Countrywide Share Discussion Threads

[andrewhbruce] 17/8/2018 19:44

The £20m stock payouts make me sick. I hope it goes bust, most estate agents do. It's a simple cycle and times will get tougher before they get better.

[lomax99] 17/8/2018 08:13

Taking the proverbial with suggested incentives for key Directors - up to £20m between three of them! (according to today's Times).

[pillow] 16/8/2018 22:36

Told you so a few months back, what a fiasco

[sb888] 16/8/2018 16:24

This will be ok. Stormy weather ahead but it's fine from here

[ltcm1] 14/8/2018 10:33

Countrywide feels very similar to Carpetright, another brash business of the 90's that totally lost it's way.

Back to basics and cross selling is never going to work going forward.

Time for a Plan B.

[typo56] 14/8/2018 07:19

“Such has been the decline at Countrywide, I don’t think that the downward spiral is capable of being arrested and can see no solution other than a complete break-up of the group with some parts sold and others closed down.”

That's not the plan put forward in the prospectus though.

[ltcm1] 13/8/2018 16:34

12p by Friday.

[horndean eagle] 10/8/2018 14:51

Paul scott pushing it heavily. He has a lot of followers.

[costax1654x] 10/8/2018 12:47

Sosandar is booming anyone knows why?

[mallorca 9] 10/8/2018 11:37

Set for future growth though.

[hernando2] 10/8/2018 11:21

I imagine that the II's said do it this way or you get no money..and probably the Board did not put up too much of a fight

[ltcm1] 10/8/2018 08:24

Why should small investors give CWD another chance when the Bod have acted like crooks??? It seems fundamentally crooked that the non institutional holders took all the pain here.

[costax1654x] 09/8/2018 21:56

I said here 15 when it was 21!It will go to 12 ...just by the look of trades

[costax1654x] 09/8/2018 20:35

BigDISH Amazing company just listed.Amazing team!

[hillofwad] 09/8/2018 16:33

Super


"Hillofwad's comments re brands within CWD leaving or landlord contracts up for renewal - either his lying or just talking complete BS and he knows it!)."

Like I said it's clear that you really don't understand the estate agents's world or specifically Countrywide so I will excuse your accusations of lying as ignorance

LSH derive a large part of their income for what is better known as "property management"
hxxps://www.lsh.co.uk/commercial-property-services/property-management

They manage 20,000 occupiers in shops.office buildings and industrial estates This encompasses.collecting rents,managing services , repairs lease renewals and rent reviews ,cleaning change the toilet rolls etc .

They will have contracts in place with many large property companies ,institutions and public companies They are usually renewed annually .Don't take my word for it ring them and ask!

They will have a specific property manager assigned to the client and usually a strong personal relationship develops If that manager decided to move elsewhere and thecontract is up for renewal there is always the danger that the contract and client walks with the manager if he is happy with him or her

Maybe revisit in a few months time and see if CWD is in the same shape or form?

[ltcm1] 09/8/2018 15:27

hernando2, hillofwad, it was interesting reading your tales from the old days.

Someone said it was a good sign the money has come in but another way of looking at it is that it was a cynical ploy to enable the big investors to sell down their positions and salvage as much as they can from their losses.

You have to ask yourself how did they allow themselves to get into the position of needing an emergency placing when the housing and rental market is still bouyant in most parts of the country.

If the auditor said they were by all intents bust then there may well be more horrors to come out here. It all smells of desperation to me.

[typo56] 09/8/2018 15:20

Hmm, you really are one unhappy 'shorter'.