les paul custom
01 May 2015
Re: Movement? Sod it I knew I shouldnt have said anything
les paul custom
24 Apr 2015
Re: Movement? Im very nearly at my average so am going to keep very.. very.. quiet as I dont want to scare it off.
bartonscooter
24 Apr 2015
Re: Movement? Not a bad week at all. 
bartonscooter
22 Apr 2015
Re: Movement? Lets hope so! Patience is a virtue and all that..
les paul custom
22 Apr 2015
Movement? Finally.. a few days of positive momentum with high volume (compared to usual here)Not before time.
II Editor
27 Mar 2015
NEW ARTICLE: Is Volex value yet? "LSE:VLX:Volex, a supplier of power cables and USB leads to electronics manufacturers, has undergone something of a transformation over the past 18 months. Unfortunately, its share price has, too, and a series of profits warnings has halved the ..."[link]
wuffet
27 Mar 2015
Re: Latest update.. Hiya Except that they raised $27.9m in a share placing during the year so a $20m reduction in debt is not much of a sniff. In fact net debt has risen since H1 year end and during the year on an underlying basis. It is an interesting recovery play though.Good luck
Iclaude
27 Mar 2015
Re: Latest update.. A reduction in net debt of $20m is not to be sniffed at and indicates strength going forward.
les paul custom
27 Mar 2015
Latest update.. "We continue to focus on operational cash generation to allow us to continue to invest in the business, and unaudited net debt as at 13 March 2015 was $12.2 million (compared with $32.2 million as at 30 March 2014).""The transformation of Volex has strengthened our business and our focus on working more closely with key customers is expected to deliver further growth in sales and margins in the coming year."Music to the ears?
Iclaude
09 Mar 2015
Ruffer Group RNS of today reveals that Ruffer has increased its shareholding from 11 to 13%. Over the past few months Credit Suisse has reduced its holding from 13% to 10%. An interim report by the company should be due this month. Interesting times ahead, I feel.
manxgold
22 Nov 2014
update I/C I see the I/c have reiterated their long term buy on this stock,pointing out the turnaround has taken a wee tad longer than expected ,BUT it is well on the way to profitability,i sure hope so.
forwardloop
21 Nov 2014
Re: from UK Analyst Its GCER the house broker, so not unbiasedVolexProgress Towards Transformational Plan• Volex has announced half-year results that are in line with our expectations.• We are particularly encouraged by the strong revenue growth in both divisions (Power and Data) and across all regions and improved margins and the overall progress that it is making towards achieving its Transformation Plan, which was laid out this time last year.• We have taken this opportunity to update our forecasts and maintain our stance of buy, with a target price of 242p.• Table: Financial overviewYear to 31st March 2013A 2014A 2015E 2016ERevenue ($`000) 473,154 400,177 430,000 450,000Gross profit* ($`000) 83,171 66,022 74,390 77,850EBITDA *($`000) 8,285 12,504 18,790 20,250EPS* (cents) (1.54) (8.99) 2.55 4.39Net (debt)/cash ($`000) (19,500) (32,220) (6,220) (1,000)Source: GECR and company*Adjusted Key data Share Price 66.75p52 week high/low 118.09p / 64.50pPrimary exchange LSE (Main)EPIC VLXShares in issue 90.25mMarket Cap £60.24mSector Electronic & Electrical Equipment
toli
21 Nov 2014
from UK Analyst • Volex has announced half-year results that are in line with our expectations.• We are particularly encouraged by the strong revenue growth in both divisions (Power and Data) and across all regions and improved margins and the overall progress that it is making towards achieving its Transformation Plan, which was laid out this time last year.• We have taken this opportunity to update our forecasts and maintain our stance of buy, with a target price of 242p
