Spectra Systems Share Discussion Threads

[patviera] 06/3/2015 08:11

No stock aroundCould be 25p tiday

[protean] 05/3/2015 21:51

"The fund will look to invest in situations that offer a deep discount to latent value, taking a sizeable equity stake and then driving a reform programme either on or off market."

[protean] 05/3/2015 21:47

"Worsley’s managers believe there is significant opportunity to liberate value in small cap stocks, where structural gaps in boards’ accountability often lead to material divergences between share prices and their latent value."

Nixon says: “Activism in the late noughties came to mean different things to different people, often being associated with noisy campaigns to generate a short term price rise or sale process. In contrast, Worsley follows GPG's lead of seeking sustainably improved shareholder value."

[sonofbanjosinger] 05/3/2015 21:44

This a long term hold for me and hopefully multi-bags over the next few years.

[battlebus2] 05/3/2015 21:24

There are lots of options given the cash pile and the various parts of the company, shareholder value number one aim.

[patviera] 05/3/2015 21:07

But what can they do here?

[battlebus2] 05/3/2015 20:07

You can be sure they will be activists. If Chris Mills is anyone to go by.

[patviera] 05/3/2015 20:00

Looks good rmWhat's your price tgt now?Can they be activists here?

[fozzie] 05/3/2015 14:51

Theres not a lot of info out there (that i can find at any rate), does anyone know much about Worsley? What are they currently invested in etc. Activists but ive never heard of them.

[checkers2] 05/3/2015 13:40

Profile on Worsley

telegraph.co.uk/finance/newsbysector/banksandfinance/10391092/New-fund-to-spot-activist-targets.html

[patviera] 05/3/2015 12:15

Agreed30p by march end

[battlebus2] 05/3/2015 12:14

I reckon these could move sharply to 30p , no stock available online atm which is a good sign..

[patviera] 05/3/2015 11:51

These guys aren't looking for 10 pctThey will be looking to many times their money in a stock like thisI'm raising my price target from 60p to 80p

[battlebus2] 05/3/2015 11:45

Welcome back P.J. i also joined the party :))

[pj 1] 05/3/2015 11:40

Rejoined the party with a few!!!

[patviera] 05/3/2015 11:11

V v good newsThese guys know what they are doingIt tried to buy 50 but no stock aroundSeller finished looks like

[battlebus2] 05/3/2015 09:18

Very good news i'd say...

[rambutan2] 05/3/2015 09:16

Interesting...

Worsley Investors PLC notified Spectra Systems on 4 March 2015 that, following the acquisition on 25 February 2015 of 3,000,000 ordinary shares of US$0.01 ("Shares") in Spectra - at 18p -, Worsley Investors Fund's interest in the Shares now amounts to 4,050,000 Shares representing 8.95% of the issued share capital of Spectra.




Three seasoned activist investors, Blake Nixon, Max Lesser and Christopher Mills, have joined forces to launch investment vehicle

Worsley Investors as part of a new venture, Worsley Asset Management. The fund will take strategic holdings in UK small-cap companies that are trading at deep discounts to their latent value.

[harrogate] 05/3/2015 09:07

There it is and very interesting it is too. Life might get a bit uncomfortable for the management here and fairly positive for us. These guys are activists and will want some action!

[patviera] 25/2/2015 19:49

Also looking forward to the rnsAs someone has bought c 4 oct if equity today

[fugwit] 25/2/2015 19:34

Agreed, non US firms cannot do the work SPSY do with the FED, would have to hived off somehow thereby negating a fair amount to value. Flip side there is some interesting IP here but dlr can access that already.

[battlebus2] 25/2/2015 19:30

There's no bid imv.

[rainmaker] 25/2/2015 19:28

A bid would obviously be great news for the share price in the very short term but I firmly believe shareholders would be far better off financially over the next few years if the Company were just allowed to grow organically and by strategic acquisition.

regards

[rainmaker] 25/2/2015 19:24

I know that Directors have tried and failed to buy decent (ie large) volume at these sorts of levels but it simply wasn't available. Search the posts on this thread for further details.

regards