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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Volex Plc | LSE:VLX | London | Ordinary Share | GB0009390070 | ORD 25P |
Bid Price | Offer Price | High Price | Low Price | Open Price | |
---|---|---|---|---|---|
286.50 | 288.00 | 288.50 | 285.50 | 286.50 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Electronic Components, Nec | USD 912.8M | USD 39.3M | USD 0.2130 | 13.50 | 529.6M |
Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
---|---|---|---|---|
16:26:08 | AT | 847 | 287.50 | GBX |
Date | Time | Source | Headline |
---|---|---|---|
27/1/2025 | 09:32 | ALNC | Volex hails demand from electric vehicles customers as revenue grows |
27/1/2025 | 07:00 | UK RNS | Volex PLC Change of Adviser |
27/1/2025 | 07:00 | UK RNS | Volex PLC Trading Update |
16/1/2025 | 13:15 | UK RNS | Volex PLC Director/PDMR Shareholding |
16/1/2025 | 13:15 | UK RNS | Volex PLC Director/PDMR Shareholding |
03/1/2025 | 08:26 | ALNC | Volex to pay deferred consideration for target-beating Turkish asset |
03/1/2025 | 07:00 | UK RNS | Volex PLC Deferred Consideration for Acquisition |
19/12/2024 | 07:00 | UK RNS | Kabouter Management, LLC Form 8.3 - Volex PLC |
18/12/2024 | 14:00 | UK RNS | Volex PLC Director/PDMR Shareholding |
18/12/2024 | 07:00 | UK RNS | Kabouter Management, LLC Form 8.3 - Volex PLC |
Volex (VLX) Share Charts1 Year Volex Chart |
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1 Month Volex Chart |
Intraday Volex Chart |
Date | Time | Title | Posts |
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29/1/2025 | 13:47 | Volex 2013 : Plug in for recovery ? | 7,464 |
27/7/2022 | 23:22 | VOLEX - really a rolex for the 2020s. | 416 |
16/2/2022 | 14:52 | Update on Volex | 15 |
17/6/2021 | 15:22 | It's flying! | 3 |
18/7/2014 | 08:59 | VOLEX - double your money and take it away | 1,297 |
Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
---|---|---|---|---|
16:26:08 | 287.50 | 847 | 2,435.13 | AT |
16:26:08 | 287.50 | 238 | 684.25 | AT |
16:26:08 | 287.50 | 211 | 606.63 | AT |
16:26:08 | 287.50 | 226 | 649.75 | AT |
16:26:08 | 287.50 | 63 | 181.13 | AT |
Top Posts |
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Posted at 29/1/2025 08:20 by Volex Daily Update Volex Plc is listed in the Electronic Components, Nec sector of the London Stock Exchange with ticker VLX. The last closing price for Volex was 287p.Volex currently has 184,529,938 shares in issue. The market capitalisation of Volex is £530,523,572. Volex has a price to earnings ratio (PE ratio) of 13.50. This morning VLX shares opened at 286.50p |
Posted at 27/1/2025 07:39 by igoe104 Great to see VLX introduce a Q3 trading update. I wish more companies did quarterly updates, probably response to acouple of companies shorting, thinking the share price will drift in-between news. Love to see these companies that short come unstuck with a unexpected update... |
Posted at 07/1/2025 14:34 by sphere25 Two pennies off break even with the price at 285p. The way the majority of prices are moving makes you wonder why you even give leeway to shares at times nowadays. Easier to just use a stop loss with everything now.It is thinking about bouncing but it is very push and pull. On one side: - Relief over no excessive premium paid for TTG - Trading confirmed to be in line with expectations twice recently - Oversold technically and fundamentally in the eyes of many - Juicer from the data centre and EV news On the other side: - Continued normal sellers with terrible fund flows and poor sentiment - Deteriorating macro concerns causing selling - At least one shorter in the market drip feeding from around the 283p mark halting any move higher, so the market has two buy through two layers of sellers to even have a trading bounce. - Tariff concerns with Mexico to US causing some jitters and maybe part of the short selling thesis? It could just be some long/short strategy from the fund too if they're not going to build a substantial position from here. - Some concerns over Tesla? I don't know if that is the full picture. That is what I am trying to trade a bounce off. Clearly the VLX experts can add alot more. Right now with shares like VLX, it feels like you have to wait for a puncturing of an already punctured multiple, and