Spectra Systems Share Discussion Threads

[sportbilly1976] 30/6/2014 16:17

rainmaker,

cheers for that, many thanks...WHI controlling the price both ways then.

Odd that they are quoting at 10k, yet can only get a hundred or two online.

[rainmaker] 30/6/2014 16:14

Hi SP,
Re Level 2-

On the bid,I have

WHIS 10k @ 28.5p
WNTS 3K @ 28.0p
LSA 3K @ 19.0p

on the offer

WHIS 10k @ 30.5p
WNTS 10k @ 32.0p

Hope that helps

regards

[sportbilly1976] 30/6/2014 15:51

would someone mind posting a L2 screenshot please...be interested to see the brokers on here and their respective market size?

many thanks in advance

[andrbea] 30/6/2014 15:32

SCCO2 cleaning at 60°C and 5000 psi was shown to be effective in cleaning conventional straps of 100 banknotes, extracting nearly 4% of the initial strap weight. Measurements of note soiling distributions on a banknote sorting machine running at 10 banknotes per second showed a significant shift in soiling levels after cleaning, supporting the claim that processing of SCCO2-cleaned notes would result in significantly fewer notes being classified as unfit due to soiling and shredded.

Read more at: hxxp://phys.org/news/2014-01-laundering-moneyliterallycould-billions-dollars.html#jCp

[sportbilly1976] 30/6/2014 15:25

can buy up to 200 shares online now :)

route to dealer for 200+ trades

[sportbilly1976] 30/6/2014 14:31

'Tis a very etch-a-sketch style chart...next resistance at 30p mid. Although when it moves it certainly seems to go some (Oct'12 for example!)

[andrbea] 30/6/2014 13:59

olsd article, but sets the picture

hxxp://www.pbs.org/newshour/rundown/cleaning-dirty-bills-could-save-the-worlds-treasuries-billions/

[patviera] 30/6/2014 13:20

Thx Rainmaker

[sportbilly1976] 30/6/2014 13:17

well at least the 45k sold have given the Mm's something to sell :)

[stewy_18] 30/6/2014 13:10

Cash burn is about $2.5 million from last year, so they are not going bust any time soon. I think the tipping point to profitability will be this year or next.

Things looking good on a 3 year time frame.

[rainmaker] 30/6/2014 13:02

I would definitely NOT be a seller at £1 because it's very clear to me that the share price will go much, much higher.

regards

[patviera] 30/6/2014 12:58

Is there any cash burn? The mkt normally ignores the cash even if there is no burn eg,dwha!!
If they were 100p today would you sell your holding rainmaker?

[rainmaker] 30/6/2014 12:55

Yes Pat, that's the logical conclusion and the current valuation is still very cheap, at current £/US $ rate of circa 1.70 the Company has net cash of nearly £8mln v a current market cap of some £13.

regards

[patviera] 30/6/2014 12:49

If we have no competition surely we are going to win a lot of contracts?

[rainmaker] 30/6/2014 12:45

Hi Stew, I apologise but I was summarising the situation for anyone new to this share and unfamiliar with the Company and its markets. I think there probably has been a leak but regardless IMHO it's very obvious that they will win large contracts in the coming weeks and months and that by year end the share price will be trading above £1 which is where it was when first floated a few years ago in 2011 and the fundamentals and prospects were no where as strong as they now are.

regards

[stewy_18] 30/6/2014 12:40

Rainmaker,

We are well aware of the fundamentals, and this is why we are invested. What I am trying to work out is why the sudden jump today. Has it been tipped somewhere?

Praying for a leak on the note cleaning trials.

Best

Stuart

[rainmaker] 30/6/2014 12:39

Think about it, Spectra Systems (SPSY)are a £13mln market cap company and the sole supplier of a product in a market they reckon to be worth £1bln plus ongoing service revenue.To imagine that they will win contracts for their bank note cleaning technology does not require a great leap of faith since they already have two G2 Central Banks as customers and there are substantial cost savings involved for Central Banks in cleaning soiled bank notes rather than replacing them.


AIMHO,DYOR

regards

[rainmaker] 30/6/2014 12:28

I'm sure where're crazily undervalued and I would be very surprised if we're not trading above £1 by the end of the year but Investors have to do their own research as I have done mine and make up their own minds.

AIMHO, DYOR

regards

[rainmaker] 30/6/2014 12:26

Please everyone read the following very carefully, taken verbatim from Spectra Systems annual report and accounts, recently released

"Spectra Systems market opportunity has expanded dramatically with our introduction of the worlds first banknote cleaning system,Aeris™. WITH NEARLY 150 BILLION BANKNOTES MANUFACTURED YEARLY AT A COST APPROACHING $10 BILLION ANNUALLY along with the increasing demands that governments reduce costs,we are poised to capitalize on our banknote cleaning technology. AERIS MACHINES HAVE THE POTENTIAL FOR GENERATING OVER $1 BILLION OF HARDWARE SALES with ongoing service revenue."

"AERIS HAS NO COMPETITION, and once patents are granted, WILL BE OUR MARKET EXCLUSIVELY.The combination of the banknote authentication market, where we are one of several competing companies, along with the Aeris banknote cleaning system, WHERE WILL BE THE SOLE SUPPLIERS,dramatically expands the market potential of this sector of our business."

Please that Spectra System's current market cap is around £13mln and that the CCompany are actively pursuing contract wins for Aeris as they are ongoing trials with two G2 Central Banks, the Mexican Central Bank and there was a demonstration given to Indonesian Central Bank representatives recently-see recent RNSs

regards

[checkers2] 30/6/2014 12:19

great chart, great fundamentals lovin it

[fugwit] 30/6/2014 12:13

Market waking up very slowly I'd say.....

[stewy_18] 30/6/2014 11:57

Whats going on? A leak perhaps?

[battlebus2] 30/6/2014 11:35

Paying 30p now :))

[sportbilly1976] 30/6/2014 11:28

just trying a few dummy trades with Halifax - even 50 shares gets routed to dealer...absolutely no online buy quote!

[battlebus2] 30/6/2014 11:25

Yep i was quoted 30p for 10k worth earlier this morning.