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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
|
|
|---|---|---|---|---|
| 1.00 | 1.47% | 69.00 | 09:00:08 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 68.00 | 68.00 | 69.00 | 69.00 | 68.00 |
| Industry Sector |
|---|
| MOBILE TELECOMMUNICATIONS |
| Top Posts |
|---|
Posted at 20/11/2024 21:33 by swiss paul hxxps://presentation |
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 19/7/2024 11:41 by yorkshare investor Reviewing last year, there were 1m nil price options issued to management around the same timeline, so this is clearly a recurring LTIP, which makes the volume very eyebrow raising. Currently 2m nil price options issued to management in 2 years!. The typical share scheme for a FTSE100 C suite is around 100-150% of salary a year - with the greatest respect to the calnex board, they are not a FTSE100, and reviewing the biographies, do not have the pedigree that would suggest this level of remuneration is justified. Share price performance shows it certainly hasnt been earned.Thankfully i was an early investor at 52p, the current share price is on my watch list, buy isnt setting off any huge red flags given the market conditions. What is giving me cause for concern, is my feelings toward the board who are incentivising themselves so heavily. Trust in the C suite, and gut feel play a huge part of AIM investing - CEO and CFO are losing goodwill that came from the early presentations where both came across as credible. I worry now this is the age old AIM story of deep pocketed boards retiring on shareholder losses.. An earlier post used the analogy of pigs at the trough, it is hard to disagree. Agree the half year statements will be very revealing. |
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 23/5/2024 13:45 by swiss paul The facts are there my man. Trouble is you don't want to see them.Your only putting in the turnover - erm what's the profit (loss of 0.4m). C'mon your a seasoned investor - Turnover = Vanity. Profit = Sanity. Even the loss was mitigated by a tax credit. On a positive your dead cat has bounced (.15%) - so your polishing seems to be working well! As an aside you do know a stock market operates on sentiment. PS have you seen below? hxxps://www.investor If not - go and educate yourself Oscar - Foxtrotted :-) |
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 26/10/2023 09:32 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.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 14/7/2023 09:55 by swiss paul lo and behold:Fund manager Nick Train has said that UK equities are “abysmally&rdq Train, who is one of the UK’s best-known fund managers and runs the £4.4bn Lindsell Train UK Equity fund, said that UK valuations far below other developed markets did not necessarily make it a good time to scoop up bargains. “I am cautious because I know that one person’s ostensibly low valuation is another’s moribund value trap. In other words, markets can stay frustratingly cheap for a very long time,” he said. The FTSE All-Share index trades at 10 times earnings, according to Bloomberg, compared with the S&P 500 at 22 times earnings, the largest gap on record according to Train. The S&P 500 returned 11 per cent in the first half of the year in sterling terms, compared with 2.6 per cent for the FTSE All-Share. Train’s comments come as UK policymakers attempt to boost the attractiveness of the City of London, which has been struggling with a dearth of initial public offerings. Cambridge-based chipmaker Arm in March chose New York for its upcoming listing, in a big blow to the London market. Nick Train says there are opportunities to snap up ‘wonderful companies that are wrongly priced’ Train said that the UK’s lack of big technology companies was one of the reasons the market continued to trade at a low valuation, although he also pointed to the decline in domestic pension funds investing in London-listed shares. Richard Buxton, UK fund manager at Jupiter, said the composition of the UK index, in which older industries such as oil and gas have a high weighting, meant it would “always likely trade at cheaper valuations than other markets”. “The discount across other sectors has widened in recent years as Brexit has damaged the economy and its prospects,” he added. “Our trend growth rate is materially lower than it was 30 years ago. For a number of years now, there has been and remains political instability and uncertainty.” Henry Dixon, UK fund manager at Man GLG, said the UK stock market was shrinking partly because of share buybacks and mergers. “You could argue the UK is a finite asset with less than 10 years to live,” he said last week at a conference hosted by Morningstar. “If I presented those demand dynamics and those supply dynamics about copper, we’d be talking about copper prices doubling. But we never talk about UK equities doubling.” Train, who invests in the London Stock Exchange Group, said that the negative sentiment meant there were opportunities to snap up “wonderful companies that are wrongly priced”, citing cloud-software provider Sage as an example. |
Posted at 12/7/2023 15:33 by swiss paul Yep they (financial press) keep repeating that mantra - but I dont think it holds water, because if it did Int'l investors would be piing in - or even buying the company. Strange how its not happening! |
Posted at 30/5/2023 20:24 by hazl Rivaldo you have always been a decent character, please could you filter or ban, as it's your thread, anyone that brings this up again.Apologies to investors here. |
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