Snoozebox

[Shnozz]

I see there share price has taken a battering today and they need a huge investment to keep going.

I stayed in the Silverstone one before and thought it was a great little concept. From the prices charged for events like Glastonbury, Fringe Festival etc etc one would expect them to have been nicely profitable, albeit I have no idea on the infrastructure costs particularly the site fees to be allowed to plonk these at various events. No doubt these would be high but surely enough margin at £2k for a "pod" for Glastonbury to make this operate in the black.

As I say, having had the use of one for a Silverstone weekend I thought it a great compromise in terms of not having to sleep in a tent but equally allow me to remain on site. I am not a big camping fan but don't want to have to travel to and from events, particularly when part of the fun is to remain in the event through the evening and night also.

Any investors here or anyone that cares to comment?

And no, not a hope I will be investing looking at the figures.

[ModernAndy]

I think you should invest. You could demand they change the name to 'Shnozzbox'

[sgrimshaw]

The Glastonbury cost of £2k is not typical though. British GP for example is more like £800.

[Altrezia]

We stayed in one and didn't like it - overly expensive for the weekend (was Britcar, so not F1 or whatever), and they'd moved it outside the perimeter at Silverstone so we couldn't see cars on track.