Foxtons Share Discussion Threads

[kmann] 20/6/2016 13:34

House prices holding up BEFORE the brexit vote. Watch to market move up a gear after it, REGARDLESS of outcome. Foreign money waiting to buy in to the reassurance of a stay result, and plie in on any price dip, BUT theyll have to fight it out between the buy to letters. first time buyers, pension cash funds, and upscalers WIN WIN WIN IMO

Watch the brokers start to "readjust" their outlook. Behind the curve again

[kmann] 10/6/2016 16:41

OK, fair enough, they dump. Who cares? Someone else buys. End of.

Personally wouldnt invest in this scheme/bond, but it circumvents the stamp dutty issue. I personally think, and been told more of these type of arrangment will attract investors with spare cash looking for bigger returns.



Can see plenty of footballers and pensioners going for this. Could be a ponzi scheme in waiting though. But would self inflate property prices, like buy to let schemes of the past.

[hillofwad] 10/6/2016 15:57

Again you are going offpiste The success or otherwise of Purplebricks which will be as good as the first claim for negligent advice from their "experts"has no bearing on Foxtons Original stakeholders wil be dumping the remainder of their stock and say thanks for the rise whats left a load of devmotivate agents who ahve no chance of making big bucks as they have very little equity Tiny share options arent going to satisfy their best guns

[kmann] 10/6/2016 15:46

OK. I wonder how long the PurpleBrick agents/experts will stick at it for so little reward.

Overall I think the market self corrects on headlines, but with the introduction of longlife mortgages (up to 85 years old), I see growth longterm.

Two friends, one a mortgage adviser seeing growth (not just pre-stamp dutytax buyers), another asociated wih surveying, seeing the opposite. Brexit seems likely reason imo.

Brexit looks like a catalyst either way, but win or lose, it will take 2-5 years to become effective. Lower house prices just mean more buyers out there imo. ie more landlords, and what goes round comes around, The moderen property market is self sustaining thanks to the longterm landlord and pension cash kings.

I ready to add on any major dip here. So welcome any sell off.

ps, regardless of brexit, it means nothing to saudi billionaires and irainian millionaires. They just get cheaper property and more of it in a geo political safe haven. Circle of life.

[hillofwad] 10/6/2016 15:23

You have completely misread my post I didnt discuss the state of the property market but commented on listed agents Like political careers they always end up a failure with Savills beinga a notable exception The guys that made Foxtons a success have long gone and the agents running the show are minor equity holders The best they can hope for is a small incentive plan Agents are entrepreneurial animals thats the a nature of the beast You can guarantee that the major fee arners are just treading water Win ,lose or draw the share price is heading for the hills

[kmann] 10/6/2016 14:54

hillowfad, what a load of bolloks you talk. The dynamics of the property market in recent times are based on fear of missing the boat. Also, if prices drift back, people wait untill the Agents start marking up property prices again. Sound familiar? Just like like playing the stock market. Supply, demand, and and factor X, property snobboray.

To doubt Foxtons future is to doubt human nature for self betterment imo. Such is Life.

Watch the property market rise this year after the brexit vote.

Take note of Numis on this one imo.

[hillofwad] 10/6/2016 12:59

KMann must be related to Mann & Co & co who got acquired by Black Horse light years ago to hold such optimism. The lessons learned by all estate agents agents gaents being taken over is you cant buy people The share price gardually descends to a level where a management buyout is on the cards The only people who get rewarded are the stakeholders who have been paid out on past performance. All the young Henrys and Charlottes whizzing around in their liveried motors have no equity Bless their i little cotton socks Any agent worth his or own salt spends as much time gnerating client relationships either to cart off to an equity partnership at another form rm of he joins up with his colleague Penelople Shagwell to start up their own agency

[kmann] 09/6/2016 16:06

Keeps rising. Your not going to get many more bites at this sub 200p The guys at Numis about the only one with there heads screwed on imo @290p firm.

[kmann] 08/6/2016 08:45

That charts not going to wait around for much longer before this goes back to 240p. Nice little 50%er here ... plus if the saudis buy up foxtons.

[kmann] 02/6/2016 09:36

Wheres this going after brexit is done and dusted? UP imo, VERY UP!

[stavros28] 26/5/2016 21:48

Going strong .

[kmann] 25/5/2016 12:22

Sub 400k, and they are moving up the ladder, buying larger/renovation project around +600k, so theres two transaction in one go. Hoping its going to bag them £1million next 2-3 years,.

ps Foxtons was the Agent on all occasions.

[ny boy] 25/5/2016 12:00

Depends where you are talking and at what price bracket. Still ok I guess sub £937k

[kmann] 25/5/2016 08:18

A freind of sold their house before the stamp duty increase, the deal fell through for some reason. House went back on the market, 7 viewers, 3rd one bought it next day.

Demand looks strong from buyers STILL.

[hillofwad] 24/5/2016 20:49

Foxtons breaking out more likley to break up in the future Original stakeholders must be rubbing their hands at this recent bounce back giving them further opportunity to shed some skin and disappear with the folding

[kmann] 23/5/2016 10:27

Some cat, Some bounce!

Look at the buying man! 10-1

[ny boy] 20/5/2016 22:57

Just a dead cat bounce in a bear market

[kmann] 20/5/2016 16:08

Looklike the shorts have thown in the towel after a reality check. Property/price crash = more buyers = good news for foxtons. Post brexit should see this back to 250-300p pretty fast on a short squeeze/trend reversal imo

[ny boy] 09/5/2016 12:21

Rachel Davies, head of U.K. advocacy and research at the U.K. arm of the global non-governmental organization Transparency International agrees, telling CNBC via email that "this will make it much harder for corrupt individuals to use London as a safe haven for their illicit wealth."

"The impact of this damages the lives of people in the countries of origin, who have their resources and national budgets plundered by corrupt individuals, but it is also likely that this has skewed London property prices, pricing locals out of the market," she said.