PIWORLD audio investor podcasts

David Buik’s Macro Commentary: Interest rates, inflation & investments and much more.

David gives a stream of consciousness, with his views on economic growth, interest rates, the Governor of the Bank of England, taxes, Government policy, and the relationship between the Bank of England and the Treasury. With COP26 being held earlier this week, he believes the Government have to set unachievable goals to make change happen. Finally he shares where he’ll be investing his money with this macro backdrop. He likes property and equities, especially tech, healthcare and biotech. He thinks Japan is interesting, but will avoid gold, commodities and bitcoin; he likes to sleep easily at night!

00:18 Introduction
01:14 Are OBR economic growth forecasts realistic?
04:38 Inflation and interest rates
12:45 Energy costs and green energy
16:23 Inflation
19:44 Tapering
20:39 Bond yield curve
21:28 Inflating away debt
25:53 Taxation
31:42 Where are investors best to invest their money for their future security both asset classes and sectors

About David Buik
David Buik worked in the City throughout his career, mainly for companies involved in money broking – EXCO, Prebon Yamane and BGC Partners and subsequently spreadbetting including City Index and Cantor Index. David was awarded an MBE in 2016 for his services to Financial Services. He often appears as a pundit on BBC and many other international TV and radio news channels. In 2020 he became a consultant to Aquis Exchange* (AQX).

*About Aquis Exchange (AQX)
Aquis Exchange PLC, formerly Aquis Exchange Limited, is a United kingdom-based company that operates as a pan-European cash equities trading exchange. The Company’s lit order book allows institutional traders to trade the stocks from 14 European countries. Its Market at Close order type allows members to enter orders on Aquis Exchange at the closing price of the market-of-listing end-of-day auction. It offers trading in a range of European financial instruments, including the constituents of the European indices from various markets. Its software and technology division, Aquis Technologies, develops trade surveillance and matching engine software for banks, investment firms and exchanges. Aquis Market Surveillance is a market surveillance platform for exchanges, multilateral trading facility, brokers and other trading firms. The features of its AMS include case management, market abuse indicators, management information system, order book replay and intraday alert parameter control.

The Stockopedia/PIWORLD Virtual StockSlam October 2021

This 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 no doubt what Thruvision (THRU) does!

These are just ideas, remember the presenter probably is talking their own book. Please do your own research!

If you’d like to slam at a future StockSlam, please contact me via the PIWORLD contact page. These events are dependent on the 'Slammers'.

00:20 Introduction by Damian Cannon
03:41 Driver Group (DRV) – Damian Cannon
10:24 Crystal Amber (CRS) – Dee O’Hare
17:08 S&U (SUS) - Lewis Robinson
23:30 UP Global Sourcing (UPGS) – Mark Bentley
30:21 RBG Holdings (RBGP) – Jack Brumby
37:18 Pebble Beach Systems (PEB) – James Nelson
44:13 Thruvision (THRU) – Leo Investor
52:46 MISSION (TMG) – David Thornton
01:00:00 Marshall Motor Holdings (MMH) - D’Arcy Andrews
01:06:35 Damian Cannon closing remarks

Thank you to all the 'slammers', it doesn't happen without you!

The next Stockopedia/PIWORLD StockSlam is Wednesday 9th February, 6pm, please register via the events page.

PIWORLD interview with Simon Laffin: Secrets of the Boardroom - What every investor should know

A 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 interest to investors
02:53 What are the most common problems in the boardroom?
05:39 Simon's most uncomfortable board experience?
12:07 The most important financial metrics for the board to be aware of?
20:30 Do Board Directors and The City have a good moral compass?
22:40 LTIPS and remuneration
29:06 Acquisitions
40:36 How can we spot a bad board?
45:23 The book: Behind Closed Doors: The Boardroom, how to get in, get on and make a difference; and where to find Simon.

Amazon links to the books mentioned:
Behind Closed Doors - Simon Laffin
The Signs were there - Tim Steer
Accounting for Growth - Terry Smith

About Simon
Simon Laffin is an experienced chairman and non-executive director. He has served on both public and private boards, as well as having worked in private equity and been a FTSE-100 CFO. He is currently a non-executive director at Dentsu Group Inc (a Japanese-based global media company) and Watkin Jones plc (a listed UK property company). Previously, he has chaired Assura plc, Flybe Group plc and Hozelock Group, and served as a non-executive on Quintain Estates & Development plc, Aegis Group plc, Mitchells & Butlers plc, and Northern Rock plc (as part of the rescue team). His early career stretched from being a milkman, working in a post-room, to being a store manager and CFO at Safeway plc.

Simon is passionate about making boards work better, for directors to learn from their own and others’ mistakes, for greater diversity at all layers of management, but especially in the boardroom, and for regulators to participate in helping boards make better decisions (instead of taking pot shots from the sidelines).

Contact Simon through his website: http://www.simonlaffin.com/

GetBusy (GETB) CEO interview - October 2021

GetBusy's CEO, Daniel Rabie outlines what the business does, the market drivers and the growth strategy through organic growth and acquisition, including the two new acquisitions of Quoters and DocDown. GETB aspire to double their ARR over the next 5 years.

00:21 What Get Busy does
00:55 Market drivers
02:30 The growth strategy
03:10 Acquisitions: 1. Quoters 2. DocDown
04:38 The opportunity

GetBusy plc is a United Kingdom-based company. The company is engaged in document management software business. The Company’s product offering includes Virtual Cabinet and SmartVault. The Virtual cabinet is document management software focused on the medium size to enterprise size content management (ECM) markets. It is used by accounting firms in the United Kingdom. SmartVault product is document management software targeting the professional small and medium enterprise (SME) market. The Company has operations across the United Kingdom, United States, Australia and New Zealand.

PIWORLD: Sell it to the City - October 2021

Andy 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 Asset Management, who listen to pitches by John Marriott (@F15JCM), Rebecca Stewart (@Reb40 AKA Aston Girl), Ryan Rahimikia (@Ryankia2) and Richard Crow (@RebelHQ AKA Cockney Rebel). Both sides, the pitches, and the fund managers questions and comments are enlightening.

The format is work in progress. Get in touch with any comments. If you would like to get your name and a stock idea in front of top fund managers to 'Sell it to the City', contact via the PIWORLD contact page (link below).

00:18 Introduction & background.
02:13 John Marriott – Brave Bison (BBSN).
09:46 Fund manager questions on Brave Bison. (Mentions Mission (TMG) & STV (STVG)).
14:30 Fund manager feedback on Brave Bison. (Mentions Digitalbox (DBOX)).
18:00 Rebecca Stewart – Springfield Properties (SPR).
22:20 Fund manager questions Springfield Properties.
25:08 Fund Manager feedback on Springfield (Mentions: MJ Gleeson (GLE)).
27:45 Ryan Rahimikia: TransferWise (WISE).
34:30 Fund manager questions on TransferWise. (Mentions: Alpha Fx (AFX))
41:30 Fund manager feedback on TransferWise.
45:11 Richard Crow – Creightons (CRL)
51:00 Fund manager questions on Creightons. (Mentions Warpaint (W7L)
57:28 Fund manager feedback on Creightons.
01:00:52 The results: who Sold it to the City?

If you would like to pitch at the next Sell it to the City, please contact us here.

Vertu Motors (VTU) interim results presentation - October 2021

Vertu 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 Forrester, CEO
00:05  Introduction
00:36  The history & highlights of H1 FY22
05:21  H1 FY22  financial KPIs (slide 5)

Karen Anderson, CFO
06:20  Financial results

Robert Forrester, CEO
16:11  Strategic update (slide 13)
38:20  Current trading and outlook 

Vertu Motors plc is an automotive retailer in the United Kingdom. The principal activity of the Company is the sale of new cars, motorcycles, and commercial vehicles and used vehicles, together with related aftersales services. The Company is engaged in the provision of management services to all subsidiary statutory entities. The Company operates a chain of franchised motor dealerships offering sale, servicing, parts and bodyshop facilities for new and used car and commercial vehicles. The Company also operates various franchise dealerships, such as Volvo, Volkswagen, Land Rover, Audi, Mercedes-Benz and Jaguar, and operates Honda dealerships in the United Kingdom. The Company operates approximately 125 franchised and over three non-franchised operations across England and Scotland. The Company's subsidiaries include Bristol Street First Investments Limited, Bristol Street Fourth Investments Limited, Vertu Motors (VMC) Limited and Grantham Motor Company Limited.

Produced by BRR Media. Distributed by PIWORLD.

1Spatial (SPA) interim results presentation - September 2021

1Spatial's CEO, Claire Milverton and CFO, Andy Fabian present 1Spatial’s interim results for the period ending 31 July 2021.

