Volex Share Discussion Threads

[muzmanoz] 10/4/2024 15:48

Latest downing factsheet released today. Shows vi lol ex holding of 8.16% end of March as opposed to 8.35% end of Feb.

[dougmachin] 10/4/2024 09:38

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.

[rimau1] 10/4/2024 07:20

XPP still struggling with destocking and they are not calling the bottom yet in todays TU. Explains price action here IMO, as well as the fund seller of course. I continue to average down with a long term view.

[siggs44] 08/4/2024 15:31

Looking forward to the trading update in about 10 days time hopefully.

[red ninja] 08/4/2024 11:23

Vlx link with ev spoiling sentiment here it seems😳

[shaker45] 03/4/2024 02:49

Agree. Data centres will expand and proliferate as power hungry AI moves forward apace. Sweet spot for vlx

[pcok] 02/4/2024 21:52

Fall could be due to TESLA quarterly numbers drop. This is the advantage of many irons in the fire. Progress elsewhere may well exceed this shortfall

[ijamlon] 02/4/2024 17:27

After globally consuming an estimated 460 terawatt-hours (TWh) in 2022, data centres' total electricity consumption could reach more than 1 000 TWh in 2026, according to the IEA, citing that the demand is roughly equivalent to the electricity consumption of Japan.

[dope007] 27/3/2024 11:23

Made a first purchase in my ISA today. Watched these for a while and happy to make a first investment at this level. They look to be in a very good mkt which can only grow substantially. there is lots of competition but these guys seem to have top quality product that sells across multiple high growth potential sectors.

[ihatemms] 26/3/2024 17:26

And by sheer luck/coincidence -here’s the article to prove it:-)

Data centre power use 'to surge six-fold in 10 years'

[ihatemms] 26/3/2024 13:33

Good read across for the EV market from Luceco results today. And we know data centres are going extremely well with AI accelerating demand.

[ijamlon] 25/3/2024 12:07

Almost every year, the share price sags through the quiet period and then gets a rocket from solid numbers at the April results. We've twice experienced a trough to peak gain of approx 40% around the April numbers. This year looks like it could be the same set-up. EV is experiencing some global weakness for sure, but data centres and historic acquisitions have the potential to deliver good news. We shall see.

[igoe104] 25/3/2024 11:20

CFO interview.

[dope007] 22/3/2024 15:20

The US coming out with aggressive EV targets should be good long term for these guys. Short term weakness could be a decent buying opportunity

[johndoe23] 21/3/2024 13:15

Glad to see recovering from the lows of previous weeks

[aishah] 12/3/2024 15:07

EXCLUSIVE 'We don't want your electric cars': Why half of used motor dealers are reluctant to buy second-hand EVs

[simmsc] 12/3/2024 11:07

Year End accounting rules are pretty tight these days (not a lot of flexibility of what can be recognised and what not). We just had our audit a few weeks ago. This is completely not a concern.

[pcok] 12/3/2024 10:49

The great thing about VLX that Nat has spent years building is the diversification. This should help buffer any temporary shortfall in performance of a particular division. It is a solid business model and together with the local supply chains minimising international issues the company is now far more resilient. It also has the new acquisition to contribute into these results.I remain a buyer.

[rimau1] 12/3/2024 08:20

Correct but too simplistic. VLX year end is 31 March so a few weeks to go. You can manage your shape at year end by recognising costs (or not) and booking revenues (or not) so management sit down and decide how they want the yearend shape to look versus 2024 initial outlook. IR will get involved, LTIPs will be looked at etc. its certainly priced for a warning or a cautious outlook statement. A few on here have flagged peers results and also volex talked about destocking so the stock price makes sense until we get clarity IMO. I will certainly double down on any short term headwinds that cause a price correction.

[johndoe23] 12/3/2024 08:06

If there was a profit warning Volex would have to announce to the market as soon as they knew, no?

[foreverbull] 12/3/2024 07:59

Interesting comment by Vox moderator that the market is factoring a profit warning but Volex has been tight lipped about it......Thoughts?

[redartbmud] 12/3/2024 07:46

Ta.

red

[foreverbull] 12/3/2024 07:40

26:05 Volex

[redartbmud] 11/3/2024 19:55

1 hr 08min 33sec long.
Not sure I will live that long to hear it.

Thanks.

red