Shows
PIWORLD Investor PodcastsThe Progressive/PIWORLD Market Call - Week ending 10th January 2025Progressive’s Jeremy McKeown and Gareth Evans discuss the week’s macro picture, the impact on investors, companies reporting & what to look out for next week.
00:00 Opener
00:52 Uncertainty around Trump
04:38 UK macro backdrop for 2025
06:38 UK news: Trading updates from Retailers & Christmas consumer spending
08:03 Investing in the UK with the current macro backdrop
12:37 Upcoming macro news:
US Non-Farm Payrolls (Fri 10 Jan)
UK Inflation Data (Weds 15 Jan)
US Inflation Data (Weds 15 Jan)
UK GDP Data (Thurs 16 Jan)
14:27 Outro
About:
Gareth Evans has 25 years’ research experience covering the Technology sector. An Oxford...2025-01-1014 minPIWORLD Investor PodcastsThe Progressive/PIWORLD Market Call - Week ending 20th December 2024Progressive’s Jeremy McKeown and Gareth Evans discuss the week’s macro picture, the impact on investors, companies reporting & what to look out for next week.
00:50 US rate reductions
04:44 UK Inflation and interest rates
06:53 Japanese interest rates
07:36 Other news: China, Russia, Trump
09:18 Idox (IDOX) and Petro matad (MATD)
10:48 Artisanal Spirits (ART)
14:01 Outro
About:
Gareth Evans has 25 years’ research experience covering the Technology sector. An Oxford University graduate, Gareth qualified as an accountant before starting his research career covering the Pan European Chemicals sector at the American Investment Bank Donaldson Lufkin...2024-12-2014 min
PIWORLD Investor PodcastsIn the Company of Mavericks - Long Short Equity Management with Richard Stuckey of EnnismoreProgressive's Jeremy McKeown and David Seaman of Alpha Cygni Investment Management are joined by Richard Stuckey, the manager of the Ennismore Global Equity Fund, to discuss the management of a long-short strategy in smaller global companies.
00:22 - Introduction
09:49 - Managing risk in a long-short strategy
22:30 - How does shorting affect the overall portfolio structure?
24:11 - Genus (GNS)
33:38 - Paradox Interactive
40:51 - Geographic diversity & considering macro risks
43:18 - Managing market inefficiency driven by mega-cap tech stocks, passive investment and meme-driven markets
47:10 - Investing mistakes and learnings
50:32 - Conclusion
About:
2024-12-1651 minPIWORLD Investor PodcastsThe Progressive/PIWORLD Market Call - Week ending 13th December 2024Progressive’s Jeremy McKeown and Gareth Evans discuss the week’s macro picture, the impact for investors, companies reporting & what to look out for next week.
01:00 Overview: Middle East Uncertainty, Trump
01:41 China’s monetary policy
02:31 USA
05:40 Springfield Properties (SPR) and VanElle Holdings (VANL)
06:36 UK - Ashtead and Games Workshop (GAW)
12:29 Forthcoming news:
Chinese production data (Mon 16 Dec)
UK inflation data (Weds 18 Dec)
US interest rates (Weds 18 Dec)
Bank of Japan interest rates (Thurs 19 Dec)
UK Interest rates (Thurs 19 Dec)
About:
Gareth Evans has 25 years’ research experience covering the Technology sector. An Oxford...2024-12-1314 minPIWORLD Investor PodcastsTalking Tech – Episode 13: Oxford Metrics (OMG) & FD Technologies (FDP)Progressive Analysts, George O'Connor and Ian Robertson’s regular review of the technology sector, including an overview of Oxford Metrics full-year results, reported last week, and FD Technologies focussing on its KX database business.
00:00 - Introduction
01:15 - Oxford Metrics (OMG)
07:38 - FD Technologies (FDP)
View Oxford Metrics (OMG) research here.
About: George O'Connor has been a financial analyst for the past 25 years, covering London-listed Software & IT Services, e-comm and hardware companies. George has worked for a variety of firms including Albert E. Sharp, Panmure Gordon and Stifel where he researched and communicated investment ca...2024-12-1122 minPIWORLD Investor PodcastsPIWORLD interview with Bill Fawkner-Corbett: Investing In Compounders and SIGnet membershipBill Fawkner-Corbett, Head of SIGnet, takes us through his journey of discovering Compounders and the reasons for investing in them. He gives one example of a mistake he made selling Microsoft, which made him realise he had no effective tool for valuing Compounders. In his subsequent reading, he discovered the Graham Formula, which gave him a method for calculating the PE ratio for a company based on growth. This set him on a search for alternative methods that would take account of other metrics (e.g. return on capital) in the PE calculation; his explanation of what he found is...2024-03-2732 minPIWORLD Investor PodcastsSecure Trust Bank (STB) Capital Markets Day - November 2023The STB Capital Markets Day was titled, A Pathway to delivery of Medium Term Targets of a £4bn loan book ambition.
The day focussed on V12 Retail Finance, referred to as ‘An emerging powerhouse’. V12 is delivering significant growth, structural improvement in its cost of risk and significant operational leverage and scalability through digitalisation of customer service. Then, Rachel Lawrence, CFO, goes on to provide an update on the Group’s medium term targets. The event was opened by Lord Forsyth, Chairman, with David McCreadie, CEO providing an introduction and closing summary, followed by analyst and investor questions.
Lord Forsyth...2023-11-091h 26PIWORLD Investor PodcastsSecure Trust Bank (STB) Interim results 2023 overview - August 2023David McCreadie, CEO gives an overview of Secure Trust Bank’s 2023 Interim results and an outlook for the rest of the year.
00:16 – STB and the Macro Backdrop
01:23 – Highlights for the period
04:14 – Growth strategy
05:48 – Performance by each business
08:18 – Summary and outlook
Secure Trust Bank PLC is a United Kingdom-based retail bank. The Company operates through four segments: Real Estate Finance, Commercial Finance, Vehicle Finance and Retail Finance. Its Real Estate Finance segment is engaged in lending on portfolios of residential property as well as the development of new build property. Commercial Finance segment offers lending, whi...2023-08-0910 minPIWORLD Investor PodcastsSecure Trust Bank (STB) Full Year 2022 overview - March 2023David McCreadie, CEO, gives an overview of Secure Trust Bank's (STB) Full Year 2022 results and outlook for the short and medium term.
00:23 Secure Trust Bank and the macro backdrop
01:18 Highlights of the period
06:40 ESG
07:35 Summary & outlook
Secure Trust Bank PLC is a United Kingdom-based retail bank. The Company operates through four segments: Real Estate Finance, Commercial Finance, Vehicle Finance and Retail Finance. Its Real Estate Finance segment is engaged in lending on portfolios of residential property as well as the development of new build property. Commercial Finance segment offers lending, which is predominantly against...2023-03-3008 minPIWORLD Investor PodcastsStockopedia/PIWORLD StockSlam - April 2022Here is the eighth Stockopedia / PIWORLD StockSlam hosted by Damian Cannon. The format, each ‘slammer’ has 3 minutes to ‘slam’ their stock followed by 3 minutes of audience questions. This was recorded live. A great variety of pitches, which shows the diversity of private investor styles. We are really grateful to all the ‘slammers’.
This is the last in the series for now.
00:20 Introduction by Damian Cannon with a review of the performance of previous slams
03:02 Damian Cannon: Tinybuild (TBLD)
10:59 Charles Ford: FireAngel Safety Technology (FA.)
17:14 Edmund Shing: Anglo Pacific (APF)
24:26 Lilian Nandi: India Capital...2022-04-081h 06PIWORLD Investor PodcastsPIWORLD interview: Larry Zulch, CEO, Invinity Energy Systems (IES) & the renewable energy landscape.Here, Larry Zulch discusses the implications of the massive increase in energy prices, together with the Ukraine – Russia conflict to drive the transformation to alternative energy; and what that means for the sector and specifically Invinity.
Long duration energy storage (LDES) will be integral to the alternative energy transition. Here Larry explains more about vanadium flow batteries, and other options. LDES will be a £10+ billion market, where Infinity, through the partnership with Siemens Gemesa, target 10% market share by 2030, and providing over 100 GWh during the next 5-8 years. Funding for this will be supported by Governments around the world, in particular, the...2022-03-0734 minPIWORLD Investor PodcastsStockopedia/PIWORLD StockSlam January 2022Here is the seventh Stockopedia / PIWORLD StockSlam hosted by Damian Cannon. The format, each ‘slammer’ has 3 minutes to ‘slam’ their stock followed by 3 minutes of audience questions. All are really great pitches, which shows the variety of private investor styles. We are really grateful to all the 'slammers'. This event only happens because of them and the fabulous community we all enjoy. If you’d like to 'slam' at a future StockSlam, please contact us via the PIWORLD contact page.
Remember, these are just ideas, the presenter is probably talking their own book. Please do your own research!
The next Stockopedi...2022-01-211h 20PIWORLD Investor PodcastsPIWORLD Sell it to the City January 2022Richard Crow (@RebelHQ) comes back to defend his title against Daniel Jones and @leoinvestorUK. Each deliver a 10 minute pitch to Andy Brough, Schroders, Judith MacKenzie, Downing and Stephen English, Stellar Asset Management. Excellent presentations followed by penetrating Q&A. Then, the Fund Managers deliver their verdict on the pitch and the stock. Who has Sold it to the City this time? And, who will ultimately win the prize lunch with one of these fund managers? Great fun and insight.
