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Share Name Share Symbol Market Type Share ISIN Share Description
Volex Plc LSE:VLX London Ordinary Share GB0009390070 ORD 25P
  Price Change % Change Share Price Shares Traded Last Trade
  2.00 0.81% 250.00 533,175 16:26:34
Bid Price Offer Price High Price Low Price Open Price
248.50 250.00 253.50 247.00 250.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 468.98 27.62 14.73 15.6 381
Last Trade Time Trade Type Trade Size Trade Price Currency
17:57:57 O 59 250.00 GBX

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Date Time Title Posts
07/2/202311:24Volex 2013 : Plug in for recovery ?6,279
27/7/202223:22VOLEX - really a rolex for the 2020s.416
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17/6/202115:22It's flying!3
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Volex (VLX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-02-08 17:58:09250.0059147.50O
2023-02-08 17:58:08250.0012.50O
2023-02-08 17:52:33250.2579197.70O
2023-02-08 17:52:33248.752049.75O
2023-02-08 17:44:47249.977091,772.27O
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Volex (VLX) Top Chat Posts

Top Posts
Posted at 08/2/2023 08:20 by Volex Daily Update
Volex Plc is listed in the Electronic & Electrical Equipment sector of the London Stock Exchange with ticker VLX. The last closing price for Volex was 248p.
Volex Plc has a 4 week average price of 246p and a 12 week average price of 234p.
The 1 year high share price is 325p while the 1 year low share price is currently 209p.
There are currently 152,250,802 shares in issue and the average daily traded volume is 717,886 shares. The market capitalisation of Volex Plc is £380,627,005.
Posted at 20/1/2023 07:31 by ijamlon
Shares look good value on a CY23E P/E of 11xBased on our forecasts (which are unchanged) Volex trades on a calendarised P/E of 11x for 2023E with EV/EBITDA at 7x. This offers a significant discount to the sector average P/E of 19x and EV/EBITDA of 11x. We believe this largely reflects investor concerns regarding the group's material exposure to cyclical Consumer Electronics markets. In our view, this looks increasingly unjustified given recent outperformance is driven by a combination of price and volume within resilient categories as new customer projects come into mass production. Meanwhile, the group's diverse exposure across structural growth markets such as EV, Medical, and Industrial Technology (including high-speed) remains attractive in our view. The dividend yield is 1.7% and FCF yield is 7.2%. We reiterate our BUY rating and 380p target price which on CY23E estimates currently price in a 10% discount to sector average.
Posted at 09/1/2023 18:24 by simmsc
Shorters are getting (or trying to get hold of) the share price movements here. Short interest reported today has moved from 1% to 1.5%. Dangerous game on a stock with a good track record and near textbook financials. Ok, there is a slight amount of debt increase (but easily serviced) and VLX has had some dilution, but revenue has increased by more than shareholders have been diluted, eps has held up well and forecasts for eps are positive too (and op margins should stay strong with inflation tailing off).
Posted at 14/12/2022 12:26 by mrnumpty
Drbiotech . I am currently not invested in Volex , but watching . As a subscriber to the Telegraph , it seems to me that , as you suggest , there has been a slowdown in demand for electric cars . Apart from the increase in the cost of electricity , another impact has been the recent drop in the wholesale price of oil , as reflected at the petrol stations . On the one hand , Russia and Saudi Arabia agreed about three months ago to withdraw two million barrels of crude oil per day ( the world needs 100 million barrels of oil per day ) , and it was this which caused the price of crude oil to rise to nearly $ 100 per barrel . However , protracted lockdowns in many cities in China have nonetheless reduced world demand for oil , thereby recently causing oil to drop below $ 80 per barrel , although it is currently rising a little . There are two factors which make me suspect that the price of oil will recover : China is moving away from mass lockdowns , which seems to be a fact ( although Beijing is able to crush dissent , it still won't want mass protests turning into something more serious ) ; much more speculatively , I am not alone in suspecting that Russia , perhaps together with other major exporters , could weaponise oil by further reductions in output - older readers will remember the devastating economic impact of the leap in the price of crude oil as a result of the Yom Kippur War of 1973 . A fairly small reduction of crude oil output has a disproportionally large increase in the cost of crude oil . In the Business section of the Telegraph of 25 th November , Ambrose Evans-Pritchard ( a long-standing columnist in the Business section ) wrote that " JP Morgan says Russia could give us a nasty surprise by cutting oil output by 3 million barrels per day [ i.e. in addition to the above-mentioned 2 million barrels per day reduction ] ( 3% of world supply ) , which is physically possible without damaging its own drilling infrastructure . This would drive prices to an all-time high of $ 190 a barrel . If Putin goes for the jugular with a 5 million cut , prices could reach $ 380 a barrel . Anyway , Volex isn't only about power cords to electric vehicles .
Posted at 08/11/2022 09:25 by ijamlon
Looking forward to the results tomorrow. What a difference a year makes. The investor excitement and expectations of late 2021 are long gone along with the share price momentum: VLX is down 45% over the last 12 months without ever having issued a profit or outlook disappointment and while delivering about 50% revenue growth. Such is the pendulum of market sentiment, especially when the macro picture is choppy. With pretty much all the short-term trading bulls flushed out, this is a much more solid foundation for them to be able trade up long-term on the fundamentals.
Posted at 28/7/2022 13:31 by mrnumpty
Don’t shoot me down for comparing apples and pears ( ie two quite different phenomena ) , but it is striking that the share price graphs for Volex and the Scottish Mortgage Investmemt Trust are virtually identical . Of course Scottish Mortgage is invested in mega-companies with very high P/E ratios which ( unfortunately ! ) isn’t the case for Volex , but Volex is perceived as a growth company with a global footprint and great prospects for growth . The Scottish Mortgage IT share price has gone up from £ 6.70 to £ 8.40 in the six weeks since the 16th June . The US Nasdaq jumped up 4.06% yesterday because , although the US Federal Reserve again bumped up US interest rates by 0.75% , there were hints that this médecine is proving effective and that further rate rises might be a little less severe . I own Volex but not Scottish Mortgage .
Posted at 21/7/2022 06:05 by mrnumpty
DiscOdave . On 1st July at 11.41 am you stated here “ Nice bowl forming “ , so all credit to you . I bought back in yesterday , having hesitated , partly because there was a very positive update in the edition of Small Company Share Watch which reached subscribers nearly a fortnight ago , so I suspected that the rally was merely a temporary result of this , but such share price rallies after positive write ups usually reverse after a week or so , but this share price recovery seems to be sustained .
Posted at 23/6/2022 13:55 by ijamlon
Market just not that interested in micro stories right now. The directional correlation of the VLX share price to the broad index has been particularly strong recently. Fine by me, happy to have added at 229.
Posted at 04/5/2022 21:05 by saltraider
Pure empty ramper nonsense @GP. I am sitting on copious paper losses at the moment and really do want the VLX share price to push on up. But your post is deeply vacant and offers nothing of value.

