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WINK M Winkworth Plc

175.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
M Winkworth Plc LSE:WINK London Ordinary Share GB00B4TT7L53 ORD 0.5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 175.00 4,500 08:00:14
Bid Price Offer Price High Price Low Price Open Price
170.00 180.00 175.00 172.50 172.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Agents & Mgrs 9.31M 1.95M 0.1511 11.58 22.59M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:10:48 O 2,500 172.00 GBX

M Winkworth (WINK) Latest News

M Winkworth (WINK) Discussions and Chat

M Winkworth Forums and Chat

Date Time Title Posts
17/4/202410:07M WINKWORTH168
13/11/200911:25azazaz-
02/2/200417:59Wink-Wink Franchise Opportunity-
02/2/200401:37Wink-Wink Franchise Opportunity-
01/2/200413:51Wink-Wink Franchise Opportunity-

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M Winkworth (WINK) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:10:50172.002,5004,300.00O
09:43:08174.442,0003,488.80O

M Winkworth (WINK) Top Chat Posts

Top Posts
Posted at 19/4/2024 09:20 by M Winkworth Daily Update
M Winkworth Plc is listed in the Real Estate Agents & Mgrs sector of the London Stock Exchange with ticker WINK. The last closing price for M Winkworth was 175p.
M Winkworth currently has 12,908,792 shares in issue. The market capitalisation of M Winkworth is £22,590,386.
M Winkworth has a price to earnings ratio (PE ratio) of 11.58.
This morning WINK shares opened at 172.50p
Posted at 29/1/2024 08:54 by aleman
More signs the housing market is starting to improve?
Posted at 21/7/2023 19:10 by tmfmayn
M WINKWORTH: Acceptable FY 2022 Shows Ordinary Dividends Up 18% To Lift Yield To 7.6% But ‘Delayed’ Property Sales Prompt FY 2023 Warning And Reduces Possible Payout Cover Towards 1x #WINK

The owner-managers 'prioritise' income as 'challenging' times loom for my favourite estate agency.
Posted at 12/7/2023 10:43 by aleman
Insolvencies in May were up 40% on the previous year so the trend is worsening. The number of houses for sale in areas I follow are up about 200% on 2 years ago and 50% on last year. They're not selling. Unemployment is +182k since the low 9 months ago. They've just raised rates again, which will take a while to sink in and make things worse. I think a deep recession is unavoidable. It could be very deep - even worse than 2008. WINK is slowly expanding and has a strong balance sheet. It will take market share in tough times as some independents fail. But it will be tough.
Posted at 06/11/2022 14:37 by tmfmayn
M WINKWORTH: Yield Approaches 7% Despite Acceptable H1 2022, Quarterly Dividends Lifted 23% And Confidence Towards £2m Profit Forecast #WINK

"The board therefore has good reason to ensure the dividend is sustained during any difficult times."
Posted at 12/10/2022 07:52 by pireric
Trading in the third quarter of the financial year was good, with a sharp increase in sales year-on-year due in part to an overhang of uncompleted transactions from the second quarter, but also as levels of interest remained strong. Lettings showed good growth, held back only by a shortage of available properties, particularly in London.

We have not as yet witnessed a negative impact from the mini-budget on applications and sales and, although higher mortgage rates are likely to put a cap on further price appreciation, we anticipate that an increased supply of properties and persistent strong demand will support transactions for the rest of the current year.

The Directors expect that full year pre-tax profits will be at least in line with the market forecast of GBP2.1m.

