Pace Plc Share Discussion Threads

[1gw] 10/10/2016 14:41

I reckon $30 Arris price at £1=$1.2365 is about £4.85 Pace equivalent, so not far off Christmas today.

[freddie01] 10/10/2016 09:50

video of a pheonix haboob. a haboob describes a weather event in which a collapsing thunderstorm exhales a burst of wind. this burst of wind, or outflow, collects dust in the surrounding arid environment, which can grow into a towering dark cloud that sweeps across the landscape.

haboobs are common in the desert southwest and the middle east, where the term originated. (habb is arabic for wind). they are very localized phenomena, as opposed to dust and sand storms, which tend to cover more territory. of note, the plural of haboob is haboobies

[1gw] 10/10/2016 09:24

I revisited the spreadsheet again over the weekend and worked out that from my original Arris entitlement at the merger announcement date in April 2015, I had more than doubled my holding by 16th February this year (in absolute terms, not percentage). I have subsequently sold off over half of that increased holding.

But the net effect is that I still hold just over 90% of the Arris shares that I was entitled to under the merger terms in April 2015.

So I will be very tempted to sell a few more if and when we get to Christmas (£5-equivalent) or maybe even slightly earlier (particularly perhaps if we are just short of £5-equivalent going into the 3Q results). But as usual when the Pace/Arris share price is on a tear, I see the possibility of it continuing higher for some way, so currently intend to keep most of my remaining holding for a while longer.

[alexmcdonald] 10/10/2016 08:31

Amino Technologies are up almost 8% on a very bullish trading update confirming that the stb market is well on the up.

[freddie01] 10/10/2016 08:24

At the Per Aquum Niyama resort in the Maldives, customers can dine with the fishes while seated at an underwater restaurant.

To reach the restaurant, called Subsix, diners must take a speedboat 500 meters from the coast to its offshore location. Floor-to-ceiling glass windows allow visitors to observe over a hundred different coral reef species, making sure that it will be a dining experience that they’ll never forget.



Champs de coquelicots dans le Luberon



jeune plantation de lavande





Helmet of King James II



Viking axe head. 1030 years old, found in Denmark



Norway - Geirangerfjord



Telluride Colorado



Couleur Provence…



Matin calme…

[andyble] 10/10/2016 08:06

My wife's target remains £5 and mine is $50, though I see realism more like somewhere in the $40's and well within a couple of years, which conveniently ties in with my view of the likely time horizon for an oversold £. There also feels like too much momentum building in that chart now, and the business, and so possibly no need to chase an earlier exit.

[alexmcdonald] 09/10/2016 19:38

Bashor - I am with you 100%. The market for Network and Cable equipment etc. is just right for Arris to grow very strongly during the next 18 months. My target still remains $40.

[freddie01] 09/10/2016 11:33

for the first time in history, bees have been to be added to the united states federal list of endangered and threatened species. thirty percent of our food is directly pollinated by bees, which represents billions of dollars in value each year to the agricultural economy.

a recent study has also found that honeybees buzzing among roadside flowers must contend with vehicle pollution as they learn various foraging cues, meaning they take longer to learn floral odors now polluted by vehicle fumes.

there’s a quote attribted to albert einstein that while likely apocryphal is nevertheless worth sharing, that “if the bee disappeared off the surface of the globe, then man would have only four years of life left. no more bees, no more pollination, no more plants, no more animals, no more man.”

[bashor] 08/10/2016 14:26

Thanks 1gw, we could be in for a healthy rise if we're prepared to hang in there

[1gw] 08/10/2016 11:56

Lightreading article with a bullish spin on the prospects for major US cable infrastructure investment: "Why Cable Is Upgrading Networks Now"

"In a research note this week, Jefferies analyst George Notter said that Comcast Corp. (Nasdaq: CMCSA, CMCSK) is in the process of starting up a four- to five-year project that involves deploying an additional 1 million optical nodes around the country."
...
"With a confluence of economic and technological factors, all signs point to now as the right time for the cable industry to invest in its networks. "



It seems to me those warrant agreements with Comcast and Charter play right into this scenario, with Arris trying to make sure it gets (at least) its fair share of this spend and Comcast/Charter trying to get something in return if they decide to put a significant chunk of the spend Arris' way.

[freddie01] 08/10/2016 09:10

Skyfall by lolongan



Faroe Islands



The answers are in the silence.





Paris Saint-Lazare is one of the six large terminus railway stations of Paris. It is the second busiest station in Paris, after the Gare du Nord. It handles 275,000 passengers each day.



The Château de Maintenon is a château, developed from the original castle, situated in the commune of Maintenon in the Eure-et-Loir département of France.



Tomb of Christopher Columbus in Seville

[1gw] 07/10/2016 19:42

This article details a couple of analysts' initial reactions to the deal: Needham maintaining "buy" and $32 target; RBC maintaining "outperform" but raising target from $33 to $35.

[blunderbuss] 07/10/2016 18:31

Disagree with some.

The pound will fall further, more upside to Arris.

But then it's easy to be brave when you've sold 70% of the old holding at a humungous profit :-)

[beaubleep] 07/10/2016 16:10

Just sold some at £23.58

[bashor] 07/10/2016 15:54

I still feel we will see $30's and a further drop in the value of sterling

[strelitzia] 07/10/2016 15:31

Best selling opportunity for a while I think this afternoon. Halved my HSBC ISA holding at PIC equivalent of £4.73, thanks to double-win 2% drop in GBP and 5% rise in Arris.

As Warren Buffet said - always leave something for the next guy.

I just don't think the % gains forecast are enough to justify a big long position any more. Feeling somewhat relieved that my ISA portfolio can be rebalanced now.

[1gw] 07/10/2016 15:28

Thanks Alex. I thought your earlier link was about the Comcast deal. I'll read it properly when I get home.

It's starting to feel a lot like Christmas...

[alexmcdonald] 07/10/2016 15:02

Warrants issued with Charter

[1gw] 07/10/2016 15:00

What happened?

[alexmcdonald] 07/10/2016 14:08

Item 1.01. Entry into a Material Definitive Agreement.
On September 30, 2016, ARRIS International plc (“ARRIS” or the “Company”) entered into a Warrant and Registration Rights Agreement (the “Warrant”) with Charter Communications Operating, LLC (“Charter”) pursuant to which Charter may purchase up to 6.0 million of ARRIS’ ordinary shares, nominal value £0.01 per share (subject to adjustment in accordance with the terms of the Warrant, the “Shares”).

[alexmcdonald] 07/10/2016 12:10

It hit $1.19 earlier but has since recovered a bit to around $1.23.
See also:

[1gw] 07/10/2016 11:15

No idea bashor, but wherever it is it looks like it might be a bumpy ride. We've certainly hit the $1.22 you were talking about 2 days ago much earlier than I expected. Now just need the $32 part. In fact $31 would give us the £5.00 equivalent at the current xrate I think.

[bashor] 07/10/2016 09:29

Opinions please

What are people's thoughts on where the pound is heading verses the US Dollar?

My thoughts are we could easily see $1.15 or even $1.10 given that we are likely to lover interest rates again and the US look like raising there's