Spirent Communications Share Discussion Threads

[the knife] 23/1/2006 10:48

is that you sitting on the sell at 52?

[sam79] 23/1/2006 10:23

No its only you will end up in tears if you don't BUY now.

[the knife] 23/1/2006 10:14

why cant SPT concentrate in getting their own revenues growing at 38%?

will it all end in tears like the previous acquisitions?

[fouroaks] 23/1/2006 09:23

knife - market unimpressed - lol! I thought you knew SPT!

[georgeski] 23/1/2006 09:02

This is just following the markets. A very bad day in the US friday, not looking good for today in london. If it had been released on a good day it would probably be 3.5% up.
You must know how this share works by now, lets just wait and see today when the dow opens up.

[sam79] 23/1/2006 08:58

They will be very impressed, just you stay out of it. LOL

[the knife] 23/1/2006 08:48

market unimpressed- down 3.5%

[sam79] 23/1/2006 08:43

Excellent News for the long/medium term.

[georgeski] 23/1/2006 08:37

Looks good to me.

the knife:
If you want to be selective in your posting of informatiom, here is a snippet from the RNS.

Highlights:

* The acquisition is expected to be earnings enhancing in Spirent's
current financial year ended 31 December 2006.

* The acquisition will be financed from Spirent's cash resources and bank
facilities.

* SwissQual is a profitable and fast growing business, reporting EBITA of
CHF 5.5 million on revenues of CHF 32.1 million in its financial year ended 31 December 2005, up 38 per cent compared to 2004.

[the knife] 23/1/2006 08:22

well an acquisition, but its not SPT being bought

thats £40m of cash used up, how much left? at nearly 3x revenues when SPT trading at less that 2x forecast revs, is this going to be another dud?


SPIRENT PLC: ACQUISITION OF SWISSQUAL

London, UK - 23 January 2006: Spirent plc (LSE: SPT; NYSE: SPM), a leading
communications technology company, today announces that it has entered into an
agreement to acquire SwissQual Holding AG ("SwissQual"), a leading Swiss based
provider of innovative test and measurement solutions for wireless telecoms
markets.

Highlights:

* Agreement to acquire SwissQual for an initial consideration of CHF62.5
million (#27.7 million), payable in cash on completion with up to a further
CHF 28.0 million (#12.4 million) payable depending on revenue growth and
various technical and financial milestones.

[omalaha] 20/1/2006 19:59

oohh sam, you are a one....only the beginning eh......shame the markets closed!

[dmf] 20/1/2006 19:43

But bid/offer spread 52.25/52.50 !!!!

[sam79] 20/1/2006 16:36

Closed @ 53p only the beginning

[sam79] 20/1/2006 15:58

The big push is coming up, keep your eyes and ears wide open.

[fouroaks] 20/1/2006 10:54

So, since 19th December, we have had the following holdings announced...

Fidelity (19th Dec) - 7.81% (reduced from 10% 'ish)
Prudential (19th Dec) - 3.4% (increased from not-notifiable)
Sun Life of Canada (20th Jan) - 3.08% (increased from not-notifiable)

As I recall it was surmised that Fid sold a chunk of around 20m shares to Pru which is why they reduced and Pru went over the threshold on the same day (there were a couple of 20m+ trades that day), so it does rather point to it being Sun Life's bots at work over the last week or three.

[fouroaks] 20/1/2006 10:47

RNS - Sun Life of Canada now holding just over the 3% mark.

[rabain] 19/1/2006 15:32

could you explain what you mean by 'other' omalaha?!

[omalaha] 19/1/2006 13:15

SAM79, what other stocks are you holding?

[fouroaks] 19/1/2006 10:07

Lyntwyn - No, and they are notoriously deficient in this respect! Have been known not to anounce the date.

[sam79] 19/1/2006 09:52

I take it we wont be getting anymore DRIVEL from you FourOaks then.......Great

[lyntwyn] 19/1/2006 09:41

Sorry if am repeating a Q, but has SPT anounced a date for results? End Feb last year.

[fouroaks] 19/1/2006 09:36

Oh do shut up SAM, you haven't got a clue what you're talking about and are completely discredited - filtered.

[sam79] 19/1/2006 09:26

Tree shake is over and now we can see some serious rise

[sam79] 19/1/2006 08:31

Tree shake, nothing to worry about

[sam79] 19/1/2006 08:29

I am still here, its only matter of time........I am here to see SPT
well over 80p.