1. Exit Case: Volex PLC 

Volex PLC (LSE: VLX) is listed under the FTSE AIM UK 50 Index, a UK-based company engages in integrated manufacturing of performance-critical applications and related power products. The product portfolio of the company is composed of plugs, power cords, receptacles, and power cords.

VLX has been a part of the ‘Value Model Portolio’ since 26 July 2024, however, considering the recent decline, trading and forming downward trend, and ~30.70% downside from the entry price, an ‘Exit’ is recommended from the stock at GBX 241.50, (as of current market price 16^st April 2025, 11:10 AM, GMT+1).

Volex PLC (LSE: VLX), currently part of Kalkine’s Value Model Portfolio, is encountering resistance at prevailing levels amid shifting market dynamics and evolving company fundamentals, presenting a potential exit opportunity.

1.1 Support and Resistance Summary as provided in our last published report dated 26 July 2024.

1.2 Volex PLC (LSE: VLX))  

2. New Entry Case: London Stock Exchange Group PLC (LSE: MRO) 

Melrose Industries PLC (LSE: MRO) is a UK-based aerospace company listed on the FTSE 100, specializing in the production of advanced components and systems for leading original equipment manufacturers (OEMs) in the civil and defense sectors. The company operates through two divisions: Engines and Structures.

Technical Analysis: On the daily chart, Melrose Industries (MRO) is trading at GBX 429.20, showing a slight dip of 0.79%, yet attempting to stabilize after a sharp correction from recent highs near GBX 700. The RSI stands at 38.63, hovering just below the neutral zone, hinting at a possible reversal if buying interest resumes. While stock is still in a short-term downtrend, the recent bounce from sub GBX 400 levels and narrowing daily candles may signal early signs of consolidation. Sustained support above the GBX 400 mark could pave the way for a technical rebound toward GBX 467–480 levels.

Considering the above mentioned factors, technical analysis, support & resistance levels, key risks and outlook an ‘Entry’ is recommended in the ‘Value Model Portfolio’ at the current market price of GBX 429.20, as on (as of current market price 16^th April 2025, 11:10 AM, GMT+1).

Melrose Industries PLC (LSE: MRO) has been identified as the new entry to our Value Model Portfolio.

2.1 Support and Resistance Summary (as on 16^th April 2025, 11:10 AM, GMT+1)

2.2 Technical Price Chart (LSE: MRO)

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of 16 April 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.