Volex Share Discussion Threads

[hvs] 09/8/2013 13:16

Its breakout.

[bones] 09/8/2013 12:18

Hmm, the head is starting to show now but will it finally be born? The contractions have been going on for ages. The Volex share price has been in labour for months with this baby stuck at the 100p mark! Painful for the shareholders for sure.

I just want to see the bid move well above 104.5 which is what it is on right now (104.5 - 108).

[paulypilot] 09/8/2013 12:12

Hi,

Well the small caps space has been tremendously bullish since January, yet over that period VLX has rather bizarrely flat-lined. It's as if there have perhaps been both big buyers & big sellers in the background, hence the price just oscillating gently around 100p?

Given the highly favourable stock market backdrop for small caps generally over this period since Jan 2013, surely the odds must be moving more towards the breakout being on the upside rather than down? The only thing that could push it down from here would be another profits warning. In the absence of that, I suspect that it is likely to break out to the upside, and then when the seller is cleared, it could do a fairly rapid move upwards in a few days I think, because a breakout will itself bring in more buyers.

The fundamentals are sound, and the key thing for me is that they maintained a healthy dividend payout, despite the difficulties associated with the restructuring. I think they've taken the pain, especially with the large reduction in headcount recently, and we should see the benefits in the not too distant future hopefully.

Loads of other things in my portfolio are going nuts at the moment, and I suspect we're on the cusp of that here too. Just IMHO, DYOR as usual.

Regards, Paul (Long)

[jakleeds] 09/8/2013 12:06

Well I got impatient some time ago and moved on, but looking good here, especially with the board change.

Will be back soon hopefully.

[bigbigdave] 09/8/2013 12:02

Breaking out here? Its been a long wait.

[hvs] 08/8/2013 15:39

Thats what we need

[aspers] 08/8/2013 09:41

200p by end of the year, I have good vibes abut this :-)

[imastu pidgitaswell] 08/8/2013 08:29

So it was actually dumping the Chairman that raised the share price. Ho-hum.

A lot of people don't speak well of McTighe, he has a few foul-ups on his record. Losing him does complete a total overhaul of the senior management (Chairman, CEO, COO (not heard a lot about him in the 18 months since he joined) and FD (twice).

So the future direction may differ from the previous strategy, including the warm words at the most recent results. All very uncertain.

Primes it for a takeover...

[freddie ferret] 07/8/2013 15:16

Anybody know if this is being traded on the ISDX as well as the LSE??

[tommyjnewton] 07/8/2013 15:10

Yes. it's been a long long boring wait but it may be worth it. I was seriously considering buying more yesterday as there were signs of life then.
I'd like to know what has sparked this though...Obviously undervalued

[hvs] 07/8/2013 15:09

This rise seems a bit spooky does it not ?

[spooky] 07/8/2013 15:02

Looks as though it may be real this time, you can sell at least 50000 on the bid which hasn't happened on previous moves.

[davemuray] 07/8/2013 15:00

Wow...had to look twice...but a bit of blue!

[gucci] 07/8/2013 15:00

and away she goes!!!!!!!!!!!

[imastu pidgitaswell] 07/8/2013 14:52

Maybe, just maybe....





Ever the optimist. Or delusionist...

[spooky] 06/8/2013 14:50

Sizeable buyer in the background, fairly subtle but he's definitely there.

[imastu pidgitaswell] 06/8/2013 13:14

Not true, sadly.

The all bought at or around these prices, including the ex-CEO after he was dumped, and the short lived FD:









It has been marooned at this level for the whole of this year, nothing seemingly will change it. Presumably related to the large holders doing absolutely nothing.

I'm bored out of my very tiny mind and waiting for something to happen. Maybe it's a takeover strategy by someone - bore the shareholders to death and they'll take a low offer...

[dewtrader] 06/8/2013 11:52

still 15p less than where the directors were buying not long ago

[iainfred] 05/8/2013 16:32

Am I correct in thinking approx 60 percent of vlx shares are held by investment institutions?

[drewz] 01/8/2013 13:18

buywell,

your 'contributions' are always so utterly mediocre.