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Hard to judge | Profit warning | Run for pensioners

24/11/2023 · Michelmersh Brick Holdings (MBH)  · Mothercare (MTC)  · Team17 (TM17)  · Volex (VLX) 

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We assess the results of a popular AIM quoted manufacturer of electrical cables, whose shares look interesting value at current levels, although there are some aspects we don’t like. A poorly-worded profit warning from one of AIM’s better video gaming groups saw the shares tumble. We consider whether the sell-off is justified. Read on here for our thoughts on this and other news.


Volex: hard to judge

Volex (AIM:VLX), the supplier of integrated manufacturing services and power products, announced its half year results for the 26 weeks to 1 October 2023.

Volex manufactures power and data connectivity solutions for five key sectors: Electric Vehicles, Consumer Electricals, Medical, Complex Industrial Technology and Off-Highway. The current group, which can trace back its origins to the 1890’s, now has operations across 27 advanced manufacturing facilities in 24 countries.…

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