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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Volex Plc | VLX | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -4.00 | -1.42% | 278.00 | 16:35:02 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 280.00 | 277.00 | 281.00 | 278.00 | 282.00 |
| Industry Sector |
|---|
| ELECTRONIC & ELECTRICAL EQUIPMENT |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 15/11/2024 | Interim | GBP | 0.015 | 28/11/2024 | 29/11/2024 | 09/01/2025 |
| 26/06/2024 | Final | GBP | 0.028 | 25/07/2024 | 26/07/2024 | 30/08/2024 |
| 23/11/2023 | Interim | GBP | 0.014 | 30/11/2023 | 01/12/2023 | 10/01/2024 |
| 22/06/2023 | Final | GBP | 0.026 | 20/07/2023 | 21/07/2023 | 25/08/2023 |
| 09/11/2022 | Interim | GBP | 0.013 | 17/11/2022 | 18/11/2022 | 16/12/2022 |
| 23/06/2022 | Final | GBP | 0.024 | 21/07/2022 | 22/07/2022 | 26/08/2022 |
| 11/11/2021 | Interim | GBP | 0.012 | 18/11/2021 | 19/11/2021 | 14/12/2021 |
| 17/06/2021 | Final | GBP | 0.022 | 15/07/2021 | 16/07/2021 | 06/08/2021 |
| 12/11/2020 | Interim | GBP | 0.011 | 19/11/2020 | 20/11/2020 | 15/12/2020 |
| 16/04/2020 | Final | GBP | 0.02 | 16/07/2020 | 17/07/2020 | 07/08/2020 |
| Top Posts |
|---|
Posted at 03/2/2025 10:03 by valhamos There have been tariffs before and Volex has exploited its multi-site geographical spread to offer customers something that its competitors could not. No doubt there will be a short-term dislocation (though I suspect Volex has been planning for this for some time) but I reckon VLX will see a similar benefit. |
Posted at 03/2/2025 09:53 by dr biotech NR is a trump fan. Would be interesting to see his comments today. VLX has facilities mostly in mexico/china - with some in Poland/vietnam/IndonHowever given that the likes of Tesla manufacture in china/germany as well as the US its not obvious how much of a hit there would be. |
Posted at 31/1/2025 17:42 by valhamos "In a recent webinar, the company mentioned that they benefited last time around but without fully explaining why."Oh, I'm sure a full explanation has been given. Vlx benefited last time because they were ahead of the game working with their customers and could quickly switch production from China to Vietnam and Indonesia. |
Posted at 29/1/2025 13:47 by dougmachin VLX still a big holding of mine. Hoping will do very well in the medium term.I think the divi needs to be increased over time. I understand that VLX is still growing and now needs to pay down the debt for now. But the current divi yield might be holding some investors back. Still looking forward to those shorts closing... |
Posted at 09/1/2025 13:59 by dougmachin Saba Capital also shorting for 0.5%.Burnt, that's all I can say. At 46:20 in the interims, Nat mentions he's "pleased Trump was elected and it will be good for VLX's business." It's a fair bet that the shorters are banking on a Mexico issue with Trump in office. But if Nat's right, then the shorts will be buying back sooner rather than later. Also, at 49:08, he talks about a work around for Tesla. Once those close, surely VLX will elastic back-up. |
Posted at 07/1/2025 14:34 by sphere25 Two pennies off break even with the price at 285p. The way the majority of prices are moving makes you wonder why you even give leeway to shares at times nowadays. Easier to just use a stop loss with everything now.It is thinking about bouncing but it is very push and pull. On one side: - Relief over no excessive premium paid for TTG - Trading confirmed to be in line with expectations twice recently - Oversold technically and fundamentally in the eyes of many - Juicer from the data centre and EV news On the other side: - Continued normal sellers with terrible fund flows and poor sentiment - Deteriorating macro concerns causing selling - At least one shorter in the market drip feeding from around the 283p mark halting any move higher, so the market has two buy through two layers of sellers to even have a trading bounce. - Tariff concerns with Mexico to US causing some jitters and maybe part of the short selling thesis? It could just be some long/short strategy from the fund too if they're not going to build a substantial position from here. - Some concerns over Tesla? I don't know if that is the full picture. That is what I am trying to trade a bounce off. Clearly the VLX experts can add alot more. Right