Foxtons Share Discussion Threads

[chinese investor] 27/10/2017 16:50

Telex Boy is now taking bookings for Christmas Pantomime !
A Laugh A Minute !

Professor Prediction (FOXT) 11 Oct 2017 - 19:28:53
If, as someone mired in second class amateurism, you want to buy some more this, go ahead and be my guest.
But, there only one thing to say about this stock.
These will be a buy at 50p.
Mark my words chum, I'm doing you a big big favour.

[nortic 007] 27/10/2017 16:37

I've been stuck on the M25 but I'll speak to the trader on Monday and find out what's about.Good weekend

[nortic 007] 27/10/2017 16:34

They (analysts) never account for sentiment.

[nortic 007] 27/10/2017 16:28

Well done Berenberg. Stick an analysts in a dealing room and they haven't got a clue.50p no chance !!!

[nortic 007] 27/10/2017 16:15

No sellers

[andy] 27/10/2017 08:07

Well that will account for some of the bounce then, if they have been buying to cover their shorts.

[aishah] 27/10/2017 08:01

Blackrock and Rye Bay Cap have closed their shorts since early Oct.

[ltcm1] 26/10/2017 13:18

You are spot on No Dice.

As you say fees are being hammered so sector consolidation seems likely.

[topazfrenzy] 26/10/2017 12:31

Stamp duty should be 0 under £300,000 then 1% up to 1 Million and 3% for anything over, then the market will budge again with people moving up, sideways, whatever, Osborne killed mobility, the engineering psycho that he is.

Buy to let investors should only pay 1% more and offshore companies etc the same.

End of, in case you are reading this Philip lol

[no dice] 26/10/2017 12:15

The potential stamp duty cut for first-time buyers is nothing but political window dressing in a transparent attempt to lure younger voters away from Labour. It will have a negligible effect on sales volumes - the sellers of properties marketed towards those buyers will simply adjust their price to take advantage of the government's largesse, and affordability will remain as stretched as it is. Transaction volumes and therefore estate agent's revenues will remain in the doldrums until bottom lines are truly under pressure and agents simply reduce asking prices in order to generate revenue and survive.

London estate agents' feet are being held to the fire - how long can they stand the heat?

[andy] 26/10/2017 11:05

topaz,

I very much doubt they would buy Foxtons, what would they gain for the expenditure?


And as for stamp duty rates, in most parts of the country outside London and the south, a first time buyer can already buy without paying stamp duty, so it may not have the impact that some are expecting!


Affordability is the key, and house prices are more unaffordable in income multiple terms than in history.
The government should let the market correct and find it's own level rather than try and manipulate, it will hurt those they are tying to help!

[opodio] 26/10/2017 10:54

Stairway to heaven me old china

[chinese investor] 26/10/2017 10:17

Looking Good !

[topazfrenzy] 26/10/2017 09:54

Foxtons could be the new Glencore, from the 60s to the £3.60s in under 2 years lol

[topazfrenzy] 26/10/2017 09:47

Foxtons is prime takeover material, it could happen at any time, CWD has too much debt so is more market condition reliant I would say.

Savills with Chinese/Malaysian funds could take over Foxtons with little fuss.

[albanyvillas] 26/10/2017 09:37

Investec piling in here recently

[albanyvillas] 26/10/2017 09:20

Speculation that the Government could slash stamp duty for first-time buyers to help them gain a foothold on the property ladder helped struggling estate agencies Foxtons and Countrywide pull out of their recent share price spirals.

Excitable traders latched on to hopes that the Chancellor, Philip Hammond, will use next month’s Budget to ease the tax burden on young buyers. This will in turn boost the secondary market and signal the end of the downturn weakening shares in traditional estate agencies.


I’m loading up on Foxt and cwd

[opodio] 26/10/2017 08:54

Flag on chart

Northwards

[albanyvillas] 25/10/2017 14:33

ARE YOU READY TO POP, 100p min , 140p target in range

[blueteam] 25/10/2017 14:22

Chart has 90p - £1 as next real target. Plenty of upside from here.

[albanyvillas] 25/10/2017 14:08

buying in big here