ONly negative I can find so far22 Mar 2009 23:03
0721 GMT [Dow Jones] UBS upgrades Regus (RGU.LN) to neutral from sell, ahead of the company's FY08 results, due March 20. Says the company scores strongly on its net cash balance sheets, low pension obligations and strong cashflows. Brokerage also raises target price to 48p from 40p and says its cash position will be of more importance than the arguments on lease valuation when FY08 earnings are released. Shares closed at 48p. (ISD)
This was by UBS 9/3/09>
Can anyone elaborate on the so called lease valuation disagreement mentioned by UBS above? Many thanks