Volex Share Discussion Threads

[imastu pidgitaswell] 28/11/2014 14:00

Ah, but this time it's different... ;-)

Anyway, while we all go pig-spotting, I noticed that another broker updated its view - albeit down with price (marginally) yesterday.

hxxp://sharedealing.nandp.co.uk/broker-views/VLX/Volex-Group

Of course, they could just save us all the trouble and long wait and seek a friendly (or hostile, I'm not fussy...) takeover - albeit for a much reduced level following the rights issue. Gimme 150 and we'll call it quits. More airborne pigs...

[ferrism] 28/11/2014 12:53

Thanks for posting that, imastu. Yes, we have been here before. It always seems the projections look very impressive until the next results. I know the reasons for the exceptional costs are different every time but the regularity makes me feel like asking them to report them as "normal costs." Well, normal for a Volex annual report! We shall see. In the meantime I'm going to, yet again, give them the benefit of doubt.

[busthief2] 28/11/2014 10:25

Cheers for that. Dipped my toe in last week,lets see if it pans out this time......

[imastu pidgitaswell] 28/11/2014 09:43

Half Year presentation - nothing particularly new, but some visibility on transformational plan - and targets by 2018. Been here before with plans and targets, however...

Slide 3 - "Tripled sales pipeline with significant new business wins"

Slide 5 - top 5 customers have remained in good shape - it's all the rest that have gone wrong (until H1 2015 - the only way is up...)

hxxp://www.volex.com/pdf/investor-relations/presentations/interim-results-presentation-2015.pdf

[dlku] 22/11/2014 12:54

Might be worth buying after the next rights issue. 30p?

I wouldnt touch it before that

[cockneyrebel] 20/11/2014 08:38

More late reported large trades last night - someone has got shot of a lot of stock now - done and dusted?

CR

[toffeeman] 19/11/2014 11:11

No and yes

[she-ra] 18/11/2014 22:28

Is USB 3.0 going to help lift sales of cables and is Volex in this market?

[cockneyrebel] 18/11/2014 11:18

Firming up nice on yesterday's high vol and large trades.

CR

[cockneyrebel] 17/11/2014 18:27

Yeah, I've had my beating in her at times too! :-(

Looking at the volume today it looks like seller(s) have got a lot of stock away so perhaps a decent bounce imminent.

All imo/

CR

[supasapi] 17/11/2014 18:05

thanks CR - just that I have been in these twice and lost so maybe third time lucky.....

[mach100] 17/11/2014 10:19

I am in today. I think this is the bottom. The placing was at 76p. Not very often you can get in at 16%ish cheaper. Even if the turnaround doesn't come to fruition, it can certainly bounce from here. Looking to see 76p in the short-term and possibly 90p in a few months.

[dlku] 17/11/2014 09:05

Going to need another rescue fund raiisng

japan in recession

[cockneyrebel] 17/11/2014 09:01

I don't just buy bowls supasapi - sometimes there value there that the mkt misses imo.

There's about £300m sales here on a mkt cap £60m. There's only about £4m of net debt and cash generative. They are profitable pre- exceptionals.

Just loos like value after that fall imo.

Up today on large trades late Friday and this am so perhaps the seller(s) of recent days has cleared.

All imo/dyor etc

CR

[supasapi] 16/11/2014 19:28

hi CR interested to know why go in now prior to the bowl forming? presuming that you think a bowl will form

[imastu pidgitaswell] 14/11/2014 14:29

Thanks diku - don't know what we would do without your selfless contributions...

Ruffer just added 600k - presumably from Golden Troughs?

[cheiftown] 14/11/2014 14:16

Diku, Get a life take a holiday. Let VLX simmer for a while.

[dlku] 14/11/2014 10:47

weak agaon

[mikepompeyfan] 14/11/2014 06:50

Easy in Kim Kardashian's case supasapi.

[dlku] 14/11/2014 00:18

Expect another profit warning, rot has set in

[supasapi] 13/11/2014 23:57

Sorry I meant how does one detect the bottom....

[supasapi] 13/11/2014 23:54

I've never understood how the bottom or near bottom has been reached

[supasapi] 13/11/2014 23:53

Glad I sold out a few weeks ago but now may be the time to get back in.....

[tipjunkie] 13/11/2014 16:09

lol cr

just posted on ur fred!!