Volex Share Discussion Threads

[shaker44] 07/10/2021 07:53

Trying to buy but even reducing down to 1000 shares, only negotiated order?? Is that normal? Illiquid?

[stockmaster5] 07/10/2021 00:00

I agree - here for the long ride500 on the horizon...even if distant

[ihatemms] 06/10/2021 20:24

Red Ninja - you are absolutely spot on in your thoughts and your reasons. The market is correcting. I started taking partial profits 2 weeks ago trimming most holdings. We’re in a bear market and the correction is no where near finished yet. I will use the cash to buy greater amounts of stock - towards the bottom - but that’s not yet. Meanwhile i still hold long term positions but just smaller amounts. It’s a win win scenario.

[wanttowin] 06/10/2021 14:33

Interesting points of view guys and I agree with both.
I'm here for the long term and holding these is a no-brainer for me.
GLA

[its the oxman] 06/10/2021 14:13

Stocks always bounce off big round numbers, don't they?

[red ninja] 06/10/2021 13:33

As I say I am long VLX so I hope it will go much higher from here and am willing to hold through short term pain.

However, if US markets correct then we may be a physical island, but we are not a financial one.

[ali47fish] 06/10/2021 12:36

and who told you 400 is the bottom - there seems no end to the falls

[sweetunicorn] 06/10/2021 12:21

Many "coulds" in your remarks ;-)

I concentrate on what I know. Volex will continue to buy companies and grow the existing business through investments from broadly diversified cash flows, thereby further increasing the value.

Currently, many non-events that have been known for weeks and months are being discussed but will only have a limited impact on the long-term development. The overriding trends of electrifying mechanisation and automation remain intact.

Volex, as a strong globally diversified niche specialist with a high proportion of OEM customers, will find ways to pass on and manage the price increases.

It is always the same that emotions drive short-term prices while fundamentals create the long-term returns.

[red ninja] 06/10/2021 12:13

I take your point, but then again one person cannot stand in the way of the markets.

I am long VLX, but I am holding a chunk of cash as well.

In the short term I think is possible their could be further weakness as perhaps :-

-US markets have become overvalued and US govt. financial stimulus is probably wisely being trimmed.
-Chinese property companies like Evergrande seem to be going bust with perhaps worldwide ramifications.
-Inflation seems to be rising

Thus we might be going through a global correction of markets. I guess that will become clear in a few weeks/month. Thus their may be more pain to come in the short term.

[sweetunicorn] 06/10/2021 11:17

Complete capitulations driven by emotions. Investors forget why they invested in VLX and throw their shares into the market even though nothing has changed for the price at 495p. On the contrary, VLX has made strong progress in the last months of the current FY and the Irvine takeover is now being completely ignored by the market. The copper price continues to fall which will support margins. H1 results in November. Good chances for another M&A RNS in the current FY. Only a matter of months until the next ATH.

Buy when blood flows on the stock markets and prices are made by emotions and rational decisions are missing.

No investment recommendation.

[wanttowin] 06/10/2021 11:07

Wish you had posted that earlier nw99 ..

[its the oxman] 06/10/2021 10:48

Sub 400p, my alarm has just gone off. Buy buy buy.

[nw99] 06/10/2021 10:27

Another 5% fall on usa index's to come don't buy anything yet

[red ninja] 06/10/2021 09:58

Mmm, my impression is that the US market futures are -ve so we may see more falls today or tomorrow.

[jd 1965] 06/10/2021 07:22

Can someone update the header??

[wanttowin] 06/10/2021 07:21

I've added another 500, this is now my largest holding..

[nw99] 06/10/2021 06:55

Expecting an update from the Co soon

[mrnumpty] 06/10/2021 06:29

The following article , titled “ Surge in demand for electric cars bucks trend “ , is on page 5 of the Business section of today’s Daily Telegraph . Louis Ashworth reports that “ Car sales plunged to the weakest level in more than two decades last month , despite a surge in demand for electric vehicles which lifted Tesla’s Model 3 to the top of the bestseller charts . Just 215,313 cars rolled off forecourts over the month , the lowest since September 1998 . The car industry has been hit by shortages of key products such as semi-conductors used in electrical systems . The number of sales was more than a third lower than the same month a year ago , even after COVID restrictions were lifted , and 45% lower than the pre-pandemic average , said the Society of Motor Manufacturers and Traders . Sales are 5.9% lower for the year to date . However , electric cars proved a bright spot , with 32,721 battery electric vehicles joining the road in a record month . The number of battery electric vehicles sold last month was just more than 5,000 short of the whole total registered in 2019 , the SMMT said . An increase in plug-in hybrid sales to a 6.4% market share meant more than a fifth of vehicles sold in September were capable of being driven without emissions . The ride in electric vehicle sales was spearheaded by the Tesla Model 3 , which sells from £ 44,500 . It beat the Vauxhall Corsa to claim the top spot . Ian Plummer from Auto Trader said the petrol crisis had probably helped drive the jump in electric car sales “ . Brilliant news , although we shouldn’t forget that Volex is not only about manufacturing cables for electric vehicles .

[igoe104] 05/10/2021 20:14

Very encouraging electric car sales in September.

[onjohn] 05/10/2021 15:15

Interims in 4 weeks 👍

[insideryou] 05/10/2021 08:22

Good old Nat. Still pulling the strings of the true government, the fed!

[gonzaloalves] 05/10/2021 07:51

Tesla are growing into their valuation. Shanghai just performed at a rate of 600k pa in the last quarter. Texas and Berlin will commence pilot production this quarter. If suppliers don’t constrain 2022 should easily be in the 1.75/2 mill area. The run rate at the last quarter will be most interesting. Productivity and margins are at record levels