Calnex Solutions Share Discussion Threads

[rivaldo] 06/6/2021 22:46

Actually, to be precise, it's "I suggested taking profit in January at 126.5p and that remains my view" - which at the time was to sell half and keep the rest.

So if you've already taken profits as per January's advice, that presumably means continue to retain the rest.

[mngf] 06/6/2021 20:45

Reaffirmed sell on SCSW

[jimmywilson612] 04/6/2021 13:56

I hope you're right green - I'd be opening my wallet up for sure at that level.

[greenknight1] 04/6/2021 13:25

That may be so but I see a test up to about 107p then a further drop into the 80s

[greenknight1] 04/6/2021 11:58

I think it will be a small bounce. My chart is predicting this will visit the 80s.

[rivaldo] 04/6/2021 11:33

Looks like the bounce is on....

[onjohn] 02/6/2021 09:17

don't catch falling knife

[onjohn] 01/6/2021 14:46

I'm waiting till 80p

[techno20] 01/6/2021 13:10

Just taken the opportunity to buy back in. Been out for a few months, but now looking much better value. GLA

[tomps2] 01/6/2021 11:10

CLX anayst presentation from 25.5.21.

Video:

Podcast:

[mngf] 01/6/2021 11:08

I think you are right rivaldo, the market is currently (correctly) pricing in the flat forecast. So we need an "ahead" statement to bring investors in or the market needs to think there will be an ahead statement. I've been trying to assess my holdings based on "if I didn't hold it would I buy it?" This is a tough one as I want 5G exposure but this share has already re-rated based on growth and now management says sales will be flat...

[rivaldo] 01/6/2021 10:39

Worth remembering that CLX now has 12.6p per share in cash.

At the now 103p mid-price, that leaves CLX on a historic ex-cash P/E of only 15.6. Which is pretty low for a growth company in booming sectors.

Of course one then has to take a view on whether you believe the current year forecasts are "prudent" or "realistic".

Cenkos themselves say that they've taken a "prudent view" of forecast profitability. I think that's a very likely possibility given the character of the CEO and everything that's happened post-IPO!

[dr biotech] 01/6/2021 10:37

When I bought these I was looking at a 2-3 year timescale. When will it be “peak 5G” ie when will the network be expanding the quickest and needing the most testing. They then doubled after a few weeks, I sold a few at 125 then bought back in on the dip about 115.

I was hoping for trading to be ahead of the upgraded expectations - it wasn’t (still pretty good) so thought I’d sell and wait until the next chance of an upgrade. So sold last week at 113. One great 100% trade and one where I lost.

I’ve tried to become less emotional with my trades. I like the company and the story, but do I think it will go up over the next 6 months? If not I’ll sell.

My largest holdings are now smaller company trusts. Let other people with better track records than me do the work.

[johndoe23] 01/6/2021 10:08

Hi. I'm in the same predicament as you. Timing the market is a difficult tactic, next support looks like 100p then 92p.It could well bounce at any level though. 92p would mean a pe of 15, cheap if you ask me!

[jimmywilson612] 01/6/2021 09:53

I've tried to time the market before - and I usually fail. Good luck if you try it and hope it works out for you.

[onjohn] 01/6/2021 09:50

😂

Or sell in sipp and try to buy back at 80

[jimmywilson612] 01/6/2021 09:45

Might be one to transfer into your SIPP - I'm 32 and shares like this I'll just put into a SIPP as I can't access the cash for a little while - so can help ignore the short term

[mngf] 01/6/2021 09:28

Tough one this stock. I knew it will drift as results are going to be flat but long term I like it. So I'm slowly seeing my losses build up on this. Ideally I would have sold on results day ready to back in the 90s but who knows if we will get there. Best just ignore the share price I think

[redartbmud] 27/5/2021 10:21

rivaldo

Totally agree. This share is a compelling long term hold.

[rivaldo] 26/5/2021 14:59

I thought the CLX webinar was very straightforward and impressive. I do like the management team, who imo are seem to me to be prudent, knowledgeable, honest, ambitious and have their heads screwed on in the right way.

It lasted a full hour, including questions which were answered satisfactorily and extensively. It was interesting to hear that Brexit had almost no effect on CLX, and that the current worries about shortages in the semiconductor market should similarly not be a problem.

[lsoc85] 26/5/2021 10:16

HL have published the results which puts the current p/e ratio at a miserly 19 (still too high for MFC, mind).

Absolute bargain for long term holders. I reckon folk may be just waiting to see if it drops any further before getting involved.

[lsoc85] 25/5/2021 23:45

Especially not with a dour Scotsman at the top.

For a tremendous debut of a public company (let's not forget the amount of tech PLC's that don't even have a P/E ratio for their first five years of floatation!) that statement was as low key as the one hidden under the plant pot 🤦‍a94;️😂

Keep the faith, longers. Calnex has already got EPS of 5p which will grow, no doubt about it. The p/e, although not yet published on any site I've seen (happy if you can point me), is currently c.23 - in a direct 5G industry!!

We've no worries here. Patience is all that's required. The fearful will soon be involved, scared of losing out 👍

[redartbmud] 25/5/2021 20:21

Not surprised. The propspect of a flat 2022 is unappealing to the short term holders expext immediate fireworks. Life isn't often like that.