The Small Cap Value Report

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Small Cap Value Report (Fri 20 Apr 2018) - REC, BON, DIS

Good morning!

I have a flight this afternoon, so I apologise in advance for comments which will be more brief than usual.

Some announcements which have caught my eye:

Record (LON:REC) - Q4 trading update. Reduction in AUM-equivalent (I hold).Bonmarche Holdings (LON:BON) - trading update. FY 2018 (ending in March) is in line with expectations.Distil (LON:DIS) - trading update. FY 2018 (also ending in March) in line with expectations.

There's not much else to report in small-cap land, apart from a tiny…

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