Small Cap Value Report (Thu 21 Mar 2024) - JDG, XLM, HSW. Quick: GTC, POLN, SBDS
Good morning from Paul amp; Graham.
Right to reply - XP Factory (LON:XPF) - we're always happy to talk to companies if they think we've got something wrong in the SCVRs. I had a call yesterday from a rather miffed CEO of this experiential leisure company. He said that the deficit on the lease entries on its balance sheet was due to netting off landlord contributions (creditors - for rent-free periods and reverse premiums) against the Right of Use Asset. That sounds plausible, so I've asked for more information, and will publish that here when it comes through. Just wanted to flag it straight away.
Explanatory notes -
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We stick to companies that have issued news on the day, with market caps...