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Today's trading update is about as encouraging as one could expect in the current climate:

- 80% of RNWH's activities are deemed critical
- H1 to 31st March is nicely in line with forecasts
- Carnell integration is going well
- the most profitable Engineering Services divisions are those deemed critical
- cash generation is strong and the Balance Sheet sound
- the management team are sound/responsible and have cut their salaries by 20% and implemented cost reductions/deferrals

The share price is down by 30% from prior levels - given that 80% of activities are critical, hopefully the current situation is more than priced in already.

Up another 10% now today.

Moving up seemingly on every buy.

That's a confident gesture, with MWE stating they're one of the few companies around who are still going to pay their 2c dividend....

Https://www.investegate.co.uk/mti-wireless-edge--mwe-/rns/amendment-to-dividend-payment-date/202003311149532258I/

"Moni Borovitz, CEO, commented "In light of the current COVID-19 crisis, earlier this month the board reviewed its decision to pay a dividend and having considered the Company's strong balance sheet and the outlook for our industry, we decided that the dividend payment should proceed"."

Good to see buying just now at 45.5p and then 46p - well above the 45p published offer price.

Peel Hunt have upgraded Cranswick to a Buy - you might just as easily substitute VLE (or Shire Foods) for Cranswick in this article:

Https://www.proactiveinvestors.co.uk/companies/news/916146/cranswick-churns-out-sausages-at-top-speed-as-coronavirus-drives-up-prices-916146.html

"Cranswick PLC (LON:CWK) is likely to be benefitting from the surge in demand for food through UK retailers amid the coronavirus lockdown, as well as from higher prices and demand for pork in China, analysts reckon....

“Schools are unlikely to return until autumn and summer holidays are likely to be spent at home, which means demand through retailers will remain high,” the Peel Hunt analysts said in a note to clients.

Over at Liberum, analysts also seemed to have picked up that Cranswick “continues to trade well” in its core UK market amidst high consumer demand for staple protein sources of sausages, bacon, ham and chicken.

”With food and farming deemed essential by the government during the coronavirus crisis, all of Cranswick's facilities are running at high operating rates, the Liberum analysts said in a separate note on Monday.

I came across this article from last week about George Ensor, Fund Manager for the River & Mercantile UK Micro Cap investment trust:

Https://citywire.co.uk/investment-trust-insider/news/ensor-don-t-miss-my-double-discount-on-uk-micro-caps/a1333658?re=73059&ea=218441&utm_source=BulkEmail_Investment+Trust+Insider+Daily&utm_medium=BulkEmail_Investment+Trust+Insider+Daily&utm_campaign=BulkEmail_Investment+Trust+Insider+Daily

"We also have a pick and shovels play in Capital Drilling (CAPD), which leases drilling equipment to gold miners in Africa,’ he said.

Ensor is not a thematic investor buying stocks that are part of a broader trend. Instead he screens for stocks that have a clear growth story, an attractive valuation and a specific catalyst for why the shares should do well."

Today's RNS shows KAPE will be one of the few beneficiaries of this crisis....

Https://uk.advfn.com/stock-market/london/kape-technologies-KAPE/share-news/Kape-Technologies-PLC-COVID-19-Update/82121285

"As a result of the restrictions being imposed on movement across the globe in response to the COVID-19 pandemic, and an increase in both remote and home working, Kape has seen increased demand for its products. This has been especially apparent within the Group's digital privacy division, and in particular Kape's VPN offering has experienced increased demand globally but most notably from North America and Europe".

Kestrel Partners continue to buy quickly. They've another 1.25m shares in just 3 working days since their last holdings RNS, and they now have 30.3m shares, or 16.03%:

Https://uk.advfn.com/stock-market/london/centralnic-CNIC/share-news/CentralNic-Group-PLC-Holdings-in-Company-Correcti/82113612

Nice 110,000 share buy this morning at 13.5p - a full 0.5p premium above the published 13p offer price. Very keen.

Interesting to see the palm oil price moving back up. It's certainly still materially ahead of this time last year even with its drop from recent highs.

Obviously general demand will have reduced given the economic slowdown, though food and healthcare product sales should continue to remain high. However, Malaysia is on lockdown and Indonesia may follow suit. If DKL can keep trading through this then they may benefit from supply constraints which keep palm oil prices at pretty decent levels.

