MrC's Smallcap Sweeps for May 2023

[MrContrarian]

Smallcap Sweep. 02-May-23
MADE trade fade

Superdry (SDRY) confirms talks on fundraising of up to c.20% of cap. [SP=86.1 Cap=71m]
The Restaurant Group (RTN) trading encouraging. Ahead of mgmt expectations "on its medium-term margin accretion and deleveraging plans". [SP=40.08 Cap=307m]
Made Tech (MTEC) warns FY-May rev c. £40m and adj EBITDA £1.5m+, a miss. Blames clients delaying project starts. [SP=27.2 Cap=41m]
Kromek (KMK) $1.4m order from new customer, to be booked this FY. [SP=6.6 Cap=29m]
Hostmore (MORE) plans further cost reductions of £4.1m PA. Substantially all affected employees and service providers have now left. [SP=13.55 Cap=18m]
Tribal (TRB) gets an interim demand for $9.9m damages from Nanyang Technological University (which had purportedly terminated its contract). Co intends to dispute it. [SP=39.6 Cap=83m]
GENinCode (GENI) NHS accelerates implementation of LIPID inCode testing of patients suffering with hypercholesterolemia and familial hypercholesterolemia. [SP=15.5 Cap=15m]
Synectics (SNX) further $3m orders for surveillance system for Solaire Metro North casino. Delivery in Q4. [SP=106.3 Cap=19m]
Kitwave (KITW) guides FY-Oct slightly ahead of market expectations. [SP=268 Cap=188m]
Destiny Pharma (DEST) positive results from testing SPOR-COV in several COVID and flu research models. Supports potential as prophylactic nasal spray. [SP=32 Cap=30m]
Vianet (VNET) guides FY rev up 7% and op profit up c.30%, ahead of market expectations. [SP=69 Cap=20m]

In line: TLY, SMV
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian