IC article today about 10 companies with the potential to turn their penny share prices into pounds.....MXC is one of them....read a few of the past RNS's.....contracts with Vodafone, expected to win a global Vodafone contract....they have the ex.chairman of Cisco Systems UK at the helm etc...

Potential is vast but un-recognized.....

Hi Kandrews

I am in from sub 1p and you are right to say it will pull back with profit takers but then it will only push forward again on news. I spoke to Matrix the other week (one of their directors)and they sounded very bullish. There do not anticipate any more dillution or a share consolidation. They are winning business every week and RNS's will flow regularly (so they say) and since speaking with them there have been 2. The interims will be the best way to gauge how things are progressing and we should see a re rating from Daniel Stewart. Those last 2 RNS's just go to show that this company is moving in the right direction and getting the contacts to win business and having Alan Watkins (former founder and managing director of Cisco systems uk) on board will only help to accelerate this.

One of the best things though is it is debt free and profitable. It has raised the funds for its acquisitions and heads of agreements have been signed. We should hear more on the first acquisition very soon.

Cheers

Hi martincoops

thanks for the reply, the one thing that has impressed me is the way the business has been turned round after the offshore telecoms initial exploit. The attraction has always been the profit at an early stage ( gives a nice warm feeling )and the market segment which is due for great growth. The appointment of ex cisco boss ( who grew the company by acquisitions )only strengtened my views. The management learnt from the early mistakes and the news flow has only been positive. IMO can not see any downside at present and if the news flow is good over the next couple of weeks it should hold breakup but I think a pull back has to happen as MMs will try to squeeze out short or nervous. One thing is for sure I WILL NOT BE ONE OF THEM, I want that Aston Martin & house.

Cheers - look forward to your postings

Hi kandrews

Aston and a house you must hold a few more than me, I'm just looking forward to retirement in 3 years... lol

Agree there will be retracement but then you get that with every share after a large rise. This is not for short termers as them will only get burnt but if you are a longterm holder the chances are you will make money possibly alot. Ian Smith has done great things with this company and this is only the start. Dont forget they have heads of agreemnents for a VoIP company as well as a Storage company.

The future looks very bright and with alot of companies having to upgrade their network systems Matrix looks well placed for the future. Network security is also at the forefront of peoples minds and the growth in this area is huge. Intrinsic's recent award will only enhance its current position in this field.

Good luck to all that hold.

So right martincoops, this takes me back to pipex which i bought at just over 1p when it was zipcom and finally got out at 12p as there are just to many shares and it takes an atom bomb to move it now. I think good call as they were about 10.5 last time I looked and the money is better off in a more risky but payback share. 3 years is my view for this one and in the mean time working on my spreads accounts. Have a good night and lol for the rest of week

Cheers

Morning all

This was taken from the advfn site this morning

21/04/04 07:28 AFXF AFX UK at a glance share guide - 2

Express
Who's dealing? AIR PARTNER (chairman sells 1.5 mln shares at 420 pence) - Share
whisper: MATRIX COMMUNICATIONS (rumours it is close to a major deal with
Vodafone)

Cheers

I'm back in again from Tues gains, so it would seem are many others, large buys going through now. :o))

oh no i sold me emerald at 1.40 this morning and bought matrix at 4p now matrix gone down and emerald gone up someone just bought in 2million at 1.5 what do they know oh this is kevin bye

I know how you feel I bought EEN on Mon @ 1.35 x 120000, sold @ 1.40 ouch! now 1.90 +(545).
Then bought MXC @ 3.98 M/M playing silly beggers with price imho. I'm well up with CFP so not all gloom!
Cheers..

Wow, what is happening today or for that matter this week, can anyone throw any light on why this is moving so rapidly, are we about to see an announcement regarding vodafone contract? Since name change and appointment of new director this share has been motoring....

Are they going to continue going up and are they worth buying now????

Hi rkausar

This is a growth stock with a good future as past posts have stated, it has a lot in place and good news is expected, if that happens the price IMO will move a bit,hard to say how much as it depends what is now in the current price. I do not know if you can still access the old OST thread as this gives a lot on the background. There will have to be some profit taking soon as any movemnt back will spook some people. Could end up trading in 3.75 - 4.25 range for a while (i hope no lower)to gain momentum for push through next level. As always IMO and DYOR. Lots of luck with what ever you decide.

Thanx for the advise kandrews. I'm new in this share game and I have a tendency to sell at the wrong time. I have bought shares in the past which after selling have done exteremly well. Any advise would be much appreciated!!!!

Or should I say some tips guys!!!!!!

Good thread on Sharecrazy.com

Hi rk, This is not the thread to give this detail but it sounds like you are entering without a clear entry exit levels, in other words trying to enter on shares which are on break out,you will nearly always miss agood % of the rise and will face the pull back, if you do not know the company you are then likely to panic and sell. Need to set your own trading criteria then search till you find the shares that meet this. Understand the share, sector, market then watch and listen. Set entry level then watch and wait, if it hits your criteria and chart indicators look good then go. For tips direction search the bb, look for a person who gives good background details and check how they perform against this this will help support or give you possible candidates. There are some good people on this board who post good info, but be aware you must do your own research and do not take these as tips, they may be trading on a different strategy to you and it is only a view. Hope that helps...and remember I may be wrong this is only my view

regards ka

NO WATCH THIS SHARE WILL CARRY ON CLIMBING ON MONDAY IT SHOULD REACH 4.75P ANDMORE DURING THE WEEK

KEVIN88889 I do hope you are right will make anice start to the week, which ever way next target 5p barrier

Matrix buys again

Matrix Communications, the telecoms group formerly known as Offshore Telecom, is close to making another acquisition. The company is assembling a suite of products to turn itself into a useful provider of telecoms and IT network help to its blue-chip clients, and is said to be paying 2.3m for Decorum Networks, a specialist in voice over IP, a key telecoms technology. Decorum's customers are a fine list, too, including the City of London Police and Swiss Life.


http://news.independent.co.uk/business/analysis_and_features/story.jsp?story=515203
http://www.decorum.co.uk/main.htm

HI FOLKS KEV HERE WOW AT 8.15AM BUY WAS 4,90 THEN A PULLBACK BUT UP IT WILL GO THIS TIME NX YEAR WILL B MILLIONAIRES THIS ONE IS GOING ALL THE WAY GOODLUCK ALL