Claire Milverton, CEO.
00:17 Introduction
00:58 Overview of 1Spatial plc
01:41 The importance of location data
02:59 Growth gear change
04:06 Proof the strategy is working
05:10 NUAR contract
06:06 Defra and the Rural Payments Agency contract
06:30 HM Land Registry contract
06:57 New UK Government contract
07:17 Next generation 911 contract

Andy Fabian, CFO
08:12 HY22 highlights
09:17 Growth in ARR
10:46 Regional revenue growth
11:39 Summary P&L and margin
12:50 Cash flow
14:14 Financials conclusion

Claire Milverton, CEO.
15:03 Market, strategy & opportunity
15:12 Transformational market opportunity
16:09 Delivering on the growth strategy
19:02 Outlook
21:07 Q&A

Claire Milverton, CEO.
32:42 Closing remarks

1Spatial plc is a holding company. The Company's principal activity is the development and sale of information technology software along with related consultancy and support. It operates through three segments: Geospatial, Cloud Services and Central costs. The Geospatial segment includes the core 1Spatial Group, including France and Belgium, and Laser Scan Inc. The Cloud Services segment is represented by Enables IT and its two smaller businesses: Avisen and Storage Fusion Limited, and its associate, Sitemap Limited. Its geospatial technology enables organizations to manage, validate, integrate and interpret spatial data from different sources. Its products and services include 1Integrate for ArcGIS, 1Spatial Cloud, 1Spatial Management Suite, Elyx Suite, FME, Geocortex, G-Cloud Services, consultancy, support and training. Its clients include national mapping and cadastral agencies, utility and telecommunications companies, and government departments, including census bureaus.

PIWORLD Interview with Iain Staples: Investing in dynamic companies

Iain 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 and enlightening interview.

00:41 Iain’s background
03:49 Sectors and themes Iain likes
05:11 Selection criteria for investments
09:58 Innovation: Oxford Instruments (OXIG), Spectris (SXS) Xp Power (XPP), Big Technologies (BIG)
11:54 Strategic assets: Elementis (ELM)
13:00 Are you limited in what you can invest in, by company size?
14:17 What companies offer good value at the moment?
15:03 Eurocell (ECEL)
15:26 Strix (KETL)
17:56 XP Power (XPP)
24:40 Battery storage: Invinity Energy Systems (IES).
(PIWORLD interview with CEO of IES https://www.piworld.co.uk/company-videos/piworld-interview-with-invinity-energy-systems-ies-ceo-larry-zulch/)
33:10 Meditech 33:34 Renalytix (RENX)
40:30 Luceco (LUCE)
(LUCE H120 results https://www.piworld.co.uk/company-videos/luceco-plc-luce-interim-results-september-2020/)
43:00 Learning from mistakes Saietta (SED); 46:13 NCC (NCC)
49:38 Current market valuations

Iain Staples works on:
Schroders UK Smaller Companies Fund:
Schroders Dynamic UK Smaller Companies Fund
https://www.schroders.com/

About Iain Staples:
Iain’s first proper job, after studying maths and theoretical physics at Cambridge and Manchester, was at LEK Consulting, the corporate strategy consultant. After cutting his teeth on anything from potash mines in Spain to launching a low cost carrier for BA, he moved to Hoare Govett in 1999 in its TMT equity research team, just before the dot com bubble started to expand. After it duly popped, he emerged somewhat wiser from the experience and worked for ten years on the sell side, ending up at Altium as a roving analyst. Since 2012, he has worked at Schroders and took on his first fund in 2015.

Personal Group (PGH) interim results presentation - September 2021

Personal Group's CEO, Deborah Frost and CFO, Sarah Mace present the interim results for the period ended 30 June 2021. They are in the sweet spot providing benefits and services to improve employee wellbeing and engagement. Although hit by CV19 they are now benefiting from strong market tail winds with the insurance business picking up, Sage Employee Benefits demonstrating a significant growth in ARR and client numbers and HapiFlex delivered and live for the first client. This includes a helpful client testimonial from Sage.

Deborah Frost, CEO
00:17 – Introduction & business overview
02:40 – Highlights

Sarah Mace, CFO
05:15 – Financial results

Deborah Frost, CEO
12:51 – Strategic & operational review
21:48 – HapiFlex by Personal Group
24:45 – Sage Employee Benefits
30:30 – Innecto
31:51 – Let’s Connect
32:28 – Key takeaways

33:40 – Q&A
40:27 – Closing remarks

Personal Group Holdings PLC (PGH) is a United Kingdom-based employee benefits and services provider. The Company is principally engaged in transacting short-term accident and health insurance and providing employee services in the United Kingdom (UK). PGH's employee engagement and wellbeing services are delivered through its application, Hapi. The Company's segments include Core Insurance, IT Salary Sacrifice, software as a service (SaaS) and Other. The Core Insurance segment comprises of Personal Assurance Plc, a subsidiary of the Company, which is engaged in underwriting insurance policies. The IT salary sacrifice segment refers to the trade of PG Let's Connect, a salary sacrifice technology. The SaaS segment is engaged in offering Hapi platform. The Other segment consists of Berkeley Morgan Group (BMG) and its subsidiary undertakings, and Personal Management Solutions (PMS). Its clients include Francis Crick Institute, Bristol Airport, Arsenal Football Club and The British Library.

Air Partner (AIR) interim results 2021 overview – September 2021

Air Partner’s CEO Mark Briffa discusses interim results for the period ended 30 June 2021. A very positive period resulting in another upgrade to expectations for the full year. We start to see how the strategy is coming together, including the recent acquisition of Kenyon.

00:29 Overview of the period
01:38 Strategy update
02:43 Kenyon
03:52 Outlook

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 the Air Partner Safety & Security division comprising the aviation safety consultancies, Baines Simmons, Clockwork Research and SafeSkys, as well as Air Partner's Emergency Planning Division. In addition, for reporting purpose, the Company is structured into four divisions: Commercial Jets, Private Jets, Freight (Charter) and Air Partner Safety & Security (Baines Simmons, Clockwork Research, SafeSkys and Air Partner's Emergency Planning Division).

CVS Group (CVSG) full year 2021 results presentation September 2021

CVS Group's CEO Richard Fairman, CFO, Robin Alfonso & COO, Ben Jacklin present full year results for the year ended 30 June 2021. Impressive numbers with total sales growth up 19.2% and adjusted EBITDA +37.3% with strong tailwinds in the UK pet care sector.

Richard Fairman, CEO
00:17 – Introduction & agenda
00:50 – Overview
02:22 – Our integrated model
03:45 – Market & strategy update

Robin Alfonso, CFO
08:14 – Financial review

Ben Jacklin, COO
15:32 – Strategic & operational update

Richard Fairman, CEO
22:31 – Outlook

25:01 – Closing remarks

CVS Group plc is a holding company. The principal activities of the Company are to operate animal veterinary practices, veterinary diagnostic businesses, pet crematoria and an online pharmacy and retail business. Its segments are Veterinary Practice, Laboratories, Pet Crematoria and Animed Direct. The Veterinary Practice segment offers treatment for companion animals, equine and farm animals. The Laboratories segment provides diagnostic services to its veterinary practices and third-parties. Its laboratories provide Biochemistry, hematology, histology, serology and advanced allergy testing. The Pet Crematoria segment offers pet cremation services to its veterinary practices, third-party practices and directly to pet owners. The Animed Direct segment sells prescription and non-prescription drugs, pet food and other animal related products through its Website. It operates approximately 360 veterinary practices, four diagnostic laboratories, seven pet crematoria and an online dispensary.

Litigation Capital Management (LIT) full year 2021 results presentation September 2021

LCM's CEO, Patrick Moloney, Executive Vice Chairman, Nick Rowles-Davies & CFO, Mary Gangemi present full year results for the year ended 30 June 2021. They achieved sustained growth and strong financials in disrupted market conditions. Going forward they are growing AUM with increased capital available to facilitate continued growth, they have a mature portfolio of high yielding assets, and feel the future market conditions will drive demand for LCM's capital.

Patrick Moloney, CEO
00:17 – Introduction & Overview
03:21 – Building scale
06:10 – Maintaining performance

Mary Gangemi, CFO
08:44 – Financial review

Patrick Moloney, CEO
11:23 – Portfolio review

Nick Rowles-Davies, Executive Vice Chairman
20:15 – Market dynamics

Patrick Moloney, CEO
26:55 – Outlook

31:27 – Q&A
54:58 – Closing remarks

Litigation Capital Management Limited is an Australia-based litigation finance company. The Company is an alternative asset manager specializing in disputes financing solutions internationally. It operates through two business models: direct investments and funds management. LCM's investment strategies include single-case, portfolios, and acquisition of insolvency claims. Its single-case investment includes investment in a single dispute globally. Its portfolio includes funding a bundle of single disputes in which LCM's capital investment is collaterally secured against the proceeds of the entire portfolio of disputes. Its acquisition of insolvency claims includes investment in smaller disputes through the acquisition or assignment of the underlying cause of action. The Company's product includes Fully Litigation, Litigation for finance companies, Funding for financial international arbitrations, Law firm/Portfolio funding, Disbursement finance, Security for costs, and others.

Judges Scientific plc (JDG) Interim results presentation September 2021

Judges' CEO, David Cicurel, Gp FD, Brad Ormsby and COO, Mark Lavelle, present interim results for the period ended 30 June 2021. The Board is confident that the Group will exceed market expectations for the year. The order intake, revenue, profit and cashflow have recovered well from CV19. The organic orders to the end of August are up 23% yoy, although the environment is still challenging,. They have a new £60m five-year bank facility to provide greater acquisition financing capability.

