6 episodes

Welcome to The Private Investor’s Podcast, the podcast where keen stock-pickers Mark Atkinson and Maynard Paton talk about managing their share portfolios. Mark began buying shares in 1984 while Maynard started in 1993.

The Private Investor's Podcast Hosted by Maynard Paton & Mark Atkinson

    • Business

Welcome to The Private Investor’s Podcast, the podcast where keen stock-pickers Mark Atkinson and Maynard Paton talk about managing their share portfolios. Mark began buying shares in 1984 while Maynard started in 1993.

    PIP006 FTSE Small-Cap Review: City of London Investment’s 9% Yield (CLIG)

    PIP006 FTSE Small-Cap Review: City of London Investment’s 9% Yield (CLIG)

    This time Maynard Paton and Mark Atkinson review FTSE Small-Cap City of London Investment and the investment potential of fund managers.
    Maynard shares why he owns the City of London Investment and covers in detail why he started buying the City of London Investment, what CLIG does, attending the recent City of London AGM and what Maynard thinks about their current situation and future growth potential. Is it a further buy, a hold or a sell?
    Maynard's recent CLIG purchase and history of ownership. A lack of capital gains, but superb dividends and 9% yield. Where CLIG stands in Maynard's portfolio now. How does CLIG invest for its clients? Maynard's AGM attendance and previously receiving a letter from CLIG’s founder. Major shareholder George Karpus and his future plans. Performance of Karpus Investment Management following the merger. Regular client income, but fees being squeezed. Employee remuneration versus client returns. The share-price KPI and potential double-digit returns. CLIG’s team investment approach and employee retention. History of funds under management and recent client-money inflows. The S&P 500, institutional ‘allocators’ and portfolio ‘buckets’. The attractions of emerging markets and potential for outperformance. Private investors holding CLIG and liking cash-rich income stocks. The 33p per share dividend, valuation comparison with Liontrust and closing thoughts. Hope you enjoy it and have a wonderful day.
    Maynard & Mark
    If you like the episode, please subscribe for future company reviews.
    Mark & Maynard Resources:
    Learn more about Maynard Paton by visiting his excellent Quality UK Investment Blog at: https://maynardpaton.com/
    Maynard's City of London Blog: https://maynardpaton.com/2022/10/21/city-of-london-investment-h2-2022-profit-drops-20-and-fum-slides-to-8-5b-although-yield-now-tops-8-and-run-of-net-inflows-extends-to-4-quarters/
    Follow Maynard on Twitter: https://twitter.com/maynardpaton
    Connect or follow Mark Atkinson on LinkedIn: https://www.linkedin.com/in/mark-atkinson-10824b71/
    City of London Investment Group PLC Shareholder presentation 2022: https://maynardpaton.com/wp-content/uploads/2022/10/CLIG-FY-2022-slides.pdf
    City of London Investment Group Annual Report: https://maynardpaton.com/wp-content/uploads/2022/10/CLIG-AR-2022.pdf
    Visit Fund Your Retirement: https://www.fundyourretirement.com/
    Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.
     

    • 42 min
    PIP005 Aim Listed Small-Cap Share Review System 1 (SYS1)

    PIP005 Aim Listed Small-Cap Share Review System 1 (SYS1)

    This time Maynard Paton and Mark Atkinson review Aim Listed Small-Cap System 1 and the investment potential of testing adverts.
    System 1 is Maynard's largest holding starting with his first purchase in March of 2016, since then Maynard has further added to his position.
    As always Maynard covers in detail why he started buying System 1, what System 1 does, attending the recent System 1 AGM and what Maynard thinks about their current situation and future growth potential. Is it a buy, a hold or a sell?
    Hope you enjoy it and have a wonderful day.
    Maynard & Mark
    If you like the episode, please subscribe for future company reviews.
    Mark & Maynard Resources:
    Learn more about Maynard Paton by visiting his excellent Quality UK Investment Blog at: https://maynardpaton.com/
    Follow Maynard on Twitter: https://twitter.com/maynardpaton
    Connect or follow Mark Atkinson on LinkedIn: https://www.linkedin.com/in/mark-atkinson-10824b71/
    Visit Fund Your Retirement: https://www.fundyourretirement.com/
    The AGM on Investor Meet Company: https://www.youtube.com/watch?v=WEuZBrV9CWw
    Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

