Small Cap Value Report (Mon 22 July 2024) - BKS
Good morning, Paul amp; Graham here!
Let's hope the IT problem that caused so many problems globally on Friday has now been resolved, with prompt RNSs at 7am hopefully. Update: so far, so good!
Mello Monday starts 17:00 later today - details here. One of my favourite shares over the last couple of years, Cohort (LON:CHRT) is presenting. Having done so well, do the shares have further upside? I believe Richard Crow is on the BASH panel, he's always worth listening to.
Begbies Traynor (LON:BEG) - it's the quarterly Red Flag Alert Report - which is particularly gloomy this time, even by Begbies standards! There's been a considerable increase in companies classified as being in "significant financial distress". Especially in travel amp; tourism, hotels, health amp; education, and bar/restaurants. "Serious concerns" remain in construction, real estate, and support services sectors.
Explanatory notes -
A quick reminder that we don’t recommend any shares. We aim to review trading updates amp; results of the day and offer our opinions on them as possible candidates for further research if they interest you. Our opinions will sometimes turn out to be right, and sometimes wrong, because it's anybody's guess what direction market sentiment will...