Stockopedia StockSlam - June 2018

Friday, Jun 15 2018 by
36

Last week I had the privilege of hosting the first Stockopedia StockSlam in Central London. The idea for this was born from a conversation that I had with Ed Croft, at the Mello Investor Show in April, where we lamented the lack of opportunity for the retail investor community to meet and share ideas with each other.

The StockSlam is an event where investors pitch share ideas to an audience of like-minded individuals, in a quick fire fashion. Each pitch is only 3 min long, and there are 10-15 pitches in all, so you get a lot of ideas delivered very quickly, and in quite a fun and unique format. Everyone then stays after the pitches and discusses the ideas while drinking beer and eating pizza.

For this first event we kept the numbers intentionally small with a venue large enough for 50 people - which is probably why tickets sold out so quickly! It was an enjoyable evening and I think everyone got a lot out of the event (judging by people's comments) and I'm not just talking about the free food and refreshments (generously provided by Stockopedia, thank you!). No it was the range of interesting new stock ideas and, for me, the new friends that I made during conversations afterwards which really made the night.

5b240cab8407aStockSlam_small.jpg

However, I know that not everyone who wanted to come was able to, so in order to share some of the value from the event with the rest of the community, I thought I'd write up some notes from the stocks that were pitched.

Please note: these are contemporaneous notes from the event and a pretty dodgy transcript courtesy of Ed's audio recording. So if I've misquoted anyone's pitch, I apologise in advance and please contact me so I can update the post!

In order of the pitches delivered (with the first being my pitch to get things rolling):

Clipper Logistics (LON:CLG)

  • Boohoo engaged them to provide warehousing for PrettyLittleThing
  • Been in logistics business for 25 years with an excellent client list (ASOS, Marks & Spencer, etc)
  • Have a successful, growing exposure to online retailing with some unique services
  • One of these is Boomerang which deals with the 25-40% of total online sales which the customer returns
  • Works best when integrated into customer systems which makes their business quite sticky
  • Open book system…

Unlock this article instantly by logging into your account

Don’t have an account? Register for free and we’ll get out your way

Disclaimer:  

As per our Terms of Use, Stockopedia is a financial news & data site, discussion forum and content aggregator. Our site should be used for educational & informational purposes only. We do not provide investment advice, recommendations or views as to whether an investment or strategy is suited to the investment needs of a specific individual. You should make your own decisions and seek independent professional advice before doing so. The author may own shares in any companies discussed, all opinions are his/her own & are general/impersonal. Remember: Shares can go down as well as up. Past performance is not a guide to future performance & investors may not get back the amount invested.


Do you like this Post?
Yes
No
36 thumbs up
0 thumbs down
Share this post with friends



Versarien plc is engaged in offering engineering solutions. The Company operates through three segments: Hard Wear Products, Graphene Products and Thermal Products. The Thermal Products segment develops, manufactures and supplies heat sinks and other products made from porous copper and aluminum. It manufactures thermal management solutions for industry sectors, including telecoms and broadcast, consumer electronics, microscopy, defense and aerospace, automotive transportation, medical thermal management and industrial lighting. The Hard Wear Products segment manufactures tungsten carbide hard wearing parts. It serves oil and gas, metrology, paper and packaging, metal cutting, spraying, tooling, textile and tobacco markets. The Graphene Products segment is engaged in developing applications for graphene based upon the technology for manufacturing graphene. The Graphene Products segment specializes in the supply, characterization and early-stage development of graphene products. more »

LSE Price
120.5p
Change
-7.3%
Mkt Cap (£m)
199.6
P/E (fwd)
151.8
Yield (fwd)
n/a

Beeks Financial Cloud Group PLC is a United Kingdom-based provider of custom computer programming company. The Company is focused on providing niche cloud computing and connectivity services for automated trading in futures and forex financial products. The Company’s platform designed for latency sensitive automated trading environments and provides on demand low latency computing resources to its clients through its direct connectivity. The Company offers server infrastructure and connectivity to its clients which enables same day trading of forex and futures on financial exchanges and trading venues. The Company’s products include dedicated server, VPS, and Co-Location. more »

LSE Price
110.5p
Change
-1.3%
Mkt Cap (£m)
56.8
P/E (fwd)
n/a
Yield (fwd)
n/a

Clipper Logistics plc is engaged in providing value-added logistics solutions and e-fulfilment and returns management services to the retail sector. The Company operates through two segments: Value-added logistics services and Commercial vehicles. The Value-added logistics services segment provide three business activities, which include e-fulfilment and returns management services, non e-fulfilment logistics and central logistics overheads. The Company's commercial vehicles segment includes sales, servicing and repairs. Its e-fulfilment and returns management services include the receipt, warehousing, stock management, picking, packing and dispatch of products on behalf of customers to support their online trading activities, as well as a range of ancillary support services including returns management, branded as Boomerang. It also undertakes retail support services, including processing, storage and distribution of products. It also provides consumer electronic repair services. more »

LSE Price
283p
Change
-0.7%
Mkt Cap (£m)
289.4
P/E (fwd)
15.3
Yield (fwd)
3.7



  Is LON:VRS fundamentally strong or weak? Find out More »


15 Comments on this Article show/hide all

rhomboid1 15th Jun 1 of 15
2

Thx Damian ..they’re all interesting & I appreciate the write up

| Link | Share
Andrew L 15th Jun 2 of 15
2

Great writeup thanks Damien. I note you got the good points and the bad points that people highlighted for the stocks. This is great as I am not a fan of just highlighting the positives. Every stock has lots of things that could go well and usually some positives. I think drawing an overall balanced view is much better and has more credibility. Will be interesting to see how these stocks perform. I guess the only thing that might be adde is the share price on the day they were pitched. Just so people have a reference point. However, I can see that this might create a bit of pressure for the pitchers and could give the impression that these are recommendations. I don't see them like that. They are really just ideas for possible further research.

| Link | Share | 1 reply
mmarkkj777 15th Jun 3 of 15

hmmm, I think I will try and attend a future one. Not London based though, so a little tricksy but do-able.

| Link | Share
Damian Cannon 16th Jun 4 of 15
2

In reply to post #375189

Thanks ratioinvestor. We asked the presenters to cover both the positive and negative aspects of their choice for exactly the reasons that you mention. I think that there would be no harm in putting the share price into the follow-up report (I'll edit this one shortly) but it's probably not necessary for the presentations themselves since they really are a starting point rather than a conclusion!

