Volex Share Discussion Threads

[igoe104] 11/3/2024 15:44

VLX mentioned in this Fund manager interview.

[mfhmfh] 08/3/2024 15:12

good U.S. jobs growth figures this afternoon. IMHO.

[disc0dave46] 08/3/2024 13:56

280 seems to be fairly strong support.

[igoe104] 07/3/2024 15:53

Fingers crossed John.

Some Big sells in the last hour have been cleared..
Over 300k worth over three trades

[johndoe23] 07/3/2024 13:56

Overhang gone?

[pcok] 06/3/2024 14:42

insideryou

[disc0dave46] 06/3/2024 13:53

Are you for real?, jeez.

[ijamlon] 06/3/2024 13:08

This is going to be a twenty percenter come the April numbers.

[pcok] 06/3/2024 12:08

Drivel. Filtered.

[disc0dave46] 06/3/2024 11:26

Igoe
Pmsl

[igoe104] 06/3/2024 11:11

Why don't you get off your backside and get intouch with the company yourself, if your that interested. I'm not your employee...

[disc0dave46] 06/3/2024 10:38

IgoeWhy are you reluctant to post up their response?, you are simply repeating what they said at the interims in November. Which is clearly all they said in their response to you.As shaker has posted, they aren't going to give out anything sensitive or why the share price has been weak.

[shaker45] 06/3/2024 10:23

Hard to envisage companies giving out anything useful that isn't in the public domain.

[igoe104] 06/3/2024 09:53

In Laymen terms hopefully we aren't going to get anything nasty, any shortcomings are covered by a diversified portfolio of businesses...

Anyway folks shouldn't read in bulletin board gossip, they should contact the company if they have any concerns, I'm in contact with various companies im involved in..

[disc0dave46] 06/3/2024 09:02

You've posted elsewhere:"Been intouch with the VLX management. Alot of folks panicking over destocking issues that some companies have announced like XPP, have recently experienced, and now folks are panicking that it could happen to VLX. Instead of panicking all they have to do is get intouch with the company and will confirm in a carefully worded email they aren't any issues".Can you post up their actual response, thanks.

[disc0dave46] 06/3/2024 08:47

That's what I thought, they've repeated what they said at H1. So what did you mean when you said the issue isn't destocking?.

[igoe104] 06/3/2024 08:37

It wasn't worded like that.

The gist of it was, like they announced in their last statement they have the diversification of customsers to navigate through it..

Record EV sales in February, so more demand for EV equipment will be needed now, I suppose

[disc0dave46] 06/3/2024 08:31

IgoeSo they commented that the share price action has nothing to do with customer destocking and business performance!. Is that the gist of their response to you?.

[johndoe23] 05/3/2024 15:27

Expand on that please?...

[dougmachin] 05/3/2024 12:09

In short, top-up here as much as you dare!

And keep some cash spare in case it dips lower.

[dougmachin] 05/3/2024 12:08

ali - Downing was an investment trust that was making a big loss. So it decided to stop. It had a bunch of VLX shares in it, so they have to sell them.

People here are trying to guesstimate how many they have sold and how many are left to sell.

If they have sold all, then we can be due a nice bounce.

If they have more to sell, then that's annoying!

I think once they have finished selling, that 317p price will be back...

My view is that was a price Volex likes to gravitate to!

And then hopefully break higher, as Downing have stopped their (very annoying) selling.

[igoe104] 05/3/2024 08:57

Just been intouch with the company, it doesn't seem destocking is the issue here. Because of company diversification they can manage any shorterm impact.

Next update next Month...

[igoe104] 04/3/2024 19:48

Electric car sales grew 27% February 2024 compared to February 2023...