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 $97.6 million)."
I think the issue is that these expectations, which they said that were confident of meeting, are before finance costs and tax. If I had to guess I would suggest that, rather than the company being in some way underhand, the profit/eps numbers in your post have moved because the brokers have updated their tax estimate for the year based on the H1 number. |
Back to 285p. If you're agile, you can nip in and out of this.
But this is where those two shorters are feeding in. The market is finding it hard to buy through them.
A 200k block has just hit the book at 285p and the price hasn't even shifted higher. You don't often see that type of block hit in VLX. It is showing how much of a blocker they are being.
They just sit on the offer at 286p and sell in at 285p, exhausting all the buyers there. Then it lurches back down.
I suspect this would have pinged to at least 300p without them, but that is the market.
How about some more big blocks to give them a little run for their money.
09:12 EDIT: 280k print follows at 285p. Any more for any more?
All imo
DYOR |
I told you lemmings about nat endorsing trump 6 months ago.Nat doesn't play dice, he loads them.Once he closes his short position and reverses and orders others to do the same to align with his agenda, it will move. |
Also, just mentioned that VLX benefit when the US$ is strong. A bit like now. |
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. |
Sure. Charting pillocks. When will you realize what's going on here? |
286p +5.50p
Positive on the charting front |
a good UT 286p with a good size 54K
16:35:02 UT 286 54,447 |
286p +5.50p
A very good day for the stock and following the last couple of days also rising, from the lows. the volume has gone up also lately and after the little intraday retrace is moving higher again. |
>>Trading confirmed to be in line with expectations twice recently>>
Yes, although earnings estimates appear to have been massaged down, presumably at the instigation of the Company:
For 2025, Nov 24 eps consensus was 34.2c, now 31.9c
For 2026, Nov 24 eps consensus was 38.4c, now 36.3p, according to Stockopedia |
 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 |
@NatRothschild1
Great to see UK EV charging infrastructure start to takeoff-120 applications for new charging stations, equating to hundreds of thousands of new plug points, granted in the last 18 months, is a fantastic platform from which to build on #EV #charging #uk |
Charge-point surge heralds UK ‘electric car revolution’
More than 120 planning applications for plug-in stations for EVs have been approved
The UK is on the “cusp of an electric car charging point revolution” with the number of plug-in stations set to increase considerably in the next two years. |
Looking even cheaper in $ terms if nat wants to accept a deal |
 thats the problem - it appears they are reducing forecasts in between updates - so that when next update comes they are cross referencing that they are on target for these curent new lower forecasts.
Very unhelpfully unlike most other companies they have not cross references what the current market expectations were on the 15th November - thats just plain sloppy (deliberate?)) not even coinfirming what forecasts are.
ref downgrades in last 30 days - you would probbaly need access to specific broker reports to see who has done the downgrading.
It is possible stocky datas is flawed and expectations are unchanged - i ssupect the fact they are being sketchy suggests thats probably not the case.
Its not really right thats shareholders have to speculate when they could just give us the numbers so its beyond doubt.
Its not exactly uincommon for soem companies for brokers to do these behind the scenes updates. Company would ned to be quizzed in that regard to see whats up. In theory is possible brokers are diverting from company numbers but i suspect thats unlikley to be the case. |
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