Member Info for Adastra

Right products, right time and right place. Volex is trusted and competent with a seasoned management team who know how to maximize profit.

Totally agree as data centre expansion is going exponential to cope with AI plus recent surge in quantum computing progress. Add in the huge amount being plugged into National Grid upgrade and EV charging network then companies like Volex and Luceco are the cpanirs providing the 'picks and shovels' and should see big profits upgrades.

Catering for all aspects of electrical demand, Luceco is bang on the money for the adoption of more things electric. Solid British company.

We are past the calendar year end so cash payment should be forthcoming in short order from Flogas.

Ref below:

By the end of the calendar year there will be the initial view through from Flogas on the first period. This is expected to be settled and agreed on shortly thereafter.

Opportunities to buy into thriving British businesses don't crop up every week and Volex has proven its stealth.

Right company - right sectors - right management

Growing strongly and seamlessly and profitably integrating acquisitions. Very fair price 340-350 with more to come. DYOR and read between the lines on this RNS.

Surely analysts and brokers are now getting the picture that this is a growth share.....and growing strongly.

Shorters here will get a really nasty shock when Volex show just how well the BoD are nurturing growth here. That will certainly raise a cheer from those of us who support Great British companies.

Excellent news. Volex is first rate at choosing and integrating superb growth businesses whilst having the intelligence to disengage with boards like TT.

The big drivers for Volex this year are Electric Vehicles (EVs) and Consumer Electricals

The company anticipates significant growth in the EV sector, driven by increased demand for electric vehicles and stricter emissions regulations. Volex's expertise in producing custom ruggedized wiring harnesses and battery cables positions it well to capitalize on this expanding market. The integration of recent acquisitions, such as Murat Ticaret, is expected to contribute to productivity improvements and profitability in 2025.

In consumer electricals Volex has observed a strong recovery in the segment, with organic growth of 7.5% in the first half of FY2025. This rebound indicates that destocking is largely over and consumer spending is normalizing, contributing to the company's revenue growth.

The company is also executing a targeted investment program to expand capacity and enhance capabilities in response to customer demand and localization trends. In FY2025, capital expenditure is expected to be about 5% of revenue, with investments aimed at supporting long-term growth and delivering sustainable value.

The company continues to pursue strategic acquisitions to enhance its capabilities and grow its customer base. Maintaining operating margins within the target range remains a priority. Its history in being able to focus on operational excellence is crucial for sustaining profitability amid challenging macroeconomic conditions.

Overall, this has to be a great entry point for an investment here for the coming year with good quality earnings and seasoned management.

One of 3 electric superstars for 2025:

Big....... Volex

Medium......Luceco

Small......eEnergy

All locked and loaded for escalating UK conversion to electric and renewable energy.

Bounceback from recent nadirs taking shape for a very Happy New Year. Have a great Christmas all.

Looks like we have the retrace now taking its first tentative steps. With regard to TT holding, it was a win/win purchase at c 75p whether held or sold off imo. The best news was the fact that Nat and the BoD were seasoned enough not to enter a one way bidding battle. Job done with a cute purchase at an opportune time. Now we can rerate back to a sensible more reflective level as we enter 2025. Solid business in a rapidly growing marketplace.

There could be an imminent injection of cash anytime that is largely being overlooked here so I've taken a position. The spring sale of the energy division contained the caveat:

The contingent consideration is estimated by the Company to be in the range of £8 million to £10 million, subject to the Energy Management Division achieving strong growth in line with its business plan, and is capped at £20 million.

Any contingent consideration will be payable in two instalments, covering the period from completion to 30 September 2024, and the 12-month period to 30

September 2025.

**** the first of those installments should be imminent as approaching the quarter after Sept 30th 2024. Interesting as its on top of a thriving underlying business in which Luceco holds 9% and directors have a lot of skin in the game.

Bounced previously over 12 months at 201 271 276 so should retrace ??? Being pushed down to test last level which should precipitate a surge of buying from bots... or not??

Bounced previously over 12 months at 201 271 276 so should retrace ???

Everything here says it should be chasing new highs but we're seeing the opposite. There can't be that many sellers left here given the outlook so it 'should' reverse quickly. I'm currently buying the dip......but that's no recommendation!!

Can see this oscillating here before a sustained upswing - it should happen quickly but current LSE is not operating on logic more on sentiment

Looking at previous shorts and volume plus u/c trades I would certainly say that it favours the buyers being in control at this level. The outlook for 2025 and pressures on adopting sustainable electricity based technology is certainly playing to Volex strengths. Recent interims and outlook confirm that imo.

Double bottom and strong upward should now kick in. Looking to revisit 320 before 340 and up in steplike pattern now.

Both foams businesses are performing well, and our order book remains robust with good visibility into next year. Current Zotefoams-compiled consensus expectations for revenue is £145.5m and adjusted profit before income tax and separately disclosed items, for the year ending 31 December 2024, is £14.9m.

£15m ptp for this year should limit knee jerk drop expected on open.