piworld interview: Paul Scott June 2021 update

We catch up with the very engaging Paul Scott who gives us a whistle-stop tour through his portfolio, what he’s been buying, topping up, or selling; plus a brief catch-up on some of the holdings he’s mentioned historically. We start with the unexpected Revolution Bars placing and an interesting commentary on institutional appetite for this, and placings more broadly. 00:53 Paul’s background 01:15 Paul’s performance ytd 02:02 Paul’s view on the market and valuations 03:15 Revolution Bars placing (RBG) 06:29 Sentiment for placings 08:13 What Paul’s been buying, SCS (SCS) 08:45 Smiths News (SNWS) 09:50 Vertu Motors (VTU) 11:04 Somero Enterprises (SOM) 12:01 Joules (JOUL) 12:50 BooHoo (BOO) & ASOS (ASOS) 14:29 Sosandar (SOS) 16:50 Cambridge Cognition (COG) 18:10 Sanderson Design (SDG) 19:58 N Brown (BWNG) 21.34 What Paul’s been selling 24:40 Foxtons (FOXT) 25:40 Best of the Best (BOTB) 28:32 Gear4Music (G4M) 29:35 The outlook for the market About Paul Scott Paul has been a professional small caps investor for nearly 20 years. Previously he was CFO of a ladieswear retailer with 150 shops in the UK & Europe. He has written the well-known “Small Cap Value Report” on Stockopedia since 2013. Paul’s focus on balance sheet strength has proven particularly relevant now. He shares his successes and sometimes failings with his readers very openly. Link to Stockopedia