Judd Arnold, Lake Cornelia Research Management @CorneliaLake, joins the podcast to discuss the MiX Telematics $MIXT and Powerfleet $PWFL merger.

$PWFL / $MIXT Memo: https://drive.google.com/file/d/1eONP4_CF6UPAKXYuZiDedUt2jRimujTa/view

For more information for Lake Cornelia Research Management and Judd Arnold, you can can Follow on Twitter/X @CorneliaLake: https://twitter.com/CorneliaLake

Chapters:

[0:00] Introduction + Episode sponsor: Tegus

[2:53] Overview of $MIXT / $PWFL

[10:18] Why $MIXT / $PWFL merger is so interesting to Judd

[21:21] Pushback on the bull case for the merger

[27:56] Switching costs / AI

[34:22] Open vs. closed systems

[37:38] Management and incentives

[48:44] Management's comments and vision post-deal

[53:58] Thoughtful pushback Judd has received on thesis

[59:20] Merger background

[1:07:26] Why Judd publishes these long notes? Today's episode is sponsored by: Tegus This episode is brought to you by Tegus, the future of investment research. From the beginning, Tegus has been committed to creating efficiencies in the research process by making it easy to access the content that investors need to get to differentiated insights. Today, they’re taking it one step further by bundling qualitative content, quantitative data, and better automation and technology together in the same platform. Instead of piecing together data from fragmented sources, just log in to Tegus to get expert research, company- and industry-specific metrics and KPIs, SEC filings, and more, all under the same license cost. You can even take your work offline with an Excel Add-in that updates almost any model with the latest financial data — keeping all your custom formatting intact. Tegus is the fastest way to learn about a public or private company and the only platform you’ll need for fundamental research. To try it free today, visit Tegus.com/value

Lake Cornelia Research's Judd Arnold describes MiX Telematics $MIXT and Powerfleet $PWFL merger

Yet Another Value Podcast