International Workplace Share Discussion Threads

[3dwd] 22/7/2019 12:00

Ticking up again ... 6th August.. results

[3dwd] 17/7/2019 15:29

I have various valuations ...it's one stock I am confident about...also remember 30% is USA ....margins re franchise re Investec not are wrong ..much higher.. company may get swallowed before we see all this ...but happy at 450 to 500

[fred177] 17/7/2019 14:51

So if they took 2 % that would be great imagine 5% or 10%

The 10 trillion forecast is by 2030 but you can see why the interest in this sector and we work etc valued at 47 billion

[fred177] 17/7/2019 14:46

If they take 1% of a 10 trillion dollar market as forecast by JLL that would be 100 billion bear in mind they are market leaders biggest and best geographical spread

[3dwd] 17/7/2019 14:35

Potentially 700p.... apply Intercontinental franchise model ...

[3dwd] 17/7/2019 06:33

ADDISON, Texas, July 15, 2019 /PRNewswire/ -- Regus, the leading global flexible workspace provider and an International Workplace Group (IWG) company, announced today the launch of its new U.S. franchise program. The company is currently seeking driven, committed franchise partners to capitalize on the significant demand for flexible, contemporary coworking spaces across the United States, specifically targeting California, Florida, Texas, Illinois and the Northeast including, Pennsylvania, New York, Virginia and Washington D.C. for aggressive development. Regus created the flexible workspace concept and has been the industry's global leader since its inception 30 years ago. The brand's keen understanding of the market has enabled Regus to develop its business model through many economic cycles. The proven and scalable operating model can provide franchisees with a highly attractive return on their investment. Franchisees will benefit from IWG's built-in network of 2.5 million customers, including some of the most successful entrepreneurs, individuals and multi-billion-dollar companies, that instantly become available to franchise owners upon opening. "Since 2010, the flexible workspace sector has grown at an average annual rate of 25%, and by 2020, it's estimated that 50% of all workers will be remote most of the time. This dramatic shift in the office space market is creating a demand for more flexible space options and forcing building owners to adapt," said Darin Harris, CEO of IWG, North America. "To meet the growing demand, we are looking to rapidly expand our network through franchising. This is an unprecedented investment opportunity, and our franchise partners will benefit greatly by leveraging our scale and proven business model."An excellent addition to a restaurant/retail/hospitality heavy portfolio, the Regus brand has a strong economic model with low employment costs. The brand has stood the test of time, even through up and down economies, and continued to grow over the years. In addition, Regus provides multiple revenue streams, including monthly membership programs (with an approximately 70% retention rate), commission for selling other locations within the brand's inventory and MyRegus app bookings, among others. The average revenue of the top two-thirds of locations is between $1 and $1.75 million with profitability or earnings before interest, taxes, depreciation and amortization (EBITDA) of $190,000 to $265,000. Regus is not just a smart investment opportunity, it's an opportunity to have a great day at work every day.Although flexible office and other emerging offerings like coworking account for less than 5% of current office inventory today, JLL, a commercial real estate service firm, projects this figure could rise to 30% by 2030 due to insatiable levels of tenant demand for flexible-term spaces. In addition, a recent IWG Economic Study found that flexible working is set to contribute over $10 trillion to the global economy by 2030. While concentrated in gateway cities, urban cores, and knowledge centers around the world, the flexible workspace sector's geographic footprint is beginning to extend to more suburban locations and secondary cities.  Regus is seeking qualified franchisees with the organizational and financial capabilities to open a minimum of five locations no smaller than 10,000 square feet over a two- to three-year period. Franchisees should have a minimum net worth of $1 million and a minimum of $350,000 in liquid assets per location. The initial investment ranges from $650,000 – $1.7 million per location with a $50,000 initial franchise fee. Qualified franchisees should have at least three years of outside sales management experience and two years of community marketing experience with a sales team of at least five people. Franchisees must also be committed to uphold operational and image standards of the Regus brand.Regus will work closely with and assist its franchisees in finding and designing locations. Franchisees will benefit from the customer service Regus is known for, as well as provide access to platforms including marketing, sales and IT. For more information on Regus franchise opportunities, please call 833-IWG-FRAN or visit https://franchise.iwgplc.com/.About RegusRegus is the leading global workspace provider. We have built an unparalleled network of office, coworking and meeting spaces for companies to use in every city in the world. It's a global infrastructure built for businesses to support every opportunity. Our network of workspaces enables businesses to operate anywhere, without the need for set-up costs or capital investment. It provides our customers with immediate cost benefits and the opportunity to fully outsource their office portfolio. Designed to enhance productivity and connect like-minded professionals, it's an instant global community and a place to belong.About International Workplace Group (IWG)IWG believes that business success is underpinned by the effectiveness and happiness of its people, so we made it our mission to help millions of people have a great day at work – every day.  We do this by giving people and businesses access to a world leading commercial real estate platform; drawing on a 30 year track record of delivering the best real estate solutions for businesses; in every country, city, town and transport hub worldwide.  It's a risk-free option, with zero balance sheet impact, and a great solution for people as it's designed with productivity in mind. IWG's real estate solutions are simple to use, with a full suite of business support services to enable people to focus on their core business and enjoy a great day at work. IWG offers an unrivalled choice of workspaces through its operating companies; Regus, Spaces, HQ and Signature by Regus – each designed to serve the unique needs of businesses of every size. 

