Spectra Systems Share Discussion Threads

[hatfullofsky] 01/2/2018 12:59

Nice start to Feb after a brutal Jan (for my Portfolio). Nothing we didn't know today but nice to be reminded and keeps interest high.

[fft] 01/2/2018 12:40

Paul Scott says that no Dividend has been issued yet. Not right as we had 5c a share in June 2017.

[fft] 01/2/2018 12:32

WHI have been behind the curve all the way up. Has anyone got a WHI note I can see ? I have a feeling that 8.6c was a figure that was thought likely by PI's last October, a few 'outperform market expectations' ago !

[tilly99] 01/2/2018 11:56

I'm new to the meetings so not sure what criteria if any there are apart from being a shareholder I will certainly try to see if it's open invite or not,I always think the more the merrier but it's not my decision

[cgequityinvest] 01/2/2018 11:54

Tilly - thanks for all your insights here.

I bought-in in December so have not seen all the gains that you guys have but needless to say i have been delighted at the RNS's to date.

Paul Scott (Stockopedia) covered SPSY this morning confirming that Ireland's had increased their forecasts by 18% to $4.0m, 8.6 US cents EPS. Which equates to circa 6.1p per share in sterling. Interestingly the same is forecast for 2018 which seems conservative/requires a bit of explanation given the recent growth. At 123p that looks like a PER of 20 - both historic and forecast.

However if you knock the cash balance off (say £7.5m) then the debt adjusted p/e falls to circa 17.5. Not sure if Irelands also forecast the dividend - I will try to get hold of their note.

Would love to meet management so again if i can join in anything you can arrange with management that would be great.

[pj 1] 01/2/2018 11:54

One more please, decafe latte is fine. Id need notice though being in Manchester

[bones] 01/2/2018 11:51

Thanks Tilly, will do.

[tilly99] 01/2/2018 11:38

Will ask nearer the time,maybe Pm me your names( nearer the time) so I can ask either Nabil or Irelands if you can come ..I'm sure it won't be a problem Omg I've got a huge coffee bill on its way!! Lol

[sonofbanjosinger] 01/2/2018 11:34

Yes l would be up for that as well.

[bones] 01/2/2018 11:03

Thanks Tilly, I would be keen to meet the company for sure.

[tilly99] 01/2/2018 10:51

Will meet the company in March so whoever comes to that can have coffee and cakes on me afterwards at the local SB or Costa or wherever we all fancy

[bones] 01/2/2018 10:48

Tilly, where do you have your coffees and is there an implied invite? :)

[horndean eagle] 01/2/2018 09:47

Not a totally unexpected announcement today. Suggested after the 2018 materially ahead announcement that I expected 2017 to also come in materially ahead. Fwiw I think Nabil will blow away WHI upgraded numbers this morning as well. 8.7c I believe. He has and continues to be in under promise and over deliver mode. He has a lot of irons in the fire and is as bullish as ever. Difficult to believe but SPSY is still pretty much under the radar given no one in the wider press has picked up on it.

[someuwin] 01/2/2018 09:28

Important to remember that they already have one customer in China using TruBrand, acting as a trailblazer if we get the big orders following on this will multiply overnight...

"...Spectra Systems, a leading supplier of authentication technology for banknotes, brand authentication and tax stamps, is pleased to announce that it has entered into a six year supply contract with a Chinese manufacturer of labels for linens for the use of our new breakthrough technology, TruBrand(TM) which enables for the physical, non-image based, authentication of products using a smartphone.

This contract represents the first important adoption of the technology and will begin January of 2017. The contract requires minimum annual high margin materials revenues of $0.30m beginning 2018 whether or not such materials are ordered and has a minimum total value of $1.65m. The delivery of these materials to the new customer will not require additional staffing at the Company and will contribute significantly to our earnings.

The Board anticipates that sales of materials to this customer will provide a valuable first reference for the technology and help drive sales, particularly in China.

Dr. Nabil Lawandy, CEO of Spectra Systems, stated: "This is a milestone for Spectra and is critical for the acceleration of sales of this new enabling technology. TruBrand(TM) eliminates the need for costly readers and allows the consumer to authenticate the product themselves. TruBrand(TM) has a multitude of applications including very large scale, multibillion unit products such as tobacco in China and could be a transformative source of revenue for the company. In addition to brand authentication, our family of our other smartphone based technology variants which includes TruStamp(TM) and TruNote(TM) will also benefit from this first adoption. TruNote(TM) , our banknote authentication version, like TruBrand(TM) , can authenticate and denominate banknotes in any environment, including absolute darkness, making the technology ideal for visually impaired individuals."

[harrogate] 01/2/2018 09:16

Hard to complain about these guys in the last 12 months that is for sure! The key now will be two things I think - what they say about the dividend situation - the stated dividend policy last year if they stick to it should mean a serious increase in the divvy or a one off or a share buyback of some size. Then there is trubrand and how it is going specifically for Chinese tobacco. Really should take some profits here after holding for over 4 years but just too much could happen!!

[the shuffle man] 01/2/2018 09:14

Does anyone have any forecasts here for 2017 and 2018

TIA

[mr. t] 01/2/2018 09:07

Wow, great to see these exceeding statements rolling in.

[pj 1] 01/2/2018 09:03

molatovkid-please share your valuation metrics

[molatovkid] 01/2/2018 09:02

Looks generously valued to me....

[someuwin] 01/2/2018 09:01

TruBrand(TM) is the potential monster here...

Dr. Nabil Lawandy, CEO of Spectra Systems stated: "We believe the approval by the CTSRC is a critical achievement in the commercialization process of our TruBrand(TM) technology for the large tobacco industry in China. The opportunity for the Company is significant with over 200 billion cigarette packages being sold annually in China"

[bones] 01/2/2018 08:24

It will be interesting to see the final P&L. They seem to manage to have a break even situation in recent years but the cash rolls in.

[bones] 01/2/2018 08:23

That's got them salivating - three tiny purchases so far! Still buried and out of sight of the hoi polloi. What would happen if this got some proper coverage?

[pj 1] 01/2/2018 07:58

More 'aheads'' than I've had hot diners.

[interceptor2] 01/2/2018 07:53

Yet another ahead trading update, momentum is certainly on their side. Will be interesting to see if resistance at 110p can finally become support.

[sonofbanjosinger] 01/2/2018 07:47

All we need now is a little icing on the cake ...an announcement on Trubrand.