00:18 Introduction
02:00 Richard Crow, (@RebelHQ) pitching: Shoe Zone (SHOE)
Obviously Richard pitched this stock (10.1.22) a day before SHOE's FY...2022-01-141h 17PIWORLD Investor PodcastsPIWORLD interview with Richard Leonard: Winners and Losers of 2021Richard talks through the thrills and spills of his year. Up 42.5% at his high, and still up over 30% when we spoke, now, probably higher with National World #NWOR reporting ahead of expectations on 16th December, a day after recording. A brilliant performance but not everything went to plan. As always, Richard gives us some great nuggets, take profits when your weighting goes above your comfort threshold; weight your position size according to the market cap, and he observes, the top holdings are where you make your money, the bottom is where you get whiplashed. His main learning of the year...2021-12-171h 03PIWORLD Investor PodcastsPIWORLD interview with Andy Brough: Markets & Lessons Learned in 2021A tremendous interview that gives some insight to the highs and lows of 2021. What companies and Andy have learned through Covid. The hunt for disrupters. Activists and bid activity. The attractions of the FTSE100. We hear how an institution exits a position. The attractiveness of an IPO, a placing or an overhang. Director buys and sells. Latterly, we discuss bitcoin and NFT’s (Non Fungible Tokens). Finally, for those who want the investing challenge (or fancy themselves as a Fund Manager!), we discuss the new PIWORLD series, Sell it to the City, and what the Fund Managers, Andy, Judith and St...2021-12-0945 minPIWORLD Investor PodcastsTreatt (TET) full year 2021 results presentation to analystsTreatt CEO, Daemmon Reeve and CFO, Richard Hope present the full year 2021 results to analysts, for the period ending 30th September 2021.
Slides can be downloaded here:
https://drive.google.com/file/d/1Mywkrr6kIV_zaqlRGBQt-MdiS9GqBFqd/view?usp=sharing
Daemmon Reeve, CEO
00:04 – Introduction
00:39 – Overview of the period
01:27 – Performance
03:55 – Growth trends
07:20 – ESG
Richard Hope, CFO
08:55 – PBT growth
10:08 – Dividends
10:37 – 2021 Financial review
11:31 – Cash flow
12:30 – Individual product categories
14:57 – Revenue
16:18 – Strategic evolution
17:02 – Financial metrics
Daemmon Reeve, CEO
17:42 – Market overview & Strategic priorities
19:16 – Accessing market growth opportunities2021-12-0144 minPIWORLD Investor PodcastsPIWORLD interview with Alexandra Jackson: Selecting Winning StocksAlexandra Jackson, Fund Manager of the Rathbone UK Opportunities Fund. The fund has returned 20% ytd (as at 22.10.21) and has an impressive track record over the longer term. Here, we learn about Alexandra's selection criteria of scalability, durability, quality and governance. This does lead to some UK tech companies, which do exist! She outlines how the team assessed the portfolio during the March 2020 Covid crises, and reflects on lessons learned, referring to their score card to take emotion out of investing decisions. She makes it all sound so easy!
00:41 Alexandra’s background
02:05 The performance of the fund v FTSE Al...2021-11-2629 minPIWORLD Investor PodcastsPIWORLD interview with Ian Whittaker: Media & Tech overview – November 2021Ian Whittaker, Media and Tech analyst, gives his views of the main themes in the sectors today, and where he sees investing opportunities including WPP, ITV and other broadcasters, online classified and grocery delivery. We discuss the effect of Apple’s privacy policy for themselves and the sector; Facebook’s rebrand and its investment case; how paid for subscription services affects linear TV & cinema and finally we discuss Pearson.
00:36 Ian’s background
01:47 Main themes in media & tech
04:10 The effect of Apple’s #APPL privacy policy
08:30 Facebook’s #FB new branding to Meta Platform Inc
12:18 Is now the ti...2021-11-1930 minPIWORLD Investor PodcastsPIWORLD interview with Jeremy McKeown - Investing in Hypernormal TimesJeremy gives us his views on the ‘hypernormal’ economic world we are living in today; taken from the Adam Curtis documentary, ‘HyperNormalisation’. (https://youtu.be/AUiqaFIONPQ). Jeremy speaks like an economic historian, drawing from different eras of different economic policies. We discuss QE and monetary policy, which he feels has neutered the banking industry. With inflation, he draws analogies with the 40s and 50s rather than the 70s. Jeremy gives his view where he’s investing his own money, accepting investors are being asked to take more risk to see a return on their savings. He favours equities, especially compounders with good...2021-11-1256 minPIWORLD Investor PodcastsThe Stockopedia/PIWORLD Virtual StockSlam October 2021This is the sixth Stockopedia/PIWORLD StockSlam hosted by Damian Cannon. Of the 50 holdings pitched to date, they are collectively up 11.2%. September's picks haven't done much, in line with the choppy market. Since pitching, Tekcapital (TEK) is up 211%! Renold (RNO) +79%, and Cake Box (CBOX) +58%. The dogs were Micro Focus (MCRO), Novacyt (NCYT), and Caledonia Mining (CMCL). (Damian is still positive about CMCL!).
The format, each ‘slammer’ has 3 minutes to ‘slam’ their stock followed by 3 minutes of audience questions. We have to award the most innovative 'slam' to Leo Investor who took the StockSlam to a new level of ingenuity! We are in n...2021-10-291h 08PIWORLD Investor PodcastsPIWORLD interview with Simon Laffin: Secrets of the Boardroom - What every investor should knowA fascinating interview with Simon Laffin on what investors need to know about decisions made in the boardroom. Including, the most common problems facing a board. Simon's personal insight of his most uncomfortable experiences. How to spot fraud. LTIPs. The key financial metrics the Board should focus on. What to look for in acquisitions or bids. Forthright views from 30 years on different boards, all discussed in his new book Behind Closed Doors. Nuggets for investors to digest to be more aware of in their research.
00:18 Introduction
00:57 Simon’s background and what inspired the book
01:57 Why this is of...2021-10-2247 minPIWORLD Investor PodcastsPIWORLD: Sell it to the City - October 2021Andy Brough initiated a challenge to private investors and fund managers back in May 2021. Referencing a stock mentioned in the StockChallenge Andy Tweeted: "A stock I have never heard of or met, maybe I should just have an information forum where people pitch ideas to fund managers. Just need to get a few more. Could be like judgement day (for those who remember his column in The Sunday Times) in reverse. Any other fund managers up for it?" Fortunately they were!
Here, we bring you a fund manager panel of Andy Brough, Schroders, Judith MacKenzie, Downing and Stephen English, Stellar...2021-10-151h 03PIWORLD Investor PodcastsVertu Motors (VTU) interim results presentation - October 2021Vertu CEO Robert Forrester, and CFO, Karen Anderson present interim results for the period ended 31st August 2021. Record results with profit before tax of £51.8m due to the favourable used vehicle market conditions and outperforming market trends. For the full year, they guide ahead of expectations with adjusted profit before tax of no less than £65m (previously £50-55m), the highest ever. A comprehensive presentation with full details on all business areas and the strategy going forward.
The presentation slides can be downloaded here: https://drive.google.com/file/d/1nunJ22BR-qSx5WBZSh0JTXqTlyvkP3ob/view?usp=sharing
Robert Forrest...2021-10-1344 minPIWORLD Investor PodcastsPIWORLD Interview with Iain Staples: Investing in dynamic companiesIain Staples, Fund Manager, on the UK Desk at Schroders, shares how he evaluates dynamic smaller companies for his funds. Firstly, they should make profit and have positive free cashflow, then he describes his four pillars, including their superiority through brand and reputation, then, what he describes as architecture, having the structures in place to operate in any environment; innovation to keep ahead, and strategic assets which make them untouchable. To illustrate, he picks companies with these qualities. He then goes on to give wise advice from his own mistake and gives a view on current markets. A thoroughly entertaining...2021-09-3054 minPIWORLD Investor PodcastsPIWORLD Interview with Christopher Mills: Spotting value & doing something about itChristopher Mills, CEO, Harwood Capital Management, is fundamentally a value investor with a strategy to extract that value so avoiding value traps. Often, an activist investor who will place management or himself on the board to ensure alignment with shareholders, as is seen in his success with EKF, MJ Gleeson, and Augean, which he discusses. As an early entrant to Life Sciences, he tells us what he likes about the sector, including a deep dive into Circassia, and an update on Sourebio following the lifting of CV19 testing for certain travel. He covers some of his investments that he's excited...2021-09-2447 minPIWORLD Investor PodcastsThe Stockopedia/PIWORLD Virtual StockSlam September 2021This is the fifth virtual StockSlam hosted by Damian Cannon. Not only is it great fun, the track record has been pretty impressive with each portfolio of ten picks up as follows: from February 2021 +23%, April +18.5%, May +10% and June +9.6%. The single stock winner has been Tekcapital (TEK) up 186%, followed by Renold (RNO) +63% and Cakebox +51%.
