Foxtons Share Discussion Threads

[topazfrenzy] 05/7/2022 07:44

Here come the Arabs!!! Jassim is based in Abu Dhabi and his 2% stake is probably just the start ..

They will snap it up before long ... THIS IS THE BARGAIN SHARE STARING EVERYONE IN THE FACE!

Arabs love property and London is their foothold in Europe, Foxtons will be on their shopping list ... BLINK AND IT'S GONE!

[blueball] 05/7/2022 05:30

Breaking news this am.

[blueball] 03/7/2022 13:21

Zac Mirs about 3 mins in.

[buffettjnr] 01/7/2022 18:28

70p

Goldman’s was the biggest buyer yesterday and today.

They love trading in £100m market cap companies…R30;not

[topazfrenzy] 01/7/2022 18:17

Something's up ... 80p takeover bid next week?

[blueball] 01/7/2022 13:01

Catch me catch me.

[topazfrenzy] 29/6/2022 12:12

Can someone please bid 80p a share asap so we can all celebrate, thank you

[blueball] 24/6/2022 18:46

Change of direction.. ?

[gill17] 24/6/2022 15:44

Lettings fees are guaranteed income, estate agents fees are much more volatile which is why estate agents dabble in lettings when they aren't selling houses. I really don't think they will sell the lettings side of the business, buying the last two companies with strong lettings portfolios suggests the opposite.

[buffettjnr] 24/6/2022 15:43

Lettings not leggings

[buffettjnr] 24/6/2022 15:25

I think it could fetch more value selling the leggings business than the whole business is worth today. It’s easier to gain scale for a trade buyer in lettings. Touches nose

[gill17] 24/6/2022 15:20

Lettings is good cashflow if you take the management fee monthly, but staff intensive obviously. Foxtons were hurt when the tenant fee ban was introduced as they charged new tenants very high fees and made a lot of profit. However, the purchase of two Estate Agents with 2500 tenancies between them will be very profitable if they have the staff inhouse to manage the new business. Of course, the Landlords will have no contractual obligations to stay with Foxtons and will very quickly jump ship if they aren't happy with Foxtons letting and management. Why would you think they will sell the letting business?

[blueball] 24/6/2022 15:12

Watching this one.

[plat hunter] 24/6/2022 15:02

I think they'd be fools to sell the letting business, in an environment of rising rates and inflation.

[buffettjnr] 24/6/2022 14:45

I like that expression “bulletproof”. The letting business could be sold to another player do you think?

[gill17] 24/6/2022 14:34

For what it's worth I hate Foxtons and have never bought or sold these shares. However I have owned my own letting agency for 30 years, can confirm I have never made a loss and lettings is pretty bullet proof, and I've bought in this week just because it looks like the change of direction of the Company should go down well with the market.

[topazfrenzy] 24/6/2022 11:09

You're upset because PFC has sunk when I said that you should all sell, it was clear once it dumped hard for 'no reason' that day .. anyway whatever, Foxtons has nothing to do with oil services so to come and troll me here is a bit strange

ANYWAY Foxtons will be at 80p+ by end of year imo

[plentymorefish] 24/6/2022 10:48

For the other visitors to this board, I'll leave it at that but people in glass houses tops shouldn't.....well you know the rest.......

[plentymorefish] 24/6/2022 10:47

Posting histories are easy for all to see......doesn't take a genius to work out who/where/what/why/when......

[plentymorefish] 24/6/2022 10:46

Me troll you???.....interesting comment.......

[topazfrenzy] 24/6/2022 10:43

Anyway, share buyback seems it's continuing again here

GLA

[topazfrenzy] 24/6/2022 10:42

Haha plenty, it's now up 6% here while PFC keeps sinking ... not sure why you feel it necessary to troll me for speaking the truth regarding the oil trade being done over two weeks ago ..

[plentymorefish] 24/6/2022 07:34

Lamprell has had an offer at 25% below its closing share price ...

Could this happen here at some point ..? You have to ask these questions, companies can go insolvent quickly if execution is not carried out to perfection.....