Foxtons Share Discussion Threads

[plat hunter] 26/3/2020 14:35

It's a market top. Nowhere to go without negative rates.

[srpactive] 26/3/2020 14:21

No I meant they will not be frowned upon as negatively as normal due
to the extreme situation. I am not here for a trade, looking to build a position
in a good company. I try to find destroyed companies that can be invested
in and increased on good news. I would agree but was hoping the low from the
other day would mark a low especially as the US are moving strongly higher.
Also any talk of levelling or dropping C19 numbers in the UK and US as in China and Italy now, would hopefully lead to further share price support.

What do you think?

tia

[plat hunter] 26/3/2020 14:11

Of course financials will be looked at it, this is not a get out of jail card event.

You'll likely hit your 50p before I get my 18p to be fair, but that's what i would call volatility.

I don't trade volatility only fundamentals.

[srpactive] 26/3/2020 14:07

Thank you, fair points

The city price many months ahead, why do you not think they
will in this situation?

tia

[plat hunter] 26/3/2020 14:03

Already said many times.PE ratio is a staggering 11.7x almost 40% higher than industry average.Sp based on future cashflow (ie the pipeline) then 26p a share. But how much of that pipeline will be lost because of what's going on is a mystery but they certainly won't add to it. Hence why i think 18p is on the cards.

[srpactive] 26/3/2020 13:53

P

As I said this year is a right off for most businesses.

The link regarding business rates is relevant as is the holdings rns.

Where do you envisage foxtons being in six months time regarding sales
and share price?

[plat hunter] 26/3/2020 13:49

You haven't posted anything but links half of which aren't even relevant to what you was saying.You still have no clue of cashflow and earnings are negative. I wish you well but you're being foolish.

[srpactive] 26/3/2020 13:34

P

I have posted information relating to foxtons the financials also,
the business as most business in the UK and the world will suffer,
but it is just looking through and investing in the one's I feel will
pull through. With the government assistance with wages and business rates
along with £21m in the bank rns and a further £5m raised and a very good
position in their industry I again think they will, could be wrong.

Regarding chart technicals the first sign of a reversal and I see them challenging
50p as past support becoming resistance, after that then reassess.

As I have said you are short so no point having an argument as I also said
in one of my first posts all posters say what they want negative or positive
which I feel is good, nothing better for a long to have a short keeping them
in check and grounded. And as they say shorters are far more intelligent than longs so
I will not attempt to argue.

Up further.

dyor all.

[srpactive] 26/3/2020 13:16

And we rise again, your short, I am long, I think I will
leave it at that.

[plat hunter] 26/3/2020 13:14

Business rates.. so relief on 40p in the £1 over the rent.That'll keep the boat afloat ha ha.What kind of business has to rely on charity and handouts?Answer.. not very good ones.

[srpactive] 26/3/2020 13:10

hxxps://www.thetimes.co.uk/edition/business/bingo-business-rates-relief-is-extended-grfxhkghj

Gets better.

dyor to all not you, I could not give a hoot what a shorter does.

Do not do youtube or twitter or anything like that, it is called investing.

[srpactive] 26/3/2020 12:59

My long from the other day is too, up another 1.75p so far today.

Expecting a challenge of 50p in time.



dyor

[plat hunter] 26/3/2020 12:51

Ps this afternoons short is hacking it up.

[plat hunter] 26/3/2020 12:50

I don't need to. I already know about the FCA.Have you figured out what that link is about yet?

[srpactive] 26/3/2020 12:47

Just write a letter to [e-mail]
and they will reply, yes and they forwarded the link to
the fsa try it.

[plat hunter] 26/3/2020 12:16

"This has been forwarded to me by the BOE"Of course it has... Ibetween all the policy meetings and trade dinners they often take time out to forward random web links from other unassociated organisations, to nut jobs on the internet.

[plat hunter] 26/3/2020 12:00

And so what?Do you even understand what that is?

[srpactive] 26/3/2020 11:47

This has been forwarded to me from the BOE.

[srpactive] 26/3/2020 11:20

P

I am just one poster have been for years, stop talking stupid now.

BOE has asked to close shorts.

dyor

[plat hunter] 26/3/2020 11:17

Took you 6 minutes to start chasing for a reply when you went quiet for 36 hours.What a goon.

[plat hunter] 26/3/2020 11:16

Foxtons is a short strategy...Has been since 80p.EPS here is way to high at this price and based on last years sales figures and that's without including any adjustments for covid disruption.

[srpactive] 26/3/2020 10:41

P

Cat got your tongue?