Excellent news, in line with recent upgraded expectations, medical softer as expected, offtrack normalising and EV, data centres strong. Single digit rating too cheap. |
Maybe in response to the shorting.
Agreed, good to have a Q3 update.
A decent update too. |
It’s welcome to have a Q3update too. One of the things mentioned in the past is lack of updates between H1 ad FY. Seems positive enough. |
A very positive update. Looking good for the year ahead. |
Thought we may get a bounce on the Luce results. Market either still pricing M&A risk and raising equity or weak markets. Still one of my conviction holds |
Saba increased their short to 0.65%... |
Shorts... Rothschild makes musk look like a pauper. If you knew him like I do, you would listen |
Price above 50d SMA now |
WorldQuant have decreased their short by 0.01%.
Just imagine how much we are going to spike as these shorts close.
Shorters, enjoy the heat.
I regret not buying so much more when it was in the 260's. |
 New York
CNN
—
Three top tech firms on Tuesday announced that they will create a new company, called Stargate, to grow artificial intelligence infrastructure in the United States.
OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Oracle Chairman Larry Ellison appeared at the White House Tuesday afternoon alongside President Donald Trump to announce the company, which Trump called the “largest AI infrastructure project in history.”
The companies will invest $100 billion in the project to start, with plans to pour up to $500 billion into Stargate in the coming years. The project is expected to create 100,000 US jobs, Trump said.
Stargate will build “the physical and virtual infrastructure to power the next generation of AI,” including data centers around the country, Trump said. Ellison said the group’s first, 1 million-square foot data project is already under construction in Texas.
AI leaders have for months been sounding the alarm that more data centers — as well as the chips and electricity and water resources to run them — are needed to power their artificial intelligence ambitions in the coming years |
BERENBERG RAISES VOLEX PRICE TARGET TO 415 (400) PENCE - 'BUY' |
I blocked that person while ago. Did he say anything interesting? |
While the company operates 19 manufacturing locations across 22 countries, specific details about the proportion of its EV business conducted within the UK are not publicly disclosed.However, Volex's partnership with Hypervolt, a UK-based EV charging solutions provider, and its selection by Tesla as a manufacturer of the North American Charging Standard (NACS) coupler indicate a significant presence in the UK's EV market.This companys outcome is all based on what nat intends to do with it. On the right side, then tidy profit coming your way. |
Does anyone know roughly how much of VLX's EV business is in the UK? |
Nice rebound recently. As SCSW said in early December:
Volex - To benefit from Trump’s lower US tax and autonomous vehicles
"Elon Musk, Tesla’s ambitious leader, now sits at Trump’s top advisory table in a newly created role aimed at “deleting a mountain of choking regulations.” The Department of Government Efficiency, as it is known, or “Doge” will help carry favour for his businesses in autonomous vehicles and AI."
Tesla is a major client.
Analyst consensus target is 430p |
How's those charts? Mugs |
Still being shorted with his permission. |
Any insider news? |
rmillaree - just referring back to your post 7147 a few days ago. VLX did in fact set out what they considered to be market expectations in the RNS of 15 November.
"The Board of Volex considers that the current consensus market expectation for revenue is $1,026.9 million (with a range of $1,019 million to $1,034 million) and for underlying operating profit of $96.8 million (with a range of $95.7 million to $97.6 million)."
I think the issue is that these expectations, which they said that were confident of meeting, are before finance costs and tax. If I had to guess I would suggest that, rather than the company being in some way underhand, the profit/eps numbers in your post have moved because the brokers have updated their tax estimate for the year based on the H1 number. |
Back to 285p. If you're agile, you can nip in and out of this.
But this is where those two shorters are feeding in. The market is finding it hard to buy through them.
A 200k block has just hit the book at 285p and the price hasn't even shifted higher. You don't often see that type of block hit in VLX. It is showing how much of a blocker they are being.
They just sit on the offer at 286p and sell in at 285p, exhausting all the buyers there. Then it lurches back down.
I suspect this would have pinged to at least 300p without them, but that is the market.
How about some more big blocks to give them a little run for their money.
09:12 EDIT: 280k print follows at 285p. Any more for any more?
All imo
DYOR |
I told you lemmings about nat endorsing trump 6 months ago.Nat doesn't play dice, he loads them.Once he closes his short position and reverses and orders others to do the same to align with his agenda, it will move. |
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