Discover and read the best of Twitter Threads about #1bn
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Q: Is there any precedent for a company pulling a hotly anticipated IPO amid concerns about its valuation? Especially ones in the real estate leasing arbitrage business?
A: Why yes: Regus.
independent.co.uk/news/business/…
A: Why yes: Regus.
independent.co.uk/news/business/…
From the Independent in 99 (no link)
"Mr Dixon - and advisers Merrill Lynch International - appeared to hope the float would value Regus at between nine and ten times its revenue, or roughly #1bn. For a business in a new market, it proved to be an overly optimistic multiple"
"Mr Dixon - and advisers Merrill Lynch International - appeared to hope the float would value Regus at between nine and ten times its revenue, or roughly #1bn. For a business in a new market, it proved to be an overly optimistic multiple"
"Property market analysts point out that Regus has little in the way of assets to back its cash flow as its burgeoning crop of centres are leased, not owned outright."
SOME NIGERIANS HAVE BEEN SCREAMING ABOUT THE EXIT OF FOREIGN BANKS FROM NIGERIA AS A RESULT OF BAD ECONOMY.
THAT'S A HUGE LIE,I WILL EXPLAIN IT IN A VERY SIMPLE WAY. .....
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THAT'S A HUGE LIE,I WILL EXPLAIN IT IN A VERY SIMPLE WAY. .....
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The two bank that exit Nigeria which i will refer to as Bank A and Bank B were never set up for regular banking,when i say regular banking i mean retail banking.They never ran a salary account, they were never set up to afford loan to customers etc.Their sole purpose was to help
Customers who can afford thier services an easy way to transfer funds overseas. Many do not know that since the inception of BVN which has made it easier for financial regulatory bodies to monitor outflow and inflow on every account, Bank A and B has been plotting thier exit.
