Volex Share Discussion Threads

[ijamlon] 09/6/2023 10:34

Full Year result confirmed for Monday 19th June. Buckle up!

[ijamlon] 05/6/2023 12:49

There's room for another surprise in the June update. Data center growth has been explosive this year, fuelled by AI. And margins in some segments have been very high due to parts shortages. If they've latched on to any of this trend then I can see another upgrade.

[ihatemms] 05/6/2023 11:43

No - in w/c 19/6. Probably on 22/6

[aeu97137] 05/6/2023 09:57

Annual results next week?

[mfhmfh] 02/6/2023 15:22

god labour report from the US today.

[owenski] 02/6/2023 12:58

From Vox, includes VLX -

[dixienormas] 24/5/2023 22:24

Nvidia seeing "surging demand" for its data center products. Up 27% in after hours trading

[ijamlon] 18/5/2023 08:25

My guess is that story was leaked by NR himself.

[dr biotech] 18/5/2023 07:48

I guess as a wider point you have to wonder what is Nats wider motivation. He was born with more money than we’ll ever have, had a bit of a dubious record before here but as mentioned probably wants something more prestigious at some point. There can’t be a sale without his approval given his stake. Not sure Peel Hunt do a lot of M&A though. Time will tell, I’m here for longer term growth rather than a takeover.

[zho] 18/5/2023 07:37

DLAR appoint Clive Whiley as Non-Executive Chairman.

[dr biotech] 18/5/2023 07:28

Yeah and now another broker…

[johndoe23] 17/5/2023 22:46

Interesting that Judith mackenzie stated there could be an equity buy out here the other day. A hint maybe?!

[ijamlon] 17/5/2023 22:25

I don't think he wants to spend the rest of his life running a power cord firm. DLR is small but prestigious and there could be a massive amount of financial upside from option awards in a turnaround situation. Volex was the same size not that many years ago after all.

[dr biotech] 17/5/2023 22:18

VLX is 7x the size of DLAR, whats in it for him? His stake in VLX is worth more, and he's hardly short of money in the first place. But I'd take £4.50..

[ijamlon] 17/5/2023 22:09

Interesting story here. Could be a catalyst for a sale of Volex if true.... Sky News has learnt that a number of institutions have been arguing for Mr Rothschild, who has led a successful turnaround of the listed industrials group Volex, to be appointed as Kevin Loosemore's successor.City sources confirmed on Wednesday that De La Rue, whose customers include the Bank of England, had held discussions in recent weeks with the scion of the eponymous banking dynasty.

[zho] 12/5/2023 12:35

VLX discussed by Judith MacKenzie and Paul Hill at from 42:50

JM: "There's got to be a [private equity] take out."

[dr biotech] 12/5/2023 07:22

Good spot. There’s a lot of guff about ignoring past performance etc in the share price

It then says

Revenue is expected to rise by 16pc year-on-year, while underlying operating profit is set to be about 17pc higher. A 0.2 percentage point increase in the company’s underlying operating profit margin to 9.3pc highlights its capacity to successfully manage costs during an era of rampant inflation.

This highlights its strong competitive position, which could prove beneficial over the coming months should inflation prove to be somewhat sticky.

Net debt is due to have fallen by $22m (£17.4m) in the second half of the financial year so that it stands at about $76m at year-end.

The company appears to be in a sound financial position to make further acquisitions following four purchases in the previous financial year. It is also well placed to ramp-up investment in the structural growth markets in which it operates, notably electric vehicles, to expand its range of operations.

Volex key facts
Trading on a price-to-earnings ratio of 12.9, Volex remains attractively priced given its long-term growth potential. Indeed, its share price includes a wide margin of safety that suggests its risk/reward opportunity is still highly favourable ahead of an improving outlook for the global economy.

While it is tempting to lock-in the stock’s large capital gain, this column believes it has further room to run. Therefore, Volex remains a worthwhile holding in our IHT portfolio.

Questor says: hold

[steeplejack] 12/5/2023 06:45

"An attractive valuation and several growth catalysts suggest further capital increases are ahead for integrated manufacturing specialist." Daily TelegraphToday's Questor column writes up Volex.

[johndoe23] 10/5/2023 15:51

Seems so. Though markets are now falling again.

[mfhmfh] 10/5/2023 13:54

better than expected US CPI report today. 300p next stop?

[dr biotech] 05/5/2023 15:40

Thanks - thats a decent write up. Cautions about consumer electronics but everything else is positive. Been a decent week here, seems the contract news has kept the light on lowly valuation

[zho] 05/5/2023 12:47

Thanks mfhmfh,

Exploit a valuation gap with this reinvention story

Aim-traded stock has turned itself around in the past five years – but the valuation hasn’t caught

[mfhmfh] 05/5/2023 11:38

positive write-up in IC for what it's worth.

[valhamos] 05/5/2023 09:23

simmsc- as long as companies make cars with charging inlets designed for cables then they will need to supply a charging cable with the car. Induction charging systems will have to be an additional extra to cable charging for many years to come until the infrastructure is in place to replace cable charging. In the meantime VLX will build up their in-car cable/component sales.

[ijamlon] 05/5/2023 08:19

New buyers off the initiation of coverage from Peel Hunt (a more heavyweight and influential broker than their existing ones) plus positive momentum from results and news, generating short squeeze on GLG. Means one way traffic in the short-term regardless of wider market.