Yet Another Value Podcast
Yet Another Value Podcast
Andrew Walker
1 Main Capital's Yaron Naymark returns to share update on International Workplace Group $IWG.L
1 hour 3 minutes Posted Jun 10, 2024 at 3:44 pm.
] Introduction + Episode sponsor: Fundamental Edge
] Quick $IWG.L pitch[6:45] CEO recently sells block of shares, putting into perspective CEO's ownership
] $IWG.L inflection ramping of management franchise
] December 2023 investor day
] $IWG.L bear case
] Franchise revenue margins / understanding IWG market
] Discrepancy between informed IWG analysts vs. speaking with building owners / impact from WeWork
] Competitive environment (post-WeWork emerging from bankruptcy)
] Why didn't IWG take out WeWork and why IWG should own WeWork
] What worries Yaron about IWG thesis (if management franchise business hits a wall)
] Enterprise and final thoughts / US Listing / Buybacks and Dividend / Catalysts for 2024-25
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1:03:15
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Show notes
Yaron Naymark, Founder of 1 Main Capital, is back for the fourth time on the podcast to provide an update on his thesis for International Workplace Group plc (LSE: IWG).
For more information about Yaron Naymark and 1 Main Capital, please visit: https://www.1maincapital.com/
Yaron's original YAVP appearance talking $IWG.L: https://www.youtube.com/watch?v=QmVjVOoG6Sc
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