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Volex

May 2020

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • VLX
  • Price:
  • 137p
Volex shares have been a strong market after saying it expects full-year sales to end March of US$392m, up US$20m on the year. Net cash is US$31.7m. It said that the impact of COVID-19 has been mitigated by its defensive exposure to medical devices and data-centre products (which are in even greater demand as much of the world's population works from home), which make up two-thirds of its complex assemblies division. The shares have bounced to pre-COVID levels very quickly. Strong hold. ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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