Top member reports
Consensus community valuation
$0.140
Average Intrinsic Value
159.3%
Undervalued by
Active Member Straws
#Director Transactions
Added 3 weeks ago

Significant insider buying

5 May 20: Cooper +400,000 for $23,200 @ 5.8 [1.5m]

24 Apr 20: Dyson +165,000 for $10,230 @ 6.2c [1.08m]

24 Mar 20: Cooper +250,000 for $20,000 @ 8c [1.1m] off market from founder

24 Mar 20: Bodeker +250,000 for $20,000 @ 8c [363,424] off market from founder

17 Mar 20: Dyson +293,000 for $20,519 @ 7 [893,300]

25 Oct 19: Biljana Smith +200,000 for $21,087 @ 10.5 (200,000)

24 Oct 19: Darren Cooper +100,000 for $11,000  @ 11 (850,000)

26 Aug 19: Darren Cooper +394,398 for $51,272 @ 13 (750,000)

26 Aug 19: Gerard Dyson +307,693 for $40,000 @ 13 (500,000)

16 Apr 19: Stephen Bodeker +76,923 for $10,000 @ 13 (113,424)

11 Apr 19: Darren Cooper +155,602 for $nil (in lieu of cash for NE Chair fees)

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#Substantial Holders
Added 3 weeks ago

5 May 20: EGP Capital become a substantial holder briefly and then ceased to enable a sell down from the previous CEO.  This has removed an overhang of shares.  EGP is positive about the long term nature of its investment but it is too small market cap for EGP.

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#Financials
Last edited 5 months ago

Latest revenue breakdown:

Hardware sales ~40%, RR from hardware sales ~18%, RR from hardware rentals ~30%, services ~12%.

FY18 revenue was approx 2.5m, of which about a third was RR.

Forecast FY19 revenue of 4.5m of which about 40% is RR.

Market cap 8m.

Approaching cash-flow+ with good levels of inventory.

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#Business Model/Strategy
Last edited 5 months ago

From the investor presentation:

•Spectur provides security and surveillance systems linked to cloud-based technology solutions.

•Spectur designs, develops and manufactures systems that protect organisations and businesses in commercial, industrial and government sectors.

•Spectur’s core products include the HD5 wireless solar security camera system, a time-lapse camera, a thermal security camera and a shark warning system.

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