The format, each ‘slammer’ has 3 minutes to ‘slam’ their stock followed by 3 minutes of audience questions. These are just ideas, the presenter probably is talking their own book. Please do all your own research! If you’d like to slam at a future StockSlam, please contact me via the PIW...2021-09-101h 10PIWORLD Investor PodcastsPIWORLD interview with Invinity Energy Systems (IES) CEO, Larry ZulchPIWORLD catches up with Larry Zulch, CEO at Invinity Energy Systems (IES), who gives an overview of the business and Vanadium Flow Batteries (VFB). We get details of some of the projects IES is working on and the exciting joint venture with Siemens Gemesa Renewable Energy. Finally, we get an update about the major shareholders and what investors can expect in the short, medium and long term.
00:32 What does Invinity Energy Systems (IES) do?
00:59 What is a Vanadium Flow Battery (VFB)?
03:09 What is the competitive landscape?
04:17 Projects IES are working on
06:07 The JV with Siemens...2021-09-0912 minPIWORLD Investor PodcastsPIWORLD interview with Richard Greenfield: A Beginner‘s Guide to Mining StocksWith inflation, resources used in electrification, and for new technologies, there may be more appetite for mining stocks from investors who normally avoid the sector. Here, Richard Greenfield, Co-Founder of Tamesis Partners, specialists in global mining and natural resources, shares how newbies can evaluate mining stocks.
This is a fantastic overview that may require a few listens; everything from the market overview, where we’re at in the cycle, to how to dip your toe into the sector. Some great nuggets such as, ‘mines are made, not found’, the people are key; and he recommends that the mine should be large...2021-09-031h 01PIWORLD Investor PodcastsAir Partner (AIR) Acquisition of Kenyon International Emergency ServicesAir Partner CEO Mark Briffa gives an overview of the Kenyon International acquisition, announced 27th August 2021.
00:18 Rationale for the acquisition
00:45 What does Kenyon International do?
01:33 Are AIR moving out of aviation?
02:03 How did AIR fund the acquisition?
02:17 What acquisitions will AIR look at next?
Founded in 1961, Air Partner is a global aviation services group providing aircraft charter and aviation safety & security solutions to industry, commerce, governments and private individuals, across civil and military organisations. The Group has two divisions: Air Partner Charter, comprising Group Charter, Private Jets, Freight and Specialist Services; and Air...2021-08-2703 minPIWORLD Investor PodcastsPIWORLD interview with Keelan Cooper: The IPO survival guideKeelan Cooper, Financial Analyst at Stockopedia gives us the background and findings of The Stockopedia IPO Survival Guide. Fascinating evidence that small and micro cap IPOs bought on the first day of trading and sold around the sixth month after the IPO will give a better performance.
00:42 How Keelan got into investing and working at Stockopedia
01:53 Why did you decide to research IPOs & how did you go about it?
03:36 Are IPOs the opportunity to buy a multi-bagger.
04:37 Was there a correlation between management/PE staying in or getting out?
05:37 It looks like timing is the...2021-08-1917 minPIWORLD Investor PodcastsThe Renewables Infrastructure Group (TRIG) interim results 2021TRIG interim results 2021 presentation given to analysts and investors on 6.8.21 by the management team.
00:05 Introductory video
Helen Mahy, Chairman
00:17 Overview
Richard Crawford, Director, InfraRed Capital Partners
01:35 TRIG’s purpose & performance
03:25 Track record
Phil George, Director, InfraRed Capital Partners
05:58 Financial highlights
16:02 Funding, investments & commitments
Chris Sweetman, Operations Director, RES
17:05 Production
Jaz Bains, Group Risk Investment Director, RES
20:59 Value enhancements
23:04 Sustainability
Minesh Shah, Investment Director, InfaRed Capital Partners
24:15 Sustainability
25:44 Acquisitions and portfolio construction
28:38 Forecast new capacity
Ri...2021-08-0931 minPIWORLD Investor PodcastsCreightons (CRL) interview on the acquisition of Emma HardieFollowing the acquisition of Emma Hardie Ltd announced 29th July 2021, PIWORLD talked to some of the management team about the background and rationale to the acquisition, and the Company's plans for integrating and developing the Emma Hardie brands.
Pippa Clark, Global Sales & Marketing Director/Deputy MD
00:48 Can you tell us a little bit about Emma Hardie?
01:35 Why has Creightons acquired Emma Hardie?
05:28 What revenue growth do you think you’ll get from the brand?
07:37 What can we expect this to do to margins?
Barry Cook, Acting Managing Director Emma Hardie
08:44 How does it...2021-08-0423 minPIWORLD Investor PodcastsPIWORLD interview: John Rosier's portfolio update July 2021John shares his portfolio performance during the first 6 months of 2021, the main contributors and detractors. We get an update on De La Rue, his 2021 PIWORLD pick in December and what he's most bullish about today. We touch on his fund portfolio launched July 2020. John was very prescient in calling the markets during the Covid crash, so we ask his views on the outlook for markets and inflation.
00:55 John’s performance to date
02:36 Which stocks have been the best contributor to John’s performance? SDI (SDI)
05:39 Sigmaroc (SRC), before the Nordkalk Oy Ab reverse takeover announcement!
07:39 Sylvania Plat...2021-07-1647 minPIWORLD Investor PodcastsA PIWORLD interview: Richard Leonard - What he’s been buying July 2021Richard has doubled his money on a rolling twelve-month basis to July 2021. Here, he gives his views on the markets, the economy, and where he sees opportunities. He is positive on global equities, with caveats. He saw August 2020 as the start of the business recovery, which he believes is still on course. He cautions to keep an eye on PMI/ISM data to see the continued growth. He’s bullish on industrial cyclicals due to government fiscal spending, citing Kier. Essentially, he’s looking for companies with pricing power, strong brands and structural drivers. Richard runs a concentrated portfolio of just...2021-07-0954 minPIWORLD Investor PodcastsPIWORLD talks to Edmund Shing about introducing your kids (or anyone!) to investing - Part 3This video can be seen at: https://www.piworld.co.uk/education-videos/piworld-talks-to-edmund-shing-about-ntroducing-your-kids-or-anyone-to-investing-part-3/
Here Edmund moves onto how to invest in stocks. This is the third interview in the series where Edmund imparts the investing lessons and motivation he’s given to his kids on how and why to invest. Invaluable advice for any investor, new or old! 50 minutes of investing gems to get a profitable return from stock selection. This should be listened to alongside Part 1 and Part 2.
00:56 When should an investor graduate from funds to individual stock picks?
02:18 Where do you find you...2021-06-1150 minPIWORLD Investor Podcastspiworld interview: Ken Wotton's Investing PrinciplesKen Wotton, Managing Director, Public Equity at Gresham House, has an enviable track record as a fund manager. In this piworld interview, we learn more about how he achieves that, including the attraction of small and micro caps, how he selects companies in which to invest, the effect the pandemic had on his investing decisions, where he sees opportunities, and his views on the general market environment. This is rich fodder for all investors.
00:40 Ken’s background
02:47 Ken's funds at Gresham House
06:35 What performance Ken aspires to achieve across the funds
07:26 The attraction of the small an...2021-05-2850 minPIWORLD Investor PodcastsA piworld interview with David Thornton: Results Season UpdateA results season overview by David Thornton, Editor of Growth Company Investor and ex Fund Manager. David has interviewed 129 companies so far in 2021. He is bullish about how companies are performing expecting many to upgrade as the year goes on. For investors, he suggests a value and recovery theme rather than growth stocks. He shares his insight on six companies that have stood out for him, interestingly four have been interviewed or presented on piworld, which we link to below.
00:43 What’s been the general theme of company results?
04:37 MISSION (TMG)
08:17 Tracsis (TRCS)
11:54 Quixant (QXT)
17:03 Be...2021-05-1432 minPIWORLD Investor Podcastspiworld: Andy Brough's 3 minute StockSlam & other gemsThis video can be seen at: https://www.piworld.co.uk/2021/04/30/piworld-andy-broughs-3-minute-stockslam-other-gems/
Andy commented on Twitter on the Stockopedia/piworld StockSlam from April; we catch up with Andy to hear what caught his eye, how he perceives the retail investor, how to ‘Slam a stock’ and reflections from his career as a Fund Manager. A stream of investing gems to entertain and inform.
00:30 Stockopedia/piworld StockSlam & the PI community; mentions of John Menzies (MNZS), Tandem (TND) & Micro Focus (MCRO) & DX Group (DX.)
03:09 Liquidity and size of position in the fund with reference to Xaar...2021-04-3039 minPIWORLD Investor PodcastsA piworld interview - Rosemary Banyard: Launching a fund during COVID19This video can be seen at: https://www.piworld.co.uk/2021/04/16/a-piworld-interview-rosemary-banyard-launching-a-fund-during-covid19/
Rosemary launched the VT Downing Unique Opportunities Fund on 23rd March 2020, just days from the nadir of the market crash. Here, she discusses launching a fund when there is 'blood on the streets'. She outlines some of her investing criteria including intrinsic valuation and Return on Equity, with a disregard to PEs. Where she finds ideas. Then, she goes on to discuss a few of the holdings. A very informative interview.
