SP3 (Spectur Limited)
1st Pilot buy today for around 6 months and the only trade of the day @ 0.17.
Straight away capper came in and placed more on top of the sell side at 0.18 was a good sign imo. I placed a Buy lower just to see the reaction of 'The Seller'
Catalysts
- Awaiting Company Update
- Unaudited Quarterly activity report / receipts
- Hoping for 'other' revenue related news
- Perhaps a left field announcement on how the US early establishment may be progressing
- Update on Tier 1 clients, maybe further Gov't contract also
- Possible ''Cannabis Sector'' perimeter Security trial or contract
Short Term TA share price Targets
- 21 cent gap Fill
- 25 cent previous support zone
Basis of $Investment and my Estimated December 2018 Receipts , based on 2017 results (As a Minimum)
September 2017 Total Revenue = $441,000
December 2017 Total Revenue = $700,000
September 2018 Total Revenue = $830,000 (plus 'other' revenue - not included here)
'Estimated' December 2018 Total Revenue = $1,200,000
With a current MC of just $8 Million, Spectur Limited is well undervalued, especially with increasing $Margins, as they are now hitting 60% Profit Margins.
Still can be a risky play buying here, but based @ 15/15.5 late 2018 as per my predictions and chart analysis on the SP3 thread mid November, it seems to be playing out, as I believe this Company has very good fundamentals and concentrating on the job at hand, growth and expansion, despite what is being suggested on the SP3 threads.
Daily Chart from 8th Jan (As you can see Low Volume sell down to almost nill)
View attachment 1411427
Weekly from 8th Jan (much of the same)
View attachment 1411429
(20min delay)
