Small Cap Value Report (Wed 11 July 2018) - BRBY, SWL, ORCH, SFE, BLTG, SOS
Good morning!
Football is the major story today. There's also quite a lot of stock market news:Swallowfield (LON:SWL) - trading updateOrchard Funding (LON:ORCH) - application for bank licenceSafestyle UK (LON:SFE) - trading updateBlancco Technology (LON:BLTG) - trading updateSosandar (LON:SOS) - final results (this section written by Paul Scott)10:30 AM: I have taken Alpha FX (LON:AFX) off the list, because it's an "in line with expectations" update. I've also taken Fishing Republic (LON:FISH) off the list, because its market cap is so small. Paul will be in touch soon with his thoughts on Sosandar (LON:SOS).
12:45 PM: Ditched a few more.
It's too big for this report, however one of my top holdings Burberry (LON:BRBY) released a Q1 trading statement that was in line with expectations.
Retail revenue was flat due to...