Member Info for mick-b

Paul’s opinion - I’m pleased with this update. I remain of the view that Volex has established an excellent track record as a reasonably-priced buy & build share. I’m not holding personally at the moment, as mentioned in a previous podcast, I sold them temporarily due to wanting to lower my exposure to AIM during this volatility over Budget measures. My view on the the fundamentals at VLX haven’t changed at all, it’s still a positive view. I suspect once UK small caps are out of the doldrums, this share could enjoy a useful re-rating. Meanwhile management are quietly getting on with doing a good job, despite challenging macro conditions. That should mean stronger growth once economies recover. It could also benefit from reshoring closer to Western economies, and I also like that it is positioned well in structurally growing markets. So it’s another thumbs up from me. I hope to rejoin holders as a small shareholder myself, in due course!

Despite all the multiple crises of the last 5 years, VLX shares have tripled -

https://app.stockopedia.com/content/small-cap-value-report-wed-16-oct-2024-gms-1011282?order=createdAt&sort=desc&mode=threaded

Bouncing nicely.....323p

Due a bounce?

Volex (LON:VLX) Half year trading update "in line with expectations, with revenues in excess of $510 million"

FTSE100 ✅ 0.45%

https://www.ig.com/uk/indices/markets-indices/ftse-100

State pension increase next year will now be 4.1%....from previous 4%.

Average wage increase has been adjusted for SEPT. up from 4%.

September's inflation figure is normally used to set how much most benefits will rise next April.

The drop in the rate was larger than expected - economists had predicted a 1.9% rate.

DOWN from 2%

Beat expectations‼️

FTSE100 ✅ 0.2%

https://www.ig.com/uk/indices/markets-indices/ftse-100

State pension increase next year will now be 4.1%....from previous 4%.

Average wage increase has been adjusted for SEPT. up from 4%.

👍🏽

Serco slapped with six-figure fine by ministers over latest tag debacle... just months after they regained the contract in May.

Ministers hauled them in for a dressing down.

Reassurances there's enough staff and tags in place for next week's early release.

Meanwhile the right wing media will carry on blaming Starmer.

Up 7%.

bodes well.

Just 5 more years...

ENJOY....

“I cannot tell a lie”-George Washington

“I cannot tell the truth”- Donald Trump

“I cannot tell the difference”- MAGA

comments......

Champ being investigated after winning.

Seems he may have been using a steel conker.

or

losers spreading lies.

Exciting result of investigation announced tomorrow...

CAN'T WAIT‼️🥊

Helium sector seems unloved !

The Government considering the future role of incinerators.

Energy price shocks

The UK is still hugely dependent on Global oil/gas/LNG prices.