Countrywide Share Discussion Threads

[hillofwad] 02/7/2017 13:10

Neily

Think MMs are playing games before another push downwards CWD have problems in cutting back the debt pile

[billy two cocks] 29/6/2017 15:52

Purplebricks announcement.

imjo, dyor

Thanks

BTC

[neilyb675] 29/6/2017 15:46

why is this rising ?

[hillofwad] 26/6/2017 11:16

Little hope of achieving a fancy price for LSH which has been hawked around the market for several months. You cant sell a commercial property practice like a sack of spuds Clearly no future for the non equity owning senior players who are no doubt busy organising their exit

The upside is Brandes who have built up a stake have some sort of strategy!

[tarrant777] 23/6/2017 00:42

Testing new lows!If falls beneath 150p, where is the next resistance level?I'm no chartist but suspect that we could see 130p quite soon as overall market slows and Cwd continue to appear to be rudderless and in a never ending downward spiral.

[hillofwad] 26/5/2017 17:57

Death by a thousand cuts I bet the neggies are loving this fixed fee How much commission can they earn from that ?

The irony is not lost is that even with the fixed fee service people will be walking into their office asking the ususal questions
No sign of any LSH sale either .Some of their key fee earners disgruntled that they are being hawked around like a sack of spuds no doubt on their way where they are appreciated -clients in tow

[tarrant777] 26/5/2017 17:18

Shares continue to drift sideways or south as the market (perhaps somewhat illogically) drives the valuation of Purplebricks to levels that give me a nose bleed.No sign whatsoever anywhere that management's new strategy to offer a hybrid service through it's branches is having any effect in arresting their death spiral of rapidly reducing market share.Still, for me, an attractive short, with the only concern that the two major shareholders decide to take the business private again and offer a small premium to do so.

[opodio] 06/5/2017 20:41

looks finished

[gostevie63] 05/5/2017 14:19

I picked up a few of these for my SIPP this afternoon after being encouraged by the fairly chunky Director buy.

[hillofwad] 03/5/2017 14:08

Yes banks must be worried as fees being reduced and offices shut so little opportunity to par back debt No synergy realised by expansion by cheque book. No doubt flogging LSH to make the banks happy Although the initial purchase of LSH was OK all the other add ons incldung the ES group have been expensively bought with revenue escaping No chance of getting their money back

[hillofwad] 03/5/2017 12:43

LOL A whole host of share options announced today for all the sterling work the directors have done in decimating sahreholder value

[larva] 03/5/2017 10:04

tanking

Looks ready to warn

[tarrant777] 03/4/2017 11:46

One wonders at what point Brandes, now with a 16% shareholding (currently well under water) will make a corporate move for this company which probably should rename itself Titanic plc?

[hillofwad] 15/3/2017 20:50

hxxp://www.propertyindustryeye.com/another-cut-for-countrywide-as-sales-support-centre-due-to-close/

Comment below says it all




FromTheHip64
MARCH 15, 2017 AT 8:30 AM
“We are committed to maintaining a strong and sustainable business, based on the solid principles of putting our customers at the heart of what we do, and ensuring that we make the most of our people and our assets.”

………;……̷0;.so we’re closing our Sales Support Centre, getting rid of all our industry experienced management team, shutting a load of offices and are now offering a low level of service online option at a cut price fee that will earn the staff pence in commission.

Way to go.

[tarrant777] 15/3/2017 17:08

Yes, just what they need-another person on the board who hasn't got the first idea how to run a major UK agency business.He or she would be in good company!

[hillofwad] 15/3/2017 11:43

Maybe Brandes who have been building a big stake demand a seat on the board and attempt to put the wheels back on the bike

[tarrant777] 15/3/2017 10:53

People who agreed to buy (WHY??) stock last week at 175p, must now be really sick to see their investment down 10% and falling.Where is the bottom for this stock??

[hillofwad] 15/3/2017 09:27

This will end up with some parts being sold some management buyouts and the rump acquired by some venture capitalists After the banks are paid off there will be SFA left for shareholders and the whole merry dance will start again