Volex Share Discussion Threads

[bains123] 16/4/2013 12:37

Most of the market is down in case you have not noticed!

[toffeeman] 16/4/2013 10:38

Looking bleak...

[toffeeman] 16/4/2013 09:41

As stated before trades below 95 are bearish - so make sure you have stops in place! (I am long btw - but with a stop in place)

[gripfit] 16/4/2013 09:11

flippin eck,,, I suspect that was a 50k buy , considering how it suddenly shot up.

[blippy2] 13/4/2013 09:10

Maybe it's just because Volex Plc's "Buy" Rating Reaffirmed at Jefferies. "They currently have a $1.99 (130 GBX) price target on the stock. ... Separately, analysts at Investec raised their price target on shares of Volex Plc from $1.46 to $1.61 in a research note to investors on Thursday"

[flashheart] 13/4/2013 08:25

More director buys?

[harveyb] 12/4/2013 20:07

What's with the 62k trade at 104p?

[bingowing] 12/4/2013 11:52

Bains. Good post.

[bains123] 12/4/2013 10:17

Good to see price stable now. L2 looking balanced too!

Reading the trading update again the company appear to be saying all is going to plan and any good news will be declared on May 29th. The outlook statement will be key in moving the share price back to higher levels.

Happy to be holding here and really can't see much downside from here with plenty of upside.

[liam1om] 12/4/2013 08:41

Level 2 means absolutely nothing with this type of share.

[ivancampo] 12/4/2013 08:24

10k plus 1 MM on offer, 2 MM's at 97, 6k ish at 97.5Not weak but not strong either.

[gripfit] 12/4/2013 08:15

level 2 anyone

[bingowing] 11/4/2013 22:10

well, news "could" come at any time brando, i guess.

many of us are happy to hold this one out. Decent buying today i think once the seller clears ( i assume there is one . we could be off.


Or NOT,

DYOR Etc

[brando69] 11/4/2013 22:01

hovered over the buy button today, but refrained for now. looking at this purely from the chart, it doesn't look very attractive.

[bingowing] 11/4/2013 22:00

i think, this'll yield something IMO:


15 January 2013 Volex Acquires AppliedMicro Active Optical Technology Platform
Agreement Provides for Joint Patent Ownership and Basis for Collaboration on Next Generation Optical Technologies
Volex plc (LSE: VLX), the global provider of electrical, digital and optical connections, and Applied Micro Circuits Corporation (NASDAQ: AMCC), a global leader in computing and connectivity solutions for next-generation cloud infrastructure and data centres,announced that the companies have completed a transaction under which Volex has acquired active optical technology from AppliedMicro for a purchase price of approximately US$2 million. Under the asset sale agreement, AppliedMicro has agreed to a five-year non-compete in connection with the marketing and sale of active optical cables, transceivers, modules and related assemblies. The companies will share ownership of the associated active optical patent portfolio, allowing each company to continue development of the technologies, and forming the basis for the two companies to collaborate on next generation optical interconnect products and solutions.
AppliedMicro has been actively developing the technology platform for three years. The company's focus in its research and development efforts was to overcome the primary roadblocks to widespread adoption of high speed data interconnects: cost and complexity.
George Jones, vice president of marketing and business development for connectivity solutions at AppliedMicro stated: "We chose Volex to take the platform forward due to its strong focus on the active optical cable space and extensive customer relationships in data-centre markets. We look forward to working with Volex as it accelerates and furthers the development of the technology and manufacturing of an innovative product set to complement our own initiatives in semiconductor technology and networking."
The transaction supports Volex's entry into the emerging multi-billion dollar optical interconnect market for high-speed data applications in data centre and telecommunications, as well as the consumer, healthcare and industrial markets.
Ray Walsh, Volex CEO stated: "Our data-centre and telecommunications customers have been asking for a cost-effective high speed optical solution to replace legacy copper interconnects. The technology and expertise we have acquired from AppliedMicro will provide Volex with a unique platform to develop and deliver reliable, low-power, competitive active optical solutions, including active optical cables and transceivers, into all of our sectors. The joint ownership of the patent portfolio will provide a foundation for a continuing close cooperation with AppliedMicro in product development, sales and marketing activities."
About Volex
Volex designs and manufactures performance-driven interconnect solutions for customers in four market sectors: telecoms/datacoms, healthcare, consumer products, and industrial. Volex's core interconnect solutions encompass key technologies such as power cords, high-speed copper and fibre optics, radio-frequency (RF), low frequency (industry standard I/O), and complex cable harnesses. Volex has design and manufacturing facilities located across the globe, enabling flexibility in meeting customers' delivery timetables and price targets. www.volex.com.
About AppliedMicro
Applied Micro Circuits Corporation is a global leader in computing and connectivity solutions for next-generation cloud infrastructure and data centres. AppliedMicro delivers silicon solutions that dramatically lower total cost of ownership. Corporate headquarters are located in Sunnyvale, California. www.apm.com.
For more information, please contact:
AppliedMicro
Diane Orr Public Relations Orr & Company [e-mail]
Volex plc
Ray Walsh Group Chief Executive
Daniel Abrams Group Finance Director
[phone]
[phone] [phone]
Certain statements in this announcement are forward-looking statements which are based on Volex's and AppliedMicro's expectations, intentions and projections regarding their respective future operating performance and objectives, anticipated events or trends and other matters that are not historical facts. Forward-looking statements are sometimes, but not always, identified by their use of a date in the future or such words as 'anticipates', 'aims', 'could', 'may', 'should', 'expects', 'believes', 'intends', 'plans', 'targets', 'goal' or 'estimates'. By their very nature forward-looking statements are inherently unpredictable, speculative and involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. Given these risks and uncertainties, prospective investors are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date of such statements and, except as required by applicable law, Volex and AppliedMicro undertake no obligation to update or revise publicly any forward- looking statements, whether as a result of new information, future events or otherwise.

