Beaufort Interviews

Falanx Group

Beaufort TV | Support Services | 07/02/2018

Investor Q&A session with Mike Read, Chairman & CEO of Falanx Group (FLX.L).

 

Prospex Oil & Gas

Beaufort TV | Oil & Gas | 25/01/2018

Investor Q&A session with Edward Dawson, CEO and Managing Director of Prospex Oil & Gas (PXOG.L).

 

Nuformix

Beaufort TV | Pharmaceuticals | 18/12/2017

Investor Q&A session with Dr Dan Gooding, Chief Executive Officer of Nuformix (NFX.L).

 

Ariana Resources

Beaufort TV | Mining | 14/12/2017

Investor Q&A session with Kerim Sener, Managing Director of Ariana Resources (AAU.L).

 

Kibo Mining

Beaufort TV | Mining | 07/12/2017

Investor Q&A session with Louis Coetzee, CEO of Kibo Mining (KIBO.L).

 

Jubilee Platinum

Beaufort TV | Mining | 04/12/2017

Following today's AGM Leon Coetzer, CEO of Jubilee Platinum (JLP.L) updates investors in a Q&A session with Beaufort.

 

Savannah Resources

Beaufort TV | Mining | 22/11/2017

Following today's encouraging drill results from its strategic lithium project, David Archer, CEO of Savannah Resources (SAV.L) updates investors in a Q&A session with Beaufort.

 

DekelOil Public

Beaufort TV | Food Producers | 17/11/2017

On Friday, 17th November 2017 Lincoln Moore, Executive Director of DekelOil Public (DKL.L) provided an update on the company at the Beaufort offices.

 

Jubilee Platinum

Beaufort TV | Mining | 28/09/2017

On Thursday, 28th September 2017 Leon Coetzer, CEO and Colin Bird, Non-Executive Chairman of Jubilee Platinum (JLP.L) provided an update on the company at the Beaufort offices.

 

Indian Pacific Resources

Beaufort TV | Mining | 04/09/2017

On Thursday, 21st September 2017 Paul Bibby, CEO of Indian Pacific Resources answered questions posed by private investors at the Beaufort offices ahead of the company's planned IPO in London in early October.

 

Thor Mining

Beaufort TV | Mining | 04/09/2017

On Wednesday, 20th September 2017 Mick Billing, Chairman & CEO of Thor Mining (THR.L) answered questions posed by private investors at the Beaufort offices.

 

Cora Gold

Beaufort TV | Mining | 13/09/2017

On Wednesday, 13th September 2017 Jon Forster, CEO of Cora Gold answered questions posed by private investors at the Beaufort offices ahead of the company's planned IPO on AIM later this month.

 

Amryt Pharma

Beaufort TV | Pharmaceuticals & Biotechnology | 04/09/2017

On Monday, 4th September 2017 Joe Wiley, CEO of Amryt Pharma (AMYT.L) answered questions posed by private investors at the Beaufort offices.

 

Jubilee Platinum

Beaufort TV | Mining | 13/07/2017

On Thursday, 13th July 2017 Leon Coetzer, CEO of Jubilee Platinum (JLP.L) answered questions posed by private investors at the Beaufort offices.

 

Katoro Gold

Beaufort TV | Mining | 26/05/2017

On Friday, 26th May 2017 Louis Coetzee, Executive Chairman of Katoro Gold (KAT.L) answered questions posed by private investors at the Beaufort offices.

 

Edison TV Interviews

Tetragon Financial Group

Edison TV | Investment Companies | 31/01/2018

Tetragon Financial Group’s (TFG.L) investment objective is to generate distributable income and capital appreciation, aiming to provide stable returns to investors across various credit, equity, interest rate, inflation and real estate cycles. The investment portfolio comprises a broad range of assets, including a diversified alternative asset management business, TFG Asset Management, and covers bank loans, real estate, equities, credit, convertible bonds and infrastructure. In this video, Tetragon co-founder and director Paddy Dear provides an overview of TFG Asset Management and explains how it fits into Tetragon’s investment portfolio.