00:40 Rosemary’s background
02:36 What inspired the Downing VT Downing Unique Opportunities Fund?
04:47 Ho...2021-04-1644 minPIWORLD Investor PodcastsStockopedia/piworld Virtual StockSlam April 2021 hosted by Damian CannonThis video can be seen at: https://www.piworld.co.uk/2021/04/09/stockopedia-piworld-virtual-stockslam-april-2021-hosted-by-damian-cannon/
The second virtual StockSlam hosted by Damian Cannon. Over 1,600 investors joined the event live to hear ten investors present their best stock idea in just three minutes. Bite-sized nuggets to inspire further research. Fast, factual and fun.
00:18 Introduction by Damian Cannon
02:45 Micro Focus International (MCRO) - Damian Cannon
09:53 Tharisa (THS) - Keelan Cooper
17:10 John Menzies (MNZS) - Richard Crow aka Cockney Rebel
24:58 finnCap (FCAP) - Mark Simpson
32:08 Ashtead (AHT) - Lilian Nandi
39:14 Tekcapital (TEK) - Alex Schlich
45:30...2021-04-091h 15PIWORLD Investor Podcastspiworld interview with Edmund Shing: The Idle InvestorThis video can be seen at: https://www.piworld.co.uk/2021/02/26/piworld-interview-with-edmund-shing-the-idle-investor/
Edmund is CIO at BNP Paribas Wealth management. He talks to us about his approach to investing, which he’s been doing since he was 14 years old. Today, he targets a 20%+ return pa. We learn more about his asset allocation, how he selects investments, some of his top holdings, and his outlook for the retail market and equities. An engaging and informative interview. Thank you Edmund!
00:32 Edmund’s background
02:53 Edmund’s investing journey
03:54 The Idle Investor, the book
04:50 Performance
06:35 Asset a...2021-02-2623 minPIWORLD Investor PodcastsStockopedia/piworld Virtual StockSlam February 2021 with Damian CannonThis video can be seen at: https://www.piworld.co.uk/2021/02/19/stockopedia-piworld-virtual-stockslam-february-2021-with-damian-cannon/
The first virtual StockSlam was hosted by Damian Cannon, following the historical physical events in London. Over 1,350 investors joined the event live to hear 11 esteemed investors presenting their best stock idea in 3 minutes. Bite-sized nuggets to inspire your further research. Superb ideas and highly entertaining.
00:00 Start
00:18 Damian Cannon Introduction
03:35 Caledonia Mining (CMCL) - Damian Cannon
10:10 Unite (UTG) - David Brunsdon
17:15 RWS Holdings (RWS) – Nick Cotton
23:27 Braemar Shipping Service (BMS) – John Sladden
29:13 Renold (RNO) – Paul Scott
36:07 SDI (SD...2021-02-191h 10PIWORLD Investor Podcastspiworld interview - Charlie Morris: All about bitcoinThis video can be seen at: https://www.piworld.co.uk/2021/02/11/piworld-interview-charlie-morris-all-about-bitcoin/
Charlie gives us a comprehensive overview of bitcoin. He helps us make sense of the febrile bitcoin market which is experiencing the Elon Musk's and Michael Saylor's impact. He outlines the key elements of bitcoins price, namely inflows and outflows; and more broadly talks of transaction speed; regulation; ESG credentials and more. We’re even told how we can buy our own bitcoin! Topical with this week’s market action.
Charlie’s background – 00:38
The value of bitcoin - 01:26
What should investors look for...2021-02-1134 minPIWORLD Investor Podcastspiworld interview: The Signs Were There - Tim Steer & Andy BroughThis viedo can be seen at: https://www.piworld.co.uk/2021/01/29/piworld-interview-the-signs-were-there-tim-steer-andy-brough/
Tim Steer, Author of The Signs were There, and Andy Brough, Head of the UK & European, Small & Mid Cap team, at Schroders, talk through different elements of Tim’s book. They help us identify some of the red flags in company accounts, including where profits are flattered by either balance sheet assets which should appear as debits on the P&L, or with credits taken out of the balance sheet benefiting the P&L. Artfully, they take a dry subject, add some personality and hum...2021-01-2936 minPIWORLD Investor Podcastspiworld interview: Ben McKeown, Dowgate CapitalThis video can be seen at: https://www.piworld.co.uk/2021/01/15/piworld-interview-ben-mckeown-dowgate-capital/
Ben McKeown, CFA, Investment Director at Dowgate Capital, discusses how he manages money at Dowgate. We learn some of their investing criteria, and where he sees their current opportunities. Ben tells us that Dowgate Capital’s wealth management division is a younger, more dynamic wealth manager, where they aspire to generate returns of 20% a year, more cost-effectively.
Ben’s background - 00:27
Dowgate Capital - 01:28
Top-down or bottom-up? - 02:18
Criteria of stock selection - 05:17
Alpha FX (AFX) - 06:19
Valuation – 08:32
THG...2021-01-1522 minPIWORLD Investor Podcastspiworld interview: Andrew Hollingworth Reflections on 2020This video can be seen here: https://www.piworld.co.uk/2021/01/08/piworld-interview-andrew-hollingworth-reflections-on-2020/
Andrew Hollingworth, Founder, HollAnd Advisors, discusses his investment approach and running a fund during CV19: what went well and badly, and opportunities for 2021. We get a real sense of some of the aspects of fund management.
Andrew’s background & HollAnd Advisors – 00:31
How’s the fund performed since it’s inception? – 4:57
Growth v value investing – 06:38
2020 – 10:20
Dealing with a large drawdown? – 15:52
2020, what went well? What would Andrew have changed? – 21:53
2021 opportunities – 25:05 Greggs (GRG) – 30:12
About Andrew Hollingworth:
Andrew set up Holland Advisors...2021-01-0836 minPIWORLD Investor Podcastspiworld 2020 round up interview: Mark SlaterThis video can be seen at: https://www.piworld.co.uk/2020/12/30/piworld-2020-round-up-interview-mark-slater/
Mark Slater, Chairman & CIO, Slater Investments, looks back at 2020. Codemasters (CDM) played out very well, as anticipated. The learnings repeated: in a crisis, don't panic and take advantage of it; aggressively. Finally, Mark gives us his expectations for the UK markets in 2021, which he feels are attractive.
What’s the fund’s ytd performance? – 00:38
What went well this year? - 01:44
What did you learn this year? 05:57
What are Mark Slater's expectations for the UK market in 2021? – 08:24
About Mark Slat...2020-12-3013 minPIWORLD Investor Podcastspiworld round up of the year, David ThorntonThis video can be seen at: https://www.piworld.co.uk/2020/12/29/piworld-2020-round-up-interview-david-thornton/
David’s performance from the lows of March to December 2020, was +99%, with a ytd performance (to 14.12.20) of +10%. Here David outlines what went well, with Tremor (TRMR), which endorses the need for patience and taking a long term view. IMImobile (IMO) didn’t go so well, selling out two weeks before their bid. However, David is sanguine, and explains running a concentrated portfolio means you have to make choices, and sometimes that means you forgo opportunities, as here. He adds, running a shorter list you s...2020-12-2916 minPIWORLD Investor Podcastspiworld 2020 round up interview: Stephen EnglishThis video can be seen at: https://www.piworld.co.uk/2020/12/23/piworld-2020-round-up-interview-stephen-english/
We interviewed Stephen back in April 2020. Now he updates us on joining Stellar Asset Management, on 1st September 2020. He discusses, what has gone well and how to avoid value traps, advising don’t buy a recovery stock unless it’s rallied significantly, citing Volex (VLX). What didn’t go so well and learnings, where he discusses Shoe Zone (SHOE). Finally, he outlines the investing case for DX Group (DX.), which is his pick for 2020. Full of wonderful analogies and humour, alongside some tremendous pearls...2020-12-2321 minPIWORLD Investor Podcastspiworld 2020 round up of the year: John RosierThis video can be seen at: https://www.piworld.co.uk/2020/12/22/piworld-2020-round-up-of-the-year-john-rosier/
John called the market to perfection, when we spoke to him back in April 2020. He outlines how it’s played out for him throughout the rest of the year, what went well, what went less well, and what he’s most bullish about for 2021. A sanguine thought, if he’d have done nothing this year, he’d be slightly better off than now, after all the work he's put in.
Performance ytd +16.5% - 00:49
What’s gone very well this year: Sylvania Platinum (S...2020-12-2217 minPIWORLD Investor Podcastspiworld 2020 round up: Leon BorosThis video can be seen at: https://www.piworld.co.uk/2020/12/21/piworld-2020-round-up-leon-boros/
Leon has had an exceptional performance this year, up 37%. His top contributor is Best of the Best (BOTB) which he continues to hold. He regrets selling Games Workshop (GAW) in the 40's, but swallowed his pride and bought back recently. For 2021, he believes Wey Education (WEY) should outperform. Hopefully we'll catch up with him later in the year to hear how it plays out.
