Foxtons Share Discussion Threads

[kmann] 05/10/2017 15:59

Countrywide buying and price rising fast too

[nortic 007] 05/10/2017 15:56

Don't forget Countrywide as well gentlemen . Have a look. Both stocks traded in big numbers over the last week........ strange!!!!I said 120 by the end of this week.

[nortic 007] 05/10/2017 15:53

Most helpful kMann. It's nice to see the ratio of bulls to bears starting to gain momentum. Come to think of it there only seems to be one lone voice now.Got them thinking.

[andy] 05/10/2017 15:46

kMann,

Many thanks, Blackrock are one to take note of for sure.

[kmann] 05/10/2017 15:43

2 Blackrock funds applying first mover advantage and closing shorts imo. Worth taking note imo.

This is probably helping too. Buying frenzy as sellers rush to cash in and move out of london. Had to happen! Got to be good for Foxy

hxxps://www.sharesmagazine.co.uk/news/shares/foxtons-shares-rise-as-london-sees-surge-in-new-property-listings

"It appears people are not put off from selling their homes in the midst of Brexit negotiations as new property listings are up by 20.2% month-on-month in September according to analysis of the market by online estate agent HouseSimple.com.

London, in particular, saw a 44% rise in new listings in September versus August.

That sends a different message about the health of the market compared with Nationwide data last week which showed a drop in London house prices for the first time in eight years.

The latest data implies that homeowners aren't put off from trying to sell their property prices despite price weakness. It is also perhaps why shares in London-focused estate agent Foxtons (FOXT) are up 3.8% to 67.2p.

HouseSimple.com CEO Alex Gosling believes a lack of property supply has been a big issue recently as sellers have had ‘post-Brexit, post General Election blues’.

‘Property prices have remained reassuringly stable and that has probably given sellers the confidence boost they needed to re-engage with the market,’ comments Gosling.

Every borough in London experienced a double-digit rise in new listings, including areas such as Hammersmith and Fulham, which suffered some of the biggest house price declines in London over the last few months.

Out of all the boroughs, Kensington and Chelsea appeared to have the biggest hike in sellers as new property listings in September surged by 108.5%.

Outside of London, it was a cloudier picture as the top five biggest supply risers last month were all in the south of England, including Oxford, Torquay, Chichester and Salisbury.

The biggest faller, Luton, was also in the south as new listings fell by 48%, while Gillingham listings slumped by 25%."

[ny boy] 05/10/2017 15:42

DT1010

The guy I met is old school, been in the business a long time and is well connected in the industry, so I take note but with just a small stake down here, let's see how it goes. I got the impression from him that something is going on behind the scenes, I would not expect him to divulge anything sensitive.

Let's see how the plays out over the autumn.

[andy] 05/10/2017 15:22

kMann,

Out of interest, which "high profile shorts are reducing"?

[nortic 007] 05/10/2017 15:15

DT1010 - 05 Oct 2017 - 14:58 - 2010 of 2012 - (Filtered)

[nortic 007] 05/10/2017 15:08

kMannSorry

[nortic 007] 05/10/2017 15:06

KannAgree sir

[dt1010] 05/10/2017 14:58

That BS NY. But sounds plausible.
Best not kid a kidder though ;)

[kmann] 05/10/2017 14:52

Theres always a Foxtons bid rumour, but never with this much accompaning volume. I've been expecting a soverign wealth fund to take this out for a while. Look at that ffing volume, nothing this high since 160p/almost 2 years ago. Right time to strike. 120-160p. Low pound making this the optimum moment.

Also notice some high profile shorts reducing.

[ny boy] 05/10/2017 14:17

Had an earlier lunch with a real estate agent in Belgravia who had heard that a bid could be coming by the Spring, says there has been recent investor interest in Foxtons, I bought 5000 shares @ 67p, looking for a short term bounce back to test 88p resistance.

[nortic 007] 05/10/2017 14:06

You can't say I didn't tell you.

[nortic 007] 05/10/2017 13:57

Offers getting lifted

[nortic 007] 05/10/2017 13:32

You could well be right. The seller still goes on so it's a case of who wins. Time will tell sir.

[ny boy] 05/10/2017 13:30

Certainly a sign of some bottom churning, not tempted in yet, looking for a slightly cheaper price.

[nortic 007] 05/10/2017 12:30

Aussie hedge fund. They last gave 110 some months back. I can also tell you that 8 million have now been traded but let's see how it all goes.

