PIWORLD Investor Podcasts

SThree's CEO, Mark Dorman and CFO, Alex Smith give a bit of colour to their trading update 14.6.21. Q2 was ahead of expectations which drives H1 net fees up both year on year and versus 2019. Further, there is sustained improvement in new deal activity and contractor retention rates. STEM has a strong balance sheet and the resilient contract business model gives them confidence for the future. Mark Dorman, CEO 00:17 - Introduction Alex Smith, CFO 01:20 - H1 trading overview 02:44 - Regional performance 03:49 - Strong positioning Mark Dorman, CEO 04:38 - H1 Summary 07:02 - Q&A Mark Dorman, CEO 21:09: 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.

IG Design Group's CEO, Paul Fineman and CFO, Giles Willits run through the highlights of the FY21 results.  A stronger than expected performance with a strong order book.  There is a new Growth Plan which targets driving revenues beyond $1.5bn and doubling the Group's Adjusted EBITDA. Paul Fineman, CEO & Giles Willits, CFO 00:29 - FY21 Summary Paul Fineman, CEO 03:34 - Growth Plan 04:27 - Operational highlights 05:48 - CSS integration and US highlights 07:19 - International highlights 08:28 - Outlook 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 Asia; Europe; USA, and Australia. The Company sells its products in over 150,000 stores across approximately 80 countries. It also offers a portfolio of licensed and customer bespoke products suitable for sale through multi channel distribution. The Company's products include crackers, pens and pencils, stickers, single cards and gift wrap. The Company offers its products under the brands A Star, B Stationery, Papercraft and Pepperpot. Its subsidiaries include Artwrap Pty Ltd, International Greetings UK Ltd, International Greetings USA, Inc, International Greetings Asia Ltd, The Huizhou Gift International Greetings Company Limited, Hoomark BV, Anchor International BV and Hoomark S.p.z.o.o.

Mind Gym's Founder and CEO Octavius Black and CFO, Richard Steele present full year 2021 results. Octavius Black, Founder & CEO 00:18 Introduction & agenda 00:45 Mind Gym snapshot 01:44 FY21 trading highlights 03:49 Board changes Richard Steele, CFO 05:00 FY21 Financial highlights Octavius Black, Founder & CEO 09:06 Strategy update 11:15 The way the market works 20:02 Investment 25:09 Current trading and outlook Mind Gym PLC is a United Kingdom-based company that provides professional leadership skills and business relationship management services. The Company offers a range of solutions, such as performance management, management development, diversity and inclusion, change, ethics, reorganization, personal effectiveness, on-boarding, employee engagement, and customer services.

Ted Baker’s CEO, Rachel Osborne and CFO, David Wolffe give an overview of the full year 2021. Rachel Osborne, CEO 00:38 Highlights of 2021 David Wolffe, CFO 02:52 Financial highlights 04:47 Outlook Rachel Osborne, CEO 06:13 Strategic progress and key initiatives for the year ahead Ted Baker Plc is a United Kingdom-based global lifestyle company. The Company offers a range of collections, including menswear, womenswear, global, phormal, endurance, accessories, audio, bedding, childrenswear, crockery, eyewear, footwear, fragrance and skinwear, gifting and stationery, jewelry, lingerie and sleepwear, luggage, neckwear, rugs, suiting, technical accessories, tiles and watches. The Company operates through three segments: retail, wholesale and licensing. It operates stores and concessions across the United Kingdom, Europe, North America and Asia and an e-commerce business based in the United Kingdom, primarily serving the United Kingdom and Europe, with separate the United States and Canadian sites dedicated to North America, and a separate site serving Australia. The Company's wholesale business in the United Kingdom serves countries across the world, particularly in the United Kingdom and Europe. The Company operates both territorial and product licenses.