Leon’s performance ytd: +47% – 00:47
Top contributor to the performance: Best of the Best (BOTB) - 01:15
What didn’...2020-12-2114 minPIWORLD Investor Podcastspiworld 2020 round up: Paul ScottThis video can be seen at: https://www.piworld.co.uk/2020/12/19/piworld-2020-round-up-paul-scott/
Paul’s achieved outstanding returns for the year, where he used hedging. Interesting flatter where he has no hedges. He highlights some great learnings both about using hedges, and separately that cheap companies can get a lot cheaper! For 2021, he is very bullish about BooHoo. Delivered in Paul’s usual charming and relaxed style. Enjoy!
Paul’s year and return ytd – 00:40
Winners for the year – 04:50
What didn’t go so well, and what did you learn from that? – 07:40
Paul’s 2021 stock pick...2020-12-1916 minPIWORLD Investor Podcastspiworld 2020 round up of the year: Richard LeonardThis video can be seen at: https://www.piworld.co.uk/2020/12/18/piworld-2020-round-up-of-the-year-richard-leonard/
Richard’s had a rollercoaster of a year, in April he was down over 40% and has now recovered to c +8%, from peak to trough, up about 80%. His biggest regret, moving to almost 100% cash in March, but he got back on the horse quickly, buying Polar Capital amongst others. Hear more of his reflections and details of his 2021 pick.
Year to date performance - 00:50
What played out well in 2020: Polar Capital (POLR) - 05:15
What was your biggest mistake, & the learning? - 11:20...2020-12-1829 minPIWORLD Investor Podcastspiworld round up of the year: Cockney Rebel.This video can be seen at: https://www.piworld.co.uk/2020/12/17/piworld-round-up-of-the-year-cockney-rebel/
One of a series of short interviews to round up 2020. Having spent most of the CV19 crash, cashed out and crashed out, Richard returned in top gear from June onwards. Here he tells us a few of the highlights, and his most favoured stock for 2021.
Performance year to date c+35% – 00:50
What went well? Xaar (XAR) – 02:34
What didn’t go so well? Kingfisher (KGF) - 03:49
2021 pick: Xaar (XAR) – 10:38
About Richard Crow After starting life as a milkman and ending up paraly...2020-12-1712 minPIWORLD Investor PodcastsIG Design Group (IGR) H1 21 results overviewThis video can be seen at: https://www.piworld.co.uk/2020/11/24/ig-design-group-igr-h1-21-results-overview/
Paul Fineman, CEO & Giles Willits, CFO discuss the IG Design Group H1 results with piworld.
Paul Fineman, CEO & Giles Willits, CFO
H1 performance - 00:32
Giles Willits, CFO
Financial postion in light of CV19 - 02:27
Paul Fineman, CEO
IGR response to CV19 - 03:04
Giles Willits, CFO
Non-US performance - 5:35
Paul Fineman, CEO
Outlook - 06:22
IG Design Group plc, formerly International Greetings plc, is engaged in th...2020-11-2407 minPIWORLD Investor Podcastspiworld interview: An hour with Paul JourdanThis video can be seen at: https://www.piworld.co.uk/2020/11/06/piworld-interview-an-hour-with-paul-jourdan/
A fabulous hour with Paul Jourdan, CEO and Co-Founder of Amati Global Investors. We get a real sense of his investing rationale and thinking. Paul talks about where he sees market opportunities. How Amati dealt with CV19. Companies he thinks are interesting. What he's learned from mistakes. Particularly thought provoking, his comment, it's not the losers that cost investors, but the expense of missing the great opportunities where you miss a multiple of what you invested.
Paul’s background – 00:50
Paul/Amati’s perform...2020-11-0658 minPIWORLD Investor PodcastsProactis Group Holdings Full Year 2020 results overview.This video can be seen at: https://www.piworld.co.uk/2020/10/29/proactis-group-holdings-full-year-2020-results-overview/
Tim Sykes, CEO, talks to piworld’s Tamzin Freeman about the Group's full year results to 31st July 2020.
The key themes for the year – 00:30
Highlights of the period – 01:00
Progress against growth strategy - 02:07
Operational progress - 03:08
Outlook - 03:48
PROACTIS Holdings PLC is a United Kingdom-based company, which is a Spend control and e-Procurement solution provider. The Company is engaged in the development and sale of business software, installation and related services. It offers a range of solutions...2020-10-2904 minPIWORLD Investor Podcastspiworld interview: An hour with Andy Brough & Richard LeonardThis video can be seen here: http://www.piworld.co.uk/2020/10/22/piworld-intervie…-richard-leonard/
We are privileged to spend an hour chatting to Andy Brough, Head of the UK & European Small & Mid Cap Team at Schroders, and Richard Leonard who co-runs a Family Office, an amazing duo. Firstly, we discuss their different perspectives as a family office and institutional fund, then, cover the macro picture, and drill down to companies where they each see opportunity. Full of wisdom and wit. A brilliant hour of investing insight!
Running a family office v running a large fund – 00:45
Macro...2020-10-2358 minPIWORLD Investor PodcastsA piworld interview with David ThorntonThis video can be seen at: http://www.piworld.co.uk/2020/10/16/a-piworld-interv…h-david-thornton/
Growth Company Investor update, October 2020
David Thornton is Owner & Editor of Growth Company Investor (GCI). He tells piworld of his new ownership of GCI, updates on companies he mentioned in July, and gives an overview of those companies he’s recently interviewed, which he feels have good growth prospects.
Introduction - 00:18
What does the new ownership mean for GCI & subscribers - 00:46
David’s background – 02:35
How did David’s July 20 recommendations do? - 03:25
Venture Life (VLG), Accrol (ACRL), Codemasters (CDM), Victo...2020-10-1658 minPIWORLD Investor PodcastsAir Partner (AIR) interim results interview by piworld with Mark Briffa, CEOThis video can be seen at: https://www.piworld.co.uk/2020/10/06/air-partner-air-interim-results-interview-by-piworld-with-mark-briffa-ceo/
Mark discusses AIR’s outstanding H1 with underlying PTP +250% and underlying EPS +198% mainly driven by Group Charter and Freight divisions. He goes on to discuss the performance of each of the divisions, the initiatives taken and then moves on to the opportunities including in the US, South Africa & with acquisitions. Finally, we cover the outlook where there are many opportunities, albeit limited visibility.
H1 20 overview – 00:21
H1 Highlights – 02:00
Covid 19 – 08:44
The outlook – 10:19
Air Partner PLC is a United Kingdom-based aviation services co...2020-10-0612 minPIWORLD Investor PodcastsAttraqt (ATQT) 2020 interim results overviewThis video can be seen at: https://www.piworld.co.uk/2020/10/01/attraqt-atqt-2020-interim-results-overview/
Mark Adams, CEO discusses the Group's interim results for the period ending 30th June 2020, and the acquisition of Aleph, with piworld.
Introduction - 00:22
Why did Mark accept the position of CEO and initial observations - 00:30
Results overview - 02:09
What's been happening in the market? - 04:36
Acquisition of Aleph - 05:38
Outlook - 07:38
ATTRAQT Group PLC (ATTRAQT) provides visual merchandising, site search and product recommendation technology. The principal activity of the Company is the development and provision o...2020-10-0109 minPIWORLD Investor PodcastsFireAngel Safety Technology (FA.) interim results overviewThis video can be seen at: http://www.piworld.co.uk/2020/09/28/fireangel-safety…results-overview/
piworld catch up with John Conoley, Executive Chairman, FireAngel Safety Technology, to hear more about the interim results, where they're at in their evolution, and how they see the outlook going forward.
Who are FireAngel? – 00:30
Overview of H1 - 01:29
Operational performance - 04:02
Where’s FireAngel at in its evolution? - 07:07
The outlook for investors - 12:11
Fireangel Safety Technology Group plc, formerly Sprue Aegis plc, is engaged in the business of design, sale and marketing of smoke...2020-09-2914 minPIWORLD Investor Podcastspiworld interview: An Hour with Cockney RebelThis video can be seen at: https://www.piworld.co.uk/2020/09/25/piworld-interview-an-hour-with-cockney-rebel/
Cockney Rebel AKA Richard Crow, has a name for making money in small caps, with a knack for perfect timing. He has an annual investment return of 30%+, and runs a private chatroom of over 250 members, who discuss stocks. In this interview we glean more about how Richard invests to get such good returns, what he looks for; recovery plays he's holding, catalysts for selling, and a general feel for his investing style.
Introduction - 00:18
Richard’s background – 00:53
What return do you look...2020-09-2557 minPIWORLD Investor PodcastsLitigation Capital Management (LIT) FY20 results overviewThis video can be seen at: http://www.piworld.co.uk/2020/09/21/litigation-capit…results-overview/
Patrick Moloney, CEO discusses the FY20 results with piworld.
Introduction - 00:24
2020 overview - 00:49
Financial results - 04:09
Current portfolio of direct investments - 07: 25
LCM Global alternative returns fund - 08:57
Covid-19 - 09:31
Outlook - 12:50
About Litigation Capital Management:
Litigation Capital Management Limited is engaged in the business of providing litigation financing and ancillary services to enable the recovery of funds from legal claims. The Company focuses on financing and management of Litigation Projects. The Company has provided lit...2020-09-2215 minPIWORLD Investor PodcastsA piworld interview: An Hour With Castleford TigerThis video can be seen at: https://www.piworld.co.uk/2020/09/11/a-piworld-interview-an-hour-with-castleford-tiger/
Castleford Tiger has been making around 30-40% annual returns from his small cap portfolio, over time. Here he discusses his investing criteria with some stocks as examples, where he feels there is scope for significant upside.
