Conor Maguire, Founder and Editor of the Value Situations Newsletter, joins the podcast for his second appearance to share his thesis on Marlowe plc (LSE: MRL), provider of a broad range of compliance software and services in areas which pose a high risk for businesses.
For more information about Conor Maguire and Value Situations Substack: https://valuesits.substack.com/
Chapters:
[0:00] Introduction + Episode sponsor: Stream by Alphasense
[1:41] Overview and investing thesis on Marlowe plc (LSE: MRL
[13:49] $MRL's TIC segment - what is the catalyst here
[18:11] Potential bidders for TIC segment
[25:12] Management incentives
[30:58] Marlowe $MRL.L bear case
[40:58] FCF and $MRL.L moving forward
[47:24] Risk factors / what worries Conor about $MRL.L
[53:09] How does $MRL.L thesis fit Conor's overall investing framework?

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