Regus Share Discussion Threads

[salpara111] 27/8/2010 08:29

Not exactly sparkling and not the bounce I had hoped for.

As I paid 69.75 for my first nibble a week ago, I am inclined to hold for a few days to see what happens although I cant really see where the catalyst is to drive the share price up in the short term.

Have to say that I am now wondering why the big buy backs in the last few weeks.

[midasx] 26/8/2010 16:18

Decisions decisions to top up or not?

[salpara111] 26/8/2010 12:25

I am now just focusing on companies that have a decent international footprint with significant business outside N.America and Europe.

The next couple of decades are going to belong to the new rising economies. There will be little growth in the mature markets.

That is why I took a punt on RGU at 70, my short term target is also 90 so we will see where we go tomorrow.

[jeffian] 26/8/2010 11:07

So-so results from MWB Business Exchange today (though it doesn't have RGU's international spread).

[crosswire] 25/8/2010 16:17

Analyst Consensus 12 Month Target Price

The 10 analysts offering 12 month price targets for Regus PLC (RGU:LSE) have a median target of 123.50, with a high estimate of 150.00 and a low estimate of 110.00. The median estimate represents a 84.19% increase from the last price of 67.05.

[salpara111] 25/8/2010 10:46

My only comfort is that they have been consistently buying shares in 500,000 chunks over the last few weeks.

If you knew that your results were going to drive the share price down I would like to think that you would wait until they were out.

Not long to wait now at any rate.

[ukinvestor220] 25/8/2010 09:42

nice to see they bought half a million shares into treasury yesterday. would they do that if interims were bad ?

still some heavy selling going on tho

[crosswire] 24/8/2010 14:37

Regus Extends Footprint in Canada with New Toronto Centre

Company Growth in North America Tied to Rising Demand for Flexible Workplaces

TORONTO, Aug. 23 /CNW/ -

Regus, the world's leading provider of innovative workplace solutions, has extended its investment in Canada with the opening of a new full service business centre in Toronto as demand for flexible workplaces remains strong. The new centre, located on Yonge Street in the North York section of Toronto, brings the total number of Regus locations in Canada to 29.

Toronto, along with Vancouver, are the two Canadian cities leading a post-recession rebound. Toronto boasts one of the most diversified economies of any city-region in North America. The city ranks in the top five for more than 16 business sectors compared to other North American cities. The city is considered the heart of Canada's economy comprising 11 percent of the country's GDP.

"Toronto, and in particular, North York, presents endless business opportunities," said Barry Weighell, Regus' Vice President of Operations, Canada. "Major multinational corporations have established their Canadian head offices along Yonge Street, including Procter & Gamble, Nestlé and Xerox," added Weighell.

The company also cites a spike in customer enquiries from Canada, with a high concentration in Toronto, as a major factor leading to an additional location in the region.

Regus' new North American Centre at 5700 Yonge Street offers fully furnished and equipped private offices, meeting rooms, video communications services and a business lounge. For clients who need to travel, Regus' Businessworld Membership Program provides access to the company's global network of 1,100 locations worldwide.

"For businesses looking to enter or expand in North America, Toronto is an attractive choice for companies of all sizes," noted Weighell. "Its highly educated workforce, proximity to key U.S. markets and its business-friendly environment puts companies in a position to succeed."

In addition the new Toronto facility, Regus will also be opening up a new Metrotown location in Burnaby next month. These openings are part of an overall North American expansion strategy for Regus. By the end of 2010, the company expects to operate 460 centres throughout North America.

About Regus

Regus, the world's leading global provider of innovative workplace solutions with 1,100 locations in 500 cities and 85 countries, offers products and services ranging from fully equipped offices to professional meeting rooms, business lounges and the world's largest network of video communication studios

[ukinvestor220] 23/8/2010 15:21

Im not feeling good about moving results from wed to the bank holiday friday. Chart is saying it should turn up from here but short term trend is not good.

any opinions ?

