Foxtons Share Discussion Threads

[mcmather] 01/4/2021 20:19

Sales appear to be going extremely well based on data from their website. FOXT are also one of the founding members of Boomin, which "officially launched to the public on 2nd April 2021", and which will hopefully assist;

[js2021] 31/3/2021 03:14

Out of interest, why?

[js2021] 31/3/2021 03:13

Check out the annual report.CEO targets were lowered during the year to ensure that once again he gets almost full bonus for more poor performance. Total package almost £1m... essentially 1% of revenue. Meanwhile market share keeps dropping in both sales and Lettings.Sheer madness.I haven't bothered looking, but I would guess he's pulled out a good £10m over the years. Pretty good result for running the business into the ground!

[mcmather] 30/3/2021 07:34

Looking good.

29 Mar 2021 - "The pandemic property boom has driven mortgage approvals up nearly 40 per cent on the 10-year average, according to official data";

[ny boy] 30/3/2021 07:27

Added more recently, I mean you just have to have these beauties

[stupmy] 29/3/2021 07:07

The chart AH, the chart. And it's come back to 59. I'm watching to enter.

[onedb1] 27/3/2021 12:52

Am unchanged after this week. The recent highs will get retested am quite sure. Been on a very good ride here and only looking at these on a weekly basis

[ah1990] 26/3/2021 15:40

@Stupmy - out of interest, what makes you think price will come back to 59 next week?

[stupmy] 26/3/2021 15:00

I'm out for the weekend. I think the price will come back to 59 next week. If it doesn't it doesn't matter, I've taken a small profit.

[mcmather] 26/3/2021 14:07

Rock Star, re 5035, I don’t think they should contemplate paying back the money until the company is in the position it was – including the share price – prior to the lockdown.

[stupmy] 26/3/2021 09:03

I added yesterday at 60 (spread isn't great). If the mid-price comes back to 59, I'll add more.

[stupmy] 23/3/2021 10:24

There were too many 'nows' in that sentence weren't there.

[stupmy] 23/3/2021 10:22

I've been trading this in and out for a while now and just re-entered now.

[onedb1] 15/3/2021 07:56

My thought too. At least a retest

[yorked] 11/3/2021 08:42

I would hope the share price to be on a flat line for the remainder of the month, don't want to be tempted to sell and take the profit before we enter the new financial year.

[smicker] 11/3/2021 08:33

Ongoing buyback it is then.

[rock star] 11/3/2021 08:30

Sorry. Capitalist that I am Foxtons should pay back their furlough payments.

Discuss.

[topazfrenzy] 11/3/2021 07:06

80p would be nice by the end of the month

[topazfrenzy] 11/3/2021 07:06

The buybacks are back too!

[yorked] 10/3/2021 16:42

Encouraging update and very positive outlook, certainly better things to come.

[topazfrenzy] 10/3/2021 15:49

"Our capital allocation encompasses reinvestment in the business, dividend policy and other forms of returning cash; for example, through share buy backs or special dividends."

Note the special dividends mention

[ny boy] 10/3/2021 15:13

Great opportunity to add this morning, results were good, nothing to be concerned about, once we open up the economy, off to the races, triple digits is the medium term target for say late summer

Added (MXC) nice mountain to climb!

[topazfrenzy] 10/3/2021 14:44

Is the market finally waking up to this one?

I think so

£1 could be reached quickly from here

BUY!