Small Cap Value Report (Fri 19 April 2024) - 888, FNX
Good morning from just Paul today, with it being Friday.
Not much news today, so it'll be a catch-up day. I've got a list as long as my arm of companies to review (SAGA first), so no more requests please, there's masses to do, so I should have a big report done by lunchtime. It's overcast amp; windy here in Gozo, so there's nothing else for me to do!
Overnight news suggests that Israel may have launched a retaliatory missile strike against Iran, which is unsettling the futures. This is not the right place for discussing geopolitical issues, but it's likely to have some impact on markets, as the situation seemingly escalates. Two powerful nations directly firing missiles into each other's territory (rather than via proxies) is certainly an escalation. Let's try to stick to the impact on markets amp; economics here, rather than going down the rabbit hole of the politics of it all, which is definitely best left to all the vocal, self-appointed experts on social media!
Explanatory notes -
A quick reminder that we don’t recommend any stocks. We aim to review trading updates amp; results of the day and offer our opinions on them as possible candidates for further...