Volex Share Discussion Threads

[willy26] 18/10/2013 12:06

Think i will wait until after results now. No point in tempting fate.

[imastu pidgitaswell] 18/10/2013 11:25

I did my bit early on, reinvesting some of the dividend...

[bashor] 18/10/2013 10:49

looking much better but very low volume

[gswredland] 17/10/2013 17:57

Fingers crossed

[cockneyrebel] 17/10/2013 17:34

Yep, chart trending up nicely again.

CR

[freddie ferret] 17/10/2013 17:30

Chart pushing up again IMHO.

[gucci] 17/10/2013 16:27

beep_beep go to the AIE board

[beep_beep] 17/10/2013 16:25

AIE recovering strongly

[tudes100] 16/10/2013 11:54

Half year results w/c 28th Oct

[imastu pidgitaswell] 16/10/2013 09:20

Not sure that at 64 he will add too much - but a non-exec, so fairly irrelevant anyway.

I'm still to hear anything about the COO who was appointed almost two years ago - not his fault, but the problems all arose just after he joined... He is the most senior executive still there, somewhere between the old guard and the new CEO.

He might be great, - we just don't know.

And as yet we have heard nothing at all about the business since the new CEO joined in July.

[cockneyrebel] 16/10/2013 07:51

More of the old guard gone, new board getting their people in place.

Good news imo.

CR

[thorpematt] 15/10/2013 19:18

kibes,
There's cables and then there's cables...(and then there is Vince).

Ultimately you get what u pay for.

Yep the cheap stuff is useful but then it depends on what u use it for.

Volex's sectors are diverse, but when it comes to construction in general and in particular sectors such as health-care, cabling as with all other electrical componentry has to comply to very specific standards.

Whilst I don't disagree that cheaper components dilute the market and provide an option, I actually believe that the more stringent compliance regime that prevails nowadays actually gives branded manufacturers an edge.

Incidentally I won't bore you to much with my background but it is essence M&E.

I think VLX is well oversold and warrants correction. Its market-place is very viable and whilst I do think there are some things which need addressing (I won't go into it now), I simply feel the price is too cheap at this point by some margin.

[greenroom78] 15/10/2013 11:22

The cheap lightning cables are rubbish. I've tried a couple of copies and they don't work properly. There are copies available that do work and are cheaper than the Apple ones but they still command a high price. The cheaper ones don't last that long either.

[kibes] 15/10/2013 11:11

Just wondering whether to buy a few of these but I am concerned about the viability of their cable business. Just bought some quite sophisticated cables on ebay eg 15 pin VGA connectors, HDMI connectors for less than £2 each. How on earth anyone can make these and supply them post paid to me I don't understand at all. They are probably made in China which means the postage must be more than £2 I would have thought, let alone the cable! What does this mean for the profits of companies like Volex which make these things (or more accurately, have them made in China)? It is true that Apple lightning cables for ipad4 cost £40, buy how long before someone copies them and sells for £2?

[cockneyrebel] 15/10/2013 10:31

Chart starting to look a bit good imo

CR

[toffeeman] 15/10/2013 08:58

Another tilt at 120+ or just another windmill?

[imastu pidgitaswell] 15/10/2013 08:44

Very true - because of their abject failure, I got out when I could late on Friday, for some 25-30p less than the current price. As did wifey. Whereas if I had just done nothing...Anyway, nickel and dime stuff, five hundred quid (2 x £250) profit for doing very little, just go and spend it - don't think of it as profit to be reinvested.

Now back to VLX and on a similar theme, the dividend - to reinvest or spend? Per the RNS today:

Overall, 125 shareholders, with a combined holding of 34,221,826 Ordinary Shares (54.39% of the issued share capital of the Company as at the Record Date of 6 September 2013) elected to receive a final dividend in Ordinary Shares rather than cash

That's quite a high percentage, who clearly see value here at current price (but then I suppose if you hold, you would...) But I still see it as encouraging, and of the other 46% (I am one of them), quite a number would consider buying in the market (ditto) which, combined with 116p scrip price, could act as a sort of floor.

Ever optimistic...

[thorpematt] 12/10/2013 10:45

17th october


...unless you are with HL. In which case the website will probably crash :-/

[cyberbub] 12/10/2013 10:32

Can anyone remind me when the last divi is due to be paid? Ta.

[cockneyrebel] 11/10/2013 08:25

Agree - XPp very good, bodes well for VLX imo.

CR

[bigbigdave] 11/10/2013 07:16

Upbeat IMS from XPP today, should be good for the whole sector.

[wanttowin] 10/10/2013 16:36

moved fast on small volume really, could be an exciting ride when that nightie comes off bookbroker !

[maurillac] 10/10/2013 16:31

was just offered 1.1928 to sell mine
m

[wanttowin] 10/10/2013 16:27

looks like a disguised 10k buy at 15.15 started this, few 5k buys after..

[bookbroker] 10/10/2013 16:26

This one's been up and down more times than a brides nightie!