Volex Share Discussion Threads

[descartes244238] 30/6/2021 17:10

Price fall predicated on the re-assertion today that the copper price is going to continue northwards which will impinge on Volex's manufacturing costs

[igoe104] 30/6/2021 13:19

Totally agree, Don't see the point being in and out the market pinching 10% etc. I'm going to hold for several years and make some really big bucks as the Electric cables market really takes off. If you can see the pathway all you need is patience.

[davr0s] 30/6/2021 13:14

Nothing to comment on. Typical noise from short term hot money moving around from some following someone who thinks they can outsmart the market. I ignore this kind of thing

[ali47fish] 30/6/2021 12:45

i don't understand the comments on IHT and how this affect the company- no one commenting about the retrace of 5pc today?

[contact2fsnetcouk] 30/6/2021 12:26

Times - No IHT on AIM shares provided they have been held for two years.

You may wish to check with your tax adviser whether a Bed and ISA transaction means that the holding period ceases at the point of sale and recommences at the point of repurchase in the ISA.

[timescrossword] 30/6/2021 12:10

No IHT on AIM stocks - if there's an attractive yield then that's got to be of interest to the elderly investor

[inever] 26/6/2021 20:26

According to your profile, you are a member since 2005 and have posted 201 times. Yet you say this is your first post.

[deanowls] 26/6/2021 19:12

Give your head a wobble.

[valhamos] 26/6/2021 16:54

I'm amazed anyone can think it was a fair question! If it was a fair question then you could query whether any stock could be a Polly Peck. To suggest that a company could possibly be a fraud you need to suggest something that might be an indicator - perhaps something in the accounts or may some untoward business connection or deal. None was provided in this case so the comment was quite frankly idiotic. I am happy to move on but some people need to learn not to write stupid things.

[coffeecanportfolio] 26/6/2021 16:53

"First time i've commented on a share board and been criticised just for asking a question."Was it also the first time you first question was to compare a company to Polly Peck (the biggest fraud in recent British history)?Just want to know if that's your usual opening gambit or were we just blessed?

[ymaheru] 26/6/2021 14:53

I still think it was a fair question from TRCML. Not sure why we can’t move on.

And, Asil Nadir owned 58% Poly Peck, so high management ownership is a parallel with PPI, unfortunately. I think free cash flow is the only indicator I can see that very much reassured me otherwise.

[its the oxman] 25/6/2021 13:20

Results have clearly been well received and investor meetings with co must have been reassuring for the share price to continue progressing. Hopefully , subject to wider market holding up, we can all agree chart Is looking very encouraging for a move beyond 400p now. GLA.

[sooty snipes] 23/6/2021 19:20

I'm glad I only post on this thread. The other thread seems to be mainly for conspiracy theorists or loons. Originally held 40,000 shares at a average of 60p. Only sold three thousand. Happy to hold the rest until the story changes. Nat Rothschild holds 25% of the company and has been accumulating big time over the period I've held. Kinda tells me all I need to know. Good luck all Sooty.

[trcml] 23/6/2021 16:30

First time i've commented on a share board and been criticised just for asking a question. As some of you kind enough to answer have pointed out there is no comparison.

[shanklin] 23/6/2021 15:40

LOL, on this basis every listed company in London could be characterised as Polly Peck. We all know there is zero evidence of this.

[ymaheru] 23/6/2021 15:06

We could start a crass action law suit against him. Lol

[deanowls] 23/6/2021 14:56

I think people get too easily offended these days

[red ninja] 23/6/2021 14:54

I have to say it is indefensible to defend TRCML, he clearly tried to smear Volex with the Polly Peck brush and should really apologise to the board for his crass action.

[ymaheru] 23/6/2021 14:40

I have to defend TRCML, as he/ she was just asking the Polly Peck question since VLX seems to be doing so well and is acquisitive. I don’t think you can knock someone for asking.

Additionally, I think VLX is vastly undervalued. Companies like SDI and LUCE have risen towards full values. Both are manufacturers. Also, more established Judges group and Halma are close to conservative estimates for discounted present value if future cash flow.

VLX has risen but is not close to it’s real value in my opinion. I think some larger investors are scared after poor results a few years back, before Nat Rothschild became CEO. If it trades under 300, I’d seriously flog the car to buy more shares.

[trcml] 23/6/2021 11:37

Polly Peck was only shown up as a fraud long after its share price had risen substantially. During which time there were trading profits galore. I don't think Volex is a fraud, but i reckon the share price currently is up with foreseeable future events. Plenty of good companies in my view (and experience) do not make good investments for buy and hold. I dabble in shares, have done regularly for >50 years, to use the profits from trading to buy things without having to dip into savings.