then you have a chance at picking a bounce. You go from over 350p down to that 320p-340p range. Some are thinking, this could be an opportunity. Then it gets hammered again down to 300p and tries to bounce back so some are thinking that could be an opportunity and it fails at 300p. And then... It plunges again down to this new range. Some will argue this is a fair multiple now in light of the above. I don't know. It looks a trading share now but there will be arguments on each side. Choppy movement with a downward bias right now. Can it stick its head through this level, buy through the shorts and ping through 290p? Take a deep breath. Need a pick up in buying from the big players. All imo DYOR |
Posted at 20/12/2024 09:07 by ymaheru I think the ‘results v TTG bid’ discussion isn’t the whole story in explaining the share price.Shaker’s concerns above also come into it. Manufacturing shares have been hit. Judges is down 16% in the same time VLX is off 19%. So, I think the general economic malaise may be biggest factor, then perhaps that results were nothing special. Although TTG dragged VLX down at the time, I’m thinking that’s no longer a significant factor. |
Posted at 13/12/2024 13:52 by dr biotech I was hoping for a swift return to c340, but that looks unlikely now. I guess we all thought that the reason the share price dropped so much was the bid, but of course on the same day they announced their results which appeared to be inline.TTG have also held up remarkably well. I guess VLX have come out of this having spent time and money on not making a bid, whilts TTG have shown that whilst their trading is a bit of a mess the company itself is in play as a takeover target. I'll continue to hold though. |
Posted at 12/12/2024 12:51 by rachael777 Is there some element of arbitrage unwinding here since the announcement at 11am as ttg and vlx are moving in opposite directions post the initial reaction to the news which suggests vlx price a bit cheaper than it should be so opportunity to add a few |
Posted at 20/11/2024 15:22 by dr biotech No, the c20% drop here isn't giving off vibes of approval. TT may have been a recent basket case with hopeless management. But slagging off the potential target doesn't spell out a compelling case why it would be good for VLX. All we know about them (via VLX) is that they have wasted a lot of money on value destructive acquisitions.Brokers can quote various targets and say it undervalued, but then the share price told a different story. Sort of surprising that the TT CEO has never bought a share - how much belief does he have? And if I was a TT shareholder I'd like to know more about the cash offer, in particular why is wasn't put to the shareholders. |
Posted at 20/11/2024 05:50 by foreverbull Volex rallying support for TT takeoverRothschild delivers a demolition job on his rival, but is it enough?Tuesday November 19 2024, 12.01am,On Friday, Volex's executive chairman disclosed that, after two takeover approaches late last month, he'd had enough of being rebuffed by TT's board. So, he was going over their heads to investors, with what was then a 139.6p-a-share indicative bid at a 76.7 per cent premium: 62.9p in cash and 0.223 in new Volex shares for each of TT's.It was, in M&A speak, a classic bear hug. So who, you ask, had come up with it? Nat Rothschild, or Lord Rothschild as he's now known, the Volex boss with a 25 per cent stake. And, yes, there is an obvious riposte: isn't he the bloke who gave us the Bumi mining fiasco, not to mention Genel Energy? Indeed, he is. But investors have had a far happier experience at Volex. And not least because, in contrast to Bumi, neither he or they are being duped by Indonesia's Bakrie family.After that farrago, a man as rich as Rothschild could have kept clear of the public markets. Instead, in 2015, he became executive chairman of Aim-listed Volex, turning a £30 million tiddler into what, ahead of his TT tilt, was a group valued at £630 million: one employing 13,500 staff in 25 nations and nicely cabled up for a decarbonising/AI world.Over that time, TT has been going in the opposite direction: a point Rothschild didn't miss. Ditto three Volex executive directors, who once worked for TT. In a nine-year tenure, TT's ex-boss, Richard Tyson - now chief of