Spectra Systems Share Discussion Threads

[ntv] 15/1/2018 08:04

that news was worth waiting for
tthread title means it did exactly what it said on the tin

[tilly99] 15/1/2018 07:59

Let's hope the mark up isn't too excessive or we will come rattling off again as we all know there's a decent seller 10p rise to 90p will do me!! : )

[tilly99] 15/1/2018 07:58

I thought it was interesting that 50 traded at 83 on Friday with no buyers paying 83Obviously Ireland buying off the seller:.chinese walls and all that!! Lol

[horndean eagle] 15/1/2018 07:56

I don't think an upgrade on 17 numbers is out of the question yet. They obviously had to push this one out more immediately.

[xajorkith] 15/1/2018 07:55

Quite a vote of confidence issuing a "significantly exceed" statement less than one month into the year!

Had been looking for 2017, but this is better :-)

[harrogate] 15/1/2018 07:51

Obviously good news - but they seem to have sold the long term for the medium term. There seems to be little revenue and thus profit in the last 5 years of that 10 year period quoted and so the licensee has effectively over 5 years paid for the technology for ever. Given the timescales it sounds great news for us and for cashflow and the dividend announcement should be fun as they really seem to be struggling to get that cash balance down to $5m!!

[martinthebrave] 15/1/2018 07:47

Wow!! Exclusive, worldwide, licensing agreement generating $11.2 million in royalty payments over the next five years. Also a Material Supply Agreement of $1.5 million -$2.0 million over the next five years. Materially Ahead Of Expectations!

[sonofbanjosinger] 15/1/2018 07:32

Yes thats how l worked it out, with a tasty 75% gross margin

[tilly99] 15/1/2018 07:29

"Based on the execution of these agreements, Spectra is expecting that both its revenue and particularly its profit before taxes for the year ending 31 December 2018 will significantly exceed market expectations."To me that means profit will be better than a significant beat!! Ie a lot more than 20pct above expectations Anyone agree?

[tilly99] 15/1/2018 07:27

Interestingly it means we have at least a 20pct beat to revenue but reading between the lines an even bigger beat to profits as this is made abundantly clear from the stmnt

[sonofbanjosinger] 15/1/2018 07:18

And that is before anything happens with Trubrand....got to love this share.

[tilly99] 15/1/2018 07:16

Oh yes a beat to 2018That saves me 3 coffeesThis has to test 3 figures Then again..there's still a few million to shiftCome on Herald..step up ..you know it makes sense!!

[junior21] 15/1/2018 07:08

Ha you have to laugh, here's us debating whether we'll get another beats statement for 2017 and then we go and get one for 2018! Well done Spectra.

[tilly99] 15/1/2018 07:05

Wow Now that's what I call a "blinding" announcement for all shareholders in Spectra!!Looks like im buying 3 coffees!!

[sonofbanjosinger] 12/1/2018 18:01

Yes they would only give me a max of 10k at 82 and after the second 10k they raised it to 83p. Every penny counts

[tilly99] 12/1/2018 17:03

Haha thought that might be you!!Was there any more on offer?I saw 50 at 83 trade but that maybe Ireland booking out his seller for this weekJust this bloody overhang or we would be at a quidHey ho just need some newsflow Watch the pound fly...always does as we are about to get a chunky dividend : (

[sonofbanjosinger] 12/1/2018 16:50

Nibbled another 20k this afternoon at 82p. I am positive about Trubrand....all we can do is wait and see.

[tilly99] 12/1/2018 16:28

Agreed sonofaNabil seemed fairly confident of this at the last meeting As we all know or think..any buyers near to 80p should be substantially rewarded over the coming year

[sonofbanjosinger] 12/1/2018 14:43

I would be very suprised if nothing happens with Truband this year.

[tilly99] 12/1/2018 10:53

Yup this year is all about trubrand If that wins contracts we fly If not this is what we are for the year!!

[harrogate] 12/1/2018 07:29

I am not expecting a further beat for 2017 now based on the wording of the last one which was all around having visibility on royalties from DLR ( we assume ) earlier than normal - I think this was a signal that this was it. The key now is this from the early Sept update
"In addition, based on the recent approval in China of our materials for smartphone authentication, we expect to undertake important large scale production testing and validation of the technology for use in the tobacco industry this year."

We could do with knowing if that did happen and if not why not - that for me is the crucial piece of information we need to know. If this opportunity has gone for whatever reason it will need a very decent announcement on the dividend outlook to avoid some share price disappointment in the short term.

[pj 1] 11/1/2018 23:04

Would an ''in-line'' really be that bad?

Isn'tthis share really about its opportunities?

[tilly99] 11/1/2018 18:22

Hope you're right simso

[simso] 11/1/2018 12:05

Tilly, I don't think we can assume "no beat" yet. I agree that at this point last year we had an early Statement on 4th Jan that 2016 was expect "year ended 31 December 2016 to significantly exceed market expectations". It was the first indication at any point that they had flagged 2016 being ahead.

Two years ago we got a Trading Update on 2015 on 8th Feb which said "The Board anticipates that the profit is likely to be significantly in excess of market expectations".

Even as recently as six months ago, following the superb Interims to June 17, we first heard 7 weeks later on 21st August that "Board now expects the Company to significantly exceed market expectations"

[tilly99] 11/1/2018 09:06

Looks like no beat going to happen again : (All about trubrand now!!