Anna Beilby worked her way up to CEO of Vp, a company known for renting its fleet of infrastructure equipment. Lord Lee has been a long-time custodian of the company’s shares and in this episode, the trio unpack the history of the business, threats it’s facing, and sectors the company will soon enter.
As always, Alex and John wrap up with an update on Lord Lee’s portfolio, plus his take on defence stocks.
Timestamps
0:59 Introduction
3:57 Lord Lee’s history with the company
5:17 Business model & threats
6:58 Hinkley Point
8:03 Rail demand
11:11 How it fits in Lord Lee’s portfolio
12:37 Questions from Lord Lee
15:33 Current trading outlook
17:49 Impact of tariffs
18:37 Dividend
22:38 2022 sale saga
25:24 Concerns over weak valuations
28:24 Financials
34:39 Changes to Lord Lee’s portfolio
36:24 Defence
Claim your first 12 weeks of Investors' Chronicle Print + Digital for just £12. You will get instant access to our website and app, plus the magazine delivered to your door every week. To start your trial, visit www.investorschronicle.co.uk/podcasttrial
*After your 12-week trial you will pay just £62 every 13 weeks by direct debit. If you’re not entirely satisfied, you can cancel up to 5 business days before your renewal date and only pay the £12 already debited. This offer is for UK subscribers only.
Hosted on Acast. See acast.com/privacy for more information.
