Small Cap Value Report (Fri 17 May 2024) - PFD, FRP, FA., XLM, COST

Good morning, just Paul today!
I'll leave it there for the day and the week. Have a lovely weekend, and don't miss my next thrilling podcast instalment this Sat or Sun :-)
Last call for Mello Chiswick, which is next week! The schedule of excellent speakers has gone live now. It's great for meeting amp; socialising with other investors too, and you get to meet management at Warpaint London (LON:W7L) - I think they deserve a beer or two from happy shareholders!

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...