RGU.L Share Price (RGU)

The trading update has lived up to my expectations.

The sp has drifted lower for some time. Negatives are the last report, when a reduced rate of office openings was signalled and the decision of the founder to reduce his holding, whilst retaining a very sizeable stake. Positives are the increasing maturity of the portfolio, with all that implies for revenues and margins, together with the effects of a decline in the sterling exchange rate. My expectation is that the positives outway the negatives, with the implication that the drift will reverse later this week. Whether my price target of 380p is reached in the coming year remains to be seen.

Ive increased my holding also but still at bug loss, any ideas where this is going, will it breach the 275 mark this year?

yep, have doubled my holding and averaged down accordingly. as a user of regus' services myself (based in one branch and using others worldwide when travelling) i see not only the "here and now" but the huge potential as first mover in many/most markets.... common sense will eventually prevail.

redic low now