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Pin to quick picksRedcentric Share News (RCN)

Share Price Information for Redcentric (RCN)

London Stock Exchange
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Share Price: 152.00
Bid: 147.50
Ask: 156.50
Change: 1.75 (1.16%)
Spread: 9.00 (6.102%)
Open: 150.25
High: 0.00
Low: 0.00
Prev. Close: 150.25
RCN Live PriceLast checked at -

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Sunday share tips: UK banks, MXC Capital

Sun, 10th May 2015 16:02

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.
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28 May 2019 12:23

Redcentric Hires EMIS Exec As New Finance Chief; Boss Made Permanent

LONDON (Alliance News) - Redcentric PLC said Tuesday it hired EMIS Group PLC finance executive Dean Barber as its new finance chief from the start of September, following the permanent appointment

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15 Apr 2019 10:24

Redcentric cuts net debt following CEO departure

(Sharecast News) - IT managed services provider Redcentric traded in line with management expectations in its last trading year, cutting net debt by more than expected.

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22 Jan 2019 13:23

Redcentric Non-Executive Director Puckett Retires, Replacement Named

LONDON (Alliance News) - Redcentric PLC said Tuesday that Independent Non-Executive Director Stephen Puckett will retire from the board, and Chris Rigg will join in the same role, both effective -

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22 Nov 2018 13:37

Thursday broker round-up

(Sharecast News) - Royal Mail: RBC Capital Markets upgrades to sector perform with a target price of 500p.

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22 Nov 2018 11:06

Redcentric Boss Departs After Disappointing Interim Performance

LONDON (Alliance News) - Redcentric PLC's Chief Executive resigned with immediate effect of Thursday after the firm posted "disappointing" interim results.Shares in the fell a

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22 Nov 2018 08:40

Redcentric dives as CEO quits amid revenue stagnation

(Sharecast News) - Redcentric plummeted on Thursday after its chief executive resigned as "disappointing" results showed a fall in half-year revenue despite initiatives to boost growth.

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4 Oct 2018 09:24

Redcentric Sees Interim Performance In Line With Expectations

LONDON (Alliance News) - Redcentric PLC on Thursday said its financial performance in the first half of its current financial year has been in line with expectations.For the six months to

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4 Oct 2018 08:56

Redcentric cuts through net debt in first half of trading

(Sharecast News) - British IT services provider Redcentric told investors on Thursday that trading had been in line with expectations throughout the first half of its trading year.

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21 Jun 2018 16:05

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 22 June Prime PeopleFull Year ResultsEdinburgh Worldwide Investment TrustHalf Year

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8 Jun 2018 15:30

Redcentric Lowers Earnings Expectations For 2019 Financial Year

LONDON (Alliance News) - Information technology services provider Redcentric said Friday it expects higher earnings for its recently ended financial year, however, it has reduced its expectations

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30 Jan 2017 08:00

Redcentric wins NHS Digital's peering exchange contract

(ShareCast News) - Redcentric, the IT managed services provider, has won a three-year contract with the NHS Digital's Health and Social Care Network, which it said was "one of its most significant public sector wins to date". The contract, which carries the option to extend for a further three ye

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16 Jan 2017 12:41

Unicorn AIM Net Asset Value Stable In Final Quarter Of 2016

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3 Jan 2017 14:59

DIRECTOR DEALINGS: Wife Of Redcentric CEO Buys Shares

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23 Dec 2016 08:29

Redcentric Swings To Profit As It Makes Progress On Accounting Issue

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23 Nov 2016 09:03

Redcentric appoints Peter Brotherton CFO

(ShareCast News) - Redcentric, an IT managed services provider, has appointed Peter Brotherton as chief financial officer, company secretary and a director, effective from 28 November. Brotherton, who has over 25 years experience in finance, was previously CFO of Gametech and at PKR Group, an energy

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