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Calnex Solutions Plc (CLX)
Calnex Solutions Plc (CLX) Share Price

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Calnex Solutions Plc	LSE:CLX	London	Ordinary Share	GB00BMBK7016	ORD GBP0.00125

	Price Change	% Change	Share Price	Shares Traded	Last Trade
	2.00	1.83%	111.00	58,226	16:04:55

Bid Price		Offer Price	High Price	Low Price	Open Price
110.00		112.00	111.00	109.00	109.00

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Communications Services, Nec	22.05	4.54	5.20	21.80	97.13

Last Trade Time	Trade Type	Trade Size	Trade Price	Currency
17:07:41	O	10,000	111.00	GBX

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Calnex Solutions (CLX) Latest News

Calnex Solutions News

Date	Time	Source	Headline
23/5/2023	11:45	ALNC	Calnex shares rise as it reports on double-digit annual growth
23/5/2023	07:00	UKREG	Calnex Solutions PLC FY23 Final Results
11/5/2023	09:00	UKREG	Calnex Solutions PLC PDMR Dealings
04/5/2023	07:00	UKREG	Calnex Solutions PLC Notice of Results and Investor Presentation
14/4/2023	18:03	UKREG	Calnex Solutions PLC PDMR Dealings
14/4/2023	15:24	UKREG	Calnex Solutions PLC Director Dealing
15/3/2023	13:15	UKREG	Calnex Solutions PLC Director Dealings
14/3/2023	16:00	UKREG	Calnex Solutions PLC PDMR Dealings
07/3/2023	13:38	ALNC	Calnex drops as warns on future performance amid challenging backdrop
07/3/2023	09:05	UKREG	Calnex Solutions PLC Second Price Monitoring Extn

More Calnex Solutions News

Calnex Solutions Investors Calnex Solutions Takeover Rumours

Calnex Solutions (CLX) Discussions and Chat

Calnex Solutions Forums and Chat

Date	Time	Title	Posts
30/5/2023	21:24	CALNEX: telecoms testing/measurement ready for 5G rollout	787
20/10/2020	16:20	calyx group is it worth buying	86

Add a New Thread

Calnex Solutions (CLX) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
16:07:41	111.00	10,000	11,100.00	O
15:04:26	111.00	18	19.98	O
15:04:26	111.00	150	166.50	O
15:04:26	111.00	31	34.41	O
15:04:23	110.00	3,000	3,300.00	O

