Volex Share Discussion Threads

[tudes100] 12/2/2014 10:00

Hadn't seen it, thanks for re-posting, will have a good read over my morning coffee.
Can't understand your scepticism about that 304p share price target :-)

[imastu pidgitaswell] 12/2/2014 09:36

I don't know if you ever saw the 'research' piece back in November, paid for by management and classified as 'marketing' under LSE rules - it essentially indicated a tough road back, with even by 2016 organic improvement being limited.

The bait was the 304p target price, based on an average margin of selected competitors - without any indication of how VLX was to achieve those margins - see link in first post:




hxxp://t1ps.com/crm/tracking.php?id=9533

It kept me entertained for a while anyway, while hibernating and waiting for the share price to move. In that context, the IMS today was as good as I could have hoped for...

:-)

[tudes100] 12/2/2014 09:13

Yes, you're probably right IP, probably a reflection of my hopes / expectations rather than the IMS.
Having held for most of 2013 I agree it definitely could have been worse !!

[imastu pidgitaswell] 12/2/2014 09:08

A good exercise in saying not a lot - but it was all that we could expect, and probably all the market was looking for.

Could have been worse...

[tudes100] 12/2/2014 09:05

what news ?! that has got to be the blandest IMS I've ever seen.
I'd like to get back in some time soon but think I'm going to wait for a little more evidence of pick up in performance.

[tom111] 12/2/2014 08:42

Im in at 119p on that news

[drewz] 12/2/2014 08:33

Interim Management Statement out - little detail but plenty of generally positive noises that restructuring is delivering efficiency and lower costs, plus better customer relationships and streamlined routes to market.

All sounds good.

Shares are still on sale at a distressed price, as if the business is knackered. Which it clearly isn't.

Expect better numbers after this recent 'kitchen sink-ing'.

Share price recovery will eventually reflect the business turnaround.

200p target within 12-18 months, imho, so long as Yellen keeps pumping $$$$s into the US economy to keep the global 'recovery' show on the road and inflate the West's massive debts down to a manageable size.

[imastu pidgitaswell] 07/2/2014 11:02

It's all a bit silly at the moment - 300 shares changes the 'headline' price by 5%, completely changing the perceived chart view.

I doubt there will be much that's positive quantitively in a trading update (should they ever do one, I mean who needs to bother informing shareholders?), but a lot will depend on the blurb that goes with it - the future etc etc.

For now, it's nap time...

[clive22mac] 06/2/2014 10:13

2posts in 2 days thread getting really busy!!!
I'm still holding and hoping for a management statement next week.

[imastu pidgitaswell] 06/2/2014 09:28

Looking very quiet, if nothing else.

The Volex website is ridiculous - it's as if they have shut up shop. No financial calendar other than past events, the 'news' is years out of date, only the board/exec team info has been updated.

Shareholders, who needs 'em?

[supasapi] 05/2/2014 17:44

yeah not looking bad....

[minky] 01/2/2014 12:07

I am still here and still hanging on to my few. Slightly in profit at the moment.

[freddie ferret] 21/1/2014 17:31

SS.

Nope, I think Nathaniel might be looking in occasionally.

[tudes100] 21/1/2014 11:22

a few other patient souls, quiet board at the moment though. Big trading update coming in Feb. Given the dirty washing that has all come out in the last 9 months I'm hoping for an update on progress of the transformation plan and no surprises.
Not too much to ask for ?!

[supasapi] 20/1/2014 19:06

come on ye VLX....... am I the only one left here?

[supasapi] 19/1/2014 12:10

agree a great sign

[pearlfisher] 17/1/2014 16:14

Nice to see a Director buy reported this afternoon:

17 Jan VOLEX GROUP PLC Daren Morris Buy 30,000 @ 112.00p £33,600.00

[imastu pidgitaswell] 13/1/2014 18:04

Pen - not much these days. Quick check after close is all I have time for, other commitments sadly...

Also realised that it's probably a great help not looking at it - if I had checked it around 9am, I might have been a little put out...

[thorpematt] 13/1/2014 17:40

Personally I'd say sideways but there you are.

[penycae] 13/1/2014 14:32

Afternoon all! Nice rise today. Might buy a few if it keeps up. That impy character still haunt this thread?

[crbema] 13/1/2014 12:08

Volex Plc Given Buy Rating at Investec (VLX)
Posted by Alphonse Anthony on Jan 13th, 2014

Volex Plc logoVolex Plc (LON:VLX)'s stock had its "buy" rating restated by Investec in a research note issued on Monday, Analyst Ratings Network reports. They currently have a GBX 140 ($2.31) price objective on the stock. Investec's price objective suggests a potential upside of 30.54% from the company's current price.
Shares of Volex Plc (LON:VLX) opened at 106.75 on Monday. Volex Plc has a 1-year low of GBX 81.057 and a 1-year high of GBX 130.881. The stock's 50-day moving average is GBX 115. and its 200-day moving average is GBX 111.6. The company's market cap is £61.4 million.
A number of other firms have also recently commented on VLX. Analysts at FinnCap raised their price target on shares of Volex Plc from GBX 90 ($1.48) to GBX 125 ($2.06) in a research note to investors on Wednesday, December 11th. They now have a "hold" rating on the stock. Separately, analysts at N+1 Singer raised their price target on shares of Volex Plc from GBX 101 ($1.66) to GBX 114 ($1.88) in a research note to investors on Monday, November 25th. They now have a "hold" rating on the stock. Finally, analysts at Nplus1 Brewin raised their price target on shares of Volex Plc from GBX 101 ($1.66) to GBX 114 ($1.88) in a research note to investors on Monday, November 25th. They now have a "hold" rating on the stock. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of "Hold" and an average target price of GBX 120.16 ($1.98).
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

[tom111] 12/1/2014 13:26

I keep watching these,probably wait for results, better safe than sorry.In the meantime im in CNKS and NUM which are doing very well on the back of a long queue of new issues,Worth a look.As always imo dyor

[naed] 10/1/2014 21:35

Knew I should have got out on the 6th! Second mistake, first one getting in. This share has bottomed at a quid but taking way too long to either turn it around or be taken over. Next week will be interesting

[ferrism] 10/1/2014 17:18

or not, as the case may be!