I think you get there from Paddington! |
21/05/2015
Anite reinforces its position as a leading provider of benchmarking solutions to legislative authorities
Anite awarded contract for multiple benchmarking solutions for OSIPTEL,
the Peruvian wireless network authority.
Peru, what can I add, everyone's favourite bank holiday destination perhaps. Well, somebody has to live there - LOL. Not as popular as the South of France ?
At one time it used to be known as a country for tribes using poison darts, so if they are now surfing the web on their Windows tablets that can only be progress. |
Not much to worry about the volume is very low even for Anite's not very lofty standards. |
It will soon sail through 95p & onto triple digit figures.
We have entered a phase when the price will be very positive.
That's only my opinion of course, I have seen it on a few occasions over the years & learnt the hard way !
So it' s a 'wait & see' time because it would be very easy to miss the boat.
Suppose in TA terminology it's called an uptrend or something more dramatic. |
This has to be one of my most frustrating shares. Good news, high analyst ratings but stuck in the mud. Sentiment, I suppose. |
A pullback after banging its head on resistance expect another run up and for resistance to be broken soon. |
Thanks muscletrade for the info. That does sound big (LOL). I have to confess ignorance until I saw this morning that Market Capitalisation was about $60 bill.
GLA |
"China Telecom looks quite an interesting company". Understatement of the week Pico :)
Absolutely massive Organisation with over 310000 employees. largest China mobile and internet provider..etc etc .could go on for an hour, but in short there is no larger customer for Anite out there.
Good luck everyone. Anite has been a frustrating investment last year or two, some blue sky would be very welcome. |
Nothing to read into. The MM's are creating a market. They have backtracked on AIE to 'shake' the sellers. SPT has low volume today (below 200k) albeit an excess of buys, so it will probably retrace tomorrow.
I follow purely out of academic interest because there is a psychology in market trading & which the MM's have to exploit. They do a great job !
The RSI oscillator is looking strong for AIE, not so for SPT. |
Price drops here, spirent moves up. barmy. |
If they crack 100p then we'll be on our way to 130p. |
What a week first TW., DC. and SEPU surging and now these starting to make it worth the wait.
Always seemed like a good co to me in a very interesting market with some leading products. If you buy good companies and wait it generally pays off at some stage.
They should have an election in the UK every week. |
Just got in. Normally the share price ignores technical news but this is used for ' rapid verification of new devices to market'.
They are the leaders in this field with high barriers to entry. Anything to do with China is really good news.
This is turning out to be a great week. Good presence in North America, Xceed to launch in Europe. Asia, Middle East lab - it just goes on. |
Drop back, they could have released at 7am with everyone else. Anyone have any idea what that's worth? |
Nice looking hammer candle to finish the day. Could have timed my entry a bit better but overall happy with the progress made so far. |
This is good movement IMO |
Nice to read that the company is now back inside 'the circle of trust' within the city.
Time to look at the 2016 prospects which I believe are to increased slightly higher than forecast before.
The share price can sort itself out over the coming weeks, it is a time to wait & see while market forces determine that. |
All good - let's hope there's not a sell off tomorrow |
Thanks very much muscletrade for that broker note - very much appreciated.
Yes Irene, agreed. Been a bit of a wait (whole year) but the BOD & Co produced the goods.
Pretty fantastic stuff - going outside now to jump with joy !!! |
Oh well, here we go with another roll up to the 150p mark. That's if we don't get taken out before. Any predator I reckon would have to pay north of 180p. Good to see the turnaround on track. Might even top up. |
Also added some comment with Broker targets and numbers that may be of some interest. Also looks like I will be speaking with management. |
 Courtesy of FT Alphaville, some comment from Jeffries who are house brokers
A strong customer footprint, particularly in China, and an emphasis on
technology leadership leave Anite well-placed to benefit from increasing
complexity of mobile services and proliferation of connected devices. Following
a disruptive phase of telecoms industry M&A, Anite has resumed a path of more
consistent revenue growth. We reiterate our Buy rating.
Anite's FY15E update confirms that trading has been in-line with market
expectations. This follows a solid Q3 update and confirms a return to greater consistency
for the business. Interoperability Testing, Channel Emulators and Analytics (from the Xceed
acquisition) are all cited as having posted strong performance during Q4. While Anite's
licence-centric revenue model inevitably creates a marked Q4 weighting, sales execution
overall has been solid other than during of hiatus stemming from telecoms industry M&A,
which affected many suppliers into this industry. Conditions appear to have normalized.
Product order intake has been notably buoyant during the course of FY15E,
which partly reflects strong demand for Anite's Propsim channel emulation products, which
simulate antennae performance and are an area of industry focus at present. The MIMO
protocols, which have been pending since Anite acquired Propsim, are thought to be
imminent., which will further drive demand. Similarly Interoperability Testing growth has
been centred on existing carrier ecosystems, for example with AT&T and China Mobile, but
other newer customers have also featured in the revenue mix. Much of the focus is on the
integration of Xceed, which will be launched into Europe.
From a geographic perspective, Asia-Pacific remained a highlight, although the
49% revenue proportion from Asia seen in H1 is expected to be lower in H2 due to the
Xceed contribution (North America) in H2 15E. Europe is described as a decent market
following a quieter period for activity, At a group level for FY15E, we are estimating revenue
of £120.4m (yoy growth of 10.2%) and adjusted PBT of £22.1m. Slightly higher growth rates
are expected in FY16E. Net cash at the y/e was £37m. Y/e cash was £36.9m.
Valuation/Risks
Anite’s cal. 2015 PE of 11.6x represents a 40% discount to European software peers on 19.6x,
an discount in our view given the strength of Anite's market positions around the world,
especially in Asia. At our 110p PT, Anite would trade on a 2015 PE of 17.0x. Key risk – buying
hiatus from telecoms sector M&A. |
Good recovery year completed with expectations in line. That should be around EBIT £22.9 mill or thereabouts. Nice contrast to the preceding year.
SPT reported a 1Q2015 loss, so we have a new kid on the block !
Time to get the cigar out (LOL).
Nice buys going through despite a few early profit takers.
Now we have the fundamentals established, will the share price be a slow mover north as a reappraisal of the company is made. It happened a number of years ago when the share price climbed for a good long while. That was when we had the public division. Be interesting to see. This is a different company to that time, high tech & possibly a target. Hope not, I need this company to be around for a long while. |
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