Eric
Posted at 07/9/2022 15:19 by km18
Winkworth plc posted Interims for HY2022 this morning, results were in line with expectations and show good progress against 2019 but inevitably look soft compared to extraordinary H1 2021 comparative. Network revenues were down by 24% to £27.7 million, Winkworth revenues were down 18% to £4.28 million. Group PBT was down by 46% to £1.07 million, a dividend of 5.4p was declared during the period. CEO Dominic Agace observed, the “business has developed well since the last year of normalised trading in 2019” and the Group “enters the second half with an overhang of unfulfilled business.” Performance is solid but will clearly dip from bumper FY21 numbers. Valuation is pretty reasonable, the business is very high quality, share price is consolidating early year gains near record highs. The macro outlook looks to be the main risk to the share price, the housing sector is directly in the firing line of higher interest rates. And smaller caps generally perform worse in periods of derisking. Certainly a decent company, but a share worth monitoring for the time being...

...from WealthOracle
Posted at 13/8/2022 15:14 by tmfmayn
M WINKWORTH: Outstanding FY 2021 Heralds Promising FY 2022 Following 23% Q1 Dividend Lift And Prospect Of Sales Again Exceeding Lettings #WINK

"Operating profit surged 113% to set WINK’s best-ever yearly performance"

Posted at 16/3/2022 17:01 by km18
...from last year...

Company overview:
Winkworth’s original office opened in 1835 and it is the first estate agency to franchise. The company is traditionally linked to the London market which as we stated above is a major factor for good performance. The strategical advantage Winkworth provides is the brand name, which is of great importance to estate agents, especially in a market such as London. WINK provides the agents with platform accessing compliance, marketing, public relations and admin services. The company has adopted a more organic approach towards growth, with no major acquisitions in the past decade.
Let us begin with the red flags we should be looking. First of all, the ending of stamp duty relief – this has been one of the key drivers of the real estate sector. This will inevitably pull back the volumes in the sector in the coming periods. The other big red flag are interest rates – with demand supported by mortgage rates at 1% this topic requires a lot of analysis and is important to be reviewed regularly. Lastly, the stock itself is quite illiquid with spread at around 1050bps.
To balance off the negativity there are plenty of positives. Although prices of RE may fall in the coming periods the sticky nature of rental income could smooth out the overall performance. In the interim report for 2021 the company is presenting a 92% growth in network revenues to £36.4m which is driven by 195% rise in sales and 11% in lettings.  The growth is channelled to PBT level which is 330% above comparable period at £1.98m. Management is aware of the unsustainable boost in profits coming from the favourable environment for purchases. The backlog of transactions will keep the momentum in H2 and there is a trend to move towards country with lockdowns changing the consumer behaviour. London is expected to rebound in the coming periods as international students start returning.

Short analysis:

Cash is at £4.57m, compared to £4.66m at the end of 2020 mainly due to dividends and non-controlling interest
Net debt negative, as cash covers debt levels
CA/CL = 3.08
Cash ratio = 2.16
P/S TTM = 3.78, which is better than the average for the industry
BV ps (2020) = 41.3, growing at 0.076% CAGR
Operating profit is £1.99m, 4.4x the H1 2020 results
Gross profit Margin is 86.7%, compared to 79.7% for H1 2020...

...from WealthOracleAM
Posted at 06/3/2022 12:53 by tmfmayn
M WINKWORTH: Exceptional H1 Sets New £2m Profit High As Record Quarterly Dividend Plus Third Special Payout Underpin ‘Busy’ FY 2022 #WINK

"WINK managed to convert almost 38% of revenue into profit"

Posted at 08/9/2021 16:17 by aleman
Ok that's interesting and good to know. I did say I'd been through numerous areas and not just Manchester. SE London volumes are down about 60% according to this (again allow several weeks from sale to completion) :



A problem at the moment that I would expect would be incomplete chains. You could have 4 or 5 houses in a chain sold but the house at the top sticking so U/O and SSTC in windows could be a little misleading. I am helping a friend hunt for a house at the moment. It's a very strange market. Our old house sold recently for over the ask at exactly double the price we sold it to the selling owner for, after 6 years. However, she broke the chain by taking it back off the market when she found her +100% windfall could not buy her what she thought it would on the next step.
M Winkworth share price data is direct from the London Stock Exchange

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