Foxtons Share Discussion Threads

[plat hunter] 04/12/2019 20:44

Never undersold if you get what you want..There'll always be punters and I'm more than happy to leave a little in for them

[dt1010] 04/12/2019 20:24

Well done but I think you undersold it.
Time will tell.

Foxtons is going north of 80p on a Boris win.

[plat hunter] 04/12/2019 17:50

I got 126 for my CEY, my target was 125 Happy days

[plat hunter] 04/12/2019 17:49

Who's going to be the last one holding the baby then?

[dt1010] 04/12/2019 16:13

no if about it

[mr hangman] 04/12/2019 10:56

If Boris wins..

[plat hunter] 03/12/2019 21:27

Can't hold the resistance.. That's a triple top now

[dt1010] 01/12/2019 16:18

so you’ve been short have you, clever move, cough

[f15jcm] 30/11/2019 23:02

Also, there has been insider buying at LSL. Don't see the Foxtons CEO buying back any of the shares he cashed in.

[f15jcm] 30/11/2019 22:57

Been shorting this on and off for the last two years. Opened a short position on this week's rise. If the company returned to 2016 revenue, it is already valued on 11x earnings. LSL is profitable and dividend paying and trades on 8x earnings. A recovery (that may not happen) is already priced in, the risk is definitely to the downside.

[dt1010] 30/11/2019 21:19

Hilarious how the bitter regretful haters post when they know they missed the boat, laughable losers lol, thou dost protest too much hahahha

[dt1010] 30/11/2019 18:53

Its about sentiment not fundamentals.

I guess you missed the ride from 50p huh, hmm, shame.

You don’t wait until profitability to appear and then buy the stock. The train will have left the station by then.

Watch what happens to this stock when Boris wins a majority.

[f15jcm] 30/11/2019 16:50

Outlook at the last update was terrible. Con majority government will bring some certainty domestically but the long term relationship with the EU won't be decided for a while yet, and the global outlook is far from perfect.

From RNS 31st October: "Overall, this was a resilient performance set against the London sales market which continues to deteriorate and the impact of the tenant fee ban on our lettings business. We are encouraged by landlords' reaction to our improved lettings offer and are confident we can continue to gain share in the London lettings market. We continue to manage costs tightly to ensure the business is well-placed to withstand this prolonged market downturn and are confident that this, coupled with our improved overall offer, positions us well for the future."

"Continues to deteriorate" suggests it's still not the time to be buying this stock, though I do think its time will come eventually. With a valuation getting on for £200m for a company making absolutely no money, it's hard to see it as a bargain.

[dt1010] 28/11/2019 15:43

back test :)

[topazfrenzy] 28/11/2019 13:09

Still super cheap at these levels

[topazfrenzy] 28/11/2019 09:33

120+ by spring is my prediction

[onehanded] 28/11/2019 08:10

Think the share sites / magazine / newspapers will soon be onto this, so need to be fully loaded. If this breaks 80p will really move. IMHO

[onehanded] 28/11/2019 07:28

Papers saying tory big majority win and London to get back to the property rise. Can see this on major break out.

[ny boy] 27/11/2019 19:34

Breakout from 70p, looking good
(AOR)is another great play in the making, reminds me of early days STX, just started to break higher. Dyor

[arja] 27/11/2019 18:32

yes, chart looks interesting but I wonder if fundamentals are still bad as have not
followed this stock ? I assume it has made big losses in last year or so .

[dt1010] 27/11/2019 17:23

lovely day today here with a clean break of 70p! 80p+ easy on a conservative win and gloves are off with stamp duty reform, literally the sky is the limit here with no debt and London bottoming out. Foxt is a keeper that could well ATTRACT A BID. and to think i bought £100,000 worth at 50p hahahaha well done DT :))))

bull flag played out and if you look close you’ll see a cup and handle on the chart too.. its SHORT TERM TARGET is region 85-90p.

[ny boy] 27/11/2019 13:27

FOXT - No debt...PURP - plenty of debt

No brainer which one attracts investors looking to get in at the bottom end of the property cycle

[emeraldzebra] 27/11/2019 12:52

kenny p52 - UBS have been saying this for years and - much as there has been a v small correction - they have been - for the most part - plain WRONG. Their agenda is to get punters into alternatives to property. With a very welcome Conservative victory on the cards - the London market should shift up a few gears - and could boom again if stamp duty is cut. The prize idiot Osborne made a big mistake pushing it up for more expensive houses - as this has meant that everyone investing in property has been fishing in the same pond ( at the bottom of the market) and not moving up the ladder, through not wanting - quite rightly - to pay inflated tax levels to the government. The main problem for shares like this is not the strength of the market itself - but more the increasing trend for buyers / sellers not to use conventional agents - but to employ Rightmove/Purple bricks etc instead.