Boat Rocker Media appears to fit the description of a shitco (even thou I liked the Billie Eilish documentary they made…). However not convinced the level of value destruction priced in the stock is justified.
In the last two years it has invested in strengthening its business, but Water Intelligence operates in a market that is resilient to crises and with great tailwinds in a very fragmented market in which it has many opportunities to grow. On the other hand, its growth strategy by buying back franchises is very predictable and replicable in the international sector. They also have a management team that is aligned with the interests of shareholders and who want to make the value of the company flourish.
I have a thesis in spanish I can share with you if you want but you can take a look here in english
I like this Vistry idea but I haven't ever purchased a London stock. I see it does trade in the pinks as an ADR but little disclosure, nothing since 2020 in SEC filings. So do holders of the ADR get the dividends? How are they taxed for US accounts. BTW are you Canadian? Also how would I get any sort of British public filings on the company?
I am Norwegian, so I’m unfortunately not sure how you can buy it from the US, nor how the tax rules work for you. My Swedish broker allows me to buy it from the CBO Europe CXE (UK). But I know there are plenty of Americans who own this
The biggest issue with IWG is that it's run like crap. They treat customers really badly, the staff even worse, have enormous staff turnover, scripted call centres, have the worst culture, lousy account management. And it all comes from the top - a Dixon dictatorship. The theory sounds great & I'm not saying it won't work - but the industry structure is changing and people don't want Dixon's cheapskate rubbish, or their crude efforts at ripping you off if they are going to use office space.
Boat Rocker Media appears to fit the description of a shitco (even thou I liked the Billie Eilish documentary they made…). However not convinced the level of value destruction priced in the stock is justified.
Nice companys! I think you should take a look at Water Intelligence PLC ($WATR)
Thanks for the suggestion. Haven't looked in detail, but face value this looks like a company with stagnant growth and high portion of variable costs?
In the last two years it has invested in strengthening its business, but Water Intelligence operates in a market that is resilient to crises and with great tailwinds in a very fragmented market in which it has many opportunities to grow. On the other hand, its growth strategy by buying back franchises is very predictable and replicable in the international sector. They also have a management team that is aligned with the interests of shareholders and who want to make the value of the company flourish.
I have a thesis in spanish I can share with you if you want but you can take a look here in english
https://oscar100.substack.com/p/water-intelligence-plc-watr
I like this Vistry idea but I haven't ever purchased a London stock. I see it does trade in the pinks as an ADR but little disclosure, nothing since 2020 in SEC filings. So do holders of the ADR get the dividends? How are they taxed for US accounts. BTW are you Canadian? Also how would I get any sort of British public filings on the company?
I am Norwegian, so I’m unfortunately not sure how you can buy it from the US, nor how the tax rules work for you. My Swedish broker allows me to buy it from the CBO Europe CXE (UK). But I know there are plenty of Americans who own this
The biggest issue with IWG is that it's run like crap. They treat customers really badly, the staff even worse, have enormous staff turnover, scripted call centres, have the worst culture, lousy account management. And it all comes from the top - a Dixon dictatorship. The theory sounds great & I'm not saying it won't work - but the industry structure is changing and people don't want Dixon's cheapskate rubbish, or their crude efforts at ripping you off if they are going to use office space.
Fun to see boat rocker media. I've known about them for about 2 years. Seems like a mess.