Volex Share Discussion Threads

[ymaheru] 14/1/2023 19:51

Huh? Bills, mortgages, inflation.

[l0ngterm] 14/1/2023 18:35

What cost of living?

[ymaheru] 14/1/2023 17:13

Yes, I think so.
Cost of living problems mean lower prices should encourage more uptake.

[l0ngterm] 14/1/2023 15:25

I see Tesla has dropped prices to increase volumes. Hopefully a positive for here.

[l0ngterm] 10/1/2023 12:22

Possible just hedging? if they are holders under the 3%.

[simmsc] 09/1/2023 18:24

Shorters are getting (or trying to get hold of) the share price movements here. Short interest reported today has moved from 1% to 1.5%. Dangerous game on a stock with a good track record and near textbook financials. Ok, there is a slight amount of debt increase (but easily serviced) and VLX has had some dilution, but revenue has increased by more than shareholders have been diluted, eps has held up well and forecasts for eps are positive too (and op margins should stay strong with inflation tailing off).

[l0ngterm] 04/1/2023 09:11

Thanks for sharing, greatly appreciated.

[igoe104] 04/1/2023 09:11

I know they supply Tesla and volkswagon. And a few more undisclosed partners..

[l0ngterm] 04/1/2023 09:00

What, and to which companies do they supply for electric vehicles?

[gargoyle2] 03/1/2023 17:29

Tesla's numbers today won't have helped

[ymaheru] 03/1/2023 17:04

Volex correlates better with US market and reports in USD anyway.

[aishah] 03/1/2023 16:40

Something is not right here. Simply does not participate in any up market moves. Dyor

[simmsc] 03/1/2023 12:51

This stock looks very good value here. Revenue up every year, operating margins stable (despite COVID), strong and stable Roce, divis expected above pre COVID levels, liquidity good, EPS forecasts climbing and a sensible valuation at around a PE of 10 (with all these strong metrics). Buy

[gymratt] 16/12/2022 11:33

Yes. It's still within the lower edge of the bowl if you look on the big chart...

[worldwidet] 16/12/2022 09:38

"Nice chart" ???

"Easy 20%" ???

[gymratt] 16/12/2022 09:07

Back in. Nice chart..easy 20% here for the patient.

[bulltradept] 16/12/2022 09:03

On my watch list.

[dope007] 15/12/2022 11:48

Put this one on my watch list. Raw material prices have softened but their end mkts are weakening. I can see it going lower but it will make a great buy when it bottoms out.

[wanttowin] 15/12/2022 10:14

I for one am getting sick of the weakness here ..I’ve been in and out of these for years and done well in the past. Smallish holding now, at present underwater, but ready to strike this one. Why was Nat buying so many around a fiver and yet now he seems to have disappeared. The market has been a pig but the fall here has been relentless

[arieljcohen] 14/12/2022 14:53

Hi Dr Biotech,

Please can you send me the articles? Do you have an email address?

Also FWIW 300p is still v undervalued. That would imply a fwd pe of 12x or so and it should be minimum 16-18x in my opinion (even in this market)

[dope007] 14/12/2022 13:11

Putin can say he will cut but he will make sure China, India etc will get all what they want and at the right price

[mrnumpty] 14/12/2022 12:26

Drbiotech . I am currently not invested in Volex , but watching . As a subscriber to the Telegraph , it seems to me that , as you suggest , there has been a slowdown in demand for electric cars . Apart from the increase in the cost of electricity , another impact has been the recent drop in the wholesale price of oil , as reflected at the petrol stations . On the one hand , Russia and Saudi Arabia agreed about three months ago to withdraw two million barrels of crude oil per day ( the world needs 100 million barrels of oil per day ) , and it was this which caused the price of crude oil to rise to nearly $ 100 per barrel . However , protracted lockdowns in many cities in China have nonetheless reduced world demand for oil , thereby recently causing oil to drop below $ 80 per barrel , although it is currently rising a little . There are two factors which make me suspect that the price of oil will recover : China is moving away from mass lockdowns , which seems to be a fact ( although Beijing is able to crush dissent , it still won't want mass protests turning into something more serious ) ; much more speculatively , I am not alone in suspecting that Russia , perhaps together with other major exporters , could weaponise oil by further reductions in output - older readers will remember the devastating economic impact of the leap in the price of crude oil as a result of the Yom Kippur War of 1973 . A fairly small reduction of crude oil output has a disproportionally large increase in the cost of crude oil . In the Business section of the Telegraph of 25 th November , Ambrose Evans-Pritchard ( a long-standing columnist in the Business section ) wrote that " JP Morgan says Russia could give us a nasty surprise by cutting oil output by 3 million barrels per day [ i.e. in addition to the above-mentioned 2 million barrels per day reduction ] ( 3% of world supply ) , which is physically possible without damaging its own drilling infrastructure . This would drive prices to an all-time high of $ 190 a barrel . If Putin goes for the jugular with a 5 million cut , prices could reach $ 380 a barrel . Anyway , Volex isn't only about power cords to electric vehicles .

[dr biotech] 13/12/2022 08:10

Not sure if this is relevant, not been a great run recently

[zho] 01/12/2022 11:09

>>China looking to boost vaccination in the elderly according to The Economist>>

And ... China "is finally pivoting away from efforts to quash the pandemic."

"While the central Chinese leadership has remain characteristically opaque on its intentions, the signs are unmistakable. Authorities have started downplaying the severity of infections while avoiding “dynamic Covid Zero,” a term that refers to wiping out the virus. China’s Covid czar described the country as being in a “new phase” of the pandemic."