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| 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% | 61.00 | 10:03:26 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 62.00 | 61.00 | 62.00 | 61.00 |
| Industry Sector |
|---|
| MOBILE TELECOMMUNICATIONS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 21/05/2024 | Final | GBP | 0.0062 | 25/07/2024 | 26/07/2024 | 30/08/2024 |
| 21/11/2023 | Interim | GBP | 0.0031 | 30/11/2023 | 01/12/2023 | 15/12/2023 |
| 23/05/2023 | Final | GBP | 0.0062 | 27/07/2023 | 28/07/2023 | 30/08/2023 |
| 22/11/2022 | Interim | GBP | 0.0031 | 01/12/2022 | 02/12/2022 | 16/12/2022 |
| 24/05/2022 | Final | GBP | 0.0056 | 28/07/2022 | 29/07/2022 | 30/08/2022 |
| 23/11/2021 | Interim | GBP | 0.0028 | 02/12/2021 | 03/12/2021 | 17/12/2021 |
| Top Posts |
|---|
Posted at 02/10/2024 05:42 by masurenguy Calnex requires patienceInvestors will need to remain patient with test and measurement instruments provider Calnex Solutions (CLX) as it fails to escape subdued industry activity, says Sanford DeLand manager Eric Burns. He holds the stock in his £67m CFP SDL Free Spirit fund where it gained 12.4% in August on the back of an annual general meeting trading update that confirmed performance was in line with expectations. However, the company suffered a setback earlier in the year when it made the decision to terminate its reseller agreement with Spirent Communications (SPT). Burns said this "caused some unease among investors but reassuringly, a new channel partner network is now operational and covering the group’s territories of North America, Europe, Middle East and Africa, and Asia Pacific. The company is also working to establish direct supplier relationships with several of its key customers. Despite these positive operational developments, it should be noted that the industry outlook remains challenging with activity levels expected to remain subdued for the remainder of the year." he said The tough backdrop means ‘patience will continue to be required here,’ said Burns. The shares tumbled 3.9% to 50p on Tuesday, extending losses to 58% over the last 12 months. |
Posted at 06/9/2024 08:16 by swiss paul I dont remember being consulted. Anyway the way ths share has been performing. I thnk they are cheeky barstewards:Proposed Amendment to Existing Incentive Schemes and Notice of General Meeting Calnex Solutions plc (AIM: CLX), a leading provider of test and measurement solutions for the global telecommunications and cloud computing markets has today sent a Circular to Shareholders setting out details of a proposed amendment to the Company's existing share-based and non-share-based incentive schemes (the "Existing Incentive Schemes"). The Company is currently restricted under the terms of certain of the Existing Incentive Schemes from issuing options over Ordinary Shares exceeding 10 per cent. of the Company's issued share capital (the "Current Share Option Limit"). In order to enable the Board to continue to use share-based incentive schemes to retain, recruit and incentivise executives, senior management and key staff of the Company, in what is a highly competitive market, the Board of Calnex recently undertook a consultation process with a significant number of institutional and individual shareholders to establish their views on the Board's proposal to amend the Current Share Option Limit. Having considered the feedback from the consultation process, the Board is proposing to increase the Current Share Option Limit to 12.5 per cent. of the Company's issued share capital. It is intended that, following the use of this additional headroom for a period, the Board will seek to manage the number of options granted under the Existing Incentive Schemes below 10 per cent. of the issued share capital. The proposed amendment to the Current Share Option Limit requires the approval of Shareholders and the Company will today post a circular to Shareholders, along with a notice convening the General Meeting, which is to be held at Oracle Campus, Linlithgow, EH49 7LR on 2 October 2024 at 9.30 a.m. Further details on the proposal are set out below in the Letter from the Chair of the Company and both the Circular and Notice of General Meeting are available on the Company's website www.calnexsol.com. |
Posted at 18/7/2024 20:46 by sharesurfer1 You have to assume that the interim report due in November must be positive, or else this award seems wholly inappropriate given the plummeting revenues, profits and cash. Quite shameful.I had expected news of lay offs at CLX, it seemed inevitable that cost efficiency measures were required to address the operational gearing given the market is still stagnant. If they are cutting costs, whilst issuing shre options of this scale to the C suite, it is in exceptionally poor taste. If they are not cutting costs and delivering large loss making portions to shareholders, then this board needs removed. It's competency and and judgement seem compromised by greed. |
