This summary was created by AI, based on 2 opinions in the last 12 months.
Calnex Solutions PLC (CLX-LON) is a Scotland-based company that builds testing equipment for the telecom business. Despite not having recurring revenue, the founder-led company has strong management and has been buying shares on price weakness. With telecom spending expected to recover, the company's share price is projected to appreciate, making it a good business for long-term investors. The company is seen as cyclical with long-term tailwinds as the industry transitions from 4G to 5G to 6G. However, capex budgets for telecoms have been constrained during this time of elevated interest rates, affecting the company's bottom line at times.
Cyclical. A 1.5% weight for him, and he'd recommend investors adopt a similarly small position. Capex budgets for telecoms and such have been pinched during this time of elevated interest rates. Long-term tailwinds of going from 4G to 5G to 6G. Compelling value.
High margin business with low capital requirements. Telecom equipment demand not slowing down. Current share price presenting good buying opportunity. Business fundamentals very strong. Excellent management team. Small company, so size position accordingly. Founder led and owned. No deb. Will own business as long as possible. Good for long term investors.
Recurring revenue very strong.
High demand in North America for data services hardware.
Cyclical nature of business not a concern.
No debt company that is founder led & owned.
Calnex Solutions PLC is a OTC stock, trading under the symbol CLX-LON on the London Stock Exchange (CLX-LN). It is usually referred to as LSE:CLX or CLX-LON
In the last year, 2 stock analysts published opinions about CLX-LON. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Calnex Solutions PLC.
Calnex Solutions PLC was recommended as a Top Pick by on . Read the latest stock experts ratings for Calnex Solutions PLC.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Calnex Solutions PLC In the last year. It is a trending stock that is worth watching.
On 2024-08-02, Calnex Solutions PLC (CLX-LON) stock closed at a price of $51.2.
Scott based company that builds testing equipment in telecom business. Not recurring revenue - hard on bottom line at times. Founder led/owned - strong management. Has been buying shares on price weakness. Once telecom spending recovers - company share price will appreciate. Good business for long term investors.