Tricky one to call.13 Dec 2012 12:36
Tricky one to call.. The core business model is good. Business needs a global presence and they need flexibility. Regus is well positioned in this sense. When you consider that 80% of Regus´s income is from developed markets, that mean that there is huge potential for growth. Thye have a good Emerging markets place. Take their recent expansion into Saudi and the UAE. http://bit.ly/Z2tHCI. ..Though with PE ratio of 24.5% this is priced in. If this share falls towards the 80p range then I´ll definitely be in.