Foxtons Share Discussion Threads

[hillofwad] 18/8/2020 06:59

Never let some inconvenient facts interfere with a narrative. The mini boom has passed over Foxtons heads ,just a very modest uptick

Toppy has arrived here gung ho as the next best thing without lifting the bonnet.A very modest rise to look forward to

Gone are the days where Jon Hunt would swashbuckling lead this forward






A Tale of Two cities 37 away not just under offer but sold STC.63% of inventory

Foxtons Maida Vale 1 under offer not sold STC out of an inventory of 86 and that has been on the market for more than 15 months



Marylebone & Mayfair just 5 under offer out of 115

[hillofwad] 17/8/2020 14:40

Toppy

Priceless

"!Up 12.5% so far today

Another 15% on the way fast"

Forgetting of course they had hit 48p in June and were 40p on July 20th




You remind me of the guy down the bookies enthusiastically calling out all the winners Go on my son whilst quietly slipping some losing slips in the bin .


Well talking about embarrassing yourself look a little closer to home
13TH August PETROFAC

"We should settle at £2 before the weekend"

[topazfrenzy] 17/8/2020 13:51

Up 12.5% so far today

Another 15% on the way fast

Back under your duvet you pessimist loser .. we know your type well, you lot always miss all the opportunities that markets present

anyway be quiet now, you are just embarrassing yourself

[hillofwad] 17/8/2020 13:33

Well unless you have been telling a few porkies Toppy you certainly havent been raking in the pennies on Foxtons.

It's been a selling plater

Maybe its just a case of gratification deferred Maybe the Inner London buying frenzy is just around the corner

Schroders just telling all their City staff to work from home that is going to do wonders for the letting market in Inner London

Hamptons announce rents in decline in Inner London Here in West Wales prices up 15% since lockdown !!
Hope that Purple Boy and Countrywide Girl haven't gone unbacked



Be lucky and as ever DYOR .Giddyup .Tally ho

[topazfrenzy] 17/8/2020 12:32

Poor little booboo living in mama's spare room commenting on my portfolio and lecturing us all ... lol

stick to your twee pessimism you silly little nobody, and make sure mama cooks you your cheap little supper before your 6.30 pm bedtime, to ease your jealousy pangs

while we actual investors rake in profits ACROSS THE BOARD on a daily basis

[hillofwad] 17/8/2020 12:23

Bless your cotton socks Toppy If it makes you happy


You have been backing the wrong horse amongst estate agents

Still waiting for that buying frenzy to appear in Inner London boroughs?

Guess its difficult for you to understand the last thing Foxtons Canary Wharf want is the lenders moving the goalposts making it even more difficult for sellers to get a sale over the line for apartments

With just 3 sold in the last 60 days they have done well to get 32 of their hefty
current 155 sales inventory under offer fair play to them

With over 20% been on market for longer than 12 months a credit squeeze is a real kick in the teeth

[topazfrenzy] 17/8/2020 11:24

Go back to bed loser, no one wants to hear any more from you

[hillofwad] 17/8/2020 10:56

However there is some seriously bad news for all those apartment blocks

Foxtons stil very few sales being achieved unlike the regions Sold less than 300 in last 60 days

[knowing] 17/8/2020 10:37

Before today they already stated

[topazfrenzy] 17/8/2020 10:33

Looks like the market is finally waking up to this one

Could go up 50% very fast from here

[hillofwad] 07/8/2020 05:56

Foxtons offices reflect this a few of the offices getting some away but generally very slow .Some still running on empty

[hillofwad] 28/7/2020 11:19

The problem in London is many of those punters who used HTB in London with 40% deposits and 5% equity to buy new stock a few years back are in negative equity so unable to move

Foxtons despite having a number of offices dedicated to new home sales have failed to become the"developers friend" with very small inventories

[onehanded] 28/7/2020 10:04

I SEE government is to extend help to buy scheme to all of 2021 to stimulate the market. Could be all falling into place.

[plat hunter] 28/7/2020 09:16

I wonder what the head count here is like.How many sales/admin staff against historic lelevs, anyone have an idea?

[hillofwad] 28/7/2020 09:01

Just checking the portal just 258 sold in the last 60 days
Probably not a fat lot over £1.1m in sale fees

Need to see that speeding past 400 asap

The expensive unfurloughed staff arriving back in will be soon chewing through that
cash as monthly losses continue

[onehanded] 28/7/2020 08:46

like to see directors buying now. Around 40p which was the rights issue is a safe price to pay for a company with a lot of cash in the bank.

[hillofwad] 28/7/2020 08:44

BF talking through his pocket again .Disappointing that there has been only a small numbers going under offer or sold on Foxtons website

Safe haven money yet to arrive in the Central London offices of Foxtons
However 38p doesnt seem to be too sparky as an entry level

[topazfrenzy] 28/7/2020 08:37

The vulnerable, ie the old and frail, and the obese, are NOT the ones making the economy go round ... there will not be another general lockdown EVER AGAIN

[topazfrenzy] 28/7/2020 08:35

London property is THE safe haven for international money, all the money always flows here and will continue to do so, especially with Hong Kongers and their changing status

Check out the Foxtons website (and others) and you will see a sea change, with lots of stuff going under offer or sold, a marked improvement across the board ..

silly cheap here now

[hillofwad] 28/7/2020 08:34

What is concerning is that they are likely to be looking for acquistions as they have money in the Tommy

Hopefully stretch ouwards geographically incrementally and not like Countrywide buying in disappearing revenue expensively

July has been disappointing considering all the pent up demand.Down 32% so far from July 2019 which was worse than 2018 At least they have got plenty to chuck around to pay the expensive salaries

60p looks very far over the horizon.

[onehanded] 28/7/2020 08:11

Better be buying then MWG and SKIN the water / sewer real time detection UK companies. No second wave in UK. Don't be fooled my media, It's all about government control.

[kmann] 28/7/2020 08:09

2nd wave or not, people are just going to carry on imo. we've developed coping strategies and work rounds. nobody's that afraid of the big bad wolf anymore.

[buywell3] 28/7/2020 07:49

Results are poor

UK property market is set to suffer now in Covid wave 2

Which is now on the way and will break the media news within 10 days IMO