Spectra Systems Share Discussion Threads

[battlebus2] 30/5/2014 19:02

A very good day indeed....

[mathewawood] 30/5/2014 18:53

fozzie - "CR thread" can you expand/explain. Thanks.

[hezza123] 30/5/2014 16:51

Woo hoo, nice to see some blue on my portfolio for a change!

[stewjames] 30/5/2014 16:34

Blimey. I had to choose between SPSY and TON to sell at literally 1pm today. Lucky boy. :-)

[fozzie] 30/5/2014 16:27

Theres a research note on the CR thread with a 75p target.

[el1te] 30/5/2014 16:22

Rather an odd rise today - couldn't find any news on Google and volumes leave much to be desired!

El1te

[cockerhoop] 30/5/2014 11:56

fugwit,

Yes, with idealing.

[fugwit] 30/5/2014 11:46

Just a quickie, my online broker has informed me this is not Isa'ble. I believe that is incorrect. Anyone have this in their ISA. Many thanks.

[patviera] 12/5/2014 14:17

Thanks RM
Nice to see Mae up today!!

[rainmaker] 12/5/2014 09:36

Pat-the change in the earnings estimates IMO doesn't detract from the strong fundamentals of the business and the quality its customer and product base. I expect great things things from this Company but others will have to make up their own mind.

AIMHO, DYOR.

regards

[patviera] 12/5/2014 09:28

Rainmaker
However you did have 8.33p eps for next year which is substantially different from mkt expectations so you cannot be as bullish on these as you were?Does this mean you dont see these at 500p-1000p in the future and surely there is no major catalyst in the short term to rerate these apart from more central bank contracts?

[harrogate] 12/5/2014 08:50

Yes 1.9p for 2014..little visibility beyond that at the moment

[rainmaker] 12/5/2014 08:40

Thanks Harrogate. BTW do you have the most recent estimates?

Tia

regards

[harrogate] 12/5/2014 07:30

Hi Rainmaker. I think those were the sort of numbers that were touted when they floated in 2011 but long since downgraded. I have a very large holding here but I think it is going to take some news on a bank note cleaning deal or partnership and some much better shareholder engagement from management to get us moving up but as you say net assets provides the headroom to be patient.

[rainmaker] 12/5/2014 00:59

Harrogate and PV-I took those numbers in good faith from a financial site and I didn't expect them to be wildly inaccurate but regardless I am still very optimistic for the share price and regardless of earnings estimates we are trading very cheaply, in terms of net working capital.

AIMHO, DYOR
regards

[patviera] 09/5/2014 20:37

Rainmaker doesnt normally get his numbers wrong but 1.9p sounds more like it otherwise we wouldnt be 21p if forecast was 6p EPS with 8.3p next year with 8m qd in cash!!

[harrogate] 09/5/2014 09:39

Pat.. All that stuff from rainmaker is baloney. The EPS forecast for this year updated after the results is around 1.9p ( edited since got the 1.3p wrong )

[patviera] 09/5/2014 09:35

RAINMAKER
you wrote this 6 months ago
Guys, I've just done some checking and as far as I'm concerned the total number of shares ie restricted and unrestricted is 45.251mln(not 21mln as they have) so applying a UK corporate tax rate of 23% will give eps of 6.125 for this year and 8.33p for next so at the offer price of 32p, it will be 5.22 and 3.84 times prospective earnings for this year and next respectively. Obviously still way to low given it's growth.

regards

DO you still think SPSY can make 8p EPS next year? How did you come across this stock?Why do you think it is so lowly rated? Is the Ceo on too high a wage?What price did you buy at? Who is selling in the market as I bought 200/- very easily?

Many Thanks
Pat
ps.do you really think this could be 10 pounds? Will we need to raise any money at any point?

[pj 1] 09/5/2014 09:14

I think Eezy is inferring SPSY should print their own Bank notes! lol :-o

[diku] 09/5/2014 08:50

If SPSY could make trillions then will I make a million?...

[eezymunny] 08/5/2014 13:07

I've looked a bit more at this bank note cleaning and things are becoming clearer. I reckon SPSY could make trillions from this...

[battlebus2] 01/5/2014 18:08

Bank note cleaners indeed :))

[diku] 01/5/2014 16:28

All those who sold yesterday...did they got taken to the cleaners?...