Tetragon is scheduled to publish its end-December 2017 monthly factsheet today, providing updated key performance metrics and portfolio analysis.

 

appScatter

Edison TV | Software & Computer Services | 11/12/2017

In this interview, Jason Hill, chief revenue officer of appScatter (APPS.L), provides an outline of the platform’s core capabilities. He describes the business uses of the platform and explains how, with its unique distribution to 50+ Android and iOS stores, app publishers can save considerable resources as well as increasing their reach and, ultimately, monetisation. He goes on to outline the vast and growing market opportunity, and the company’s SaaS business model. He also explains the group’s strategy following the recent public launch of the platform to convert a significant pipeline of registered interest to paying customers, and the benefits of launching a marketplace that will enable the integration of third-party software into the appScatter platform. Finally, Jason summarises the three key reasons why he believes investors should consider appScatter: its first mover advantage, the attractive and scalable business model, and the size and growth dynamic of the global app market.

appScatter is a B2B mobile app distribution, management and intelligence company, whose cloud-based platform helps its customers distribute to and monitor more than 50 app stores globally. It is also building one of the largest repositories of app store data and plans to launch a marketplace to support third-party app integrations in early 2018. The company was founded in 2013 and listed on AIM in September 2017.

 

Future

Edison TV | Media | 07/12/2017

CFO Penny Ladkin-Brand describes Future’s (FUTR.L) growth strategy and the key brands and verticals which the group addresses. She outlines how the group creates content and then monetises it in different ways, along with the characteristics of the group’s cash profile. Lastly, Penny discusses the most significant opportunities for the group in the short term.

Future is a global and scalable platform business for specialist media, with a range of leading consumer brands. It operates two brand-led divisions: Media and Magazine.

 

KEFI Minerals

Edison TV | Mining | 29/11/2017

After announcing the acquisition of Tulu Kapi from Nyota in 2013, KEFI (KEFI.L) is now putting together the final touches of its financing plans to put the mine into production. In its most recent update, KEFI announced that its financing facility with partner, Oryx, has been increased by 3.7% to US$140m in order to accommodate an increase in processing capacity to 2.0Mtpa. Here, the company's executive chairman, Harry Anagnostaras-Adams, and its finance director, John Leach discuss how they achieved this.

 

Personal Group Holdings

Edison TV | Finacials | 27/11/2017

Personal Group Holdings (PGH.L) is a UK-based company engaged in transacting employee benefits-related business, including short-term accident and health insurance and the provision of salary sacrifice technology products in the UK.

The company's segments include core insurance, IT salary sacrifice, mobile and other. The core insurance segment is engaged in underwriting (by Personal Assurance) insurance policies that are bought by employees of host companies through bespoke benefit programmes. The IT salary sacrifice segment refers to the trade of Lets Connect, a salary sacrifice technology.

 

Picton Property Income

Edison TV | Real Estate | 27/11/2017

Picton Property Income (PCTN.L) is an internally managed investment company with a diversified portfolio of commercial property across the UK. The investment objective is to provide investors with an attractive level of income and the potential for capital growth. Picton has generated property returns ahead of the MSCI IPD Quarterly Benchmark over the past one, three, five and 10 years.

In this interview, Michael Morris, chief executive of Picton Capital Management, the company's internal portfolio management subsidiary, discusses Picton's strategy, the reasons behind its consistent benchmark outperformance, the recently reported interim results and its prospects for the future, including potential conversion to REIT status.

 

Nanoco Group

Edison TV | Technology | 20/11/2017

CEO of Nanoco (NANO.L), Dr Michael Edelman, discusses the operational highlights of the last year, which included the first commercial orders for the company's cadmium-free quantum dots in computer displays. He explains why the commercialisation cycle has been more protracted than initially thought but expresses confidence that the company now has a healthy pipeline of potential customers moving closer towards commercial orders. Michael also provides an update on the company's competitive positioning, and the developments of the technology for non-display applications. Finally, Michael talks about the milestones that investors should be looking for in 2018.

