Volex Share Price (VLX)

In agreement with your price range although with a global reach , would compare with their competitors but being listed in the UK has its disadvantages when compared with American counterparts.

What’s you fair value price out of interest? My view is 350-400, but perhaps might be being to optimistic

With recent capacity expansion in Batam,Indonesia ; Pune , India and recently announced construction of new manufacturing plant in San Luis Potosí would expect Volex SP to reach fair value within 12 months.

Company not run badly. Bid, for the price was too much and too risky. It also sank the share price before the market moved downwards. But agree this could easily be trading around 300. Unfortunately with so much global commotion just have to sit it out and see how the company navigates current global economic issues.

Lot of nonsense and misinformation about the company spouted saying it’s run badly and TT bid was a disaster etc. The real facts are the SP has followed the AIM markets and when it was stable between 350p & 400p it was not on AUM and hence had a lot of II’s rather than short term penny traders. I’m glad the TT deal got rejected as it’s not worth 160p of anyone’s money. Vlx come out of that a little better than break even. NR buying this dip, other directors will probably follow. Fair value right now c. 300p with more to come.