WellWadded
09 Jun 2016
Re: fierce competition Few industries don't suffer fierce competition but looks like NR has his sleeves rolled up which is not surprising given his shareholding . Anyway added 100k this morning as like the guy !
Simbr
09 Jun 2016
fierce competition Liberum put out a note this morning on Research Tree: "Thin profitability defines Volex’s industry. Principal customers are leviathans. Competition is fierce. Global PC & laptop volumes have dwindled. Wireless technology is a headwind. However, FY16 EBIT has beaten February guidance by 60%, new management continue to fell costs and their credit facility has today been extended. A forward FCF yield of 16% and EV/EBIT of 5x, despite initiating with estimates 20% below guidance, warrants consideration."
Simbrad
09 Jun 2016
Liberum put out a note this morning on Research Tree: "Thin profitability defines Volex’s industry. Principal customers are leviathans. Competition is fierce. Global PC & laptop volumes have dwindled. Wireless technology is a headwind. However, FY16 EBIT has beaten February guidance by 60%, new management continue to fell costs and their credit facility has today been extended. A forward FCF yield of 16% and EV/EBIT of 5x, despite initiating with estimates 20% below guidance, warrants consideration."
losskop
25 May 2016
Re: price 10% down two days on the trot - anyone would think they have gone bust. All I can assume is a huge client has gone
bartonscooter
25 May 2016
Re: price Be nice to get an update.
losskop
06 May 2016
price sub 30 soon, things must be dreadful
losskop
14 Apr 2016
Re: Tempted looks like more bad news in the offing with a further bout of sp weakness
bartonscooter
19 Feb 2016
Re: Tempted Still tempted, still not bought anymore
turbulence
29 Jan 2016
Re: Tempted [link]
NoQuestionMarks
29 Jan 2016
Re: Tempted Watching closely but prepared to wait for the trading update on the 26th of Feb, everything is cheap now.
losskop
28 Jan 2016
Re: Tempted something must be wrong and some more bad news in the offing seeing how sp has gone down 5% each day in last 3 out of 4
turbulence
28 Jan 2016
Re: Tempted Can't help thinking Nat "reverse Midas touch" Rothschild must be tempted to top up on the whole bloody lot. He's put himself on the top on the company note paper, and will be loth to be associated with another disaster - taking it private or flogging it would save face to some extent. The management clear out looked like that was his intention, but the silence is killing, literally.
bartonscooter
28 Jan 2016
Tempted Anyone else tempted to top on Volex ?
turbulence
19 Nov 2015
Re: Volex looking good Every morning, a sell of 3 shares - A bit suss?
turbulence
03 Nov 2015
Re: Volex looking good Some family houses round our way, go for more than the MCap of this company - Sad state of affairs for Volex. I wonder if the results will justify this ~40% fall from the recent peak.
