Marlowe Share Discussion Threads

[pugugly] 04/10/2020 09:37

Thanks for starting thread - based on ADVFN data p/e looks vry much on the high side (imo) but need to dig a lot deeper.

[masurenguy] 04/10/2020 09:18

This company employs a similar business strategy to Premier Technical Services Group (PTSG). They were a very profitable former investment for me that was subsequently bought out for 210p in June last year, generating a capital gain of over 100%. This company has a strong growth potential in a very fragmented market providing they efficiently and effectively manage their M & A strategy.

[masurenguy] 04/10/2020 08:36

Thread reactivated on 6 December 2022




Completely exited during w/c 2/8/21. However, due to recent shareprice falls post November 2022 interims, this is now back on my watchlist and therefore will be updated again in the future.

[daburd] 18/6/2020 08:34

This chart is looking very interesting. After a dramatic fall in March to 318 it made a dramatic move back up to 510 in May and has now retraced and established a floor at 470. Looks like it is forming the right hand handle of the cup now and I expect a move back to 510 and above in the next couple of weeks. Depending on the FY results and update on trading, this could challenge ATH of 570 from Sept 2018.

[daburd] 17/4/2019 15:27

well, that's a nice 16.7% rise in two weeks since my last post. market waking up to results towards end of June.

[daburd] 02/4/2019 11:31

Year end results due June (March year end). Market cap currently 145.6m.

2019 forecast 10.6m adjusted EDITDA, 2020 forecast 14m adjusted EBITDA.

On a 20 multiple share price should be 5.19 now and 6.86 next year. On a 15 multiple 3.89 and 5.14 next year.

I reckon this year may come in at 12m adjusted EBITDA which on a 15 or 20 multiple is an share price of 4.41 or 5.88. Whichever, today's price of 3.57 is significantly undervaluing Marlowe

[tallprawn] 21/11/2018 08:41

Half Year report due in the next 2-3 weeks. Pretty big re-trace from recent highs now... 400p could well be a good entry point here now if it holds.

[firtashia] 17/9/2018 03:49

Does anyone have any thoughts as to whether anything can be gleaned from LSC’s interim results? LSC seems a bit more internationally diversified but there wa a hint of a warning at the end of the report.

[firtashia] 03/7/2018 14:38

Yes, FY19 rev forecasts increased to £97m & FY19 forecast PBT up to £7m. I like buying relatively illiquid stocks when the business is doing well, the share price moves like sh*t off a shovel.

[firtashia] 25/6/2018 08:25

Super update today. Revs beat, earnings beat, and will be a revs beat for FY19 if the last 12 months are anything to go by. I wonder when the market will cotton on?

[tallprawn] 30/11/2017 16:27

Interims are due on 11th Dec. I'm expecting solid results given the increased pressure on fire protection due to the unfortunate events in the summer.Marlowe should have picked up a lot of additional business and have a good pipeline booked also. A run back to 400p+ should be on from here - This is a good entry or top-up point currently imo.

[nuffsaid3] 26/7/2017 11:53

The prints @ 385p today are obviously the booking of the director sale which was announced on the 13th July!

[sogoesit] 13/7/2017 08:24

Looks an interesting company; just taking a look and reading all your informative comments.
Growth by acquisition in designated UK building services sector seems the strategy.
Any views on potential annual revenue growth or too early to get a handle on this?

[leafysuburb] 01/7/2017 06:54

4th of August 04 - What an incredible bargain at 10p. Now there is an understatement and a glowing testimony for two things, one being the principles of long term investing. The other being the benefits of quiet bulletin boards. I have to concede a well done if you have gained with those percentages.

Marlowe have been steadily and cunningly in my view accumulating fire safety businesses and has to be one of the leaders in its field across the country and in terms of publicly listed companies there are not many out.

Given the massive tragedy in London - and I genuinely feel for all those who have lost loved ones or affected in any way, it should serve to focus peoples attentions on Fire safety.

Perhaps not a bad one for a diversified portfolio.

[nfs] 14/12/2016 12:12

Yes VCP doing that very well - in carpets!

[ramridge] 14/12/2016 12:06

The key attraction of investing in Marlowe is Lord Ashcroft who owns 33% of the company and his past form in growing by bolting on complementary businesses. He intends to go on a buy-and-build strategy similar to what he did with ADT some years back.
Since January of this year, Marlowe has made no less than 6 acquisitions! All bought on low multiples.
For me, I am investing in the Ashcroft/ Dacre duo to grow this company through acquisitions, because they have form in having done this previously and very successfully.
Accounts relating to periods before Jan 2016 are somewhat irrelevant.
All IMO and please DYOR

[firtashia] 13/12/2016 15:41

Thanks nfs

[nfs] 13/12/2016 15:38

So P/E ratio steep!

[nfs] 13/12/2016 15:38

It was at the bottom of their company analysis section. Comments were short but raising 10m for more deals and investors were happy to finance this,share price up 70% in recent months

[nfs] 13/12/2016 11:05

New to this company as it was mentioned in the TImes today. Does anyone have a forecast for the full year?

[firtashia] 27/9/2016 08:26

Nice to see more significant director dealings today- wish I could buy in at the placing price as opposed to paying top whack. But never mind, there's only one reason that they're buying.......