Small Cap Value Report (Weds 28 Aug 2024) - WINE, TUNE

Good morning, it's Paul amp; Graham here!
Update from Graham: Hi everyone, I have a brief interview tomorrow with the CFO of FTSE-250 hotel group PPHE Hotel (LON:PPH). If you have any questions you'd like me to submit to him, please let me know in the comments below.  PPHE is a company I've been positive on, e.g. when it announced its most recent share buyback in July. So I'm looking forward to an interesting chat with the CFO, and some reader questions would be appreciated - cheers!

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...