Open your eyes, page-6

I mentioned on a different thread one of the main reasons for me (luckily) selling out of SPZ a few weeks ago, and that is Regulatory Risk.  For those with some time up their sleeves I refer you to this transcript from Hansard (UK Parliament):
https://hansard.parliament.uk/Commo...540AF83C7D3/DVLAAndPrivateCarParkingCompanies

I firmly believe something will happen from a regulatory perspective re Private Car Park Operators.  I don't know what yet, so it remains a risk rather than a genuine failure of the business model.   It is also probable that SPZ is not the worst offender amongst the more shoddy Car Park Operators, and may actually benefit from the increased regulation.

But until we know what will happen it remains too risky for me.  

And by the way, I am still curious as to how SPZ managed to lose both the ASDA and Matalan contracts, which combined made up perhaps half their revenue.