Volex Share Discussion Threads

[insideryou] 29/2/2024 09:08

satan called back is favourite.

[dan_the_epic] 29/2/2024 08:13

Bought some, good entry level!

[shaker45] 28/2/2024 10:44

I doubt that will impact the running of vlx. Life goes on

[disc0dave46] 28/2/2024 10:31

Is it likely that NR will have extended compassionate leave?. Lots of family finances etc to sort out which obviously will distract in the short term.

[ali47fish] 28/2/2024 09:42

going back to being volatile is spite of recent updates being optimistic about prospects- not keen to add now

[johndoe23] 27/2/2024 14:20

There are lots of funds liquidating at the moment. A pain but should see as an opportunity

[pcok] 27/2/2024 10:03

Hoving into top up territory

[aishah] 26/2/2024 16:14

Weakness here could simply be DSM liquidating as they are winding up thus creating an overhang imo.

[disc0dave46] 26/2/2024 14:23

Was just reading the sad news, sincere condolences.

[johndoe23] 26/2/2024 10:31

Hopefully support at 280p here

[igoe104] 26/2/2024 08:33

This should boost EV sales, and create alot more demand for EV cables.

[insideryou] 23/2/2024 16:08

nope. Out.

[thebears1] 22/2/2024 20:23

So again you're here, moaning about the CEO and his family connections but still holding the stock?I assume you're still holding the stock?

[insideryou] 22/2/2024 19:59

The dark prince and planets overlord, Nat the hat Rothschild's shorting the stock.

[mfhmfh] 21/2/2024 22:14

Hopefully a positive read across from Nvidia's results with regards to data centres.

[wrighna1] 21/2/2024 21:53

Are downing still liquidating their position given the wind down of the DSM fund? Maybe a factor

[igoe104] 21/2/2024 16:31

VLX did mention a short-term issue in destocking in EV their half year results. So hopefully thats blown over now anyway.

Taken from half year results....

Electric Vehicles - strong comparative period benefitted from customer inventory build, whereas increased confidence in lead times resulted in some short-term customer destocking during the period

Unfortunately we are in a nervious market, the site of others selling, will panic others..

But with their being a big boom in data centers now and for the next several years, VLX cables will be in big demand..

[cowie19] 21/2/2024 16:06

At the end of the day a better level to get some more shares. This company is solid.

[disc0dave46] 21/2/2024 15:47

XPP 16th Feb Trading Update:"The Board has concluded that there is likely to be a shortfall in revenue in 2024, leaving the outlook for 2024 significantly below market expectations. This is based on recent order intake, revenue performance and discussions with customers, particularly within the Healthcare and Industrial Technology sectors, which confirm unusual, temporarily soft demand conditions and destocking. These softer trends have also emerged within our direct industry peers."

[disc0dave46] 21/2/2024 15:40

Was it XPP too the other week that mentioned destocking in their profit warning.

[disc0dave46] 21/2/2024 15:39

GHH today, from memory SDI. Can't remember every single one but does seem to be a theme of late. Just flagging it.

[dr biotech] 21/2/2024 15:34

I doubt its anything. Problem here is that are in the middle of a quiet news period - last set of results were in Nov and there is no news until April. I seem to recall this was the same last year when people just speculate on what could potentially go wrong.

Remember EVs only make 20% or so of revenues, and last year they were down a little on the previous year. VLX tend to update the market in April/June/July(AGM)/Oct/Nov so unless there is an unscheduled update this is the longest quiet period.