Spirent Communications Share Discussion Threads

[stack] 24/2/2006 14:23

I hope it does still have some,
just think oil & gas a better bet.

[thegrip1] 24/2/2006 12:30

spirent will rise ,,much better times ahead.....

[stack] 24/2/2006 00:29

Gone off into oil & Gas VOG, RPT, EME. etc.
much more fun & profit.

[fouroaks] 23/2/2006 23:35

Yep , me too - out at 50.5p. Likewise fed up after all these years. It'll probably rocket tomorrow now!

(edit) Actually still holding a few in my SIPP, but I tend to forget about those!

[wildchild] 23/2/2006 18:52

I'm out after a long ride. Just fed up with the company's performance. Also don't like that we closed below 50p again, when most other stocks seem to be making new highs. Back to lurking....

[golf4all] 23/2/2006 11:26

From the presentation - the buy back cannot start until after shareholders approval at the meeting in May - so its going to be June before it kicks in and then spread over 12 months.

[georgeski] 23/2/2006 11:23

I wonder when spt will start their buy back program. Now would be a good time.

[a77] 23/2/2006 11:15

Spirent Pft Below Expectations; 06 Better

Thursday, February 23, 2006 4:14:53 AM ET
Dow Jones Newswires



0752 GMT [Dow Jones] Spirent's (SPM.NYS) full year profit comes in at GBP4.9M versus GBP15.4 for 2004, with EPS at 2.3p, versus 3.1p for 2004 - "below expectations," notes a trader. Expects Spirent to show recovery in 2006. Spirent closed at 52.25p Wednesday. (JZR)

[andaleg] 23/2/2006 11:08

He's gone on holiday for three weeks( according to him on the CTM board last evening), doubt we will see him again.

[golf4all] 23/2/2006 11:01

Best part of 9 million shares traded and going down, down & down. Where's Sam and his 80p now ?

[golf4all] 23/2/2006 10:26

I said that the sale of HT division was a mistake (I know about focus on Comms etc, etc, etc) but look at the figures.
HT Sales increase by 9.5% and operating profit increased by 18%
Spirent sales fall by 10% and operating profit falls by 50%.
HT generates £25.3m and Spirent only £11.5m
Looks to me that Doughty have got the best end of the deal.

[wireless] 23/2/2006 10:19

I'm no longer a holder and I have to say very unimpressed with the MD's report. Jam tommorrow a big maybe but in the short term whose going to hold these?? What's a promise worth given Spirent's track record?

[golf4all] 23/2/2006 09:10

Looks like the market doesnt like the news so far and there does not seem to have been any build up in the share price over the last few weeks based on expectations. The next few hours should be interesting !

[andaleg] 23/2/2006 09:06

georgeski - I think that has been known for some weeks.

[georgeski] 23/2/2006 08:59

Most will waiting for the webcast. But i like this bit "and the Board intends to return up to #50 million to shareholders through an
on-market share repurchase programme over the coming year." Thats got to be worth a 9-10% rise.

[fouroaks] 23/2/2006 08:03

Well, curiously quiet at present - I suppose there are not many of us small PIs left in SPT.

[fouroaks] 23/2/2006 07:52

Yes, don't know how it's going to go! Depends whether the future is more important than the present.

[sirrah] 23/2/2006 07:49

Total Group
Adjusted earnings per share3 (pence) 2.30 3.14 (27)
predicted eps from Digital Look 1.89p!

[andaleg] 23/2/2006 07:24

The results look good - more or less as expected from a quick look.

The Company will host a results presentation today at 09.15 for 09.30 UK time. A
simultaneous webcast of the presentation will be available on the Spirent plc
website at

www.spirent.com

Or for the results :-

[stack] 23/2/2006 07:24

Results are out. dont know what ta think.

[fouroaks] 22/2/2006 15:38

Good luck with CTM (and SPT of course). I also have ISYS Q3 in the morning, so an early morning all round!

[andaleg] 22/2/2006 15:31

Hi FourOaks
Never did have any conversations with dalesiders and have not come across him on any other threads - but then I only visit about a dozen or so, he did pop back to do the new board of course. Up early in the morning as I also have CTM to worry about.

[sirrah] 22/2/2006 13:46

That's brought them out of the wood work! Thanks lib. The SPT summary predictions look look dire so, with disposals there must be room for optimism. But look at the broker recommendations! Hardly shown in the price action of late.

[fouroaks] 22/2/2006 13:25

libertine - thanks for that. As a matter of interest what is the source?

Interesting to see that John Weston still has the 1.6m he bought at 6p - I would have thought he would have sold those when he retired!

[libertine] 22/2/2006 13:16

Major Shareholders (Current)

Shares in issue: 965.8m 3 1/3p Ords
Major Shareholders Amount % Holding
Barclays PLC 127,589,189 13.21
P Goran Ennerfelt(dup) • 120,000,000 12.51
Lexa B.V(dup) 0 12.40
Fidelity International Limited 77,486,013 8.02
Prudential PLC 32,880,110 3.41
Legal & General Group PLC 0 3.13
UBS AG 29,667,635 3.08
Sun Life Assur Co of Canada 29,765,267 3.08

Other Directors Amount % Holding
John Pix Weston • 1,662,000 0.173
Eric George Hutchinson • 753,707 0.079
Anders Gustafsson • 483,880 0.050
James Alexander Wyness • 346,037 0.036
Eric George Hutchinson • 187,200 0.019
Marcus de la Poer Beresford • 65,225 0.007
Anders Gustafsson • 50,000 0.005
Frederick D'Alessio • 28,000 0.003