Spectra Systems Share Discussion Threads

[tilly99] 08/9/2017 10:18

Thanks ntvWhat's your full year forecast here as you've been pretty accurate so far?

[ntv] 08/9/2017 08:41

Barclays moved 200,000 customers to its new Smart Investor service over the bank holiday weekend with assets of around £14bn. The shift was designed to appeal to a broader customer base and benefit buy-and-hold fund investors and less sophisticated customers. However the move was met with anger by many of its customers, who did not approve of the changes and suffered a raft of issues with the new site, including difficulty logging in, missing transactions and inconsistent stock pricing.

Barclay has said it is working on those issues, but many customers are still keen to leave due to the range of services Barclays no longer provides.

The bank no longer offers the ability to trade overseas equities, formerly facilitated via a white label service offered by Saxo, or more complex financial products including covered warrants. Investors are also unable to manage spouses' accounts. Previously investors could authorise access to third-party accounts with a letter of authorisation, but the bank says that this will no longer be the case for security reasons.

[fozzie] 07/9/2017 18:18

Bought lots of Ukog at 1.3 and 1.5 and then doubled up at 0.85 so very happy to hold and enjoy the day to day excitement.

[tilly99] 07/9/2017 16:41

Own up own upWho listened to my advice and paid 99 for 25k?Anyone buying sub 100p will do well me thinksBuy on red don't chase!!

[tilly99] 07/9/2017 13:01

There you have it A dull day and opportunity to buy sub 100pNever in doubt!!Don't say you never got the chance to buy : )

[ntv] 07/9/2017 08:45

these must be on the watch list of few companies dealing in covert technologies as a takeover prospect
i am guessing they are watching and waiting for the right moment, already their polymer banknote technology must be worth a sizeable amount so gives some backing to assets

[tilly99] 06/9/2017 22:22

FozzieU keep saying for the rideThere may not be one!!I wouldn't touch ukog with a barge poleSaying that I did buy them at 0.85 and sold at 0.95!!Left a lot in the table there!! Lol

[pj 1] 06/9/2017 22:15

Your short of UKOG then?

edit-apols off thread and my sense of humour!

[fozzie] 06/9/2017 21:48

Scott said he flagged the share up several months ago as being interesting and he wished he had done more research then but just didn't. He thought results were excellent and share was still one to look at do more research on. It was positive. For myself I am not buying anymore, I have free carry on enough and will just tuck away and enjoy the ride. Got enough excitement on my plate at he moment with Ukog.

[tilly99] 06/9/2017 18:39

FozzieHe didn't write much or commit did he?I've been thinking today about the figs and meeting ydayIf I wasn't a holder would I be buying stock here?The figures really were heavily weighted to the first half and unless Nabil is purposely playing things down then it's all about one thingIt's all about this tobacco contract...if trubrand wins it then we are off to the races ...if not the shares are probably worth about 80 to 100pSo no I wouldn't be buying any up here but would look to buy sub 100p on a dull day

[interceptor2] 06/9/2017 17:44

I am pretty sure that Barclays wont allow US stocks listed here to be traded on their platform now.

TD Direct are fine once a W8BEN form has been completed.

[fozzie] 06/9/2017 17:37

Thanks for the meeting feedback fellas. As I have previously said I intend to hold and enjoy the ride here, still well under the radar of most pi's. Nice little write up from Paul Scott on stocko yesterday.

[dgbell7] 06/9/2017 16:10

I think you are probably right PJ.

[pj 1] 06/9/2017 15:50

I believe its a 'barclays' thing with US stocks. I could never buy CHT through Barclays.

[dgbell7] 06/9/2017 15:46

Tilly I did ask for my dissatisfaction to be passed on up the line to the manager but I wondered if other investors had a Barclays account as well and might also complain.
Fft I don't think so , neither AJBell/YouInvest or Charles Stanley raised that issue , it was just a normal online deal.

[fft] 06/9/2017 15:42

Maybe because it is USA resident company, so you might have to fill in a BEN 10 before you deal.

[tilly99] 06/9/2017 15:39

Speak to a manager and escalate it as they must be obligated to get you a price in all Aim stocksI just don't believe they don't provide the service..it makes no sense at allThey call the market maker up and ask for a price..it's not hard!!

[dgbell7] 06/9/2017 15:30

Tilly they won't give any price at all , they won't allow you to buy SPSY at any price! It's just not on their system, seems bizarre and not a situation I have ever come across before where a broker has excluded a share. Obviously not helpful to the market is SPSY as Barclays customers can't get on board , and they would be a main broker. I have them pretty good overall , especially on dealing costs , but this is annoying.

[tilly99] 06/9/2017 15:26

Sorry 109.7However the bid is low so just get them to bid a MM 108 and I reckon you will have a good chance to buy there or there abouts

[tilly99] 06/9/2017 15:25

I did hear barclays are having problems Find out what price they are offered at on the Rsp/links (looks like it's 109.25) and make sure they honour it as 95pct of brokers would be able to deal at this price

[harrogate] 06/9/2017 15:14

Ok. Bit odd then

[dgbell7] 06/9/2017 15:12

Harrogate no I have the right EPIC ok and even phoned them but they say just that it's a share they are looking at and can't currently offer on their platform. I don't know if this is an issue to do with their migration to a different corporate structure at the end of August or something else but you know what a nuisance it would be to move a whole ISA so I'm not sure what options I have. Different family members are with different providers and I did a lot of buying elsewhere yesterday with no problem at all.

[harrogate] 06/9/2017 15:06

Are you sure you are buying the right share - they have 2 tickers - one is restricted stock - you need to do SPSY not SPSC - that might be the issue

[dgbell7] 06/9/2017 15:04

I've been trying to buy this stock on Barclaystockbrokers platform without success as they say it's not one they currently support , although I've had no problems with other platforms. Anyone else with Barclays? Seems unhelpful when such a large broker won't trade it. Looks a very promising share.

[simso] 06/9/2017 10:58

Hi Tilly, was good to meet you too. In terms of my $5m EBITDA, that assumes $2m for H2 having already delivered $3m in H1. In PBT terms, I would assume c$0.5m of Deprec/Amort in H2...so c$1.5m of PBT. I would be surprised if we cant deliver something like that. Most of the $0.5m D&A is Amortisation of goodwill, which is obviously not an ongoing cash cost...so I think EBITDA is a reasonable metiric to measure this business on.