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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
  -1.25 -0.8% 154.25 31,752 10:36:36
Bid Price Offer Price High Price Low Price Open Price
154.00 154.50 155.50 154.25 155.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mobile Telecommunications 22.05 5.97 5.19 29.7 135
Last Trade Time Trade Type Trade Size Trade Price Currency
10:49:12 O 1,235 154.495 GBX

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Date Time Title Posts
27/9/202216:40CALNEX: telecoms testing/measurement ready for 5G rollout673
20/10/202016:20calyx group is it worth buying86

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Posted at 28/9/2022 09:20 by Calnex Solutions Daily Update
Calnex Solutions Plc is listed in the Mobile Telecommunications sector of the London Stock Exchange with ticker CLX. The last closing price for Calnex Solutions was 155.50p.
Calnex Solutions Plc has a 4 week average price of 153p and a 12 week average price of 136.50p.
The 1 year high share price is 179.50p while the 1 year low share price is currently 109p.
There are currently 87,523,935 shares in issue and the average daily traded volume is 23,162 shares. The market capitalisation of Calnex Solutions Plc is £135,005,669.74.
Posted at 27/9/2022 16:02 by swiss paul
Anyone have any idea if the move to 'e sims' will have any affect on CLX or is that just a problem for the operators? thanks
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’."
Posted at 08/9/2022 15:54 by rivaldo
This is from CLX's AIM admission prospectus - whatever portion of dollar revenues are unhedged should provide very good gains for CLX considering the weakness of the pound: "Exchange rate movements The Company’s reporting currency is UK sterling. The majority of orders, circa 85 per cent. in FY20, were received and settled in US dollars. Fluctuations in currency exchange rates, in particular sterling to US Dollar exchange rates, could have a material adverse effect on the Group’s business, revenue, financial condition, profitability, prospects and results of operations"
Posted at 15/8/2022 07:14 by rivaldo
Cheers hastings - as others have pointed out, that article might just as well be a tip for CLX rather than Spirent. The difference being that at £1.6 billion Spirent's m/cap is ten times that of CLX, so it's far easier for CLX to achieve material upside/multibag.
Posted at 14/8/2022 12:13 by redartbmud
Not sure on Clx being a target for Spt. The product development risk is all in the hands of Clx. Quite clearly the are close to Spirent and will be collaborating, but should a third party develop something better then Spirent has the option to cahnge horses. It is a bit like Clx subcontracting manufacturing. It is a headache that you don't need and a distraction from what you do best.
Posted at 26/7/2022 15:46 by rivaldo
Amazing really. The share price climbs lovely and solidly. Then an RNS appears noting that the CFO has sold a mere 23k shares and on this basis some punters appear to panic sell! The CFO had 236k shares and 500k options, so this represents just less than a mere 10% of her direct holding. And the CFO is normally the poorest paid/less wealthy director, so it's entirely understandable. Sigh :o))
Posted at 22/7/2022 12:56 by hew
Not being negative about my firmly held investment but I see the share price simply recovering to a level around what it held before falling in company with the tech sector generally. Only CLX's solid strengths in a naturally growing field showing through. Sell first, then think about it applied IMO. When the tide went out etc, CLX was seen to be sartorially sound - not so for all techs.
Posted at 13/4/2022 10:11 by rivaldo
It dropped with the markets, but is still attractive imo for such a high quality company with years of global growth ahead of it. CLX still have over a £12m cash pile even after yesterday's acquisition per forecasts, so plenty of headroom for more earnings-enhancing acquisitions. The ex-cash P/E for the current year is still only around 24, which for a high-tech, market-leading company like this is cheap. And that's before any upgrades after the forthcoming prelims. Presumably at some point an American behemoth will snap CLX up, and on American company valuations they'd likely be perfectly happy to pay double the current share price.
Posted at 08/4/2022 21:07 by tole 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.
Posted at 24/11/2021 10:27 by hew
A few thoughts re Jack Brumby’s Edit comment - thanks Rivaldo - re TC being “focused on the business of network testing, much more interested in new product development than the share price, for example.” With his 21% holding I believe that Tommy Cook is as well coupled into the financial performance of CLX as any other such holder would be, but his background in the skills and fundamentals of and his ongoing involvement in the business clearly shows in his communications re CLX – very much his own creation. Hence for me its major attraction: the successful building of a business that is thriving on its capabilities and its fit with the needs of - and clearly the respect gained from - its top ranking customers. “The numbers” re investment market norms are not at this relatively early stage what CLX is primarily about, or form the drivers of its development. (As opposed to plenty of other companies where “the numbers”, even quarterly, are supreme - don’t ask much about how and why they “emerge”. For a while.) As CLX develops, ditto TC will have to. Or not, as the case may be. With such development appropriately should/will also his emphases in communications. From the H1 Results I see a strong pointer. To me, a new “VP Operations” is a title embracing considerably more than that say “Manufacturing Manager” would do, whatever the initial tasking. Is that recruitment step 1 in TC’s own growth programme? I take it as so - but in any case I’m relaxed about expecting to be a long term investor, largely irrespective of the share price fluctuations.
Calnex Solutions share price data is direct from the London Stock Exchange
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