Calnex Solutions Share Discussion Threads

[abarclay] 26/4/2021 08:23

won't surprise to see 85-90p retest

[johnrxx99] 26/4/2021 08:20

SP performance has not been impressive. Fingers crossed.

[abarclay] 26/4/2021 08:16

50k Dump by director unhelpful


prob wants a new kitchen

[rp19] 26/4/2021 08:13

Late May, see RNS 16/02/2021.

[fuji99] 26/4/2021 07:58

Did they release the date of their final results ?

[wanttowin] 07/4/2021 15:32

Added a few at 114p

[dr biotech] 31/3/2021 10:58

Think you have a dodgy quote there. Currently down 1.5% which is fairly normal

[petewy] 31/3/2021 10:54

Any reason for today's 7% drop or is t just a bumpy ride.

[rivaldo] 13/3/2021 16:35

John Rosier has bought some more CLX following the results, per his portfolio update in Friday's IC:



"On 19 February, I added to my position in Calnex Solutions (CLX). I thought the trading update on 16February was most encouraging. It said it expected results for its year ending 31 March to be ahead of expectations. Cenkos promptly upgraded its revenue forecast by 12 per cent and its adjusted pre-tax profits by 19 per cent. The shares reacted well on the day, but then profit-taking saw them drift back.

The drop in the share price allowed me to add at 114.7p."

[bamboo2] 11/3/2021 19:57

Mine says 98!

[davr0s] 11/3/2021 19:45

Lol I can say 110p - nobody knows

[albanyvillas] 11/3/2021 13:34

90p on chart to retest

[rivaldo] 11/3/2021 09:29

Spirent's shares are nicely up this morning after good results and a rosy outlook today. SPT are CLX's main distribution partner.

Loads of commentary on the 5G rollout and related testing etc which should bode well for CLX:

[rivaldo] 07/3/2021 21:25

As I just said, the products are COMPLEMENTARY and not competing. Perhaps you didn't read the post properly :o))

[albanyvillas] 07/3/2021 21:21

Maybe Spirient will dump Calnex now they have their own product

[rivaldo] 07/3/2021 18:16

You could be right Mas. Interestingly, I'm given to understand that Calnex and Octoscope products are complementary to each other and are often both needed in customer applications. So perhaps CLX might indeed also be of interest to Spirent as a potential target.

[rivaldo] 03/3/2021 14:48

Here's some more from that Investors' Champion article (thanks Qd22):

"The roll-out of 5G and the evolving nature of the telecoms market provides a highly supportive environment and if growth can be maintained, which appears likely, the shares look interesting value, despite the sharp rise since IPO.

Calnex has an established position in the test and measurement industry, providing equipment to a blue chip customer base, including some of the largest organisations in the world.

The development of cloud computing infrastructure will undoubtedly create new opportunities for test equipment which Calnex seems well-placed to benefit from.

While still small, it has a proven track record of developing innovative and advanced test solutions, for a demanding and highly technical customer base.

Products are distributed through a global network of partners which means the business has a substantial geographic reach despite its small size.

The founder remains a significant (21%) shareholder which means his interests are well-aligned with those of outside shareholders, which include a number of well-regarded small cap institutions.

Revenue has grown at a compound annual growth rate of 16% since 2015 and interim results to 30 September were excellent.

It generates attractive margins (c24%) and returns on capital with a backlog going into FY21 and a strong sales pipeline. With strong cash flow and all debt repaid Calnex is also now a in a strong net cash position.

It benefits from high levels of repeat revenues, with over 80% of revenue over the last three years coming from repeat customers and over the last five years 166 existing customers placing repeat orders.

While still relatively early days on public markets, and we have seen many small businesses stumble after initially making a strong start, Calnex has the benefit of a very supportive telecommunications market backdrop.

Scottish Enterprise remains a significant shareholder and will probably be looking to sell down further once the 12 month lock-in ends, but there are likely to be some very willing acquirers when this time is reached.”

[masurenguy] 01/3/2021 12:48

Thanks Riv - good spot !

[rivaldo] 01/3/2021 11:59

CLX have been featured by Investors' Champion as the first of their new Stonking Small Cap stocks (subscription only though)....



"This is the first in our new series of articles introducing fast growing smaller quoted companies. Our main focus here is on hunting out companies generating strong organic sales growth, ideally with plenty of profits and cash, although we are willing to forgive that if the top line is soaring! First up is a rapidly growing small business which has already impressed since arriving on AIM in 2020. (IHT qualifying)

The roll-out of 5G and the evolving nature of the telecoms market provides a highly supportive environment for this small testing business, which hasn’t missed a beat since its IPO on AIM in 2020. If growth can be maintained, which appears likely, the shares look compelling value.

Founded in 2006 and with its headquarters in Linlithgow, Scotland, Calnex Solutions (LON:CLX) designs, produces and markets test and measurement instrumentation and solutions for the global telecommunications sector, enabling its telecom customers to validate the performance of critical infrastructure associated with telecoms networks.

Calnex has an established position in the test and measurement industry,…...etc"

[rivaldo] 25/2/2021 11:08

CLX' Twitter feed is quite active. Here's a couple of recent interesting posts...it's a good sign that CLX continue to hire, and confirmation that the partnership with Spirent remains strong:



"Calnex Solutions
@CalnexSolutions
·
Feb 18
Calnex is #hiring! We have opportunities available for:

• Product Applications/Support Engineer (Linlithgow)
• Senior Hardware Design Engineer (Linlithgow)
• Hardware Design Engineer (Linlithgow)

For more information and to apply, please click:


"Calnex Solutions
@CalnexSolutions
·
Feb 17
We have partnered with @Spirent on the new eBook "The Need for Timing and Synchronization in a #5G World" highlighting the synchronization requirements of applications such as O-RAN, Disaggregation and Network Slicing. View it here:
Quote Tweet
Spirent
@Spirent
· Feb 5
How is the #5G #network changing and why is #synchronization so important? Find out here
👉

[rivaldo] 22/2/2021 14:52

Tipped today in Money Week - presumably this will be in the fortncoming print edition too:



"Three Aim stocks that should hit the bullseye

Professional investor Jonathan Moyes of Wealth Club picks three interesting stocks to buy from Aim, London’s junior stock exchange
22 Feb 2021

"Testing for telecoms

Calnex Solutions (Aim: CLX) provides test and measurement services to the global telecoms industry. These solutions allow its customers to validate the performance of telecom-network infrastructure. A key driver of future growth for the business will be the rollout of 5G mobile networks. 5G infrastructure needs to be more stable than 3G and 4G as it will support more services and the “internet of things” as well as applications such as driverless cars. Connectivity therefore needs to be extremely secure and with that comes a growing need for Calnex’s testing instruments and solutions. Customers include blue-chip telecom and internet infrastructure firms such as Vodafone, Google, and Cisco. The business has grown sales from £8.4m to £13.7m in just three years."

[energeticbacker] 17/2/2021 09:47

Investor's Champion comments:

The move to 5G could be good news for Calnex and if growth can be maintained the shares don’t look bad value.

Calnex has relatively little revenue exposure to the UK with c40% of revenue forecast to come from the Asia Pacific region and 37% from the US.

[phg87] 16/2/2021 10:56

Great update, have topped up today on the back of it

First position was at 59, opened 2nd today at 127