By Steve Moore | Tuesday 8 April 2025
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Most recently writing on Calnex Solutions (CLX), describing itself as “a leading provider of test and measurement solutions for the global telecommunications and cloud computing markets”, in November, with the shares down towards 60p, I questioned how confident to be of “expects to close the year in line with current market expectations” as the macroeconomic uncertainties persist. The company today states that it “is pleased to provide an update on trading for the year to 31 March 2025 and the outlook for FY26”, so what of the latest update with the shares currently at 44p?
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