MXCP25 Feb 2015 13:07
Same pattern as when we went from 1.60 to over 2p and then dropping back. The aim is to add/buy after the drop back.
Now we have crossed 3p and a slight drop back. This is a very good opportunity to be in this share.
Next time I will be saying about 4p and so on.
On Monday UK-Analyst said:
Specialist merchant bank MXC Capital (MXCP) has bought Calyx Managed Services from investment firm Better Capital (BCAP) for a total consideration of 9 million pounds. Based in Manchester, Calyx provides a broad portfolio of ICT services to clients across the country. For 2014 management accounts show the business made a normalised EBITDA of 400,000 pounds and MXC believes the business is capable of generating cash from the point of acquisition. The investment adds to MXC's existing portfolio of technology businesses which includes stakes in Castleton Technology, 365Agile Limited and Eagle Eye Solutions Group. Share in MXC added 0.3p, closing at 2.75p.