Volex Share Discussion Threads

[dougmachin] 11/11/2021 08:43

Yep, gotta love a discount to Nat's recent 418p purchase price.

Didn't quite get Sharon Molloy's 390p price though.

[sweetunicorn] 11/11/2021 08:41

I look through the noise and fog produced by short-term gamblers and algos and focus on fundamental long-term dev.

I didn't think I'd get the chance to buy under 400p again. A great day! I took a big gulp under 400p.

next point 11.30 : Presentation with VLX management.

[donald pond] 11/11/2021 08:39

Had my eye on these for a while so bought in today on this pullback

[wanttowin] 11/11/2021 08:37

I was just thinking the same igoe104, what an opportunity this presents. Some investors must have got some at under £4 !

[igoe104] 11/11/2021 08:34

Wouldn't be surprised if Nat buys a load more ...

[roguetraderuk] 11/11/2021 08:32

from the ft avg consensus earnings of 6 analysts is 25 and 28 for 22 and 23 years respectively. they have revs at 525 and 575 for 22 and 23 also.

[disneydonald] 11/11/2021 08:31

Lots of margin calls ... punters getting closed out ... some SB companies suspended trading VLX ... all adds to the volatility. Should see a bounce in the cash markets .See what they say on the call later

[montynj] 11/11/2021 08:31

It will turn blue soon..typical short traders exiting at outset and long termers mopping it up...solid results

[igoe104] 11/11/2021 08:31

Traders with stop losses are going to be hurt today. These will bounce back soon, as the outlook looks very rosy...

[sweetunicorn] 11/11/2021 08:29

I think investors should not hate these days. Investors should love them as long-term opportunities.

Short-term gamblers hoping for quick profits on earnings releases will hate this day.

[chessmaster10] 11/11/2021 08:29

Think they could be looking for supply in the range 395-385p. Look for a bounce from there.

[az4hr] 11/11/2021 08:29

i hate the stock market

[roguetraderuk] 11/11/2021 08:25

320-360 a solid pick up in this one i would guess. froth would be long gone and would set up well for substantial progress by mid 2022 report.

[mauricemonkey] 11/11/2021 08:18

Sorry, should’ve said forward p/e eighteen months, end of FY23 where eps is expected at 28.2c

[abarclay] 11/11/2021 08:17

Investors remain very keen on EV-connected shares:


US EV company Rivian (US:RIVN) priced in New York this week with a valuation range topping out at $67bn (£49bn), and is only expected to deliver around 1,000 vehicles this year.



If VLX can tap into even a fraction of that excitement, it could be an energy transition winner.

[its the oxman] 11/11/2021 08:17

Bit of profit taking today. Long term story remains the same. So buy the dip i guess.

[imastu pidgitaswell] 11/11/2021 08:14

I think the forward PE is more like 25+?

Profit after tax (and bear in mind tax rate will rise is losses used up) of $17.2m, Full Year, what $38m? And in Sterling that's £28m. M/C of £680m, means PE ratio is 24.3, Considering higher tax rate is pending, that puts it in the high 20s.

And it is acquisition accounting - hide all the nasties on consolidation, provision away etc etc.

I don't think it's that cheap - but than I didn't think it was at 250-300, so wtfdik?

[ijamlon] 11/11/2021 08:13

Share price reaction tells me that some expectations had run ahead, that there were a few tourist in the stock purely to play the earnings release, and that there's a lot of focus on short-term margin stabilisation. Personally, I see a buying opportunity here.

[abarclay] 11/11/2021 08:08

Well developed acqusiton coming

[sweetunicorn] 11/11/2021 08:08

I think I see a massive oversold condition here and a great opportunity to pick up quality pearls that investors are throwing out on the streets because they are not able to evaluate the potential of future acquisitions.

Collect, put back and wait for the next M&A RNS...

No recommendation.

[abarclay] 11/11/2021 08:07

Blue later

[simmsc] 11/11/2021 08:05

Mkt clearly doesn't like the update

[mauricemonkey] 11/11/2021 08:03

Well forward p/e is 22, which is pretty racy for a low margin industrial. I’m not sure p/s is a good metric at the best of times, but definitely not (in my view) for a relatively low margin manufacturing business.