Countrywide Share Discussion Threads

[hillofwad] 28/11/2017 07:41

Piece by Paul Smith extolling the virtues of CWD's online rollout

"Countrywide on the ropes

There can’t be any greater example right now of a poorly executed online strategy than that of Countrywide. They’ve finally admitted that their online model – competing with their own high street brands – has had a catastrophic impact on their business. So much so that they’ve now pulled the plug.

They say it’s temporary, but unless they’ve got a few magic tricks up their sleeve, they’re going to struggle to conjure up a new action plan that’s going to turn the tide on their failing business model.

Now Berenberg Bank has warned that the business is almost ‘uninvestable’, reiterating my own comments about the warning flags that have been flying over Countrywide for some months now.

Can they reverse the tide of their misfortunes with the current leadership at the helm? Surely change is coming – and it wouldn’t be a day too soon."

[billy two cocks] 22/11/2017 10:28

Ladies, please.

Put those handbags away.

Thanks

BTC

[hillofwad] 21/11/2017 23:01

"P.s I made my money in this a long time ago but you think I tell you everything."

Bless your little cotton socks Norty

LOL You have populated this board desperately trying to impress the keyboard warriors here that you have done precisely that Your Tufty Club badge will be in the post with Star Trader on it

More than likely jumped in with both feet at the low and failed to get off the bus when it snapped south again and nursing a hefty loss


Perhaps some deep seated forensics might be the order of the day and a lesson in how listed estate gents work might be helpful in your future dealings

Experience is a hard school but fools will learn no other!

[nortic 007] 21/11/2017 18:45

Go to bed and sleep it off boys. You were filtered along with that other chap. Your comment " I bet you can't " was enough to know that you are another poster who does nothing as regards to investing. P.s I made my money in this a long time ago but you think I tell you everything. You're very wet behind the ears gents.I don't talk I do!!!

[andy] 21/11/2017 18:36

and that sort of arrogant post is why!

[nortic 007] 21/11/2017 18:26

Another clown joins in. Lol

[hillofwad] 21/11/2017 17:11

Nortic Typical trader You sound like the guy at the bookies who pulls out a pocketful of winning slips whilst carefully placing the stack of losers on the shelf above

[nortic 007] 21/11/2017 17:04

As you've been since day one.hillofwad - 21 Nov 2017 - 16:54 - 937 of 937 - (Filtered)

[hillofwad] 21/11/2017 16:54

Yep This could potentailly be another DTZ with the Aussies picking the carcass up for SFA as the profiatble bits disappear en route

[nortic 007] 21/11/2017 16:47

Selective posting syndrome.

[hillofwad] 21/11/2017 16:40

Maybe a bit of respite tomorrow but this is a death roll. She has lost the troops 100p beckons

[nortic 007] 21/11/2017 16:19

Typical bear. Lol

[nortic 007] 21/11/2017 16:18

You've woken up on a bad day have you. Poor

[hillofwad] 21/11/2017 16:09

Looks like this is heading firmly south again The rally didn't last very long Hope punters used it as an opportunity to take a sharp exit

[nortic 007] 21/11/2017 08:51

That bloody song keeps ringing in my ears.Good day Gents.

[nortic 007] 16/11/2017 14:35

Think I posted that some weeks ago but worth a read as you say.

[tarrant777] 16/11/2017 12:48

Anyone interested in Countrywide shares (long or short) should read the Berenberg Bank analyst piece on the company which give the shares a target price of 95p, but describe them as un-investable.Suggests that the digital roll out has been a complete dog's dinner with Cwd actually continuing to lose market share across almost all brands. Critical of management and deeply concerned about quantum of debt.One can only be astonished that major shareholders in the company continue to allow the totally inept board and clearly failing senior management team to remain in place.

[hillofwad] 16/11/2017 10:06

Comment on Property Eye

"Just last night i was with an old colleague who is still very much at CW.

Interestingly they have admitted (internally) that they made a mistake, hence why the leaving of many of the directors and heads of department.

The question is now, as the story points out. “What is the plan?” – That is not clear. I do think you will see a more traditional return to its roots with more area managers and i think you will see another reduction in offices in the coming 12 months."

[hillofwad] 16/11/2017 08:01

JakNife

Certainly is negative !! I was chatting with a Director of LSH yesterday at a property The commercial lads tend to distance themselves from the residential Problem is if they did shift LSH this would make a major hole in revenue