Oxford Instruments - earned £10 million-plus pay but left the shares below where he joined. His successor, Peter France, in charge since October last year, unveiled a plan in April to "unlock value". Instead, after problems in the US, he halved the share price to 75p - at least before Volex arrived.Still, has Rothschild dangled enough? TT's board, chaired by Warren Tucker, said Volex's tilt "fundamentally" undervalued the group. But it also said it had "recently received and rejected an all-cash indicative proposal from another party at a significantly higher value". Yet, the question it won't answer is what it means by "recently". Was that before or after September's profits warning? The shares had ticked higher for a few days in August. Was it then?Richard Bernstein, of the activist Crystal Amber fund, is no longer a TT shareholder. But as he quipped: "More front than Selfridges springs to mind when reading TT . . . responding to bid proposals from Volex." He also said that, in contrast to Rothschild's "skin in the game", France "hasn't yet bought a share", even if he had nil-cost options that, purely thanks to bid interest, were now "worth £1.4 million".Still, with the merger arbs aboard and Volex shares down more than 10 per cent to 302p, its TT bid now works out at 130.2p a share. Investec called it "highly opportunistic", given likely synergies. Stifel reckons Volex, which has bought a 2.95 per cent stake in TT, will need to get to "160p-plus". And, at 104p, down 6 per cent, TT shares are hardly signalling a deal. Rothschild must persuade three big TT investors - Fidelity, BlackRock and Aberforth - together with about 30 per cent. But, as Stifel noted, much of his "critique of TT's record rings true". He just has to add some sweeteners to his opening barbs. |
Posted at 19/11/2024 02:30 by shaker45 Yes I think he would, if a hostile bid gets too costly. He doesn't need vlx share price punished more, when debt ratio getting higher.His team may have other targets in their sights |
Posted at 15/11/2024 13:43 by sphere25 Look at that pop higher on the official rejection from TTG. This move down looks more like worries of overdoing it on the takeover front, rather than the results. TTG is in trouble with rapid forecast cuts and debt higher than expected.Yes, TTG is cheap on historic multiples, but buying into that mess with the existing debt and then adding on another £240m worth of debt has got the market worried. The Bulls will say it will work out in the long term, but in the near term the market says it doesn't like it and it could cause all kinds of problems. Naturally time will tell, but VLX would not fall this much if there was no offer for TTG. It looks abit odd, because VLX has just had a little relief rally that TTG has rejected the offer, but then the algos have bid TTG higher on the fact that the VLX price has gone higher. And then currently the VLX price hasn't fallen back down on the fact that TTG price remains strong i.e. worries that VLX will have to push the takeover offer higher to get TTG. So a little bit messy right now, but in the short term, VLX recovers if they don't come back with higher offers and TTG plunges (barring someone else having a sniff) back down. Or VLX could continue back down if the market continues its worries over all that additional debt and how much more debt has to be taken on to convince TTG to come on board. So a few thoughts there on the short term dynamics. Hell, it could all work out beautifully years from now. No idea. Just a short termer here with quick ins and outs. Recently traded the Budget bounce, no trading today because its abit nutty right now but usually watching in here. All imo DYOR |
Posted at 10/4/2024 08:38 by dougmachin XPP's up 7% today.I think it's worth comparing VLX's chart against TSLA's chart. VLX seems to be following that far too closely over the past 2-3 years. It seems VLX's share price needs to get its own life and break away from pegging TSLA's. Anybody got any idea when Downing are done? Uncertainty is the last thing any share price needs. We need a good TU pronto to get the share price back on track. Frustrating we are down here, after the share price tried so many times to break out above 320p. |
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