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ZPLA Zpg

379.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Zoopla Investors - ZPLA

Zoopla Investors - ZPLA

Share Name Share Symbol Market Stock Type
Zpg ZPLA London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 379.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
379.00 379.00
more quote information »

Top Investor Posts

Top Posts
Posted at 29/12/2016 10:24 by noirua
Has already doubled in price from lows and investors are up with the progress so far. Might still be more to come for upbeat online Zoopla.
Posted at 23/10/2015 07:23 by market sniper1
Foxtons outdone by canny Zoopla
By Harriet Mann | Thu, 22nd October 2015 - 15:04


Foxtons outdone by canny Zoopla
With buyers put off by high house prices and stamp duty charges, the number of property transactions in central London is at historical lows. With a massive footprint in London and Surrey, that's shaken the foundations at estate agent Foxtons (FOXT) during the third quarter. Online estate agent Zoopla (ZPLA), meanwhile, is thriving, thanks in part to its canny acquisition of comparison website uSwitch, which is doing even better than expected.

Triggering polar market reactions, Foxtons shares crashed 7% to 207p on Thursday, a six-month low, as investors uncomfortable with the London exposure shifted their cash elsewhere. Over at Zoopla, traders chased the shares up 6% to 247p, a seven-week high, driven by a pledge that it will meet 2016 expectations. Both sets of shares have traded a similar trend this year, but have been inversely correlated since the start of September (see chart).

Foxtons had expected activity to increase after the general election, and it has. But it still hasn't been good enough in the challenging London residential market. Weak comparatives made it easier to beat last year's performance, too. Property sales commissions rose 12.8% to £18.5 million in the three months ended 30 September, lifting revenue by 8.8% to £43.5 million. Sales from mortgage broking were up nearly half to £2.3 million. New let volumes were lower than expected, as the shift in the lettings market continues to favour renewals. Up 3.3%, residential lettings rose to £22.6 million in the period.

Zoopla hasn't been without its challenges, either, and the property portal will admit it dropped the ball momentarily with the arrival of OnTheMarket.com. But its total agency customers are continuing to return, with 12,701 on the books. The number of new homes customers has reached 2,706, with 737 overseas members. These figures were a touch light, but definitely in the right direction.



"Pleased" with its performance over the last 12 months, Zoopla reckons full-year revenue will rise by a third to £107 million, with adjusted cash profit up by a fifth to £48 million. These upbeat forecasts are underpinned by the firm's decision to diversify its offering with its uSwitch acquisition, which has outperformed expectations, while its portal division was in line.

Foxtons has been broadening its focus, too, expanding into outer London. The ribbon was cut on seven new branches in the period, with the new Croydon site up and running. Although subdued activity has held back the third-quarter, broker Numis reckons Foxtons is poised to benefit from any recovery.

"The London market has continued to operate at c.60% of long run transaction volumes, which has constrained the growth in the business. However, this does mean that significant reversionary potential exists and in our view Foxtons is well placed to take advantage of this given its high stock levels and its continued branch expansion outside of Central London, where market conditions are currently stronger," says analyst Chris Millington.

He's reduced his 2015 cash profit forecasts by 2% to £47 million, and his EPS from 12.2p to 11.9p. He is now confident enough to introduce his first 2016 forecasts, pencilling in £52 million profit and 13.3p EPS.

"Despite this reduction in estimates we think the group is making good progress against a challenging backdrop," said Millington, who still reckons the shares are worth buying. After Numis's downgrades, Foxtons is trading on a price/earnings (PE) multiple of 17 times, with a prospective dividend yield of 5.9%.

Ahead of its full-year results on 2 December, management is "comfortable" it can deliver on market expectations for 2016. Numis expects sales of £172.2 million, pre-tax profit of £65 million and 12.4p EPS. While the broker rates the shares 'add', Investec isn't so sure, suggesting that a forward PE ratio of 20 times looks "pricey".
Posted at 04/6/2015 08:53 by hopperagain
Early EA investing members can buy the same amount of shares again, at last years price £1.76.That'll be 1,136 more at a cost of £2,000 = 47% profit at £2.60 per share, less dealing costs
Posted at 26/1/2015 18:38 by currypasty
on the market went live ?

perhaps investors looked at it and thought no threat to zoopla
Posted at 14/1/2015 07:25 by macminchus
Robert I am only a small investor in the stock market so may not have the same experience. However, I don't understand how the price of houses or the number of transactions affect the share price of Zoopla. Lsl, countrywide, foxtons will benefit from transaction levels whereas Zoopla just get a fixed fee each month depending on how many agents subscribe, not how many houses agents sell. Zoopla is almost finished in our town. Just Lsl who advertising with them. Spoken to their franchisee the other day and they are worried as 7 agents in the town are telling people to go to otm not Rightmove or Zoopla as you will only see lsl's properties whereas if you want to see the majority of properties you need otm. Remember Zoopla offered agents a 20 percent discount to buy shares at the start. Only 20 percent did. To me that indicates that 80 percent of their customers are not confident of staying on Zoopla. The agents who stay are being offered massive discounts.
Posted at 08/1/2015 18:19 by jeffcranbounre
Zoopla is featured in today's ADVFN podcast

To listen click here>

In today's podcast:

- City Investor and financial write Chris Oil will be chatting about a small cap oil stock that city analysts reckon could be a ten bagger. Chris on Twitter is @ChrisOil

- And the micro and macro news including:

Tesco #TSCO
Quindell #QPP
Ted Baker #TED
Standard Chartered #STAN
Spirent Communications #SPT
Howden Joinery #HWDN
Marks and Spencer #MKS
CRH #CRH
Hays #HAS
Talk Talk #TALK
British Land #BLND
Grafton #GFTU
Dunelm Group #DNLM
Samsung
SQS Software #SQS
Renishaw #RSW
Zoopla #ZPLA
Boohoo.com #BOO
Foxtons Group #FOXT

Every Tuesday is Ten Bagger Tuesday on the podcast. If you know of a stock, whose share price has the potential to increase ten fold, just click the link below.



(All it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast).

Once a week, on a Friday, I feature a tip from a listener to this podcast, if you'd like to suggest a stock click the link below:



(Again all it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast).

You can subscribe to this podcast in iTunes by clicking

To follow me on Twitter click

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Please DO NOT buy any stock recommended in this podcast basely solely on what you hear. The opinions in this podcasts are just that, opinions. Please do you own research before investing.

Justin

 

 
Posted at 27/11/2014 15:44 by gill17
I think that sounds too risky for me. However just bought three thousand shares in GEM this afternoon. There is a good BB with lots of research and just tipped in Interactive Investor. I think you should find some safe havens for your money Robert, unless your just rich!!

I've always been heavily invested in Bank shares, and that paying off nicely today.
Posted at 09/10/2014 07:15 by macminchus
It is picking up pace. I would not like to be an investor in this site next year.
Posted at 17/9/2014 20:53 by macminchus
Why just zoopla. Look at phones for you. A very profitable business. Vodafone first turn off the supply then ee.... Result administration. Our town is turning off both! If you turn off one you just make the other stronger. Get everyone in your town together and just do it.... Investors be warned agents are leaving in jan.
Posted at 03/7/2014 11:09 by hopperagain
Quite a few of the £2,500 (- 20% = £2,000 net) privileged Estate Agent investors sales, starting to go through now. I'm hanging on to mine a little longer.

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