Small Cap Value Report (Wed 7 August 2024) - MORE
Good morning from Paul amp; Graham.
FTSE 100 futures are showing we could be in for nice bounce today. Has this been a "flash crash" I wonder? Hope so, as I did some buying yesterday for 11 shares that had been on my watchlist, but were put on mid season sale earlier this week! After all, the idea is to buy low and sell high (BLASH), something that's easy to forget when caught up in the drama of a sudden sell-off.
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 take amp; nobody can predict the future with certainty. We are analysing the company fundamentals, not trying to predict market sentiment.
We stick to companies that have issued news on the day, with market caps (usually) between £10m and £1bn. We usually avoid the smallest, and most speculative companies, and also avoid a few specialist sectors (e.g. natural resources, pharma/biotech,...