Spectra Systems Share Discussion Threads

[patviera] 02/2/2016 13:39

I'm a buyer on weakness but won't chase blueEspecially as I think market will fall 50 pct this year

[patviera] 02/2/2016 12:45

Not sureProbably not a lotIt's all on whether they win an aerial contractIf they don't then 18p is fair valueIf they do then prospects are v goodDown on day nowDrifts to 18p I think

[muffster] 02/2/2016 11:13

What is nav per share here

[patviera] 02/2/2016 10:55

A one day blipThese will drift again Probably to 18pGood one to tuck away for long term but short term dead money1.8p so what!!!

[stegrego] 29/1/2016 20:45

Thoughts are you surely have that wrong.

[patviera] 29/1/2016 15:43

1.8 pe of 8 is 14p plus cash of 5m Shares should be 24p for fairly valued So a buy at 18p a sell at 24p?Thoughts?

[glasshalfull] 29/1/2016 10:50

WH Ireland update:-

"Spectra has completed the acquisition of certain specialty phosphour assets primarily used in the authentication of world banknotes. The assets generated revenue of $1.6m and a gross profit of approximately $1.0m in the year ended 31 December 2015 and will be highly earnings enhancing in the 2016 financial year.

Our adjusted profit and EPS estimates in this year increase 100% to $1.2m and 1.8p respectively. The consideration amounts to $3.15m, of which $2.8m was paid in cash on closing of the acquisition.

Pre acquisition, we estimate the Spectra will exit 2015 with c$13m of cash (20p/share). Thus, with the shares well backed by a cash-strong balance sheet, and a growing confidence about the sustained profitability of the business, we retain our Buy recommendation against an upwardly revised price target of 48p."


Regards,
GHF

[glasshalfull] 29/1/2016 10:46

Well done patveira for keeping the faith!

I'm with harrogate this morning. Excellent deal on the face of it & catalyst for me to add considerably.

Regards
GHF

[tromso1] 29/1/2016 10:35

Good volume as well with the 2 x 200k trades.

[galles] 29/1/2016 10:31

Finally moving in the right direction!

[tromso1] 29/1/2016 09:11

Looks like a decent entry point here.

[harrogate] 29/1/2016 08:02

Great deal - massively earnings enhancing - WHI up 2016 to 1.8p - double previous and increase target price to 48p.

[galles] 29/1/2016 07:31

Or to purchase phosphor assets!

[diku] 28/1/2016 23:56

That cash is for CEO salary!!...

[galles] 28/1/2016 23:51

I just want the share price move in the right direction! :) All that technology and cash and yet still sliding.

[patviera] 28/1/2016 20:48

FreddieHaha lend me the money?!!Galles Anyone who feels strongly should email the biggest holder..I have!!

[freddie ferret] 28/1/2016 19:00

You can go to 30% before you have to make a bid. :)

[patviera] 28/1/2016 16:42

Ha I will do my bestBut if you were on 500k, would you listen to a 4 pct holder who wanted to reduce your compensation?

[patviera] 28/1/2016 08:54

Maybe there are so many sellers cos holders are fed up with the Ceo earning 500k when the company mkt cap is 8m and makes a pittance

[fft] 28/1/2016 05:38

PAtviera,

are you N. Slater ? RNS out showing they have bought 425,000 shares in the last few days. hasn't done anthing for the share price, so looks like a seller in size out there.

[patviera] 25/1/2016 19:00

Well that wasn't hard!! 20p to 16p the charts were bang onAm I the only idiot buying?

[patviera] 20/1/2016 12:15

Still think market halves so beat not to own equities

[patviera] 13/1/2016 12:03

Wow this is totally unloved with a plethora of sellers of 50k putting pressure on price..why?Lack of newsflow? No contract wins? CEO huge salary?

[patviera] 05/1/2016 17:50

No contract wins equals a drifting share price in spectra

[patviera] 19/12/2015 14:27

RainmakerI know you were expecting huge things from spectra last year but contract wins take time and without one qe are going to drift furtherThe market hates uncertaintyThe market also hates the fact that spectra makes very little profit and what progit it does make is engulfed by the CEO who earns the biggest salary in Aim at 500k bucks a yearThat is epic and totally unjustified