Spirent Communications Share Discussion Threads

[dplewis1] 05/3/2024 14:54

Not sure, usually when a bid comes in the share price goes up to within a few pence of that. Viavi share price also up over 8% today so the market thinks it's a good combo

[paulisi] 05/3/2024 14:38

Counter offer?

[steeplejack] 05/3/2024 13:40

I've been in and out of this company since the Bowthorpe days in the 1980s.I'm surprised that such a low offer was accepted but I'm wondering whether the attraction of being part of a company listed on Nasdaq,didn't partially compensate.If you've seen your price slammed by some 75% because of a sluggish industry roll out of 5G and feel it necessary to stress you're not a one trick pony,you might just feel less than enamoured with the UK markets lack of appreciation.I'm sure that any number of US nasdaq listed companies in general (after recent strong stock gains) will be doing due diligence on Uk companies languishing in the doldrums.The feeling of investment disinterest must be such a disappointment to UK listed vehicles.

[dplewis1] 05/3/2024 13:35

I am holding off, gone above the bid price now

[reddirish] 05/3/2024 13:31

I have begun selling down, even though the market clearly expects a counter bid. But in this instance the bird in the hand ...

[1knocker] 05/3/2024 11:40

This looks like a done deal to me.

Well done those who have bought recently.

I sold out in 2019 at 205 with a cracking profit, and bought 20% back in March last year at 179, so i shall be very slightly down on that repurchase even after the 2 2023 dividends, and the proposed 2.5p final.

It is a toss up whether to sell now or wait. I shall probably wait, and sell only if and when I want the money fror some other investment. I hope I shall not live to regret waiting, but as I say it looks a done deal to me.

Spirent has been a very well run company, and in time the profits and share price should have recovered. It is a great shame that it should be taken over at what should be the bottom of its fortunes, though I note that the management seem pretty downbeat about the short term trading outlook.

The galling part is that I very nearly toped up at 108 only days ago, but decided to hold off in the hope of a tech pull back and a 100p price!

One must admire the tightness of the two ships though. The market seems not to have got any wind of this until the deal was announced.

[hamhamham1] 05/3/2024 10:43

Wall Street Trader.
This is my list of other potential take overs.
-AAF
-AGFX
-BT.A
-BRBY
-CPI
-CBG
-CMCX
-COST
-CRST
-DOCS
-EZJ
-FSJ
-FORT
-HFD
-JD.
-WG.
-MARS
-OTB
-PSN
-PZC
-RNK
-PEBB
-WOSG

I've checked CURY and SPT off my list and moved their profits around amongst the rest. (CMCX is also nearly off list, as 70% up so far)

[reddirish] 05/3/2024 10:24

Ref my post 2865, I hearby eat humble pie. Seriously disappointed by the low ball take over, and astounded that the board have accepted. They must have been offered some amazing sweeteners.

[hamhamham1] 05/3/2024 09:45

Sold out and reallocated, GLA.

[wall street trader] 05/3/2024 09:08

Question is what is the next one to be taken over - often this is a trend and certainly in the AI space will be lots of acquisitions and mergers

[tomboyb] 05/3/2024 09:08

Used to trade SPT 10-15 years ago -

Well done those who bought on lows -

[masurenguy] 05/3/2024 08:27

Having bought in here in several tranches during December, my average cost price was 118p. Just sold my entire position @172.9p to clear a 47% profit in just circa 12 weeks because the SoA can sometimes take a couple of months to be processed and there are other immediate opportunities for redeployment of funds. Just goes to show what a lottery the stock market can be - this proved to be a short term winner for me but equally I've also had a recent short term loser during the past 6 months. Ce la vie !

[dplewis1] 05/3/2024 08:26

Yes got to get through a few hoops yet, shareholder approval vote etc

[indiestu] 05/3/2024 08:21

There is not much chance of this first offer being accepted. The Directors only own 0.23% of Spirent shares. I can't imagine any major shareholders will take up the offer. It's more than likely that it will be referred to the takeover board.

[wall street trader] 05/3/2024 08:18

Well my £1.03 buy has worked out well but am a little disappointed as this was gonna be a long term hold - so I have to hold out til the actual purchase to get the special dividend ?

[weaverbeever] 05/3/2024 08:18

How long will this takeand when would we get the 2.5p dividend? Also what's chances of counter offer?

[dplewis1] 05/3/2024 08:17

In all the excitement I didn't even notice they put out full year results.. lol

[blueclyde] 05/3/2024 08:12

Welcome to Brexit Britain folks where the shares utterly collapse then get taken over on the cheap by the Americans with most of the long term holders underwater. They absolutely destroyed the markets,

[steeplejack] 05/3/2024 08:07

"Down the way,Spirent will probably be acquired"My comment of 40 days ago got a sceptical response...even a stopped clock tells the right time twice a day.

[scepticalinvestor] 05/3/2024 07:59

So many constituents of the FTSE now being taken out on the cheap. Makes you wonder if UK mkts are just being manipulated down to orchestrate this

[chard1980] 05/3/2024 07:51

I'd have been happier nearer 200p, 175p seems a bit low considering the share price previously, I bought a lot higher than the current bid, fortunately I averaged down and will make a small profit but I had confidence in Eric U and his board over the LT on this being extremely fruitful. Oh well, On to the next one it is!

[dplewis1] 05/3/2024 07:45

Only people who averaged down will make anything (fortunately I did), but it's another example of a successful U.K. company which was back in the up getting taken out for a comparatively small sum. If you read their 5g report they were very bullish and had some very promising collaborations.. hopefully someone will counter the offer

[hamhamham1] 05/3/2024 07:37

I was nearly right...

hamhamham110 Oct '23 - 07:12 - 2829 of 2875 Edit
0 2 0
I think Keysight will take this out for about 150-200p area over next 12 months if share price stays below 130-150p.
Time will tell.
Good start today.

[scepticalinvestor] 05/3/2024 07:32

Incrediblely low offer, disappointing. Still will make over 50% profits so shldnt complain I suppose