Volex Share Discussion Threads

[igoe104] 10/8/2023 06:54

Folks certainly need to get in touch with the company, obviously someone along the chain is leaking information.

[allstar_07] 09/8/2023 19:45

Has anyone seen any analyst forecasts that include the acquisition? Says mid-teen earning enhancing in first full year, with the placing increasing share count by c13%

[ijamlon] 09/8/2023 16:25

When you look at the chart and the RNS release it's so blatantly been front run. The controls on insider dealing are unbelievably weak in the U.K. Just two convictions in the whole UK in last 5 years. Embarrassing. It's not helpful as it paints an inaccurate picture of news / price reaction for market watchers. Nevertheless, once the dust settles here, I will be very surprised if we don't push higher over the coming weeks.

[mfhmfh] 09/8/2023 15:41

Imagine VLX released bad news today.

[dr biotech] 09/8/2023 14:45

Pretty sure some person/people knew about this a couple of days ago, the news is positive so no reason for a slump - as there wasn't much reason for a rise over the previous few sessions. VLX have previously been tight with their info, but of course there are several parties involved here.

Still it all helps going forwards.

[johndoe23] 09/8/2023 13:35

Strange reaction. At least it flushes our all the weak

[togglebrush] 09/8/2023 08:17

Heavy early trading by auto/algorithmic trades in first 45 minutes at rate of three per minute
'
157 trades out of 174 total which could account fot volatile price moves : (by my count to 8:47 am)

[donald pond] 09/8/2023 07:36

I think VLX has been building a base for 18 months and is no starting a stage 2 move

[ijamlon] 09/8/2023 07:32

You get the insiders who bought last week and are selling the news for a few percent. They will quickly be cleared out. It's a very positive fundamental story: the newsflow has caught up with the hype that drove the share price to £5 two years ago (too soon and before Ukraine and inflation). Volex are now a key part of the supply chain in the biggest transport growth trend of our lifetimes, with the ability to deliver at scale thanks to smart acquisitions. Already up 25% this year, a price close above 325 in coming days could be the start of a much more substantial trend imo.

[bigbigdave] 09/8/2023 07:23

News leaked earlier this week I reckon

[igoe104] 09/8/2023 07:23

They must be some desperate folks around to sell these at this level. EV cables Data centres cables are going to be in massive demand over the next decade.
.

[donald pond] 09/8/2023 07:23

General rule is that retail trade in the first hour and institutions do their work later. Looks clear to me that VLX are doing everything right at the moment and are in a sector with big growth potential so happy to accumulate

[johndoe23] 09/8/2023 07:20

Lots of sellers this morning. Bizarre.

[boadicea] 09/8/2023 07:17

...and suddenly we have traction.
These potentially big deals can cause excitement but often do more for volume than for profit due to tight oem margins. However, the aftermarket can prove more profitable.

[igoe104] 09/8/2023 07:05

Alot of charging cables will be needed in USA and Canada. Plus lots of cables needed for Data centres boom, for AI..

These should do extremely well over the coming years.

[siggs44] 09/8/2023 07:01

A good start to the day.

[bulltradept] 09/8/2023 06:52

The news may have already been known about, but good luck holders.

[togglebrush] 09/8/2023 06:04

RNS Extract
'
Volex plc (AIM: VLX) is pleased to announce it is a licensed partner of Tesla for the North American Charging Standard ("NACS") EV Charging system. Volex is a selected global manufacturer of the authentic NACS coupler and is stocked and ready to immediately supply automotive OEMs and charging infrastructure suppliers.

[ayl30] 09/8/2023 06:04

Deal with Tesla announced, good news

[acefromspace] 07/8/2023 12:13

Close above 3 and we are a go ;-)

[johndoe23] 07/8/2023 11:18

Iceberg gone at 300p, next stop 325-330

[siggs44] 07/8/2023 11:06

People are waking up to how good the Turkish deal is at last.

[johndoe23] 07/8/2023 10:47

Breakout?!