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Spectra Products Inc V.SSA

Alternate Symbol(s):  SPKTF

Spectra Products Inc. is a Canada-based manufacturing and marketing company. The Company operates in one market segment: bus and truck transportation safety equipment. The Company manufactures and markets brake and wheel-end monitoring equipment as an after-market product through transportation dealers, distributors, and direct sales to fleet operators. Its products include Brake Safe, Optimum Fleet Health, Termin-8R, Zafety Lug Lock, Anti-Seize Cotter Pin, Hub Alert, and Brake Inspector. Its Brake Safe is an easy-to-install visual brake stroke indicator system that allows for accurate visual inspection of air brake adjustments. Its Termin-8R is an anti-corrosive spray lubricant effective in protecting electronic surfaces, connectors, plugs, and sockets from corrosion. Its Zafety Lug Lock is a product that prevents wheel-end lug nuts from loosening leading to wheel damage or wheel loss. Its Brake Inspector provides in-cab indication of a truck or bus's air brake activity.


TSXV:SSA - Post by User

Post by Dragoonon Jun 16, 2021 3:16am
208 Views
Post# 33393956

Investor Presentations page 11, May 2021, showing turnaround

Investor Presentations page 11, May 2021, showing turnaroundAny debt left is purely operational. Based on past performance the company has made the last 3 years 1 cent profit per share, even in 2020 during lockdowns, creating a P/E of 5 with current stock price. If anything the company earns easy cashflow for its shareholders. Operating Cash Flow has also been 1 cent per share even during Covid-19 Lockdowns.
In other words, the company can buy itself at the stock market price in 5 years current earnings. Figuratively speaking.
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