Small Cap Value Report (Mon 23 Apr 2018) - ZOO, FFX, UTW

Good morning! Some updates which have caught my eye:

Zoo Digital (LON:ZOO) - Trading update. "Confirms guidance for the full year results".FairFX (LON:FFX) - Full year results for 2017. New year off to a good start, outlook for 2018 in line with expectations.Utilitywise (LON:UTW) - Interim results. "Overall performance" in line with expectations. Anticipates softer H2 in the Enterprise Division thanks to 72% employee attrition rate.Safestyle UK (LON:SFE) - Trading update. Competitor activity has intensified. 2018 revenues and underlying PBT to be "significantly below market expectations". Strategic review. Cancels the dividend.Lok'n Store (LON:LOK) - Interim results. "Profits and margins continue to grow rapidly." Confident outlook.£D4T4 - Year end trading update. Adjusted profit to be slightly ahead of expectations. Confident that it can achieve expectations in the new financial year.

I'm writing this from a hotel room in Central London. The UK Investor Show was good fun on Saturday - congrats to Ed for his talks and to the entire team for a very impressive exhibit!