CT’s career background and how he got into investing? - 00:48
CT's annual return – 05:24
What CT looks for in those companies in which he invests – 06:40
How long CT holds – 09:10
Mpac Group (MPAC) – 11:00
Tandem (TND) – 17:04 Hargreaves Services (HSP) – 21:00
LPA (LPA) – 27:29 Robinson (RBN) - 28:37
Manx...2020-09-1154 minPIWORLD Investor PodcastsEmpresaria (EMR) 2020 interim results overviewThis video can be seen at: http://www.piworld.co.uk/2020/08/12/empresaria-emr-2…results-overview/
Empresaria CEO Rhona Driggs and CFO Tim Anderson talk to piworld's Tamzin Freeman about the Group's Interim results for the period ended 30th June 2020.
Rhona Driggs, CEO
Overview of the period - 00:34
Tim Anderson, CFO
Financial highlights - 02:32
Rhona Driggs, CEO
Operational efficiencies - 04:12
Signs of recovery - 06:25
Outlook - 07:41
Empresaria Group plc is a United Kingdom-based international specialist staffing company. The Company's principal activity is the provi...2020-08-1208 minPIWORLD Investor Podcastspiworld interview with Richard Leonard – Investor & Trader: Life in a Family OfficeThis video can be seen at: https://www.piworld.co.uk/2020/08/07/piworld-interview-with-richard-leonard-investor-trader-life-in-a-family-office/
Richard has achieved an average annual return of over 30% pa over the last 10 years. Here, he outlines what he looks for to achieve that. Bursting with enthusiasm, together with some great stock picks, with an engagingly honest insight to his reaction to CV19, which many will relate to. Richard believes today is the beginning of an economic cycle, and is a great time for equity investors.
Richard’s background - 00:46
Richard’s investing performance - 02:40
Investing style & stock selection - 03:24
Covid-19 - 07:04
W...2020-08-0755 minPIWORLD Investor PodcastsIG Design Group (IGR) Full Year 2020 resultsThis video can be seen at: http://www.piworld.co.uk/2020/07/28/ig-design-group-…ear-2020-results/
Paul Fineman, CEO & Giles Willits, CFO discuss Full Year 2020 results, (period ending 31.3.20), with piworld’s Tamzin Freeman.
Paul Fineman
Overview – 0:36
CV19 - 02:10
Giles Willits
Financials – 04:00
Paul Fineman
Performance drivers - 05:15
CSS integration - 06:45
Outlook - 07:40
IG Design Group plc, formerly International Greetings plc, is engaged in the design, manufacture and distribution of gift packaging and greetings; stationery and creative play products, and design-led giftware. The Company's geographic segments include UK and As...2020-07-2809 minPIWORLD Investor PodcastsAn hour with Mark Slater – a piworld webinarThis video can be seen at: http://www.piworld.co.uk/2020/07/25/an-hour-with-mar…-piworld-webinar/
Mark Slater, Chairman & CIO at Slater Investments talks to piworld's Tamzin Freeman. Where we learn Mark is looking for companies that will give an investing return of 50-100% over 3-5 years. We get insights on how Mark analyses stocks to identify these compounders. Further, of course, he discusses how he's handled CV19, plus many more nuggets such as his thoughts on Director sells/buys and short attacks.
How much did your father influence your career? - 00:52
How did Slater investment come abou...2020-07-2558 minPIWORLD Investor PodcastsSThree (STEM) Half year results overview July 2020This video can be seen at: https://www.piworld.co.uk/2020/07/20/sthree-stem-half-year-results-overview-july-2020/
SThree CEO Mark Dorman and CFO Alex Smith talk to piworld's Tamzin Freeman giving an overview of the Group's Half Year results for the 6 months ending 31st May 2020.
Mark Dorman, CEO
Results overview - 00:34
Alex Smith, CEO
Financial Highlights 01:20
Mark Dorman, CEO
Effects of COVID 19 - 3:00
Trends in the period - 04:09
Outlook - 06:00
SThree plc is an international staffing company, which provides specialist recruitment services in the science, technology, engineering and mathematics (STEM) industries. T...2020-07-2007 minPIWORLD Investor PodcastsAn hour with Andy Brough – a piworld webinarThis video can be seen at: https://www.piworld.co.uk/2020/07/17/an-hour-with-andy-brough-a-piworld-webinar/
A very entertaining and informative hour with Andy Brough, Head of the UK & European Small & Mid Cap team at Schroders. Andy gives us his tips and insights on how to make money from equities, illustrated with many colourful anecdotes. A great watch for any equity investor.
Andy’s career & the funds - 00:50
What performance are you targeting? - 03:18
How do you manage money? - 07:09
Placings – Weatherspoon (JDW); Dart (DTG); Ted Baker (TED) - 12:52
Will institutional appetite for placings endure? - 14:1...2020-07-1755 minPIWORLD Investor Podcastspiworld Webinar: David Thornton: Small is Beautiful – Why Small Caps & What to Buy Now?This video can be seen at: https://www.piworld.co.uk/2020/07/03/piworld-webinar-david-thornton-small-is-beautiful-why-smal-caps-what-to-buy-now/
David is the Editor of Growth Company Investor, and here we tap into some of the knowledge he’s gleaned from over 1,740 interviews with management, over the 7 years he's been in the role. Firstly, David talks us through why he invests in small caps and illustrates the power of compounding. Then, he outlines how he picks stocks and runs through his current top picks. We finish off with some great audience questions. Enjoy!
David’s background – 00:39
Growth Company Investor – 01:51
Poll - Do you pay...2020-07-0359 minPIWORLD Investor Podcastspiworld webinar: Everything you wanted to know about Corporate Bonds by Paul HawkinsThis video can be seen at: https://www.piworld.co.uk/2020/06/19/piworld-webinar-everything-you-wanted-to-know-about-corporate-bonds-by-paul-hawkins/
A comprehensive overview of Corporate Bonds, for the retail investor who wants to invest in this asset class, but isn't sure how to go about it. Paul is an ex Bond Trader, who very generously shares his knowledge with us. Well worth the hour, if you invest in Corporate Bonds, or you'd like to consider it.
Paul’s background - 00:46
What is a bond? – 04:30
The credit spread – 09:51
How big is the bond market? - 13:53
Bond issuance & trading - 15:45
LSE ORB...2020-06-1957 minPIWORLD Investor Podcastspiworld Thursday webinar: Robin Griffiths' Macro Commentary for InvestorsThis video can be seen at: https://www.piworld.co.uk/2020/06/12/robin-griffiths-macro-commentary-for-investors/
Robin takes us on a bearish economic journey, giving his view for the next few years, then forward to strength driven by China and India. Based on his research, he maps out how investors can optimise their investing returns to benefit from these future trends.
Robin’s background - 00:46
Where do markets go from here? - 04:09
Deflation followed by inflation - 07:52
Will the financial system collapse with the debt? - 11:06
Will the Fed stimulus devalue the dollar? - 13:13
Wher...2020-06-1257 minPIWORLD Investor Podcastspiworld Thursday webinar: David Stevenson COVID investingThis video can be seen here: https://www.piworld.co.uk/2020/06/05/piworld-thursday-webinar-david-stevenson-covid-investing/
Excellent investing insight from David on current valuations, how he’s played the COVID-19 markets to date, and where an investor can find income. Forthright views on sectors, funds and the economy, which make you think. Superb investing entertainment.
David’s career & investing background – 00:42
What are your views on the market strength? – 05:15
Where have you been investing since January to date? – 09:50
Opportunities & themes on David’s watchlist – 16:57
Renewable Energy – 21:13
Gold – 24:57
Income investments including retail bonds – 31:14
Structured products – 39:00
2020-06-0558 minPIWORLD Investor Podcastspiworld webinar: Paul Scott's COVID investingThis video can be seen at: https://www.piworld.co.uk/2020/05/29/piworld-webinar-paul-scotts-covid-investing/
Paul has made good investing returns, so far, in 2020. Hear how he’s achieved that, his picks and strategy going forward for the rest of the year.
Paul’s background - 00:52
How were you positioned going into CV19? - 01:45
Are you surprised how the markets have recovered since March? - 04:19
How are you positioned now? – 05:10
Did you sell anything as their outlook changed? - 05:40
Revolution Bars (RBG) - 06:22
Other opportunities? - 14:45
Scapa (SCPA) - 16:14
Ten Entertainment (TEG) & Hollywoo...2020-05-291h 00PIWORLD Investor Podcastspiworld webinar: Investment Trusts – An Investing Panacea for Pandemics, by Reg HoareThis video can be seen at: https://www.piworld.co.uk/2020/05/22/piworld-webinar-investment-trusts-an-investing-panacea-for-pandemics-by-reg-hoare/
A really valuable overview of Investment Trusts. Reg largely invests his own SIPP in Investment Trusts. He outlines why he thinks ITs are superior, then goes on to guide how to choose ITs, and how to value them. He generously shares his own IT holdings and ends giving his views on the current markets.
