Jun 12, 2026 · 34 min
Paul Scott marks 58th birthday in brief podcast opening
Paul's Podcast - Fri 12 June 2026
The episode is a short personal opening whose main significance is its candid glimpse of the presenter before the programme turns elsewhere.
- 1Paul Scott opens the June 12, 2026 episode after briefly addressing an audio problem.
- 2He marks his 58th birthday and plans cocktails with his visiting niece.
- 3The opening establishes a personal, informal tone rather than presenting a developed investment argument.
Don't miss
Paul Scott reveals that the recording falls on his 58th birthday and describes celebrating with his visiting niece.
The brief
Paul Scott opens the Friday, June 12, 2026 episode by addressing a brief audio problem before welcoming listeners.
The presenter says it is his 58th birthday, shifting the opening from routine podcast housekeeping to a personal milestone.
Scott shares plans to celebrate with cocktails alongside his visiting niece, giving the episode an informal, family-centred opening.
What was said on this episode
40 statements · 13 positive · 25 negative · 2 neutral
SpaceX shares will open at a substantial premium to their IPO price.
“it looks like it's going to go to a thumping premium, I would say, on the open”
Listen at 4:50
TruFin shareholders will receive roughly two-thirds of their investment through capital returns.
“shareholders are going to get about two-thirds of their money back there”
Listen at 5:46
TruFin’s remaining businesses have very little market value after selling Playstack.
“the existing businesses are valued at very little”
Listen at 5:58
Alternative Income REIT’s improved offer is approximately fair relative to NAV.
“I think it's near enough to NAV to look fair for a tiny REIT”
Listen at 7:12
Kier Group is probably fairly priced despite its contract win.
“we think it's probably about fairly priced”
Listen at 8:18
Palm oil plantations cause substantial environmental damage.
“these palm oil plantations seem to be doing a colossal amount of damage to the environment”
Listen at 9:36
Boohoo and ASOS are struggling businesses operating in a difficult sector.
“I think these are really struggling businesses in a horrible sector”
Listen at 11:57
Companies generally cannot compete with Chinese direct-to-consumer businesses without trade barriers.
“you can't compete with the Chinese when they get their teeth into a sector”
Listen at 12:08
Boohoo’s approximately £380 million market capitalization is already high enough.
“£380 million market cap is more than enough in my opinion”
Listen at 12:26
Boohoo will not return to multi-billion-pound market capitalizations.
“The glory days of £4, £3, £4, £5 billion market cap, forget it, it's ancient history. It's not going to happen again.”
Listen at 12:30
Boohoo’s turnaround is working, but its valuation leaves limited future upside.
“I think the turnaround is working, but the market cap looks easily high enough, and I don't see that much upside going forward.”
Listen at 12:38
Boohoo offers limited future upside after its turnaround.
“I don't see that much upside going forward”
Listen at 12:43
McBride’s profit warning does not materially damage its long-term investment case.
“I don't think this actually affects the long-term investing case for McBride”
Listen at 15:16
A major McBride price collapse would be a buying opportunity.
“if it absolutely collapses in price, probably buy some more”
Listen at 15:28
Investors should consider buying more McBride if its share price collapses.
“if it absolutely collapses in price, probably buy some more.”
Listen at 15:28
Severfield shares could potentially double during a cyclical recovery.
“a cyclical recovery at some point could see this share— I would say it's got potential to double”
Listen at 16:40
Virgin Wines has failed to become a growth business.
“It just hasn't worked. It's not a growth business.”
Listen at 17:24
Virgin Wines and Naked Wines are unattractive listed subscription wine businesses.
“I don't rate either of the listed subscription wine services”
Listen at 17:27
Virgin Wines should delist and return to private ownership.
“They should just delist, go back to being a private company”
Listen at 18:31
Pennant International may be a potential turnaround investment.
“This, I think, is a potential turnaround for your watchlists.”
Listen at 19:17
Pennant International’s shift toward recurring revenue may succeed.
“I think it might work”
Listen at 19:51
Pennant International’s recurring-revenue pivot could succeed and merits speculative consideration.
“I think it might work. It could be an interesting one to have a punt on this Pennant International”
Listen at 19:51
Raspberry Pi Holdings’ valuation is detached from fundamental reality.
“it's detached from reality in terms of valuation”
Listen at 21:20
Raspberry Pi Holdings cannot currently be valued reliably.
“we can't value it”
Listen at 21:42
Flutter Entertainment is uninvestable because of excessive debt and a weak balance sheet.
“Flutter's uninvestable due to the terrible balance sheet with excessive debt”
Listen at 23:08
Gambling companies cause major social problems.
“they cause massive social problems”
Listen at 23:50
MedPal AI’s share-price rise appears unjustified by its announcement.
“I think this is a bit of a spurious rise”
Listen at 24:52
Oral weight-loss pills will probably increase GLP-1 inhibitor popularity.
“the weight loss pill, I think will probably greatly increase the popularity of the GLP-1 inhibitors”
Listen at 25:30
GLP-1 inhibitors are highly effective and substantially help control his diabetes.
“They're extraordinarily effective. I microdose with them occasionally about once a month and it just keeps a lid on things and it greatly helps my diabetes”
Listen at 25:40
GLP-1 drugs are exceptionally effective treatments.
“these are miracle drugs, I think. I'm a huge fan of them.”
Listen at 25:52
Online GLP-1 pharmacies such as MedPal AI will likely lose money pursuing market share.
“I think they're probably just going to be money pits. Losing money as they try and gain market share.”
Listen at 26:31
MedPal AI and comparable online pharmacies may become money-losing businesses.
“they're probably just going to be money pits”
Listen at 26:32
MedPal AI currently lacks a convincing competitive advantage.
“right now Medpal AI is not convincing at all, and I don't see what its USP is.”
Listen at 27:23
MedPal AI currently lacks a convincing competitive advantage.
“Medpal AI is not convincing at all, and I don't see what its USP is”
Listen at 27:23
Intuitive Investments Group’s reported NAV is unrealistic for its cash-burning Chinese startup.
“The NAV is complete fantasy. $675 million market cap for a startup, a cash-burning startup in China.”
Listen at 28:06
Intuitive Investments Group’s reported NAV is not credible.
“The NAV is complete fantasy”
Listen at 28:06
Intuitive Investments Group is vastly overvalued at approximately $675 million.
“$675 million market cap for a startup, a cash-burning startup in China”
Listen at 28:08
Intuitive Investments Group has an unacceptably low probability of being legitimate.
“the chance of 1 in 32 being real, I wouldn't.”
Listen at 28:47
Intuitive Investments Group has an unacceptably low probability of being legitimate.
“the chance of 1 in 32 being real, I wouldn't”
Listen at 28:47
One Health Group is an attractive long-term company, with buying preferred after a dip.
“I think long-term that is— I don't hold any personally, but I'm waiting for a dip to buy in on One Health Group. I think it's a really interesting company.”
Listen at 33:05
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
Featuring
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