Small Cap Value Report (Tue 16 Aug 2022) - TED, SPE, SMRT, HARL, TRB, TRMR, CGS - News Summed Up

Small Cap Value Report (Tue 16 Aug 2022) - TED, SPE, SMRT, HARL, TRB, TRMR, CGS


Agenda -Paul's Section:Ted Baker (LON:TED) - an agreed cash takeover bid is announced at 110p, only an 18% premium. The 3 biggest shareholders (including the founder) have agreed it, so the company's trading and outlook can't be much good. Smartspace Software (LON:SMRT) - H1 trading update today is in line with expectations. Although sticky customers, with recurring revenues, could be attractive to a bidder - software companies often attract perplexingly high takeover bids. Castings (LON:CGS) - a reassuring trading update today, shows that CGS is coping well with supply…


Source: The Guardian August 16, 2022 14:12 UTC



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