 15%

Anyway, I have today received a letter from HSBC admitting they have charged 30% in error (a system error which obv is not totally honest)and a refund of the 15% plus 8% interest, although they have then deducted 20% to forward to INLAND REVENUE.

I recall fellow investors here having the same issue with I believe Halifax and others? I hope this is of some use to you in your attempts to claim back any witholding tax.

[pj 1] 21/12/2022 09:11

Im hoping the open mark down is MM fishing for stock.

Time will tell

[pj 1] 19/12/2022 09:36

Volume please!!!

[brucie5] 19/12/2022 09:22

Breakout, if it holds.

[nico115] 17/12/2022 16:14

I can see cash increasing to c.35m bucks in a couple of years time.Should be more buybacks ,much higher dividends ,even a special divi and more great acquisitions.Our cash is valued at zero so we should be trading up above 200p v shortly.

[someuwin] 16/12/2022 13:47

Cheers - this is surely a great 2023 play! Potential for huge new business, backed up with growing income.

[crazycoops] 16/12/2022 13:41

My bad - so 9.11p for c5.6% yield?

[harrogate] 16/12/2022 13:35

That's cents not pence

[crazycoops] 16/12/2022 13:33

Forecast is for 11.3p which is just under 6% yield

[someuwin] 16/12/2022 13:21

What's the current yield here?

[sonofbanjosinger] 16/12/2022 07:17

The last time we had a gap of 2 months without a RNS was nearly 4 years ago ... obviously very busy or something big is happening or me just wishful thinking .... one of the three for certain.

[sonofbanjosinger] 16/12/2022 06:55

Yep any good RNS would push us above the 160-165 resistance level ... l reckon 2.00 then becomes the next resistance .

[pj 1] 15/12/2022 21:46

Certainly some buying pressure today, Im surprised it didnt move the share price more, hopefully its an indicator the MM are now holding the last stock from a departed seller at this level?

[nico115] 08/12/2022 22:01

10 and 37 share trades,odd

[jeanesy] 08/12/2022 19:35

What is the catalyst this time i wonder. Late afternoon surge.. leaks ?

[pj 1] 08/12/2022 19:34

Knocking on the door of a break out again..

[fozzie] 07/12/2022 22:11

I wish every time we had some buying pressure and a rise in price people would stop selling poxy little amounts that drop the price again.

[pj 1] 07/12/2022 19:25

I wish they would either sell or partner Trubrand, it needs more Sales promotion than SPSY can give it to maximise the opportunity.

[fozzie] 07/12/2022 16:35

I dream about this flying up to £3.00 and retiring, one day rodders!

[nico115] 07/12/2022 10:09

5 buys today ,tipped ?

[harrogate] 23/11/2022 07:19

Yes I agree with those thoughts. The various articles / tips should mean that any contract announcements or upgrades get a much better reaction now with more potential buyers to offset the sellers. So it is down to the company to deliver those contracts and upgrades. Fingers crossed.

[sonofbanjosinger] 22/11/2022 22:08

All l can say its getting more coverage now ... Investor Chronicle and others l also noticed it as Motley Fool today as December's pick .... its all got to help .. maybe a nice RNS of a contract win or year end report will be next leg up ...

[pj 1] 22/11/2022 17:16

Apologies for the repetition but the price action over the last couple of days re-affirms to me that we still have selling at the 160/165p range. (resistance). evident for 15 months now.

However, I believe we could at the point where the next high volume day(s) clears the seller.

[jeanesy] 21/11/2022 16:09

That would explain things thanks

[buffetteer] 21/11/2022 16:01

Investors Champion tip today