PIWORLD Investor Podcasts

This video can be seen at: https://www.piworld.co.uk/2019/05/29/stobart-group-stob-full-year-results-may-2019/   Warwick Brady, CEO talks about Stobart Group’s full year results to 28th of February 2019. Highlights: 00:20 Stobart Aviation: 00:49 Stobart Energy: 01:22 Stobart Rail & Civils: 02:06 Summary & outlook: 02:32 Stobart Group Limited is engaged in infrastructure and support service businesses operating in the biomass energy, aviation and railway maintenance sectors, as well as has investments in a national property and logistics portfolio. Its segments are Energy, Aviation, Rail, Infrastructure and Investments. The Stobart Energy segment specializes in supply of sustainable biomass for the generation of renewable energy. The Stobart Aviation segment specializes in operation of commercial airports and includes a joint venture investment in an airline. The Stobart Rail segment specializes in delivering internal and external civil engineering development projects including rail network operations. The Stobart Infrastructure segment specializes in management, development and realization of a portfolio of property assets, and investments in energy plants. The Stobart Investments segment holds non-controlling interests in a transport and distribution business and an aircraft leasing business.

This video can be seen at: https://www.piworld.co.uk/2019/05/21/entertainment-one-eto-fy19-results-presentation/     Full year results presentation for the 12 months ending 31st May 2019 by CEO Darren Throop & CFO Joe Sparacio Darren Throop CEO Highlights – 00:17 Family & Brands – 04:19 Film, Television & Music – 11:45 Joe Sparacio CFO  Financial review 19:46 Darren Throop CEO Summary & outlook – 34:24 Q&A – 35:57 Presentation slides can be downloaded here. Entertainment One Ltd is a Canada-based independent entertainment company. It develops, produces, markets and distributes content. The Company’s segments include Film, Television, Music, Family and Brands, and Innovation. The Film segment in collaboration with partners develops, acquires, produces and finances film content. The Television segment through partnerships and global distribution network produces and distributes television content. The Music segment built musical brands, as the Company is part of the network eOne Management Group. The Family and Brands segment is involved in the creation of family content and develops, launches and roll out content-related products. The Innovation segment provides digital content, such as virtual reality (VR) and the platform to discover it.

This video can be seen at: https://www.piworld.co.uk/2019/05/14/interview-with-peter-kenyon-ceo-ramsdens/   by James Lynch, Fund Manager, Downing Strategic Micro-Cap Investment Trust Ramsdens Holdings PLC (Ramsdens) is a financial services provider and retailer. The Company operates through four segments: Foreign Currency Exchange, Pawnbroking, Purchases of precious metals and Jewellery Retail. The Foreign Currency Exchange segment consists of primarily, the sale and purchase of foreign currency notes with prepaid travel cards and international bank to bank payments. The Pawnbroking segment is a form of asset backed lending where an item of value is given to the pawnbroker in exchange for a cash loan. Through its precious metals buying and selling service, Ramsdens offers to buy unwanted jewelry, gold and other precious metals from customers for cash. The Company is engaged in refurbishing items bought from customers and retailing them through its store network. The Company also provides ancillary services, including franchise fees, western union, sale and buy back of electronics, and credit broking. It has a portfolio of over 130 stores. Introduction – 00:23 Peter Kenyon’s background – 00:53  Operating areas of the business – 02:45  Diversification – 04:12  Growth strategy – 05:25  Retail rents & footfall? – 06:45  Ramsdens locations? – 09:35  What’s the strategy to expand the estate? – 11:20  What are the growth opportunities? – 12:35  New stores’ journey to profitability – 16:18  Cash generation – 17:07  Dividends and capital allocation – 18:02  Summary of the investment case – 19:27  The longer term outlook – 20:04  

This Video can be seen at: https://www.piworld.co.uk/2019/05/10/proactis-phd-h1-2019-results-presentation/   CEO, Tim Sykes talks us through interim results for the period ending 31st January 2019 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. Strategic, commercial & operational highlights – 00:33 Financial highlights – 05:42 Challenges faced – 06:55 Net debt and cash flow – 16:06 Operational review – 27:16 Group strategy & focus – 35:42 Build: Supplier side – 38:08 Summary and outlook – 41:15 Q&A – 42:23

This video can be seen at: https://www.piworld.co.uk/2019/05/08/attraqt-atqt-early-birds-acquisition/   Attraqt Group plc (AIM: ATQT), the provider of SaaS solutions that power online shopping experiences, has announced the conditional acquisition of Early Birds SAS for consideration of €15.89 million and a conditional placing to raise £17.1 million at 27.0 pence per share. Attraqt CEO Luke McKeever talks about the acquisition of Early Birds, and how it represents a transformational step for the Group. About Attraqt – 00:19 Early Birds acquisition – 01:32 AI & Machine Learning – 04:32 Outlook – 05:18 ATTRAQT Group PLC (ATTRAQT) provides visual merchandising, site search and product recommendation technology. The principal activity of the Company is the development and provision of e-commerce site search, merchandising and product recommendation technology. The Company’s Freestyle Merchandising platform provides a range of merchandising disciplines within a single platform. The Company’s platform acts as a plugin for a retailer’s e-commerce site and provides tools to enable retailers to merchandise. The Company’s Freestyle Merchandising enables retailers to control how the products are merchandised through the e-commerce sites, including site search and navigation, product recommendations, category pages, product detail pages, check-out basket, e-mail, order tracking and in-store devices. Over 100 retailers use the ATTRAQT Platform, including various multi-national retailers. The Company’s subsidiaries include ATTRAQT Limited and ATTRAQT Inc.

