Spectra (unres) Share Chat (SPSY)

and reason for the fall... http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SPSC&ArticleCode=ozi5u75h&ArticleHeadline=Settlement_of_lawsuit_and_termination_of_agreement

Been tipped: http://www.docdroid.net/csm5/proi-ir-may2014-spsy.pdf.html

Anyone know any reason for the drop and drastic spread (21.5%) meaning the sale value of my investment has fallen over 10% rather than the 5.62% shown above?

new interest in shares being shown , is this a good sign

Regarding news flow, the products they sell are security related, so their hands may be tied by confidentiality clauses in their contracts limiting what they can say. The company states they expect to perform strongly this year and this should gradually move the share price upwards. The recent lottery security contract was also a new positive, but I think any uptake on their bank note cleaning product could be transformational for future sustainable earnings. The share looks worth holding for that alone imho.

Nice 15% rise today too after the fall yesterday

Website also allows you to sign up to news emails!

Here's why: Shares Not in Public Hands In the terms of the AIM Rules published February 2010 and insofar as it is aware, at 10 December 2013, 12.69% of the Company’s AIM securities were not in public hands. Restrictions on Transfer of AIM Securities 4,640,894 Ordinary Shares (AIM:SPSC) trade with the following restriction: The newly issued common shares, $.01 par value per share, of the Company ("Common Shares") which were issued pursuant to an exemption from registration under Regulation S promulgated under the US Securities Act of 1933 (the "US Securities Act") and certain previously issued Common Shares which were issued pursuant to an alternative exemption from registration promulgated under the US Securities Act are restricted securities as defined in Rule 144 of the US Securities Act and may not be offered, sold or otherwise transferred except pursuant to an effective registration statement or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act. The remaining 40,610,476 Ordinary Shares (AIM:SPSY) trade without transfer restrictions. ..

Geds - I'm genuinely not sure. I was actually planning on asking El1te that next time I saw him on LSE lol And yeah I totally agree with you. I really like this share too but there is something I don't like - a lack of newsflow, and newsflow is needed for the sort of re-rate this share deserves!

Thanks Libero, much appreciated. Why "spsc" and "spsy"? I only had a small punt in spsy so not dramatic, but felt the company was really interesting. Also, results indicate a relatively progressive company with a good balance sheet and prospects; I wonder what's not to like?!

Yeah results were announced here: http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SPSC And I can only presume that the market didn't like them

Any reason for the large drop today that you are aware of?

http://www.investegate.co.uk/spectra-systems/rns/spectra-systems-provides-ics-services-in-michigan/201404290700187136F/

A nice delayed buy pending?

popped up. Still not sure whether it means anything but it could help explain the sudden buys.

Yes I was doing the same contemplating buying this morning but the spread was putting me off... Now though I may well jump in as I hope this buy that has gone through will start the ball rolling at this still cheap price :)

Nice to see the apparent clearing of the overhang. Still effectivley priced to do little, so any positive news should provide some decent uplift.

In a day where it seems almost every share fell, SPSY has sneakily rose ~11% at the very end of the day. El1te - I should have bought in already, eh? May join you soon anyway because this is still absurdly cheap Very best regards, Dan

Not really a problem, so won't address it, but make sure you use as accurate charts as possible :). If you type SPSY into the chart box on my site, and scroll down, you can see that the 4m trade was actually a 2.5m 'sell' followed by a 1.5m 'buy' by the looks of it. Remember though, websites such as LSE etc. only base the buy/sell judgement based upon the trade price in relation to the mid price. Every buy is a sell, and vice versa.

http://www.shareprice.co.uk/SPSY/SPECTRA-(UNRES)-COM-SHS-USD001-(UNRES) If you look at the one year graph you'll see that back in November there was a 4m buy (roughly 9% of all the shares in issue) and yet SPSY only rose a couple of pence to 27p. Only to since fall to 17p in February despite very little selling pressure. That's quite worrying tbh...

I was about to post that and you've clearly beaten me to it. The fact he's covered this super under the radar stock so shortly after el1te did makes me think he reads el1te's blog lol. Regardless both have done some cracking research there. Kudos to the both of them

further thoughts on this one. http://www.cambridge-news.co.uk/Business/Private-Punter/

Thanks for yet another superb analysis and bloody bravo for finding this gem in the rough. It must have taken you ages to spot haha! I wish I had the funds to invest here tomorrow because April will be good for the market in general, good for AIM, and - as you said in your article - great for Spectra! All the best, Libero

For anyone interested: Looks to be really strong upside from this level. Market has missed this http://www.theel1tetrader.com/2014/03/spectra-systems-cleaning-up.html El1te

http://www.investegate.co.uk/spectra-systems--spsy-/rns/agreement-to-test-banknote-cleaning-technology/201311250700127829T/