The Vox Markets Podcast 2118: Small-cap Investing with Paul Hill and Paul Scott
Jun 12, 2025
In this engaging conversation, Paul Scott, a UK equity analyst and stock markets commentator, joins to share his expertise on small-cap investing. The discussion covers key stock ideas, including the impacts of a recent UK spending review and insights on housing market giants like Vistry and Bellway. Scott emphasizes the importance of strategic investment approaches, highlights the fintech innovations of Bango, and navigates the complexities of the MarTech landscape amid AI advancements. Listeners gain valuable strategies for evaluating small-cap stocks and staying resilient in a fluctuating market.
AI Snips
Chapters
Transcript
Episode notes
Ibstock Profit Surprise
- Ibstock's profit warning surprised due to rising fixed costs and pricing pressure from a sales mix shift.
- Restarting mothballed capacity caused unexpected startup costs, impacting profitability.
SaaS Transition Value Misunderstood
- Transitioning to SaaS with consumption models creates stickier, more predictable revenue for companies like Beeks.
- The market struggles to value such models despite their long-term business strength.
Buy The Dips Strategy
- Maintain some cash to buy dips during market panics for value investments like Pinewood Technologies.
- Create a 'buy the dips' list for disciplined opportunistic investing during sell-offs.