This 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 your stocks and how do you select them? 05:12 What growth should we be looking for? 07:08 What other metrics on the checklist? 09:38 How do you work out the valuation of a company? 13:42 Where do you get your ideas? 14:55 How long do you spend on your research? 20:22 How do you time when to buy into a position? 23:44 What technical indicators do you look at? 26:32 How do you manage risk? 28:22 How to handle a market crash? 31:29 What moves a share price? 33:30 Market makers and bulletin boards 34:44 Trading diary and record-keeping 38:15 Averaging down 39:10 Spreads, stop losses and market cap size 42:15 Size of positions 42:37 Catalysts for winners to perform 44:00 IPOs are they good opportunities? 44:37 Macro factors: Where we’re at in the economic cycle? What is your view on inflation?   Edmund on Twitter: @TheIdleInvestor Edmund Shing has over 25 years of experience in financial markets in a wide variety of positions, ranging from proprietary trading to portfolio manager in a number of financial institutions in London and Paris. Since 2015, he has held the role of Global Head of Equity and Derivative Strategy at BNP Paribas in London. Edmund has a PhD in Cognitive and Computing Science from the University of Birmingham in the United Kingdom, and has done advanced studies in Knowledge-Based Systems and in Experimental Psychology. He is an EFFAS-certified financial analyst. He has also authored the book “The Idle Investor” published by Harriman House in 2015, proposing 3 simple investment strategies that take only a few minutes to execute per month.

We catch up with the very engaging Paul Scott who gives us a whistle-stop tour through his portfolio, what he’s been buying, topping up, or selling; plus a brief catch-up on some of the holdings he’s mentioned historically. We start with the unexpected Revolution Bars placing and an interesting commentary on institutional appetite for this, and placings more broadly. 00:53 Paul’s background 01:15 Paul’s performance ytd 02:02 Paul’s view on the market and valuations 03:15 Revolution Bars placing (RBG) 06:29 Sentiment for placings 08:13 What Paul’s been buying, SCS (SCS) 08:45 Smiths News (SNWS) 09:50 Vertu Motors (VTU) 11:04 Somero Enterprises (SOM) 12:01 Joules (JOUL) 12:50 BooHoo (BOO) & ASOS (ASOS) 14:29 Sosandar (SOS) 16:50 Cambridge Cognition (COG) 18:10 Sanderson Design (SDG) 19:58 N Brown (BWNG) 21.34 What Paul’s been selling 24:40 Foxtons (FOXT) 25:40 Best of the Best (BOTB) 28:32 Gear4Music (G4M) 29:35 The outlook for the market About Paul Scott Paul has been a professional small caps investor for nearly 20 years. Previously he was CFO of a ladieswear retailer with 150 shops in the UK & Europe. He has written the well-known “Small Cap Value Report” on Stockopedia since 2013. Paul’s focus on balance sheet strength has proven particularly relevant now. He shares his successes and sometimes failings with his readers very openly. Link to Stockopedia  

Louis Hall, Co-Founder & CEO and Oliver Gilchrist, CFO present Cerillion interim results for the period ended 31st March 2021. Revenue is up 26% to £12.8m. Annualised recurring revenue is up 43% to £9m. Adj PTP is up 124% to £3.8m. EPS is up 105% to 11.5p. Back order book is up 74% to 42.1m. Net cash up 60% at 7.7m. H1 dividend is up 20% to 2.1p. Over the last three quarters CER have signed two of the largest contracts in the Company’s history. Not surprisingly management believes they are well-positioned to deliver their full year targets. Louis Hall, CEO 00:17 – Introduction 02:40 – About Cerillion 09:19 – Products & delivery 10:30 – Customers 12:52 – Market drivers 15:28 – Markets & channels 17:20 – Competitive landscape 20:42 – H1 Highlights 21:58 – KPI’s Oliver Gilchrist, CFO 23:00 – KPI’s continued 24:30 – Financial highlights 27:40 – Income statement 29:23 – Balance sheet 30:08 – Cash flow Louis Hall, CEO 30:49 – Sales pipeline 33:43 – Summary & outlook 34:20 – Q&A Cerillion plc is engaged in providing billing, charging and customer relationship management software solutions to the telecommunications market but also to the utilities and financial services sectors. The Company is a supplier and developer of telecommunication software solutions and equipment. It operates through four business segments, such as Services, Software, Software-as-a-Service and Third Party. The Services segment provides services to customers on new implementation projects and enhancements. The Software segment supports and provides maintenance for the software, as well as the licenses to use the software. The Software-as-a-Service segment offers monthly subscriptions for a managed service and products on a pay as you go service. The Third Party segment offers third-party services or licenses, and includes re-billable expenses and pass through of selling on hardware. It operates in Europe, the Middle East and Africa, the Americas and Asia-Pacific geographical markets.

