Small-cap round-up: featuring Helical, The Mission Group, Accrol and more…

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Small-cap round-up: featuring Helical, The Mission Group, Accrol and more…

In this weekly summary, Mark Watson-Mitchell updates his readers on previous company profiles and other news of interest from the exciting world of small cap stocks…

The 24.03.20 CV19 Market Recovery Portfolio + 31.46%

Despite the market falling back this week, this portfolio of 10 stocks continues to show a positive performance over just seven ‘lockdown’ weeks. The FTSE100 Index is up 7.12% in the same time frame.

Helical (LON:HLCL) – figures due next week

Despite landlords across the country having to take hits as tenants delay or even suspend rental payments, I still consider that the shares of this prime office developer and investor look very attractive.

The final results for the year to end-March 2020 are due to be announced next Thursday. Even allowing for any Covid-19 impact, I am anticipating confident news from the group, especially with regard to its funding and its net asset values.

Its shares, having fallen from the 540p level in mid-February to 200p a few weeks ago, mid virus collapse, have subsequently rebounded to 365p two weeks ago. After hitting just 275p yesterday afternoon they close the week at around the 286p level.

I see them edging back up again to at least 350p – I remain a total fan of this company, its management style and portfolio potential.

Profile 11.06.19 @ 389p set an end-2020 Target Price of 500p *.

The Mission Group (LON:TMG) – hoping for a good AGM Update

A roller coaster ride is a good way to describe the share price performance of this specialist agencies group.

Mid-February they peaked at 108p and within a month had fallen to a low of 33p. They picked up to touch 67p two weeks ago, before sliding back to the current 50p.

The group’s AGM is due in one month’s time, so let us hope for a clear picture on just how the company has dealt with Covid-19, how it is trading and what its prospects are for the balance of this year.

I like the feel of this international and creative agency enterprise and believe that it will prove to be a winner in the making.

At the market price of 51.5p the shares are trading on a mere 5.5 times historic earnings – even allowing for virus impact they are cheap.

Profile 04.02.2020 @ 88.5p set an end-2020 Target Price of 125p.

Accrol Group (LON:ACRL) – strength offers greater value

The recent performance of the shares in this loo roll and tissues maker has been impressive.

It has been helped by brokers Liberum Capital calling them out as a ‘strong buy’ looking for 75p.

That could well help to push them even higher yet, especially with the second-half Ttading update due to be issued within weeks.

The shares close the week at around the 44.75p level.

Profile 12.03.19 @ 22p with no TP having been set.

Angling Direct (LON:ANG) – getting hooked up again?

News this week from Boris that effectively encouraged UK citizens to return to angling has been more than good for this fishing tackle retailer and online supplier.

Its shares fell away to as low as 25p six weeks ago, so the recent move upwards to 69p this week has been impressive.

It has also been helped by hopes of positive comment about future prospects when the company announced its results for the year to end-January 2020 will be declared on Tuesday 3 June.

Until the figures and the statement are out the shares should not be chased.

Profile 29.10.19 @ 58p set an end-2020 Target Price of 100p.

(* denotes that Target Prices have already been attained.)

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