[nortic 007] 05/10/2017 12:23

?Foxtons Group PLC Holding(s) in CompanySource: UK Regulatory (RNS & others)TIDMFOXTRNS Number : 8318SFoxtons Group PLC05 October 2017TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS ---------------------------------------------------------------------------------------------------- 1a. Identity of the issuer Foxtons Group PLC or the underlying issuer of existing shares to which voting rights are attached(ii) : ------------------------------------------------- ------------------------------------------------- 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) ---------------------------------------------------------------------------------------------------- Non-UK issuer ------------------------------------------------------------------------------------- ------------- 2. Reason for the notification (please mark the appropriate box or boxes with an "X") ---------------------------------------------------------------------------------------------------- An acquisition or disposal of voting rights x ------------------------------------------------------------------------------------- ------------- An acquisition or disposal of financial instruments ------------------------------------------------------------------------------------- ------------- An event changing the breakdown of voting rights ------------------------------------------------------------------------------------- ------------- Other (please specify)(iii) : ------------------------------------------------------------------------------------- ------------- 3. Details of person subject to the notification obligation(iv) Name Platinum Investment Management Limited City and country of registered Sydney, Australia office (if applicable) 4. Full name of shareholder(s) (if different from 3.)(v) ---------------------------------------------------------------------------------------------------- Name Platinum Investment Management Limited and Platinum World Portfolios Plc ------------------------------------------------- ------------------------------------------------- City and country of registered Sydney, Australia and office (if applicable) Dublin, Ireland ------------------------------------------------- ------------------------------------------------- 5. Date on which the threshold 3 October 2017 was crossed or reached(vi) : ------------------------------------------------- ------------------------------------------------- 6. Date on which issuer notified 5 October 2017 (DD/MM/YYYY): ------------------------------------------------- ------------------------------------------------- 7. Total positions of person(s) subject to the notification obligation ---------------------------------------------------------------------------------------------------- % of voting % of voting Total of Total number rights attached rights through both in % of voting to shares financial (8.A + 8.B) rights of (total of instruments issuer(vii) 8. A) (total of 8.B 1 + 8.B 2) ---------------------- ------------------------- ---------------- ---------------- ------------- Resulting situation on the date on which threshold was crossed or reached 10.39% 0.00 10.39% 28,585,105 ---------------------- ------------------------- ---------------- ---------------- ------------- Position of previous notification (if applicable) 9.89% 0.00% 9.89% ---------------------- ------------------------- ---------------- ---------------- ------------- 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached(viii) -------------------------------------------------------------------------------------------------------------- A: Voting rights attached to shares -------------------------------------------------------------------------------------------------------------- Class/type Number of voting rights(ix) % of voting rights of shares ISIN code (if possible) ---------------------- Direct Indirect Direct Indirect (Art 9 of (Art 10 of (Art 9 of (Art 10 of Directive Directive Directive Directive 2004/109/EC) 2004/109/EC) 2004/109/EC) 2004/109/EC) (DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1) --------------------- --------------------- -------------- ------------------------------ --------------- GB00BCKFY513 28,346,905 238,200 10.30% 0.09% ---------------------- --------------------- -------------- ------------------------------ --------------- SUBTOTAL 8. A 28,585,105 10.39% ---------------------- ------------------------------------- ----------------------------------------------- B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) -------------------------------------------------------------------------------------------------------------- Type of financial Expiration Exercise/ Number of voting % of voting instrument date(x) Conversion rights that rights Period(xi) may be acquired if the instrument is exercised/converted. ---------------------- --------------------- -------------- ------------------------------ --------------- SUBTOTAL 8. B 1 -------------- ------------------------------ --------------- B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) -------------------------------------------------------------------------------------------------------------- Type of Expiration Exercise/ Physical Number % of voting financial date(x) Conversion or cash of voting rights instrument Period settlement(xii) rights (xi) --------------------- ---------------------- -------------- ----------------- ----------- --------------- SUBTOTAL 8.B.2 ----------------- ----------- --------------- 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer(xiii) Full chain of controlled undertakings through which X the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity(xiv) (please add additional rows as necessary) --------------------------------------------------------------------------- -------------- Name(xv) % of voting % of voting Total of rights if rights through both if it equals financial it equals or is higher instruments or is higher than the if it equals than the notifiable or is higher notifiable threshold than the notifiable threshold threshold ------------------------------------ -------------- --------------------- -------------- Platinum Investment Management Limited ABN 25 063 565 006 as Responsible Entity for: o Platinum International Fund o Platinum European Fund o Platinum Unhedged Fund o Platinum Global Fund o Platinum International Brands Fund 10.30% 0.00% 10.30% ------------------------------------ -------------- --------------------- -------------- Platinum Investment Management Limited ABN 25 063 565 006 as Investment Manager for Platinum World Portfolios Public Limited Company - Platinum World Portfolios - International Fund 0.09% 0.00% 0.09% ------------------------------------ -------------- --------------------- -------------- 10. In case of proxy voting, please identify: ------------------------------------------------------------------------------------------- Name of the proxy holder ------------------------------------ ----------------------------------------------------- The number and % of voting rights held ------------------------------------ ----------------------------------------------------- The date until which the voting rights will be held ------------------------------------ ----------------------------------------------------- 11. Additional information(xvi) ------------------------------------------------------------------------------------------- Place of completion Sydney, Australia -------------------- ------------------ Date of completion 5 October 2017 -------------------- ------------------ LEI: 5493001HCMG6R1MYKC59This information is provided by RNSThe company news service from the London Stock ExchangeENDHOLUGGQCUUPMGUA(END) Dow Jones NewswiresOctober 05, 2017 06:51 ET (10:51 GMT)

[nortic 007] 05/10/2017 12:10

Would anyone of you bears be brave enough to hit that bid at 66p. A reloading buyer me thinks.

[nortic 007] 05/10/2017 10:45

You're filtered old boy

[nortic 007] 05/10/2017 10:42

Getting personal..... you are rattled .

[nortic 007] 05/10/2017 10:40

So you are an insider ?

[nortic 007] 05/10/2017 10:38

Calm yourself down 90210