Posted at 18/7/2024 13:30 by swiss paul Well here is that chance to hold the board to account:Notice of Annual General Meeting and posting of Annual Report Calnex Solutions plc (AIM: CLX), a leading provider of test and measurement solutions for the global telecommunications and cloud computing markets, confirms that its Annual General Meeting ("AGM") will be held on 22 August 2024 at 9am at Oracle Campus, Linlithgow, EH49 7LR. The Company's Annual Report and Accounts for the financial year ended 31 March 2024, along with the Notice of Annual General Meeting and a Form of Proxy, has been posted to shareholders and is available on the Company's website at: hxxps://investors.ca AGM arrangements The AGM will be held in person, but we are pleased to offer the opportunity again for shareholders (or their duly appointed representatives and/or proxies) to participate remotely via Zoom, with the details of how to participate set out below. It would help the Company's planning if shareholders who wished to attend in person could email investors@calnexsol. Details of any significant changes to the AGM arrangements will be published on the Company's website (hxxps://investors.c The Company is committed to encouraging shareholder engagement on the business of the AGM. As such, in addition to voting by proxy, shareholders (including any of their duly appointed proxies and/or corporate representatives) will be able to participate in the AGM by Zoom. Participating by Zoom will allow shareholders to view and listen to the AGM remotely and to follow the proceedings in real time as well as asking questions, if they are invited to do so. Please note, however, that shareholders will not be able to vote if participating by Zoom and it is therefore important that, if they wish to vote at the AGM, shareholders either physically attend the AGM or appoint a proxy to attend and vote on their behalf. Information on how to participate by Zoom can be found below. In order to participate by Zoom, shareholders will be required to pre-register by sending an email to investors@calnexsol. The results of the voting will be available on the Company's website at hxxps://investors.ca Dividend timetable As confirmed in the announcement of the Company's final results for the year ended 31 March 2024, released on 21 May 2024, the directors are proposing a final dividend of 0.62p per share. The final dividend will be proposed for approval at the AGM and, if approved, will be paid on 30 August 2024 to all shareholders on the register as at close of business on 26 July 2024, the record date. The ex-dividend date will be 25 July 2024. |
Posted at 17/7/2024 16:44 by swiss paul Oh dear seems piggies are more interested in trough than share price. I wonder whta these 'stretching' aspects are;Long-Term Incentive Plan Awards Calnex Solutions plc (AIM: CLX), a leading provider of test and measurement solutions for the global telecommunications sector and cloud computing markets, is pleased to confirm that share option awards, subject to performance metrics, have been issued to Calnex's executive and senior management team under the Company's long-term incentive plan ("LTIP"). A total of 1,153,198 awards under the LTIP have been granted in the form of nominal cost share options, which will vest over a three-year period commencing 1 April 2024, subject to the satisfaction of performance metrics. Details of those LTIP awards issued to the Company's PDMRs are listed below. Tommy gets 230,705 @ 1p Ashleigh gets 165,634 @1p Anand (VP Bizz Development) 366,853 @1p Nice work - if they can get it. Wonder which NED came up with that little blinder eh. Edit as an aside I saw this on another board I think it is only fair to know what the hurdles are for these annual option packages as they are quite significant now. I have never liked nil cost options because there is no cash investment by the holders. Secretive share options are even worse because awardees will tend to manage the company to achieve the share option hurdles even if that means decisions which they know are not in the best long-term interests of the company. |
Posted at 03/4/2024 08:45 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 BurnsThe 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 17/10/2023 08:59 by owenski Cash position was 19m at March this year, it's now 13.5mCash 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 10:17 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 |
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