Damian

Blog: Ambling Randomly
| Link | Share | 3 replies
Edward Croft 16th Jun 5 of 15
3

In reply to post #375269

@damian - I thought it was a great event - both for the ideas but also for the networking. There were a lot of links made between different investors. Great to see people like Ed Shing and Paul Scott connecting in the real world. I counted about 40 there on the night, which was probably about right. It might be worth us trying a larger number and seeing if it still feels intimate.

I actually think the 3 minute format was absolutely spot on. I know some presenters wanted 2 more minutes, but 3 minutes was perfect for keeping the audience attention. Another 2 minutes each would extend the length of the presentations by 66% - and people's minds might wander off. It felt very bang, bang, bang !

| Link | Share | 2 replies
Nursemaid 16th Jun 6 of 15
2

Great post Damian, thanks for sharing for those who could not attend.

| Link | Share
tripuram 17th Jun 7 of 15
3

5b264bbed0468ed.jpg

thanks Damian and Stockopedia for organising the event. It was my first attendance to such meeting and is a great learning experience.Now that I met in person, I can put a face to a name.

Great format and length is absolutely bang on... Eagerly looking forward for future events and happy to volunteer for any activities.

BTW - is it possible to share the names of the presenters ? reason being spoke to couple of them but missed their id's. Would be great to connect with them offline.

also posting a snap with Ed and Paul.

5b264bdf52e8epaul.jpg


| Link | Share | 1 reply
Andrew L 17th Jun 8 of 15

How about next time you have to do the StockSlam after 5 beers!

DP Eurasia NV (LON:DPEU) - Perhaps worth pointing out that the forecast P/E for 2019 is now 16.4X.  Looking at it and clearly the slumping Turkish lira is having a big impact.  Probably worth using a rough P/E of 18X for 2019 to factor in disruption from the Turkish election this month etc.

Out of all the stocks I am not sure which I would go for.  Clipper Logistics (LON:CLG) doesn't look to bad and is a reasonable quality business.  That and DP Eurasia NV (LON:DPEU) might be my picks.  The other stocks could be good but would need some more work to figure out.  DP Eurasia NV (LON:DPEU) I would look to be cautious on though. 

| Link | Share
Damian Cannon 17th Jun 9 of 15

In reply to post #375484

Thanks tripuram. Great photos and I'm glad that you enjoyed the evening. I would have shared the presenters names but apparently we said that we'd keep them private. That said I'm happy to add any presenter name to the article if they let me know that this is ok.

Blog: Ambling Randomly
| Link | Share
clouds 18th Jun 10 of 15

Great idea, thanks for sharing, would be interested in attending in future.

| Link | Share
RadioactiveMan 19th Jun 11 of 15

Hi, I looked into Direct Line Insurance (LON:DLG) after reading this article and liked what I saw so I compared it to Aviva (LON:AV.) which is a very similar company. Direct Line Insurance (LON:DLG) has much higher quality ratios and a better dividend policy which justifies its slightly higher PER but Aviva (LON:AV.) has a -11bn enterprise value. Would an experienced investor be able to help a relative newbie by explaining why I wouldn't go for the dividend paying company with more cash reserves than the market cap?

| Link | Share
Andrew L 13th Jul 12 of 15
1

In case of interest DP Eurasia NV (LON:DPEU) first half trading update out today. On face value it looks reasonable given issues in Turkey. The company remains on track for full year EBITDA profit but this is in Turkish Lira terms. The currency has slumped against sterling over the last year. However, the underlying business appears to be performing well with a strong like-for-like sales result in H1 2018.

| Link | Share
danielbird193 13th Jul 13 of 15

Thanks for the write-up, it sounds like it was a great event. Would love to attend the next one - especially if there's beer and pizza!

| Link | Share | 1 reply
Damian Cannon 13th Jul 14 of 15

In reply to post #381889

Funny that you should say that - the next one is on 26th July: https://www.stockopedia.com/content/stockopedia-stockslam-on-26th-july-2018-381604/

Hope to see you there (beer and pizza included)!

Blog: Ambling Randomly
| Link | Share
Andrew L 13th Jul 15 of 15

Looking more closely at DP Eurasia NV (LON:DPEU) and the reality is that nearly all of its profit comes from Turkey at the moment. If there was a financial implosion in Turkey this would have a significant knock on effect. There are also currency risks given that some of the debt has been denominated in euro terms. The current leader of Turkey seems to be bonkers to me. So my best guess is that Turkey is heading towards a financial/economic crisis in the medium-term.

https://www.chathamhouse.org/expert/comment/turkey-road-severe-economic-crisis

| Link | Share

What's your view on this article? Log In to Comment Now

You can track all @StockoChat comments via Twitter

 Are LON:VRS's fundamentals sound as an investment? Find out More »



About Damian Cannon

Damian Cannon

Ex-rocket scientist, computer programmer, urban cyclist, calmer parenting advocate, high yield investor, yoga apprentice, genealogist and explorer of the outer bounds

Follow



Stock Picking Tutorial Centre



Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis