Why??????--Comments-information-advice anybody please?

Huawei Selects Spirent to Test HSPA+ User Devices
11 Oct 2010 - 10:30

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20101011:nBw115486a

Spirent solutions help ensure Huawei delivers high-performance HSPA+ data cards
BEIJING--(Business Wire)--
Huawei, a leader in providing next-generation telecommunications network
solutions, selected Spirent Communications to help validate the performance of
its HSPA+ data cards. With Spirent, the leader in testing solutions for wireless
networks, devices and services, Huawei is able ensure its customers' high-speed
HSPA+ data networks offer a superior subscriber quality of experience (QoE) and
seamless mobility.
"We are dedicated to delivering the industry`s highest-performing data cards and
other technology solutions," said Yang Feng, testing team leader of Huawei.
"Spirent`s easy to use automated test solutions, with their focus on performance
and support for the latest HSPA+ technologies and receiver designs, fully
support our current test requirements, as well as enable us to develop new
technologies and reduce our time to market."
Mobile operators continue to leverage their investment in HSPA/HSPA+ networks as
they prepare their networks for LTE/4G. Huawei, a leading supplier of HSPA+ data
cards to mobile operators worldwide, is using the Spirent 8100 Mobile Device
Test System for performance testing of its latest data cards. Using capabilities
such as the Spirent`s new Development Library, the Spirent 8100 helps validate
critical attributes such as data throughput and mobility performance, as well as
Receive Diversity and Interference cancellation algorithm optimization.
"Deploying a high speed HSPA or HSPA+ network does not mean that subscribers can
take advantage of it immediately," said Gene Zhang, vice president of Asia
Pacific at Spirent. "The performance of the mobile device, data card or dongle
also plays a critical role. By leveraging Spirent's expertise in testing the
performance of 3G/4G mobile devices and chipsets, Huawei is able to ensure its
carrier customers can deliver a better service experience."
Spirent`s 8100 system is the optimal solution for GSM/WCDMA/HSPA/LTE mobile
device and chipset testing. It supports a wide range of application, location
and radio access test areas, and its flexible option-based design allows
customers to add the capability required. The Spirent 8100 system addresses
multiple phases of the mobile device lifecycle, from certification to
performance testing and beyond.
For more information about HSPA device testing and the Spirent 8100 system visit
http://www.spirent.com/Solutions-Directory/8100.aspx
About Huawei
Huawei is a leader in providing next-generation telecommunications networks, and
now serves 45 of the world's top 50 operators, along with over one billion users
worldwide. The company is committed to providing innovative and customized
products, services and solutions to create long-term value and growth potential
for its customers. For more information, please visit www.huawei.com.
About Spirent Communications plc
Spirent Communications plc. (LSE: SPT), a global leader in test & measurement
offers an extensive portfolio of solutions to test data centers, high speed
Ethernet networks and services, 3G/4G wireless networks and devices, network
security, and global navigation satellite systems. For more information visit
http://www.spirent.com/planet-spirent/media_room/about_spirent_communications_plc.aspx.

Corporate:
Spirent Communications
Sailaja Tennati, 770-432-3225
sailaja.tennati@spirent.com
or
Asia Pacific:
Spirent Communications
Janet Peng, +86 (10) 82330055 x160
janet.peng@spirent.com
or
Europe:
Zonic PR
Kate Innes, +44 (0) 1672 550123
kinnes@zonicgroup.com
Copyright Business Wire 2010

Reuters Limited. Click for restrictions

Spirent Plc ST: the upside prevails as long as 137.75 is support
11 Oct 2010 - 08:34

Click here to see our chart:
http://www.tradingcentral.com/chart/SPTGBp101011093233.gif
Our pivot point is at 137.75.
Our preference: the upside prevails as long as 137.75 is support.
Alternative scenario: below 137.75, expect 132 and 128.5.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and
above its signal line. The configuration is positive. Moreover, the stock is
trading above both its 20 and 50 day MA (standing respectively at 141.27 and
134.3). Spirent Plc is currently trading near its 52 week high reached at
146.3 on 06/10/10.
Supports and resistances:
158.75 *
155.25 **
151.75
144.6 last
140
137.75 **
132 *
---
TRADING CENTRAL is a commentary service specialising in technical analysis.
For sales enquiries please call your Reuters account manager or TRADING
Central
by phone: New York (1) 212 812 2400 Ext 29, London +44 (0) 207 429 3980 or
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Spirent Communications SPT is starting to look like it could be a medium term trade.

A forward P/E of just over 13 going into 2012 doesnt look too demanding for a tech stock.

