Updates On Some Portfolio Names

Quick updates on MRL, SRC, BG and TE following recent earnings announcements.

Disclaimer

Value Situations is NOT investment advice and the author is not an investment advisor.

All content on this website and in the newsletter, and all other communication and correspondence from its author, is for informational and educational purposes only and should not in any circumstances, whether express or implied, be considered to be advice of an investment, legal or any other nature.  Please carry out your own research and due diligence.

---

In this edition of the newsletter, I provide my updated thoughts on Model Portfolio names that have reported results over the past two weeks, including Marlowe Plc, SigmaRoc Plc, Bunge Global and Technip Energies.

Before I begin however, there are two points readers should note following the events of recent days.

Firstly, I should say at the outset that the names discussed below were already undervalued before the broad market sell-off that began last Friday. Since the sell-off, they’ve become even cheaper in my view.

Secondly, given I’ve received A LOT of questions from subscribers in the last 24 hours regarding OCI’s announcement yesterday that it is selling its clean ammonia asset in Texas, I believe this merits a separate analysis on its own, which I’ll endeavour to publish later this week.

But for now, let’s move on to the Portfolio names in order of recent results reporting, starting with Marlowe Plc (MRL) …