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Share Name Share Symbol Market Type Share ISIN Share Description
Countrywide Plc LSE:CWD London Ordinary Share GB00B9NWP991 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.35p -3.49% 9.69p 9.60p 9.79p 9.98p 9.60p 9.94p 572,255 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate 661.0 -212.1 -89.6 - 158.72

Countrywide Share Discussion Threads

Showing 11151 to 11175 of 11175 messages
Chat Pages: 447  446  445  444  443  442  441  440  439  438  437  436  Older
DateSubjectAuthorDiscuss
07/12/2018
10:03
Moving up on tiny volumes, certainly worth a small punt, possible recovery.
camelot5
05/12/2018
18:18
Nothing worth buying back imo. The goodwill the business had has been destroyed and what business that's been retained is likely to go also. Also; who'd want to be an estate/letting agent now???
philosopherad1
05/12/2018
16:20
Sounds like the one they mention in the presentation, nick named the loan ranger :-) another 5% to cull so you can buy it back soon......... WJ.
w1ndjammer
05/12/2018
16:03
Limping along at best. 100% staff attrition inside 2 years. #1 agent over preceding 15 years relegated to an 'also ran'. Crying shame!
philosopherad1
05/12/2018
14:29
and is your old business still operating, or was it on the hit list... WJ.
w1ndjammer
05/12/2018
14:24
Incorrect. I have never held any shares in CWD. I have however worked there on 2 occasions and sold a business to them also. I therefore feel I have a very good insight to what they are and have been.
philosopherad1
05/12/2018
10:31
phil sounds like you got caught on the wrong side of the placing, i am onboard with an average of 9p pretty confident i will see a profit when i sell....... WJ.
w1ndjammer
04/12/2018
17:43
£120m of life support I suspect.
philosopherad1
04/12/2018
17:42
The only string CWD has over and above the Pru would be it's Commercial business? If so, I'm not convinced that will be its saviour. Also; Pru had and has very deep pockets and could have continued operating as an estate agency probably indefinitely. They didn't offload it because they needed to. They did so because it didn't perform as part of their business. CWD on the other hand are burning cash like there's no tomorrow and the shareholders/investors won't keep throwing good money after bad. There's no Harry Hill at the helm either. The BOD's appear out of their depth, supported in the most part by a management team that are woefully inadequate.
philosopherad1
04/12/2018
17:11
How is this still even breathing
porsche1945
03/12/2018
17:03
why would it get sold to management, they only hold a handful of shares between them. they have a few more strings in their bow than the Pru did back in the 80`s WJ.
w1ndjammer
03/12/2018
16:01
Seems like Investec are going all in with this one
buywell3
03/12/2018
15:49
I'm not at all sure it can survive the next 12 months let alone 3 years.
philosopherad1
03/12/2018
15:43
Property cycles are normally 7 years. It's more likely to go bust or sold to management for a £1, like Prudential, G and A etc. If they survive catch the upward momentum not the falling knife.
andrewhbruce
03/12/2018
13:40
anyone that bought pre the placement including the bod must be sitting on an average of at least 30p. this has to be worth a punt, played back the last presentation lots of big ideas, and boasting, lets see if they can pull this off over the next 3 years WJ.
w1ndjammer
30/11/2018
20:38
Hi philoso: Thanks for your response; I entirely agree with you. CWD's predicament is much like that which almost bankrupted Thomas Cook in 2012; they also had a sprawling business, totally unsuited to the changed environment. I remember it well, 'cos it was an 8 bagger, and CWD's chairman, Peter Long should remember it 'cos he was in the holiday business at the time, until recently ceo at TUI, their main rival. TCG already had a director who embraced new technology, and they appointed a dynamic new ceo with sweeping powers to restructure the business. It turned out well. In comparison, CWD's reaction to their troubles has been feeble. They've tried to plug a hole with the placing in August, and so enabled the old guard to cling on a bit longer; and they've appointed a non-exec director, who at some stage will surely advise a change of course. Despite the attractions of a 98% discount to the sp, I'm staying on the sidelines for the present. s£d
squidd
30/11/2018
14:40
I agree with the previous post.This business is in a death spiral.
tarrant777
30/11/2018
08:35
it's already dead man walking
deanroberthunt
29/11/2018
11:50
As a 35 year veteran of the industry and an intimate knowledge of CWD, I suggest you save your money. Unless of course Mr Shuttleworth is an excellent estate agent with proven success in running an estate agency branch and he has 800 or so clones. The experiment of importing 'so called' experts to improve the business, Ms Alison Platt and Ms Sam Tyrer for example, caused the damage that has driven a once successful organisation to shed 90% of is market cap and all of its profitability. The current management are of insufficient quality with most having been promoted to positions they do have the competence to handle and lack of talent to go anywhere else. The style of agency that is CWD is the past. Too many branches, too much establishment cost, insufficient quality of staff, any quality in too few numbers and a business model that is outdated. This is the proverbial 'oil tanker' but with a huge hole below the waterline. I fear it will sink before getting to a safe harbour.
philosopherad1
29/11/2018
10:39
I'm a bottom fisher looking for potential recovery stocks, and with CWD down 98% from its peak, it's come up on the radar. I see from this board that amid all the doom and gloom, one or two are buying which I take as a positive. In addition, the RNS of 3/10/18 announced the arrival of new non executive director Mark Shuttleworth, who will chair one of their committees from 1st January. He claims substantial expertise in restructuring and turnaround, and I take this as another positive sign. Apart from the encouraging noises from the BoD, are there any other positives that suggest there could be recovery here? £sd
squidd
22/11/2018
17:03
selling like hot cakes in the Midlands just sold one from the portfolio, only took 2 weeks money will be with HL ready for the stock market to hit the bottom... WJ.
w1ndjammer
21/11/2018
19:15
Housing is not selling Take a look at how properties are being reduced on rightmove Also new properties being added in last 7 days Many sellers are switching estate agents to kid mug buyers that the property is new to the market When it is in fact just being flipped from one estate agent to another The more astute property buyer is of course aware of this practice And is waiting for property prices to drop further still , which it is Inventory of unsold houses is growing Many properties now going unsold at property auctions More properties to go to auction soon as some sellers simply must sell Property reserves at auctions set to drop
buywell3
21/11/2018
17:29
Next stop 7.5p, then 5p.If you have followed this company (on and off the market) over the last 10 years, you simply couldn't make the mismanagement and shareholder value destruction up.Well, time to give the Chairman her another pay rise I say!
tarrant777
14/11/2018
12:59
London doesn't = all of the uk. The market, where I see it, requires homes for those that need them. It may well be that the homes being built are for the PRS, but if that's where the need is.......
philosopherad1
13/11/2018
20:34
Why have these crashed? Are you simple? I dont know who these agents you are talking to are but the bricks and mortar agents are disappearing by the day, there are no volumes in the secondary market, alot of London boroughs have seen prices come off by 15 pc in six months and gathering momentum, housing and mortgages peaked some time ago, hence collapse in share prices of builders since brexit vote, directors dumping shares this Spring the canary in the coalmine, the only thing propping it up is the daft help to sell scheme for the great unwashed, soon to disappear under a Labour government. Countrywide will be finished by the end of Feb, weakest of the bunch, tons of debt, poorly mamaged, little cash flow, that capital raise was criminal.
porsche1945
Chat Pages: 447  446  445  444  443  442  441  440  439  438  437  436  Older
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