||EPS - Basic
||Market Cap (m)
|Real Estate Investment & Services
M Winkworth Share Discussion Threads
Showing 51 to 74 of 75 messages
|new share options for £2 per share
interesting considering where the share price is now|
|Stockdale update on Winkworth:
"We believe Winkworth is a more defensive investment than its rating implies, reflecting a perceived slowdown in London housing. Its franchised operation, with lower fixed costs, and continued growth into lettings and management should bolster it against possible sales volumes declines, and yet it trades at a steep discount to some peers. We believe threats to traditional firms from ‘virtual agents’ are overstated and the 181 year old firm can adapt to the challenge."|
|shame they don't list the one off costs for moving, july was obviously slow for sales but the bigger gains are coming from rentals
even if there is another down turn comes at least banks and bs have realised that not selling the repo's and renting them out is a better option
with lots of nett cash for a good dividend under pinning the shares|
|trade with HL and you will get inside the spread... often the offer on the RSP is much better than the quoted offer|
|Edison have initiated coverage
Nice steady growth from low risk franchise model with a decent yield
Horrible spread though
|fantastic set of numbers & Liberum have upgraded their estimates by 20%>..
price yet to move?|
|Another franchiser coming to market.
|Ah right, I must've misunderstood what cold starts are. If they're new office starts by franchisees, how does that impact adversely on WINK, in terms of profitability?
Excuse my ignorance - I can't say that I know much, if anything, about the details of the franchising model. Will WINK be providing the bulk of the start-up costs, or would the franchisee? I'm confused.|
|It's still the franchise model. Cold starts means their franchisees opening new offices.|
|Good point, and the practice of cold starts is somewhat at odds with the last finals, in which they said that the franchisee model was their preferred option.
I wonder how the costs of cold starting an office and conversion of an existing brand compare, and also the overall returns from both methods...?|
|dashton, I agree with you in many ways. However the twist is in the tail. They were highly cash generative in 2013 but now are having to invest more cash per office in cold starts. This has implications on profitability and dividends.|
|A generally very positive trading statement today - it's always gratifying to see the words "...ahead of market expectations" in an RNS.
Hopefully this should help to underpin the share price ahead of the finals next year.
btw, Anthony Snarey's large sell was presumably in advance of him stepping down from the board? Nothing particularly ominous there, imho.|
|More selling by insiders.|
|Typo56, yes announcement says he sold 90% of his holding ie 800K shares.
Not a big vote of confidence in the company!|
|Large trades this morning. Anthony Snarey selling more?|
|Maybe pjhutchy, but those look like good interims to me?|
|Coming back down to earth. Rating a bit high with all the housing hype around at the moment|
|Yes, and tightly-held shares, I'd imagine|
|Ability to put this in an ISA, Foxtons IPO and housing bubble still driving prices up|
|Sold half at 187 today and will let the rest run.|
|Another stonking performance so far today - up 10.3% currently. Where will it all end?!|
|Yes, there seems to be a bit of a (dare I say it) bubble at the moment in property, with the Government's Help To Buy, and relaxation of the planning permission required for commercial to domestic property conversion.
It's especially welcome to see the WINK re-rating, as the share price has done squat-diddly for a long time. I was happy to hold though, as I like the quarterly divis.
RMV, which I also hold, released very well-received results yesterday.
As you say, it all bodes well for the sector at the moment.|
|tiger20 - dashton42 captures my views as well.
Good results from Countrywide today shows this is a hot sector.
|tiger20 - I'm not qualified to recommend shares - I just try to post the occasional link for stocks I own, or am interested in. DYOR is always the best policy.
Hope you do well with WINK though if you did buy some.|