Please wander off.

Posted at 12/2/2022 16:04 by nobilis
Tole12 Feb '22 - 13:17 - 5311 of 5313
0 3 0
https://www.fool.co.uk/2022/02/12/2-beaten-down-uk-stocks-with-huge-upside-according-to-city-analysts/


City analysts see massive share price upside here

Let’s start with Volex (LSE: VLX). This is an under-the-radar manufacturing company that specialises in power cords and cables. Last year, this stock was trading near 500p. However today, it can be snapped up for under 280p.

There are a number of things I like about Volex from an investment point of view. For starters, it operates in a number of high-growth markets including the electric vehicle (EV) and data centre industries. As a result, the company is growing at a prolific rate right now. For the 26 weeks to 3 October 2021, for example, revenue was up 45% year-on-year to $292.7m.

Secondly, management has ‘skin in the game’. At present, executive chairman Nat Rothschild owns around 39m Volex shares (worth over £100m). This means it’s very much in his interests to boost the share price.

Additionally, the valuation is very low. After the recent share price fall, the forward-looking price-to-earnings (P/E) ratio is less than 15.

Of course, there’s a few risks to consider here. One is supply chain disruptions. Another is higher costs.

All things considered, however, I’m very bullish here. It’s interesting to see that analysts at Canaccord Genuity Group have a price target of 510p for VLX. That’s more than 80% above the current share price.





cheers tole.

Posted at 12/2/2022 13:17 by tole
https://www.fool.co.uk/2022/02/12/2-beaten-down-uk-stocks-with-huge-upside-according-to-city-analysts/City analysts see massive share price upside hereLet's start with Volex (LSE: VLX). This is an under-the-radar manufacturing company that specialises in power cords and cables. Last year, this stock was trading near 500p. However today, it can be snapped up for under 280p.There are a number of things I like about Volex from an investment point of view. For starters, it operates in a number of high-growth markets including the electric vehicle (EV) and data centre industries. As a result, the company is growing at a prolific rate right now. For the 26 weeks to 3 October 2021, for example, revenue was up 45% year-on-year to $292.7m.Secondly, management has 'skin in the game'. At present, executive chairman Nat Rothschild owns around 39m Volex shares (worth over £100m). This means it's very much in his interests to boost the share price.Additionally, the valuation is very low. After the recent share price fall, the forward-looking price-to-earnings (P/E) ratio is less than 15. Of course, there's a few risks to consider here. One is supply chain disruptions. Another is higher costs. All things considered, however, I'm very bullish here. It's interesting to see that analysts at Canaccord Genuity Group have a price target of 510p for VLX. That's more than 80% above the current share price.
Volex share price data is direct from the London Stock Exchange
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