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Good luck Alas_Smith - finger's crossed that we do well here. Seems a good opportunity to me at this level
I’ve been following this for many months and, after taking some profits today in PRU have dipped a toe in with a buy this morning for elder son whose SIPP I look after. I like to average up and time will reveal the wisdom or folly of todays decision.
If you are looking at a goood trading share. Look also at GBG. Buy around the £3.30/£3.40 mark and sell at least at £3.75 and again
I bought back in at 223...
Ahead of final ex dividend on 15th March....it will climb to this date I'm sure if it....great trading share- about the 11th time of profitable trades!! ( Now I've jinxed it!!!,)
yes Aviva upped their holding - a vote of confidence as no doubt they sought some reassurances before splurging.
Are you talking about Spirent here ?
yes seems to have been around 680k shares - £1.5m so Aviva seems content.
Show me the money and perhaps another special dividend along with an increased dividend, an unchanged outlook and a few orders converted and then off to the races again.
The share that keep on giving.
Nice little top up
Genuinely can’t see this going much lower . I feel we will see a steady climb back Up to around 250 pre results in a few weeks time.
guess that is ehy no follow through with another leg down - rebasing here for a move up.
This is what they said,
"Whilst we expect customers to remain committed to their development projects overall, evidenced by no cancellations, the group's performance is now likely to have a heavier than usual weighting to the second half of 2023."
Spirent said it continued to win important strategic deals and built its orderbook by 7% last year. It expects to deliver an adjusted operating profit slightly ahead of market consensus.
sure I have them - in my model I use FY23e rev: $631m ; EPS: $18.6 - cheers
DaddyAIM - Wonder if you have the numbers used to calculate a 16x EPS for FY23?
Which for a stock growing at mid single digit organically, strong structural tailwind and a 3% dividend yield is a STRONG BUY
Pure non sense. On a conservative modelling, it trades at 16x FY23 EPS.
Really? 10 years on divi to recover yesterday drop? Divi is not an argument here
SPT is good company with bad price to earning ratio = 24. SP can potentially drop three times from such level. Overpriced while SP over 100.
Results are not that long away 8th March and I expect a rosier picture to be painted. Erick will be aware of yesterdays fall more than most and downgrade from broker . Results were good and any sniff this remains on track expect a big bounce . Strong balance sheet and Tasty divi. Sit and wait for the bounce
Choice for 2023 is based on the growing number of 5G connections, which is expected to climb from 500mln in 2021 to a staggering 4.8bn by 2027.
All those connections require testing, must be of the highest quality and assured regarding their structural safety. A specialist in testing new technology is Spirent, a profitable FTSE 250-listed, dividend paying company.”
Spirent works with well-known global behemoths including Apple, Vodafone, Nokia, AT&T, BT Group. Siemens and some military forces, as well testing cloud technology for tech titans such as Amazon and Google, and providing cybersecurity testing for large businesses such as the virtual and augmented reality kit for Facebook's parent company, Meta.
“More than half of Spirent’ sales are generated in the US, making it is a beneficiary of the strong US dollar. This UK tech gem could also be a takeover target."
WHAT IS NOT TO LIKE MEDIUM TERM
TUCKING AWAY.
Me too, this stock has been one of my best traders.
Add add add trim trim trim .... sub £1 average cost ... just keep on giving.
and the dividend of course.
Expect this soon to be a big bouncer.
Defo buy at two quid - should it get there.
20-Jan-23 Spirent (SPT) Hold 310.00 280.00 Downgrade
" there will be greater weighting to the second half."
On the basis the markets over react (both up and down) but typically look forward following a dramatic move, it's likley over coming day(s) the sp will recover some decent ground quickly imo...SPT is a very decent company, with a very decent business and now a very cheap sp :-)
" there will be greater weighting to the second half."
seems no immediate need to buy in, given there is unlikely to be much change for at least a Quarter...... markets and businesses are probably now waiting to hear what Powell says at the end of the month...
Holding back Investment decisions is a common issue at the moment across a number of sectors....nothing out of the ordinary, at present.
Definite recovery share if the "soft landing" all works out