Small Cap Value Report (Tue 16 April 2024) - SDRY
Good morning from Paul amp; Graham! The SNS (Sky News Service!) was saying last night that Superdry (LON:SDRY) is about to announce details of a CVA to reset its rents to an affordable level, so I’ll keep my eyes peeled for that. EDIT: see details of restructuring amp; fundraise below. 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 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). A key assumption is that readers DYOR (do your own research), and make your own investment decisions. Reader comments are welcomed – please be civil, rational, and include the…
Source: https://www.stockopedia.com/content/small-cap-value-report-tue-16-april-2024-sdry-994797/
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