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Nice to see Naked Trader interest here.

Volex has put in an offer for the horrible performer TTG.

It looks a reasonably good fit, though the market didn’t like it so much.

It does mean Volex having a much bigger debt and shares have fallen quite a bit.

Whether it goes through or not is not certain yet a lot has come off Volex’s share price (30pc from highs) and it looks like a decent time to pick some up

Precisely..... let's get motoring above 300p instead of poddling around with zillions of holdings RNSs...zzzzzz!

This is a win-win offer for both companies. Economies of scale plus impressive Volex management gives TT holders the perfect escape route and means to get increasing share value. Perfect cutting edge enlarged group, just need the stubborn ineffective TT board to engage and capitulate to a one time decent offer. Any counterbid is a pipe dream.

Win-Win in these turbulent times. Combo would be a critical mass at cutting edge of UK business. Fair price for all to be part of a much better run company with impressive growth record. TT should engage and accept as being part of the enlarged group would really accelerate shares. BoD are probably scared that their inability and inaction has led to the poor share price and hence the bid. Capitulate and embrace a bigger better run future.

Ironically, the current big dip could easily lure a predator for Volex itself! It's a super fit into quite a few suitors and would certainly turn the tables here :))

Volex insiders own 27% of the company, worth about UK£169m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

I still ghink its a win-win for both Volex and TT but mainly for Volex. The TT statements on Friday indicate that most reparatory work in the US has been done and essentially capitalised. The outstanding orders from 2024 are falling into Q1 25 which signals perfect timing for this pre-emptive move. Yes TT may have rejected a higher offer but Noone has come forward with that counterbid nor has its details been discussed ie quality of offerree: cash + shares; status of TT directors post offer etc. Happy to watch this progress as I believe the acquisition would be earnings accretive right away and then increasing quickly.

Previous purchases have done well as economies of scale and elimination of duplication kick in.

The BoD are accomplished and seasoned here. They will have dine due diligence and will now take counsel from major shareholders. The appropriate course of action will follow and the shareprice will rise to reflect that decision - period. If you don't trust Nat Rothschild and team to make the right moves then why are you invested here. The excellent interims and track record speak volumes, the move for TT is purely tentative and made to focus a possibility NOT a foregone. Time to move upwards from this knee-jerk anomaly..... Excellent entry point if you like Volex imo so I'm very comfortable loading up here at 300p a pop.

320+ by Friday.....

Hence the perfect time to buy into quality here! Do many FTSE 250s are signaling flat earnings and yet Volex interims on Friday were both excellent and upbeat. The fact that the coincident possible bid occurred dropped the price here from 345 to 300! Crazy.....just presented a golden buying opportunity....yep I loaded up and am still doing at this price. It's just too big a knee jerk reaction. When all settles, intrinsic value and quality here will surface. Ironically it has actually exposed vulnerability to a US predator at this level so I expect it to rebound considerably this week.

345 not 445 - apologies..

The interims were excellent on Friday yet the mention of an interest in acquiring TT knocked it back 10%!....bizarre. The decision lies with Volex.....no commitment at all. Does the market not trust the excellent BoD here to have done, and be doing all its usual due diligence?? The economies of scale and streamlining are the keys that will unlock value in TT. This share was well worth its pre-emptive value of 445p - it just takes the savvy investors to buy in and realise that. Knee-jerk opportunity to buy into an Increasingly profitable and well run British company.

Quality company minor hiccough. Time to rerate and get back on track to reflect underlying outperforming here.

Nat Rothschild is certainly no fool and the move for TT has given a very firm indicator of sentiment! The 3.30 investor interface should clearly show him thar its not a good idea and best as Volex are.

It's not often you're offered a quick profit and sidestep to a winner whose results today were very impressive. Volex is the better bet of the two and its a golden opportunity given the ridiculous 50p dip in the Volex price solely due to its potential offer for TT! Buying into Volex on the TT profit at 300 or thereabouts is a no Brainerd imo. DYOR obviously but I jumped earlier.

A live presentation will be held online at 3.30 pm GMT on 15 November 2024 on the Investor Meet Company

.... And yet, across the gulf of space, minds immeasurably superior to ours regarded Volex with envious eyes, and slowly and surely, they drew their plans against us…” :))

If this doesn't bounce today then it will certainly be attracting weekend interest from suitors abroad .... and at home with its sparkling interims....