Reg’s background – 00:54
Why are investment trust superior? – 02:00
How did ITs perform during the CV19 sell off? - 13:19
Revenue reserves & dividends - 16:48
How to choose investme...2020-05-221h 02PIWORLD Investor PodcastsAir Partner Group plc (AIR) Full Year Results May 2020This video can be seen at: https://www.piworld.co.uk/2020/05/22/air-partner-group-plc-air-full-year-results-may-2020/
piworld's Tamzin Freeman talks to CEO Mark Briffa about the Group's results for the year ended 31st January 2020.
Results overview - 00:22
Highlights of the year - 01:58
Impact of COVID-19 - 05:00
Resilience - 09:15
Cash preservation - 11:32
Outlook - 14:09
Closing remarks - 16:14
Air Partner PLC is a United Kingdom-based aviation services company. The Company provides worldwide solutions to industry, commerce, governments and private individuals. The Company has two divisions: Cha...2020-05-2217 minPIWORLD Investor PodcastsEverything you’ve wanted to know about Market Making … but never been able to ask!This video can be seen at: https://www.piworld.co.uk/2020/05/15/everything-youve-wanted-to-know-about-market-making-but-never-been-able-to-ask/
piworld Thursday webinar 14.5.20, with Spencer Crooks, ex Director of Market Making at Winterflood Securities.
Tamzin opens with some questions, but this was the opportunity for listeners to ask their questions.
Spencer’s background - 00:50
What do Market Makers do? - 01:43
What’s the business model? - 02:44
Why would a Market Maker buy when everyone’s selling? - 03:57
What happens when a Market Maker gets it wrong? - 05:06
Does the risk level ever get too high for the Market Maker? –...2020-05-1555 minPIWORLD Investor Podcastspiworld Thursday webinar: Keith Ashworth-Lord, CIO, Sanford Deland Buffettology FundThis video can be seen at: https://www.piworld.co.uk/2020/05/08/piworld-thursday-webinar-keith-ashworth-lord-cio-sanford-deland-buffettology-fund/
Keith’s COVID-19 survival strategy
Keith’s background – 00:45
The fund’s performance – 04:15
When did you think CV19 was going to affect the markets? – 05:12
Is this bear market different? – 06:25
Did it cause you to sell any companies? – 07:09
Changes in the top 10 holdings – 09:04
Provident Financial (PFG) – 10:25
Which holdings have benefitted from CV19? – 11:40
Are there any new companies in the portfolio? – 12:35
Buying into a company, when does the share price become attractive? – 13:12
Position size of holdings? – 15:52
How has liquidity been ove...2020-05-0854 minPIWORLD Investor Podcastspiworld Thursday webinar with David Buik: Macro Market CommentaryThis video can be seen at: https://www.piworld.co.uk/2020/05/01/piworld-thursday-webinar-with-david-buik-macro-market-commentary/
piworld Thursday webinar with David Buik: Macro Market Commentary
David’s background - 00:35
How does this bear market compare with others? - 02:55
Why do you think the market has been so forgiving? -
09:29 Is the market just looking longer term? - 12:12
Will all the stimulus lead to inflation or stagflation? - 14:23
What are your views on the ECB stimulus, the EUs stability and their banks? - 16:57
Is the Bank of England & HMG doing enough? - 21:33
What taxes will go...2020-05-0159 minPIWORLD Investor Podcastspiworld Thursday webinar: Leon Boros – Investing in the age of uncertaintyThis video can be seen at: https://www.piworld.co.uk/2020/04/24/piworld-thursday-webinar-leon-boros-investing-in-the-age-of-uncertainty/?preview_id=4456&preview_nonce=e65f1323ed&post_format=video&_thumbnail_id=4463&preview=true
Bear markets history and the future – 01:00
Portfolio performance ytd – 17:33
Bioventix (BVXP) – 19:17
Best of the Best (BOTB) – 21:29
Nintendo (TYO: 7974) – 23:18
4Basebio (ETR: 4BSB) – 25:40
Arcontech (ARC) – 27:45
4BaseBio (ETR: 4BSB) – 34:50
Placings – 46:57
Valuing a company incorporating debt – 51:44
Q&A – 59:05
About Leon Boros Leon is a recently retired private investor. Prior to his retirement he was founder and managing director of Equity Strategies, a boutique corporate fin...2020-04-241h 09PIWORLD Investor PodcastsJamie Streeter webinar: Investing, Compounding & Surviving the Corona CrashThis video can be seen here: https://www.piworld.co.uk/2020/04/17/jamie-streeter-webinar-investing-compounding-surviving-the-corona-crash/
The piworld Thursday webinar with Jamie Streeter, (aka @CompoundIncome)
Jamie outlines his approach to investing and his Corona virus investing strategy.
Overview – 00:51
Jamie’s background – 01:40
Evolution as an investor – 02:08
S&P over 35 years – 04:34
Poll: have we hit the low? – 07:26
Why Compound Income? – 08:27
Annualised real returns on asset classes – 11:30
Jamie’s investment philosophy – 13:38
Portfolio construction – 15:37
How Jamie finds shares & further research – 19:12
How Compound Income Scores work – 20:10
Metrics used to identify Quality Income Growth stocks Comparing Vodaphone...2020-04-171h 00PIWORLD Investor PodcastsStephen English webinar: A plague on all our houses - How to repair some of the damageThis video can be seen here: https://www.piworld.co.uk/2020/04/10/stephen-english-webinar-a-plague-on-all-our-houses-how-to-repair-some-of-the-damage/
The piworld Thursday webinar with Stephen English.
Stephen gives us his interpretation of the current COVID-19 markets and his investing strategy to navigate where we're at. Peppered with Stephen's wry humour, and full of investing gems.
It's superb!
Intro - 00:19
For those who don’t know you, give us a very short overview of your background – 00:42
What’s your thoughts on the current market, did you see it coming? – 01:17
Do you think the market has hit the bottom? – 04:17
What is your...2020-04-101h 07PIWORLD Investor PodcastsBango (BGO) presentation at the Progressive Equity Research – piworld investor event, January 2020This video can be seen at: https://www.piworld.co.uk/2020/03/09/bango-bgo-presentation-at-the-progressive-equity-research-piworld-investor-event-january-2020/
Ray Anderson, CEO gives an overview of the Bango (BGO) business model.
Introduction by Gareth Evans, Progressive Equity Research – 00:17
Ray Anderson
Introduction - 00:48
Bango’s market focus - 01:33
In-app payments - 03:13
Partners - 04:58
The Bango virtuous circle - 05:57
Business model & revenue generation - 07:37
Revenue and gross profit - 09:40
Bango’s strategy is delivering - 12:14
Platform capacity – cost stable -13:50
H1 summary - 14:58
Outlook - 15:13
Growing data driven revenues - 16:58
Summar...2020-03-0934 minPIWORLD Investor PodcastsThe Market Maker: Part 1 - Spencer Crooks, ex Director of Market Making at WinterfloodsThis video can be seen at: https://www.piworld.co.uk/2019/11/29/the-market-maker-part-1-spencer-crooks-ex-director-of-market-making-at-winterfloods/
Spencer Crooks, ex Director of Market Making at Winterfloods talks to Tamzin Freeman, piworld.
Spencer gives us a fascinating insight into the day in the life of a Market Maker.
This is the first of two parts. The second part goes into more technical details of market making.
Both parts are a must watch, to understand what’s going on behind the scenes to determine how stocks are priced.
Spencer’s background – 00:22
What do Market Makers do? – 01:35
Risk management by Market Makers...2019-11-2937 minPIWORLD Investor PodcastsInstem (INS) presentation at piworld - Progressive Equity Research event September 2019This video can be seen at: https://www.piworld.co.uk/2019/10/25/instem-ins-presentation-at-piworld-progressive-equity-research-event-september-2019/
Phil Reason, CEO, gives a comprehensive overview of the investment case for Instem.
Introduction by Gareth Evans, Progressive Equity Research – 00:18
Phil Reason, CEO
Introduction – 01:05
What is Instem? – 03:02
Market leader – 06:22
Market drivers – 08:38
INS from discovery to post marketing – 13:13
Study management – 16:42
Regulatory solutions – 19:43
SEND Outsourced Services Growth – 23:04
Informatics – 26:10
Financial highlights H1 19 – 29:50
Summary – 30:20
Q&A – 31:27
Instem plc is a supplier of information technology (IT) applications to the early development healthcare market delivering solutions...2019-10-2542 minPIWORLD Investor PodcastsAir Partner (AIR) H1 results October 2019This video can be seen at: https://www.piworld.co.uk/2019/10/08/air-partner-air-h1-results-october-2019/
piworld’s Tamzin Freeman talks to CEO Mark Briffa about the Group’s half year results for the period ended 31st July 2019.
