Pace Plc Share Discussion Threads

[1gw] 26/10/2016 21:27

Looks to me like a bit of a mixed bag.

3Q revenues in line with guidance, 3Q adjusted net income at the top end of guidance, 3Q GAAP net income below guidance.

3Q adjusted net income only just above median expectation (77c vs 76c)

4Q eps guidance below expectations (68c-72c adj NI vs 72c median expectation).

Full year revenue guidance towards top end of original guidance
Full year adj eps guidance above original guidance ($2.75-$2.79 vs original $2.45-$2.60).

So it appears to me they are aiming to beat their original full-year guidance but maybe not quite match analyst expectations.

All based on very quick review so errors are possible.

[beaubleep] 26/10/2016 21:23

Doh I got it wrong, I'm currently listening to the music waiting as well.

[alexmcdonald] 26/10/2016 21:06

I have registered and waiting for the webcast to commence in 1 hour from now.

[alexmcdonald] 26/10/2016 19:41

Nostalgia is not what it used to be!!

[beaubleep] 26/10/2016 17:47

My understanding is that it's tomorrow?

[blunderbuss] 26/10/2016 17:45

Thanks all for information.

Seems there is still enough shorting to produce a pop to mid 30s

It's deja vu all over again

[bashor] 26/10/2016 17:17

Is there no conference call this evening, I can't find it?

Edit: found it Doh

[sikhthetech] 26/10/2016 16:42

so close to $30, come on push... :-)

[andyble] 26/10/2016 16:41

:-) and hoping later will be :-) :-)

[bashor] 26/10/2016 14:27

All sounds good 1gw

[1gw] 26/10/2016 12:08

Comcast 3Q results.

Looks like Comcast is continuing to head in the right direction as far as Arris is concerned:

"Cable delivered solid operating cash flow growth coupled with great customer metrics, and has now added 170,000 video subscribers over the past twelve months."

"Video Customers Increased by 32,000, the Best Third Quarter Result in 10 Years; Nearly 45% of Residential Video Customers Now Have X1

High-Speed Internet Customers Increased by 330,000, the Best Third Quarter Result in 7 Years"

[edit] plus:

"Cable Communications' capital expenditures increased 10.4% to $2.0 billion in the third quarter of 2016, reflecting a higher level of investment in scalable infrastructure to increase network capacity, increased investment in line extensions and continued spending on customer premise equipment related to the deployment of the X1 platform and wireless gateways. "

[freddie01] 26/10/2016 11:06

Levitating Realistic Cloud Speakers Which Crackle With Lightning

Design firm Richard Clarkson Studio and flotation specialists Crealev have collaborated on a joint project to manufacture levitating clouds speakers which play music





A Creatively Creepy Climb Down The Stairs And Into The Jaws of Art

Norway based street artist Skurk paints a clever anglerfish which has appropriately positioned light fixtures in its eyes and “angler” to lure people into his work.









Iridescent and Environmentally Friendly Bike Path Lights Up After

Poland has launched a stunning glow in the dark bike path, which lights up in an iridescent blue light at no cost to the environment and allows people to travel on their bikes at night without the hazards of poor lighting.





Granite Lake in the Cabinet Mts. Wilderness



Leaning Out | Original by Great Wide World Photography

Taken in British Columbia, Canada





Abandoned Elf house in Iceland





Perfectly preserved ancient roman gate in Lugo, Spain. Lugo is the only city in the world to be surrounded by completely intact Roman walls from 3rd century AD

[1gw] 26/10/2016 08:23

Short interest.

A pleasing drop in reported short interest in the first half of October, starting to reverse the recent build in shorts. Still plenty to go:

14/10: 4.6m shares
30/09: 5.6m
15/09: 5.2m
31/08: 4.3m
15/08: 4.9m
29/07: 6.3m
15/07: 7.3m
30/06: 6.1m

[alexmcdonald] 25/10/2016 15:28

Thanks 1gw - I was pretty close then with my calculation of $30.59. It's all down to the exchange rate at time of calculation!!! If it reaches $31.00 then we are pretty sure to have hit it so looking forward to tomorrow!!

[1gw] 25/10/2016 15:22

Alex - at £1=$1.2087 and Arris = $30.02 I reckon we're at £4.94-equivalent.
At the same xrate I reckon we need Arris at about $30.53 for £5.

[alexmcdonald] 25/10/2016 14:51

1gw - what do you calculate the £5 - equivalent level to be??

[beaubleep] 25/10/2016 12:26

Off topic
Just received the following from TD Waterhouse

We have been in contact with your current broker and agreed a settlement date with your current broker for your UK Crest holding - 1st November 2016
International securities will normally be available 1 working day following settlement.


I started the transfer process on the 9th September, so that will be just about 7 weeks. I have been able to trade freely so far, touch wood and have been impressed with the entire process.

[1gw] 25/10/2016 11:07

Bashor - I'm also looking forward to tomorrow's results. Not necessarily a good thing for other investors since my recent track record on results anticipation is poor. I was very positive on the full-year results (which were disappointing) and as a result of getting that wrong I was on the fence for the 1Q and 2Q results (which were good).

But my confidence has bounced back now and I'm hoping they will effectively be able to up their guidance for the full year when they give 4Q guidance. Things seem to be slotting into place nicely for 2017 and I'm hoping they talk at least qualitatively about this in a positive way in the outlook section of the presentation.

I think they may still be struggling in Latin America (esp Brazil) because of exchange rate and economy concerns and dollar strength more generally is likely to be a bit of a headwind. But the Comcast and Charter warrant deals will hopefully be providing the right incentives on the revenue side for the US business and give them confidence about revenue deliverability going forward. I like the recent trend towards integrating Netflix into pay TV companies' set top boxes / guides and the lightreading piece on now being the time to upgrade cable networks was encouraging.

I'm still thinking about taking a bit of profit today as we're so close to the £5-equivalent level, but I may hold my nerve...

[alexmcdonald] 25/10/2016 10:14

Just a reminder for tomorrow night:

[alexmcdonald] 25/10/2016 10:08

Telia Company Deploys ARRIS IPTV Set-Tops for TV and Streaming Service in Sweden and Finland:

[freddie01] 25/10/2016 09:06

Heart-warming Dog Portraits Captured In The Red and Gold Glory Of Autumn

Austrian photographer Anne Geier has dedicated an autumn photographic series to beautiful portraits of dog.

[freddie01] 25/10/2016 09:03

MONTSENY © by Lluisdeharo



Hungry fishes © by Photox0906













An olive oil soap factory in Syria.



“Going To Sleep”
Wisconsin Horizons By Phil Koch.



#Alekodias
#BoaTarde #Amigos…
#BomFeriado



Valley village | Tibet





Chile



Harder Klüm, Switzerland



A nurse is looking for a vein on the hand of a premature baby.



boys dressed up in school uniforms pose with king penguins at the London Zoo, 1953…



All around us



Hunua falls | @wavelasso | @normal_tim



Meteora, Greece

[alexmcdonald] 24/10/2016 23:57

ARRIS To Present At Needham & Company Next-Gen Storage/Networking Conference:

[bashor] 24/10/2016 21:02

Very much looking forward to the results Wednesday and the all important forward looking statement/guidance