View all Calnex Solutions trades in real-time

Calnex Solutions (CLX) Top Chat Posts

Top Posts
Posted at 23/5/2023 11:13 by redartbmud It would appear that today's share price movement has answered the vexed question. red Read Full Thread Follow Reply
Posted at 23/5/2023 10:52 by nobilis Masurenguy 22 May '23 - 07:57 - 773 of 777 0 4 0 Ashworth-Lord takes Calnex upset on chin Test and measurement instruments provider Calnex Solutions (CLX) has blotted its ‘impeccable217; record for the first time since listing in in 2020, says Sandford DeLand fund manager Keith Ashworth-Lord. Ashworth-Lord has held the stock in his £85m CFP SDL Free Spirit fund since December 2021, where it had until recently been a ‘stellar performer’. However, on 7 March it "succumbed to a disappointing trading update with a slowdown in customers committing to investment decisions, driven no doubt by the more challenging macro backdrop. Calnex is by no means the only company to warn of such challenges, which seem to emanate from the US in particular. Looking beyond the immediate term, Calnex is a business with some very attractive attributes, not least where its niche products sit in the mobile network and cloud computing ecosystem and a customer list to die for.’ said Ashworth-Lord He said the immediate problem is "one of timing’ as orders are being deferred rather than cancelled and it is inconceivable that global 5G or cloud roll-out will stall indefinitely. It is, however, a timely reminder than nothing goes up in a straight line." said Ashworth-Lord. Shares in Calnex fell 4.8% last week to 102p. They have plunged 40% since the alert. hxxps://citywire.com/funds-insider/news The article is not correct that this was his first mistake He took it in the conkers on dark trace too Read Full Thread Follow Reply
Posted at 23/5/2023 07:55 by masurenguy FY23 Final Results Financial Highlights -- Revenue growth of 25% to £27.4m (FY22: £22.0m). -- Growth in profit before tax of 21% to £7.2m (FY22: £6.0m). -- Closing cash position, including fixed term deposits, of £19.1m (31 March 2022: £15.4m). -- Proposed final dividend of 0.62p per share, making 0.93p per share for FY23 (FY22: 0.84p). Outlook -- Trading in Q1 FY24 has continued as anticipated, and the Board is confident in delivering results for the year in line with market expectations as revised in March 2023. -- Whilst customer budgets continue to be restricted in the near term, customer engagement levels remain high and Calnex's mid-term order funnel has strengthened during Q1 FY24, although the timing of conversion of these opportunities into orders remains unclear. -- The breadth of Calnex's customer base across multiple regions, expanding product portfolio and strong balance sheet, alongside the market's structural growth drivers, provide continued confidence in the future. Tommy Cook, CEO said: " FY23 was another year of solid progress where we executed on our strategy, increasing our addressable market, whilst successfully navigating the supply chain challenges, achieving revenue and profit growth, in line with market expectations. While customer budgets remain restricted in the short term, customer engagement levels remain high, and we have been encouraged to see the early signs of a more stable macro environment. We are confident the market's structural growth drivers will continue to drive long-term growth opportunities for Calnex. These include the need to build out new mobile networks to support the transition to 5G, and ongoing data centre investment to support the demand for cloud computing coupled with the need to be more energy efficient. The breadth of our customer base across multiple regions, expanding product portfolio and strong balance sheet, mean we look to the future with continued confidence." Read Full Thread Follow Reply
Posted at 22/5/2023 07:57 by masurenguy Ashworth-Lord takes Calnex upset on chin Test and measurement instruments provider Calnex Solutions (CLX) has blotted its ‘impeccable’ record for the first time since listing in in 2020, says Sandford DeLand fund manager Keith Ashworth-Lord. Ashworth-Lord has held the stock in his £85m CFP SDL Free Spirit fund since December 2021, where it had until recently been a ‘stellar performer’. However, on 7 March it "succumbed to a disappointing trading update with a slowdown in customers committing to investment decisions, driven no doubt by the more challenging macro backdrop. Calnex is by no means the only company to warn of such challenges, which seem to emanate from the US in particular. Looking beyond the immediate term, Calnex is a business with some very attractive attributes, not least where its niche products sit in the mobile network and cloud computing ecosystem and a customer list to die for.’ said Ashworth-Lord He said the immediate problem is "one of timing’ as orders are being deferred rather than cancelled and it is inconceivable that global 5G or cloud roll-out will stall indefinitely. It is, however, a timely reminder than nothing goes up in a straight line." said Ashworth-Lord. Shares in Calnex fell 4.8% last week to 102p. They have plunged 40% since the alert. https://citywire.com/funds-insider/news Read Full Thread Follow Reply