David Cicurel, CEO
00:16 – Introduction to Judges
03:02 – Key messages

Brad Ormsby, CFO
06:37 – Financial review

David Cicurel, CEO
21:35 – Growth strategy
32:40 – Outlook
35:11 – Investment case

36:35 – Q&A
51:16 – Closing remarks

Judges Scientific plc is a United Kingdom-based company, which is engaged in the acquisition and development of a portfolio of scientific instrument businesses. The Company's activities are predominantly in or in support of the design and manufacture of scientific instruments. Its segments include Materials Sciences and Vacuum. Its subsidiaries include Armfield Limited, engaged in the design and marketing of engineering equipment and research instruments; Fire Testing Technology Limited, which is engaged in the design, manufacture and service of instruments that measure the reaction of various materials to fire; Scientifica Limited, which offers micropositioning equipment, microscopes and advanced imaging systems used in electrophysiology and neuroscience; Quorum Technologies Limited, which manufactures scientific instruments primarily used for electron microscopy sample preparation, and Sircal Instruments (UK) Limited, which designs, manufactures and distributes rare gas purifiers.

FireAngel (FA.) interim results overview September 2021

FA. Executive Chairman, John Conoley gives an introduction to the company and an overview of the results for the six months ending 30th June 2021.

John Conoley, Executive Chairman
00:34 – An introduction to FireAngel
04:04 – H1 21 overview
05:21 – Financial highlights
08:13 – How Have you started to deploy the net proceeds from the £9m fundraised in April?
13:55 – Strategic priorities
15:51 – Summary & outlook

Fireangel Safety Technology Group plc, formerly Sprue Aegis plc, is engaged in the business of design, sale and marketing of smoke and carbon monoxide (CO) detectors and accessories. The Company also operates its own CO sensor manufacturing facility in Canada. The Company is also a provider of home safety products. The Company's principal products include smoke alarms and CO alarms and accessories. Sprue manufactures CO sensors for use in all its CO alarms. Sprue serves in the United Kingdom retail and the United Kingdom's fire and rescue services. The Company offers a range of brands, including FireAngel, AngelEye, Pace Sensors, First Alert, SONA, BRK and Dicon brands. The Company's subsidiaries include Sprue Safety Products Limited, which is engaged in distribution of smoke and CO alarms, and Pace Sensors Limited, which is a manufacturer of CO sensors.

PIWORLD Interview with Christopher Mills: Spotting value & doing something about it

Christopher 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 about, with each, we can hear his strategic thinking, for example with AssetCo where Martin Gilbert, ex Aberdeen Asset Management has joined as Chairman, who is starting to build another leading asset management company; likewise those building blocks with Frenkel Topping and Polar Capital. A very engaging interview that gives us a sense of Christopher, his razor sharp mind, and why he's such a successful investor.

00:49 Christopher’s career and Harwood Capital
03:33 What are you looking for in the companies in which you invest?
05:30 What about life sciences do you like?
08:03 Circassia (CIR)
12:45 Sourcebio International (SBI)
16:58 Clinigen (CLIN)
18:14 Polar Capital (POLR)
20:07 AssetCo (ASTO)
21:34 Frenkel Topping (FEN)
29:15 Successes: how do you find the right strategy & management? MJ Gleeson (29:40), EKF (30:24) & Augean (33:48)
35:50 When it goes wrong
39:03 Why is the discount to NAV so wide for the North Atlantic Smaller Companies IT (NASCIT)?
44:10 Remaining ambitions

Harwood Capital Management: https://www.harwoodcapital.co.uk/

About Christopher Mills
Chief Executive Officer and principal shareholder of Harwood Capital Management since 2011. He founded JO Hambro Capital Management with Jamie Hambro in 1993 acting as Chief Investment Officer and Harwood Wealth with Alan Durant in 2013 until their respective sales in 2011 and 2020. He is CEO of North Atlantic Smaller Companies Investment Trust (“NASCIT”) which he has managed since 1982 and Executive Director of Oryx International Growth Fund which he has managed since 1995. NASCIT has delivered a total NAV per share of nearly 200x under Mr Mills’ management and is the winner of numerous Micropal Sunday Telegraph and S&P investment trust awards. He has sat on the Board of over 100 companies during his career including most recently Augean, MJ Gleeson, SureServe, Frenkel Topping and is currently Chairman of EKF Diagnostics and Renalytix AI. He was awarded a scholarship to go to university by Samuel Montagu and has a BA in Business Studies.

The Property Franchise Group (TPFG) Interim results presentation September 2021

The Property Franchise Group CEO, Gareth Samples and CFO, David Raggett present the H1 results for the period ended 30th June 2021. These are record results due to the increased activity in the sales and lettings market. Looking forward, they anticipate the full year to be ahead of expectations. Further, they update on the execution of the strategy with Ewe Move, Hunters, the partnership with LSL and the post-period acquisition of The Mortgage Genie. A very confident presentation.

Gareth Samples, CEO
00:17 – Introduction & company overview
06:02 – Summary of the period

David Ragget - CFO
07:01 – Financial results

Gareth Samples, CEO
18:34 – Strategic initiatives
29:08 – Hunters integration update
30:25 – Market update
35:01 – Outlook

36:27 – Q&A
52:31 – Closing remarks

The Property Franchise Group plc, formerly MartinCo PLC (MartinCo), is engaged in residential property franchise business. The Company operates as a franchise model focused on the United Kingdom residential lettings and property management services offered to private clients. It also offers estate agency services. Its brands include Martin & Co, Xperience, Ellis & Co, CJ Hole, Parkers and Whitegates. Martin & Co is a national brand with approximately 200 offices distributed across the United Kingdom. Martin & Co is a specialist lettings and property management business. Xperience brand includes is the property franchise business. Ellis & Co has over 20 offices within the M25 and one office in Tonbridge, Kent. CJ Hole is engaged in selling property within the estate agency market in the South West with over 20 offices throughout Bristol, Somerset and Gloucestershire. Its subsidiaries include Martin & Co (UK) Limited, Xperience Franchising Limited and Whitegates Estate Agency Limited.

Attraqt Group (ATQT) interim results 2021 overview

Attraqt's CEO, Mark Adams summarises the interim results for the period ending 30th June 2021.

00:30 H1 21 overview
01:45 Highlights of the period
02:49 Progress against strategic priorities
04:46 The new hires
05:30 The future

Attraqt Group plc is a United Kingdom-based company, which enables brands, manufacturers and retailers to optimize the electronic commerce site. Through its platforms, Fredhopper Discovery Platform, Early Birds and software Experience Orchestrator (XO), the Company provides a set of application programming interface (API)-enabled, algorithm-driven, intelligent software as a service (SaaS) services covering personalization, search, navigation, merchandising, recommendations and internationalization. The Company offers a search system that provides a machine learning-based solution for matching a text string entered into a search box on an electronic commerce site against the products on that site. The Company partners with brands and specialist retailers across sectors, including fashion, footwear, homeware, health and beauty, grocery, electronics, business to business (B2B), sports and outdoor.

CVS Group (CVSG) Full Year 2021 results overview September 2021

CVS's CEO, Richard Fairman gives an overview of full year results for the year ended 30th June 2021.

00:21 - FY20 highlights
02:03 - Strategic progress
05:26 - Outlook

CVS Group plc is a holding company. The principal activities of the Company are to operate animal veterinary practices, veterinary diagnostic businesses, pet crematoria and an online pharmacy and retail business. Its segments are Veterinary Practice, Laboratories, Pet Crematoria and Animed Direct. The Veterinary Practice segment offers treatment for companion animals, equine and farm animals. The Laboratories segment provides diagnostic services to its veterinary practices and third-parties. Its laboratories provide Biochemistry, hematology, histology, serology and advanced allergy testing. The Pet Crematoria segment offers pet cremation services to its veterinary practices, third-party practices and directly to pet owners. The Animed Direct segment sells prescription and non-prescription drugs, pet food and other animal related products through its Website. It operates approximately 360 veterinary practices, four diagnostic laboratories, seven pet crematoria and an online dispensary.

Somero Enterprises (SOM) H1 results September 21

Somero CEO, Jack Cooney, CFO, John Yuncza and VP of Finance, Enzo LiCausi outline the interim results for the period ended 30 June 2021. They have experience unprecedented demand, delivering record revenue, profits and operating cashflow. In June, they introduced the Somero SkyStrip expanding their portfolio to 18 products. Looking forward they are planning to increase the operating capacity at the Michigan facility by 35%. As for the outlook, they are raising guidance, expecting revenues of $120m and EBITDA of $42m. A very confident presentation.

