News covered here includes our coverage of excellent results from a specialist medical device company, which continues to accumulate plenty of cash. Elsewhere, an international animal health business is also performing well and committing to greater investment in new product development. Those interested in dividend income might be attracted by the near 10% dividend yield on offer from one company here, but we have our doubts about its business model.
Spectra Systems: shares dive on downgrade
Despite announcing seemingly excellent interim results, shares in Spectra Systems (AIM:SPSY), a leader in machine-readable high speed banknote authentication and security printing, took a tumble on contract delays.
For the six months to the end of June revenue climbed 54% to US$35m helped by the continued “cost accounting-based revenue recognition” on a US$39.6m manufacturing contract – essentially this brings forward the recognition of sales ahead of…
Access the all latest company comments on Investor's Champion.
Not yet registered? It's free to register. Register now.
Register on Investor's Champion
Access the all latest company comments on Investor's Champion.
Premium Content
Premium content provides more in-depth information on fascinating investment stories and research to help make your money go further.
Access Premium Content through individual credits (we only want you to read what you are interested in) or through an annual subscription, which works out as only 25p per day – a small price to guide you through the investing maze!
Subscription
Gain access to all our excellent content for just £90 per year, that’s just 25p per day for financial freedom.
In depth coverage of many of the world’s great companies
Breaking news on potential upcoming disasters
Unique insights from our top research team
Credits
Get access to our premium content for as little as £3.20 per article.
