Member Info for sahid

Unofficially they are already in it at around number 75. Asos are top with a market cap of £5.3B and The Pebble Group hold number 100 spot with £132M.
Volex MC today is £295K. I am not sure ho often the AIM FTSE 100 is updated but if progress is maintained only a matter of time before they are added.

I find it interesting that the SP often rises when more shares sold than bought in a day and visa versa. I understand it is a question of balancing the brokers books but feel that, with this share in particular, they hold the price steady in perhaps more than anticipation of a very large market order.
Currently this is a similar scenario to the last reported buy by a company director and bodes well to see £2 crushed this week.
Car sales reportedly on the floor so expect more manufacturers switching production to electric vehicles requiring Volex cables. All divisions of the Company were doing well at the time of the last update so no reason to assume business has declined since then with GDP recovering throughout the world.

Pinky: Would not be surprised if staff and directors are still buying. Also possibility that some of the tipsters have started to follow. Still much more to come IMHO as medical and automotive markets for electric vehicles are surging. I rate Volex very highly as a superbly managed company with a high degree of foresight. Covid hit them hard at their manufacturing plants in China but judging from the frequent updates they have overcome this exceedingly well. Of course there might also be some supposition about a takeover but I sincerely hope not as we are only at the beginning of the good times ahead.

As per today’s RNS the CFO has nailed his colours to the mast with a £75k share purchase.
Technology companies in the US are doing well especially Tesla so VLX share price is beginning to reflect the Company’s excellent management through uncertain times.

The Chief Operating Officer's wife has announced she bought £135,000's worth of shares in Volex. Things must be moving as anticipated!

This is a really positive, candid and highly polished presentation.
If you were in the electronics manufacturing arena today, what market would you choose to address? Electric vehicles? Data banks? Medical? Well the good news is that Volex are heavily involved with the top OEM's in all of these areas so barring mishaps the $650m revenue target in 5 years should be easily achieved if not exceeded. Manufacturing costs have been greatly reduced over the year, in part by vertical integration and the dependence on China reduced to manageable levels.
IMHO, this is going to be a very exciting ride for long term investors!

Halespur: Good article for Vanadium stockholders but nothing in there which concerns positive prospects for IES as far as I can see.

Interesting to read today that Tesla have tied up a long term contract for the supply of cobalt directly from Glencore to ensure their car production is unaffected to battery material shortages.
Should auger well for Volex who manufacture charging cables for Tesla. Tomorrow should be an interesting day for Volex investors!

pinky: I have been invested in volex for around a year and the spread as you point out has always been large during that time. I have also seen this a lot on AIM stocks where rapid SP movements take place. My feeling is that it is a way of preventing day traders from causing chaos and to the benefit of long term holders.

The largest opportunity by far announced by Redt was for FFR services for the German Grid . It was huge and the rather premature announcement that Redt would get the contract subject to the German contractor raising necessary funds caused the SP to rocket. FFR services are required now more than ever. If the fund Bluerill mentions is launched maybe this is what all the fuss is about. IES has inherited European approval as this RNS announces so maybe just a question of raising the cash.
26 July 2019
redT energy plc
("redT" or the "Company")
redT flow machine first to qualify for UK Frequency Response service

redT passes testing for National Grid's dynamic FFR service, first for vanadium redox flow technology



redT energy plc (AIM:RED), the energy storage solutions company, is pleased to announce that one of its 300kWh flow machines, situated at a customer site in Southern England, has successfully gained pre-qualification status to provide Dynamic Firm Frequency Response (FFR) services to the UK grid following testing conducted by leading UK aggregator, Open Energi.



Dynamic FFR is a balancing service procured by the UK's National Grid, designed to keep grid frequency close to 50Hz. It is one of the most valuable balancing services available in the UK market today, requiring assets to respond within 2 seconds and sustain the response for up to 30 mins (although typically this requirement is much shorter).



The service plays a vital role in balancing out frequency volatility on the UK network caused by plant outages and other destabilising events. Until now, frequency services have been mainly supplied by conventional lithium-ion batteries, pumped hydro and demand-side response (DSR) mechanisms. This achievement by redT is the first time that heavy-cycling, redox flow machines have qualified for this market.
Mon, 17th Sep 2018 07:00

RNS Number : 9279A
RedT Energy PLC
17 September 2018

This announcement contains inside information



17 September 2018

redT energy plc



("redT" or the "Company")



Update on German Grid Project Funding

Conditional commitment letter received for funding of 1 phase



redT energy plc (AIM:RED), the energy storage solutions company, announces that it has received a conditional commitment letter from an energy infrastructure fund to invest, together with its partners, approximately €37m for 100% financing of the first project to be deployed of a total 700MWh portfolio of grid-scale energy storage projects in Germany (previously announced on 26 July 2018).



This first project will use 800 redT units with a combined capacity of approximately 60MWh to supply Secondary Control Reserve and other grid services to the German and Austrian market.



This conditional commitment has been provided by the fund following a detailed review of the project data room documentation. All parties are committed to moving forward rapidly with this opportunity with fi

Congratulations to the BOD for such a positive update.

I see TESLA had record sales in quarter ending 31 March. Maybe VLX playing catchup now China appears to be back on song

Can someone please explain why there are apparently two stocks being traded on IES?
(IES) 35/37
(IES.GB.PL) 35/45

A very timely response from the Company. Good news that manufacturing has started again in China and also that most of the manufacturing plants are elsewhere. The SP fall over the past week has been grossly overdone IMHO and hopefully we will now begin to see a slow increase in line with the resumption of manufacturing activity not to mention the increased sales at Tesla.

Do they have any alternative manufacturing sites outside of Asia?

If the reported number of shares traded is to be believed (33.5m) then with 22.5m sold there must be a very good reason why the price is so high. Any thoughts?

I think that you have hit the nail on the head. I believe that hitting the numbers will have a momentary positive effect and if by that time Brexit is favourably resolved it may even hold for a while. Obviously there is now another seller with possibly the same game plan in mind but the market for APC shares appears quite resilient. Best wishes and now back to sleep for another month or two.

You take 10p now Fred?

Look desperate for stock!!

Er you were saying Vino?