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

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 *
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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).