Spectra (unres) Share Price (SPSY)

Spectra Systems #SPSY showcases robust financials with a 4% dividend, underpinned by a clear growth roadmap. Short-term prospects (2024-2026) span sensor contracts to security materials, while long-term (2027-2030) eyes global passport security and high-value holograms. tinyurl.com/2rsxcyh2

https://x.com/lemminginvestor/status/1774070217263460476?s=46

I don’t really believe most of that stuff. I work in asset management and, whilst we don’t really touch companies sub £100m mkt cap, a lot of these boards of full of absolute tripe as to how “II's” work. (Love the acronym II…we never refer to ourselves as such). I didn't on it move today. I already hold and will add when I’m ready. Busy reviewing a few private placement opportunities ahead of tax y/e.

Norma, I hope you got in below the 220s. I got 219.5 but I know it was down at 217, I didn't buy more in case it went even lower. The conspiracy theory boys often say, they drop the price to try and get stop losses triggered then they can buy cheap shares for the big boys. How do you ever work out which direction shares are going to go?

One thing that annoys me on this share is the spread. Someone sells at 214.55 and then 7 minutes later someone buys at 221.5. Then there's the commission. No wonder it's so difficult to make money on shares.

27-Mar-24 11:11:54 221.50 3,380 Buy.

27-Mar-24 11:04:15 214.55 4,117 Sell

GLA

Ditto. I have only just bought in but like the story on a forward basis. Cartor is barely through the door at year end, so it’s all about the future execution. Very inclined to add, just want to see if it goes a little softer in the very short term.

Norma, thank you for your thoughts. I agree with you that there was nothing fantastic but it takes time to integrate businesses and SPSY is young with so much potential. We all want to make our money today and tomorrow not in a few months so people could be holding off until they see the improved results.

The SP did rise a lot going up to 230+ when acquiring CSP, maybe I am expecting too much too soon. I've been holding it since 2017 when I first bought it at £0.73, but 2 months later I had to try and lower my average due to the price being £0.60. Maybe this is another time like that.

GLA