Volex Share Discussion Threads

[acefromspace] 10/2/2020 17:57

Plenty of dips to come. Sure you will get a good opp. I expect a bit of consolidation around here now.

[greenroom78] 10/2/2020 17:43

In hindsight I agree. I'm annoyed at myself for taking my eye off the bigger picture but also slightly annoyed that RNS wasn't released at 7am. Oh well, will see how it develops.

[acefromspace] 10/2/2020 17:39

We have all been there. I've done it before. Fridays drop just looked over done on lowish volume followed by a shake out this am.

[greenroom78] 10/2/2020 17:16

I exited this morning about 30 minutes before the RNS (annoyingly) having held from 84p, my decision wasn’t Twitter related but more the collapsing price and lack of comment from management. I felt Friday’s fall and Corona being global news was worthy of a 7am rns. It’s a shame as I now need to decide when to rebut as long term I like this. No idea how much disruption Corona will lead to. I will wait for a bit and see how the price develops.

[igoe104] 10/2/2020 17:05

That's what happens when you spend a lot of time looking at twitter, your decisions can easy be influenced.

[wanttowin] 10/2/2020 16:55

I feel sorry for holders panicked out of this one..I have done it myself, but have now managed to acquire a lot more resilience in my investing attitude.
In the past I've been guilty of panic selling, and then end up buying back my shares at a higher price. MM's love playing on that fear..just my humble opinion.

[sooty snipes] 10/2/2020 14:19

To recap what Daren Morris said about the company and how it's positioned. Very informative. I'm in for the long haul. Two small top up's this last seven days. Very happy.

[onjohn] 10/2/2020 12:36

Looking good

[shanklin] 10/2/2020 11:07

AfromS

Agreed.

However, a very virulant virus will kills 2.5% of those who catch it, does not sound great especially as most of the world seems completely unable to get a grip on the situation. To be fair to China, after a disastrous initial reaction, they do seem to be taking it very seriously... ...which is obviously easier with their style of government.

[acefromspace] 10/2/2020 10:54

Shanklin. Always remember why you invested in the long run. Unless you think this virus will destroy the world it's a short term issue. Nothing about this investment has changed other than a slow down in production. If your a short term trader then selling might be a good thing as it may be volatile for a while but overall the business will drive the share price in the long run. You may still be proved correct but if not you may have missed out on a multi bagger in time.

[shanklin] 10/2/2020 10:34

Agree the RNS is fine. Shame I took my eye off the ball.

[wanttowin] 10/2/2020 10:11

So, there we have it..I added a tad too soon on Friday but hey ho, just had a few more.. Still holding for plus £2 and have no doubt that we will get there, just going to take a little longer..imo

[john09] 10/2/2020 10:11

False rally

[valhamos] 10/2/2020 10:06

Good statement from company - would expect all factories to resume before too long.

[john09] 10/2/2020 10:02

1 of 4 working, not ideal

[valhamos] 10/2/2020 10:00

Shanklin - I think we get the message. You have said a couple of times you have "no idea" about the impact. There is clearly greater short term uncertainty which means short term risk. This increases share price volatility as short term investors protect their positions. However that creates opportunities for others to exploit based on the long term prospects for the company which have not changed.

[shanklin] 10/2/2020 09:59

And now we get the RNS.

[spooky] 10/2/2020 09:43

Its all about time horizons, long term the current situation is irrelevant. Obviously for short term traders its slightly different, long or short.

[shanklin] 10/2/2020 09:36

3/7 in China but no idea whether these sites are still operating or what impact their partial or complete closure might have on group sales or profitability.

[reddevils1] 10/2/2020 09:31

suprised luceco holding up

[nobilis] 10/2/2020 09:15

Surprised KETL holding up

[shanklin] 10/2/2020 09:00

News to me

[onjohn] 10/2/2020 08:59

I thought shanklin was a respected poster lol