Paul T. Pitches UK-Based IT Company Kinovo PLC (BILBF) (KINO.L) [8/23/2023 Clip Rewind]

In his appearance on an August 23, 2023 Investor Insights Skull Session, Paul T. introduces to Maj a company named $BILBF (KINO.L), a UK-based business with a market capitalization of around £26-28 million and an enterprise value of about £32 million. The company specializes in IT services and installations related to buildings, such as sprinklers, heating boilers, solar panels, and electrical vehicle chargers.

Paul discusses the company's recent history of poor capital allocation, which led to financial difficulties and near bankruptcy. The business was subsequently restructured, and a new CEO took charge. Paul is optimistic about the CEO's approach to capital allocation, emphasizing that he focuses on profitability and valuations rather than just pursuing revenue growth. Paul believes that the company has growth potential through both organic growth and mergers and acquisitions. He praises the CEO's approach to realigning projects for higher returns.