Spirent Communications PLC

FORECASTS 2011 2012
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Panmure Gordon
19-04-11 BUY 129.00 12.60 2.65 144.00 14.50 2.77
Arbuthnot Securities
19-04-11 None
The Royal Bank of Scotland NV
18-04-11 BUY 77.08 7.78 1.68 82.81 8.32 1.80
Daniel Stewart
04-04-11 HOLD 76.45 7.72 1.59 82.52 8.27 1.84
Fairfax IS
04-03-11 BUY 79.30 8.10 1.80 86.92 8.80 2.00
Singer Capital Markets Ltd
04-03-11 FAIR 74.70 8.13 1.70 83.36 9.07 1.90
Numis Securities Ltd
04-03-11 ADD 78.75 7.99 1.77 90.73 9.15 1.94

2011 2012
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)
Consensus 86.40 8.76 1.87 95.54 9.72 2.05

1 Month Change -1.51 -0.17 -0.03 -2.25 -0.26 -0.05
3 Month Change 0.36 0.18 0.09 9.20 1.27 0.29


GROWTH
2010 (A) 2011 (E) 2012 (E)

Norm. EPS -11.56% 17.62% 11.03%
DPS 17.39% 38.74% 9.29%

INVESTMENT RATIOS
2010 (A) 2011 (E) 2012 (E)

EBITDA 80.60m 94.71m 104.47m
EBIT 71.98m 76.79m 84.89m
Dividend Yield 1.00% 1.38% 1.51%
Dividend Cover 5.52x 4.68x 4.75x
PER 18.18x 15.46x 13.92x
PEG -1.57f 0.88f 1.26f
Net Asset Value PS 27.30p 44.24p 51.15p

OUTLOOK 3/march 2011

Outlook

We are confident that the market for test and measurement will show further growth in 2011 and future years. Ethernet, wireless device and positioning test markets all show positive signs for growth in 2011. We continue to invest in new test solutions and in enhancing our current capabilities in the areas that matter most to our customers as they look to improve time to market of their industry leading products and services

SPIRENT SPT......

Latest Broker SP targets on this stock.........

Date Broker name New Price Old price target New price target Broker change

06-Apr-11 Panmure Gordon Buy 136.70p 164.00p - Reiteration
06-Apr-11 Morgan Stanley Equal-weight 136.70p - 160.00p New Coverage

Should provide some nice upside.

Broker upgrade just out for SPT......

Spirent Communications
FTSE 250
Communications
Buy
165
134.4
22.8%
Singer Capital Markets

SP Target 165p 22.8% upside.

The arrival of the new 4G mobile networks this year is likely to give telecoms testing business Spirent a major boost. New product development and acquisitions have added unique technology capabilities, which mean its more profitable than industry rivals despite trading on a similar rating.

The share price should rally ahead of its 2012 full year results announcement on 28 Feb. The share has fallen from a high of 170p in Sept. Some analysts are targeting a 23% upside for the shares over the coming months. Current PE of 13 perhaps re-rating to a sector average rating of 16. Broker Panmure Gordon believes the shares could hit 184p as the market re-rates the stock.

Re-rating , getting towards PG target of 184p

Sold my holding

London, UK - 2 March 2017: Spirent Communications plc ("Spirent", the "Company" or the "Group") (LSE: SPT), a leading communications technology company, today announces its full year results for the financial year ended 31 December 2016.

Performance highlights
· Strong growth in largest business, Networks & Applications, revenue increased 6 per cent driven by strong demand for high-speed Ethernet and test automation, operating profit before exceptional items up 33 per cent.
· Positioning delivered strong growth, although revenue in Wireless & Positioning reduced 14 per cent due to the contraction in the device test market. Operating profit before exceptional items increased 15 per cent and operating margin before exceptional items rose to 14.4 per cent due to strong performance in Positioning and operating expense management.
· Service Assurance revenue decreased by 17 per cent as expected, reflecting part of the non-repeating contract for hand-held test tools delivered in 2015, while maintaining operating margin before exceptional items at 14.6 per cent.
· 18 new products were launched including the industry's first Quint-speed high-speed Ethernet product covering 100G, 50G, 40G, 25G and 10G, the industry's first 2.5G and 5G BASE-T Ethernet test solution, software-as-a-service solution for network and cloud testing, next-generation channel emulator, an innovative security test product and a mid-range global navigation satellite system (GNSS) simulator.
· Major contract won with Tier-1 service provider for active testing in the network.
· Completed our security test product (CyberFlood) and launched our security consulting practice (SecurityLabs). Closed deals with a large global telecoms company, a leading security products vendor and a global financial institution.
· Received Duke of Edinburgh's Navigation Award for Technical Achievement.

Business review
· Business review undertaken to accelerate progress on strategy.
· Sought to identify areas most likely to deliver combination of long-term operational success and optimal earnings growth potential.
· From a wide portfolio of technical offerings, we have decided to narrow our focus on key growth areas and combine business units which result in synergies for both technical and customer offerings, allowing a more streamlined management structure. Reorganisation around three focused segments driven by market trends: Networks & Security, Lifecycle Service Assurance and Connected Devices.
· Goodwill and acquired intangible asset impairment of $69.1 million taken in the year, reflecting the impact of narrowing of focus and new segmentation, relating to the Wireless, Device Intelligence and Developer Tools lines of business.

Outlook
Strategic contract wins in our core business in 2016 for high-speed Ethernet test systems, virtualisation, cloud, and active test in operational networks for major service providers, combined with competitive wins with new security test solutions, give the Board confidence to expect growth in 2017.

Eric Hutchinson, Chief Executive Officer, commented:
"We are focusing the business on the large sustainable growth vectors that matter most to our customers. These are driven by the exponential growth in data, the virtualisation of networks and assurance against cyber security threats. Our competitive wins and market share gains demonstrate that we are on track and are well positioned for future growth."

Barclays Capital today reaffirms its equal weight investment rating on Spirent Communications PLC (LON:SPT) and raised its price target to 101p (from 74p).