PIWORLD Investor Podcasts

This video can be seen at: https://www.piworld.co.uk/2020/11/19/charles-stanley-cay-2020-half-year-results-overview/   Charles Stanley CEO Paul Abberley and CFO Ben Money-Coutts present an overview of the Group’s Half Year results to 30th September 2020. Paul Abberley, CEO Overview – 00:23 Ben Money-Coutts, CFO Financial overview – 01:19 Paul Abberley, CEO Business transformation update – 06:30 Outlook – 07:52 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 (IHT) services and investment research to the Investment Management Services division and clients. The Financial Planning division provides financial planning and advice. Charles Stanley Direct provides direct-to-client online dealing and fund broking services.

This video can be seen at: https://www.piworld.co.uk/2020/11/17/dotdigital-group-dotd-full-year-2020-results-overview/   CEO Milan Patel and CFO Paraag Amin, talk about the Groups’ full year results to 30th of June 2020 Milan Patel, CEO Overview of the year – 00:37 The impact of COVID-19- 03:25 Market overview – 05:21 Paraag Amin, CFO Financial highlights – 06:45 Milan Patel, CEO Outlook – 08:25 dotdigital Group Plc is a United Kingdom-based company, which is engaged in providing software as a service (SaaS) and managed services to digital marketing professionals. The Company offers dotmailer, which provides e-mail and multi-channel marketing automation platform with various tools that enable marketers to create, manage, execute and evaluate various campaigns. In addition to its automation technologies, the Company also provides multi-channel marketing consultancy and services for businesses seeking to manage customer acquisition, conversion and retention. The Company also has pre-built integrations with e-commerce platforms and customer relationship management (CRM) products, such as Magento and Salesforce. dotmailer helps in using contact data to design, test and send automated campaigns. The Company’s subsidiaries include dotmailer Limited, dotsearch Europe Limited and dotmailer Inc. Through its subsidiaries, it is engaged in providing Web- and e-mail-based marketing.

This video can be seen at: https://www.piworld.co.uk/2020/11/09/a-tech-deep-dive-into-silicon-carbide-for-investors/   An hour's deep dive into silicon carbide (SiC) market, to summarise what investors should know. Here Dr Peter Gammon, who is an Associate Professor at the University of Warwick, talks about the power electronics market, technical characteristics of silicon carbide, suitability of silicon carbide for high voltage applications, issues and challenges in producing SiC devices and the most important companies in the SiC supply chain. Introduction and Q&A by Jay Malik, a tech investor. Dr Peter’s Background - 2:46 The Power Devices Market - 03:20 Power Device Design Requirements - 08:34 Technical Characteristic And Applications - 13:00 Why Silicon Carbide? - 19:42 Issues, Cost and Threat from GAN - 21:31 SiC Supply Chain - 28:55 Major Substrate Suppliers - 32:01 Epi-Wafer Suppliers - 33:44 Chip Manufacturers - 34:50 Applications Companies & OEMs - 37:25 Research at Warwick - 40:14 SiC Clean Room at Warwick - 42:55 SiC Consultancy Services - 43:56 Q&A - 45:05 About Dr Peter Gammon Dr Peter is an Associate Professor at the University of Warwick. He has been researching Silicon Carbide Power devices for about 15 years. He has published a number of papers and leads a group of 8 researchers working on future applications of silicon carbide in areas like Satellites and grid level applications. His research covers silicon carbide as a material, SiC devices (IGBTs, MOSFETs, Schottky Diodes), applications and clean room manufacturing techniques. Visit his profile on https://warwick.ac.uk/fac/sci/eng/people/peter_gammon for more info.

This video can be seen at: https://www.piworld.co.uk/2020/11/06/piworld-interview-an-hour-with-paul-jourdan/   A fabulous hour with Paul Jourdan, CEO and Co-Founder of Amati Global Investors. We get a real sense of his investing rationale and thinking. Paul talks about where he sees market opportunities. How Amati dealt with CV19. Companies he thinks are interesting. What he's learned from mistakes. Particularly thought provoking, his comment, it's not the losers that cost investors, but the expense of missing the great opportunities where you miss a multiple of what you invested. Paul’s background – 00:50 Paul/Amati’s performance - 03:15 How do you spot companies at such an early stage?- 06:30 Those that didn’t work out? - 14:30 GB Group (GBG) - 16:33 Where we’re at in the current Industrial Revolution? - 17:15 Expertise required for bio tech? - 24:18 Polarean Imaging (POLX) - 26:39 How did you respond to CV19? - 29:43 Dart Group/Jet2 - 33:43 Renalytix AI (RENX) - 36:29 Maxcyte (MXCT) – 42.54 Q&A Eqtec (EQT) - 45:57  The hydrogen industry - 50 :47 Value versus growth stocks - 54:28   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 Director of Sistema Scotland and Clean Trade, both of which are UK registered charities.  