    • 36 min
    PIP004 FTSE 250 Share Review Greggs (GRG)

    PIP004 FTSE 250 Share Review Greggs (GRG)

    Welcome to The Private Investor’s Podcast. This time Maynard and Mark’s share review of FTSE of 250 listed Greggs (GRG) and the investment potential of sausage rolls.
    Mark first bought Greggs in 2003 before selling it in 2005. Mark began buying again in 2017 at £10.24 adding several times with the latest purchase at £18.00
    Greggs is now one of Mark’s top five holdings accounting for 5% of his overall portfolio.
    The question is; what does the future hold for Greggs? Will Maynard be buying, does Mark hold, buy more, or sell?
    Main Topics Covered:
    Mark - buying - 5% holding Business overview of Greggs, General bull case - case against the rough economy, higher business costs (energy) etc? Greggs superfans/clothing/tattoos Financial history Impressive track record, cash/special/freeholds. Productivity improvements, revenue per employee/store Family management/Ian Gregg Recent management/new CEO The 5-year plan -- outline, upsides The 5-year plan -- costs, downsides Director PSPs H1 results H1 results (small print) Valuation Mark/Maynard - Buy/Hold/Sell Hope you enjoy it and have a wonderful day.
    Maynard & Mark
    If you like the episode, please leave us a review and subscribe for future company reviews.
    Mark & Maynard Resources:
    Learn more about Maynard Paton by visiting his excellent Quality UK Investment Blog at: https://maynardpaton.com/
    Follow Maynard on Twitter: https://twitter.com/maynardpaton
    Connect or follow Mark Atkinson on LinkedIn: https://www.linkedin.com/in/mark-atkinson-10824b71/
    Visit Fund Your Retirement: https://www.fundyourretirement.com/
    Greggs Capital Markets Day Slide Deck 2021: https://corporate.greggs.co.uk/sites/default/files/Greggs-Capital-Markets-Days-presentation-full-%28website-version%29.pdf
    Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

    • 29 min
    PIP003 AIM Listed Small-Cap Share Review Somero (SOM)

    PIP003 AIM Listed Small-Cap Share Review Somero (SOM)

    Welcome to The Private Investor’s Podcast. This time Maynard and Mark’s review of AIM listed small-cap Somero Enterprises (SOM) and the investment potential of concrete levelling machines.
    Mark first bought Somero (SOM) in April 2016 adding a further nine purchases making it one of the largest holdings in his portfolio.
    Somero Enterprises is a US domiciled company listed on the UK AIM share market that specialises in concrete levelling machines for large warehouses, fulfilment centres, large factories and data centres. It's quite a popular share among private investors with 13% of the shares owned by clients of Hargraves Landsdown and Interactive Investor, which comes to a collective investment of 30 million pounds, which sounds a lot for what is a small American business with just a 250 million market cap.
    Last year was exceptional for Somero because sales before the pandemic were between 80 and 90 million rising to 133 million indirectly benefitting from the growth of eCommerce.
    The question is; what does the future hold for Somero? Will this growth continue, are there any black holes in the accounts and what will Mark do with his holdings after this detailed breakdown of Somero Enterprises (SOM)?
    Timestamps:
    0:00 to 1:46 Introduction to Somero Enterprises.
    1:47 to 2:37 W-8BEN form.
    2:38 to 4:50 Mark’s first purchase of Somero and moving brokers.
    4:51 to The growth of eCommerce and dying high street.
    6:20 to 7:30 Somero’s USP.
    7:31 to 12:15 The financials and accounts.
    12:16 to 13:30 The international growth of eCommerce.
    13:30 to 15:00 The different products Somero sells.
    15:01 to 18:20 Breaking down the disclosure in the annual report.
    18:21 to 20:30 Somero management team.
    20:31 to 22:97 Special dividends.
    22:98 to 28:40 What will cause a re-rating for Somero and previous headwinds?
    28:41 to 30:12 Closing thoughts and wrap up.
    Hope you enjoy it and have a wonderful day.
    Maynard & Mark
    If you like the episode, please leave us a review and subscribe for future company reviews.
    Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

