Small Cap Value Report (Fri 3 May 2019) - DPP, MYSL

Good morning, it's Paul here.

Apologies again that this week's reports have been so useless. I've had the worst flu for about 20 years, and it still hasn't properly cleared up. Obviously if I'd known it was going to be this bad, then I'd have made alternative arrangements.


DP Poland (LON:DPP)

Issues a Q1 trading update with no figures. All it says is;

Trading in line with management expectations

More stores are opened, despite the existing ones never having collectively made a profit.

It refinanced recently, with a 6p placing.

Based on performance to date (it's been listed, and burning cash for 9 years now), I don't see any value in this share.


MySale (LON:MYSL)

Is disposing of its UK operations, called Cocosa, for £1m, to focus on ANZ operations.

Looks a bit desperate. I've lost faith in management here, so won't be revisiting it.








Disclaimer

This is not financial advice. Our content is intended to be used and must be used for information and education purposes only. Please read our disclaimer and terms and conditions to understand our obligations.

View StockReports

Profile picture of Edmund ShingProfile picture of Megan BoxallProfile picture of Gragam NearyProfile picture of Mark Simpson

See what our investor community has to say

Enjoying the free article? Unlock access to all subscriber comments and dive deeper into discussions from our experienced community of private investors. Don't miss out on valuable insights. Start your free trial today!

Start your free trial

We require a payment card to verify your account, but you can cancel anytime with a single click and won’t be charged.