Foxtons Share Discussion Threads

[ny boy] 01/3/2018 13:13

No debt still an investor attraction

[ltcm1] 01/3/2018 10:25

There is also the huge problem of Help to Buy hanging over the London market.

Plus there is the rise of the price gouging hybrids.

[ny boy] 01/3/2018 08:08

Automatic technical analysis. Medium term, Feb 23, 2018
FOXTONS GROUP PLC is within a falling trend and continued decline within the current trend is indicated. On reactions back, there is resistance against the ceiling of the trend channel. Is moving within a rectangle formation between support at 67.88 and resistance at 87.53. A decisive break through one of these levels indicates the new direction for the stock. The stock has marginally broken up through the resistance at pence 81.00. An established break predicts a further rise. Negative volume balance weakens the stock in the short term. The RSI curve shows a rising trend, which is an early signal for a possible trend break up. The stock is overall assessed as technically negative for the medium long term.
Recommendation one to six months: Negative


I will try and buy around 68/69p support

[wantage] 28/2/2018 19:43

Nortic, In the light of the results, what say you? Have you moved on to pastures green?

[wantage] 28/2/2018 19:35

I'm pleased you sold them.Maybe the support level won't hold this time.If the underlying fundamentals are getting worse, the headwinds getting stronger then ultimately the price will reflect this.Charts are very useful but one should not confuse the tail and the dog.Ask yourself, other than you, who is going to buy this in the present circumstances, when visibility in the London residential market is so foggy?
All we read about in papers like the Evening Standard, is £30 million properties being discounted 30%.There is a trickle down effect.Capco have written down their vast residential development in Earls Court by 30% over the last 2 years.
There are x thousand shares on offer in the London market for every discerning taste.
In the case of Foxtons only masochists should apply.

[professor pettigrew] 28/2/2018 17:59

Another headwind for Foxtons and all estate agents from 2019 when they will no longer be allowed to charge tenants for finding them a property.

[professor pettigrew] 28/2/2018 17:58

But, not that desirable today, it seems.

[ny boy] 28/2/2018 17:22

wantage I sold half yesterday @ 83.5 1350 shares, I was expecting a kind of same story update.

Looking to buy back more if gets back to support levels, I need to check the charts

Still no debt an attraction, it’s in play, just wait for another buying opportunity

[opodio] 28/2/2018 07:28

PE of 45 and ex growth


50p today?

[ny boy] 26/2/2018 10:23

Just building up strength to break various resistance levels in the early 80’s

[ny boy] 23/2/2018 10:46

Some chunky buying recently, breaking higher, through resistance now, should see a move to 92p approx (short term)

[anony mous] 23/2/2018 10:36

Rightmove firing away upwards!

[chinese investor] 23/2/2018 08:36

Great Start !

[anony mous] 23/2/2018 08:35

Great numbers from Rightmove this morning helping across sector.

[ny boy] 22/2/2018 12:09

I think we have silent thread investors benefiting from my share price chart research here 😛

(UEN) another one breaking out, good for a technical move to 160p over the short/medium term dyor as usual

[ny boy] 22/2/2018 08:29

Nice 100k buy @ 82p

[ny boy] 20/2/2018 15:54

Resistance 81p, a close above this level, opens up 87.13p & 92p

Seems possible as buying momentum has been good.

[ny boy] 19/2/2018 09:44

Ok trying to break above 80p, i’ll Walk alone into profit wonderland 😁🍾🎰💷

[ny boy] 15/2/2018 09:57

Where are the usual suspects?

[ny boy] 14/2/2018 19:08

Anyone else back in these, price action and increasing volumes suggest a higher move soon. This could leave to a breakout by Q2

[ny boy] 14/2/2018 09:11

Tick tock, no debt supportive here

[anony mous] 08/2/2018 15:23

BoomOver 80p soonWill head to a quid after