International Workplace Group Plc (LSE:IWG) back to work?

#Gold #SP500  Despite Mr Musk leading the initiative to getting everyone back into the office and visibly working under the lash of whip wielding “team leaders” etc, there’s another reality which isn’t being given sufficient credence and it relates to how banks treat assets. It used to be the case where banks would treat ownership of office blocks and towers as solid, safe, assets, the safest gauge by which they’d judge the net worth of clients. Times have changed dramatically since 2020 and now, office blocks and to a lesser degree, retail rental property, are now longer being treated as “money in the bank”.

IWG Plc, known for providing serviced offices under several trading names,  perhaps are hanging the reason for their existence on a shaky hook but their share price has recently, quite exuberantly, broke through the downtrend since 2020, showing some early signs for price recovery. We’re fairly comfortable with an initial scenario which suggests movement next above 202p should bring recovery to an initial 209p. This would make a lot  of visual sense, challenging the highs of 2024.

Our longer term secondary (or later that day!) calculates at 216p but our inclination is not to trust any rise until such time the share price actually closes above 209p.

An event such as this opens the door to significant Big Picture performance, calculating as placing the share price in a region where ongoing traffic to a future 286p works out as very possible, perhaps hinting at offices throughout the world packed full of happy folk returning to cubicles with artificial scent hiding the smell of freedom and a litany of problems logging into servers, thanks to IT departments overwhelmed with the concept of returning to business as usual. Amusingly, a chum already involved in such a scenario, recently moved house and a key component of his new property was the ability to emplace and cool a bank of servers. The last few years proved conclusively he functioned best, when controlling corporate systems from home, rather than the 3rd world portacabins assigned to IT. Of course, it doesn’t hurt that one of Scotlands leading restaurants is literally across the road, making his new house a perfect place for a chat over lunch…

 

If everything intends go wrong, this share price needs close below 166p to justify panic.

.

 

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:24:57PM BRENT 7140.3 Shambles
11:37:12PM GOLD 2892.46 2859 2847 2831 2879 2896 2914 2941 2869 Success
11:12:09PM FTSE 8834.7
11:16:26PM STOX50 5497.8 Success
11:23:22PM GERMANY 23026.4
11:28:55PM US500 5858.9 5812 5777 5706 5874 5956 6008 6073 5908
11:35:13PM DOW 43219 Shambles
11:37:39PM NASDAQ 20464.6
11:40:38PM JAPAN 37319 ‘cess

 

3/03/2025 FTSE Closed at 8871 points. Change of 0.7%. Total value traded through LSE was: £ 7,320,378,637 a change of -49.26%
28/02/2025 FTSE Closed at 8809 points. Change of 0.61%. Total value traded through LSE was: £ 14,426,533,627 a change of 91.89%
27/02/2025 FTSE Closed at 8756 points. Change of 0.29%. Total value traded through LSE was: £ 7,518,268,288 a change of 21.01%
26/02/2025 FTSE Closed at 8731 points. Change of 0.73%. Total value traded through LSE was: £ 6,212,854,759 a change of -4.11%
25/02/2025 FTSE Closed at 8668 points. Change of 0.12%. Total value traded through LSE was: £ 6,478,870,440 a change of 6.36%
24/02/2025 FTSE Closed at 8658 points. Change of -0.01%. Total value traded through LSE was: £ 6,091,356,449 a change of 2.58%
21/02/2025 FTSE Closed at 8659 points. Change of -0.03%. Total value traded through LSE was: £ 5,938,081,458 a change of 0.78%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:ASC Asos** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:CPI Capita** **LSE:HSBA HSBC** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **

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Updated charts published on : Asos, Avacta, Barclays, Capita, HSBC, Lloyds Grp., Natwest, Ocado Plc, Rolls Royce, Standard Chartered,


LSE:ASC Asos Close Mid-Price: 325.4 Percentage Change: -2.63% Day High: 342.4 Day Low: 323

Target met. If Asos experiences continued weakness below 323, it will inv ……..

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LSE:AVCT Avacta Close Mid-Price: 38 Percentage Change: -3.80% Day High: 39.5 Day Low: 37.5

Target met. Continued weakness against AVCT taking the price below 37.5 c ……..

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LSE:BARC Barclays Close Mid-Price: 311.1 Percentage Change: -0.06% Day High: 316 Day Low: 305.65

Target met. In the event of Barclays enjoying further trades beyond 316, ……..

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LSE:CPI Capita. Close Mid-Price: 13.18 Percentage Change: + 0.92% Day High: 13.26 Day Low: 12.8

Weakness on Capita below 12.8 will invariably lead to 11p with secondary ……..

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LSE:HSBA HSBC. Close Mid-Price: 942.5 Percentage Change: + 0.95% Day High: 950.2 Day Low: 929.4

Target met. In the event of HSBC enjoying further trades beyond 950.2, th ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 72.34 Percentage Change: -0.88% Day High: 73.32 Day Low: 71.76

Target met. Continued trades against LLOY with a mid-price ABOVE 73.32 sh ……..

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LSE:NWG Natwest. Close Mid-Price: 480.3 Percentage Change: + 0.31% Day High: 484.3 Day Low: 470.7

All Natwest needs are mid-price trades ABOVE 484.3 to improve acceleratio ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 253.9 Percentage Change: -2.27% Day High: 258.8 Day Low: 242.7

Weakness on Ocado Plc below 242.7 will invariably lead to 230p with secon ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 776.8 Percentage Change: + 4.41% Day High: 798.4 Day Low: 767.4

Target met. In the event of Rolls Royce enjoying further trades beyond 79 ……..

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LSE:STAN Standard Chartered Close Mid-Price: 1268.5 Percentage Change: -0.04% Day High: 1281 Day Low: 1259.5

In the event of Standard Chartered enjoying further trades beyond 1281, t ……..

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*** End of “Updated Today” comments on shares.

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