This video can be seen at: https://www.piworld.co.uk/2020/11/04/proactis-holdings-phd-fy20-results-presentation/   By Tim Sykes, CEO & Richard Hughes, CFO Tim Sykes, CEO Key messages – 00:35 Highlights - 02:12 CV19 impact - 06:28 Growth strategy – 08:39 Target market – 11:30 bePayd - 13:44 TCV performance - 17:20 ARR performance - 21:16 HRA analysis – 23:49 Churn analysis - 25:37 Richard Hughes, CFO Financial highlights - 26:43 Tim Sykes, CEO Summary & outlook - 30:40 PROACTIS Holdings PLC is a United Kingdom-based company, which is a Spend control and e-Procurement solution provider. The Company is engaged in the development and sale of business software, installation and related services. It offers a range of solutions, such as PROACTIS Source-to-Contract, PROACTIS Purchase-to-Pay and PROACTIS Supplier Network solutions. It offers managed services, such as procurement-related managed services, such as Sourcing and Content Management; Finance-related managed services, such as Invoice Data Capture and Accelerated Payment Facility, and information technology (IT)-related managed services, such as Application Hosting & Management. Its Solutions for Finance and Procurement include cloud, hosted or on-premise software applications. PROACTIS Spend Analysis offers company-wide data on users' laptop, tablet or mobile. Its PROACTIS Invoice Data Capture turns paper, fax and Portable Document Format (PDF) invoices into system-ready electronic records.

This video can be seen at: https://www.piworld.co.uk/2020/10/29/proactis-group-holdings-full-year-2020-results-overview/   Tim Sykes, CEO, talks to piworld’s Tamzin Freeman about the Group's full year results to 31st July 2020. The key themes for the year – 00:30 Highlights of the period – 01:00 Progress against growth strategy - 02:07 Operational progress - 03:08 Outlook - 03:48 PROACTIS Holdings PLC is a United Kingdom-based company, which is a Spend control and e-Procurement solution provider. The Company is engaged in the development and sale of business software, installation and related services. It offers a range of solutions, such as PROACTIS Source-to-Contract, PROACTIS Purchase-to-Pay and PROACTIS Supplier Network solutions. It offers managed services, such as procurement-related managed services, such as Sourcing and Content Management; Finance-related managed services, such as Invoice Data Capture and Accelerated Payment Facility, and information technology (IT)-related managed services, such as Application Hosting & Management. Its Solutions for Finance and Procurement include cloud, hosted or on-premise software applications. PROACTIS Spend Analysis offers company-wide data on users' laptop, tablet or mobile. Its PROACTIS Invoice Data Capture turns paper, fax and Portable Document Format (PDF) invoices into system-ready electronic records.

This video can be seen at: https://www.piworld.co.uk/2020/10/27/whireland-whi-half-year-results-overview-october-2020/   WHIreland CEO Phillip Wale presents an overview of the group's half year results for the period ended 30 September 2020. Introduction - 00:21 Financial highlights - 00:34 Wealth Management highlights - 01:13 Corporate & Institutional Broking highlights - 01:47 Outlook - 02:11 Wealth Management outlook - 02:18 Corporate & Institutional Broking outlook - 02:42 WH Ireland Group plc is a holding company. The Company's principal activities are the provision of wealth management and corporate finance advice, research, products and services to the private clients, and small and medium sized companies. It operates through two segments, which include Private Wealth Management and Corporate Broking. The Private Wealth Management segment offers investment management advice and services to individuals and contains its wealth planning business, giving advice on and acting as intermediary for a range of financial products. The Corporate Broking segment provides corporate finance and corporate broking advice and services to the companies, and acts as nominated advisor to clients listed on the Alternative Investment Market (AIM). The Corporate Broking segment contains its institutional sales and research business, which carries out stockbroking activities on behalf of companies, as well as conducting research into markets of interest to its clients.

