Laundromap........IPO

Could be interesting

https://www.nzherald.co.nz/business/...=CE-TA-DND-BUS

Must be money to be made from people’s dirty washing

Didn't Dan have money in that dog that listed December 2014?
I recall people making fun of the fact all blacks had shares in that write off retirement company, the one with the all rollup issues and unsustainable dividend payout stuff.
How wrong that was

http://www.scoop.co.nz/stories/BU141...-in-arvida.htm

We are a bit up market at our place.
We have a washing machine which does the washing for us.

For sure, we were low on water up here in the far north, I went into Kaitaia to do a load of laundry. Wow what a busy place. They had 12 washing machines and I had to wait my turn.

Winner you have the name wrong. It is Laundromap.. Saw a dog washing place in Sydney a few months ago called Laundromutt :-)

Not sure if shareholders or IPO spruikers, but someone will clean up with this one! :eek2:

Sorry.....

CAVEAT! This production is brought to you by CM Partners. Previous blockbusters including Truscreen, Plus SMS and others. Usually wins a few awards at the 'Back Door Listing' film festival and the 'Pump and Dump' screen awards

Expect to see an announcement soon that Laundranats will become compulsary in SOME retirement villages.

Quote:

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Originally Posted by beetills

Expect to see an announcement soon that Laundranats will become compulsary in SOME retirement villages.

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Pretty lucrative business in retirement villages

Can’t remember which company it was but included in the accounts was an amount of $3m+ as Sundry Income .......all due to laundry services

Any financials on this gem, and by gem it'll create some interesting banter arroundhere....

I imagine some burn with this one, alot of moving parts for very little margin