Spirent Communications Share Discussion Threads

[thomasthetank1] 04/5/2016 13:25

Read Panmure Gordon & Co's note on SPIRENT COMMUNICATIONS PLC (SPT), out this morning, by visiting hxxps://www.research-tree.com/company/GB0004726096
"As expected Spirent’s Q1 trading update was of the ‘all in line’ variety – this is despite a beat to our Q1 estimates. The highlights are cash generation, performance in the Networks division and that all important reaffirmation of the FY outlook. We have long commented that the macro backdrop remains poor but that Spirent is a story of getting its house in order..."

[thomasthetank1] 12/4/2016 11:28

Read Panmure's note on Spirent Communications (SPT), out this morning, by visiting www.research-tree.com …
“Despite last night’s warning by Juniper Networks, we think that Spirent’s forthcoming Q1 trading update should be of the vanilla ‘all in line’ variety. Whilst the end market remains difficult we think that investors will value messages and KPIs around consistency, rebuilding and unpicking the ‘hit&missitis’ of the past. Remember Spirent beat Q4 – so wags will whine that it will miss Q1 but this view ignores the structural changes being implemented by CEO Mr Hutchinson who, we think, is likely to reiterate the 2016 outlook (ie a flattish year).That said, we acknowledge that ‘turnarounds’ are typically punctuated by ‘misses’ and a tendency to disappoint over a prolonged period. However, despite a poor market backdrop, the changes are starting to deliver positive (baby step) results. There is a plethora of cloud and network-related tech events on in London this week (see below) and investors burning shoe leather will end up thinking about Spirent. Our general investment view (Buy when others are frightened) has captured the zeitgeist – Spirent shares outperformed by 21.2% in the past quarter but even after the rally it still enjoys an attractive valuation (2016E EV/Sales 1.4x)…”

[picobird] 25/2/2016 11:06

Very pleasing 2H2015 results have bumped expectations up for this company. Should be enough to convince the City that the new management team are pushing the company in the right direction.
I bought at the same time as J Silver @ 68p. There should be momentum to elevate the share price substantially higher on these figures.
Used to be an Anite holder but as Spirent is becoming more agile, I can see greater opportunities for the company now.
There should be no more talk about Rohde & Schwarz being a stronger company. The new team seem to be the right mix with greater foresight into the new areas of T & M where demand is growing.
Looking forward to the new broker consensus notes today. The presentation can be heard on the Spirent website (excluding questions).

Very good presentation - inc Q&A link :
Notice Panmure have increased TP to 120p from 115p.
Should anyone be interested in the device testing falloff, Spirent have reached the bottom of that trough & operability testing will be making up the decrease of carrier aggregation revenue.

I would say that there is a very promising outlook for Spirent now. There are headwinds of 6% for 2016 but this revenue decrease will be eliminated by growth areas, so 2016 remains on target.

[she-ra] 29/12/2015 19:21

This rise tells me its about to be New Years tip, or it may have been tipped at the weekend? Has it?

[johnsoho] 05/11/2015 16:38

Well, having read the third qtr trading update and the board change which was then followed by a non exec director buying 30,000 and having examined the balance sheet and noting the company do pay dividends, I've purchased my first, small, tranche.

As always time will tell if this was a wise decision!!! Good luck to all holders.

[picobird] 05/11/2015 12:11

I used to have system trading between Anite & Spirent but made sure all my funds were in AIE before their takeover. Spirent seem to be upping their game. Although I would like to be in for the long term ( had a punt today ), not really young enough to wait for the turnaround. The company strikes me as good value for a bigger fish. They are a cutting edge company but Wow, it certainly is costing them.

[gotnorolex] 30/10/2015 10:58

Trading Statement due on 5th November 2015

[gotnorolex] 29/10/2015 13:37

Spirent Communications Plc 5.3% Potential Upside Indicated by Canaccord Genuity
Posted by: Ruth Bannister 28th October 2015

Spirent Communications Plc using EPIC/TICKER code LON:SPT had its stock rating noted as ‘Retains’; with the recommendation being set at ‘HOLD’ today by analysts at Canaccord Genuity. Spirent Communications Plc are listed in the Technology sector within UK Main Market. Canaccord Genuity have set their target price at 80 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 5.3% from the opening price of 76 GBX. Over the last 30 and 90 trading days the company share price has decreased 3.5 points and decreased 22.75 points respectively.

Spirent Communications Plc LON:SPT has a 50 day moving average of 78.18 GBX and a 200 Day Moving Average share price is recorded at 87.36 GBX. The 1 year high stock price is 98.75 GBX while the year low stock price is currently 65.95 GBX. There are currently 95,719,764 shares in issue with the average daily volume traded being 469,763. Market capitalisation for LON:SPT is £463,495,661 GBP.

[gotnorolex] 22/10/2015 19:18

CALIENT and Spirent Team for All-Optical 40Gbps/100Gbps Network Equipment Test Lab Automation Solution.

[gotnorolex] 21/10/2015 14:10

Renault Selects Spirent to Help Implement Next Generation In-vehicle Networks

20 Oct 2015
Spirent Automotive Solution Verifies Next Generation In-Vehicle Infotainment and Advanced Driver Assistance Technology



The connected car is now a reality!

[valedo] 21/10/2015 12:23

SPT very unloved currently. Interesting co, watching with interest

[irenekent] 17/6/2015 09:53

Come on guys. How about a counter bid for Anite. Say 150p.

[tomboyb] 06/5/2015 16:28

Holding RNS and its shoy up 4% -

Aviva selling a few -

[picobird] 27/2/2015 12:06

I hope SPT do well but will need some more reassurance before investing. Trading is a different matter, so although I sold out yesterday that is not to say that I have ruled them out later in the year.
There are one or two negatives which could pave the way for a profit warning in H1. So the question is are they truly out of the woods or do they need to wait & see how the markets are moving in 2015.
The order book looks okay at 103 (105) but not the reference to a slower start over last year. They also said that H2 would be more weighted than usual.
They also tend to buy their way into new technology & have become less cash generative although they hold more than sufficient cash reserves.
This is one to wait & see.
They are on my watch list but only just.

[wageslave] 26/2/2015 19:48

Think the rise today endorses the positive outlook. Buy on the dips if you can as today was a definite break out from 85 - 89p range.

[petewy] 26/2/2015 15:28

Thanks for you views Pico and wage.
I'm in especially with:
"Panmure Gordon retains buy on Spirent Communications, target raised from 137p to 141p."

61% of shareholders are funds (percentages)
Prudential plc 11.10 AXA Investment Managers SA 7.77
Aviva plc 6.64 Artemis Investment Management Limited 5.38
Standard Life Investments Ltd 5.29
Fidelity International 4.82 Schroders plc 4.41
Sun Life Assurance Company of Canada (UK) Ltd 3.82
Norges Bank 3.19

[wageslave] 26/2/2015 10:08

My take on the results is generally positive. Higher turnover, increased divi and positive outlook. This is only tempered by the development costs that led to the profit fall. The nub is if that was a exceptional item and will not repeat in next year's balance sheet this is a very positive outlook and worth considering.

[petewy] 26/2/2015 08:40

Results:
Group adjusted operating profit $46.0 million (2013: $50.1 million) after absorbing $24.4 million increased organic investment in product development, sales and marketing and support services.
I have this on my to buy list.
Massive sell offs this morning. two deals 1+ million just went thru.
Any views.

[wageslave] 25/2/2015 13:33

Results published tomorrow pre-open. Any views following the upbeat guidance in the interim statement?