Meeting Christie Group's CEO: Lee and the IC

Christie Group has a lot going for it. Growing in several countries and an employer to around 650 people, the brokerage business is a well-respected name in multiple niche sectors. Last year sales exceeded £70mn, and management reckons operating profits of £10mn are possible. The kicker, following the disposal of several subsidiaries, is that its balance sheet is full of cash.

Lord Lee of Trafford clearly agrees. In more than 80 transactions since 2002, he has amassed a 6 per cent holding across both his personal investment account and the charitable trusts he oversees.

So why is the business valued at just £35mn? We put this question and many more to chief executive Dan Prickett, who has been at the company for 17 years - including the last two and a half in the top role.

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Timestamps

00:00 Intro

00:30 Recap of last episode

01:44 Introducing Dan Prickett

02:21 What is Christie's

05:10 John's history with the business

09:37 Institutional shareholders

12:10 Dan's stake in the business

15:08 Trading statement

23:40 Why is the stock price low?

30:18 Expansion in Europe

35:49 Setting targets

37:08 John's portfolio round up

39:25 PZ Cussons

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