Small Cap Value Report (Tues 13 July 2021) - SNWS, CIR, SOLI, HOTC
Good morning, it's Paul amp; Jack here with the SCVR for Tuesday. Timing - TBC Disclaimer - A friendly reminder that we don’t recommend any stocks. We aim to cover notable trading updates amp; results of the day and offer our opinions on them as possible candidates for further research if they pique your interest. We tend to stick to companies that have news out on the day, and market caps up to about £700m. We avoid the smallest, blue sky type companies, and a few specialist sectors (e.g. resources, pharma/biotech). A central assumption is that readers then DYOR (do your own research) and discuss in the comments below. The comments, incidentally, sometimes add just as much value as the articles. We welcome all rational views, whether bull or bear! It's helpful if you include the company name or ticker within reader comments, otherwise some readers may not be aware of what company you are commenting on. Agenda - Paul's Section: Smiths News (LON:SNWS) (I hold) - an unexpectedly positive trading update, from this distributor of newspapers amp; magazines. Obviously an activity in structural decline, but it's now a cash cow, with lucrative dividends...