Small Cap Value Report (Thu 25 July 2019) - EMR, AML, ACSO

Good morning, it's Paul here.
Thanks for the positive comments yesterday. Things work much better when I'm at home, on the south coast, and can properly devote my energies to these reports. It all goes haywire when I'm in London, so will keep away from the capital, for the time being, and certainly in this heatwave.
To catch up on a couple of things from yesterday;

Empresaria (LON:EMR)
Share price: 68.5pNo. shares: 49.0mMarket cap: £33.6m
I remember when some friends and I met management of this small, international staffing group, about 4 years ago. We came away with the idea that it was good value, and I bought some stock at about 56p. Anyway, it's largely done a Grand Old Duke of York since - as so many shares do actually. Perhaps we like to kid ourselves that we have great insights, but in reality, we often just get lucky in catching an upward surge in share price, that subsequently reverses.
One issues that bothers me with Empresaria, is the unexpected departure of the former CEO called Spencer Wreford. At company meetings (he was previously CFO) he seemed to be in control of the facts amp;...