Small Cap Value Report (Weds 26 June 2024) - CMCX, MEX, VLX, MSI, W7L

Good morning from Paul!
All done for today, sorry for some sections being slow to gestate.
Starting off with my delayed review of CMC Markets (LON:CMCX) below, mine and Graham's star performer from our 2024 shares ideas lists, up 200% YTD - is it time to take profits, or has it got further to run? Who knows, that's for the market to decide.

Explanatory notes -
A quick reminder that we don’t recommend any shares. We aim to review trading updates amp; results of the day and offer our opinions on them as possible candidates for further research if they interest you. Our opinions will sometimes turn out to be right, and sometimes wrong, because it's anybody's guess what direction market sentiment will take amp; nobody can predict the future with certainty. We are analysing the company fundamentals, not trying to predict market sentiment.
We stick to companies that have issued news on the day, with market caps (usually) between £10m and £1bn. We usually avoid the smallest, and most speculative companies, and also avoid a few specialist sectors (e.g. natural resources, pharma/biotech, investment cos). Although if something is newsworthy and interesting, we'll try to comment on it....