Share Name Share Symbol Market Type Share ISIN Share Description
Foxtons Group Plc LSE:FOXT London Ordinary Share GB00BCKFY513 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.10 -1.34% 81.10 81.00 81.50 84.50 81.10 81.20 401,269 16:29:49
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate 111.5 -17.2 -6.3 - 223

Foxtons Share Discussion Threads

Showing 4626 to 4646 of 5225 messages
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DateSubjectAuthorDiscuss
14/8/2018
07:45
There is a recession coming that May will blame on Brexit. Foxtons has one issue that needs to be addressed over all others: it’s senior management. Nick Budden is not an estate agent. He is a finance man. Until they get rid of the top brass and parachute in some top class aggressive estate agents to run the company, it simply WILL NOT recover. Budden and his mates need to go.
dt1010
13/8/2018
10:38
It's blindingly obvious they need to shut half these branches. This is a company so far up their own backside they can't see why they don't make any money. Any sort of recession will wipe Foxton's clean out!
ltcm1
13/8/2018
09:43
These are large fitted estate agent A2 offices with high rent and rates If they are not able to trade profitably from the location then none of their rivals will be taking up the lease Also the message this would send by shutting down branches and the negative consequences would probably outweigh savings Better off trimming staff and other cots any branch closures will be last resort
magnetjonathan
13/8/2018
08:25
Thanks DT1010. This may be a daft question but why don't they simply cut the branches down to 40??? Presumably being in London they won't have too much trouble finding new tenants for these units. It seems so obvious but there must be a flaw or they would be doing it wouldn't they???
ltcm1
08/8/2018
18:16
Read this NY boy if you think the worst is over. HTTPS://www.estateagenttoday.co.uk/breaking-news/2018/7/foxtons-swashbuckling-days-are-over--analyst-predicts-big-cuts
dt1010
08/8/2018
12:51
https://total-market-solutions.com/2018/08/08/british-estate-agents/
burtond1
08/8/2018
07:26
Figures will get worse for Foxtons before they get better
dt1010
07/8/2018
14:55
Guess Crispin Odey will be all over this one, and others in the sector soon...! lol
emeraldzebra
06/8/2018
14:47
An aspect of brexit much overlooked haw meant that the pound reduces in value and makes houses much cheaper for overseas buyers. And they have been the driving force in the market up to 2014. Pockets of London are now on the rise again But will traditional agents see much of the benefit ? I doubt it. They will be screwed down to wafer thin commissions or face sellers running off to the new cheap/flat fee people.
emeraldzebra
04/8/2018
11:06
The model of offices on high streets will not be sustainable ... but it’s good to be visible...so clients know you’re there...there’ll be less agents. No bad thing. There are too many anyway. We have not seen the bottom here with Brexit up ahead. Oh look back down we go. No doubt NY idiot will perk up on here again when the price goes up 1p
dt1010
03/8/2018
20:48
I said 1/3 of agencies not all of them High rent and rates and staff costs cannot keep the least efficient alive in a low volume market with online competition as well
magnetjonathan
03/8/2018
20:11
Totally agree that the foxtons so will go down. But to suggest that "all estate agents will be gone within 3 and a half years" is a stretch on a biblical scale. If the suggestion was about Purplebricks however?!
superslickrick10
03/8/2018
20:02
There will inevitably be a cash call and dilution if not a private equity takeover at far lower price. Looks like there will be no deal at Brexit. Will hit property hard. The party is over for at least 5 years.
dt1010
03/8/2018
18:11
I am a property investor and chartered surveyor and have been in property for 30 years. Agency survives on transactions and I have never known a more dire short term outlook for sales , high stamp duty, mortgage i affordability, rising interest rates, death of the private investor , Brexit and the rise of online agency all of this is the death knell for traditional high street agency London as the economic centre of Europe has been called into question by Brexit and the seemingly endless upward trajectory of the market is not only stopped but the real value of London residential post Brexit with all the above is very uncertain This in the short term will take a few years to settle and with buyers not wanting to get involved in such an uncertain market and sellers not feeling enough pain to accept the new reality we have a property market that is doing nothing in a low volume slow decline This is the worst scenario for high st agency and I believe in 3 years over 1/3 of all agencies will be gone Therefore there is only one short term to medium term outlook for foxtons and anyone who believes there will be anything but a slow decline in revenue with high fixes costs is dreaming. Cannot see a single reason to believe the value of the company will increase and see nothing but future reduced earnings and problems ahead
magnetjonathan
03/8/2018
13:26
Who are you trying to kid you know wtf you’re talking about you shameless ramping idiot NY Boy
dt1010
03/8/2018
09:11
Nice mini dip yesterday, buyers came back for some cheaper stock, rinse and repeat going forward
ny boy
02/8/2018
18:19
I agree traditional agency will evolve rather than die completely. Online is for the lower market. Mid to upper want the human customer facing service. But...a hybrid agent can do both. No shop. An office instead. Lower costs. All the internet listings. Accompanied viewings if you want them. Negotiation of the sale if you want it, the whole thing. For a fraction of the cost. The market for such agents is growing hugely.
dt1010
02/8/2018
08:44
DT100. Maybe right. But do you see my point about the NECESSITY for conventional agents. ? At the top of the market - there is arguably a need for 'posh' (nasty word) agents like Savills as the well-heeled like a middle man in their deals and they don't care much about the money. But lower down - it seems a bit pointless to pay so much for them.....? Add to that - low volume /continued crazy stamp duty (foolish of the govt) - and t4 not much of an investment case really.
emeraldzebra
02/8/2018
05:19
If May screws Brexit up it will surely happen Brexit cause a mess whatever happens short term Hence why this is still not a buy
dt1010
01/8/2018
18:01
If Corbyn and his cronies get in then Armageddon is sure to follow in the UK, sell everything and leave! Buy Bitcoin and some other cryptos if it happens, and some gold too as the pound will go under a $
topazfrenzy
01/8/2018
14:33
Direction of travel is north & buy the dips, smart money was even in before Highclere’s 5% holding was announced..67p is the first resistance to crack, PHTM next, just need some patience with these sticks but rewards are good GLA those long.
ny boy
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