Introduction – 00:22
Financial highlights – 00:53
Operational highlights – 02:12
Market backdrop – 03:07
Pipeline – 04:37
NGS partnership – 05:22
Outlook – 06:07
Air Partner plc is a United Kingdom-based aviation services company. The Company provides worldwide solutions to industry, commerce, governments and private individuals. The Company has two divisions: Charter division comprising air charter broking and remarketing and t...2019-10-0806 minPIWORLD Investor PodcastsTrinity Exploration & Production (TRIN) H1 2019 results interviewThis video can be seen at: https://www.piworld.co.uk/2019/09/10/trinity-exploration-production-trin-h1-2019-results-interview/
With Jeremy Bridglalsingh Managing Director & CFO interviewed by Tamzin Freeman, piworld.
Jeremy runs through the highlights of H1 19, TRIN's focus, and what investors can expect for the rest of the year.
What are the key developments in H1? – 00:27
With strong revenue & profitability where does that leave the balance sheet? - 01:52
Where will growth come from? - 02:37
Sustainable and significant cash flow generation - 03:44
Where does that sit alongside SPT? - 04:36
What is it that TRIN does diff...2019-09-1012 minPIWORLD Investor PodcastsLord Lee – A taste of Stock Market Investment: Part 2This video can be seen at: https://www.piworld.co.uk/2019/08/30/lord-lee-a-taste-of-stock-market-investment-part-2/
A piworld interview.
Lord Lee, the veteran of stock market investing, continues to impart his wisdom. In this interview, he reflects on stock market cycles, and shares some of the companies he’s buying into after his windfall from Tarsus.
What have you learned from stock market cycles throughout your investing history? – 00:35
Your cash position? – 04:18
Portfolio positioning with the economic cycle – 07:38
What mistakes have you learnt the most from? – 08:45
What are the catalysts to sell? – 11:12
Do you think meeting management is positive or nega...2019-08-3033 minPIWORLD Investor PodcastsThe perspective of a teenage investor, a piworld interview.This video can be seen at: https://www.piworld.co.uk/2019/08/16/the-perspective-of-a-teenage-investor-a-piworld-interview/
If you’re trying to get your teenage relative(s) into investing, watch this.
Ryan began investing at 11 years old, having made money from car boot sales, and other entrepreneurial activities. He opened his account with £1,000. Over the last 6 years, has achieved an average annual return of around 100%! Here, he outlines how he became interested in investing, how he taught himself, and how he goes about achieving those exceptional returns. Hopefully it will inspire more young people to take an interest in investing.
What...2019-08-1632 minPIWORLD Investor PodcastsCastleton Technology (CTP) FY19 results investor presentationThis video can be seen at: https://www.piworld.co.uk/2019/07/09/castleton-technology-ctp-fy19-results-investor-presentation/
A comprehensive overview of FY19 results. *To get an introduction to CTP see links below.
Dean Dickinson CEO
Overview of FY19 results – 00:18
Castleton Community Solution for smaller HAs – 03:14
CTP solution set – 04:13
The market opportunity – 07:29
Case study – 08:45
Haywood Chapman CFO
Financial highlights – 11:17
Contracted backlog & recurring revenue – 13:00
Traction on cross sell – 14:16
Income statement – 15:33
Cash Flow – 18:54
FY19 highlights – 20:00
Dean Dickinson CEO
Growth strategy – 20:38
M&A – 22:25
Our people – 23:50
Product roadmap & prioriti...2019-07-0939 minPIWORLD Investor PodcastsGervais Williams investor interviewThis video can be seen at: https://www.piworld.co.uk/2019/05/03/gervais-williams-investor-interview/
Senior Executive Director, Miton Group plc
Gervais talks to piworld about his background, who influenced his investing style, the macro themes, liquidity, the outlook for the markets and how his funds are positioned.
Introduction & Gervais’ background – 00:20
Who have been the main influencers in your career – 01:55
What was the attraction of joining Miton? – 03:40
Has your investing style changed over time? – 04:32
What macro factors must investors understand? – 05:30
Macro themes – 07:22
When do you sell? – 08:23
What’s your time line when you buy into a...2019-05-0329 minPIWORLD Investor PodcastsThe Journey of the investor from beginner to pro with Graham Neary
This video can be seen at: https://www.piworld.co.uk/2019/02/18/the-journey-of-the-investor-from-beginner-to-pro-with-graham-neary/
The journey of the investor, from beginner to pro – interview with Graham Neary by Tamzin Freeman, piworld.
Graham discusses the investing options for individuals who want to manage their future financial security. He starts with an IFA, covers the use of passive funds, and then moves into the more sophisticated skills of self-investing. Graham describes aspects of his own investing journey, with reference to specific holdings in his own portfolio.
Graham Neary is Director of Cube.Investments, the platform for objective, independent financial analysis, and writes the Sto...2019-02-1836 minPIWORLD Investor PodcastsThe Analyst with Gareth Evans, Progressive Equity ResearchThis video can be seen at: https://www.piworld.co.uk/2019/02/02/the-analyst-with-gareth-evans-progressive-equity-research/
Gareth Evans, Founder Progressive Equity Research interviewed by Tamzin Freeman, piworld
Gareth describes the role of the analyst, clarifying where the analyst sits within the bank/broker’s services, and where they sit commercially. He gives great insight to the delicate balance of client relationships, reputation and integrity. Finally, he covers off the effects of MiFID II.
Gareth has over 15 years research experience covering pan-European Chemicals & Technology sectors. He founded Progressive Equity Research in 2012. Formerly, Gareth held research positions at ABN AMRO, Canaccord & Inve...2019-02-0235 minPIWORLD Investor PodcastsThe Financial PR with Reg Hoare, Managing Director, MHP CommunicationsThis video can be seen at: https://www.piworld.co.uk/2019/01/19/the-financial-pr-with-reg-hoare-managing-director-mhp-communications/
piworld’s Tamzin Freeman interviews Reg Hoare about the role of the Financial PR.
Reg’s background: Reg joined MHP in 2010 and has over 30 years City experience, initially gained with 11 years in investment banking and securities, principally at SG Warburg and Nomura. He switched to financial PR in 1995, and specialises in advising mid market companies, from FTSE 250 to AIM 100 across a number of sectors, and has a long track record of advising in complex situations including IPOs, fund raisings, M&A, crises and restructurings. He also...2019-01-1935 minPIWORLD Investor PodcastseServGlobal (ESG) Interview with Executive Chairman John ConoleyThis video can be viewed at: https://www.piworld.co.uk/2018/08/31/eservglobal-esg-interview-with-executive-chairman-john-conoley/
piworld investor interview with John Conoley, Executive Chairman, eServGlobal
eServGlobal has two parts to the business, can you explain what each does? - 00:22
Can you tell me more about HomeSend? – 02:18
Did HomeSend come out of ESG and mobile money transfer within ESG? – 03:05
What’s the size of the global money transfer market? – 04:01
What does HomeSend offer that legacy systems don’t offer? - 05:34
Is it the technology that’s different from legacy systems? – 07:16
Can you tell us more about the core business? - 08...2018-08-3120 minPIWORLD Investor PodcastsLeon Boros on achieving exceptional investment returns interviewed by Tamzin FreemanFull video can be seen at: https://www.piworld.co.uk/2017/11/08/leon-boros-on-achieving-exceptional-investment-returns-interviewed-by-tamzin-freeman/
Leon Boros on achieving exceptional investment returns.
Interview with Tamzin Freeman, piworld.
Leon Boros’s background – 00:25
Leon’s investment returns – 00:52
2008 & 2001 – 02:55
Cash levels – 05:12
Trader or investor – 05:56
Leon’s criteria for share selection – 08:22
Weighting of the portfolio – 09:55
Qualitative selection criteria – 11:23
Shares conforming to Leon’s criteria – 14:24
Speed of return – 18:35
What makes you sell – 20:07
Why do PV Crystalox & Cloudcall make it into your portfolio? – 24:07
Can a retail investor withou...2018-07-2039 minPIWORLD Investor PodcastsBehavioural Investing: Tamzin Freeman Interviews Clare Flynn Levy, Essentia AnalyticsFull video can be seen at: https://www.piworld.co.uk/2017/12/21/behavioural-investing-interview-with-clare-flynn-levy-essentia-analytics/
Clare Flynn Levy founder of Essentia Analytics gives us insight into the behavioural aspects of investing.
Clare covers the issues of selling your losers, over confidence and over trading. She emphasises outperformance all comes down to you. Citing the best fund managers are skilled but humble.
Interviewed by piworld’s Tamzin Freeman.
Clare’s background and how it led to Essentia Analytics – 00:43
What data do Essentia look at to track behaviour? – 04:20
In stock picking what information are you looking...2018-07-2037 minPIWORLD Investor PodcastsMiFID II & the private investor. Tamzin Freeman interviews Rob Mundy of Research TreeFull video casn be seen at: https://www.piworld.co.uk/2017/09/08/mifid-ii-the-private-investor/
piworld interviews Robert Mundy, co-founder of Research Tree, to understand how MiFID II legislation, coming into effect from January 2018, will affect the research available to the retail investor.
How is research currently paid for? – 0:39
How will MiFID II change how research is paid for? – 1:46
How will MiFID II affect the retail investor? – 2:57
Will the private investor still be able to get forecasts (PTP, EPS, Rev) on the various investor platforms? – 5:41
Will private inve...2018-07-2016 min