Share Name Share Symbol Market Type Share ISIN Share Description
Purplebricks Group LSE:PURP London Ordinary Share GB00BYV2MV74 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -6.00p -1.58% 374.00p 375.50p 377.50p 386.25p 375.50p 380.00p 2,082,892 16:35:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate 46.7 -6.0 -1.0 - 1,016.82

Purplebricks (PURP) Latest News

More Purplebricks News
Purplebricks Takeover Rumours

Purplebricks (PURP) Share Charts

1 Year Purplebricks Chart

1 Year Purplebricks Chart

1 Month Purplebricks Chart

1 Month Purplebricks Chart

Intraday Purplebricks Chart

Intraday Purplebricks Chart

Purplebricks (PURP) Discussions and Chat

Purplebricks (PURP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2017-09-20 16:29:32377.508,36731,585.43OK
2017-09-20 16:15:00381.2525,00095,312.50OK
2017-09-20 16:15:00380.0025,00095,000.00OK
2017-09-20 16:15:00385.0025,00096,250.00OK
2017-09-20 16:15:00379.6325,00094,906.25OK
View all Purplebricks trades in real-time

Purplebricks (PURP) Top Chat Posts

DateSubject
20/9/2017
09:20
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 380p.
Purplebricks Group has a 4 week average price of 359.50p and a 12 week average price of 359.50p.
The 1 year high share price is 525p while the 1 year low share price is currently 100p.
There are currently 271,876,965 shares in issue and the average daily traded volume is 1,701,715 shares. The market capitalisation of Purplebricks Group is £1,016,819,849.10.
20/9/2017
13:42
argentus1000: Yes I have to say, I have done a resolutely awful job. And they told me I'd get a bonus if I got the stock back to 500 this week too ! Hehe. I'll stick with the name anyway; I still think Argentus sounds cool. Given you've now made me think about it, I think I now remember why I picked that name all those years ago. Russell Crowe's armour in Gladiator had two horses on it and at one point he said they were called Argento & Scarto. I remember thinking that the former sounded very cool, so it became my username with my own little twist. Thanks to you guys for the bout of nostalgia! But yes back to the day job, plus gotta bill PURP for the day's work. I am sure they care a hell of a lot about the day to day retail-driven swings in their share price after all...
20/9/2017
11:03
thirty fifty twenty: its great to see so many well articulated and reasoned posts on this BB. argentus - my apologies if you took my posts to be condescending. Hopefully you can understand that with many rampers etc... a new poster on board at a sensitive time for the stock price can arouse suspicions. with some specifics..... PURP currently has 4% market share. t/o = 43m, GP 24m, marketing = 14m, admin = 10m. lets say they get to 4 times that size. t/o = 172m, GP = 96m, marketing (lets say it doesn't change) = 14m, admin (lets say doubles despite business being 4 times the sixe) = 20m. that gives total profit of 62m. What timescale do you think this will be achieved in? 5 years? What would I value a business today that might make 62m in 5 years time that would be EPS of 16p (I've assumed LTIP and options exercised with this profit growth) EPS of only 16p in a mature cyclical market in 5 years time - current value c.100p so today's price is supported by hope that Oz and US take off.... but they have only 12 months first mover advantage in OZ and a few months in the US personally I don't think they will get 16% of the UK market, personally I don't think they will get that level of profit in the UK but even if one assumes they will (over 5 years) in my view the price currently being paid for the shares is way way too high. as before - it is priced for perfection and there will be bumps along the way. if they end up with 10% of the UK market - that is a fantastic business success and they deserve credit for that but even that level of business success does not mean the share price should be rating at 25times sales. if I may pick up on a personal point. you have met the CEO a few times, you are an experienced investor, PURP has risen 300% in the last 12 mnths yet PURP is only a small part of your portfolio so despite your convictions of the business model, despite having close access to the CEO personally it only forms a small proportion of your portfolio after a 300% rise? it seems you only backed your believe in the biz model with a very small % of your portfolio. as an additional point we probably have different time horizons for our investments. I look over a 12 months viewpoint. Whereas you are quite relaxed about a 20% move. its good to debate opinions. it is a market afterall. BTW I am well known to many and have given my contact details out before. for clarity All IMHO, DYOR + BoL PURP is in my top5 hldgs (short)
20/9/2017
10:20
hpcg: The main thing which will come out of this is that the currently unreasonable estate agent commissions will finally be reduced to something which is more in line with the skill, training and work involved. PURP may get a small part of this smaller pie, but really it is just an introduction agency for sole traders to work through - after all they are the ones doing the work. The PURP share price rise is a story which has been repeated many times before and will be many times again. The narrative is that newco breaks existing business model, takes 90% of market share, and we all live happily ever after in dividend city. The reality, in this case, is there is no new business model. It is exactly the same business just with a different pricing model. The existing players can instantaneously react by reducing their prices. Actually a more effective model would be one based on fixed fees and bonuses rather than straight flat fees. This would also sharpen listing prices to better represent the property and the market conditions, and lead to a keener market because the incentives are in the right place. People are correlating this with RMV when the latter was a new business model. It replaced the printed press who could not compete on price, local papers were largely free by then, and provided functionality which could not be provided by a paper. Network effects were beneficial to RMV, but are at best neutral, and possibly detrimental to PURP as relies on third parties to conduct its operations. As an aside, at this time the PURP business is not so relevant. The market structure where there are no active institutional buyers and one very large shareholder with big profits to lock in and at the same time redemptions to fund.
15/9/2017
