Volex Share Discussion Threads

[allstar4eva] 20/8/2024 13:37

High volume day recently. What was that about?

[ijamlon] 19/8/2024 13:32

Technical picture looking very attractive here

[pcok] 15/8/2024 16:25

21/2 year high closing price. Vroom vroom.

[pcok] 08/8/2024 12:50

I presume as they have deals to buffer price rises impact on VLX there would be a corresponding deal for price drops so probably no net benefit to our share price

[igoe104] 07/8/2024 19:34

Copper price fallen nearly 15% over the last month. Alot cheaper to assemble cables now..

[dr biotech] 01/8/2024 13:07

Started listening to the IM and its seems its just for the AGM - I guess thats not a bad way to do it. But nothing insightful.

[aishah] 01/8/2024 07:00

Organic growth +9%
EVs and data centres strong.

Looks cheap. Should be rated around 18x imo

[igoe104] 01/8/2024 06:24

Excellent update, company definitely heading in the right direction..

[dr biotech] 31/7/2024 15:21

There is an investor meet tmrw as well so I’m expecting some sort of update or forward looking statement

[johndoe23] 31/7/2024 10:16

AGM update tomorrow?

[glaws2] 26/7/2024 08:39

Doh ! Of course you are right zho,

[zho] 26/7/2024 08:26

Yesterday, I think.

[glaws2] 26/7/2024 08:06

Ex div today (2.8p)

[mip55] 26/7/2024 07:17

Pullback likely a mirror of the selloff in global technology stocks having doubts about the AI industry and how extensive and quickly their required data centers will develop . Hopefully just a short term thing as we all know they're coming!

[allstar4eva] 22/7/2024 07:54

Previous resistance becomes support. Backtest complete hopefully prior to further rises from here fingers crossed.

[ijamlon] 18/7/2024 15:34

New 2+ year high

[allstar4eva] 18/7/2024 12:24

Dare I say breakout on the way? Perhaps if I say it quietly

[aishah] 17/7/2024 14:15

Sales of used electric cars soar in UK as prices tumble

Prices of many secondhand electric vehicles now similar to those for petrol equivalents, says Auto Trader

The UK’s market for used electric vehicles is booming after a collapse in prices has left them as affordable as traditional petrol cars.

[acefromspace] 16/7/2024 19:14

Lovely flag forming

[johndoe23] 16/7/2024 11:30

Looks like your thesis is playing out

[aishah] 16/7/2024 11:17

The Labour manifesto addresses data centers stating: “We will ensure our industrial strategy supports the development of the artificial intelligence (AI) sector, removes planning barriers to new data centers.”

Data centre and AI big driver now for Volex:

Data Centre customers are reported within Complex Industrial Technology and represented 41.7% (FY2023: 21.2%) of revenue in this sector. The revenue in this sub-sector increased by 131% year-on-year, partly due to prior year shortages of up-to-date network equipment essential to support the adoption of 400 Gigabit-per-second architecture in data centres. As these shortages abated towards the end of FY2023 and throughout FY2024, demand levels accelerated as customers addressed their backlogs. In addition, the expansion of data-intensive artificial intelligence applications increased demand from Data Centre customers.

[ijamlon] 13/7/2024 15:32

Took 13 trading days but we're now back to the VLX closing price before the results announcement. If history is a guide (and in the absence of other market events) we'll get new highs over next week or two.

[pcok] 02/7/2024 21:11

Tesla sales up last quarter.

[zho] 01/7/2024 10:15

The results get the Paul Scott seal of approval:

from 41:30

[igoe104] 28/6/2024 15:26

For those who missed it
Volex investors meet presentation.