Cora Gold have announced commencement of drilling at their Madina operations in Senegal. This will be another CAPD drill:

Https://www.investegate.co.uk/cora-gold-limited--cora-/rns/drilling-commenced-at-permit-in-senegal/202003300700069253H/

Good news today as hoped - and also SUR have become one of the few companies pledging to pay their dividend rather than defer it!

Https://uk.advfn.com/stock-market/london/sureserve-SUR/share-news/Sureserve-Group-PLC-COVID-19-Update-and-Dividend-P/82108592

"a number of companies within the Sureserve Group have been classed as Key Service providers to critical sectors under the UK Government Guidelines in relation to COVID-19. As a result, these Group company employees are recognised as Key Workers and it is deemed essential that they continue to perform their duties".

It looks like Liontrust are buying every share they can get their hands on.

They've bought another 500,000 shares in a day, and now have 3.78m shares, or 13.67%:

Https://www.investegate.co.uk/accesso-technology/rns/holding-s--in-company/202003271334149112H/

Yet VLE still only has a £25.2m m/cap - against around £19m-£20m net cash and therefore a valuation for Shire Foods of only around £5m.

Shire made £0.85m PBT in 2018 and was already on track for a much improved 2019 after H1'19's good results. With the curent crisis, we now know that Shire's products have been flying off the shelves and should continue to do so.

I'm really looking forward to the next trading update.

Excellent news - nicely timed to get US investors even more interested pre-NASDAQ:
https://www.investegate.co.uk/gan-plc--gan-/rns/gan-confirms-internet-gambling-in-michigan-state/202003270700078408H/

- new Chippewa Indian client for GAN's internet gambling platform in Michigan with 5 casinos
- new online business with a major U.S. casino operator client

"With a population of 10.0 million (3.1% of the U.S. population), the Michigan Internet gambling market is forecast to generate $377 million in Gross Operator Revenue in the first 12 months of operations, increasing to $836 million in the fourth operating year (source: Regulus Partners, an International gambling consultancy)".

"Due to the extent of the Client's substantial assets, this Client's Internet gambling business is currently anticipated to be a significant contributor to GAN's full year revenues in 2021."

That's about as good a Covid-19 update as we could hope for at present:

"the business remains fully operational and is manufacturing brake discs with sufficient raw material and component inventory to continue to do so for some months. Since the start of the year, the Company has not yet received any notification of orders being rescinded or OEM deferment of pre-contracted purchases."

Mark Watson-Mitchell has compiled a list of his ten favourite post-Covid-19 recovery stocks - SUR is one of them, with a 50p target price:

Https://masterinvestor.co.uk/latest/mark-watson-mitchells-cv19-recovery-portfolio/?utm_source=Daily+Bulletin&utm_campaign=53a7277e8d-Daily_Bulletin_2020325&utm_medium=email&utm_term=0_25eff0bb7f-53a7277e8d-34898813&mc_cid=53a7277e8d&mc_eid=db9f9bbaf2

Still a long way to go though imho with the gold price around $1,640 now.

Mark Watson-Mitchell has compiled a list of his ten favourite post-Covid-19 recovery stocks - CAPD is one of them, with an 80p target price:

Https://masterinvestor.co.uk/latest/mark-watson-mitchells-cv19-recovery-portfolio/?utm_source=Daily+Bulletin&utm_campaign=53a7277e8d-Daily_Bulletin_2020325&utm_medium=email&utm_term=0_25eff0bb7f-53a7277e8d-34898813&mc_cid=53a7277e8d&mc_eid=db9f9bbaf2

A list of Medimark's anti-coronavirus products:

Http://medi-mark.co.uk/products/sector/category/CORONAVIRUS

Of the 11 products for sale, only one is sold out:

Https://medimark.myshopify.com/collections/all

And there's a new statement on Medimark's web site:

Http://medi-mark.co.uk/media-centre/article/statement-regarding-opportunistic-profiteering

"STATEMENT REGARDING OPPORTUNISTIC PROFITEERING

There have been multiple reports of hand sanitisers and other disinfectant products being sold on Amazon, Ebay and by companies at significantly elevated prices, driven by opportunistic profiteering. Trading Standards and the Government has already made statements regarding task forces to crack down on this practice and some countries have set limits on the prices of certain products.

Medimark Scientific takes a moral and ethical approach to pricing and sale of our products and we strongly distance ourselves from any company that would use this crisis for the purposes of profiteering.

Rest assured that the price you pay today is unchanged through this crisis!

For more information and assistance please call 01732 763555."