WARNING Please note I have not verified the information contained in this thread so PLEASE DO YOUR OWN RESEARCH
Seymour Pierce forecast for current financial year is 5.9p eps on a 20% tax charge....dividend forecast 1.77p.......Prospective p/e is 6.7 ...@39.5p
Spectrum is a payphone cash cow, of which declining income is being arrested by innovations such as advertising, ATM's, Microcells & Wi-fi, in street payphones. Cash is being invested into the highly profitable & high growth Interactive divisions, which are making an increasing impact in terms of percentage of turnover & profits for the group

From Investors Chronicle 7-14th October 2006:

Spectrum is switching between two quite different telecom businesses. On the one hand, it operates over 9,000 payphones (over half of which are in London) whose revenue is rapidly diminishing. On the other hand, income from internet terminals and wireless internet links in hotels and airports is rapidly increasing. So in 2005-06, profits from payphones more than halved to 749,000, while income from internet terminals jumped from 211,000 to 511,000. And these trends will continue as the company is spending no working capital on the payphones, but over 2m this year supplying 80 internet terminals a month in the UK and Germany as well as wiring 10 hotels a month with wireless networking. To date 300 hotels have been wired including Travelodge and Premier Travel Inns, covering 30,000 rooms.

Before goodwill amortisation and one-off costs, last year's profits were little changed at 2m. If there's no goodwill charge this year, brokers think that profits could rise to 2.5m on sales modestly higher at 18.4m. But in place of a nil-rate tax charge (and a 734,000 deferred tax credit in 2004-05) there could be a 20 per cent tax charge. So broker Seymour Pierce is only looking for earnings of 5.9p a share and a little-changed dividend. BUY.

Interactive turnover up 124% ...Interactive profit up 143%....for 2006.



AIM index: Pink Fixed line telcos index: light blue.
Key to annotations
(1) 11:59 08/06/2006 - Holding(s) in Company
(2) 16:22 09/06/2006 - Directorate Change
(3) 15:30 19/06/2006 - Director/PDMR Shareholding
(4) 09:41 19/07/2006 - Holding(s) in Company
(5) 16:56 01/08/2006 - Trading Update
(6) 07:03 11/09/2006 - New airports agreements
(7) 07:00 27/09/2006 - Final Results
(8) 07:00 18/10/2006 - 5m Airport contract
(9) 16.28 20/10/2006 - Lord Young buys 1,153,846 shares at 39p
NOVEMBER 2006

-------------------------------------------------------------------------------------------------------------------------
Banking agreement signed until 2011
-------------------------------------------------------------------------------------------------------------------------
OCTOBER 2006

-------------------------------------------------------------------------------------------------------------------------
Continued success for Spectrums payphone media with record media sales month
-------------------------------------------------------------------------------------------------------------------------
Simon Alberga, Executive Director of Spectrum, bought 113,012 shares at 44p
-------------------------------------------------------------------------------------------------------------------------
Lord Young buys 1,153,846 shares at 39p and takes his holding to a maximum 29.9% (@30% you must bid) & now holds in excess of 10 million shares.
-------------------------------------------------------------------------------------------------------------------------
BAA, the world's leading airport company, has awarded a new seven airport internet kiosk contract to Spectrum Interactive plc, estimated to be worth 5m, following a competitive tender process
-------------------------------------------------------------------------------------------------------------------------
Spectrum Interactive have installed two internet kiosks and WiFi service with Coffee Mania at the Wales Millennium Centre (Cardiff).
-------------------------------------------------------------------------------------------------------------------------
SEPTEMBER 2006

Spectrum Interactive have recently signed an agreement with HSBC to trial up to 16 ATM / Payphones Kiosks
-------------------------------------------------------------------------------------------------------------------------
Spectrum Interactive plc have secured its largest coverage street media deal, untilising over 85% of its street payphone kiosks.
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Spectrum Interactive plc is to install Internet Desks at London Luton Airport, resulting in Spectrum operating Internet Desks at all five of London International Airports, (Heathrow, Gatwick, Stansted, City and now Luton).
-------------------------------------------------------------------------------------------------------------------------
Spectrum has taken the opportunity offered by BAA, to add an additional Internet Retail Shop at Heathrow T1 Arrivals.
-------------------------------------------------------------------------------------------------------------------------
Blackpool International Airport (UK's fastest growing) is to get Spectrum Interactive's public access Internet Desks as new services to its increasing passenger numbers.
-------------------------------------------------------------------------------------------------------------------------
AUGUST 2006

Further to the success of an initial trial, the University of Sunderland have requested extra CCTV cameras to be added to their existing Spectrum CCTV WiFi network.
-------------------------------------------------------------------------------------------------------------------------
Spectrum Interactive plc's Media team have rolled out another highly popular and eye catching campaign, promoting 'Sinatra', the hugely successful London Palladium show. Over 200 central London payphone sites have been selected
-------------------------------------------------------------------------------------------------------------------------
Landscove Holidays have just signed with Spectrum Interactive Internet services.
-------------------------------------------------------------------------------------------------------------------------
Spectrum are pleased to announce that St. Christophers Inns, a longstanding customer, have renewed their contract with Spectrum Interactive internet services after reviewing the market place and competition.
-------------------------------------------------------------------------------------------------------------------------
Spectrum are pleased to announce the completion of their installations into nearly 170 Premier Travel Inn hotels across the UK. The installations include Internet Desks in reception, and WiFi through the hotel and bedrooms.
-------------------------------------------------------------------------------------------------------------------------
Spectrum are to operate Internet services for Bristow Helicopters, the heliport at Aberdeen Airport, where Spectrum already exclusively provide internet desks as part of their (7 airport) BAA internet desk and payphone agreement.
-------------------------------------------------------------------------------------------------------------------------
Bristol Airport have signed a new five year contract to extend their relationship with Spectrum Interactive. As part of the new agreement Spectrum has doubled the total amount of Internet kiosks at the airport
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Spectrum Interactive plc are pleased to announce the acquisition of the business and assets of iyonder Limited.
-------------------------------------------------------------------------------------------------------------------------