[bookbroker] 11/4/2013 16:35

If the collapse in PC sales is anything to go by then VLX could be in big trouble!

[mreasygoing] 11/4/2013 15:05

What will drive this now ? Uninspiring data today, glad I stayed on the sidelines. This should be rallying with the market but is like a dead duck. Any market weakness and these will be dragged lower.

[imastu pidgitaswell] 11/4/2013 14:59

A tad optimistic methinks - WLF have just (today, have a look) announced a major tie-up with Samsung (b*stards!) and after an initial spike, the price is only up a few percent. Probably on account of the incremental income not being that great, as they were already working on Samsung's devices, the agreement merely confirms the partnership will continue.

I suppose if it was a new multinational, it would be incremental for VLX, but even then, it could be a tiny element in the customer's overall portfolio and therefore not significant. Which is why I had been hoping for some quantification - the market as well, given the trust that has been lost.

[aspers] 11/4/2013 12:57

I was expecting a 30% rise today on the announcement of the new customer.....looks like they are going to keep the lid on the news for a few weeks yet!

[bingowing] 11/4/2013 12:31

more buys than sells.

Interesting to see how this pans out now.

[kmann] 11/4/2013 11:29

Dull and uninspiring update, hoped for more. Could suffer if any market weakness.

[bains123] 11/4/2013 10:21

I was hoping for a 30% rise but equally am not disappointed with the drop as have topped up.

The RNS was good without any horrors and I still maintain this to be a great long term hold.

[gargoyle2] 11/4/2013 10:16

Yesterday someone was predicting an easy 30% rise today. Can't remember who. Whoever it was has got to be disappointed with today's RNS. I thought it was ok myself.

[bains123] 11/4/2013 09:51

Volex Plc (LON: VLX)'s stock had its "buy" rating reaffirmed by research analysts at Jefferies Group in a report released on Thursday, Analyst Ratings.Net reports. They currently have a $1.99 (130 GBX) target price on the stock.

Shares of Volex Plc (LON: VLX) opened at 96.925 on Thursday. Volex Plc has a one year low of GBX 82.00 and a one year high of GBX 276.067. The stock's 50-day moving average is currently GBX 200.1. The company's market cap is £54.9 million.

A number of other firms have also recently commented on VLX. Analysts at Investec raised their price target on shares of Volex Plc from $1.46 to $1.61 in a research note to investors on Thursday. They now have a "hold" rating on the stock. Separately, analysts at N+1 Singer reiterated a "hold" rating on shares of Volex Plc in a research note to investors on Tuesday, April 2nd. They now have a $1.44 price target on the stock.

Volex plc, formerly Volex Group plc, is a United Kingdom-based company. The Company is a provider of customised electrical and optical interconnect solutions and provides global support to producers of consumer products, telecommunication systems, networking devices, medical equipment and other industrial products.