10:40
hpcg: It is the pre-AGM trading statement on mystery date which will move the share price. Down. The RNS does a good job of explaining how the US house buying process functions. It misses out one important point. The US is 50 separate countries in this regard, as in so many others. Realtors are licensed and to get a license in most states one has to have training and pass exams. For example httPs://www.trec.texas.gov/become-licensed/sales-agent , httPs://www.trec.texas.gov/become-licensed/individual-real-estate-broker . This licensing is designed to create a closed shop. The closed shop is designed to keep estate agents rich. Anyway, the point I am making is all states have different rules. One would think from the Purplebricks RNS that is was somehow first to market in breaking through the closed shop. However the jurisprudence which overturned California's restriction on internet based agents was won in 2004, and not contested by the state. httP://ij.org/case/forsalebyownercom-v-zinneman/ It will hardly surprise you then that forsalebuyowner, hxxpS://www.forsalebyowner.com/homes-for-sale/ has already done the hard work of setting up across all 50 states. The business model is not identical, fsbo has cut out the middle man entirely whilst PURP still uses agents, albeit the agent gets paid less. Similarly httpS:/www.zillow.com provides agents on both sides a platform display and find properties for sale. So there is a middle ground, but that is all, not a wide open space. p.s. Zillow still has a negative operating profit, negative net profit, and flips between cash positive and cash negative.
13/8/2017
15:19
boofay: Investors just need to decide if pb is honest or not.If the public deem them not,,then thats it. I feel they are not,,but their share price over last year has shown that means nothing. - they imply they are free on their adverts becuase you pay no commission....you pay a fee.... that is fake advertising at its best. -trustpilot is fake. Purplebricks scores terribly on independant sites like google and alltheagents. They dont even let you rate them on facebook due to the truth being so harsh. -You PAY ANY WAY - if they were no sale no fee i would agree they were the good guys. What other industry charges before you actually get the product..the product being a sale not a few photos. - They have reinvented the review system. Real customers review after they have used the product, not the day they sign up. - Sellers do the viewings themselves which has security and stress associated with it - sellers negotiate themselves...they could be losing £1000's by not being hard enough, or worse, being bullied into it by the buyer. ( savvy investors now look for purplebricks property for this reason) - Aftersales is shocking, a call centre simply cannot chase a sale through for a stressed seller. This is 80% of an agents job once the sale has been agreed.
07/8/2017
22:29
ltcm1: Perhaps we should examine the Bull case a little more??? 1.2m houses to go for per annum. Could a net profit of 80m a year be possible for PURP? I presume they will rack the price up and sell other products. A relentless advertising spend to crush competitors. Then there are the foreign ventures on top. With Betfair, which was a similar situation, what happened is it took them a long time to gain traction and the share price more than halved. Their betting exchange never delivered the expected profits but what saved them was a big customer base and they ended up making a lot more from mobile casino games than their innovative exchange. So if PURP can do a lot of cross selling say then they could make a lot more from these other products than the estate agency side. If PURP goes above 520 they will have recovered from the knock they had and what is to stop a run to 700??? If you can build an argument they can make 80-100m a year in a few years time it becomes very hard to build a bear case. I don't think estate agency alone can produce this at the current price point but perhaps there is more to this business?
07/8/2017
15:12
ltcm1: So 'star investor' Neil Woodford owns 30% of PURP right??? Call me cynical but doesn't Woodford have a huge incentive to boost the PURP price to cover his ricks in Allied Minds (down 70%) and the US Pharma he had a total wipeout in after some fraud by the Directors??? Are we really to believe the likes of Foxtons and Savills are going to just stand by and let PURP eat their lunch??? Or that the Californian fraternity will let PURP just walk on in??? I would love to short these guys but how can a position be taken when Mr Woodford can stay irrational far longer than anyone else can stay solvent???
03/8/2017
04:06
paulypilot: Quite a weak "expose" on PURP, I thought. Nothing of substance, that can't be fixed. Also, at least the CEO of PURP showed up in the Watchdog studio, and apologised - of sorts. I think he comes across as very nervous, and awkward - needs some media training. Or get someone else to do it. He should have just apologised profusely & unreservedly, and promised to fix everything. That would have totally neutralised the interviewer. Instead, she had to drag that out of him. Schoolboy errors really. Overall impact - nothing, I would say. So share price should rebound strongly. Regards, Paul. (very long - PURP is a rare, scaled-up internet disrupter, so very valuable)
28/7/2017
11:58
ih_375993: Hydrus, Not all areas have London house prices. I recently compared costs on a House of around £175000 in the North West and found the traditional agent offered no sale no fee and fees of around double PURP. Thus if they lowered fee to PURP price and took away, no sale no fee they would break even , profit very quickly. ie Trad Agent: 2 houses on with no sale no fee - if one sold and one not sold they get c£2000 minus 2 lots of marketing costs. Purp: 2 houses up, guaranteed c£2000(approx) whether sold or not. Many agents would take the upfront guaranteed income, and some are already starting to offer this.
06/6/2017
18:27
melody9999: Lydnem - bit bored by this. Based on all your posts advising same, you must have gone short today when the share price fell. 6 Jun '17 - 13:07 - 748 of 769 This is the start of the reversal imho. I expect 80-100 off the share price. Pls confirm you are short around 410p...ie you are putting your money where your mouth is. .
Purplebricks share price data is direct from the London Stock Exchange
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:43 V: D:20170920 23:57:11