Sep 18, 2026 · 21 min
Paul Scott returns after a ten-day illness
Paul’s Podcast - Fri 18 Sept 2026
The episode is primarily a personal reset, framing Scott’s independent investing commentary through his recovery and life in Gozo.
- 1Paul Scott describes recovering from a middle-ear infection after roughly ten days of illness and a hospital visit.
- 2He discusses a conversation with Mario, his Airbnb landlord in Gozo, before setting the episode’s context.
- 3Scott reiterates that his investing commentary is independent and non-advisory rather than personalized financial advice.
Don't miss
Scott’s opening account of recovering from a middle-ear infection and visiting hospital is the episode’s defining moment.
The brief
Paul Scott opens with a personal update, saying he feels more cheerful after roughly ten days of illness involving a middle-ear infection and a hospital visit.
The conversation briefly turns to Mario, Scott’s Airbnb landlord in Gozo, adding a slice of everyday life before the investing discussion begins.
Scott then establishes the episode’s frame: his investing commentary is independent and non-advisory, rather than personalized financial guidance.
What was said on this episode
14 statements · 8 positive · 6 negative
Aeorema appears cheap, cash-rich, and currently performing well.
“it's a share I have followed before. Quite a few of my friends have big stakes in this one. It's, um, interesting little, very small nano-cap marketing company, uh, always seems to be in turnaround mode, but apparently it is actually now performing quite well and it's very cheap and it has, uh, net cash as well.”
Listen at 1:39
Dianomi’s takeover offer is a favorable outcome for shareholders.
“I would recommend a takeover bid at 64p plus a possible contingent payment”
Listen at 3:29
Mothercare shares are likely to become worthless.
“the shares are going to be a zero”
Listen at 4:48
Hedlum shareholders should treat the investment as worthless.
“I would just treat Hedlum as a zero, and if you do get, um, if you do get anything back, you'll have done well.”
Listen at 6:34
Investors should not keep investing in companies nearing collapse.
“if you keep throwing money at these types of things, these on the brink of collapse type situations, it's just the worst strategy you can imagine.”
Listen at 7:43
Peel will probably succeed in acquiring Harworth.
“Peel have got their teeth stuck into this and are probably going to succeed, if I had to guess.”
Listen at 9:04
Peel’s offer for Harworth is fair.
“I think it's a fair offer from, uh, from Peel.”
Listen at 9:41
Harworth shareholders should sell half and accept Peel’s offer.
“if I held the shares, which I don't, and obviously never ever advice— it's your money, so you have to make these decisions— um, I think I'd probably, um, sell half in the market and accept the offer.”
Listen at 9:45
Harworth shares may fall 20–30% if Peel withdraws.
“The shares are probably going to drop 20-30%.”
Listen at 10:02
Defence Holdings’ government contract may be promotional rather than substantive.
“It really does. And we haven't got the information to assess it. Um, is it real or just a ramp? I asked here. Could be either, I put diplomatically in our written report. But I have to say, my antennae are twitching and saying could well be a ramp.”
Listen at 15:41
Investors should avoid Defence Holdings.
“I wouldn't touch it with a barge pole. That's ALRT Defence Holdings.”
Listen at 16:04
Eagle Eye is an attractive investment opportunity.
“I think this is quite an exciting share.”
Listen at 19:02
Eagle Eye has strong ARR growth and is a global leader in personalized promotions.
“we both think Eagle Eye, it's not cheap on conventional metrics, but you've got very, very good ARR growth. And I think it is a global leader in what it does”
Listen at 19:36
Eagle Eye is a global leader in personalized supermarket promotions.
“I think it is a global leader in what it does, the personalized customer, personalized promotions for supermarkets.”
Listen at 19:44
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.
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