Good morning from Paul & Graham! Today's report is now finished, as I want to spend some time after lunch typing up the podcast written summary.


Paul's Section:

Episode 21 of my weekly summary podcast went up as usual on Saturday. There were 4 mystery shares this week (being my best stock picks of the week, reserved solely for Stockopedia subscribers). So see Wednesday's SCVR for all of these (the whole report is mysterious, apart from McBride) which are (in my opinion) the best value/GARP shares of the week.  It's great fun recording these podcasts, and feedback from listeners at Mello last week was really positive, so I now know it's worth creating them, and they're not too serious, so hopefully also an entertaining & fast moving listen. I haven't got round to typing up the written summary yet, that will probably have to follow tomorrow, as I have to somehow get back to Bournemouth from London today, on a rail strike day. So this afternoon could end up spending 5 hours sitting on a bus. What joy! We seem to have been teleported back to the 1970s, with another winter of discontent looming. As my mother likes to say, "I think mankind is going backwards!"

Accrol group (LON:ACRL) - an upbeat-sounding H1 trading update. After a lot of problems in the past, things now seem to be improving, with a decent level of profitability having been achieved again. Although I still have questions about the business model, so it's not for me.

Focusrite (LON:TUNE) [quick comment] - announces today that the audit for FY 8/2022 numbers is taking longer than expected, so the date is pushed on from 29 November, to 8 December. Importantly, it also reassures that there is no change to profit guidance from the trading update on 14 Sept. It makes me nervous when companies delay accounts, as it can mean something nasty has emerged during the audit. However in this case, I think TUNE has a strong track record, and re-confirming guidance is a reassuring sign. Shares have fallen right back to immediately pre-pandemic levels, and look more sensibly priced now, so could be worth a fresh look. There is question mark over whether the large rise in pandemic profits is sustainable though? [no section below].

Pod Point group (LON:PODP) - my first review of this…

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