Jack Cooney, CEO
00:17 - H1 2021 Highlights

John Yuncza, CFO
02:51 - Financial highlights

Enzo LiCausi, VP of Finance
09:25 - Operating results

John Yuncza, CFO
13:22 - Strategy update
18:51 - ESG
21:15 - Outlook

23:49 - Q&A

Jack Cooney, CEO
52:26 - Closing remarks

Somero Enterprises, Inc. is a manufacturer of laser-guided equipment. The Company's equipment automates the process of spreading and leveling volumes of concrete for commercial flooring and other horizontal surfaces, such as paved parking lots in North America. The Company's products include S-22E, S-15R, S-15M, STS-11M, S-840, S-485, CopperHead XD 3.0, Mini Screed C, PowerRake 3.0, 3-D Profiler and SiteShape. Its Somero Floor Levelness System monitors Laser Screed performance, operator performance and reports alert percentages of issues. The Somero SiteShape System allows for grade shaping automatically using users' motor grader, dozer or other grading machine. The Somero 3-D Profiler System allows automatic paving of contoured sites using a Somero Laser Screed equipment. The CopperHead XD machine encounters applications, such as chaired rebar, low slump and poor subgrades. The Somero eXtreme Platform (SXP) allows users use their Laser Screed equipment.

Litigation Capital Management (LIT) full year 2021 Results overview

LCM's CEO, Patrick Moloney gives an overview of the period ended 30th June 2021.

00:25 – FY21 highlights
01:50 – Financial performance
02:47 – Portfolio development
05:10 – Measuring success
06:49 – Market dynamics
08:52 – Outlook

Litigation Capital Management Limited is an Australia-based litigation finance company. The Company is an alternative asset manager specializing in disputes financing solutions internationally. It operates through two business models: direct investments and funds management. LCM's investment strategies include single-case, portfolios, and acquisition of insolvency claims. Its single-case investment includes investment in a single dispute globally. Its portfolio includes funding a bundle of single disputes in which LCM's capital investment is collaterally secured against the proceeds of the entire portfolio of disputes. Its acquisition of insolvency claims includes investment in smaller disputes through the acquisition or assignment of the underlying cause of action. The Company's product includes Fully Litigation, Litigation for finance companies, Funding for financial international arbitrations, Law firm/Portfolio funding, Disbursement finance, Security for costs, and others.

Diaceutics (DXRX) interim results presentation September 2021

Diaceutics CEO, Peter Keeling and CFO, Philip White present the half year results for the period ending 30th June 2021. The DXRX platform services the unmet diagnostic commercialisation needs of the pharmaceutical industry. The engagement from clients on the DXRX platform is ahead of the Board's expectations, and the progress made with their laboratory network during H1, sets them in good stead for H2. They anticipate a more balanced first half, second half weighting compared to previous years.

Peter Keeling, CEO
00:17 - Introduction & overview
02:52 - Strategic roadmap
04:13 - Business transformation
09:00 - Highlights

Philip White, CFO
15:55 - Benefits of DXRX
18:19 - Financial highlights

Peter Keeling, CEO
26:24 - Outlook

33:01 - Q&A

49:56 - Closing remarks

Diaceutics PLC is a United Kingdom-based data analytics and implementation services company which services the global pharmaceutical industry. The Company offers end to end services that encompasses from understanding the diagnostic landscape to test implementation into treatment pathways to enable better treatment decisions for patients. The Company’s data analytics and implementation services, including Landscape, Tracking, and Primary Market Research, leverages the diagnostic testing information to provide data-driven insights to drive seamless integration of diagnostic tests into treatment pathways. Its implementation services include Planning, Commercialization and Reimbursement Landscapes, to build the strategies and implement the tactics that drives optimal test utilization, ensuring that patients are getting the right treatment.

RA International (RAI) 2021 Interim results presentation

RAI's CEO, Soraya Narfeldt, COO, Lars Narfeldt & CFO, Andrew Bolter present H1 results for the period ending 30th June 2021, which are in line with expectations. More details are given on Mozambique, and the significant new contract awards which give a sense of the outlook and the strength of the business going forward. It includes Q&A from the investor audience.

Soraya Narfeldt, CEO
00:16 - Introduction & agenda
00:44 - H1 21 Headlines

Andrew Bolter, CFO
01:54 - Financial performance
06:01 - Operational focus

Lars Narfeldt, COO
06:34 - Mozambique update
09:17 - Strategic execution
16:54 - ESG

Andrew Bolter, CFO
18:54 - Outlook

Soraya Narfeldt, CEO
20:45 - Summary

21:51 - Q&A
31:51 - Closing remarks

RA International Group PLC is a United Kingdom-based remote site service provider. The Company offers integrated camp services, from the construction of camp facilities to full life support services- including camp catering and camp maintenance services for clientele operating in remote and challenging environments. It focuses on providing remote site solutions for those involved in humanitarian operations, and the oil and gas and mining industries. The Company’s service offerings include construction, operation and maintenance, integrated facilities management, supply chain, and accommodation. It provides its services to mining, oil and gas, and humanitarian.

Bonhill Group (BONH) Interim results September 2021

Bonhill's CEO, Simon Stilwell and CFO, Sarah Thompson present the interim results for the period ended 30th June 2021.

Simon Stilwell, CEO
00:17 – Introduction & Agenda
00:42 – H1 Headlines

Sarah Thompson, CFO
01:54 – Financial results

Simon Stilwell, CEO
04:42 – Rebranding
05:39 – Global events
06:46 – ESG
08:07 – H2 Focus on delivery
08:59 – Summary & Outlook

Bonhill Group PLC, formerly Vitesse Media Plc, is a United Kingdom-based business to business (B2B) media company. The Company provides business information, live events and data and insight propositions to international technology, financial services and diversity business communities. Business information includes digital/print magazines, online portal, digital content, video, audio, content syndication and marketing services. Live events include various formats, such as awards, summits, conferences, career fairs and workshops. Data and insight include industry research programs, white papers, market research and survey, directories, industry/company data product, workflow management solution and bespoke consultancy. The Company’s flagship titles include SmallBusiness.co.uk, Information Age, GrowthBusiness.co.uk and What Investment.

Made.com (MADE) interim results presentation September 2021

MADE CEO, Philippe Chainieux and CFO Adrian Evans outline the highlights of the period, including a strategy update and financial review.

00:18 Introduction by Philippe Chainieux, CEO
00:40 Video highlighting the H1 achievements
02:17 The key figures & core strengths by Philippe Chainieux, CEO
07:10 The financial review by Adrian Evans, CFO
10:33 Summary and outlook by Philippe Chainieux, CEO

Made.com Group Plc is a United Kingdom-based holding company. The Company through its subsidiary, Made.com Limited, is engaged in the online retail of furnishings and homeware. The Company operates under two reportable segments: UK operations and Continental Europe operations. It sells its products across the United Kingdom, Germany, Switzerland, Austria, France, Belgium, Spain and the Netherlands through its e-commerce platform. The Company partners with over 150 established and up-and-coming designers, artists and collaborators. The Company's subsidiaries also include Made.com Design Ltd, Made.com Netherlands B.V, Made.com Trading Limited and Made.com Company Limited.

SThree (STEM) Q3 2021 Trading update to analysts

SThree CEO, Mark Dorman and CFO, Andrew Beach give a trading update for Q3 2021. A very strong performance for the group with net fees up 11% in the quarter. Investment will gather pace through the remainder of the year with the benefits to be seen FY22. The outlook for the full year is anticipated to be significantly ahead of expectations , following the upwards revision provided in June 2021.

Mark Dorman, CEO
00:18 – Q3 Summary

Andrew Beach, CFO
01:53 – Financial highlights

Mark Dorman, CEO
07:38 – Q3 Outlook
08:56 – Q&A
16:30 – Closing remarks

SThree plc is an international staffing company, which provides specialist recruitment services in the science, technology, engineering and mathematics (STEM) industries. The Company provides permanent and contract staff to sectors, including information and communication technology (ICT), banking and finance, life sciences, engineering and energy. The Company's segments include the United Kingdom & Ireland (UK&I), Continental Europe, the USA, and Asia Pacific & Middle East (APAC & ME). The Company's recruitment brands include Computer Futures, Progressive Recruitment, Huxley and Real Staffing. The Company's other brands include Global Enterprise Partners, Hyden, JP Gray, Madison Black, Newington International and Orgtel. The Company delivers contract, permanent, projects, retained and executive search recruitment solutions. Its support and mobility services offer contracting, relocation and relevant visa support. It provides resources to support its brands with contractor services.

The Pebble Group (PEBB) interim results presentation

Pebble's CEO Chris Lee, and CFO Claire Thomson present the interim results for the period ending 30 June 2021. Revenues are returning to strength, 39% ahead of HY20. Facilisgroup achieved an adjusted EBITDA margin of 54.6%, and they maintain their aspiration to grow annual recurring revenue to $50m by the end of FY24. Brand Addition revenues for FY21 are expected to be ahead of FY20 & FY19. For the outlook, management expect the full year to be at least in line with expectations.

Chris Lee, CEO
00:17 – Introduction
01:35 – HY21 highlights

Facilisgroup

Claire Thomson, CFO
02:24 –Financial highlights

Chris Lee, CEO
08:44 – Operational metrics

Brand Addition

Claire Thomson, CFO
19:27 –Financial highlights

Chris Lee, CEO
25:15 – Operational metrics

The Pebble Group

29:39 – ESG
31:09 – Outlook

32:18 – Q&A
38:41 – Closing remarks

The Pebble Group PLC is a United Kingdom-based company that provides products, services and technology to the global promotional products industry. The Company operates through two businesses: Brand Addition and Facilisgroup. Brand Addition is its promotional product merchandise business that provides promotional products to global brands. Brand Addition, through its network, sources and provides promotional product solutions to clients, who operate in sectors which include health and beauty, fast moving consumer goods, transport, technology, banking and finance and charity. Facilisgroup is the Company’s software as a service (SaaS) business that provides subscription-based services to small and medium enterprise (SME) promotional product distributors in the United States and Canada. Facilisgroup’s suite of services includes business intelligence software and community events.

