Volex Share Discussion Threads

[4north] 22/6/2023 08:09

On HL: "Action required before 22nd Jun 2023 11:00"

[ali47fish] 22/6/2023 08:07

is there a deadline by which to participate- what if my broker is no participating

[muzmanoz] 22/6/2023 07:58

I've had nothing from Interactive Investor so far.

[rik shaw] 22/6/2023 07:54

I received a notification from HL at 07.20 for my holding inviting me to take part.

[ali47fish] 22/6/2023 07:45

please someone explains the rex retail offer- doesit have to be through own broker

[igoe104] 22/6/2023 07:37

Excellent stuff, good to see them taking over a high margin business also..

[grahamhacker] 22/6/2023 07:37

All round good news! Excellent results, given market conditions and still going forward. The takeover using mainly existing cash facilities is also good news. Let's hope the market, at long last, really begins to understand Volex & values it accordingly!

[johndoe23] 22/6/2023 07:31

Looks like a good deal at first glance. Operating margin to reach double figures, immediately earnings enhancing. Only a 3.8% discount to share price. Be interesting how market takes it

[togglebrush] 22/6/2023 07:30

Full Year looks excellent on first reading wih increased divi, 2.6p, a takeover bid with placing, and a REX retail offer for investors (ex placing). Looks like Volex is moving with momentum in right direction !!!

[aishah] 22/6/2023 07:30

Directors subscribing approximately £15m in the placing

[dr biotech] 22/6/2023 07:27

Results and outlook seem decent enough. Placing will keep a lid on the price for a while. Acquisition looks value on Ebitda, less so vs revenue. Should be decent if they can maintain margins

[philanderer] 22/6/2023 00:09

Indeed.

Rothschild’s Volex taps investors to fund £135m Turkish takeover

The Volex chairman Nat Rothschild will on Thursday unveil a £55m cash call to help fund its biggest acquisition to date, Sky News learns.

[a day in the life] 21/6/2023 23:27

Placing coming in the morning.

[siggs44] 21/6/2023 19:13

Looking forward to the results tomorrow..

[tole] 21/6/2023 07:56

https://www.thearmchairtrader.com/volex-aims-ambitious-1bn-revenue-target-2027/

[simmsc] 18/6/2023 22:18

full year results are on Thursday, not tomorrow.

[tomv33] 13/6/2023 17:09

Did we hit a 6month high today?

[shaker45] 13/6/2023 14:35

Surprisingly, to me at least, China seems to be, if not leading the charge, (forgive pun) out gunning many legacy carmakers with electric vehicle market penetration now. Not sure how that impacts vlx

[ijamlon] 13/6/2023 14:03

Some background pluses: data centre growth fuelled by AI is booming. 14% market expansion expected this year. Tesla sales very strong, expected to be 1.8mln cars, vs 1.2mlm last year (+37%). And at the same time, Tesla charging infrastructure is slowly becoming the de facto infrastructure and standard for the whole EV industry with the widespread use of adapters. All possible tailwinds for Volex. Against this, the easing in supply chain is leading to some inventory de stocking worldwide which could temporarily affect demand from some of their customers.

[igoe104] 12/6/2023 07:39

What's the betting, traders buy for the upcoming results, then offload on results day, regardless of the update.

[ijamlon] 12/6/2023 07:37

My bad: the results diary must have been indicative only. Looks like the FY results presentation is set for 23rd June as someone else on here previously advised.

[ijamlon] 09/6/2023 14:14

I got it from a Cannacord daily calendar of events.