Pace Plc Share Discussion Threads

[freddie01] 01/11/2016 16:07

Forgotten Ship (by Beboy photographies)



Moonrise over the Carp River - Ontonagon, Michigan, United States (by Jiqing Fan)



Glorious sunset.









Amazing Africa



TREES by Nasser Osman +nature +reflection, stars, dead tree, red tree, TREES, nasserosman



Wheat fields by Mia Morvan

[alexmcdonald] 01/11/2016 14:06

ARRIS To Present At RBC Capital Markets 2016 Technology, Internet, Media And Telecommunications Conference Wednesday, November 9 at approximately 11:50am/EDT.

[bashor] 31/10/2016 22:08

Nice recovery today on good volume

[1gw] 31/10/2016 20:50

Well they still have the authority.

As far as I can see they had $300M authorisation (from Feb 16th) and so far have bought:

6.4m shares for $150m (which I make $23.44/share) in 1Q
0.0m shares in 2Q (warrant negotiations underway)
1(.0?)m shares for $28m ($28/share) in 3Q

So they have $122m left from the original authorisation and if there are no further warrant negotiations underway (AT&T or Liberty Global anyone?) might well have been looking to buy the current dip.

Those 1Q repurchases currently look like a good deal!

[alexmcdonald] 31/10/2016 14:52

With no dividends paid then now is a good time for ARRIS to buy back shares and increase shareholder value.

[freddie01] 31/10/2016 08:34

Neurobiologist Photographs Stunning Microscopic Details In Neon Illumination Of Tiny Lifeforms

Chemically illuminated microscopic organisms are the highlight of photographer Igor Siwanowicz in his recent series attributed to his experience and scientific awakening while serving as a neurobiologist at the Howard Hughes Medical Institute’s Janelia Farm Research Campus.



lucca italy

[andyble] 28/10/2016 11:52

"So, choose a year and a multiple." - and noting what analysts suggest re growth, which if achieved should also uptrend the multiple :-)

[alexmcdonald] 28/10/2016 11:51

I too think that the drop in price has been overdone and we will see it slowly creep back up when the dust settles. Let's see what happens after the Needham event next week.

[1gw] 28/10/2016 09:37

Analyst estimates.

The Arris site has been updated with 7 downward revisions out of the 8 that they track for 2017 (and 4 out of 4 for 2018). The 2017 non-GAAP eps estimates have come down, but not by a huge amount:

$2.97 to $3.31 range (vs $3.00 to $3.35 before the earnings)
$3.13 mean & median (vs $3.19 before the earnings)

Nice progression still being shown with median estimates as follows:
2016: $2.77
2017: $3.13
2018: $3.33

So, choose a year and a multiple.

Incidentally, I note a c. 2% drop in 2017 median estimate, 3% drop in 2018 estimate. Doesn't really stack up against an 8% drop in share price yesterday, does it?

[sikhthetech] 27/10/2016 22:02

ARRIS on track to hit full year guidance


but stock drops 7% in Thursday trading.

[alexmcdonald] 27/10/2016 20:24

Only 14 days this time - but we are also going for 26 days at Christmas!!!!
Both going to New York on QM2.

[bashor] 27/10/2016 20:22

How many months are you away for Alex

[alexmcdonald] 27/10/2016 20:17

I am away again on a cruise at the end of next week and when I return, I expect the price to have recovered back to $29.50. !!!

[sikhthetech] 27/10/2016 18:10

We're still less than a year since we merged...

[andyble] 27/10/2016 18:06

Multichannel :-

“Although there are moving parts, we believe the story remains a good one and the stock offers upside from overblown worries around regulatory changes and cord cutting,” Raymond James analyst Simon Leopold said in a research note issued Thursday.

[1gw] 27/10/2016 17:03

Yes, we're still around 460p-equivalent, which isn't bad in the context of the last few years of Pace. The analysts just got a bit ahead of the curve with their 2016 estimates I think.

I'd be interested to see what the analysts do with their 2017 and 2018 estimates in this round of updates because I would guess the market will start to focus on appropriate multiples of those before too long. The execution risk on the Pace acquisition should be starting to drop out of the equation I would have thought.

[sleepless1] 27/10/2016 16:44

beaubleep, I still thinks it's great in comparison to what would have happened to Pace. Look where we where in June/July. Rgds.,S1.

[alexmcdonald] 27/10/2016 14:36

Buying opportunity for Arris!!!!

[beaubleep] 27/10/2016 14:20

Hold on to your hats, it's not looking good, sub 27

[freddie01] 27/10/2016 10:30

fungus | Alan Ligh



This is the border between Bhutan and India. India is on the right.



Perfect in Pink | vividessentials



Lake Walk in Duluth Minniesota by Like_He















A Story of Smartphones and Manipulations

Asmo Turunen, an artist from Finland, ingeniously fuses beautiful landscapes with photographs that are taken using smartphones, giving birth to surreal creations.

[sikhthetech] 27/10/2016 10:20

Transcript from Earnings call.