image

The best stocks to buy since 1993

Latest issue now available

SIGN UP NOW
Updates

Podpoint - Meeting notes with CEO Erik Fairbairn

March 2023

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • PODP
  • Price:
  • 73.5p
I spoke to CEO Erik Fairbairn shortly after Podpoint’s full year results. As he explained, FY22 was not really a representative of what to expect; there were challenging market conditions driven by a huge shortage of components for its electric vehicle charging points (increasing costs to secure components) but also limiting availability of new electric vehicles in the UK. Because of the tight supply of vehicles, car makers were less inclined to bundle charging points into a new car sale. The market therefore took fright and the shares have been hit hard to 73.5p, at which point it is valued at £113m against current cash of £74m at the year end. But Fairbairn says there’s a huge opportunity to go for. Last year c.23% of all new ve ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

Podpoint - Owned estate capex of £50m in each of the next two years (March 2022)
PodPoint - No stopping EV juggernaut (December 2021)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe

SUBSCRIBE NOW