Small Cap Value Report (Tue 18 Oct 2022) - FCAP, RBG, 888, SOS, SED
Good morning from Paul amp; Graham!
Audio interview - this latest one is me talking yesterday to the CEO of Sanderson Design (LON:SDG)
I think Lisa Montague's passion for the business comes across really well in this discussion. Obviously in current macro conditions, anything could happen, but the company did confirm full year market expectations recently. Organic expansion in America seems the main growth strategy, where SDG is only scratching the surface of a large market. Bulletproof balance sheet too. This is near the top of my personal watch list, to buy back in at some point. Lovely strong balance sheet too.
I'll type up a written summary amp; post it here later today, for those who don't have time to listen to the audio.
Agenda
Paul's Section:
finnCap (LON:FCAP) - confirms press (Sky again!) reports that it has received a takeover approach from rival broker Panmure Gordon. I give my thoughts on this below, and hope that Finncap remains independent, as it has been a good friend to the private investor community, providing us with research, and access to company management teams. Whereas Panmures, not so much - could try harder.
Revolution Bars (LON:RBG) - announces FY...