Member Info for JOEHIGASHI

By Edward Sheldon, CFA. There are several reasons I’m bullish on Volex (LSE: VLX) right now. One is that the company is growing at a healthy rate. For the 26 weeks to 2 October, the group posted year-on-year revenue growth of 22.1% along with 14.1% growth in underlying profit before tax. Results were boosted by 53% organic revenue growth in its electric vehicle division.

Another reason is that management has ‘skin in the game’. Both executive xhairman Nat Rothschild and COO John Molloy own a ton of Volex stock. So, it’s in their interests to get revenues, profits, and the share price up.

Finally, the stock is dirt cheap. With analysts forecasting earnings per share of $0.27 for the year ending 5 April 2023, the forward-looking P/E ratio is only about 13.

Risks here include debt levels, which have risen on the back of acquisitions, and excess inventory issues. I like the risk/reward proposition at current levels, however.

The Stock Market - the only place where theft is actually legal

Sorry wrong link, here's the correct one

https://www.cbssports.com/general/news/u-s-sports-betting-heres-where-all-50-states-stand-on-legalizing-sports-gambling-plus-site-mobile-bets/

U.S. sports betting: Here's where all 50 states stand on legalizing sports gambling, plus site mobile bets
More than half the country has begun the process of legalizing sports betting

https://www.cbssports.com/nfl/news/2023-nfl-draft-trade-candidates-dalvin-cook-devin-white-among-14-big-name-veterans-who-could-be-moved/

"what shorters??"

Private investors who borrow stock, without the owners knowledge or consent, to sell back into the market to falsely lower the sp

News Flash: China parallel patent infringement litigation gives Nanoco leverage in the $150million settlement with Samsung

https://www.jdsupra.com/legalnews/news-flash-china-parallel-patent-7195855/

Parkmead hails asset efficiency as gas production starts at LDS-01

Early flow rates suggest that Parkmead will benefit from a material increase in daily net production
Parkmead told investors that this demonstrated once again the "operational efficiency" of its low-cost assets onshore the Netherlands, "where operating costs are less than USD9 per barrel equivalent".

https://www.marketscreener.com/quote/stock/THE-PARKMEAD-GROUP-PLC-15606852/news/Parkmead-hails-asset-efficiency-as-gas-production-starts-at-LDS-01-43441829/?utm_campaign=action++twitter_action_2023-04-06_user-partage++&utm_content=+++2023-04-06+&utm_source=twitter&utm_medium=user-partage

Nathaniel Rothschild should be buying at these bargain prices

Volume: 2,088,987 now

Bit more Volume today

1,186,445

XLMedia presentation from yesterday

https://youtu.be/n4yBvVksp2g

They are happy to take 200k shares, so someone must be buying

I assume the 475k @ 13.25p are buys?

Yes Peaky, a fair few now, once the sellers have moved on, will buy more

Yes Peaky, a fair few now, once the sellers have moved on, will buy more

Government sets out strategy to protect NHS from cyber attacks

https://www.gov.uk/government/news/government-sets-out-strategy-to-protect-nhs-from-cyber-attacks

Hopefully this will involve Osirium as they already have contracts with the NHS

The state of US sports betting: Which key states could legalise next?

https://www.gamblinginsider.com/the-state-of-us-sports-betting-which-key-states-could-legalise-next

An update on the US sports betting state of play

The Explosive Growth of US Sports Betting

https://www.visualcapitalist.com/sp/the-explosive-growth-of-sports-betting/

Lots of news about the fight tomorrow

Boxing fans are in for a treat on April 1, and if you want to bet on Anthony Joshua vs Jermaine Franklin in the USA then we have everything you need to know.

We will take you through the best US sports betting sites and show you how and where to get the most competitive odds from the best markets for the bout.

You would think the people selling at 13p would have had the sense to sell a few weeks ago at 23p if they wanted to sell. lol