If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Not a good RNS Wednesday 1st May revenue down , challenging market .
Share fell to 191p a new low since the last offer ( 4% below the 199p )
Finished the week 193 , 196p looks like resistance since mid April.
The latest offer values Spirent at 201.5 pence per share, 199.0p in cash and 2.5p in a special dividend. Viavi's all-cash offer was for 175 pence per share, comprising 172.5p cash and a 2.5p special dividend.
Available to buy under 199...
Viavi need Spirent so they get their longer term investment from Silver Lake. Expect a higher bid soon.
'Silver Lake to make $400 million long-term strategic investment in VIAVI Solutions in connection with the Acquisition'
Last week Viavi hoped regulators would block rival higher offer.
RNS from them today.
In a statement, Viavi said its deal represented "certain value" and noted its limited business overlap with Spirent relative to Keysight.
"Viavi believes that the proposed combination of Keysight and Spirent would further entrench Keysight's leading position in many product segments, which would limit customer choice," Viavi said.
Just check Viavi US site and as yet no post. Interesting to see whether they say we are out or we note the offer and are considering our position.
Love the way Spirent directors now think the new company is just the best thing since sliced bread after trying to convince us Viavi's offer was the same but a few weeks back.
Could even be a 3rd lurker yet to surface.
Spirent have a unique company and so only one chance to nab it.
Spirent have withdrawn their recommendation only, Viavi have zillions and can throw it all the way. No Spirent mention that they have spoken to Viavi to know they are out.
240-270.
Let's see what happens.
Nice position to be in.
Well done all.
🔮
*another pop
Absolutely thus goes better, Viavi will have pop at this-225 this goes out at…
This second offer has come this morning 201.5p..26.5p more.
Hopeful a third better offer might again to come.
Mistake to sell the last top up on 8th March below for the 180p I had bought it for .
21p below new increased offer.
Price today opened at new offer price but has fallen back to 198p at 10am
Spirent Communications PLC on Thursday said it agreed to a takeover by Keysight Technologies Inc, weeks after it recommended a takeover by Viavi Solutions Inc.
The Crawley, England-based test and assurance solutions provider said it agreed to a GBP1.16 billion takeover from the Santa Rosa, California-based manufacturer of electronics test and measurement equipment and software.
Spirent said the offer by Keysight was superior to the existing GBP1.01 billion bid by Viavi, a Chandler, Arizona-based manufacturer of testing and monitoring equipment for networks. Spirent had recommended the takeover by Viavi on March 5.
The latest offer values Spirent at 201.5 pence per share, 199.0p in cash and 2.5p in a special dividend. Viavi's all-cash offer was for 175 pence per share, comprising 172.5p cash and a 2.5p special dividend.
Spirent shares jumped 11% to 198.00 pence each on Thursday morning in London.
Spirent Chair Bill Thomas commented: "The board of Spirent is pleased to recommend Keysight's cash offer for
Sold the last top up buy 7/3/23 for the same price I bought them *180p today .
Did not think I was going to make profit on that tranche , but picked up both the divs 3.8% yield.
Takeover 175p below my last top up last year at 180p , when it fell back after last years results .
Not the time to be investing for private inverters.
Broker shows I have not lost overall with this one thank God , first buy with them 25/8/15 at 78p
Buy back here on dips after slicing a mistake in hindsight .
A return to 300p in August 2021 was time to get out .
Especially the ones I bought in January 2021 after the fall back from the first peak to 300p a year before in August 2020
Bep 153p.
The Crawley, England-based automated test and assurance solutions provider said it has agreed on its acquisition by Viavi Solutions for 175p per share in cash. Spirent shareholders will receive 172.5p cash, plus a 2.5p special dividend.
The acquisition, which values the company at GBP1.01 billion, as been recommended to be voted for by Spirent's board.
Also on Tuesday, Spirent reported its full year results for 2023 .
Spirent said revenue fell to USD474.3 million from USD607.5 million Pretax profit plummeted to USD22.9 million from USD114.6 million. Spirent declared no final dividend, despite paying out a final dividend of 4.94 US cents a year ago.
Today Canaccord Genuity Speculative Buy - 250.00 Upgrade
Bought more SPT on 12% day fall for 180p 8.40am
Last trade was 18th January 2021 a buy for 260p , no copy over to barc .
14th March 2021 first post there after ii . ( which was Avation PLC )