Member Info for rango1

The rogue charger is manufactured by a company called Wallbox. Nothing to do with Volex. In fact it should give Volex an opportunity if that charger is banned in the Uk after June 2024.

Shearclass - you always seem to very much switched on analysis - do you a view on the slide in share price ?

Updated institutional holdings in the stock to 30/9 now out with institutions holding about 86 % of stock and State Street a new institutional investor. Are you guys still holding this stock or is just me left in with this ever falling stock ?

A poster on Advfn has highlighted that the inter-bank rate hasn’t really moved much since the last quarter - probably explaining the reason for the identical interest rate %.

Q3 - just come out. They are identical to Q2 ??. How can that be when interest rates have gone up over the quarter and surely the client balance must have changed??

We should be getting Q3 interest income figures very shortly but they are not as yet giving notice of these. Last time’s were on the 14th day after the quarter.

NewGacky - interactive investor not only allow you to buy on a t10 but also a t20. Practically all my deals are done on a t20 to give me maximum flexibility.

Can’t see why it’s taking so long moving from AIM to premium listing. Brendon plc also made an initial premium listing announcement in March 2023 exactly like Alpha. By June 2023 - just 2.5 months later they were trading on the main premium market.

Can’t see anything in the interim report today re listing on the main market today as we were promised in March 2023? That is disappointing.

The share price of this company is going to look pretty silly soon because regardless of how this company wants to be measured on EPS the statutory EPS must include interest income. So the statutory EPS this year will be £2 + and next year £3+. The share price anomaly will then stock out like a sore thumb to everyone. Patience is the key here . 1st flag will show when the interim accounts are produced in circa 3 weeks when the statutory EPS for the interims is £1+. Add in the expected update of the main market listing and we could have significant share price .movement.

The share price of this company is going to look pretty silly soon because regardless of how this company wants to be measured on EPS the statutory EPS must include earnings income. So the statutory EPS this year will be £2 + and next year £3+. The share price anomaly will then stock out like a sore thumb to everyone. Patience is the key here . 1st flag will show when the interim accounts are produced in circa 3 weeks when the statutory EPS for the interims is £1+. Add in the expected update of the main market listing and we could have significant share price .movement.

Another top quality post ShearClass - in effect the interest income is a hedge against the macro environment so when perform the other doesn’t and vice versa. As a result it should be included as part of forecast Eps and valuation.How can you ignore circa 100m of cash coming in for the foreseeable future when it’s significant part of valuing a company?

Surprised we haven’t had our usual July TU by now. Hopefully get one this week.

The link is the same as Shearclass posted on the 21st June.

I expect the core business to accelerate over the next few years - as they’ve intimated by them bringing forward their 2024/25 investments into this year . Then there’s ftse 250 to come into play as well next year. As regards interest income -that could be circa £130m next year alone! Am I alone in thinking the share price should be nearer £35 rather than the £20 it is now.

As they’ve now released the Q2 blended rate after market hours today then surely they must release a TU first thing on Monday morning because this is price sensitive info. I’ll certainly be buying another shed load on Monday on top of my already excessive holding.

Could someone tell me the errors in my logic of £2 eps. If interest income is circa £80m plus operating profits of circa £45m gives total profits of circa £125m. Apply tax at 25% gives PAT of £94m. Divide by number of shares say 45m gives Eps of £2 plus.

Just seen Q2 interest income figures provided. Looks like interest income in H1 will be circa £29m alone. Hence the year end forecast of £43 m interest income will be smashed. Likely to end up circa £ 80m for the year. With these type of figures EPS for the year could be near £2 !!!!

Put be down for £21.

Exactly Greatcrest. Why would anyone want to buy this company when they’re about to do a rights issue at a massive discount. Most people will wait for the share price to collapse to under 10p/ gets nearer the rights price