Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The half-year 2025 results from Spectra Systems (SPSY) included “revenues and earnings are up from the six months ending 30 June 2024, with increases of 54% and 130% for revenue and PBTA, respectively” but also that “a significant tax stamp customer opportunity… has been delayed by the customer”. That saw the shares, already down from a start of the year 234p to 193p, further down to below 150p. Now at a 140p offer price, the following is why we consider they have recovery value.
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