The Stockopedia/PIWORLD Virtual StockSlam September 2021

This 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 PIWORLD contact page.

00:20 Introduction by Damian Cannon
03:00 Damian Cannon: Robert Walters (RWA)
09:11 Tamzin Freeman: Argentex (AGFX)
14:40 Alex Schlich: Capita (CPI)
21:36 David Carle: Belvoir (BLV)
28:15 Twenties Trader: AB Dynamics (ABDP)
35:34 Mark Simpson: Base Resources (BSE)
42:05 David Thornton: Totally (TLY)
48:40 Lawrence Judd: Watches of Switzerland (WOSG)
55:46 Edmund Shing: Geiger Counter (GCL)
01:02:45 Alan Firth: Quiz (QUIZ)
01:08:00 Damian Cannon closing remarks

Thank you to all the presenters. The next Stockopedia/PIWORLD StockSlam is Wednesday 8th October, 6pm, register via the events page

EMIS Group (EMIS) Half-year results presentation 2021

Emis’s CEO, Andy Thornburn and CFO, Peter Southby present interim results for the six months ended 30 June 2021. Revenue and adjusted operating profit were ahead of both H1 20 and 19. Recurring revenue represents 79%. The dividend has grown to 10%. EMIS Enterprise was boosted by the use of the Outcomes4Health solution to support the CV19 roll-out in England. EMIS-X development continues and is building strong foundations for future growth. The outlook is in line with expectations for the full year.

Andy Thorburn, CEO
00:17 Introduction

Peter Southby, CFO
01:00 Financial highlights
02:43 Income statement
04:10 Segmental analysis
05:13 Revenue analysis
06:26 Cash flow
07:43 Balance sheet
08:21 Guidance and trends

Andy Thorburn, CEO
10:00 Operational review
11:17 H1 positive progress
14:50 Healthcare market evolution
18:00 Accelerating growth over the coming years
28:49 Market positioning and capabilities
29:55 Outlook

EMIS Group plc provides healthcare software, information technology and related services in the United Kingdom. The Company’s segments include Primary & Community Care and Community Pharmacy. The Company serves various healthcare markets under the EMIS Health brand. The Primary & Community Care division provides clinical information technology (IT) systems for general practitioners (GPs) and commissioners. The Community Pharmacy division is an integrated community pharmacy dispensary and retail system. EMIS Health provides clinical software to customers across the healthcare sector. Its brand EMIS Care specializes in the delivery of diabetic retinopathy eye screening.

PIWORLD interview with Invinity Energy Systems (IES) CEO, Larry Zulch

PIWORLD 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 Gemesa Renewable Energy
08:55 What Larry is most excited about at the moment?
09:57 The major shareholders
11:18 What should investors expect in the short, medium and long term?

Invinity Energy Systems PLC, formerly Redt Energy Plc, is a jersey-based vanadium flow battery company. The Company’s vanadium flow batteries are a form of non-degrading energy storage, already deployed and a key alternative to conventional lithium-ion batteries. The vanadium flow batteries are a form of heavy-duty, stationary energy storage, used primarily in high-utilization applications such as being coupled with industrial scale solar generation for distributed, low-carbon energy projects. Its flow batteries store energy in a non-flammable, liquid electrolyte, held in tanks within a self-contained module. Its storage markets are Europe, North America, Asia, Australasia and Africa.

Headlam Group (HEAD) interim results presentation September 2021

Headlam's CEO, Steve Wilson & CFO, Chris Payne outline the interim results, key accomplishments in the period and current trading.

Steve Wilson, CEO
00:18 – Introduction & agenda
01:16 – Headlam overview & COVID-19

Chris Payne, CFO
05:05 – Financial performance

Steve Wilson, CEO
22:55 – Operational performance
29:35 – Key accomplishments in the period
33:51 – Corporate governance
36:21 – Current trading & Summary

Headlam Group Plc is a United Kingdom-based company, which is engaged in the marketing, supply and distribution of a range of floorcovering products. The Company's operations are focused on providing customers, principally independent floorcovering retailers and contractors, with a range of floorcovering products supported by a next day delivery service. The Company operates through 56 operating segments in the United Kingdom and five operating segments in Continental Europe. Each operating segment is a trading operation aligned to the sales, marketing, supply and distribution of floorcovering products. The Company's activities and facilities are located throughout the United Kingdom, France, Switzerland and the Netherlands. Its business in France operates from approximately two distribution centers and over 20 service centers, and the businesses in Switzerland and the Netherlands each operate from a single distribution center.

PIWORLD interview with Richard Greenfield: A Beginner‘s Guide to Mining Stocks

With 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 enough to attract institutional interest. Of course, the investment hinges on NPV, IRR (greater than 20%); and as with all investments CAPEX, margins and returns.

Richard ends with three examples of mining sector stocks that he likes using the evaluation criteria outlined. This is superb. A sector not without risk, but with Richard’s guidance, you should be better armed to understand those risks and the factors you need to evaluate.

00:18 Introduction
01:00 Richard’s background & Tamesis Partners
03:30 What’s the composition of the global metals and mining industry?
05:06 How important is London v other exchanges?
07:00 Where should we look to make money in the current climate?
09:53 Why have equities lagged commodity prices?
10:45 Commodities are highly priced at the moment, will that continue? And what are the drivers?
14:45 How do commodities and equities move with each other?
18:17 What’s the best way for a newbie to play the sector?
22:39 When do you want to get into a mine?
25:57 What makes a good mine and how do you value it?
30:29 What is a good margin for a mine?
32:48 What’s the returns and success rate?
37:57 What are the risks to look out for?
40:41 Richard’s picks of the sector for your further research:
44:04 Tridant Royalties (TRR)
50:04 Shanta Gold (SHG)
55:07 Capital (CAPD)

About Richard Greenfield
Richard qualified as a chartered accountant with PricewaterhouseCoopers in 2003 before commencing an investment banking career in 2005, almost all of which has focused on the mining sector. While at Ambrian Partners Richard worked alongside Charlie Bendon as part of that firm’s Extel #1 ranked mining team, acting as Nominated Adviser to a large portfolio of junior and mid-tier companies and concluding a wide range of IPO, secondary financing and M&A transactions. Richard joined GMP Securities Europe LLP as a partner in 2010 as part of a significant expansion of GMP’s London operations, with a particular focus on dual and overseas listed companies and cross-border advisory transactions.

www.tamesispartners.com
LinkedIn: www.linkedin.com/company/tamesis-partners-llp
Tamesis Partners research on Research Tree: www.research-tree.com/providers/tamesis-partners

Air Partner (AIR) Acquisition of Kenyon International Emergency Services

Air 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 Partner Safety & Security (formerly Consulting & Training), which comprises Baines Simmons, Redline Assured Security and Managed Services. Air Partner has 18 locations across four continents, with its headquarters located alongside Gatwick airport in the UK. The group employs around 450 professionals globally and operates 24/7. Air Partner is listed on the London Stock Exchange (AIR) and is the only publicly listed air charter broker and aviation safety & security consultancy. It is ISO 9001:2015 compliant for commercial airline and private jet solutions worldwide. More information is available on the Company's website (www.airpartnergroup.com).

This is third party produced content published by PIWORLD.

PIWORLD interview with Keelan Cooper: The IPO survival guide

Keelan 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 most important but what else should we be looking at?
06:45 How quickly do Stockopedia get IPOs listed, and how long does it take meaningful information for quality and value?
08:16 Wouldn’t you say that higher quality and valuation metrics and small-cap stocks do better for IPOs but wouldn’t that be the same for all stocks?
09:47 You mention aggressive IPO pricing and promotion, who are the main culprits?
10:32 What are the IPO changes proposed by the Chancellor of the Exchequer?
11:25 Do you have any tips to get in at the IPO price?
11:50 Do Stockopedia have any plans to list new IPOs?
12:20 You talk about Tech, Health, Financial and Energy have performed better than Consumer Cyclicals, Telecoms, and Utilities. Wouldn’t that be the case for the wider market anyway?
13:04 You say large cap international IPOs have been poor investments, did you find the same for international small cap and micro caps?
13:47 Were there additional findings in the report that didn’t make the final report?
15:02 IPOs coming up?
16:08 Find the IPO survival guide at: https://why.stockopedia.com/ipo-survival/

Vertu Motors (VTU) Investor Presentation August 2021

Robert Forrester, CEO & Karen Anderson, CFO present the company, the financials, the current market dynamics and the outlook, followed by an extensive Q&A with no questions unanswered. Straight, direct and informative.

A values driven company with professionalism, integrity, opportunity and commitment high up there. Their strategic focus is on growth, digitalisation, costs, ancillary businesses within a supportive environment for staff and customers. Disciplined capital allocation is discussed including share buybacks and acquisitions. Although dividends were halted during the pandemic they are anticipated to be re-established at interim FY22. A great overview of the evolving trends across customers, the industry, technology and sustainability, with a more in depth discussion around digitalisation.