This video can be seen here: http://www.piworld.co.uk/2020/10/22/piworld-intervie…-richard-leonard/    We are privileged to spend an hour chatting to Andy Brough, Head of the UK & European Small & Mid Cap Team at Schroders, and Richard Leonard who co-runs a Family Office, an amazing duo. Firstly, we discuss their different perspectives as a family office and institutional fund, then, cover the macro picture, and drill down to companies where they each see opportunity. Full of wisdom and wit. A brilliant hour of investing insight! Running a family office v running a large fund – 00:45 Macro picture, is it a time to be fully invested? – 02:15 Those companies with opportunities discussed in July: POLR, REDD, UPGS - 08:37 Macfarlane (MACF) - 10:19 Tremor (TRMR) - 15:45 Reach Group (RCH) – 21:15 N Brown (BWNG) - 31:40 Novacyt (NCYT) - 34:12 Andy Brough on CV19 – 41:16 Q&A – 44:26 Ted Baker (TED) - 47:12 Reach (RCH) v Johnston Press (JPR) – 49:00 NCYT will they move to the main market or NASDAQ? – 51:59 NCYT competition - 53:43 BOO auditors - 54:28 Many thanks to Andy and Richard.  

This video can be seen at: http://www.piworld.co.uk/2020/10/16/a-piworld-interv…h-david-thornton/   Growth Company Investor update, October 2020 David Thornton is Owner & Editor of Growth Company Investor (GCI). He tells piworld of his new ownership of GCI, updates on companies he mentioned in July, and gives an overview of those companies he’s recently interviewed, which he feels have good growth prospects. Introduction - 00:18 What does the new ownership mean for GCI & subscribers - 00:46 David’s background – 02:35 How did David’s July 20 recommendations do? - 03:25 Venture Life (VLG), Accrol (ACRL), Codemasters (CDM), Victoria (VCP), Manolete (MANO), AFH Financial (AFHP) Current recommendations: Gaming Realms (GMR) – 08:23 DX Group (DX.) - 14:34 Think Smart (TSL) – 19:15 IMImobile (IMO) - 27:03 Motorpoint (MOTR) - 32:11 Inspired Energy (INSE) - 35:08 Q&A – 41:10 At DX. what does the balance sheet & return on capital look like? – 41:16 IMO – who are the big competitors – 43:20 IMO – would it list in the US, if so would it leave AIM? - 44:32 VLG – Are you worried about the cash conversion? - 45:00 GMR – will it need to raise cash as it grows? - 46:35 MANO – would you cut losses or average down? - 47:53 AGFX – what’s your take on the H1 trading update? - 49:44 CDM & GMR – will you be building your positions? - 52:29 GMR – what’s the next chance of US gaming news re lockdown and Slingo – 54:25 Do you look at mid caps or larger caps? – 55:28   About David Thornton Following an extensive career in the City David is Editor & Owner of Growth Company Investor (GCI), an excellent publication about Small Cap Shares. David, graduated 1982 and went into the City as a trainee UK equity investment analyst with an insurance company. 1985 started managing money at Br Gas pension fund. 1987-04 fund manager at Henderson. Spent 4 years doing US equities before returning to UK desk. 2006-12 launched and ran an East European fund at a hedge fund boutique (Russia, Turkey, Poland, Hungary, Greece etc). Doing these markets turned out to be good training for looking at the nether reaches of AIM which was his next job! 2013 onwards - financial journalism focused on UK small caps. Initially Redhot Penny Shares newsletter (part of MoneyWeek) and since 2015 Growth Company Investor (GCI). In September 2020 David acquired GCI from the original owners, Bonhill plc.  

This video can be seen at: https://www.piworld.co.uk/2020/10/06/air-partner-air-interim-results-interview-by-piworld-with-mark-briffa-ceo/   Mark discusses AIR’s outstanding H1 with underlying PTP +250% and underlying EPS +198% mainly driven by Group Charter and Freight divisions. He goes on to discuss the performance of each of the divisions, the initiatives taken and then moves on to the opportunities including in the US, South Africa & with acquisitions. Finally, we cover the outlook where there are many opportunities, albeit limited visibility. H1 20 overview – 00:21 H1 Highlights – 02:00 Covid 19 – 08:44 The outlook – 10:19 Air Partner PLC is a United Kingdom-based aviation services 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).