Spirent Communications Share Discussion Threads

[uhound] 01/2/2021 16:43

Surprised to see this down at this level now having bought in back in Nov 2020 at around the 200 day moving average of 260. Was hoping to see a bounce up from there!

Close to my stop level now. Hopefully we will see a run up in the price as results day approaches - due on 11th March 2021.

[discodave45] 01/2/2021 15:28

Wtf......some II selling up.

[mrbeaky] 19/1/2021 16:55

Seems to have taken it the opposite direction! I didn’t think the update was bad.

[prettygreen] 18/1/2021 15:13

Mr Market obviously impressed with the update ??

[discodave45] 18/1/2021 11:02

Hopefully the update will reassure and move this out of the sideways range it's been in for a couple of months now and start to head back to 300+.

[dicktrade] 18/1/2021 10:50

Re reading the SPT TU and this can only be v good news for CLX.

[dicktrade] 18/1/2021 09:48

The cash talked about in the TU equates roughly to $0.40 per share so any special
div wont amount to much, as long as share price keeps rising it doesnt really matter.

[cheaky monkey] 18/1/2021 09:25

New investor here, nice update & sounds like special divi might be coming our way?

[gswredland] 18/1/2021 08:20

Reassuring update

[bookish] 18/1/2021 08:11

Trading Update -- 18.1.21

[petewy] 24/11/2020 17:21

Some broker downgraded again?

[jamessmith23] 20/11/2020 12:19

Material director buy, increasing their holding by 50k when holding 300k previously, bodes well for the future.

[uhound] 17/11/2020 12:31

Have added here after watching a while and waiting for the results. Nearly bought in February at 220p!

As has already been discussed, results look fine and the growth story here looks good.
The pull back surprised me, so have waited for the price to settle.

Could not wait any longer!

IC and other press coverage may help this week?

[steeplejack] 13/11/2020 12:54

Enough to earn a good salary :)If a pension fund manager outperforms the relevant index by a couple of percent in a year,he'll be well chuffed.Thereagain,I agree it's hardly mind boggling.He's right slightly more than half the time.A toss of the coin really!

[petewy] 13/11/2020 11:15

From Citywire
Analyst Will Kirkness retained his ‘buy’ recommendation and target price of 330p on the shares, which slumped 11.3% to 252p yesterday after a third quarter update suggested revenue growth of 2%, similar to the second quarter.
‘The outlook for the full-year mid-single-digit revenue growth remains consistent and implies 2-3% in the second half,’ said Kirkness.
‘Given recent updates from peers, that have seen mid-single-digit growth declines, we see the on-track tone as supportive.’

Will Kirkness, Wall Street Analyst at Jefferies, specializes in the General sector and covers 18 stocks with a 56.60% success rate.

56% not very good?

[steeplejack] 12/11/2020 19:53

Yes you’re right that the US is clearly the place to get exposure to 5G but your observation is true of investments in general.The US is a far superior hunting ground.A pretty obvious comment given the FTSE 100 is currently over 10% lower than the peak it hit over 20 years ago in 1999.

[enormouswillie] 12/11/2020 19:20

Was going to keep a small stake based on anticipated ramp up of revenues from 5G but much better places to invest in the American market to get exposure to that sector

[enormouswillie] 12/11/2020 19:02

Oh dear, another massive disappointment - the market was pricing in a much better performance than this - another uk tech failure to add to the list - just no revenue growth of note - really really disappointing and sad to see

[cousin jack] 12/11/2020 17:56

There appears to be support around 246 so a reasonable trade close to that - perhaps with a tight stop though. I’m not too confident in longer term buys atm given recent market rise but short term opportunities like this are worth looking for.

[steeplejack] 12/11/2020 17:17

https://www.proactiveinvestors.co.uk/companies/news/933805/spirent-retains-full-year-expectations-highlights-strategic-momentum-in-third-quarter-933805.html

[games] 12/11/2020 16:42

Spirent Federal Chosen to Support NASA for GNSS Testing.

[steeplejack] 12/11/2020 16:26

Frankly an 11% price fall on that update is difficult to fathom especially since I added in the mid 260s!Probably a large seller.Currently,the U.K. is far from a popular equity market choice with Brexit overhanging sentiment.Maybe we’ll get a better handle on things when broker notes update.

Now seeing sizeable trades being printed after hours.Chunky deals including two of 3/4 mil each.They’re showing as buys but it’s more likely a cross plus there’s a sell of 487/- and one of 123/-.It was more than probable that there was a big seller today and the orders have been handled rather clumsily overall.

[dicktrade] 12/11/2020 16:26

this was 3% of my PF but got stopped out @260 on a slice this morning which i could
not believe.
bought back the same slice @252.6 so still in front after costs and reasonably happy.
still cant believe this market ATM doesnt seem to be any pricing on numbers its all about sentimentIMHO

[jamessmith23] 12/11/2020 15:48

Even the 5g roll out should be helpful in the short term if you weren't thinking about the longer term picture.Also noticed the mention to improved margins through increased software revenue, that's certainly nice to see.

[games] 12/11/2020 15:12

I think some may believe spirent to be short term cyclical, but with leo satellites yet to really get going, I believe spirent has many years of growth. Amazon Project Kuiper could turn out interesting for spirent.