Volex Share Discussion Threads

[wanttowin] 20/7/2022 08:55

Hopefully that's the back of him Ijamion..

A beautiful bowl forming here if we can break 300.

[ijamlon] 19/7/2022 14:04

If we close here, higher than the June high, I wonder if Sweet Unicorn will reappear?

[steeplejack] 19/7/2022 13:31

Well done to those who purchased stock as the price plummeted towards £2 after the figures.A testimony to intrepid private investors as well as the erratic,feral and inconclusive nature of current equity markets.i did nothing but primarily because previous smallish forays of mine into UK equities have been welcomed with a swift kick in the privates.Maybe its personal.

[disc0dave45] 19/7/2022 13:10

Thanks, no problem.

[mrnumpty] 19/7/2022 12:45

Discodave . Sorry that I misinterpreted your post about Worldwide . Too often on chat sites I have seen posters who have publicly eviscerated others whom they disagree with , and I wrongly presumed that was the case but , as you state , Worldwide was factually wrong . As for my earlier thoughts about the dire situation in which Germany increasingly will find itself as the autumn and winter approach ( Germany cancelled all nuclear power after Fukushima ; it has no Liquified Natural Gas facilities for importing gas from overseas ; the country’s short coastline doesn’t lend itself much to wind power ) , I suspect that Berlin’s complete dependence on coal and Russian gas will mean that there will be severe behind-the-scenes pressure by Berlin in the EU and elsewhere for a “ deal “ which forces the Ukraine into submission : the history of Germany over the past decades convinces me that Berlin will not sacrifice the German economy in order to save the Ukraine ( I write this as someone who knows and loves Germany ) . So , maybe my fears about a slump in the German economy with a major impact on the production of electric cars in Germany are overblown . Good luck .

[igoe104] 18/7/2022 15:27

I think anyone is aware of the potential growth in the EV sector. But also hospital cables should see a big increase in growth as well. The uk government should be signing off lots of new hospital projects soon. Alot of cables are going too be needed for these new hospitals. Some of these cables cost 10k each...

[ijamlon] 18/7/2022 14:16

Maybe GLG follow Wordwind and are waiting for the imminent 150-160p he predicted (just before it rallied 35% in 3 weeks)

[johndoe23] 18/7/2022 14:10

Surely should be reducing now?

[ijamlon] 18/7/2022 14:05

GLG underwater

[mrnumpty] 18/7/2022 11:21

Gurjit2 . Thanks for the appreciation . Nat Rothschild is a top-rate chief executive , and I love his 25% holding , but stock markets are so treacherous at the moment , and even Nat Rothschild cannot affect world events . By the way , no one seems particularly excited by the recent purchase by Volex of the defence supplier ( I forget its name ) , but surely defence must now be a growth sector . Good luck all .

[disc0dave45] 18/7/2022 11:20

Thanks mrn for the balanced post, highlighting the potential risks. All plausible but nobody knows.As for "mocking" Worldwide's technical jargon, im not mocking the jargon I'm stating categorically that he posts factually incorrect information, for example he posted a few days ago that the RSI is overbought, the last time that was true was Sept 2021.

[gurjit2] 18/7/2022 10:56

Thanks for the article. Very informative on macro issues.Good to understand what does effect volex if certain events happen.Ta