Nanoco is the leading commercial supplier of cadmium-free quantum dots – fluorescent semiconductor nanoparticles that absorb or re-emit different colours of light depending on the size of the particle. Quantum dots can be used in a number of different applications including TV displays, lighting, medical applications and solar power. Display is the most advanced of these applications, where quantum dots can provide better picture quality and better efficiency than competing LCD or OLED screens.

 

JPMorgan Global Growth & Income

Edison TV | Investment Companies | 27/10/2017

Launched in 1887, JPMorgan Global Growth & Income (JPGI.L) has undergone a period of change in the past 18 months, changing its name from JPMorgan Overseas and introducing a high distribution policy under which it pays out 4% of year-end NAV in equal quarterly instalments. However, its research-based, value-orientated investment process, seeking capital growth from a portfolio of global equities, remains unchanged. In this video, portfolio manager Jeroen Huysinga explains where he is currently finding value, why he sees particular opportunities in Europe, and how exposure to high-growth emerging markets can be achieved by investing in undervalued developed-market stocks, as well as explaining how JPGI's new distribution policy has helped the trust substantially narrow its discount to NAV.

 

Palace Capital

Edison TV | Real Estate | 25/10/2017

Palace Capital (PCA.L) is an AIM-listed UK commercial property investment company. It is sector-agnostic and seeks opportunities where it can enhance the long-term income and capital value through asset management and strategic capital development in locations outside London. In this interview FD Stephen Silvester discusses Palace's strategy, the strong track record of value creation and the prospects for the most recently completed portfolio acquisition and capital raising. The latter provides significant further opportunities for asset management and scale economies, and lifts the company's market capitalisation above £150m. Palace will now seek a Main Market listing.

 

WANdisco

Edison TV | Technology | 17/10/2017

WANDisco's (WAND.L) CEO, David Richards, discusses the highlights of the recent capital markets day. He describes how the company's partnerships with major cloud technology companies, such as IBM, Oracle, Amazon and Microsoft, have developed and the use cases for which the technology is being deployed. He discusses the competitive landscape, the addressable market for the company's technology and how future technology developments could expand this further, before highlighting the key milestones that investors should look for over the course of the next 12 months.

WANdisco is a distributed computing company. The company has developed a suite of solutions based around proprietary replication technology, which solve critical data management challenges prevalent across cloud computing, big data and the ALM software markets.

 

accesso Technology Group

Edison TV | Technology | 13/10/2017

Executive chairman, Tom Burnet, runs through the highlights of the recent interim results. The company signed 40 new contracts in H1 and Mr Burnett talks through two of them. He discusses what is driving the momentum in accesso Passport and talks about how the queuing technology product has been evolving. He adds some colour on the two latest acquisitions (Ingresso and TE2) and discusses the broader opportunities for the group.

accesso Technology Group (ACSO.L) provides technology solutions to the leisure, entertainment and cultural markets. Its solutions include payment, ticketing, point of sale (POS) and queue line management.

 

NetScientific

Edison TV | Healthcare | 11/10/2017

NetScientific (NSCI.L) is a healthcare investment company with a focused portfolio of potentially disruptive biomedical and healthcare technology investments. The current focus is on digital health, diagnostics and therapeutics with the portfolio consisting of four core investments in which it has controlling stakes (Vortex, Wanda, ProAxsis and Glycotest) and one material investment (PDS). The aim is to bring these to commercialisation over the next two years, with the ultimate goal of an exit, realising value for investors.

