PINN.L Share News (PINN)

Investors who piled into bank shares after the election results became known may have jumped the gun. True, the risk of a less disciplined approach to economic management by Labour has been eliminated. Continued economic recovery should loan losses continue to fall. Likewise, the risk of a costly experiment in turnin RBS into a regional bank has also been tossed out the window. The Tories's beloved challenger banks also stand to benefit now that Miliband's mansion tax plans are off the table and the sale (not public) of the state's sale of its Lloyds stake can resume.Yet banks continue to be a favourite target for political bashing and there is still the investigation into the current account and business banking markets to contend with. Furthermore, with a referendum on Britain's continued membership of the European Union firmly on the agend companies may postpone investing in the UK, which will impact on lenders. Just on the basis of heightened regulation HSBC had already begun to review its UK domicile. "So, while little has changed for UK lenders, the EU elephant could easily crush today's bank bulls," writes the Financial Times's Lex column.MXC Capital has exciting long-term growth potential. The company is a turn-around specialist in the technology space. A key consultant is Martin Bolland, who also heads the board of FTSE 100 outsourcing group Capita. The AIM-listed outfit's chief is Marc Young, ex-head of technology at broker finnCap. The company recently listed and raised £12m of fresh capital to deploy. MXC has already had various successes and is likely to announce a new AIM investment in the coming weeks. Bolland and Young are also hoping to bring four private firms to the market this year. In the IT space it is currently invested in Redcentric, Castleton Technology and Pinnacle Technology. "The stock is not for the nervous. But at 3.075p, the shares should go far," writes the Mail on Sunday's Midas column. Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only and not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.