Spirent Communications Share Discussion Threads

[cordwainer] 07/3/2012 13:54

boohoo! a pause in the rally ?

[tommy51] 02/3/2012 14:56

Maybe , just maybe an error , I wonder if IG will give me a short from that price ...

[enormouswillie] 02/3/2012 12:45

I might consider selling a few at that price.

[new tech] 02/3/2012 12:37

IG Index are reporting that Investec has a 15500p (10131% upside) target in SPT. Dont know if its an error.

[prokartace] 01/3/2012 13:55

Well I have to say how please I am that I recognised a cheap buying opportunity at 115p!!!

[shuisky] 01/3/2012 12:29

I love it when a plan comes together

[enormouswillie] 01/3/2012 11:45

A good set of results and positive outlook.

[grigor] 29/2/2012 13:18

Most companies providing services for mobile gadgets are doing well

iPAD 3 out soon

SPT share price flat and lagging behind the likes of AIE

Fingers crossed :-)

[enormouswillie] 28/2/2012 22:29

Looking very bullish indeed.

[petersinthemarket] 28/2/2012 20:56

Looks like breakout to me.

[enormouswillie] 27/2/2012 13:14

Yes, expecting some good numbers from them and hopefully a reiteration of the previous positive trading outlook.

[dandu71] 27/2/2012 12:55

Results out on Thursday 1st I believe.

[wynmck] 16/2/2012 14:33

Singer reiterates BUY today -ups tgt price to 150(125)p

[wynmck] 14/2/2012 11:38

Goldmans upped tgt price pretty quickly to 180 (160)p on Friday

[shuisky] 10/2/2012 08:39

Alcatel Lucent gave a strong set of results and the stock is up 15%

Augers well for Spirent.

[tommy51] 04/2/2012 10:29

1st March well get the mext set of results.

[shuisky] 03/2/2012 15:22

Its absolutely nothing to do with the 'technicals'.

Take a look at what SPT's rival Ixia is doing today. It's up nearly 10% on results.

The fundamentals are very strong in the industry and SPT is undervalued.

[thorpematt] 02/2/2012 23:19

The GS target looks almost purely technical. A break from that recent downtrend looks highly possible right now. Resistance at 160 looks blatant.





Volume is slightly up of late



P.S EV to profit ratio looks nice on the fundamentals. Business model is hardly declining either is it...

[tommy51] 02/2/2012 16:10

Ah that explains the rise . Presumably they have done some kind of presentation for this to occur today.

[wynmck] 02/2/2012 14:20

Goldman Sachs initiates today with a BUY.Tgt 160p
Citigroup and Pan Gordon both re-it BUYS today.Tgts 168 &156p

[shuisky] 12/1/2012 14:58

They are also highly cash generative and are probably looking at divesting the Systems division. It isn't a good fit and selling it will raish cash and allow them to solely keep their focus on telecoms.

The other thought that occured to me, was that a potential acquirer can see the cash on the balance sheet plus the systems division and, might look to buy SPT themselves.

[prokartace] 03/1/2012 09:10

Sorry, just seen the 23rd Dec article. Whoever wrote it doesnt do their research. The company is buying back shres rather than raising dividend. This is better as it does not then have to cut the dividend should the year be less than good

[valedo] 23/12/2011 09:32

Two brokers were prompted to issue separate notes yesterday on Spirent Communications. The company reports results for 2011 in early February, which makes it one of the first for that season, and this is not too far off. One of the notes, from Singer Capital Markets, actually downgrades forecasts for 2012 and 2013, but a "buy" recommendation was enough to prompt a 4p rise in the share price to 113½p.

The company makes gear to test and carries out tests on a wide range of telecoms equipment. The shares have been caught up in the general retreat of tech stocks amid a string of signs that life is getting tougher, most recently this week from Oracle, the American software group.

Spirent has expressed some caution itself. Although the wireless side has been strong, as has work for data centres, fixed-line is less so. The company has tended to see revenue growth of up to 10 per cent a year, but has guided towards a less impressive 5 to 6 per cent in the short term.

It does have a wide geographic spread, half in the United States and a third in Asia and the Pacific. But the company has noticed that, since the summer, customers have been taking longer to reach decisions, while there is, as with other businesses of its type, little forward visibility of future work.

The company has a £740 million market capitalisation, but £230 million of cash in the bank. This has led some analysts to suggest that it should raise the dividend, but it seems to be in no hurry to do so.

Instead, Spirent wants to wait as long as necessary for the right acquisition to come along. The long-term prospects are good - the company sells to all the main smartphone and tablet manufacturers and will do well out of the windfall from 4G, the next generation of mobile technology.

For now, the shares sell on about eight times next year's earnings, which seems low. But negative sentiment might take a while to shift. times

[shuisky] 20/12/2011 14:40

The AT & T/ T Mobile deal is off.

This deal was problematic because an acquisition would have consolidated two potential clients and network rollouts. Moreover, uncertainty over the deal has slowed capex spend in the industry.

The news of the collapse of the deal has seen SPT's US rival go up 2.6% at the open today.

Meanwhile SPT is down. Go figure.

Does the UK market actually understand technology?

[shuisky] 20/12/2011 09:04

4G/LTE is an ex-growth market???