Small Cap Value Report (Fri 28 Jan 2022) - DOTD, EMR, RWI, TET, CHLL, AVON
Good morning! Paul amp; Jack here. Today's report is now finished.End of week podcast - we've just recorded it, so should be up on Spotify shortly! Search for "The Small Cap Value Report" or use this link. Agenda - Paul's Section: Dotdigital (LON:DOTD) - from yesterday. Despite an in line with exps update, the share price crashed 24%. I think the problem is - the shares ran way ahead of reality, and growth is now lacklustre. Costs are rising too. Doesn't deserve a premium rating in my view. Empresaria (LON:EMR) (I hold) - another solid trading update from this eclectic group of staffing companies. PER of 10 looks reasonable, and an upbeat outlook. Treatt (LON:TET) - a wordy AGM update, with no numbers. Seems reassuring. High valuation, so it could come under pressure in current sceptical markets. However, I do wonder if the broker forecasts could be set too low, given the new factory coming on stream? Nice company, but it's particularly difficult to assess whether the valuation is high, or not? Only time will tell. Chill Brands (LON:CHLL) - a quick look at interim...