Good morning!

CEO Interview - Best Of The Best (LON:BOTB)

(at the time of writing, I hold a long position in this share)

It's been nearly 3 years since I last interviewed William Hindmarch, CEO of BOTB - a small AIM-listed company which operates weekly supercar & luxury goods competitions. The company has transitioned from operating in airports, to online. There is only 1 airport location left, Birmingham. This has partially obscured the growth from online.

My feeling is that the company has the potential to become more highly valued, if the growth rate can be stepped up. It has been paying generous divis in the last few years, including specials.

As usual, I like to crowd-source the questions for my interviews, from you. Therefore, if you have a question that you would like me to ask William, please leave a comment on today's report here, below.

Wey Education (LON:WEY)

Share price: 15.0p (before market open today)
No. shares: 130.7m
Market cap: £19.6m

(I no longer hold any position in this share)

Trading update

This is an educational business, operating online home schooling services.

Setting up the proposed JV in China is taking longer than expected.

The delay is not expected to have any material effect on revenues or profits for the current year given the internal budgets for the anticipated build-up of the operations this year.

The current year ends on 31 Aug 2019.

Current trading - the main business seem to be going well;

The Company is pleased to report that at this early stage of the new financial year all business divisions are reporting an encouraging start. The Company has previously stated that in addition to its international operations, its priority for the current year is to drive growth in its traditional online school and B2B division.

It is pleased to note at this stage of the year, those divisions are reporting sales activity materially ahead of the equivalent position at this time last year.

Broker update - the house broker has put out a short note today, saying that it will not be making any changes to existing forecasts.

My opinion - the 2019 forecast looks very aggressive - with revenues more than doubling, and…

Unlock the rest of this article with a 14 day trial

or Unlock with your email

Already have an account?
Login here