Small Company Champion & Lemming Investors Research and Newsletter Updates

Showing posts with label Spectra Systems. Show all posts
Showing posts with label Spectra Systems. Show all posts

Sunday, 11 April 2021

Spectra Systems - Receives notice of allowance from US Patent & Trademark Office

 


Spectra Systems (SPSY) Receives notice of allowance from the US Patent & Trademark Office for banknote disinfecting technology and expects a patent within six weeks. Technology can disinfect 5 million banknotes in less than two hours by using nitrogen to create an oxygen-free atmosphere, along with heat, to deactivate SARS-2. Other applications have been filed in other regions across the world.

Chief Executive Nabil Lawandy says, "Central banks and casinos that exchange cash with the public may conclude that a proactive approach rather than denial is the logical approach to maintaining the use of cash worldwide." 

Original Zulu report 

Monday, 22 March 2021

Spectra Systems - Phenomenal FY 2020

 

Spectra Systems Corp (SPSY) shares got a boost in early trading today (Monday) on the back of the positive report of a rise in revenue and profit for 2020 as demand for banknote materials and equipment increased. Not bad, given most companies have nothing but negative reports for 2020.

The Rhode Island-based company generated revenue of $14.7 million, up 11% from $13.2 million the prior year. Pretax profit increased by 20% to $5.4 million from $4.5 million. The firm declared an annual dividend of $0.095 per share and said share buybacks will continue.

Shares were up 4.5% at 170p bid at the close today; Spectra remains 5p lower than the Zulu Growth report on 7th February 2021.



Thursday, 4 March 2021

Spectra Systems - Sees 3.5x Increased Demand for Banknote Authentication Orders

 



''Just when you thought it was safe to get back into the water''


It appears recently that another Company featured within these pages, OptiBiotix appears to have abandoned the use of Proactive Investors to elaborate on its news flow.


Spectra Systems Corp

Spectra Systems sees 3.5x increased demand for banknote authentication orders from central banks


Hurrah some people say!

However, within days along comes the elusive CEO DR. Nabil Lawandy of secretive Company Spectra Systems with a Proactive interview, which as far as I am aware is a first from him or the Company. In my 6 or so years of being invested, I believe this is the first time I have ever witnessed him speak about the Company.


Is it worth watching and noting? Err. Actually Yes. The few simple questions are answered in detail by the CEO explaining the reason for its covert nature and that the long-predicted death of Banknotes in the media and Press is a figment of their imagination. If my understanding is correct, it also implies to me that Revenue wise 2023 appears transformational for the Company when the bulk of the $50m contracts from a major central bank kicks in. It also sheds a little more light on the Company and staff set up etc.

Of course, for us as investors, the key question is when will the market start to price it in?

Enjoy, but shhhh, don’t tell anyone.


Spectra Systems sees 3.5x increased demand for banknote authentication orders from central banks (proactiveinvestors.co.uk)

In the meantime, we wait patiently for 2020 Results which should be out later this month, hopefully with forecasts for 2022 and increased earnings forecasts for 2021. There are no guarantees of course.



Sunday, 7 February 2021

Spectra Systems

 


ZULU REPORT

Whilst there are several Investing strategies it seems fair to me to say that most seasoned Investors, with maybe at least one eye on retirement and/or a future income stream steer well clear of ‘blue sky’ story stocks with a risk-balanced portfolio. A further risk is mitigated by a spread across sectors whilst homing in on the growth, the security of earnings and cash generation for dividends. So, following the same vein why would such Investors risk their cash in any Company with a subjective secretive board of directors with little investor interaction or communication, covert products and supply chains which are next to impossible to understand, who have failed to hold an AGM for years because it '' it does not have enough shareholder votes to achieve a quorum'', who had to reduce the number of board members due to concerns from one of its customers, and, at least from the outside, appears to be a ''one-man-band'' who seems able to invent things on a whim? 



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