FormerXBC Inc XEBEQ

RE:Beaten down Xebec is a buy, this fund manager says

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Murray says the end result is that the company is now in a better position, which should be enough for investors to take another look at the stock. It seems like thats going to turn around and theyre starting to rehire and rebuild the management team. Theyre trying to win some new contracts again, Murray said. So, at this price we think its a good entry point. With these companies, the newer companies or smaller companies, theres going to be growing pains as they go along, and I think Xebec is well-positioned to benefit from this clean tech revolution that we think were going to see a lot of spending in over the next decade, he said. So its one that Id be looking at. Weve been buying it at these prices in our Canadian portfolios, Murray said.