The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Amother great rns , debt down etc but will it lift sp?
great rns but imv we will only get a tiny uplift in sp.
In the good old days of the stock market, we used to have regular IPOs, and on occasion, bid speculation. This week there was a bid for the digital arm of IWG (IWG) – most famous for Regus, from CVC. Given that some in the market value IWG north of 320p, the end of week close for the stock at 172p could be regarded as somewhat mean. At the same time, https://www.share-talk.com/traders-cafe-with-zak-mir-a-week-in-small-caps-saturday-12th-november-2022/
I was expecting a rns confirming the sky news report and the fact one has not been produced tells me this is a complex situation that likely involves many players with changing ideas etc. All of which bodes well for the sp - I hope!
A year ago these were 311p
Thunder, there was always talk of MD taking this private and maybe he will pay 1.5 bn for the rest - certainly upside if he shows his hand.
250p by year end?
If they got £1.5b for the digital part, is the rest worth £300m? I would say so, hence if this transaction goes through, these shares are very undervalued at 180p
IWG shares surge on digital arm sell-off report
why the big rise anyone?
Boom, shake shake the room
Good update today but will the sp rally?
The SP has fallen sharply since your prediction of a 10% rise from 150p two weeks ago. Mind you, the CEO has bought heavily this week at 125p so perhaps the bottom has now finally been reached.
The share price has now found a floor.
Easy 10 percentage gain now.
Interesting interview on CNBC this morning with CEO. Bemoaning that investors don't understand the transformation being undertaken in the business!
Given the continuing slide in sp the company must be very vulnerable now.
Price drop today not warranted - takeover or break up a nailed on certainity at this sp imv.
Only 14 offices in Ukraine but none available to Russian troops , infact after this war there might be none that are serviceable!
The merger with the other company today is a clear step on that journey of value creation, with the digital part worthy of a much higher rating - all looking good here, except for the offices in Kiev, if they have any!
i think the founder and ceo still wants total control - hence the policies . providing he delivers value I am OK with that as a shareholder.
Correction... "but would NOT get in right now".
Quite an important word to miss out by mistake!
Lol! I once was a shareholder in this and always thought the option for flexible office space to accommodate flexible working would be the future. I didn't imagine the pandemic would come along and crush their revenue stream, but I think that post-pandemic, a lot of businesses will be questioning why they need three floors of a prestigious city building when they make do with one plus some meeting spaces and overspill options in Regus type facilities.
Having said that, I am now a customer of WeWork... I like their all inclusive approach whereas the Regus space we looked at worked out more expensive once they started adding on the extras. In investment terms, I'm keeping an eye on this but would get in right now. I think they have too hierarchical a management structure which leads to inflexibility on the ground, hence your problem with enforced policies that make no sense.
As a client of Regus, I can say I'd avoid this company like the plague. They have done nothing but put bills up and enforce policies that make no sense to encourage ongoing or new business.
That makes it a sell in my book. Taking profits.