Spirent Communications Share Discussion Threads

[bot53693752467] 27/6/2006 06:33

might look again at these if they fall below 20p

[desperate dan] 27/6/2006 05:42

26.06.06 :-0.75, (39) cut to 45 pence from 50 pence by Citigroup, which has also retained a "hold" recommendation, after an unexciting trading update, dealers said. The broker noted that it is making deeper cuts to forecasts after reflecting on last week's trading update in which management referred to product delays, higher costs related to the introduction of new products and continuing competitive market conditions. Citigroup added that it is assuming less dramatic profit recovery in performance analysis in the second half of 2006.

[bot53693752467] 22/6/2006 22:13

all shouldve listened to fingersxxd some time back when pointed out the stock was history if it broke through the bottom of the huge triangle

[wireless] 22/6/2006 12:16

Sorry chaps but IMHO buy backs are the only thing that could hold these up otherwise they will sink like a stone.

[thegrip1] 21/6/2006 15:51

up and away

[wireless] 20/6/2006 09:30

You will have to have nerves of steel to still be hanging on to these. Investors Chronicle says given the uncertainty 39p is high enough so where do they go from here!!

[lyntwyn] 15/6/2006 15:47

40.75 close! sooner than I expected

[lyntwyn] 15/6/2006 09:36

Still it hasn't been slammed by the press today as I was expecting, enabling it to recover a bit.
Perhaps it doessn't look so bad after all! Would be nice to see 40 again

[the dead rabbits] 15/6/2006 09:12

It's good to see Spirent doing so well after selling HT.

RIP Spirent.

[lyntwyn] 15/6/2006 08:48

Unit shortfall drives Spirent shares lower
By Joe Bolger
SPIRENT shares fell to a 34-month low yesterday as the telecoms testing group said that first-half profits at one of its key units would miss forecasts.
Shares in the group, which makes testing equipment used by telecoms network manufacturers, fell 6p to 37½p after the company said that profits at its performance analysis division would come in at about £6 million, £4 million short of expectations.
The announcement came despite reassurances that full-year revenues for the group would be in line with expectations, with the warning blamed on a slowdown in spending by wireless operators, delays in product launches and increased spending on sales and marketing. The company also said that it did not expect to recover the difference in the second half of the year.
The news marks another twist in the group's fortunes of late. It told shareholders in May that first-quarter revenues had beaten expectations.
Anders Gustafsson, chief executive, reiterated that 2006 was a year of transition for the group, as the launch of new technologies on to the market demanded the creation of new testing products by the group.

[andaleg] 15/6/2006 07:08

Spirent Communications plc announces that on 14 June 2006 it purchased from
JPMorgan Cazenove Limited 2,500,000 Spirent Communications plc ordinary shares
at an average price of 36.8267 pence per share. The purchased shares will be
held as treasury shares. Following the above purchase, Spirent Communications
plc holds 9,890,000 Spirent Communications plc ordinary shares in treasury, and
has 960,895,507 Spirent Communications plc ordinary shares in issue (excluding
treasury shares).

[leetholdings] 14/6/2006 22:32

Mr Weston's outfits seem to be having a bad time at the moment.........just take a look at the disaster of Isoft from a high of £4.65 down to less than 60p chucked out of the 250 and CEO gone...

[ruffjp] 14/6/2006 19:31

bloody idiots sold their main cash generator, we really shouldn't be surprised. I see Systems are doing O.K so they will probably get the chop next as they are 'non core'.

[desperate dan] 14/6/2006 18:29

14.06.06 :-6, (37.5) the group warned profitability is to be impacted in the short term, leading Citigroup to reiterate its 'hold' rating and cut forecasts, dealers said. In a trading update released earlier today, the group said sales in the six months to July 2 are expected to be in line with market expectations. However, profitability in the Performance Analysis division for the first half is expected to be lower than previously anticipated by 4m to 6m, which it does not expect to be recovered during the second half. Reacting to the news, Citigroup said today's profit warning demonstrates the transitional nature of 2006 for Spirent. It added that the warning also underlined the binary nature of the investment case, by which new products either gain traction, driving sharp earnings growth and bid scenarios, or they don't. The broker said that poorer profit performance in the interim adds risk to the shares but does not alter the potential rewards of a successful transition. The broker was prompted to cut estimates for the second time in two months as it said visibility on the potential success or failure of Spirent's new products remains very poor. Citigroup said it has cut its 2006 continuing IFRS EPS forecast to 1.3 pence from 1.7 but reiterated its 'hold' rating on Spirent and 50 pence target price.

[andaleg] 14/6/2006 15:26

What's the betting we get a big buy-back announcement later.

[sam79] 14/6/2006 10:06

Will SPT go back to 6p per share, that is the question now!

I think it might just do that since we have profit warnings:(

[sam79] 14/6/2006 10:04

omalaha

By gone by gone, learn to live with it!

[omalaha] 14/6/2006 09:57

SAM79 - 2 May'06 - 13:58 - 566 of 668

To be able to buy SPT share under 70p is the bargain of the century.
Soon all you doubters will find out that every single post I've posted
is a fact, get in before its too late and SPT share price is in 90's before
you can say S.P.I.R.E.N.T.