Broker appears to be starting to like the company (Strong Buy)...

Spectris PLC

FORECASTS
2009 2010

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Arbuthnot Securities
09-03-09 SBUY 100.00 63.68 24.50 118.00 74.13 25.90


Forward P/E of only just over 6 going into 2010.

It is at a 12 month low or thereabouts but seems to be bouncing off the bottom.

DYOR

Spectris , the precision instrument maker, enjoyed a nice boost today, up 189p (12%) to 1,783p. The driver was an upbeat interim management statement that told us of a 12% sales increase in the quarter to 18 October. A lot of the progress came from acquisitions, but the firm recorded a 2% rise in like-for-like sales over the same period a year ago.

Net debt stands at £290 million, which is no big deal for a £1.8 billion company with annual revenue of more than £1 billion. The shares are now 50% up over the past twelve months.

:-))

SXS SPECTRIS, lovely technical set up, see chart below.

Moving up nicely.

Moving up nicely into my gap.