Spirent Communications Share Discussion Threads

[marme] 17/4/2024 22:53

Sorry, meant to write 10p not 10%.
Purchase price with special dividend as I recall is 201.5P. It’s been more like 9P, not off by much.

[dplewis1] 17/4/2024 17:45

It's about 5p below.. that ain't 10%

[marme] 17/4/2024 15:25

Stock price has traded almost 10% below acquisition price, doesn’t seem normal. Assume it’s large investors cashing out and investing elsewhere.

[liam1om] 12/4/2024 09:22

Around 5p under. Pretty normal for a stock to be trading slightly under. The market is not expecting a counter offer at the moment, but that can change. I'm still expecting a higher offer to materialise.

[marme] 12/4/2024 02:08

Any idea why the stock has been dropping well below the acquisition price?

[erbullion] 30/3/2024 10:49

The article ends with analysts saying shareholders should hold out for more money.
Numis saying shareholders should not sell for less than £240 per share

[hamhamham1] 30/3/2024 07:25

Odd article in The Times today...

The original bidder for Spirent Communications is sticking with its £1 billion offer for the British telecoms testing group because it thinks that competition regulators could step in and thwart its rival.

[britishpenguin] 29/3/2024 12:40

Assuming its new tech is solid, Spirent looks like a v nice addition still currently v cheap, so can imagine a bidding war with other potentials - £3 (£240!) or higher not unimaginable. Can hope/dream, anyway!

Current timing and VIAVI opportunistic, with Spirent demand/market in a good place to build/recover over next 9-18mths, assuming proposition solid. Centre of gravity has already shifted to US, and stronger commercial nous could make a massive difference.

Not sure how far VIAVI can stretch unless backers front up but Keysight much bigger and Spirent cloud/SaaS offer presumably appealing both as bolt-on and to keep away from others. Could get really interesting if likes of Cisco or other major vendor makes a play but a lot of that group currently cowed, and not sure the hotter tech, services or web players in right place yet for something like Spirent.

Not clued up on potential of US/Federal bits.

I had high hopes for Spirent (£5+) before leaderhip and macroeconomic environment tripped it up so badly, and as always feels sad that UK struggles to house/grow something so interesting. Makes wonder where it would be if on Nasdaq, including if it was more speculative 'growth' and not such a solid outfit...

[erbullion] 29/3/2024 09:29

In The Times today Numis analyst says £240 a share wouid represent fair value

[rideacockhorse] 28/3/2024 13:27

There are 3 things that are certain in life: death, taxes and an increased bid from VIAVI.

[steeplejack] 28/3/2024 12:45

3 quid is perhaps ambitious!The price is suggesting that the fun might NOT be over.Yet again (as with the Viavi bid)you'd expect a bid price at a few pennies discount to the value of the offer to reflect early receipt of monies if you sold in the market.Not the case.

[cinoib] 28/3/2024 12:31

Looks like there will be a bidding war by all the transactions todsy. Could see 3 qid by the time is taken out.

[wall street trader] 28/3/2024 12:14

what was the cut off date ?

[steeplejack] 28/3/2024 11:40

Keysight Tech is listed on the NYSE and is valued at around $27bn.As such its significantly bigger than Viavi which is valued on Nasdaq at some $2.1bn.The difference in firepower might inhibit Viavi from returning with a higher bid but who knows,a fresh bidder might join the fray.What we do know is that Spirent was absurdly undervalued by an enfeebled UK equity market six months ago.There are a lot of other UK equity constituents who are similarly suffering in what at times seems to be an under-researched and disinterested UK stock exchange which has been manipulated and contrived to prioritise funding UK government debt requirements.

[wall street trader] 28/3/2024 10:55

do you have to hold til purchase if your shares to get the special dividend ?

[indiestu] 28/3/2024 09:16

lol. I'm a whole 3 pounds in profit! I timed my entry atrociously with this one. I got sucked in with the 5G promise which was eventually a non event. Onwards and upwards.

[steeplejack] 28/3/2024 08:55

Its a bidding war.No reason why Viavi couldn't return with an improved offer which arguably was always a tad opportunistic and undervalued Spirent's true worth.

[hamhamham1] 28/3/2024 08:19

Well done all holders. I sold out and missed last 25p. But hey...

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.

[kiwihope] 28/3/2024 08:18

Market price is now a small discount to offer. Opposite to last time. Does market think no better offer coming...

[dplewis1] 28/3/2024 07:57

Big buys pre market

[dplewis1] 28/3/2024 07:43

Been on the cards for a while this imo, very happy I didn't sell

[kiwihope] 28/3/2024 07:15

Great news! Will Viavi return with a higher offer?

[perky77] 27/3/2024 21:20

Sky news reporting Keysight Technologies are preparing bid of 200p for Spirent tomorrow

[danb45] 21/3/2024 14:11

interesting this opened at 184p today above yesterdays close ... another bidder coming ?