Volex Share Discussion Threads

[johndoe23] 31/8/2023 15:23

No liquidity, no buyers...

[bamboo2] 31/8/2023 09:07

dp, add those going bust and others taking their listing to the US to the takeover total! Uk market is so dysfunctional it might as well close down.

[donald pond] 31/8/2023 08:56

There are only 1900 listed companies left in the U.K. and we seem to be getting multiple takeovers every week (at least 2 yesterday). I'd have thought VLX are absolutely in the sweet spot, and expect to wake up to an RNS announcement that it's all been agreed at £5.50/6In the meantime we should get confirmation soon that the Turkish deal has all completed

[johndoe23] 31/8/2023 08:31

Level 2 looking very decent at the moment. Icebergs at 330p and 400p have disappeared, for now. Could be a nice run to 400p plus over coming months!

[igoe104] 28/8/2023 15:12

Could be a big market for cables company like VLX..

India considers tax breaks for electric vehicles.” EVs account for just 1% of annual vehicle sales currently, but the government is targeting a market share of 30% by 2030.

[boadicea] 24/8/2023 20:14

Ijamlon - Sounds like you want jam on both sides of your bread!
I think VLX probably fills the bill quite well for EV.

On the data centres there are a number of options but one that is probably not too expensive atm is RCN because it has recently acquired a company that had not hedged its electricity requirements, so given that cost and the inevitable amortisations that follow a takeover, it is showing a statutory loss. However, the prospects for the current year (FY2024) are better and for 2025 look positively good.
For good measure you could add in CNIC, a play on internet traffic - domain management and monetisation of intelligence data acquired from traffic analysis (I think - it's all a bit technical for my brain!). On its cash flow figures it looks uncommonly good value but statutory profit is impacted again by the non-cash write down of acquired intangibles.

Apologies to others for veering o/t.

[ijamlon] 24/8/2023 12:11

If only there was a UK stock to buy that benefits from the massive growth in both data centres and EV

[ijamlon] 16/8/2023 07:21

Bloomberg - HSBC raised its Volex price target to 510p from 400pThe broker says recent confirmation that the firm is a licensed charging system partner of Tesla "adds to the theme of high momentum in EV."The choice of Volex as a global manufacturer of NACS couplers comes as the US charging infrastructure moves closer to adopting Tesla's EV charging standard, analyst Stephan Klepp (buy) writes in noteNotes Volex has also won clearance to acquire Murat Ticaret, a maker of wire harnesses, in a second bit of good news"In our view, Volex has continued to execute above expectations, and its loss of premium growth valuation is unjustified"

[acefromspace] 14/8/2023 16:56

I'd prefer no buy out to get max value out of time. This is my biggest holding

[owenski] 14/8/2023 16:49

Couple of pieces of important news recently and market clearly liking this, showing a bit of strength in weaker markets too. Tidy looking chart with a bit of volume behind it, reckon this is starting to accumulate again. Decent business and well executed.


free stock charts from uk.advfn.com

[dr biotech] 14/8/2023 16:33

I guess it would be up to Nat to decide when he wants to do something else. Decent rise today though, its now one of my better performers this year, and also in my top 3 holdings.

[zho] 14/8/2023 12:48

>>Volex recent Revenue £170 million>>

$723 million in year ending 2/4/23??

[togglebrush] 14/8/2023 12:18

About Amphenol

Sales in approximately 70 countries across six continents
Revenue US$12.1 billion

Approximately 50 companies acquired in the last 10 years
• Acquirer of choice
• Focused on high-quality management teams with complementary technology
• Successful acquisition program in a fragmented but consolidating market

'
Volex recent forecast Revenue 2024 US$ 817 million 2025 US$ 926 million ... apologies earlier wrong currency and values

[aishah] 13/8/2023 23:19

How does VLX fit into Amphenol?

[gargoyle2] 13/8/2023 22:38

Just a google search away - hxxps://investors.amphenol.com/home/default.aspx

[aishah] 13/8/2023 22:34

Anyone got a link to Amphenol website and investor relations?

[contact2fsnetcouk] 13/8/2023 22:05

Amphenol had better be quick if it is serious, the longer it delays the more expensive will be the price

[ijamlon] 13/8/2023 14:04

Only a matter of time until Amphenol buys Volex

[pcok] 11/8/2023 11:47

Just topped up. Hoping for a steady return to former glory. Looks like ducks are lining up.

[brucie5] 11/8/2023 11:16

Thanks. Momentum may be returning to some sectors, so would be interested to hear what else you like.

[johndoe23] 11/8/2023 11:07

It's my own modified screen on stockopedia. Some shares on there have done well past few months

[brucie5] 11/8/2023 10:40

John, are those your own algos, or do you use a subscription platform?