PIWORLD Investor Podcasts

This video can be seen at: https://www.piworld.co.uk/2020/08/05/the-panoply-tpx-fy20-results-july-2020/   FY 2020 results presentation (for the year ended 31.3.20), by Neal Gandhi, CEO & Co-founder and Oliver Rigby, CFO & Co-Founder Neal Gandhi, CEO & Co-Founder Introduction – 00:18 What TPX do - 00:55 Oliver Rigby, CFO & Co-Founder Financial results - 06:51 Neal Gandhi, CEO & Co-Founder Summary of the period - 12:08 Commercial vision – 13:22 Oliver Rigby, CFO & Co-Founder Current trading - 15:51 Neal Gandhi, CEO & Co-Founder TPX strategy – 17:37 Competitive landscape - 19:36 TPX Full Service Brands – 22:06 Case Study: FutureGov – 24:05 Case Study: Green Shoot Labs – 26:00 Summary & Outlook – 27:13 Q&A – 28:24   About The Panoply: Panoply Holdings PLC is a United Kingdom-based technology services company. The Company operates through its subsidiaries, including Bene Agere Norden AS (Bene Agere), Manifesto Digital Limited (Manifesto Digital), Not Binary Limited (Not Binary) and Questers Global Group Limited (Questers). It operates through Experience, anything as a service (XaaS), Intelligence, Transformation and Automation segments. Bene Agere is a strategy and management consultancy business. Manifesto Digital is a digital experience agency. Not Binary is an information technology (IT) consultancy. Questers provides onshore and nearshore agile software development services. Not Binary is focused on software development and automation.

This video can be seen at: https://www.piworld.co.uk/2020/08/05/nwf-group-nwf-full-year-results-2020-presentation-august-2020/   By Richard Whiting, Chief Executive & Chris Belsham, Group Finance Director present Full Year results (for the year ended 31.05.20).   About NWF Group: 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.

This video can be seen at: http://www.piworld.co.uk/2020/08/03/ig-design-group-…lts-presentation/   Paul Fineman, CEO & Giles Willits, CFO, present FY20 results, followed by Q&A. Paul Fineman, CEO Highlights – 00:19 Covid-19 - 03:56 Giles Willits, CFO Financial overview - 10:19 Paul Fineman, CEO Strategy - 24:45 CSS Integration - 31:12 Q1 update & 2021 outlook - 36:03 Summary - 41:21 Q&A – 44:20 About IG Design Group: 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.  

This video can be seen at: https://www.piworld.co.uk/2020/07/30/ultra-ule-interim-results-2020/   Presentation given to analysts by Simon Pryce, CEO & Jos Sclater, CFO on 30th July 2020. Simon Pryce, CEO H1 overview - 55:03 Covid 19 - 03:53 Increased technology/capability investment - 06:26 Important new contract wins - 08:52 Transformation programme - 11:37 Jos Sclater, CFO Financial review - 15:32 Simon Pryce, CEO Outlook – 31:38 Q&A – 37:54 About Ultra 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.

This video can be seen at: http://www.piworld.co.uk/2020/07/28/ig-design-group-…ear-2020-results/   Paul Fineman, CEO & Giles Willits, CFO discuss Full Year 2020 results, (period ending 31.3.20), with piworld’s Tamzin Freeman. Paul Fineman Overview – 0:36 CV19 - 02:10 Giles Willits Financials – 04:00 Paul Fineman Performance drivers - 05:15 CSS integration - 06:45 Outlook - 07:40 IG Design Group plc, formerly International Greetings plc, is engaged in the design, manufacture and distribution of gift packaging and greetings; stationery and creative play products, and design-led giftware. The Company's geographic segments include UK and 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

