Small Cap Value Report (21 Apr 2016) - UCG, LAKE, CNS, TRK, MPM

Good morning!It's very quiet for results/updates today too.Ed's webinar starts at 12:30 today. These are always very intereting, often pointing out useful features within Stockopedia that I didn't know were there! The focus today is on the thousands of new international shares that have just been added to the site.United Carpets (LON:UCG)Share price: 13.0p (up 16.9% today)No. shares: 81.4mMarket cap: £10.6m(at the time of writing, I hold a long position in this share)Trading update - for the year ended 31 Mar 2016. This company describes itself as:United Carpets Group plc, the second largest chain of specialist retail carpet and floor covering stores in the UKAs the map on its website shows, its shops are clustered mainly in the Midlands, and North of England. Apart from one shop which seems to have escaped to South Wales. Note that the areas recently hit by flooding seem to be reasonably near to UCG's stores, so perhaps it has received some benefit from customers having to replace flood-damaged carpets?Trading has been good:...pleased to announce that the improved trading performance seen in the first half of...