[mrnumpty] 17/7/2022 10:00

Discodave45 . You mock the technical jargon used by WorldwideT . Having previously held Volex , I am very tempted to get back in , for a number of reasons , not least the recent recovery in the share price . However , whilst not claiming to possess the analytical skills of WorldwideT , my concerns are : whilst Volex addresses various markets , the one which has been exciting investors is electric cars but , if you look at an article on page 8 of the Business section of today’s Sunday Telegraph , you will find an article which expresses my concerns about the transition by the German car manufacturers to electric ( “ Germany’s electric car dream is held hostage by Vladimir Putin - the country’s plans for the future of its motor industry depend on Russian gas “ ) . The energy situation in Germany is so dire ( due to the magnificent incompetence of Berlin making Germany so utterly reliant on Russian gas ) , that households are being told to burn wood this winter , if they can and , as the Telegraph article states , sections of industry which can safely be switched off like vehicle manufacturing will be ordered to shut down over the winter ; secondly , another , full-page article in the same Business section is titled “ Western companies face having their fingers burnt as Chinese dragon sets its eyes on Taiwan - A crisis in the island state would threaten tech titans , carmakers and any business reliant on microchips “ . Sure , unlike the already major impact of the shutting of Russian gas to Europe’s major car manufacturing country , a Chinese invasion of Taiwan remains at the moment merely theoretical , but it would hit all the markets which Volex supplies . If Peking sees that the Russian invasion of Ukraine is starting to look successful , China might very well try its own luck , and the great majority of micro chips manufactured in the western world are made in Taiwan . A subscription-only tip sheet which has tipped Volex all the way up to its peak and tipped it again in its July edition nonetheless commented about the markets in general ( page 1 ) “ Amongst the last months’ stock market falls , the most important takeaway was that there was no panic , just determined selling , day after day . This tells you where you are in the market downturn - nowhere near the bottom , because as the nadir for the market comes into view , panic will be all pervasive “ . Sure , the editor concludes with “ Yet valuations are already mouth-wateringly cheap amongst UK small companies … “ , but I prefer to sit on the sidelines . The US Federal Reserve is due to announce another aggressive increase in US interest rates , which will no doubt negatively hit stock markets . There is so much to like about Volex but it is also very exposed to global events . Incidentally , I am NOT a ramper - I detest them as much as any other decent investor . Good luck all .

[worldwidet] 15/7/2022 16:23

take the chart of the SP500 or any other broad stock index and overlay it on the chart of inflation.

Take the periods around 1970 2000 2008.

The bulls wait for the moment when inflation reaches the high and starts to fall.

But bulls look at the superimposed charts!

When inflation reaches its high and begins to fall, it is because the recession collapses demand.

That's when the big panic sell-off in the stock markets occurred in 1970 2000 and 2008, and in the final sell-off the stock markets plunged another 20-30%.
This is also the moment when central banks panic and start to ease.


Study the stock and inflation charts and see what the stock market did when the central banks panic and start to ease monetary policy again in a tightening cycle.

history says... top inflation is not bottom bear market ... The worst is yet to come ...

at least that is my opinion. But Bulls I know this time everything is different.

[mfhmfh] 15/7/2022 15:52

good figures from the US today.

hopefully inflation is peaking especially with oil prices coming off highs.

[zho] 15/7/2022 15:32

Paul Scott enthusiastic, albeit with a couple of minor reservations:

[disc0dave45] 13/7/2022 13:18

"technical recovery in an intact down trend that is not supported by fundamentals."Complete nonsense.Filtered

[dougmachin] 13/7/2022 12:39

"Simply put: This is not what a recession usually looks like," they wrote in an accompanying memo. "While risks are elevated, the strength of the labor market - in addition to other factors like strong household balance sheets - puts the U.S. economy in a better position than many other countries to transition from an historic recovery to lower inflation and stable and steady growth. The best thing Congress can do to improve our chances of accelerating price normalization and successfully transitioning to stable, steady growth is to pass legislation that lowers costs for families - from prescription drugs to utility costs - while reducing the federal budget deficit, in addition to passing the Bipartisan Innovation Act."

- US National Economic Council Director Brian Deese and Council of Economic Advisers Chair Cecilia Rouse

[dougmachin] 13/7/2022 12:36

Worldwide - you remind me of Dracula on Hotel Transylvania going "blah blah bla blah"

[worldwidet] 13/7/2022 12:15

technical recovery in an intact down trend that is not supported by fundamentals.

The copper price is falling with the other commodity and energy prices because the highly liquid and very efficient futures markets are pricing in a strong recession and thus a very strong cyclical decline in demand.

The bond markets confirm this (inverse interest rate structures).

When this realization reaches the less efficient and very inliquid ancillary markets AIM etc.... good luck bulls

[dougmachin] 13/7/2022 00:40

With Cu prices going down so much, I'm wondering how much the share price here is linked to Cu price action.

[johndoe23] 12/7/2022 18:27

Yes, positive news regarding the 50 day MA, and excellent relative strength in the last few months. Just need the shorters to close

[aishah] 12/7/2022 18:02

Price strength now with 50d MA crossed and fcst PEG of only 0.6. Bonkers Valuation imo.