Matrix Communications - Charts + News + Analysis

Bish100, You're right about the Vod deal, it may retrace if it isn't up to market expectations (whatever that maybe). On the other hand it might be way ahead of expectations & if it is, 20% will probably be exceeded. Various papers have quoted that brokers hope this deal may lead to others similar. I imagine this is because all UK mobie operators have agreed with the government to introduce filtering systems, Vod was the 1st to do it through MXC. Will the other mobile operators look at the various other systems out there, or go for MXCs which has been tested & works. The other thing to consider is that reporting restrictions were imposed on Matrix in March for the UK deal, this may well be the case for the global deal, we may not find out the value of the contract, just the duration & number won. Away from Vod, Matrix grp co’s are performing well above target (see trading update 1 Nov), winning various awards for being European seller/resellers & making acquisitions that are profitable. The finals on 10 Jan will be above market expectations, but by how much is anybodies guess. However, because of all the acquisitions the bottom line will be affected. On the back of this, I think its fair to say that Matrix isn't a "pure punt" for many here, but best of luck with yours if you feel that it is.