Foxtons Share Discussion Threads

[rackers1] 10/3/2017 12:16

agree opodio. this has had its day. aggressive and expensive.
foxtons is sleeping with the fishes

[opodio] 10/3/2017 11:50

Outlook

Looking ahead, we expect trading conditions to remain challenging in 2017. The surge in sales in Q1 2016 will not be repeated and should current levels of activity continue in the short term, it is likely that 2017 sales volumes will be below those in 2016.






Looks finished, 80p next support ffs 😁

[ny boy] 10/3/2017 10:24

Stubborn resistance at 100p, could stay in this range for a few weeks yet before moving higher.

[ny boy] 09/3/2017 09:46

Yawn, share price still intact, all negative news priced in, I am not in a hurry to get to 120p, as HER has returned me 700% so far.

Sitting back waiting for another opportunity to buy these lower, if the market allows me, £ at lowest for a while will attract more overseas buyers, sooner we trigger article 50 the better, as the uncertainty is holding back many stocks.

[ny boy] 08/3/2017 11:32

Joto.. re pmo, my broker friend told me to buy some at 60p, so reluctantly I did

Foxt should do ok from here but not expecting a fast move to 120p yet.

[panic investor] 08/3/2017 11:23

knew one of their guys who was bragging about putting up 15 sold sign outside a block of flats, none had been sold by foxtons !

[dros1] 08/3/2017 11:13

Chestertons sales are up 15% so far this year - looks like its not property market to blame its Foxtons business model

[panic investor] 08/3/2017 10:15

Trouble is the scamsters now charge 400 quid to reserve a let for you and not show it to anybody else !You'll never clean this swamp

[ny boy] 08/3/2017 09:59

PMO is not 90p, it's 60p and falling due to its unstainable debt mountain, its horrific. Another deluded one from PMO

[aishah] 08/3/2017 09:58

"Worse could be to come for Foxtons as estate agents are set to be hit by Chancellor Philip Hammond's pledge to abolish letting agent fees charged to tennants.

The proposal announced in the last Autumn Statement, is currently in consultation but no date has yet been set for its implementation."

[jotoha2] 08/3/2017 09:38

PMO , 20p to 90p , made you look rather silly big boy , as for this , short from 200p and still not cashing in , you need to learn basic trading skills.

[blueteam] 08/3/2017 09:38

No postion but can only see this falling with brex on the way and markets due for correction on the down side. Also new landlord and renting regulation coming out reducing the income from these.

[ny boy] 08/3/2017 09:15

Pls let me have some at 80p!!

[ny boy] 08/3/2017 09:14

Fools that can never read markets properly, bad news is already priced in.

[aishah] 08/3/2017 09:01

Peel Hunt reiterates SELL and 80p target

[anony mous] 08/3/2017 08:31

Lol.NY calling this wrong like all his other trades.

[larva] 08/3/2017 08:25

Will have a look at 50p

[larva] 08/3/2017 08:24

BUDGET will stab it

[jockthescot] 08/3/2017 08:19

I wouldn't argue "sales are going to be worse in 2017 than 2016 unless there are changes in the market which aren't apparent" is old news NY Boy. Take off your rose tinted glasses.

[topazfrenzy] 08/3/2017 08:17

Most of the news is priced in by the looks of it but the catalyst won't come immediately to make it soar (which it will eventually) so it may drift lower for a while

[topazfrenzy] 08/3/2017 08:16

Best to stay on the sidelines for now and load up further down the line

[ny boy] 08/3/2017 08:15

Old news, yawn, dip buyers will come in, markets look 6-9 months ahead.

Where's the empty vessel this morning?

[aishah] 08/3/2017 08:11

Foxtons sees property sales plunge as Brexit vote hits
08 March 2017
Business

Foxtons says revenue from property sales plunged 23% last year due to uncertainty following the Brexit vote as well as changes to stamp duty.

Profits at the London-focused estate agent more than halved as a result, falling to £18.8m last year from £41m in 2015.

Foxtons does not expect any let-up in 2017, warning trading conditions will "remain challenging".

Sales will fall further this year if current trends continued, it said.

bbc news