Spectra Systems Share Discussion Threads

[junior21] 04/7/2017 22:31

Mine hasn't been credited yet, but unless it's held within a SIPP it will be minus the 30% withholding tax.

[tilly99] 04/7/2017 21:01

What divi did anyone get here?I think I've been shortchanged!

[tilly99] 13/6/2017 07:31

Yes Junior I won't welcome any further falls and with another 5c dividend next year I think it's very unlikely that we fall below 55p..hope so!!

[junior21] 12/6/2017 21:23

Well the market cap net of cash is c£20m at these levels and that's after the dividend payment. Next year's dividend will be 100% of earnings. Amongst other things to note the in house manufacturing facility for the G7 bank only commenced in q4 last year therefore I expect profits to grow again this year.

Any further drop in share price may be welcome for some shareholders that weren't able to take full advantage before rapid rise to 70p. That obviously excludes you Tilly!

[tilly99] 12/6/2017 09:45

I'm upgrading my stance from a buy to a strong buy58p takes no account of the yield or growth prospects and the fall is way overdone

[tilly99] 11/6/2017 12:57

Ran up to fastSaid 60 to 80p trading range till we get contract newsStrong buy here at 59pFallen on no volume

[pj 1] 09/6/2017 18:46

The joy of holding illiquid small caps....

Illiquidity works both ways. As good as trebled in 3 years, ignore the noise, run your winners imo.

All noise currently.

[simso] 09/6/2017 16:16

It is the third time in three months that I have experienced this when a notably large dividend payment went ex-div, and the fall in price was then disproptionate. It happened with ScS (yield of c9%) and NAH (yield over 10%). It is completely irrational, but it almost feels like some weak holders wait for the divi before selling. Another theory, which I am sure I read Robbie Burns say something about, was that some momentum traders just pick up on the share price drop and help accelerate the trend down, indiscriminately of whether the initial drop was going ex Div. either of those theories are almost too bizarre to mention really.

[rafieh] 09/6/2017 13:27

Just bought back some of the shares I had sold at 67p. The drop seems way overdone for absolutely no reason other than payment of the dividend!

[weird_dave] 09/6/2017 11:42

I really am not understanding this drop.

[fozzie] 09/6/2017 10:20

That hurts!

[simso] 08/6/2017 19:26

The share price went down by more than the value of the dividend, which always seems to happen to stocks with a very high yield when they go ex div. We will lose 15% withholding tax too, depending on which vehicle you own the shares through

[tilly99] 08/6/2017 10:11

Xd today Paid end JuneI assume currency relevant when paid

[sonofbanjosinger] 08/6/2017 08:23

Ok had it wrong then.

[pj 1] 08/6/2017 08:21

According to Stockopedia its ex div today

[pj 1] 08/6/2017 08:20

Unsure- is it ex div today as any holders this morning will be on the record date tomorrow. I always get it the wrong way around

''It therefore intends to pay an inaugural annual dividend of USD 0.05 per share on or about June 30, 2017 to shareholders of record as of June 9, 2017''

[harrogate] 08/6/2017 08:17

It is ex dividend today I am sure

[sonofbanjosinger] 08/6/2017 08:15

Strange to sell the day before it goes ex-dividend .

[tilly99] 30/5/2017 08:29

Nice big fat juicy dividend next week!!

[tilly99] 15/5/2017 09:48

Sometimes they don't know?!Probably just momentum buyers but did feel like seller had finished and nice juicy divi soon

[simso] 15/5/2017 09:31

Tilly, possible I guess...but normally for weekend tips, the MMs would have them marked higher from the opening bell, whereas these have risen more around 9.00am

[tilly99] 12/5/2017 09:06

Titon up another 6pct todaySpsy next Price target 120p