[ifthecapfits] 16/7/2019 15:06

£5 minimum.

[3dwd] 16/7/2019 14:55

Investec buy today ....500p tgt ... conservative...in my view ..and an article in USA press about the company franchising..

[fred177] 18/6/2019 15:12

Dixon also buying again

[ifthecapfits] 18/6/2019 11:36

Tosca Fund increased on the 4th. Missed that.

[ifthecapfits] 18/6/2019 11:24

:) - here we go. Next leg.

[earwacks] 28/5/2019 17:28

By todays late trades there seems to still be a seller, but some big buys too. Strange spike down to £3.24 this morning. Never quite know what this means. I had stop loss taken out like this a few years back, cost me a few quid. I have noticed this happens quite often with shares. Could be an order to sell just came in, a glitch, or some friendly mm helping themselves to a little extra. Cured me of stop losses, they never work when you really need them. Don't think there are any open shorts at the moment when I looked at the weekend. The chart for this is looking very interesting. Break out due, but not indicating which way, with similar deals to the last one due this year I think its fair to bet on the upside. The article ariane posted with the CO is very encouraging, The company is worth twice current value and if valued at same as US counterpart would be 12 times higher, but thats US markets for you.

[3dwd] 16/5/2019 11:58

I suspect the seller is finished...and 400p is looking possible

[3dwd] 16/5/2019 11:57

I think that's a sensible decision..?

[ifthecapfits] 16/5/2019 10:38

Just taken a modest stake.

[poikka] 05/5/2019 08:33

Good article online BBC about WeWork's valuation and comparison with IWG. Just shows that IWG has to be valued on its prospects alone, and not to compare it to WeWork's frothy valuation.

[3dwd] 01/5/2019 08:13

Trading statement was good... Conference call was excellent.... More deals in pipeline... In my opinion.. Strong buy...

[poikka] 30/4/2019 08:02

Continuing (from the bbc)

"The New York firm said it had filed its registration for the public stock market listing confidentially in December.

The confidential filing allows firms to kickstart the listing process before providing key information about their finances.

"This process will enable WeWork to make the decision to become publicly traded, subject to market and other conditions," it said.

The firm provided no information on how much money it would seek to raise, its valuation or the timing of its offering.

The plan to sell shares comes after Japanese tech giant SoftBank invested $2bn in the company in January, well below the $16bn WeWork was reported to have been seeking."

[poikka] 30/4/2019 07:58

On the same basis, IWG should be priced a lot higher than it is, but then WeWork's "value" is probably out of touch with reality. DotCom or what.

"Shared office provider WeWork has filed paperwork to enable it to list its shares on the US stock market as it seeks further funds for expansion.

The firm offers shared office space and services, allowing clients to shrink or grow their number of desks for the period they need them for.

Founded in the US in 2010, WeWork is already London and New York's largest private office occupier.

But it has yet to make a profit, with losses last year doubling to $1.9bn.
"After a lot of thought, last week we decided to file the first amendment to our submission, which is a step towards allowing us to decide to become a public company," chief executive Adam Neumann wrote in a letter to staff.

The firm's business model is based on short-term revenue agreements and long-term loan liabilities.

Ratings agencies have given it a "junk" or risky credit score because it has borrowed heavily to fund its expansion.

Despite this, the firm - which operates in 600 cities globally - was valued at some $47bn by private investors when it raised fresh funding in January."

[poikka] 26/4/2019 17:10

Well it's certainly rising nicely. Update next week, Q1.

[poikka] 24/4/2019 14:39

Ok, so we'll see if the "whoosh" comes on the 1st May.

[poikka] 17/4/2019 08:05

Well my whizz kid friends, how's things looking in the City. Big seller gone yet, 3dwd? Whoosh expected any moment now, kirk?