No updates yet but expecting one any time. Looks way too cheap on a forward P/E of just 8.6 for 2011 and 6.6 for 2012.

Volex Group PLC

FORECASTS 2011 2012
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Edison Investment Research
19-05-10 None 11.91 15.70 14.91 19.70

The Royal Bank of Scotland NV [R]
04-05-10 BUY 11.61 13.63

Charles Stanley Securities
20-04-10 BUY 12.60 17.63 17.00 23.33

Milkstone Ltd [R]
15-04-10 BUY 13.01 15.47

2011 2012
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Consensus 12.23 16.58 0.00 15.86 21.36 0.00

1 Month Change -0.37 1.11 -1.13 -1.97
3 Month Change -0.16 1.93 0.00 -1.13 -1.97


GROWTH
2010 (A) 2011 (E) 2012 (E)

Norm. EPS 31.41% 14.77% 28.81%
DPS % % %

INVESTMENT RATIOS
2010 (A) 2011 (E) 2012 (E)

EBITDA m 17.13m 20.14m

EBIT m m m

Dividend Yield 0.00% % %

Dividend Cover x x x

PER 9.86x 8.60x 6.67x

PEG 0.31f 0.58f 0.23f

Net Asset Value PS p 29.53p 52.55p

Not too late yet skinny. The market could give you another chance. I reckon this rally has fizzled out and the price could pull back a bit. I wouldn't mind a few, but what would I sell? Difficult question.

Yes - last look I was offered 5k @111, which I didn't take, I have a limit in @109 which I'll check/revise pre-market.

Revised my entry to a quid.

You think more downside to come then? Like you, am glad I stayed out yesterday.

Wonder why directors bought before closed period comes into being before next update?.

Harry - I don't know enough about it and haven't got the time for the next couple of days to research - the press driven fizz has all but reversed - look at the (lack of) volume today.

Needs a broker note or two.

Wakening up guys beware, when it flys it bloody well flys.

And it has up 6% already, yeee haaa got in again just before the rise.

Closed up 5.23%

Nice.

Could turn very nice. :-))

Very nice indeed.

Shut uuuuup. lol

LOL, tipped in Shares Mag as takeover candidate this morning.

Added some more.

Messing with spread today.

Whore's drawers of a chart this week.

You in this one yet skinny?

No - I keep looking.

I have had two buys on the system this week, both have expired yet the sp has closed lower than my buy price on the same day. I wonder if Lady Luck is trying to tell me something?