 

Britvic

Edison TV | Beverages | 10/10/2017

Britvic (BVIC.L) is a leading soft drinks company, with operations in Great Britain, Ireland, France and Brazil. It has a strong portfolio of its own brands, including Robinsons, Tango, J2O, drench, MiWadi, Ballygowan, Teisseire, Fruité, Maguary and DaFruta. In addition, in Great Britain and Ireland, the company produces and sells a number of PepsiCo's famous soft drinks brands under exclusive agreements with PepsiCo. The company has a fourfold strategy: to generate profitable growth in its core markets; to exploit global opportunities in kids, family and adult categories; to continue to step change its business capability; and to build trust and respect in its communities. Soft drinks is a resilient consumer category. The company is managing cost inflation while continuing to innovate and investing in future growth.

 

easyJet

Edison TV | Travel & Leisure | 11/10/2017

easyJet (EZJ.L) focuses on developing strong positions in Europe's leading airports – flying between airports that people want to travel to with optimised frequency. Its principal competitors at these leading airports are the legacy airlines and charter carriers, rather than other low-cost carriers that operate in secondary and tertiary markets. The company is delivering its strategy through six pillars: building strong number one and two network positions; maintaining a lean cost advantage; customer and operational excellence; growing revenue; leveraging data and digital platforms; and hiring and developing the best people. In challenging markets, its strategy of building on its competitive advantages – its network and market positions, efficient low-cost model, well-known brand and strong balance sheet – should position it to deliver sustainable and disciplined growth and returns for shareholders.

 

APQ Global

Edison TV | Financials | 10/10/2017

APQ Global (APQ.L) is an emerging markets company with a focus on Asia, Latin America, emerging Europe, the Middle East, and Africa. It aims to deliver a sustainable and growing dividend as well as capital growth for shareholders by focusing on investment opportunities with the potential to generate significant income and long-term growth. It is a relatively new company, listing on The International Stock Exchange (TISE) in Guernsey in August 2016 and raising c £78m in new capital, and it was admitted to trading on the London Stock Exchange AIM Market two weeks later. In September 2017 the company raised an additional c £20m in 3.5% CULS. The management team is highly experienced in emerging markets and CEO, Bart Turtelboom is a c 28% shareholder. APQ is targeting a 6% return on the 100p issue price in respect of FY17 and has paid H117 dividends of 3p per share. The unaudited book value per share at the end of August 2017 was 96.49p per share.

 

GB Group

Edison TV | Software & Services | 03/10/2017

GBG (GBG.L) is a global specialist in identity data intelligence. Its products and services help organisations in both the public and private sectors make better decisions about their customers and employees. Among other things, its services are used to improve the quality of customer data and the on-boarding process, as well as helping organisations protect themselves against the large and growing problem of identity fraud. It is one of the largest providers in the industry, able to verify c 4.4 billion consumers globally, with know your customer (KYC) and anti-money laundering (AML) standards reached in over 40 markets. Its products and services are sold to over 15,000 customers across c 70 markets. Headquartered in Chester in the UK, GBG has over 750 staff, operating out of 17 countries spanning the UK, EMEA, Asia Pacific and the US.

In this interview, CEO Chris Clark gives an overview of how, by using the broadest reach of datasets internationally and with four pillars of identity verification, it can verify c 4.4bn of the world's population, enabling companies to have a better understanding of their customers and ensuring that employees are who they say they are. He then outlines what he considers the group's core strengths: its geographically broad and deep data access, market-leading products and technology, and highly engaged team, while at the same time recognising that there is scope to enhance its customer relations.

Against a market backdrop of increased web usage, globalisation and rising compliance standards, CFO Dave Wilson discusses the three key areas of the group's strategy, which includes investment to sustain organic growth, accelerating the growth of acquired companies by leveraging existing channels to market and bolt-on acquisitions. Dave also summarises why GBG represents a good investment opportunity; the fact that it is well positioned with strong barriers to entry in an early-stage growth market, is delivering strong organic growth which can be complemented through acquisitions, and has good revenue visibility and strong EBITDA to cash conversion.

