Mitchell Services Limited (MSV) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Mitchell Services full year results presentation. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you'd like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you'd like to withdraw your question, press the star one again. For operator assistance throughout the call, please press star zero. And finally, I would like to advise all participants that this call is being recorded. Thank you. I would now like to welcome Andrew Elf, Chief Executive Officer, to begin the call. Andrew, over to you. Thanks very much and welcome, everybody. Thank you very much for dialing in. Just to let everybody know, I've got Nathan Mitchell, our Chairman, with us today, and Greg Sotala, our Chief Executive Officer. Chief Financial Officer and Company Secretary. Greg and I will run through the presentation and Nathan may jump in with some points as well and then we'll open up for questions at the end and please just direct your question to the relevant person, it would be appreciated. So we'll just start off on page 2, the disclaimer, we'll take that as being read and move straight on to page 4, the market profile. So as you can see there, obviously Nathan Mitchell, Chairman, speaks for the Mitchell holding and Scott Tunbridge, the founder of Decor, speaks for the dream challenge, 7.5% holding and obviously Solpax at 4.6% have been a long-term and supportive shareholder across their journey. Just from a valuation perspective there, the market capitalization, it certainly looks low versus traditional valuation methodologies. We are covered by QValue by Morgans and I'd certainly encourage people...