Regus Share Discussion Threads

[marknicho] 11/3/2013 16:43

Thought I heard loud bang - must've been this pushing through its previous high :-)

[qs9] 07/3/2013 22:34

Looking very good IMO. Am in for the ride as should IMO continue to chuck off lots of cash...

[lupins2] 07/3/2013 19:12

Looks as if it could be the love-child of AHT to me, we will see in 3 years as it grows up!!

[marknicho] 07/3/2013 17:22

A decent bounce back through 150p on volume again today. I have the previous closing high at 153.75p in April 2007.

[marknicho] 06/3/2013 13:04

A small bit in today's Times - measured about 1.5 inches square.

[marknicho] 06/3/2013 11:52

Azure - yes, yesterdays rise I think put it as the biggest on the market so it might raise its profile though hopefully it can stay under the radar for a while longer.

[marknicho] 06/3/2013 10:36

Ah henry you old salt - nice one :) Yes, held from the 100p breakout and looking to pick up some more.

[pre] 06/3/2013 08:09

was shown at £1.60 auction yesterday pm from memory (if i'm correct?)....plenty of upside from here....nice quiet thread...i'm expecting some significant rerating and broker updates here..

[henryatkin] 05/3/2013 17:35

Hi Mark, I didn't know you held these as well. Nice when a £1300m Mcap stock rises 15% in one day and there is no response on the thread. It shows its unlikely to be short term rampers doing the buying (I hope).

[azure8269] 05/3/2013 17:32

Yes agreed markn, thought I was the only holder on here. 15.68% share price rise may lift it above the radar, particularly as institutions take a day or two to review results. Although new and not yet contibuting, what a good idea the business units at service stations etc., are now mobile communications are exploding through BYOD. No stamp duty either!

[marknicho] 05/3/2013 16:17

A great day for what is clearly an under the radar share judging by the lack of activity here lol.

[northernlass] 20/10/2012 19:22

RBC Outperform Rating Reaffirmed

RBC CAPITAL GIVES OUTPERFORM RATING TO REGUS (RGU)

RBC Capital Markets reaffirmed their Outperform rating on shares of Regus (LON: RGU) in a report issued on Thursday. They currently have a 130p target price on the stock.

Regus has been the subject of a number of other recent research reports. Analysts at Oriel Securities Ltd reiterated a BUY rating on shares of Regus in a research note to investors on Wednesday, September 12th. They now have a 160p price target on the stock. Separately, analysts at Jefferies Group reiterated a BUY rating on shares of Regus in a research note to investors on Wednesday, August 29th. They now have a 130p price target on the stock. Finally, analysts at Investec reiterated a BUY rating on shares of Regus in a research note to investors on Tuesday, August 28th. They now have a 150p price target on the stock.

ABOUT REGUS
Regus is the world's largest provider of flexible workplaces, with products and services ranging from fully equipped offices to professional meeting rooms, business lounges and the world's largest network of video communication studios. Regus enables people to work their way, whether it's from home, on the road or from an office. Customers such as Google, GlaxoSmithKline, and Nokia join hundreds of thousands of growing small and medium businesses that benefit from outsourcing their office and workplace needs to Regus, allowing them to focus on their core activities.

Over 1,000,000 customers a day benefit from Regus facilities spread across a global footprint of 1,300 locations in 550 cities and 97 countries, which allow individuals and companies to work wherever, however and whenever they want to. Regus was founded in Brussels, Belgium in 1989, is headquartered in Luxembourg and listed on the London Stock Exchange. For more information please visit: www.regus.com

Source:



P.S.
Here's some links about SCLP, one of the hottest stocks at the moment:

[uhound] 17/10/2012 10:22

105 broken

[uhound] 02/10/2012 10:26

Some good trades going through recently, so we may see a bit of an uplift.

[uhound] 13/9/2012 14:19

Took a punt @ 98p today.

Results overall positive and good recent news from company.

[northernlass] 28/6/2012 13:40

What The Brokers Say

27 June 2012

Credit Suisse retain their Outperform rating for Regus with a price target of 135.00.

Panmure Gordon reiterates its Buy recommendation with a price target of 140.00

Source:



P.S.

Here's a couple of links about SCLP, one of the hottest stocks at the moment:

[sl1981uk] 23/4/2012 11:17

Anyone in on this taking a hammering today.

[harleymaxwell] 10/11/2011 13:53

quiet thread - maybe a good thing but chart looks strong
aqnyone have any thoughts

[chri5 wright] 19/10/2011 18:23

Prudential been topping up, now have over 16%.

[midasx] 15/9/2011 11:14

Results seem good to me, with positive outlook and recent director buying.Taken small position today for trip back to £1 and above.

Outlook

We are pleased with the good strategic and financial progress that Regus is making at a time of prolonged economic uncertainty. Our strong performance meant that expansion was entirely self funded, with cash at the end of the half higher than at the end of 2010. While we acknowledge the challenging environment, we continue to expect further improvements in revenues and cash from operations, as we continue to invest in growth.

At the same time, management has continued to take firm and decisive action to control costs and rectify problem areas such as the UK which are now returning to normalised margins. The business remains focused on reducing overhead per available workstation, with overheads in the first half of the year being negatively impacted by investment that relates to the accelerated workstation roll-out during the second half.

It is the robustness of Regus' mature centres that enables this substantial ongoing investment in future growth. As we enter the second half of the year, Regus remains well-positioned to capitalise on these opportunities and is on track to deliver a full year performance in line with our expectations.

Mark Dixon

Chief Executive

[bobsidian] 19/8/2011 01:56

Jeffian

Interesting analysis.

And the new disclosure requirement to provide fuller information on the nature and extent of lease obligations may provide insight into what is a major and relatively fixed component of its cost of sales. And it is interesting to note the year-on-year surge in its administrative expenses doubtless arising from a step up in administrative operations to cope with its growth.

And a 1% decline in turnover does equate to a 10% decline in the pre-tax profits of RGU. Level of occupancy looks as though it is an important key performance indicator.

And it is interesting to note how management appear to suggest that cash on hand is fully at the disposal of the company when as you say the vast majority of that cash constitutes refundable deposits. Even the financial statements are reticent about linking one with the other.

It is as you say a "house of cards". I recall just under a decade ago RGU was in all sorts of trouble battling as it was to raise finance to break lease obligations. But then this is the nature of the business of RGU. You either place a degree of trust in lessons learned from the past or you do not.

A tricky company to ascribe a valuation when in times of adversity a major component of its cost of sales can crystallise into a debt obligation. A classic example of off-balance sheet financing.

[jeffian] 18/8/2011 20:27

8p/share eps? Accounts show 0.2p (or 1.9p pre-exceptionals). Of the £194m cash, £163m is tenants deposits and the Balance Sheet shows Net Current Liabilities of -£75m. Most of its 'assets' are actually liabilities (leases) and its profit margin of just over 2% provides a very fine line between profit and loss. It's a House of Cards. It is indeed a ludicrous valuation but at least it now appears to be heading in the right direction!

[cool runnings] 18/8/2011 17:08

Bob, 25p of cash and 8p a share earnings.... Ludicrous valuation

[bobsidian] 18/8/2011 15:21

Unlike other shares RGU did not seem to have any share price recovery after the first sell off, and now seems to be battered again in the current sell off underway.

Wildly oversold.

Hmm.