Member Info for MaryBr190

Q
When he bought shares at 24/5p how undervalued did he think the company's SP was at the time?

If you bought recently then you have about 60-70k invested.

Should be easily covered to an ISA account or if you have a spouse to utilise the limits & split the holding.

20k x 2 either side of the 5th and 6th April should cover easily tax free gains.

If you are currently fully subscribed in current year then sell something in the ISA to allow a purchase of HARL if you feel it will multibag.

0% tax rate on gains for this one is essential.

Not advice, but common sense.

M.

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.

RBC cuts Dr Martens price target to 250 (300) pence - 'outperform

20-Jan-23 Spirent (SPT) Hold 310.00 280.00 Downgrade

to be fair the trading update confirmed the results expectations and all will come in time. This is a buying opportunity imho.

remind me what happened? I remain a buyer of both.

Well played Morbox - am holding until 8th March although will trim my positions bought today as is prudent should the price shoot up again. will brace for another leg down but hope that it will not be much more.

Not finding the knee jerk negative tbh.

Proactive
Telecoms testing company Spirent Communications said it expected to deliver an adjusted operating profit slightly ahead of market consensus, with good earnings growth over 2021. Full year revenue grew by 5.5% to $607m as the company said it had coped with global economic challenges, supply chain constraints and increasing cost inflation.

Wall St Journal
Spirent Communications PLC said Friday that it expects its 2022 results to meet expectations, with full-year revenue growth and an adjusted operating profit slightly ahead of market views.

The provider of test, assurance, and analytics services said that revenue is seen growing 5.5% in 2022 to $607 million, despite global economic challenges, supply-chain constraints and increasing cost inflation.

Adjusted operating profit--which strips out exceptional and other one-off items--is now seen slightly ahead of market consensus, it said. The consensus expectation for adjusted operating profit for the year is $127 million, Spirent said. For 2021 it reported an adjusted operating profit of $118.5 million.

The company said it starts the new year with a strong order book and remains well-placed to deliver continued progress, though there will be a greater weighting to the second half.

"We expect the group to continue to progress in 2023, and in spite of the global economic conditions are confident in our mid-term targets with the long-term structural growth drivers for our business continuing to be compelling," Chief Executive Eric Updyke said.

yes I see 212 but did not believe it could get there in one move from 280p - I must have missed something but live and learn and continue to add.

Too busy completing tax returns for clients so only following this one today.

depends on your approach, it is hard to enter only at the bottom so I add in trances and release in tranches - and hold until the price turns favourable. This 230p is certainly a better reentry that 280p (which was a bit rich). Admittedly the 320p I had hoped to see today has been scuppered [read delayed] for now.

I can understand people selling here but any sellers for now should be out of the way to allow a nice bounce up as the sellers dry up. The market will digest this as a positive over the next few weeks and this drop, will further to go will be a blip.

There seems no risk to the dividend either and if management are to be believed then these statements make this company stand out from all the other struggling companies...

Fool's comfort maybe but

"having successfully navigated global economic challenges, supply chain constraints and increasing cost inflation."

"slightly ahead of market consensus"

"expect customers to remain committed to their development projects overall, evidenced by no cancellations"

"continued to win important strategic deals and further built our orderbook by 7 per cent during 2022."

"We are pleased to have started the new financial year with a strong orderbook."

{admittedly past tense caveat in the last 2]

Eric Updyke, Chief Executive Officer, commented:
"Against a challenging market backdrop, we have delivered a good performance, demonstrating the enduring, through-the-cycle strengths of our operating model and service offerings.

Networks are becoming more complex than ever before and as customers seek faster, more reliable, more secure connectivity solutions, the heightened need for automated testing and assurance will require greater support from Spirent.

We expect the Group to continue to progress in 2023, and in spite of the global economic conditions are confident in our mid-term targets with the long-term structural growth drivers for our business continuing to be compelling."

I guess the no orders cancelled bit could be read as "not orders cancelled YET" :)

I expect this to rally up from here to around 250/260 price which is where I would have thought it should have stopped.

Always a trader's dream and today is not different.

have added 10k shares so far - about 1/3 of what I hope to pick up as I leverage in for the dividend.

The yanks will trash this no doubt but LT is a buying opportunity in a dividend paying company.

Scarfell / Mark

I understand, however days like this present an opportunity for a quality company. The SP may well go to the years lows but I add and trim and having reduced my average to sub £1.01, over the years and trimmed at 283.12 276.04 287.02 I am only too delighted to reenter at these levels and rinse and repeat.

My 247 was, in hindsight too soon but will buy all the way down to 212 which i see as possible today.

nice buy buy buy - such a bargain - topped up all the way down to 219.

Nothing to see here - a buying opportunity - having trimmed near the recent highs I am doubling at these levels and awaiting the enhanced dividend.

Sound share.

expect over the next four month that DLAR will trade higher. This one spikes at times so always worth a trade.

No doubt the bargain hunters will be in tomorrow again.

a dead carp will float until a predator gobbles it up.