Small Cap Value Report - Mon 16 May 2022 - MADE, OCN
Agenda -
Paul's Section:
Made.Com (LON:MADE) - a severe profit warning. Instead of recovering this year, losses are now set to increase considerably. Consumer discretionary, bigger ticket items, are clearly being slammed at present, due to the squeeze on consumers, but that's already been reflected in big share price falls. MADE has a strong balance sheet, so I'm not worried about insolvency risk. Big hitter new CFO joins.
Jack's Section:
Ocean Wilsons Holdings (LON:OCN) - a fall in volumes is offset by better revenue mix and foreign exchange rates at the operating division. Headwinds remain, with inflation and supply chain bottlenecks. This business is run for the long term so it could appeal to certain investors with its 5.7% yield and perennially high StockRank, but the shares are thinly traded and the share price has not made progress over the past decade.
Explanatory notes -
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