now with shares like VLX, it feels like you have to wait for a puncturing of an already punctured multiple, and then you have a chance at picking a bounce. You go from over 350p down to that 320p-340p range. Some are thinking, this could be an opportunity. Then it gets hammered again down to 300p and tries to bounce back so some are thinking that could be an opportunity and it fails at 300p. And then... It plunges again down to this new range. Some will argue this is a fair multiple now in light of the above. I don't know. It looks a trading share now but there will be arguments on each side. Choppy movement with a downward bias right now. Can it stick its head through this level, buy through the shorts and ping through 290p? Take a deep breath. Need a pick up in buying from the big players. All imo DYOR |
Posted at 20/12/2024 12:53 by dougmachin Looking at some of those stocks, like CBOX and OTB. VLX out classes them surely.The solution to market malaise is to get stuck in and buy more of quality stocks like VLX. Not the US indexes or crypto. Also, can't keep waiting to buy.Or sell.Need to buy! Otherwise, we're part of the market malaise.This cruised up to 370p this year.VLX is a quality company. Buy more now for hopefully a quality 2025... |
Posted at 20/12/2024 09:07 by ymaheru I think the ‘results v TTG bid’ discussion isn’t the whole story in explaining the share price.Shaker’s concerns above also come into it. Manufacturing shares have been hit. Judges is down 16% in the same time VLX is off 19%. So, I think the general economic malaise may be biggest factor, then perhaps that results were nothing special. Although TTG dragged VLX down at the time, I’m thinking that’s no longer a significant factor. |
Posted at 19/12/2024 13:58 by owenski TTG is currently not a well run company, I read with dread the RNS stating the takeover and the debt pile that would accompany this. The current debt consumes quite a chunk of cash in finance payments, but that's palatable considering the quality of the stable of companies VLX has acquired thus far.I couldn't see the rationale of acquiring TTG anyway, it's not exactly a fit for the current business, NT should maybe stick to his knitting, not everything he touches turns to gold, he's been involved in a fair share of historic business disasters. VLX is a gold standard of a turnaround and how to build a business, so dont deviate from what's working just fine, didn't agree with taking on TTG and am glad it's terminated. Maybe a little bit of trust lost here on this debacle, it'll take some time and numbers to move past that. Just my opinion. |
Posted at 15/11/2024 13:43 by sphere25 Look at that pop higher on the official rejection from TTG. This move down looks more like worries of overdoing it on the takeover front, rather than the results. TTG is in trouble with rapid forecast cuts and debt higher than expected.Yes, TTG is cheap on historic multiples, but buying into that mess with the existing debt and then adding on another £240m worth of debt has got the market worried. The Bulls will say it will work out in the long term, but in the near term the market says it doesn't like it and it could cause all kinds of problems. Naturally time will tell, but VLX would not fall this much if there was no offer for TTG. It looks abit odd, because VLX has just had a little relief rally that TTG has rejected the offer, but then the algos have bid TTG higher on the fact that the VLX price has gone higher. And then currently the VLX price hasn't fallen back down on the fact that TTG price remains strong i.e. worries that VLX will have to push the takeover offer higher to get TTG. So a little bit messy right now, but in the short term, VLX recovers if they don't come back with higher offers and TTG plunges (barring someone else having a sniff) back down. Or VLX could continue back down if the market continues its worries over all that additional debt and how much more debt has to be taken on to convince TTG to come on board. So a few thoughts there on the short term dynamics. Hell, it could all work out beautifully years from now. No idea. Just a short termer here with quick ins and outs. Recently traded the Budget bounce, no trading today because its abit nutty right now but usually watching in here. All imo DYOR |
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