||EPS - Basic
||Market Cap (m)
|Purplebricks Daily Update: Purplebricks Group is listed in the Real Estate sector of the London Stock Exchange with ticker PURP. The last closing price for Purplebricks was 272.50p.|
Purplebricks Group has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 270,500,911 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Purplebricks Group is £770,927,596.35.
|trt: Day by day can see the share price falling back.|
|maffs1: Why should just Woodford and his chums be able to buy their shares for 220p when the stock closed at 288p today? I want some at that price.
because when they committed to buy them, the share price was about 225p.|
|investorschampion: Those wanting cheaper exposure to an online estate agency offering should take a look at profitable and cash generative MartinCo (MCO). In September 2016, MCO acquired EweMove, a “hybrid” estate agency and letting agency model using an online platform and modern digital marketing techniques i.e. similar to PURP, albeit smaller.
At a share price of 141p the mkt cap of MartinCo is a modest £36m. However, MCO is already profitable having delivered earnings per share of 5.70p (+35% on prior period) at the interim stage with the full year forecast for adjusted Eps of 12.5p. This represents a current year earnings multiple of 11.2x. The full year forecast dividend of 6.8p represents a yield of 4.8%.|
|cyberduck: trytotakeiteasy, this is why people are investing. They do see fast and profitable growth. Hardman & Co predict 10% market share and suggest they're being conservative.
As for marketing costs - I think these will be less of an issue as word of mouth and the "for sale" signs start to do a lot of the work. They predict break-even this financial year.
Margins - I can't really see competitors spending the amount required on marketing and then trying to take market share from PB by having lower prices. They will be targeting the traditional estate agents share of the market which is currently about 95% of it with the average commission being about £4000.
I don't see much of a future for high street estate agents. 90% of properties are currently found via online portals.
Clearly PB need to tick boxes to maintain the current high share price and any bad news will hit the share price, especially as the share float is pretty small.
Not for the faint hearted but I think the forecasts are realistic and possibly even on the conservative side.|
|opodio: 117p share price and 12p cash which is dwindliung fast
lot of hot air in this price
|prewar: Blatant de-ramping on here, I do wonder about folk on ADVFN posting the same drivel day after day with little credibility and substance, in most cases it ain't going to move the share price.|
|hillofwad: Still here boyo . Zoopla responding well with some shrewd corporate purchases and Rightmove no doubt watching closely Will be watching the instructions closely as Spring is in the air If they dont start upping the ante to 2500 new instructionspcm after the TV blitz and the share price pushes up towards 130p I might look very hard at a short Not just yet If you are sitting here on the placing price or less a 23% uplift looks a mighty fine exit to me You cant go broke making a profit In my patch 4 sitting there listed in Octoberwhen I viewed dont know when they took them on 2 have gone and 2 still there with no new listings Only a microview but still !!
I am interested why do you think the instructions havent increased significantly they cant go on subsidising this TV campaign for ever?|
|moopdoom: If the model delivers and the market cycles from old model exposure to new in real estate, market cap could equal FOXT over 24 months.A doubling of the share price.|
|dresdenis: Director share purchases seem to have given support to the share price but this concept is flawed and the company wildly overvalued . The medium term trend is down.|
Purplebricks share price data is direct from the London Stock Exchange