    • 30 min
    PIP002 UK Small-Cap Share Review Tristel (TSTL)

    PIP002 UK Small-Cap Share Review Tristel (TSTL)

    Welcome to The Private Investor’s Podcast. This time Maynard and Mark review UK small-cap Tristel (TSTL) and the investment potential of medical cleaning wipes and disinfectants.
    Maynard bought Tristel in 2013, while Mark bought it in 2017. Both Maynard and Mark recently attended Tristel’s shareholders’ Open Day learning key insights about the potential growth of the company. The question is; do we buy more, hold or sell our holdings?
    Timestamps:
    0:00 to 1:31 Introduction to Tristel open day and when we bought.
    1:31 to 2:59 What does Tristel do and its unique selling point.
    3:00 to 5:55 Tristel’s market cap, profits and revenue streams.
    5:56 to 7:00 The price Maynard bought at and when he started selling.
    7:01 to 12:50 Discussing the trading update and the potential growth in the US.
    12:51 to 16:20 We discuss the different products Tristel offer.
    16:21 to 18:25 Discussing debt and restructuring of assets.
    18:26 to We discuss the shareholders’ open day.
    20:90 to It’s a high-margin business.
    21:92 to 23:43 Concerns about the patents expiring in the next couple of years.
    23:44 to 26:23 Discussing the CEO, CFO, the board and their skill-sets.
    26:24 to 29:40 Now we have reviewed Tristel; do we buy more, hold or sell?
    29:41 to 30:23 Closing remarks and wrap up.
    Hope you enjoy and have a wonderful day.
    Maynard & Mark
    If you like the episode, please leave us a review and subscribe for future company reviews.
    Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

    • 30 min
    PIP001 UK Small-Cap Share Review Photo-ME

    PIP001 UK Small-Cap Share Review Photo-ME

    Welcome to the first episode of The Private Investor’s Podcast. The podcast where keen stock pickers, Mark Atkinson, and Maynard Paton talk about managing their share portfolios.
    Mark began buying shares in 1984, and Maynard started in 1993. In this episode we cover UK small-cap cover Photo-Me and the investment potential of passport photos and self-service washing machines.
    Timestamps:
    0:00 to 0:51 Introduction and % return of each other's portfolio for 2022.
    0:52 to 5:09 What does Photo-ME do and how does it make money (Mark has been buying).
    5:10 to 9:25 Is self-service laundry a winning revenue stream for Photo-ME?
    9:26 to 12:15 Is fruit juice and pizza vending the winning formula for Photo-ME?
    12:16 to 13:50 The financials of Photo-Me?
    13:51 to  19:00 The CEO, Serge Crasnianski, recently bought £20,000,000 worth of shares. What does he know?
    19:01 to 19:50 Is it a red flag that there is no CFO on the board?
    19:51 to 20:23 Trading statement, revenue and expected revenue.
    20:24 to 22:50 Is Mark still bullish, would he buy more after this deep dive into Photo-ME?
    22:51 to 23:25 How big of a position has Mark already taken in Photo-Me?
    23:26 to 25:35 Would Maynard now buy Photo-Me after this deep dive?
    25:36 to 25:51 Wrap up.
    If you liked our first episode, please let us know by subscribing, sharing and leaving us a review. This will let us know if you want more content like this, and encourage us to do many more reviews of UK companies. 
    Maynard & Mark
     
    Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

    • 25 min

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