Good morning, it's Paul & Roland here with the SCVR for Weds. Many thanks to Roland for stepping in to help, so that Jack can have a few days off.

Timing - TBC. Very busy again for company reports, so we'll get through as many as we can by mid-afternoon.

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.

Agenda -

Paul's Section:

Virgin Wines Uk (LON:VINO) - trading update for FY 06/2021, with revenues & EBITDA "marginally higher" than previously expected, following a strong finish to the year. Demand is still good. I'm warming to this share, but still want to wait and see how demand and growth settle down post-pandemic.

Pci- Pal (LON:PCIP) (I hold) - another positive trading update, with guidance given in early June now exceeded, for FY 06/2021. Still loss-making, but very strong organic growth augurs well for the future. Plenty of cash following recent placing.

Creightons (LON:CRL) - Results for FY 03/2021 look very good - boosted somewhat by one-off sanitiser sales in lockdown 1, although there were also negative hits from covid. Weighing up those offsetting points is a key point for investors to consider. Very nice balance sheet. Looks a decent company, at a reasonable price, I like it!

Roland's Section:

Loungers (LON:LGRS) - full-year results for the year to 18 April. These numbers were always likely to be poor, but the company appears well positioned to move forwards from the pandemic.

Tristel (LON:TSTL) - a modest upgrade to profit guidance appears to…

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