This video can be seen at: http://www.piworld.co.uk/2020/07/25/an-hour-with-mar…-piworld-webinar/   Mark Slater, Chairman & CIO at Slater Investments talks to piworld's Tamzin Freeman. Where we learn Mark is looking for companies that will give an investing return of 50-100% over 3-5 years. We get insights on how Mark analyses stocks to identify these compounders. Further, of course, he discusses how he's handled CV19, plus many more nuggets such as his thoughts on Director sells/buys and short attacks. How much did your father influence your career? - 00:52 How did Slater investment come about and evolve? – 01:56 How do you judge the performance of the different funds? – 03:00 What investing return you think is reasonable for a private investor to achieve – 04:15 Who were the biggest investor influencers to you and your father? - 06:22 What did you do with CV19? - 09:23 Hollywood Bowl (BOWL) – 12:30 Cash levels - 15:43 What’s the mood amongst institutions, is cash available? - 17:00 Has the withdrawal of forecasts affected your analysis? - 19:58 Would you look at a loss-making company? – 22:48 What are the qualitative factors you look for? - 26:10 What trend do you like now? – 30:24 Codemasters (CDM) - 31:14 Director buys or sells? - 33:19 What are your views on short sellers - 36:07 Future Publishing (FUTR) - 37:32 Exceptional companies and their lifecycle - 40:30 Q&A Trade war with China - 43:38 Venture Life (VLG) & Strix (KETL) - 44:30 Tesco (TSCO) - 45:42 When do you sell? - 47:44 China Hutchinson Meditech (HCM) - 51:00 Where to find Mark and the funds - 56:55 About Mark Slater: Mark Slater co-founded Slater Investments in 1994 with Ralph Baber and is Chairman and Chief Investment Officer of Slater Investments, Chairing the Investment Committee. The company manages a hedge fund, four unit trusts and portfolios for pension schemes, charities and high net worth individuals. Recent awards include: UK All Companies, Best 10 Year Performance – Slater Growth Fund (City of London Fund Awards 2018), “Best of British” – No 1 – Top 25 UK Fund Managers (TD Direct Investing 2017 & 2016, Best Larger UK Equity Growth Fund & Best Smaller UK Equity Income Fund – MFM Slater Growth & Income Funds (Money Observer Fund Awards 2016) and Fund Manager of the Year Awards (City AM Awards 2014). He has also received top ratings from several well-known rating agencies. Prior to founding Slater Investments, Mark worked as a financial journalist with Analyst plc and the Investor’s Chronicle. Also, in 1992, he helped research and edit a best-selling investment book “The Zulu Principle” for his father, Jim Slater, which focuses on identifying small to medium-sized growth companies. During his career, Mark has served on the boards of four public companies in which he has been a substantial shareholder. Mark has an MA in History from Cambridge University.  

This video can be seen at: https://www.piworld.co.uk/2020/07/21/sthree-stem-half-year-results-2020-presentation/   Mark Dorman, CEO & Alex Smith, CFO present the Group’s Half Year results for the 6 months ending 31st May 2020. Mark Dorman, CEO Introduction – 00:19 Performance – 01:36 CV-19 – 03:10 STEM’s purpose – 05:30 Navigating through & beyond the pandemic – 07:25 Alex Smith, CFO Financials – 09:00 Group KPIs – 19:07 Mark Dorman, CEO STEM’s strategic pillars – 25:25 Progress against group ambitions – 28:20 Market outlook driving STEM’s strategy – 29:04 Investing in areas that will drive growth – 30:00 Outlook – our focus going forward – 31:00 Q&A – 32:10 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.

This video can be seen at: https://www.piworld.co.uk/2020/07/20/sthree-stem-half-year-results-overview-july-2020/   SThree CEO Mark Dorman and CFO Alex Smith talk to piworld's Tamzin Freeman giving an overview of the Group's Half Year results for the 6 months ending 31st May 2020. Mark Dorman, CEO Results overview - 00:34 Alex Smith, CEO Financial Highlights 01:20 Mark Dorman, CEO Effects of COVID 19 - 3:00 Trends in the period - 04:09 Outlook - 06:00 SThree plc is an international staffing company, which provides specialist recruitment services in the science, technology, engineering and mathematics (STEM) industries. 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.

