Spirent Communications Share Discussion Threads

[1knocker] 04/10/2023 09:30

I seem to wake up to something like this every morning at present.
XP power dropped through the floor on a similar warning, though Spirent is less of a worry as its balance sheet is much stronger.
I don't see any reason to jump in for more yet though, as it looks as though it will be a while before the tide turns.

[kiwihope] 04/10/2023 09:09

I have never been able to get timing right, so now don't bother trying. If I see something that I like at a good price I buy it. Already had some of these, so my timing obviously wrong, not the decision to buy as I thought they were fairly priced then. Even better now...

[cinoib] 04/10/2023 08:56

Haven't been here for some time but on my watch list as it has been very good to me over the years. Been in and out since 98 I think. The way this market is just now, anything not meeting it's target gets hammered so best to sit on the sidelines and wait for clarity as is to easy to loose a fortune. Am sure there will be a time when things start to pick up and we can all get back to making a quid or two here and there, but this market is a disaster area a the moment and I for 1 don't have the cash to throw away or sit on in hope of it getting better in years too come

[kiwihope] 04/10/2023 08:29

Bought some. Low debt and hopefully just a short term (1-2 years) lull in sales...

[hamhamham1] 04/10/2023 08:16

200p in 2 or 3 yrs. (IMO)

[hamhamham1] 04/10/2023 08:15

Bought in today at 88-89p.

[games] 04/10/2023 07:54

IOBNT Internet of bio nano things

Not that you would want this, it all needed verification testing

Cambridge university link

[tim1478] 04/10/2023 07:37

The post of mammyoko (28 Sept) was prophetic

Getting into buy territory although there might be worse to come

Naked trader bought at 137 but warned of a falling knife and out in a tight stop

[salpara111] 04/10/2023 07:36

Had been watching after the last fall but like many I was waiting to see it turn the corner, pretty brutal sell off but the market is in an unforgiving mode at present.
Decent business in there but looks like it will take a while to recover.

[dogwalker] 04/10/2023 07:34

A takeover bid now much more likely, rather than less likely?

[scepticalinvestor] 04/10/2023 07:28

Glad i waited before buying in - quality company but might wait for the interims now

[chard1980] 04/10/2023 07:19

Well that'll be me locked in for the foreseeable, let's hope they can continue the dividend which at the current rate is now attractive.

[scepticalinvestor] 04/10/2023 06:37

Condolences shareholders

[willie99] 04/10/2023 06:15

Not the update we needed. I can see this dropping below £1 in current market. Tin hats required.

[mammyoko] 28/9/2023 07:30

This is why it's tanking

"Order intake momentum has not yet fed into revenue....the trading performance will be materially more weighted to the second half of the year than usual."

Macro uncertainty + anticipated profit warning = share price slide

[1knocker] 25/9/2023 15:39

Who knows, Willie. I think we can be confident though that the BoD will want more than 180 a share for the company!

Tech in general seems to be taking a bit of a bath, so I am not in any hurry to top up.

[willie99] 25/9/2023 11:49

The 52 week high is 294p. The directors bought heavily in March at c.180p. Since then they have had a c.£50M share buy-back. Despite that, shares have fallen by >50% to 134p.

The last update said they expected a significant increase in orders in H2. Given the huge fall in SP, I think the BoD need to provide an interim trading statement, to hopefully confirm that the orders they were anticipating in H2, have actually started to materialise. Radio silence from the BoD will not support the SP…so the BoD need to take action.

At alternative theory is that the share price is being ‘walked down’ by unknown parties to allow a low ball bid to succeed. I want UK technolgy company's to prosper, not sold to foreign (probably US) competitors. I hope the BoD also want Spirent to continue as an independent company.

[fuji99] 25/9/2023 11:05

The steep drop could mean something serious - that we don't know - is happening behind the scenes. This is despite a fairly decent - not catastrophic - update.

[hybrasil] 25/9/2023 09:27

I think it must turn

[scepticalinvestor] 25/9/2023 07:13

Incredible - will this ever stop dropping

[scepticalinvestor] 20/9/2023 13:49

Another day of being smashed

[scepticalinvestor] 20/9/2023 06:30

Have been watching this for a while - curious why the mcap is so low