Volex Share Discussion Threads

[johndoe23] 20/5/2024 15:07

Something happened at 1430

[aishah] 16/5/2024 18:57

Surely demand is increasing hence rise in copper. Should be beneficial here.

[valhamos] 16/5/2024 18:39

Agreed. I understood Volex had either automatic pass-through or quarterly re-set on copper prices, so they do not have any exposure albeit there is a slight time lag issue on quarterly resets.

[ymaheru] 16/5/2024 18:28

It probably won’t be far off all contracts.

I’m involved in a business where, unless markup is amazing (rare), we contract volatile-prices metals.

However, demand could fall. Even that is unlikely to be too much, as customers will still need medical equipment and EV’s etc.

Volex have been increasing margins even as prices have been rising.

So, its a concern, but Volex seem on top of it.

[ijamlon] 16/5/2024 17:25

Not sure about this surge in the copper price. I know Volex have a lot of contracts with automatic pass through of costs, but it won't be all contracts. And at some point it will start to affect end demand.

[ijamlon] 15/5/2024 08:05

Next target 387

[johndoe23] 14/5/2024 14:11

Nice recovery though!!

[johndoe23] 14/5/2024 10:36

Yes 30% rise but that brings profit takers

[ijamlon] 13/5/2024 08:36

I recommend following the news on Amphenol, who have been mentioned as a potential buyer of Volex in the past. The share price has been on a huge run and a lot of the growth has come from their ongoing acquisition strategy in the sector. They trade on almost 40 times forward earnings, not the paltry 13 times of Volex, which is always helpful for deal making. Could be an interesting summer. DYOR as ever!

[ijamlon] 11/5/2024 08:23

What a brilliant three weeks for Volex, 30% rise since 16th April. Well done to the patient long-termers.

[allstar4eva] 10/5/2024 10:08

Itching to breakout here. 2.5 yr highs..

[primarch1] 09/5/2024 18:39

Agree if we can push through 340 then a run up to 400.positive outlook from the last statement should hopefully encourage more buyers and hopefully the doom and gloom around uk stocks is starting to ease off.

[ijamlon] 09/5/2024 18:00

From the chart perspective we're right at the point where we're going to find out if we're at the top of the see-saw pattern in place since 2022, or at the start of a big uptrend more like 2020-2021

[ijamlon] 09/5/2024 13:08

The push worked!

[dougmachin] 09/5/2024 10:23

I thought you were just asking for us all to "push".

I was with you, pushing hard! LOL.

[johndoe23] 09/5/2024 10:15

Not on the app I don't think

[shaker45] 09/5/2024 10:06

There is an edit function so you can self correct

and this is my 2nd comment later on to demonstrate the edit function!

[johndoe23] 09/5/2024 09:53

Could do with more volume to make a lush through 340p

[aishah] 07/5/2024 21:21

Very close to 52wk high. Once that breaks it'll run hard imo.

[primarch1] 07/5/2024 15:47

Needs to break through 340,liked the last update very upbeat let's hope it will push it through that resistance.

[ijamlon] 05/5/2024 16:01

I think we all agree EV is not the be-all-and-end-all for Volex's growth. But all the same, the EV infrastructure picture is quite healthy in the UK. It will probably get even healthier under a Labour govt... https://www.theguardian.com/environment/article/2024/may/05/uk-installs-record-number-of-public-electric-vehicle-chargers

[pcok] 02/5/2024 19:27

Excellent link thank you.

[disc0dave46] 02/5/2024 11:20

Thanks for that.