This video can be seen at: https://www.piworld.co.uk/2019/05/03/gervais-williams-investor-interview/   Senior Executive Director, Miton Group plc Gervais talks to piworld about his background, who influenced his investing style, the macro themes, liquidity, the outlook for the markets and how his funds are positioned. Introduction & Gervais’ background – 00:20 Who have been the main influencers in your career – 01:55 What was the attraction of joining Miton? – 03:40 Has your investing style changed over time? – 04:32 What macro factors must investors understand? – 05:30 Macro themes – 07:22 When do you sell? – 08:23 What’s your time line when you buy into a position? – 10:54 Your stock picking strategy over time? – 11:38 Regulation and liquidity? – 12:42 Are funds moving out of small caps? – 14:27 Diversity of holdings – 17:40 The views of companies on Brexit – 20:05 Outlook for the markets – 21:41 Do you feel we’re heading for a global recession? – 23:10 How do you justify the market pull back in November 2018 – 24:18 Is quantitative tightening inevitable? – 26:14 What cash can you hold? – 27:56 Gervais Williams background Gervais has been an equity portfolio manager since 1985. He spent five years with Throgmorton Investment Management (later part of the Framlington Group), three years with Thornton Investment Management (part of Dresdner Bank) and 17 years with Gartmore Group Ltd, where he was Head of UK Small Companies investing in UK smaller companies and Irish equities. Gervais has extensive investment experience particularly in UK smaller companies. He is well versed in AIM listed companies and understands the forces shaping changes to the investment industry. He won Investor of the Year as awarded by Grant Thornton at their Quoted Company Awards in both 2009 and 2010. Gervais is on the EU Taskforce reviewing why the number of smaller IPOs has declined over recent decades. Gervais has published three books: ‘Slow Finance’, ‘The Future is Small’ and ‘The Retreat of Globalisation’ setting out his investment philosophy for the post credit boom world. He was awarded Fund Manager of the Year 2014 by What Investment.

This video can be seen at: https://www.piworld.co.uk/2019/04/30/venture-life-group-vlg-2018-results/   Venture Life (VLG) CEO Jerry Randall, presents highlights of the Group’s 2018 results. Results highlights – 00:22 A transformational year – 00:45 Growth outlook – 02:09 Venture Life Group plc is an international consumer self-care company. The Company focuses on developing, manufacturing and commercializing products for the ageing population. Its segments include Brands, which includes sales of branded healthcare and cosmetics products direct to retailers and under distribution agreements, and Manufacturing, which includes sales of products and services under contract development and manufacturing agreements. Its product range includes the UltraDEX oral care range, which is primarily sold in the United Kingdom through the pharmacy and grocery retailers. Its product range also includes food supplements for lowering cholesterol and maintaining brain function, dermo-cosmetics for addressing the signs of ageing and medical devices for conditions, such as hemorrhoids, minor aches and pains, and women’s intimate health issues. It also provides development and manufacturing services to other companies in the healthcare and skincare sectors.

This video can be seen at: https://www.piworld.co.uk/2019/04/30/venture-life-group-vlg-overview-investment-case/   Venture Life (VLG) CEO Jerry Randall presents an overview of the Group, how they will grow and the investment case. Overview – 00:20 The business model – 01:14 The market environment – 02:07 The growth strategy – 02:54 The investment case – 03:45 Venture Life Group plc is an international consumer self-care company. The Company focuses on developing, manufacturing and commercializing products for the ageing population. Its segments include Brands, which includes sales of branded healthcare and cosmetics products direct to retailers and under distribution agreements, and Manufacturing, which includes sales of products and services under contract development and manufacturing agreements. Its product range includes the UltraDEX oral care range, which is primarily sold in the United Kingdom through the pharmacy and grocery retailers. Its product range also includes food supplements for lowering cholesterol and maintaining brain function, dermo-cosmetics for addressing the signs of ageing and medical devices for conditions, such as hemorrhoids, minor aches and pains, and women’s intimate health issues. It also provides development and manufacturing services to other companies in the healthcare and skincare sectors.

This video can be seen at: https://www.piworld.co.uk/2019/04/30/deepmatter-dmtr-overview-investment-case/   DeepMatter Group plc is a technology company currently deploying its integrated software, hardware and machine learning enabled platform – DigitalGlassware™ CEO Mark Warne presents an overview of the Group, it’s technology and the investment case. Introduction – 00:17 The technology – 01:07 The roadmap – 02:38 Infochem acquisition – 03:24 The investment case – 04:29 Deepmatter Group Plc, formerly Cronin Group Plc, is a United Kingdom-based company engaged in the digitization of chemical space coupled with chemical drug discovery, through its subsidiary, Cronin 3D Limited (Cronin 3D). Cronin 3D is a spin-out company, which is created to commercialize a platform technology to research and develop proprietary chemistry. The platform technology is intended to be used in the discovery, optimization and portable manufacture of small molecules and nano materials, with applications that are relevant in the pharmaceutical, formulation and materials science industries. Cronin 3D’s platform technology comprises a technology to implement a digital code for the discovery and manufacturing of molecules thereby digitizing chemistry, and is enabled through the application of 3D printing and related technologies for proprietary chemistry. Cronin 3D is engaged in developing the Chemputer, an autonomous universal digital synthesis engine.

This video can be seen at: https://www.piworld.co.uk/2019/04/29/proactis-phd-interim-results-strategy-review-april-2019/   Tim Sykes, CEO, gives an overview of the interim results for the period ending 31st January 2019, further he outlines the strategic review highlights, and how PHD are positioning to take the strategy forward. Introduction & results overview – 00:35 Strategic review – 01:20 New business – 01:44 Existing customers & retention – 02:44 Leadership & management – 04:02 Financial position – 04:35 Summary & outlook – 05:24 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.