Spectra Systems Share Discussion Threads

[pj 1] 22/11/2017 17:06

A bit of an ominous looking chart recently, but at least we know news could drop at any time here,

[bones] 22/11/2017 17:01

Also picked up 5k at the close (78p). Avergaing down which is not really my MO but as fozzie says, the fundies say something else.

[fozzie] 22/11/2017 16:56

Nice buy rhomboid, its been a tough few weeks for my portfolio but i have top sliced or sold out of a few and happy now to start to add to some positions. SPSY is approx 10% of my portfolio so an integral part. Very surprised to be sub 80 but there we are, i suspect newish buyers getting fidgety which in turn offers an opportunity for us long termers to pick up cheaper stock.

[rhomboid] 22/11/2017 16:23

Well I couldn’t resist the November sales , I’ve bought a new chain saw...and 10000 more Spectra shares🙂

[tilly99] 20/11/2017 12:45

FftNo change on RspI bid the sellers 80pOne is finished the other at higher levels I'm not as excited about the divi as many others here ..I think it's 5 or 6c max

[fft] 17/11/2017 10:08

No movement on bid/offer. Have RSP prices changed ? On mobile so can't see.

[tilly99] 17/11/2017 08:14

Looks like one seller is finished!!Why hey!!Other seller seems relaxed and staying at higher levelsPhew ??????Now let's see what this beat of expectations looks like We've had two this year so finals should read very well indeed

[freddie ferret] 14/11/2017 16:01

Your new premium thread seems to be struggling a bit.

[tilly99] 13/11/2017 11:19

Hi microBlu is also just a fun part of my portfolio and not very long termIf i treble my money I will be out Spsy Vlty are longer term for me as I like the mgmnt and prospects on a 5 year view Wish I was clever enough to understand crypto currency!! Although not sure anyone can be certain where it will be in years to come!!

[microscope] 13/11/2017 10:56

Ha tilly from the sublime.... :) Our paths meet again... I too bought a few BLU, on Thursday, as I thought the chart was about to pop. Must confess tho I regarded it as something for pure punt money, seen a few of these new currency stocks turn out to be nothing more than boiler room specials. I remember, as I am sure you will, the Berlin 'Bourse' of a few years ago....

I can see that BLU could very easily ten-bag and turn out to be the real deal, however given that it was pure punt money, I took a profit on this morning's spike! For sure i will follow with interest and probably play the game with it a few times, and you're not wrong, could very easily ten bag, or more. However, if it does implode, it will be an ugly watch! GL with it, I hope it goes the right way for you :)

Every instinct of mine is long term, and that is 90% of my portfolio, as it would be if/when I buy here, (encouraging upturn this morning), but I keep the 10% for fun with the likes of Blu.

[tilly99] 13/11/2017 10:33

My other share of the year starting to move now Blu ..10 bagger potential

[tilly99] 13/11/2017 10:29

SonofaCan you stop lifting the seller out of his stock and not leaving any for other buyers like me : (

[ntv] 12/11/2017 21:44

Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication and brand protection technologies, today announces that it has been informed by its covert authentication technology licensee, that royalties based on finished printed notes will reach a record level in 2017. As a result, Spectra expects that its profits for the year ending 31 December 2017 will significantly exceed market expectations.

Dr. Nabil Lawandy, Chief Executive Officer, stated: "We are delighted to have received news from our licensee for covert materials supplied to 18 central banks that the royalty component of the agreement will as a result reach a record annual high in 2017. Typically the final royalty, determined by the number of printed notes containing our materials, is not available until year end. This year, we have visibility that it is already significantly above expectations for the full year. Based on our licensee's projections for material purchases, we expect the royalties to be somewhat higher than average next year although not necessarily at these record levels."

[tilly99] 12/11/2017 16:35

Someone mentioned to me on Friday that Spectra had been weak cos of the rise of cryptocurrency and the death of cash and bank notes Hmmmmm...a world without cash? I don't foresee that but may have been a sentimental consideration As Nabil said"if it don't work we will invent something else"There are many products our security and authentication technology can be put to use on.

[fft] 11/11/2017 13:45

I am only in favour of very small acquisitions that are immediately earnings enhancing. They have done that successfully in the last few years. The very small size of the company means that taking on a larger company or one that needs work could easily take mgmt eye off the ball regarding existing business.I am with simso (at least wrt cash inflows). If eps come in at 10-11c, then i see a dividend of 8-9c (perhaps partially disguised as a special). That would still lead to an *increase* in cash.There are a lot of irons in the SPSY fire and some existing contracts are very long so the downside appears to be very low, the dividend prospects good, and the upside exciting.

[tilly99] 11/11/2017 13:19

Simso Good stuff thanks I wouldn't invest here at these prices without trubrand Market cap of 36m minus 8 for cash is 28m. Probably about right without trubrand Yes limited downside but to buy at 80p what chance of doubling to 160p without trubrand? V little Anyway great posts simso Good luck I've bought into some blu for some speculative fun!!

[simso] 11/11/2017 12:43

Yes I am certainly only making the point that the operating cashflow "could" potentially sustain a 10c divi, without even starting to reduce the cash balance down to $5m. Whether they will or not, or how they will deploy the cash, is anyone's guess. I would not be surprised to see a "special" alongside the ordinary dividend, and the two together being well above 6c...and for the specials to continue long into the future.
The real issue is that the valuation of the business as it stands is compelling in its own right, before you even start to factor in the potential from TruBrand.

[tilly99] 11/11/2017 11:27

Yes maybe 6c but 10 to 11x is out of the question imhoAlso,I would to prefer to see acquisitions of the calibre we have been making This is probably in a 75p to 90p trading range until the figures or someone like herald takes out the big seller A 10c divi would mean a 100p share price so let's see!!

[xajorkith] 11/11/2017 02:03

Prepare to be shocked Tilly99 ;-)

Based on their stated intention to “distribute substantially all of the company's profits until its year end unrestricted cash balances have fallen to approximately USD 5 million”, I expect a dividend of at least 6c based on what I feel is a cautious 7.3c eps forecast.

They could of course change their dividend policy, but with year end cash forecast to rise to $10.6m, they have no reason to imv.

[tilly99] 10/11/2017 20:23

SimsoWith Ireland forecasting a 5c divi I would be shocked to see anything above 6c..10c is out of the questionI think the 5m was basically a limit In harder times

[pecuniarum copia] 10/11/2017 16:57

I make that 437,000 shares that Mr & Mrs N Slater have added (RNS 21.9.2016 = 7%).

[ntv] 10/11/2017 16:55

still nothing from the seller

[ntv] 10/11/2017 16:47

That you Tilly or are yet to announce?

[slopsjon2] 10/11/2017 16:42

Details of person subject to the notification obligation

Name Mr & Mrs Nicholas Slater

Resulting situation on the date on which threshold was crossed or reached
8.03% 8.03% 45,434,754

Position of previous notification (if applicable)
7.0% 7%