Outlook FY22 adj PTP £40-45M, with good momentum, and obvious supply constraints although this does lead to robust margins. Essential watching if you're interested in Vertu or the sector.

APOLOGIES FOR THE POOR QUALITY AUDIO.

Robert Forrester, CEO
00:17 – Introduction & agenda
00:54 – FY21 Highlights
03:50 – Dealership portfolio
04:36 – Group strategy

Karen Anderson, CFO
06:43 – Financial highlights

Robert Forrester, CEO
12:07 – Market trends
22:59 – Outlook

26:20 – Q&A

Robert Forrester, CEO
59:09 – Closing remarks

Vertu Motors plc is an automotive retailer in the United Kingdom. The principal activity of the Company is the sale of new cars, motorcycles, and commercial vehicles and used vehicles, together with related aftersales services. The Company is engaged in the provision of management services to all subsidiary statutory entities. The Company operates a chain of franchised motor dealerships offering sale, servicing, parts and bodyshop facilities for new and used car and commercial vehicles. The Company also operates various franchise dealerships, such as Volvo, Volkswagen, Land Rover, Audi, Mercedes-Benz and Jaguar, and operates Honda dealerships in the United Kingdom. The Company operates approximately 125 franchised and over three non-franchised operations across England and Scotland. The Company's subsidiaries include Bristol Street First Investments Limited, Bristol Street Fourth Investments Limited, Vertu Motors (VMC) Limited and Grantham Motor Company Limited.

Tribal Group (TRB) Interim results analyst presentation August 2021

Mark Pickett, CEO & Diane McIntyre, CFO present H1 results, giving an overview of the strategy, financial performance and the outlook. In summary, they have grown annual recurring revenue (ARR) 5%; expanded the market opportunity, with new products and geographic expansion; have a strong pipeline of opportunities with existing and new customers; strong cashflows with continued investment in future growth. With a positive start to 2021, they anticipate the full year will be slightly ahead of expectations.

Mark Pickett, CEO
00:17 – Introduction
00:49 – Overview
02:18 – Product portfolio
06:01 – Delivering against 2021 objectives
07:54 – Key wins
12:31 – ARR growth & addressable markets
13:59 – ESG

Diane McIntyre, CFO
15:22 – Financial performance

Mark Pickett, CEO
26:23 – Summary

Tribal Group plc is a pioneering world-leader of education software and services. Its portfolio includes Student Information Systems; a broad range of education services covering quality assurance, peer review, benchmarking and improvement; and student surveys that provide the leading global benchmarks for student experience. Working with Higher Education, Further and Tertiary Education, schools, Government and State bodies, training providers and employers, in over 55 countries; Tribal Group's mission is to empower the world of education with products and services that underpin student success.

The Renewables Infrastructure Group (TRIG) interim results 2021

TRIG 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

Richard Crawford, Director, InfraRed Capital Partners
29:18 Summary

Renewables Infrastructure Group Limited is a Guernsey-based closed-ended investment company. The Company invests in operational renewable energy generation projects, predominantly in onshore and offshore wind and solar photovoltaics (PV) segments, across the United Kingdom and Northern Europe. Its portfolio consists of over 70 wind, solar and battery storage projects with aggregate net generating capacity of approximately 1,664megawatts (MW). Its assets are located across United Kingdom, Ireland, France, Sweden and Germany. InfraRed Capital Partners Limited is the Company’s investment manager.

Produced by BRR Media. Distributed by PIWORLD.

Creightons (CRL) interview on the acquisition of Emma Hardie

Following 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 feel to be acquired by Creightons?
10:50 How did you know of Creightons?
11:58 What does Creightons offer to you?

Eamon Murphy, Group Finance & Commercial Director
13:18 How have you justified the valuation you’re paying for Emma Hardie?
16:03 What synergies do you think you’ll achieve?
16:34 How will you finance the acquisition?
17:27 Were the revenues and profits of Emma Hardie impacted by CV19, which made a difference to the valuation?

Bernard Johnson, Group Managing Director
18:10 Does the acquisition pose any operational integration challenges?
18:47 How long do you think it will take to fully integrate?
19:24 Will there be operational benefits?
20:09 Where geographically will it be based?
20:42 Why has the acquisition happened now?
21:51 Can you summarise how that takes you closer to your 2024 aspirations?

Creightons plc is engaged in the development, marketing and manufacture of toiletries and fragrances. The Company operates through three business streams: private label business, contract manufacturing business and branded business. Its private label business focuses on private label products for high street retailers and supermarket chains. Its contract manufacturing business develops and manufactures products on behalf of third party brand owners. Its branded business develops, markets, sells and distributes products it has developed and owns the rights to. Its product portfolio includes bath and shower care, haircare, body care, baby and maternity, and fragrances, among others. Its services include market analysis, creative concept generation, product development, brand development, manufacturing and logistics. Its brands include Frizz No More, Volume Pro, Argan Body, Argan Smooth, Keratin Pro, Perfect Hair, Bronze Ambition, Sunshine Blonde, Beautiful Brunette and Just Hair.

NWF Group (NWF) full-year 2021 analyst presentation

Richard Whiting, Chief Executive and Chris Belsham, CFO outline the full-year 2021 results for the period ending 31st May 2021. It was another strong set of results, ahead of expectations set before the pandemic demonstrating continued performance, delivery and resilience.

Richard Whiting, Chief Executive
00:18 Introduction and key highlights
01:52 Summary of financial results

Chris Belsham, CFO
08:07 Financial review

Richard Whiting, Chief Executive
14:45 Development strategy

Richard Whiting, Chief Executive & Chris Belsham, CFO
16:30 UK fuel market & acquisition strategy

Richard Whiting, Chief Executive
21:21 ESG framework
23:41 Summary and outlook

Richard Whiting, Chief Executive & Chris Belsham, CFO
25:48 Q&A

NWF Group plc is engaged in the manufacture and sale of animal feeds, the sale and distribution of fuel oils, and the warehousing and distribution of ambient groceries. The Company operates through three segments: Feeds, Food and Fuels. The Feeds segment is engaged in the manufacture and sale of animal feeds and other agricultural products. The Food segment is engaged in warehousing and distribution of clients’ ambient grocery and other products to supermarket and other retail distribution centers. The Fuels segment is engaged in the sale and distribution of domestic heating, industrial and road fuels. The Company’s subsidiary, Boughey Distribution Limited, is engaged in warehousing and food distribution. Its subsidiaries, NWF Agriculture Limited, S.C. Feeds Limited, New Breed (UK) Limited and Jim Peet (Agriculture) Limited, are engaged in animal feedstuffs and seeds supply. Its subsidiaries, NWF Fuels Limited and Staffordshire Fuels Limited, are engaged in fuel distribution.

Samarkand Group (SMK) full-year 2021 analyst presentation

David Hampstead, CEO and Eva Hang, CFO outline the business following the IPO on Aquis Exchange earlier this year and elaborate on the full-year 2021 results. A comprehensive overview of what Samarkand offers their customers; their markets and all the moving parts of the last year, including CV-19, Chinese regulation and a very dynamic Chinese market and their acquisitions and aacquisition strategy.

David Hampstead, CEO
00:18 Introduction and about Samarkand
01:29 Executive summary

Eva Hang, CFO
03:46 Financial highlights

David Hampstead, CEO
06:21 The Chinese market & how SMK access it: Nomad Distribution, Checkout & Analytics
09:49 Brand ownership: Probio 7
15:49 Acquisition: Zita West
16:50 The market: CV19; Chinese regulation; innovation and livestream products etc
21:56 Strategic update and focus for the next year
23:30 Summary and outlook

Samarkand Group plc is a United Kingdom-based company that enables its wholly owned and third-party consumer brands to access Chinese consumers through cross-border electronic commerce. The Company serves brands from the health and beauty sectors. Its software platform, the Nomad platform, provides a direct-to-consumer route to the electronic commerce market. The Company's platform offers five technology and service solutions: Nomad Checkout, Nomad Storefront, Nomad Commerce, Nomad Analytics and Nomad Distribution. Nomad Checkout is a software as a service (SaaS) based solution that integrates with electronic commerce software providers. Nomad Storefront supports the operation of electronic commerce stores on Chinese platforms. Nomad Commerce offers customizable electronic commerce solution. The Company's platform is integrated with electronic commerce and social media platforms, as well as payment, logistics and customs systems.

Tekmar Group (TGP) Capital Markets Day presentation July 2021

Tekmar Group (AIM: TGP), a leading provider of technology and services for the global offshore energy markets, hosted a virtual Capital Markets Day event for investors on 22 July 2021. The presentation by CEO Ally MacDonald and CFO Derek Bulmer provides a further update to the five-year strategic plan set out in the Company’s interim results on 1 June 2021, and in particular how Tekmar Group will deliver on its ambitions.

