Morning all, it's just Paul here today, with the SCVR for Wednesday.

Today's report is now finished.

Explanatory notes -

A quick reminder that we don’t recommend any stocks. We aim to cover trading updates & 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 & nobody can predict the future with certainty.

We stick to companies that have issued news on the day, with market caps up to about £700m. We avoid the smallest, and most speculative companies, and also avoid a few specialist sectors (e.g. natural resources, pharma/biotech).

A key assumption is that readers DYOR (do your own research) - don't blame us if you buy something that doesn't work out. Reader comments are welcomed - please be civil, rational, and include the company name/ticker, otherwise people won't necessarily know what company you are referring to.

Agenda -

Paul's Sectioon:

Restore (LON:RST) - (from yesterday) - RST has successfully fought off a semi-hostile takeover approach from Marlowe (LON:MRL)

Goodwin (LON:GDWN) - results for FY 04/2021, look good. The valuation has come down to a more reasonable level. Sound balance sheet & cashflows. This share looks interesting to me on a quick review of the numbers, and could be worth readers doing your own more detailed research.

Rps (LON:RPS) - Interim results are nothing to write home about, with increased profits coming from cost-cutting rather than revenue growth. Balance sheet still quite flimsy, although helped by a placing last year which increased the share count by 20%. One for sector experts I think, as there's nothing much in the figures or outlook to excite me.

Woodbois (LON:WBI) - poor interim results from this AIM-listed African timber company.

Hostelworld (LON:HSW) - multiple issues with this share, so I'm steering clear.

Restore (LON:RST)

490p - mkt cap £669m

Bid talks off

Marlowe (LON:MRL) announced yesterday that it does not intend to make an offer for Restore, as acceptable financial terms could not be agreed. RST mounted a spirited defence of its independence, with most of…

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