Small Cap Value Report (Wed 16 Oct 2024) - GMS, VLX, SDG, XPS, MONY
Good morning from Paul amp; Graham!
UK Inflation Falls
ONS data out this morning shows that CPI inflation data for Sept 2024 shows a sharp fall to 1.7% (due to a sharp rise last Sept dropping out of the comparatives). As the press are reporting, this probably makes it more likely that we'll see further interest rate cuts - which should be good for equities of course.
Excerpt -
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, investment cos). Although if something is...
UK Inflation Falls
ONS data out this morning shows that CPI inflation data for Sept 2024 shows a sharp fall to 1.7% (due to a sharp rise last Sept dropping out of the comparatives). As the press are reporting, this probably makes it more likely that we'll see further interest rate cuts - which should be good for equities of course.
Excerpt -
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, investment cos). Although if something is...