 

Tekmar Group PLC is a United Kingdom-based company that provides subsea cable, umbilical and flexible pipe protection systems and engineering services. The Company offers various service packages including FEED study, product development, design and engineering, in-house product testing, manufacturing, project management, and personnel training and offshore support. Its products include Teklink CPS, Tektube CPS, Cable hang-offs, TEKSPACE, TEKDUCT, SPLIT PIPE, j-tube seals, bend restrictors and bend stiffeners. The Company primarily provides its products and services to offshore wind, and oil and gas companies.

Creightons (CRL) full-year 2021 results presentation

Bernard Johnson, MD, Eamon Murphy, Group Finance and Commercial Director, and Pippa Clark, Global Marketing Director and Deputy MD, present the FY21 results and set out their aspirations to 2024. We also hear from Nick Coleman, Group Operations Director, who has recently joined and gives his perspective, and Martin Stevens, Group Technical Director/Deputy MD, who develops the products. A compelling team.

Bernard Johnson, MD
00:17 – Introduction

Eamon Murphy, Group Finance & Commercial Director
03:13 – Financial highlights

Pippa Clark, Global Marketing Director/ Deputy MD
11:49 – Sales review
24:54 – Drivers for growth
26:24 – What’s next?

Bernard Johnson, MD
31:27 – The way ahead
37:00 – Aspirations

42:56 – Q&A

1:13:18 – Closing Remarks

Creightons plc is engaged in the development, marketing and manufacture of toiletries and fragrances. The Company operates through three business streams: private label business, contract manufacturing business and branded business. Its private label business focuses on private label products for high street retailers and supermarket chains. Its contract manufacturing business develops and manufactures products on behalf of third party brand owners. Its branded business develops, markets, sells and distributes products it has developed and owns the rights to. Its product portfolio includes bath and shower care, haircare, body care, baby and maternity, and fragrances, among others. Its services include market analysis, creative concept generation, product development, brand development, manufacturing and logistics. Its brands include Frizz No More, Volume Pro, Argan Body, Argan Smooth, Keratin Pro, Perfect Hair, Bronze Ambition, Sunshine Blonde, Beautiful Brunette and Just Hair.

PIWORLD interview with Andrew Hollingworth: Markets & Holdings July 2021

Andrew discusses his views on inflation, Covid-19 and the return to normality. When assessing stocks under the pressure of CV19 his core focus was their cash burn. Andrew picks stocks globally, both US and French listed stocks are in his concentrated portfolio of 27 holdings, he pulls them together for their similarities, including: owner managed business; secular companies priced to fade; depressed compounders set to recover, and those who pass on their economies of scale to the customer. Full of company examples and referrals to Buffett's and Munger's thinking.

01:05 VT Holland Advisors Equity Fund performance ytd
01:58 Andrew’s view on inflation and how to position as an investor
05:50 Covid-19 and how it plays out from here
09:28 Young & Co (YNGA; YNGN) and JD Wetherspoon (JDW)
12:26 Portfolio changes over the last 6 months Beijing Capital International Airport (HKG:0694); Mandarin Oriental (SGX:M04); EasyJet (EZJ) v Jet2 (JET2); Facebook (NASDAQ:FB)
16:07 International holdings and bandwidth required to hold companies from all geographic markets
17:12 Facebook (NASDQ: FB) and BooHoo (BOO)
17:29 Depressed compounders: VP (VP.), Jet2 (JET2), Brenbo SpA (BIT:BRE)
17:53 Owner managers: Ballore SE (EPA:BOL), BIglarie Holdings Inc (NYSE: BH), VP (VP.), Frasers (FRAS), Jet2 (JET2)
21:18 How do you screen?
23:19 BooHoo (BOO)
30:02 Biglari Holdings (NYSE: BH)
36:10 Which international markets do you perceive are under valued? Do you think we’ll continue to see bid activity?
38:22 About Andrew and the fund

Holland Advidors website.

About Andrew Hollingworth:
Andrew set up Holland Advisors in 2008. Holland provides High quality investment research to some of the world’s most senior and respected institutional investors. Andrew also manages an equity investment fund which he set up in 2011, which is converting to UK UCITS status in early 2021. Andrew specialises in looking to invest in owner manager run businesses that compound at high per-share rates for long periods. However, he is keen to invest at times when the stock market may be less believing in them. (Ie he is looking buy great companies when they are priced like bad ones). Andrew and his team at Holland also give macro-economic insights, having successfully expressed caution ahead of both the 2008 economic crisis and Covid 19. Prior to Holland Advisors Andrew worked for Merrill Lynch, Redburn Partners and Henderson Fund Managers. He started working in the Investment industry in 1987, aged 18.

Sosandar (SOS) full-year 2021 results presentation

Julie Lavington, Ali Hall, Joint CEOs and Steve Dilks, CFO present FY21 results for the period ended 31st March 2021. A year of strong revenue growth, substantial reduction in EBITDA losses and a strong start to the new financial year with Q1 FY22 revenue up 256% YoY.

Ali Hall, Co-CEO and Co-Founder
00:17 – Introduction

00:35 – The Sosandar story so far

Julie Lavington, Co-CEO and Co-Founder
01:48 – Full year highlights
03:03 – Current trading

Steve Dilks, CFO
04:02 – Financial and KPI review

Julie Lavington, Co-CEO and Co-Founder
10:28 – Product expansion

Ali Hall, Co-CEO and Co-Founder
12:09 – Current best sellers

Steve Dilks, CFO
13:04 – Third party partnerships

Ali Hall, Co-CEO and Co-Founder
15:12 – Accelerating third party growth

Ali Hall, Co-CEO and Co-Founder
Julie Lavington, Co-CEO and Co-Founder
15:51 – Marketing strategy

Julie Lavington, Co-CEO and Co-Founder
Steve Dilks, CFO
23:23 – ESG & our responsibilities

Julie Lavington, Co-CEO and Co-Founder
27:26 – Outlook

28:23 – Q&A

Sosandar PLC, formerly Orogen PLC, is a United Kingdom-based company that operates an online women’s wear platform. The Company’s clothing categories include dresses, jackets and coats, knitwear, shirts and blouses, tops, skirts, trousers, jeans, leggings, footwear, leather and suede, occasion wear, work wear, autumn trends, velvet and holiday shop. Its footwear products include Pewter Metallic Chelsea Boot, Red Leather Ankle Boot, Velvet Cylinder Heel Ankle Boot, Black Leather Stud Detail Ankle Boot, Black Suede Closed Toe Mule, Grey Velvet Court Shoe With Jeweled Brooch, Black Suede And Pewter Metallic Court Shoe, Black Leather Front Zip Ankle Boot, Leopard Print Leather Chelsea Boot, Steel Blue Leather Snake Print Ankle Boot And Black Suede Knee Boot. It also offers latest edit of day-to-night dresses, on-trend separates, luxe leather and outfit-topping shoes through its platform.

Knights Group (KGH) full year 2021 results presentation to analysts

David Beech, CEO and Kate Lewis, CFO present the FY21 results for the period ended 30th April 2021. They have delivered a robust performance during the year, with a rapid return to stronger levels of organic growth in the second half, complemented by high calibre acquisitions that further elevate their position as a market leader outside London. Looking forward momentum has continued into 2022 and they continue to see a strong pipeline of possible acquisition opportunities.

David Beech, CEO
00:17 – Introduction & overview

Kate Lewis, CFO
03:33 – Financial results

David Beech, CEO
20:52 – Continued momentum in the business
23:32 – Scaling
30:23 – Acquisitions & driving performance
35:16 – Summary & current trading

37:13 – Q&A
1:05:13 – Closing remarks

Knights Group Holdings plc is a United Kingdom-based law company. The Company that is focuses on providing legal and professional services. The Company also provides corporate and commercial legal services at scale and across a broad sector basis, similar to the larger national law firms. The Company operates six offices: Newcastle-Under-Lyme, Wilmslow, Chester, Derby, Cheltenham and Oxford. The Company’s service lines include real estate, litigation, corporate, and private client.

ActiveOps (AOM) FY21 results presentation to analysts

ActiveOps CEO & Founder Richard Jeffery and CFO Patrick Deller present the company’s full year 2021 results for the financial year ended 31 March 2021. ActiveOps IPO'd in March 2021, it is a leading provider of Management Process Automation (MPA) software for running complex and global back-offices. Here, we get more background to the product, the market, the business model and strategy; and more detail on the FY21 results.

Richard Jeffery, CEO & Founder.
00:17 – Introduction
00:45 – About ActiveOps
01:47 – The product
02:58 – Market drivers
03:51 – FY21 results overview

Patrick Deller, CFO
06:57 – Commercial model
09:45 – Financial KPI’s
10:40 – P&L
13:30 – Balance sheet & cash flow

Richard Jeffery, CEO & Founder.
14:45 – Strategy review
15:28 – Differentiation
17:36 – Evolution of the offering
19:55 – Customer base
22:57 – ESG
24:00 – FY22 areas of focus
24:58 – Q1 outlook

25:41 – Q&A

Richard Jeffery, CEO & Founder.
34:12 – Closing remarks

ActiveOps plc, formerly ActiveOps Limited, is a United Kingdom-based management process automation (MPA) software company. The Company provides a software as a service (SaaS) platform to enterprises with global back-offices. Its software and embedded back-office operations management methodology enables enterprises to adopt a data-driven approach to organizing work and managing capacity. The Company's enterprise platform comprises Workware+, its MPA software platform, and AOM, its operations methodology and framework for effective back-office management. Its cloud-based ControliQ employee performance management solution enables managers to simplify running operations. Its solution, WorkiQ, captures workforce analytics from desktop activity for employee engagement. The Company's OpsIndex Score & Benchmarking tool involves measuring the performance of the operational business on an enterprise level, department by department and against community level.

