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CLX Calnex Solutions Plc

54.50
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Calnex Solutions Plc CLX London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 54.50 08:00:00
Open Price Low Price High Price Close Price Previous Close
54.50 54.50 54.50 54.50 54.50
more quote information »
Industry Sector
MOBILE TELECOMMUNICATIONS

Calnex Solutions CLX Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
21/11/2023InterimGBP0.003130/11/202301/12/202315/12/2023
23/05/2023FinalGBP0.006227/07/202328/07/202330/08/2023
22/11/2022InterimGBP0.003101/12/202202/12/202216/12/2022
24/05/2022FinalGBP0.005628/07/202229/07/202230/08/2022
23/11/2021InterimGBP0.002802/12/202103/12/202117/12/2021

Top Dividend Posts

Top Posts
Posted at 03/4/2024 09:45 by 2bluelynn
Funny enough John I sold out and bought ITV a week back 3.3 ex pence divi 11th of April
Posted at 31/1/2024 08:18 by masurenguy
Calnex panic entices Sanford DeLand’s Burns

The steep fall suffered by network testing technology provider Calnex (CLX) is a classic example of panic selling, says Sanford DeLand manager Eric Burns, who has added to his position. "After several years of stellar growth, brought about by the increasing sophistication of mobile networks, it fell foul of a significant reining in of capital spending, especially in North America. The share price reaction to Calnex is a classic example of… panic selling. It is at such a time investor psychology becomes paramount. Investors are encouraged to take a step back, assess the situation objectively, and consider the long-term fundamentals of the investment." Burns said.

While Burns said market downturns are painful short-term, they also present opportunities and he added to his position as the shares slumped into ‘deep value territory’. Burns holds the stock in his £70m CFP SDL Free Spirit fund, where it was the biggest detractor in December as the shares shed more than 60%. They closed at 77.2p on Tuesday, having clawed back almost 12% over the last week.
Posted at 22/12/2023 12:20 by swiss paul
Spirent in the 250 - CLX is not.
Posted at 26/10/2023 10:32 by swiss paul
Heads Up:
Notice of Investor Presentation

Calnex Solutions plc (AIM: CLX), a leading provider of test and measurement solutions for the global telecommunications and cloud computing markets, will be announcing its interim results for the six months ended 30 September 2023 on Tuesday, 21 November 2023.

Investor Presentation

The management team will provide a live presentation relating to the results via the Investor Meet Company platform on Wednesday, 22 November 2023 at 1pm.

The presentation is open to all existing and potential shareholders and registration can be completed via the following link:

hxxps://www.investormeetcompany.com/calnex-solutions-plc/register-investor

Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

Investors who already follow Calnex Solutions plc on the Investor Meet Company platform will automatically be invited.
Posted at 19/10/2023 13:33 by fuji99
Unfortunately 5G or CLX sector is slowing down as flagged up by Nokia laying off up to 14.000 jobs:
(See multibagger bbc link)
Posted at 17/10/2023 09:59 by owenski
Cash position was 19m at March this year, it's now 13.5m

Cash going down, although some of that might be spend on inventory, but it doesn't quantify.

If they do get a 30% reduction in revenue and operating costs remain the same - likely, unless they're making redundancies, then revenue could be as low as 19.1m and
Gross profit 14.3m if they maintain 75% GM
Hopefully cost of sales will be lower??? but the rest without reduced head count will remain the same.
If their expenses remain broadly similar - 6.9m sales and 13.9m admin (can't see cost of sales staying the same obviously, it has tended to be 20 - 25% of revenue, so it should fall to 4.75m ish)
So rough ball park - 4.75 + 13.9 = 18.65

Rev. 19.1- 18.65 = PBT of 0.45m, could even tip into a loss.

Ball park rough estimates only at CLX's 30% lower estimates.

Not good though is it and with an uncertain outlook.

Personally, I don't think CLX looks cheap, no wonder that director dumped his stock.

NAI
Posted at 12/10/2023 11:17 by apad
I have been speculating about the private company that does the manufacturing for CLX. It is a special relationship and as things are bad for CLX they could be worse for their manufacturer. Because it is a private company we have no means of knowing whether it can/wants to weather a recession.
apad
Posted at 11/10/2023 11:08 by redartbmud
According to the header, Tommy Cook has 21.0% of the share capital.
No idea what the carrying cost is after options etc, but he must be smarting at this point in time.

The only comfort that I have is the cash in the bank.
It wasn't so long ago that they hired more staff, so any discussions with partners and industry experts didn't indicate an eartquake and landslide on the immediate horizon.
The forecast indicates a recovery in 2025 but a lot of water has to flow under the bridge before then.

A number of questions now arise for Clx and the industry.
1. What will happen to R&D?
2. Will capacity be semi-permanently withdrawn from the market place as businesses retrench?
3. When 'normality' returns, how fast will demand pick up, and to what extent?
4. What will happen to prices, margins and therefore profitability going forward?
5. Will/should the players reduce staff numbers in the immediate short-term if there are no orders and no work. Staff are an expensive commodity and a drain on cash reserves if significantly under-utilised.

Maybe Tommy & Ashleigh should fess up in front of the cameras and explain what, how, why and when things happened and how they plan to move forward to recover the situation that they are in control of, relative to the industry problem that has arisen.

Consolidation of businesses from a position of weakness all around may not be an answer that anyone would wish to happen.

red
Posted at 10/10/2023 16:15 by rp19
CLX could threaten initial listing price. Ex-holding and one for the watchlist - market conditions are poor but feel it is a good company.
Posted at 04/10/2023 10:32 by jimmywilson612
Does anyone know what FY24 Market expectations are please?

CLX is a great company operating in a very difficult telco-macro environment. Question is how low is it going to go, and how greedy you want to be?

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