Calnex Solutions Share Discussion Threads

[onjohn] 01/3/2022 07:24

Do they sell in Russia

[rivaldo] 01/3/2022 07:19

Terrific update this morning:

- the year to March'22 will be in line with previously upgraded expectations
- the coming year "is likely to be materially ahead of current market expectations"
- CLX have received "a significant order from a large data centre customer" which signals the start of a very material new market
- CLX have successfully negotitated their way through the various current supply chain issues - and there's "the potential for further growth" should those issues ease

[masurenguy] 01/3/2022 07:15

Good trading update !

Trading Update

The Board is pleased to report that the strong levels of trading in the first six months of FY22 have continued and it anticipates that, subject to the fulfilment of scheduled orders in March, the Group's performance in FY22 will be in line with market expectations. Furthermore, the Company will begin FY23 with a record order book across all product lines and it is anticipated that revenue and operating profit for FY23 will be materially ahead of market expectations. The order book includes a significant order from a large data centre customer for delivery of a new, emerging market application in FY23. The Board is assessing the opportunities this may create for Calnex within the data centre market.

The Company has experienced high demand for its range of test and measurement solutions, and the introduction of new regulation and standards for the telecoms industry continues to drive demand for Calnex's products. The Company has successfully managed the challenges of ongoing global semiconductor shortages during the year to minimise the impact on Calnex's ability to manufacture and ship product; however, the Company has experienced reduced availability of certain components in the final quarter of FY22, partly as a result of the level of orders Calnex is being asked to fulfil. Subject to the fulfilment of certain orders currently scheduled to be shipped in March, the Board expects that the Group's FY22 financial performance will be in line with market expectations.

The Board will provide further guidance on FY23 with the release of its Final Results in May 2022.

Tommy Cook, Founder and CEO of Calnex, said:"We are highly encouraged by the record level of orders we have received across our customer base, demonstrating the quality of our solutions and their applicability. We anticipate next year will see revenue and profits considerably ahead of initial forecasts, with the potential for further growth should the supply chain issues ease and we are able to capitalise on the significant opportunities within our markets. We remain highly profitable and cash generative and will continue to invest in our offering and people to ensure we are well positioned to continue to capitalise on the growth in the telecoms and cloud computing markets."

[2bluelynn] 16/2/2022 17:43

That's what I thought . I picked up some more before close today to add to my holding- just hope they're good . No rise on the way upto them so hoping no one's bought into the results If all good which I hope they will be ,might be a nice rise ? Let's see ?

[dicktrade] 16/2/2022 16:46

There could be ,there was one on Feb 16 last year .

[2bluelynn] 16/2/2022 16:23

Is there a trading statement tomorrow. Lot of last minute buys bobbing in

[whittler100] 15/2/2022 15:13

Rather interesting: as far as I can see, CLX staff numbers are around From the 2021 AR for CLX staff numbers: Year 2020 total staff 82 (48 development, 27 Admin, 7 management) Year 2021 total staff 100 (58 development, 33 Admin, 9 management). They have been advertising a fair amount these past few months; the latest vacancies published today by CLX 18 posts: Twitter link today:

hxxps://www.calnexsol.com/en/careers

[doctor888] 04/2/2022 13:05

The market also missed this:

hxxps://www.rcrwireless.com/20220120/open_ran/vodafone-claims-first-oran-site-uk

[masurenguy] 04/2/2022 12:53

Good spot Riv - the story here continues to get better !

[rivaldo] 04/2/2022 12:38

This bodes well for SPT and therefore CLX:



"Canaccord Genuity positive on US opportunities for Spirent Communication

Analysts at Canaccord Genuity took a fresh look at telecommunications testing outfit Spirent Communications on Thursday after the company finished 2021 "on a high note" and said it was "encouraged" by signs that some of its top customers were planning to increase capex in the current year.

Canaccord Genuity said Spirent ended the year with a "solid" order book and stated it was further encouraged by signs that three of the firm's top customers, AT&T, Verizon and T-Mobile, were planning to increase spending on network equipment and 5G deployments by a combined 9% in 2022.

