Spectra Systems Share Discussion Threads

[tilly99] 05/4/2018 16:37

Wow no selling at end of tax year!!Only managed to buy 28k today : (Feels like I bought any loose stock that was around the last two weeksJust need one of those 3 to happen and 150p straight away imho

[tilly99] 04/4/2018 20:20

Aeris,India or Trubrand Only need one of these to come off and we double from here

[tilly99] 04/4/2018 16:54

More bloody tariffs : (

[sonofbanjosinger] 03/4/2018 21:15

Well done Tilly...good price.

[tilly99] 03/4/2018 19:18

SonofaWhere were you today!!?? We said mid 80sThink that will be the years low barring a market crash Brave prediction?!!

[tilly99] 03/4/2018 16:03

Couldn't resist buying 46k at 86.25 82p Xd which minus cash is a pe of 7.7 if they beat expectations twice this year which is what I'm hoping for And that's with nothing in for trubrand!!Compelling

[lord gnome] 03/4/2018 10:30

Still here for now, Tilly. I still feel that this will come good. Misplaced optimism or confirmation bias? Probably at least one of the two.

[tilly99] 03/4/2018 10:29

Ignore that as pe based on what I think we will make this year!! More like a pe of 12 ..hahaLord gnome ..what are your favourite 3 stocks ?

[tilly99] 03/4/2018 10:23

Pe of 8 without trubrand and cash so just depends what sort of pe this should be on if there isn't any growth prospects without trubrand(which I still believe will be worth something)Maybe a pe of 5? But that will be v cheap!! LolAs we know markets take stocks too high and too low..we are approaching the latter but the markets are lethal and I've seen some crazy things in my time ..like howdens at 11p and ashteads at 2p!!

[tilly99] 03/4/2018 10:10

Have you sold out me Lord ?

[lord gnome] 03/4/2018 09:49

Spectra's share price suffers every time Trump opens his big mouth. Any chance of a big Chinese deal has now receded into the far distance.

[tilly99] 02/4/2018 23:15

SonofaWe must be patient The best stocks get hit in the downdraft of the marketThis has another 10pct to fall before we can expect the uptrend to kick offI always said 90p post the figs but feel the tech sector rout means we may still be able to pick up some cheapies in the mid to low 80sBeen offered 3 decent amounts at or near the bid last week which means a further weakening barring any news

[sonofbanjosinger] 31/3/2018 14:17

Prehaps we get a larger discount for ordering larger amounts and with the margin at near 80 per cent can't really see an issue. I suppose Tilly with you extra large holding it is easy to get hung up about the detail. Just remember Titon last year when Rainmaker was saying to sell ..now its sitting 50% higher. I remember everyone telling me l was crazy sinking my last 50k into BMN at 1.3p although now its sitting at 14.2p.

[simso] 31/3/2018 13:13

Tilly, I agree with harrogate's interpretation of events, and am pretty relaxed about this. I think Phosphour Sales are lumpy, and that the low Receivables and High Stock at year end do imply that final quarter of 2017 sales were lower than normal, in advance of a positive "lump" in the first quarter on 2018. SPSY delivered the $4m PTP "ahead of expectations" for 2017 despite this phasing effect. The Ireland note also confirms the positive start to 2018. I think its more likely to be good news rather than bad, and certainly not concerned about it.

[sonofbanjosinger] 31/3/2018 11:49

Did you ask FD why we held such alot of stock?

[sonofbanjosinger] 31/3/2018 11:47

Hi Tilly, for me Spectra is backed with a dividend now..no debt and a lot of irons in the fire we already know they are ahead this year and if the bottom is 80p....well then l can sleep even better.

[tilly99] 30/3/2018 15:17

I did ask and he said would go in first quarter Had a chat with FD yday who said it would be lower later in year but not by much It's niggling me and stopping me from buying more so get to bottom of it for me please and our shares won't fall so much!!

[harrogate] 30/3/2018 14:54

Maybe that means that they had a few shipments that didn't go in Q4 and so it will reduce in Q1 2018 so in fact it could be good news!!. Did you not ask again when you met Nabil recently.

[tilly99] 30/3/2018 14:49

Not how it was explained to meWas told would be reduced in first QTRWas also told it will be slightly lower by year end Hmmmmm,can only be bad news imho...or to put it another way it could v well be bad news Hey ho..

[harrogate] 30/3/2018 14:35

Tilly. Inventory is £2.66m not £3.5m. I agree it look high given sales and COGS but it has always been high. I think when we had this discussion a couple of years ago we agreed that there was every chance that on the banknote and related contracts part of the contract is that SPSY have to maintain a high level of the materials for security of supply purposes and with the newly renegotiated contract we announced it could be that this requirement has increased. On the flip side I think we would all agree that trade receivables are pretty low as a % of sales so on balance working capital is reasonable

[tilly99] 30/3/2018 09:29

I kept asking about this inventory matching a years sales!! Everyone just said not a factor..well I think it is and for this reason I see us falling to 80p unless we get some trubrand news or a buybackThat is the biggest negative about this company..why the hell have we got 3.5m gbp of inventory ??!!! Sonofa..I would stop buying and look for nearer 80p as the tech sector is v weak,im normally a buyer on weakness but I do think we are going lower short termFurther out I still think we double but this inventory number is a worry and I need to speak to the analyst to get more colour on it

[tilly99] 29/3/2018 17:54

There is still one thing that concerns me here ..no one has allayed my fears and I've not seen it in any other holding of mine..ever!!

[horndean eagle] 29/3/2018 17:51

It wouldn't be a bad idea for the company to use its cash pile to buy back shares. Hopefully something in the pipeline. Clear out overhang from down under.

[tilly99] 29/3/2018 16:58

Likewise ,got plenty so not buying at the moment Was offered stock at the bid todayPrice is wrong on screen

[sonofbanjosinger] 29/3/2018 16:14

I might wait for a while..got plenty for the time being.