Foxtons Share Discussion Threads

[ivanborsky] 24/2/2023 15:59

Maybe take a look at the RNS today, someone has been helping themselves to over 3% of the the company on the sly !

[topazfrenzy] 24/2/2023 09:09

Has the paint dried yet?

Still watching lol
Zzzzzz

[gill17] 13/2/2023 12:57

I sold last Wednesday at 39.2 and banked a 30% profit. However, I had a wobble and sold half my portfolio. Happy to find another price to buy back in again.

[napoleon 14th] 13/2/2023 12:13

hxxps://www.thetimes.co.uk/article/6807bc48-aae7-11ed-ad1a-af90319d4b0d?shareToken=fe01900f95a22e752f69dfcf98d3f4a4

[topazfrenzy] 08/2/2023 13:09

Target 118p per share for the bull case in 2024

[morph7] 08/2/2023 11:28

Bullish note issued yesterday by Edison, well with a read imo. Probably why we're up today.https://www.edisongroup.com/research/growth-oriented-review-poised-to-be-announced/31943/

[ivanborsky] 02/2/2023 18:20

Yep very good point, in addition the government wants to speed up all the remedial works to those tower blocks that have been in a state of limbo since the horrific events at Grenfell and where residents can't sell their flats. There are some 9000 tower blocks up and down the country where residents have been affected and can now sell their flats subject to the builders/developers agreeing to the government's latest ruling. Expect further good news in the budget as well for first time buyers. All in all its a perfect scenario for Foxtons, no wonder the CEO went out and ordered some 350 new Mini Coopers for his staff !!!

[onedb1] 02/2/2023 15:45

2yr , 5yr and 10yr rates all crashing . That is great news . Watch mortgages decline . All the so called experts pointing towards higher rates on the bbc where are you now ? lol . The world was about to end a while ago .. lol

[ivanborsky] 02/2/2023 12:31

Hmmmm.....some 'bottom feeding' buys going through ! Interesting !!

[ayl30] 31/1/2023 15:54

But more people continuing to rent where the business has been growing.

[2bluelynn] 31/1/2023 15:25

If interest rates get put up Thursday by .50 of a basis point will this be bad news for the share price ? Less people buying ? Thanks in advance

[topazfrenzy] 31/1/2023 12:07

This share is so boring
Zzzzzzz

[ivanborsky] 27/1/2023 09:32

So lets get this right, as at 9.15am today there has been more trade in Foxtons than there was at this time yesterday. Makes perfect sense right ?? Looks like the Hunt has managed to coax a few of their clients into selling, brilliant they must be so proud biting or should I say chewing off the hands that feeds them !!

[ivanborsky] 27/1/2023 08:25

Reading between the lines, it sure looks to me that there is a buyer out there looking to pick up some cheap stock. I added a few this morning courtesy of the Hunt. Cheers chaps, keep up the good work !!

[buffettjnr] 27/1/2023 08:18

Well this idiot cut his recommendation to hold and target price 40p today. Sometimes it’s best if the company has no coverage

[tole] 27/1/2023 07:29

Peel Hunt: Foxtons investment will strengthen its positionEstate agent Foxtons (FOXT) isn't immune from the economic downturn, but investment will likely put it on a surer footing, says Peel Hunt.Analyst Sam Cullen retained his 'buy' recommendation and target price of 55p on the stock, which slipped 1.1% to 37.6p after a full-year trading statement yesterday. After a difficult 2022 the shares have soared over 29% in the past month.Annual revenues for 2022 came in 5% ahead of Cullen's expectations but there are still challenges ahead for 2023.'While lettings will remain strong, the turmoil in the mortgage market means sales revenues will be lower... and profit in full-year 2023, meaning consensus profits forecast will likely fall,' he said.However, he said longer-term, the 'investment in the business will likely increase, creating a sounder footing from which to operate'.This increased investment will be pinpointed by new boss Guy Gittins through an operational review that is 'focused on driving growth and rebuilding 'the Foxtons' DNA''.

[ayl30] 26/1/2023 09:01

Pump and dump type co, it will ride a wave up to about 60p then you will see some big selling. I hold, that's my view at least

[ivanborsky] 26/1/2023 08:38

Making profits, solid revenue numbers and the property rental market going through the roof and the stock is marked down ???? Means only one thing, Soros wants to pick up a few more and no doubt the hedge funds as well. Foxtons were previously bought out by a hedge fund if I remember rightly some years back for pittance. De ja vu ??

[onedb1] 26/1/2023 08:09

Revenues higher than the market cap. Rents are solid not sure why we get this initial pullback should be going back up into the 40s and 50s

[ayl30] 26/1/2023 07:36

Rns reads well"Adjusted operating profit is also ahead of market expectations."

[i of the tigers] 25/1/2023 12:02

The recent increase in share price takes it >105% of the recent (5 day) average ... Stipulations exist which include no buybacks in such a scenario.

[hongkongsally] 25/1/2023 09:38

Why have they stopped buying their own shares?

[topazfrenzy] 24/1/2023 10:32

Looking perky, has news of results been shared with some?

[topazfrenzy] 19/1/2023 10:12

Trading update next week, could suddenly soar from here, it's about time to be honest, this has 60p written all over it

GLA