MelloMonday, 11th September 2023, 5pm - 8pm
5.00 pm Keynote interview with Rosemary Banyard
5.30 pm Company presentation by Team Internet
6.10 pm BASH panellist regular, Damian Cannon, reports on his first ever Charity London Landmarks Skyscraper Challenge
6.20 pm Director Hot Seat with Adam Bond, CEO at AFC Energy
6.50 pm BASH panel with Bruce Packard, Kevin Taylor and Richard Crow. Our panel will be BASHing Card Factory (CARD) and FrontierDevelopments (FDEV)
Interview with Rosemary Banyard, VT Downing Unique Opportunities, Fund Manager, Downing LLP
Rosemary Banyard began her career with James Capel & Co where she was a senior investment analyst for 12 years before becoming a fund manager at AIB Govett. She rose to prominence and developed a reputation as one of the leading female fund managers in the UK after she joined Schroders in 1997. For almost 20 years she was known for running the acclaimed Schroder UK Smaller Companies Fund with Andy Brough, and was for many years lead manager of the award-winning Schroder Mid Cap Fund PLC as well as heading up several other segregated UK equity mandates, managing total assets of circa £1 billion.
In 2016 she joined Sanford DeLand to launch and manage the Free Spirit Fund. The Schroder UK Mid Cap trust returned 17%* p.a. while she was manager and in her two and a half years managing money at Sanford DeLand the Free Spirit Fund returned 31%**, placing it in the top decile of the IA UK All Companies sector. She joined Downing in March 2020 to launch the VT Downing Unique Opportunities Fund.
Company Presentation – Team Internet plc
Team Internet (AIM: “TIG”) is a leading global internet solutions company headquartered in London. The company operates in two highly attractive markets: high-growth digital advertising (Online Marketing segment) and domain name management solutions (Online Presence segment). Team Internet has been recognized as one of the top-50 tech industry companies in the FT 1000 list and has also been included in the FTSE AIM UK 50 and AIM 100 indices.
The Online Marketing segment is dedicated to helping online consumers make informed choices through the provision of privacy-safe, easy-to-understand advertorials and review websites. The company uses artificial intelligence-based customer journeys to convert general internet users into high-confidence consumers. Team Internet captures the value it creates for consumers through strategic partnerships with world-leading search and e-commerce partners, generating utility style revenues.”
The Online Presence segment serves as a distribution channel for digital products, particularly domain names, and stands out by providing the broadest inventory of domain extensions through fully automated APIs and fulfilment services. The company offers web hosting companies, leading international brands, and SMBs one-stop-shop access to all their needs. Additionally, operators of country-code and generic domains benefit from access to an unrivalled distribution network. Team Internet generates highly reliable subscription based revenues from its services.
Michael Riedl was appointed Chief Executive Officer of Team Internet in December 2022. With strong financial and operational knowledge from his time as Chief Financial Officer, Michael is positioned well to lead Team Internet to an even brighter future.
Michael was Group CFO of Team Internet Group PLC from 2019 following its acquisition of KeyDrive SA, where he served as Executive Vice President and CFO from 2011, overseeing huge growth for the company.
Prior to joining KeyDrive, Michael held managing positions in private equity and ICT industries (2008-2011), and was Chief Restructuring officer at Group Saint-Paul in Luxembourg (2004-2007).
Michael recently completed the Advanced Management Program at Harvard Business School. He holds two Master’s degrees; a LLM from the Frankfurt School of Finance and Management and Science in Business Administration from European Business School and a Bachelor’s degree in Computer Science from James Madison University, USA. He is also a Chartered Management Accountant.
Michael is married with two children and is based in Luxembourg
William Green joined Team Internet in 2019 as Group Finance Director, before becoming Group Chief Financial Officer in December 2022. William’s most recent role prior to joining Team Internet in 2019 was at Fremantle, part of the RTL Group. Following a ten-year stint with PwC in London and California, William worked for a variety of UK and US listed international groups in the Technology and Media sectors, including Ebiquity, hVIVO, Time Inc, Clear Channel, and Live Nation. William is a Fellow Member of the Institute of Chartered Accountants in England & Wales, having qualified as a Chartered Accountant in 2001.