Calnex Solutions CEO Tommy Cook and CFO Ashleigh Greenan present the company’s full year 2021 results to analysts on 25th May 2021. Tommy Cook, CEO 00:17 – Introduction 00:36 – About Calnex 03:08 – Customer base 04:54 – Innovation 07:00 – Review of FY21 09:47 – Business expansion 12:25 – Product lines Ashleigh Greenan, CFO 14:48 – Financial Highlights 15:08 – Financial KPI’s 17:04 – Customer metrics 19:04 – Income statement 23:32 – Cashflow Tommy Cook, CEO 25:42 – Growth strategy 27:59 – Outlook 29:17 - Q&A Calnex Solutions Ltd is a United Kingdom-based provider of test and measurement systems for the global telecom industry. The Company designs, produces and markets test instrumentation and solutions for network synchronization and network emulation, enabling its customers to validate the performance of the infrastructure associated with the telecom networks. The Company offers its network synchronization systems and solutions for mobile networks to work correctly and get synchronized with nearby mobile radio transmitters or base stations. Its network emulation products are designed to impair data traffic for the development of Ethernet Switches and Routers for deployment in large data Wide Area Networks, operated by both the traditional network operators and in data storage farms offering cloud computing services.

Ken 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 and micro-cap sector 09:54 Market cap limits 12:13 Ken’s investing principles. How does he evaluate companies? 15:26 Valuing those companies and current valuations 20:43 Covid decisions: Loungers (LGRS), City Pub (CPC), Gym (GYM), Ten Entertainment (TEG), Everyman (EMAN) 27:28 Churn 29:08 What Ken's been selling and the opportunities 35:13 Ten Entertainment (TEG) 37:30 Inspired Energy (INSE) (Last two results presentations here) 40:18 Alpha FX (AFX) v Argentex (AGFX) (Last Argentex H1 results presentation here) 44:55 Inflation 46:51 Market volatility Ken is Managing Director, Public Equity, and leads the investment team managing public equity investments. He is lead manager for Strategic Equity Capital plc, LF Gresham House UK Micro Cap Fund, LF Gresham House UK Multi Cap Income Fund, and manages AIM listed portfolios on behalf of the Baronsmead VCTs. Ken graduated from Brasenose College, Oxford, before qualifying as a Chartered Accountant with KPMG. He was an equity research analyst with Commerzbank and then Evolution Securities prior to spending the past 12 years as a Fund Manager at Livingbridge and now Gresham House specialising in smaller companies. www.greshamhouse.com/individual/  

A short presentation by the management team summarising results, what's been achieved in the period and their objectives going forward. Paul Abberley, CEO 00:24 – Overview Ben Money-Coutts, CFO 01:35 – Financial Overview Paul Abberley, CEO 05:43 – Business Transformation Ian Sackfield, MD of IMS 06:54 – Investment Management Services Andrew Meigh, MD of Financial Planning 08:32 – Financial Planning John Porteous, MD of Central Financial Services 10:05 – Central Financial Services Paul Abberley, CEO 12:43 – Outlook & Current Trading Charles Stanley Group PLC is an investment company. The Company provides investment management services, financial planning and pension administration. The Company's segments are Investment Management Services, Asset Management, Financial Planning, Charles Stanley Direct and Support functions. The Investment Management Services division provides personal investment services to individuals, companies, trusts and charities and includes platform dealing, custody and self-invested personal pension (SIPP) and individual savings account (ISA) administration services. The Asset Management division provides specialist asset management services, through its range of pooled funds, active and passive model portfolios, inheritance tax