The Canadian broker noted that as the major US network providers continue their network upgrades, it expects another year of "solid spending growth" on 5G as well as fibre and high-speed ethernet rollouts and pointed out that Spirent should also benefit from a ramp-up in capex at Dish, which has begun to build a 5G greenfield network with a $10.0bn overall budget, with Spirent named supplier of 5G core network test and validation solutions.

"The US makes up 55% of Spirent's revenues, and we estimate the three US service providers plus Dish generate circa 35-40% of sales, buying its testing and network assurance solutions," said the analysts, who stood by their 'buy' rating and 320.0p target price on the stock.

While Canaccord added that test and measurement was "a relatively small part of overall telecom capex", it believes a double-digit increase in spending budgets will provide "a solid growth backdrop for Spirent"."

[tole] 25/1/2022 19:18

https://www.fool.co.uk/2022/01/24/3-top-metaverse-stocks-id-buy-today-for-2022-and-beyond/#3: superfast networksOne area where the metaverse is expected to drive growth is virtual and augmented reality. Delivering this kind of service needs fast and reliable networks. That's where my final pick comes in.Calnex Solutions (LSE: CLX) specialises in "test and measurement solutions for the global telecommunications sector". It's a recent addition to the UK market that's impressed me considerably so far, with a track record of growth, 20% profit margins and owner-management.One risk for shareholders is that Calnex only listed on the stock market 15 months ago. I think there's some risk of a slowdown after sales rose by 20% last year. However, long term I don't think this should matter.Founder Tommy Cook expects cloud computing and 5G mobile to create new opportunities. I agree. I'd be happy buying a few Calnex shares today to tuck away for the next decade.

[rivaldo] 25/1/2022 12:40

The NED sale is more encouraging than anything else. Firstly, the headline should be "NED retains 75% of very large stake, sells just 25% and retains 2m shares". Secondly, the trade occurred on 18th Jan, when the bid price was at 125p, so the sale was snapped up by institutional buyers at absolutely no discount to the bid price at the time, the spread being 125p -126p. Thirdly, there are very few points during a period when PLC directors can both sell without being "inside" and there is sufficient institutional demand to mop up those shares.

But I don't suppose most will look into these details.

[johndoe23] 25/1/2022 11:55

Large NED sale causing a few to sell this morning...

[rivaldo] 20/1/2022 15:41

Hopefully this afternoon's rebound indicates that sellers have been cleared out, especially given the excellent news from SPT today.

[petewy] 20/1/2022 09:17

I have SPT as well and it's nice to see it move.

[hew] 20/1/2022 08:17

No knowledge of the actual tech or business relationship, but I see these extracts from today's update by Spirent as positive for CLX:

“In the final quarter, we benefited from material growth from our Lifecycle Service Assurance business, driven by increased demand and new customer wins for both lab solutions and, especially, for live assurance solutions, as 5G networks continue to roll out globally.”

“High-speed Ethernet demand outperformed the last quarter of 2020, while Spirent's application security sales continued to progress well; some rebound was also experienced in orders for lab-based Positioning products.”

[rivaldo] 19/1/2022 15:15

Nice 20k buy at 132p - 1p above the 131p published offer price at the time. Looks like someone's keen.

[sphere25] 19/1/2022 14:27

Oh those sneaky sneaky market makers. They dropped the bid yesterday on those large trades (above) @125p making it look like a seller is still in the market and then this...

Buying closed off now. No shares available at 131p.

Breakout time?

All imo
DYOR

[sphere25] 19/1/2022 10:21

Stream of buys here.

Had a little nibble trying to play the breakout.

It is having a go at breaking out.

Sellers done? Not always straightforward to tell - delayed blocks to come or were they all done yesterday?

Might be worth keeping an eye on.

All imo
DYOR

[piedro] 11/1/2022 11:50

Is that not a perfect 'head & shoulders' on the chart?

[redartbmud] 11/1/2022 07:56

rivaldo

Looks like they can add something to the business, but both are over-boarded!!

red

[rivaldo] 11/1/2022 07:16

Two impressive/heavyweight non-exec Board appointments today, which should please the City and bring in a raft of contacts "at what is an exciting time for Calnex, as we seek to capitalise on the telecoms industry's ongoing transition to 5G alongside the growth of cloud computing":

[zho] 08/1/2022 08:08

The CLX website says that they currently have 66 employees, so advertising for 14 positions suggests a fair degree of expansion.