PIWORLD interview with Paul Jourdan: Markets, Macro & Opportunities

We catch up with Paul Jourdan, CEO & Co-Founder of Amati Global Investors. He outlines the macro picture, which has led Amati to increase exposure to global industrials, particularly ones that benefit from housebuilding and home improvements; he likes retail. He’s avoiding travel and leisure. Inflation is a recuring theme which he feels is a major threat for investors. He outlines why he started the Strategic Metals Fund. We close on why he likes IPOs. It is peppered throughout with companies he’s particularly excited about. As always do your own research on any stocks mentioned, these are NOT recommendations.

01:12 Paul’s view on Covid-19 and where we’re headed from here.
04:17 What’s actions has Paul taken with his funds to plan for today’s threats
06:35 Dunelm (DNLM)
07:15 Has CV19 increased the attraction of Biotech and Meditech? What companies in the sector is Paul most excited about?
09:54 Polarean Imaging (POLX)
13:12 Renalytix (RENX)
15:43 Current valuations
18:17 Do you feel any companies in the funds are a likely potential bid candidate?
20:33 Grainger (GRI)
21:55 Inflation, monetarism (Professor Tim Congdon: https://mv-pt.org/) and QE.
29:10 Why did Amati launch the Strategic Metals Fund?
35:24 What company are you most excited by? Saietta (SED)
44:19 What draws you to IPOs? And which do you particularly like?
45:33 Victorian Plumbing (VIC)
48:39 AlphaWave Ip (AWE)

Find out more about Paul Jourdan and the Amarti Global Investors funds: https://amatiglobal.com/

About Paul Jourdan:
Dr Paul Jourdan co-founded Amati Global Investors following the management buyout of Noble Fund Managers from Noble Group in January 2010, having joined Noble in 2007 as Head of Equities. His fund management career began in 1998 with Stewart Ivory, where he gained experience in UK, emerging market, and global equities. In 2000, Stewart Ivory was taken over by First State and Paul became manager of what is now TB Amati UK Smaller Companies Fund. In 2004, he was appointed Head of UK Equities at First State. In early 2005, he launched Amati VCT plc and he also manages Amati VCT 2 after the investment management contract moved to Amati Global Investors in 2010 (In 2018 Amati VCT merged into Amati VCT 2 which was then renamed Amati AIM VCT). Prior to 1998, Paul worked as a professional violinist, including a four-year period with the City of Birmingham Symphony Orchestra. He currently serves as a trustee of Clean Trade, a charity registered in England and Wales.

Begbies Traynor (BEG) full-year 2021 results presentation to analysts

Begbies Traynor Executive Chairman Ric Traynor and Group Finance Director Nick Taylor present the Group's 2021 full-year results, for the period ending 30th April , 2021. A strong performance with results ahead of original expectations due to acquisitions and improved trading. Looking forward, business recovery and financial advisory is well-paced to continue growth and property advisory and transactional service is to maintain its bounce back.

Ric Traynor, Executive Chairman
00:22 – Overview

Nick Taylor, Group Finance Director
01:44 – Operating and Financial Review

Ric Traynor, Executive Chairman
12:20 – Operating and Strategic Review
21:00 – Summary

Nick Taylor, Group Finance Director
Ric Traynor, Executive Chairman
22:08 – Q&A

Begbies Traynor Group plc is a business recovery and property services consultancy. The Company's segments include insolvency and restructuring, and property. It provides services from a network of the United Kingdom locations through two operating divisions: Begbies Traynor and Eddisons. Begbies Traynor is an independent business recovery practice that handles corporate appointments, serving the mid-market and smaller companies. It provides insolvency, restructuring and consultancy services to businesses, their professional advisors and financial institutions. Eddisons is a national firm of chartered surveyors, delivering transactional and advisory services to owners and occupiers of commercial property, investors and financial institutions. It provides professional services, such as business rescue options, advisory options, forensic accounting and investigations, corporate and commercial finance, personal insolvency solutions and services to banking, legal and accounting sectors.

SThree (STEM) half-year results presentation to analysts

Mark Dorman, CEO & Alex Smith, CFO present the full year 2021 results, for the period ended 31st May 2021. A very strong performance with net fees up 10% year on year; pre-tax profit +114%, and EPS +140%. The profit growth was driven by improving market conditions with especially strong demand for STEM skills and productivity growth. We hear the progress made against the 2024 ambitions and end with the outlook, which is ahead of the full-year expectations.

 

Mark Dorman, CEO
00:18 Introduction to Andrew Beach, CFO designate
01:12 STEM's purpose: bringing skilled people together
02:14 Overview of period

Alex Smith, CFO
06:19 Financial review

Mark Dorman, CEO
22:07 Business overview
25:18 ESG: empowering a sustainable future
27:35 Themes in the sector
29:53 Progress against 2024 ambitions & outlook

Mark Dorman, CEO & Alex Smith
31:50 Q&A

SThree plc is an international staffing company, which provides specialist recruitment services in the science, technology, engineering and mathematics (STEM) industries. The Company provides permanent and contract staff to sectors, including information and communication technology (ICT), banking and finance, life sciences, engineering and energy. The Company's segments include the United Kingdom & Ireland (UK&I), Continental Europe, the USA, and Asia Pacific & Middle East (APAC & ME). The Company's recruitment brands include Computer Futures, Progressive Recruitment, Huxley and Real Staffing. The Company's other brands include Global Enterprise Partners, Hyden, JP Gray, Madison Black, Newington International and Orgtel. The Company delivers contract, permanent, projects, retained and executive search recruitment solutions. Its support and mobility services offer contracting, relocation and relevant visa support. It provides resources to support its brands with contractor services.

Accrol (ACRL) full-year 2021 results presentation

The full management team Dan Wright, Executive Chairman, Gareth Jenkins, CEO, Richard Newman, CFO and Graham Cox, Commercial Director give a comprehensive overview of the turnaround to date, with the period’s achievements operationally, including the two acquisitions, and financially. They cover the main markets, investment to date and going forward, and the 2022 outlook.

Dan Wright, Executive Chairman
00:18 The vision

Gareth Jenkins, CEO
02:50 Performance summary

Richard Newman, CFO
04:13 Financial results

Gareth Jenkins, CEO
08:14 The acquisitions: Leicester Tissue Company (LTC) & John Dale

Graham Cox, Commercial Director
12:32 The Markets

Gareth Jenkins, CEO
19:08 Investment
22:28 FY2022 outlook
25:07 Conclusion
26:07 Q&A

Accrol Group Holdings plc is a United Kingdom-based independent tissue converter and supplier of toilet tissues, kitchen rolls and facial tissues. The Company supplies to a range of discounters and grocery retailers across the United Kingdom (UK). It imports Parent Reels from around the world and converts them into finished goods at its manufacturing, storage and distribution facility in Blackburn, Lancashire. The Company operates from five sites, including four in Lancashire. The Company has 15 converting lines in operation providing capacity of approximately 118,000 tons per annum. Its subsidiaries include Accrol UK Limited, Accrol Holdings Limited and Accrol Papers Limited.

Ultra Electronics (ULE) 2021 interim results presentation

Ultra's CEO Simon Pryce and CFO Jos Sclater present the Group's 2021 interim results. It was a stronger than anticipated first-half performance and excellent strategic progress. The Focus; Fix; Grow transformation programme is delivering ahead of plan and with a better payback than originally anticipated. This should accelerate top-line and market share growth. They are increasingly confident about future prospects.

Simon Pryce, CEO
00:17 – Introduction
01:24 – Overview

Jos Sclater, CFO
04:52 – Financial Highlights
17:19 – 2021 Outlook

Simon Pryce, CEO
18:59 – Our Markets
24:58 – Growth Drivers

Jos Sclater, CFO
36:02 – Transformation Program
41:35 – ESG

Simon Pryce, CEO
43:10 – Summary

Jos Sclater, CFO
Simon Pryce, CEO
44:58 – Q&A

Simon Pryce, CEO
52:35 – Closing Remarks

Ultra Electronics Holdings plc provides solutions and products in the defense and aerospace, security and cyber, transport and energy markets, by applying electronic and software technologies. The Company operates in three segments: Aerospace & Infrastructure, Communications & Security, and Maritime & Land. Its market facing segments are Aerospace, Infrastructure, Nuclear, Communications, C2ISR, Maritime, Land and Underwater Warfare. The Aerospace & Infrastructure division produces high-integrity, safety critical electronic control systems for aircraft applications, including position sensing and control; airframe and engine ice protection and detection; electronic architectures; weapon control, and noise cancellation systems. The Communications & Security division provides mission critical, information dominance solutions. The Maritime & Land division provides sensors, combat management systems, power solutions for surface, sub-surface and unmanned platforms.