Director Hot Seat with Adam Bond, CEO at AFC Energy
Adam Bond, CEO at AFC Energy
Adam is currently Chief Executive Officer of AFC Energy plc, the UK listed developer of hydrogen fuel cell technology, commercialising its fuel cell into the rapid, off grid Electric Vehicle charging and distributed / off grid / remote power markets. Adam has been CEO since December 2014 and had been a Non Executive Director of AFC Energy since 2012. Adam is presently based in London.
Prior to joining AFC Energy, Adam held the position of President – Clean Energy where he led Linc Energy’s global division responsible for the commercialisation and deployment of the company’s proprietary UCG and clean energy (including GTL) technologies. Adam also held the position of President of European Operations at Linc Energy, also based in London. Adam’s remit covered Linc Energy’s operations throughout the UK, Europe, Russia and the CIS.
Adam has a wide experience in the provison of commercial, legal, financial and strategic advisory services to the international energy and utilities sector. Adam has advised on a range of complex infrastructure projects in the conventional energy, water, renewable energy and waste sectors in particular. Adam’s experience ranges from the provision of policy advice to Government in the areas of market design and regulation, through to complex project structuring, taxation, M&A, corporate strategy, project finance and infrastructure procurement.
Damian updates us on his first ever Charity London Landmarks Skyscraper Challenge
Damian came on the show in June to talk about his fundraising effort for the first ever London Landmarks Skyscraper Challenge.
This involved him running up 84 flights of stairs in The Cheesegrater, ending up over 600ft above the street, before then taking a 130m zipwire across London’s skyline to The Gherkin.
No easy feat for anyone especially with the event taking place just this Saturday on the hottest day of the year.
He’s now back to tell us all how it went…
The Mello BASH (Buy, Avoid, Sell & Hold)
Kevin Taylor Private Investor
Kevin is a full-time professional Investor and a part-time business consultant. He began his City career in 1993, training as an actuary with a focus on defined benefit pension schemes. In 1997 he moved over to Investment Banking, joining a structured finance team that developed bespoke financial solutions, and provided debt finance, for large corporates. Kevin has always been a keen small cap investor looking after his family’s portfolios and trading on both the long and the short side of markets. He is one of the more sceptical panel members and likes to see proof that demonstrates management’s claims before investing in a management team.
Bruce Packard Private Investor
Bruce has a degree in Theology from Durham University and passed all 3 CFA exams. He now writes a weekly commentary for Sharepad / Sharescope and invests his own money. In his spare time, he owns a craft beer bar in Berlin (Kaschk), plays beach volleyball.
Bruce covered UK banks as a sell side research analyst from 2000-2013 working for various investment banks and stockbrokers (eg Credit Suisse, Société Générale, Seymour Pierce) before that management consultancy. Some of his published UK bank research is available here https://brucepackard.com/research
Richard Crow Private Investor
Also known as @RebelHQ (Cockney Rebel) After starting life as a milkman and ending up paralysed after a motorbike accident @ 19 years old, Richard started investing in 1982. Mainly punting penny shares and buying unit trusts all went quite well until the 1987 Black Monday Crash where he lost a third of his investments. Undeterred he returned to investing several years later and had good success in the tech boom, selling out early before most of the tech rout. Thereafter, he started investing and trading, mainly in small caps finding many multi-baggers and much greater success. He now runs a very restricted private chatroom 270 or so members where members discuss the stock news of the day and stock merits and opinions, together with chat and banter re life, gardening, photography and more.
Hardman & Co is a multi-disciplinary financial consultancy and investment research firm, employing highly experienced analysts and professionals with a broad range of capital markets expertise.
Click here for Hardman & Co research.
Progressive introduces you to new investment ideas. FCA authorised and regulated, we provide freely available equity research and connect investors with companies across every sector of the market.
Click here to receive our research and be invited to our regular investor events.