Foxtons Share Discussion Threads

[3dwd] 24/1/2018 15:03

Sold a few more..

[ny boy] 23/1/2018 11:33

Added a few more this morning, bit of an over reaction following Countrywide. Long term play really.

[wantage] 22/1/2018 19:28

Have you spoken to any of their branches?

[anony mous] 22/1/2018 14:13

I am 'extremely' positive here.Thanks.

[3dwd] 22/1/2018 10:22

I am extremely negative re Foxton... It's a Londoncetric business that is suffering just like countrywide.. Rental mkt is tough and sales mkt is dead!!.. Commissions are coming down... I smell a warning.. In my opinion.

[bookbroker] 21/1/2018 08:49

Scale has its advantages and disadvantages, this company is in a better position to cut costs due to its centralised HQ., the high street shops are a window to the world, if the market is diminishing then it comes down to service and efficiency as to ultimately who wins the business, my views are out here! I guess there are still buyers out there, but if prices are falling they will be holding back, the jobs market in London and the openings avaliable drive the need to find housing shelter, but you would assume if sellors are refraining from adjusting their prices and the market is hitting a wall then the rental market would benefit!

[gliderpilot2002] 21/1/2018 07:50

I am told the trading update will be Wednesday,

[wantage] 19/1/2018 14:46

The fact is there are 10-20 major agents competing in Chiswick in both sales and rental.
Most are well established brands.Foxtons has no obvious advantage, and as for the London market picking up after a fall, when it's falling at present, how long do you think this will take? If you lived in West London, you wouldn't touch it with a bargepole.

[bookbroker] 19/1/2018 13:50

You’d buy it because the rental market will remain strong, tand the demand is still there, house prices have to correct to a sensible level and this will be off, these are well-positioned, it’s just that it will take longer, the sooner sellers start being more realistic the quicker the market will come back. This is a strong company with a strong balance sheet, there is plenty of scope to cut costs! Hopefully drive them to a more online model!

[wantage] 19/1/2018 13:17

Why would anyone buy this now? What's the rationale? Top end £2m Foxtons market just not selling in West London, unless you want to take down at least 30% from highs.Friend had nice house on market not overpriced in Chiswick for eight months, and had to accept lowball offer.Are bulls living in parallel universe or am I missing something?

[topazfrenzy] 18/1/2018 17:11

I said maybe buy again after trading update, if it crashes more, wait and see but definitely for the watch list only for now.

[chinese investor] 18/1/2018 12:15

Yup and it wasn't good !

[nortic 007] 18/1/2018 08:00

CWD trading update this morning.

[ny boy] 12/1/2018 16:44

Yep, looking good

[chinese investor] 12/1/2018 16:25

Good Day !

[anony mous] 09/1/2018 13:35

Nope, don't see that at all.Should be nice recovery in numbers for next leg up to a quid.

[topazfrenzy] 09/1/2018 12:01

If there is another profit warning in next trading update then that could be the time to load up if it dips badly.

[nortic 007] 05/1/2018 16:51

It's worth noting that CWD performed well today and as I've said before I prefer Foxtons over CWD in the long run.

[anony mous] 03/1/2018 15:22

Next quick stop 90p

[topazfrenzy] 02/1/2018 22:09

I am hoping before that, once it gets going it should be quick.

[nortic 007] 02/1/2018 18:58

Hopefully £1 by March.

[ny boy] 02/1/2018 17:37

Just a waiting game really

Happy NY all

[topazfrenzy] 02/1/2018 17:34

Some pretty hefty buys after close.

[topazfrenzy] 31/12/2017 13:02

London property may surprise everyone in 2018, to the upside, with the Eurozone starting to crack again and the safe haven that is London coming back into focus.