This video can be seen at: https://www.piworld.co.uk/2020/07/18/trackwise-twd-investor-presentation-july-2020/   An comprehensive overview of Trackwise by Philip Johnston, CEO & Mark Hodgkins, CFO, including insight to the acquisition of Stevenage Circuits, and its integration. Philip Johnston, CEO Who are Trackwise? – 00:19 Business strategy - 01:18 Radio Frequency (RF) Division - 02:25 IHT (Improved Harness Technology) - 04:35 Mark Hodgkins, CFO Financials FY19 - 09:25 CV-19 & Current Trading - 12:43 Acquisition of Stevenage Circuits - 13:58 IHT market - 17:05 IHT revenue opportunities - 22:22 Outlook - 22:49 Significant shareholders - 24:22 Trackwise Designs PLC is a United Kingdom-based company that manufactures specialist products using printed circuit technology. The Company has two operating divisions, Radio Frequency (RF) and Improved Harness Technology (IHT). The RF business division is manufacturing specialist printed circuits, which are primarily used in antenna infrastructure to support the 3G / 4G networks. The other division, IHT utilizes the Company’s technology, a patented process, to manufacture unlimited length multilayer flexible printed circuits.

This video can be seen at: https://www.piworld.co.uk/2020/07/17/an-hour-with-andy-brough-a-piworld-webinar/   A very entertaining and informative hour with Andy Brough, Head of the UK & European Small & Mid Cap team at Schroders. Andy gives us his tips and insights on how to make money from equities, illustrated with many colourful anecdotes. A great watch for any equity investor. Andy’s career & the funds - 00:50 What performance are you targeting? - 03:18 How do you manage money? - 07:09 Placings – Weatherspoon (JDW); Dart (DTG); Ted Baker (TED) - 12:52 Will institutional appetite for placings endure? - 14:12 How do you advise the retail investor to cope with volatility? - 15:20 Xaar (XAR) – 16:25 Has the story changed on any companies you hold with CV19 - 17:30 Where do you start with the annual report and accounts? - 19:00 Are we seeing more company failures? - 21:40 How valuable are broker notes to you? – 22:55 Does the macro picture play a part in your fund management? – 24:30 Has CV19 had any effect on your management of the funds? - 26:00 Tremor International (TRMR) - 27:54 What tricks to the trade can you hand on to us retail investors? - 28:31 What are your criteria for selling? - 30:30 What would you like to see happen to level the playing field for the retail investor? - 31:29 How do you see the future of fund management? – 32:37 Liquidity in small caps? – 33:31 Q&A Sentiment and valuation disconnect with US market? - 35:49 Sectors to avoid? - 36:50 Do you use technical analysis? - 37:22 Games Workshop (GAW) - 37:45 What’s your primary quality metric when looking for companies? - 39:45 How is ESG affecting your investment selections? - 40:15 Which companies or sectors are you most positive about now? - 41:23 How much cash is held by the fund? - 42:05 Would you expect volatility to rise in August? - 42:50 Is lack of alternative choices for money driving the market? - 43:44 Dividends? - 44:53 What’s the short-term outlook on JD Wetherspoons (JDW)? - 45:50 Management incentives? - 46:34 Superdry (SDRY); Ted Baker (TED); Restaurant Group (RTN) - 47:44 How do you distinguish between good and bad management? – 49:08 Games Workshop (GAW) share sale - 49:50 Xaar (XAR) - 50:49 Spurs: buy, sell or hold?! – 52:44 Where to find Andy Brough & and the funds - 53:50 About Andy Brough: • Head of the UK & European Small and Mid Cap team • Manager of the Schroder Mid 250 Fund and the Schroder UK Smaller Companies Fund • Co-Manager of the Schroder UK Mid Cap Fund plc and Co-manager of the Schroder Institutional UK Smaller Companies Fund • Co-manager of Schroder ISF European Smaller Companies • Investment career commenced on joining Schroders in 1987 • Chartered Accountant • BSc in Economics, Manchester University