A business on the right side of history: Lee and the IC

In this episode, Alex and Lord Lee are joined by the chief executive of a company that some have aptly called ‘a John Lee stock’. Louis Hall, founder and CEO of the software solutions company Cerillion has plenty of skin in the game, a quality Lord Lee holds in high accord and has led him to successful investments.Listen to the episode to hear the trio discuss the business’s backstory, the benefit of investing in research and development, understanding a complex company as a private investor and much more.Lee and the IC will return later in the summer. Timestamps 1:13 Introduction to Cerillion 6:37 Resource centres 9:51 Experience of public markets 13:27 How John got involved 17:57 Forecasts for the business 20:19 John’s approach to understanding the business22:07 Investing in R&D26:21 Having cash on the balance sheet 29:12 The importance of naming customers 30:32 Where Louis rates his business on 1-1031:58 Concentration of the customer base35:07 Louis’s future with the company37:36 John’s portfolio 40:13 John’s take on the current UK stock market 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 investorschronicle.co.uk/podcasttrial*After your 12-week trial you will pay just £56.25 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.