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IWG are quoted in that article and I've mentioned them a few times along similar lines here - particularly hub and spoke models of operating + Mark Dixon's view of the office not becoming "dead" in its entirety, but "hybrid" working becoming the new normal.
Whilst I am very critical of this BoD's lack of communication and treatment of private investors, I am absolutely convinced that right now is a golden - and long-lasting - opportunity to bring home the bacon.
This situation should be a cash cow or least make it tremendously easier to make significant in-roads into this new model of operating.
Part of me wonders whether this BoD can see the scale of what's going on here and, rather than chucking some soundbites to us private investors and wasting energy on words, see a better option being bringing home the fatty butter instead - could it become the Real McCoy....
https://www.bbc.co.uk/news/business-57893155
^ Extremely interesting Bigsmoke, thanks for sharing
JTD very good point re Steve's presenting - I watched everything available on youtube before investing and he is very awkward. In some instances he struggled to even explain what Loop do. Regrettably I invested on a book basis
I agree Stew and JTD, I suspect they have so sufficiently buttered their crumpets through their flotation cash machine that the BOD's interests are now diametrically opposed with shareholders'
Ok perhaps not tragic: frustrating. Tragic however when you look at the SP history and where it once was. Dreadful leadership.
Tragic.
CHRI55 is alive!
Are "Ian.B"'s 17,000 other posts are rubbish as that - what a life wasted
"expansion on the already huge pipeline"
ha. I repeat:
Growth: "Organic, acquisitive
Well, they have failed on the latter with meetingzone - that's just added tens of millions of good will, but for £70mil(ish) = no acquisitive growth
Organic growth? Well, seemingly couldn't make it work, so they've "pivoted" - welcome to the next big question - can they achieve organic growth in this new, transformational year
Quoting "we have a 100mil pipeline" doesn't really do it - that's vacuous. So is a little "spike" due to Covid19, that's not growth
You'd think the board would want to say something about all of this....."
Oh wait, I'm just a "jittery PI".......
Desperate.
sorry smoke, a bit frustrated, I will chill my beanz
I consider this my most high-risk investment, but in comparison to my crypto days it is relatively stable and I'm comfortable! However, I wouldn't be comfortable with a placement to support another MeetingZone scenario. It's still in its infancy (practically speaking it's just enjoyed another "re-birthing" with this pivot) - plenty a company large and small has gone on an acquisition drive but without the underlying revenue and profit to prop up the gamble. I've compared the silence of this board to Carillion - they'd be doing a full-on-Carillion to start throwing money at acquisitions in this state.
This was shared on ADVFN - https://www.youtube.com/watch?v=1og8CV-zBcc
Go to 17 mins 45 sec - I agree, a particularly bonkers SP here
IGNORE - wrong forum..... if you are interested in MANO, then that is the post for you. Forgive me
This was shared on ADVFN - https://www.youtube.com/watch?v=1og8CV-zBcc
Go to 17 mins 45 sec - I agree, a particularly bonkers SP here
I have continued to top up here over the past few days in particular. That adds to the sizable topping up over the past few months. MANO is a loaded cannon IMHO and I have a huge amount of confidence in Steven Cooklin in particular - it says a lot about a CEO when he is willing to part with a notable chunk of the company he co-founded, to Mithaq, because that was the commercial thing to do in a difficult time. It's not just that though - the level of disclosure and communication here to private investors is quite unparalleled. Respect.