[salpara111] 20/8/2010 15:50

Just taken my first nibble here at 70.

I am guessing that unless there is armageddon in the results the downside is limited to about 10p but there is more scope on the upside if they are decent.

[jeffian] 27/7/2010 19:50

Whatever!

8-)

[citytourist] 27/7/2010 17:40

Hi Jeffian

Just passing through, thought I would say hello. Just read you March post..... same old ...same old as you would say :-)

Monacco is just not the same these days too many tourists. You will not be surprised to hear that I am taking another punt at this old favourite. Against your better judgement, I think that you may well see Regus begin to tick up up over the next three months to test the range around the £1.20/£1.35 .... (barring an overall downward move by the maket to below 4800 which could just happen if sovereign debt in the euro zone raises its ugly head again )

Good to see you are still pounding the beat here....

City tourist

[tricky1992000] 07/7/2010 20:55

i know, sold on the basis that their uk operations are not doing well. but this overlooks the other 20+ countries they operate in.

might switch back here after selling mcbride (mcb) for the right price.

[crosswire] 01/7/2010 12:11

Analyst Consensus 12 Month Target Price

The 9 analysts offering 12 month price targets for Regus PLC (RGU:LSE) have a median target of 125.00, with a high estimate of 150.00 and a low estimate of 100.00. The median estimate represents a 78.83% increase from the last price of 69.90.



_____________________________________________________________________

Seriously oversold!!!!!

[inspectre] 02/5/2010 22:23

Well well well. Good to see you are still in form Jeffian. Its a long long time since I read this thread. Please to see its still posing the same challenges........

[crosswire] 25/3/2010 08:57

Don't forget HMV

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Broker Nomura has reiterated its 'buy' stance on HMV ahead of the CD and DVD retailer's trading update on March 26.

It notes that, at six times 2010 earnings, HMV trades at a significant discount to the broader sector.

Nomura thinks that Friday's statement will focus on areas such as the evolution of the mix of products sold by HMV and the future earnings opportunity from the takeover of live music group MAMA.

'We expect improved visibility around the core business and details on potential growth through new initiatives,' Nomura said.

[tricky1992000] 22/3/2010 12:04

a share rise with viagra, underpinned by a cash cash and cashflow.

[topdoc] 17/3/2010 06:49

article in WSJ does not make encouraging reading.time to bail out for short term traders.

[jeffian] 11/3/2010 17:21

As a perennial doomster about RGU - right all the way down to 3p and wrong since - I've always been intrigued as to how they claim to have 'restructured the business model' to escape the problem of having a fixed overhead (the rent, rates, service and insurance charges on the buildings they lease) and a variable income (from sub-letting short-term to tenants who can walk out at the drop of a hat). In the past, they used the Chapter 11 process to escape from their most onerous leases and have had favourable economic conditions since so how, I wondered, would they cope with the recession? Well today's FT carries an article which may give an insight. Unfortunately, I don't subscribe so can't reproduce the whole article but the headline is "Regus uses insolvency tools to cut office rents" and starts "Regus, the largest provider of serviced offices, has demanded a package of rental cuts and concessions from landlords of lossmaking buildings under a plan that could see parts of its business being put into administration."

So much for the 'new paradigm', eh? Looks like the same old same old to me. Given Regus' track record, I find it hard to believe that any landlord would enter into a lease with a subsidiary without a rental guarantee from the main Regus Group. It is possible, of course, that Dixon will pull it off again but I can see two potential flies in the ointment. One is that landlords may call his bluff. The other is that, if he does go ahead and liquidate subsidiaries, whilst that may get him off the hook for the continued obligation to pay rent, it would almost certainly result in massive 'impairment charges' against the Balance Sheet as the fit-out costs of the offices - claimed as an 'asset' when the money is spent - has to be written off.

No doubt many landlords will roll over on the basis that some income is better than none, but if they dont...........

[topdoc] 05/3/2010 16:14

steady rise into results should be good followed by a break above old high