Flagging its profit warning, The Times' Tempus recommends selling shares in IWG, stating that the flexible workspace operator is struggling to catch up with a revolution it noticed too late. "The company has been slow to adopt new technologies and adapt to changing business environments," says Tempus. This, of course, is a subjective claim but one that Tempus would claim is false. The Times questions the need to up investment in its portfolio of offices in the midst of a bidding war for control of the company, cited in the warning.
Flagging its profit warning, The Times' Tempus recommends selling shares in IWG, stating that the flexible workspace operator is struggling to catch up with a revolution it noticed too late. "The company has been slow to adopt new technologies and adapt to changing business environments," says Tempus. The Times questions the need to up investment in its portfolio of offices in the midst of a bidding war for control of the company, cited in the warning.