 

Learning Technologies Group

Edison TV | Technology | 22/09/2017

Jonathan Satchell, CEO of Learning Technologies Group (LTG.L), gives an update on the recent H1 results, which saw revenues surge by 68% including 33% organic growth. This organic growth included the one-off impact of the major CSL contract and a small FX tailwind, implying underlying organic revenue growth of 18-19%. Jonathan discusses how the CSL contract is progressing and how the NetDimensions acquisition is bedding in. He gives some colour on recent contract wins and outlines the group's new "co-ordinated selling" strategy. Finally, he gives an update on the group's acquisition strategy.

LTG is an integrated learning technology and services business focused on the corporate training market. Traditionally, it was a services business, building e-learning content solutions for enterprises, both in the private and public sectors. In recent years, LTG has acquired a specialist in the financial services sector, Eukleia, and a gamification specialist, Preloaded, to its services portfolio. Additionally, LTG has developed and acquired its own suite of specialist learning technology software solutions, including gomo (an authoring tool), Rustici (which enables interoperability across different technology standards) and NetDimensions (an enterprise LMS).

 

Securities Trust of Scotland

Edison TV | Investment Trusts | 18/09/2017

Securities Trust of Scotland (STS.L) was launched in 2005. It aims to provide rising income and long-term capital growth through a portfolio of global equities. Following the adoption of an unconstrained mandate, from 1 June 2016 the trust measures its performance versus the rolling three-year median return of open- and closed-ended peers, as well as an absolute target to produce real growth in revenue and cum-income NAV on a rolling five-year basis.

In this webcast, portfolio manager Mark Whitehead explains STS's investment objective and comments on the trust's performance since he became lead manager in May 2016. He then highlights STS's dividend policy and the enhancements he has made to the investment process. Whitehead follows on by highlighting which sectors and geographies are providing the most attractive investment opportunities and explains the change in benchmark since STS moved to an unconstrained mandate.

 

CentralNic Group

Edison TV | Software & Services | 14/09/2017

CentralNic (CNIC.L) is one of the world's leading domain registry service providers. It offers registry services, distribution, and strategic consultancy for new TLDs (top-level domains), ccTLDs (country code top-level domains) and SLDs (second-level domains). It reports across three divisions: the Wholesale division (19% FY16 EBITDA) enables new TLD and ccTLD rights holders to supply their domains to an integrated network of around 1,500 retailers and through them over 100,000 resellers, including billing and cash collection services. The Retail division (38% FY16 EBITDA) allows different categories of end users across 10 different languages to register domain names and purchase the additional services required to deploy their websites and email. The Enterprise division (43% FY16 EBITDA) enables corporations and domain investors to manage their domain name portfolios. The group listed on AIM in 2013. It is headquartered in London but operates globally with customers in over 200 countries. In FY16, approximately 90% of its revenues were generated outside the UK.

In this interview, CEO Ben Crawford describes the attractive cash conversion and strong operational gearing characteristics of the group's business model. He explains the acquisition strategy, which prioritises companies in emerging markets where internet adoption is currently less widespread. The August acquisition of Slovakia's SK-Nic is the most recent example of this strategy at play. With an exclusive licence to distribute the domain name for the national country code for Slovakia (.sk), it has a leading market share in the Slovakian market and is growing at twice the European average; by investing in the platform and marketing, he believes it will make a strong contribution to future growth while also contributing to the subscription revenue base that the group is building. Ben goes on to presents the highlights of the FY17 interim results, which saw growth across all three divisions, and EBITDA +50% y-o-y, and also discusses the importance of the recent announcement that the group has renegotiated its exclusive contract to distribute the number one TLD xyz.com. Confident that the group will hit full-year consensus estimates, he wraps up summarising that the emerging market exposure and superior growth currently being delivered relative to larger peers, combined with a 25% plus PE discount makes CentralNic an attractive investment opportunity."