SNAPSHOT OF FACTS

Wi-fi in 30,000 rooms
37 ATM's + agreement for upto 16 with HSBC
1897 Internet terminals
511 Wi-fi spots
Internet & Wi-fi in 21 Airports
Directors own c55% of shares.
Last Director buys:
100,000 bought @ 24p by CE in June 2006.
1,153,846 bought @ 39p by Chairman in Oct 2006.
Executive Director of Spectrum, bought 113,012 shares at 44p Oct 2006


SPECTRUM WEBSITE

E

Never mind the vote of confidence, just what is his game?.

A takeover on the cards here?.

Highly unlikey imo. He backs & often chairs companies, Accident Exchange is another example, very successful too.

Thanks Peter.

100,000 at 43p bht & 200,000 @ 40p bought this am, what's a 'K' trade though?

K trades a block trade.

Bombing this morning. Up circa 12%.

NICE.

Heavy volume coming in.

GF

Is the smart money already in on this one. Tracked it for a few days took my eye off the ball and the best price I can now get is 45p. When stocks increase at this rate then they can come off a bit. Any thoughts?

MS

Bloody hell Mickey you were trying to get in here at 28p or so.

_uck I thought you were in. Jesus man, ag hhhhhhhhhh.

Back to reality, yup its still way undervalued but that doesnt mean there will be the odd pull back.

If you are asking is there more in this a big YES, but be patient as ever.

Cheers GF.

Spectrum Interactive plc

Director and Other Shareholdings

Spectrum Interactive plc ('Spectrum' or the 'Company') has been informed that
Simon Alberga, Executive Director of Spectrum, yesterday purchased 113,012 ordinary
shares in the Company at 44p each. Simon Alberga now holds 2,712,223 ordinary
shares in the Company which represents approximately 8.0% of the issued share
capital.

The Company has also been informed that Yoav Kurtzbard yesterday, in aggregate,
178,205 ordinary shares in the Company at between 42p and 43p each and now holds
1,266,409 ordinary shares in the Company, which represents approximately 3.74%
of the issued share capital.

thanks for reramping my old thread, this is looking very good still on a pe of less than 5!!

I hope u meant revamping!!

lol, yes i did!!! hope it doesnt turn out to be a 'freudian slip'

Thanks Peter for 20 Oct 2006 17:30 - 26 of 39,

a bit late to get, will wait for its puul back as what GF said.

In the meanwhile I am widely searching some other 'nice' stock, any suggections? I am saying here coz I read all you guys in other thread, and always pick the right stock.

Many thanks
seun

Have a look at kenmare resources KMR 36p at the mo.

thanks kivver.

Usually a good sign....

Spectrum Interactive director Simon Alberga ups stake to 8 pct
AFX


LONDON (AFX) - Spectrum Interactive PLC said its executive director Simon Alberga increased his holding in the company to 8 pct or about 2.71 mln shares after buying 113,012 shares in the company at 44 pence each yesterday.

Shareholder Yoav Kurtzbard yesterday bought 178,205 shares at prices between 42 and 43 pence per share, lifting his stake to around 1.27 mln shares or 3.74 pct.









newsdesk@afxnews.com

Spectrum Interactive PLC
24 October 2006


The following announcement replaces the announcement issued under RNS number
9148k at 7am on 24th October 2006, which has been amended to include the word
'sold' in the first line of the second paragraph.

Spectrum Interactive plc

Director and Other Shareholdings

Spectrum Interactive plc ('Spectrum' or the 'Company') has been informed that
Simon Alberga, Executive Director of Spectrum, today purchased 113,012 ordinary
shares in the Company at 44p each. Simon Alberga now holds 2,712,223 ordinary
shares in the Company which represents approximately 8.0% of the issued share
capital.

The Company has also been informed that Yoav Kurtzbard yesterday sold, in
aggregate, 178,205 ordinary shares in the Company at between 42p and 43p each
and now holds 1,266,409 ordinary shares in the Company, which represents
approximately 3.74% of the issued share capital.

hi guys,
It may be a silly question - what was the reason of its previous drop from abt 95p in May 2005?

Many thanks
sws

I believe it lost a lot of value for the following reasons:

1) The Ex-CEO for Germany, was selling shares & Germany has struggled, nothing major but a small loss at full year results.

2) ATM's were expected to grow at the rate of 150 in the first year, but sadly planning restrictions has stifled that growth level to a much more modest one.

3) Actual payphone revenue declined around 17%, if you check the prospectus it had been falling a steady 5% or so for several years, so quite a big downturn despite mobile phones being well established. However payphone revenue decline was arrested to something much more reasonable like 5 or 6% over the year due to ATM's advertising in Street paypones (up 32% year on year) and Wi-fi & Microcells.






Now we have had a review that has cut costs in line with payphone revenue, a London Office has been closed, I think payphone profit because of this, will actually be UP this year.


Also with 3 different directors buying at 24p, 39p & 44p. you have to think that everything must be now looking pretty good after the cost saving measures.

Thanks Peter,
guess this has long way to grow through this year, any view of its potential price?