Posted at 07/3/2023 09:25 by rivaldo Thanks for the comments chaps, appreciated. Getting lucky takes practice! CLX shareholders were fortunate to have a proxy company like SPT to follow. I was amazed the share price held and then bounced as it did (and was starting to doubt whether it had been correct to sell). Those left in had a wonderful opportunity to take profits before today's warning. I can see the price dropping to anywhere between 80p-100p given that the forecast for the coming year has been slashed in half to 3.6p EPS (mitigated a little by the forecast £17m cash pile). As RP19 states, CLX is a very good company, but affected by short-term factors. It had to trade perfectly to justify its premium rating. The negative outlook might perhaps encourage bid interest I suppose, but that's no reason to invest in itself. Read Full Thread Follow Reply
Posted at 23/1/2023 08:16 by hydrus Agreed Rivaldo that CLX is expensive and any trading downturn could result in a sharp shareprice correction. However as you said in your post this is a high quality company with a competent CEO. Therefore for me this is one to hold longer term, taking into account the market opportunity. I'll accept the variances in the shareprice and hope the trajectory is from bottom left to the top right over time! I guess another way is trying to time it and trade in and out but that's not my skill set. Good luck with your other investments I think we hold a few in common. Read Full Thread Follow Reply
Posted at 13/1/2023 10:12 by rivaldo Hi gerihatrick. Like you, I also thought of adding some SPT. But SPT is a £1.7 billion m/cap behemoth - ten times the size of CLX. The old saying is that "elephants don't gallop", so I concluded that CLX may have a lot further to go and more quickly than SPT. Especially as I trust TC, whereas I don't know SPT's management. Plus, being so large, there are more moving parts to SPT which could go wrong, whereas CLX is easier to follow and research. Read Full Thread Follow Reply
Posted at 13/1/2023 07:46 by gerihatrick Snap! I also read the article. My only question I have asked myself is whether I should buy Spirent when I already am fully loaded on Calnex. Am I just duplicating the same message? I also feel that the CLX growth in share price has been more rapid than at Spirent. Any thougths appreciated. Read Full Thread Follow Reply
Posted at 09/9/2022 09:06 by rivaldo Cheers Mas. CLX are also featured nicely in the new issue of Shares Magazine just out. They have a table of the best performing IPOs since March 2020. CLX are 5th in the overall list, with a again of 225%, but are actually the best performing IPO of all if you strip out the top four which are all resource/oil companies. They note: "CALNEX PASSES THE TEST Shares in little-known telecoms testing kit maker Calnex (CLX:AIM) have climbed 225% to 156p since the Linlithgow-headquartered company braved pandemic markets by listing its shares on the AIM market in September 2020 at 48p. A global leader in the telecoms network testing space, Calnex’s distinguished list of customers includes BT, Ericsson (ERICB:ST), Nokia (NOKIA:HEL) and Intel (INTC:NASDAQ) and share price strength comes against a backdrop of continued high demand for the company’s range of test and measurement solutions. Calnex is benefiting from supportive market trends with the transition to 5G and growth in cloud computing, the order book remains strong and the company’s broad spread of products and global markets clearly has appeal for investors. Full year results showed another strong year for Calnex, with revenue of £22 million coming in 8.9% ahead of Cenkos’ £20.2 million forecast and pre-tax profit up 64% to £6 million. As the broker commented on 24 May, ‘the long-term macro driver of the transition to 5G and continued growth in cloud migration is also expected to continue to drive demand from both new and existing customers and the record order book as Calnex entered full year 2023 provides a strong outlook with continuing strong sales momentum’." Read Full Thread Follow Reply
Posted at 08/4/2022 21:07 by tole https://www.fool.co.uk/2022/04/08/2-british-stock-market-winners-to-hold-on-to-for-the-long-run/New all-time highsLet's start with Calnex Solutions (LSE: CLX). It specialises in telecommunications network-testing solutions. Recently, its share price hit new highs. Yet I think this is just the start of the growth story.The rollout of 5G network technology will require an enormous amount of testing in the years ahead. For networks to work seamlessly (and handle new technologies such as autonomous vehicles), they'll need rigorous testing. That's where Calnex comes in. Its solutions help network carriers prove that new systems operate effectively, and conform to strict international standards.A recent trading update revealed that the company has a lot of momentum right now. Not only did it say the strong levels of trading in the first six months of FY2022 (its year ends 31 March) had continued, but it also said it begins FY2023 with a record order book across all product lines. As a result of the order book strength, it said that revenue and operating profit for FY2023 would be "materially ahead" of market expectations.In terms of risks, supply-chain challenges are one to consider. Share price volatility is another. This is a small company with a market-cap of just £130m. So its share price is likely to swing around a bit.Overall, I'm excited about the potential here. With the stock trading at just 26 times this year's expected earnings, I see it as a strong buy. Read Full Thread Follow Reply

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