Foxtons Share Discussion Threads

[ivanborsky] 03/11/2023 11:50

You won't see any more tree shakes from hereon in after the chairman had a cheque for £375m plonked on his desk this morning ! (£1.25 a share)

[i of the tigers] 03/11/2023 11:09

So much for a Friday tree shake!

[ivanborsky] 03/11/2023 08:25

MM's up early this morning, 7 sell trades in the first minute to get the price down again, well it is Friday after all and we all know they love a tree-shake on Fridays !! Chance to pick up some cheapies today !

[ivanborsky] 01/11/2023 17:57

Indeed, yet another American 'off shore' Hedge fund increases their holding. Even a blindfolded cyclops could see that one coming after the huge volumes of the last few days. Who's up next I wonder, another bunch of Yanks, more than likely !!!

[gargoyle2] 01/11/2023 15:55

Long-term shareholder 3G Capital Management increases to 8.37% (from 7.1)

[ivanborsky] 30/10/2023 18:06

Some strange trading going on today. First thing just before the market opened, around 14.5m shares were traded in total and all day today the sells kept coming through to keep a lid on the price at 37p. Around 1.2m sells vs 300,000 buys. Nothing to see here then after those manipulated 3rd Quarter figures of last week !

[porsche1945] 29/10/2023 10:17

4 quid in 2013 to 37p today, not even the 10pc club….. just shocking, seems almost anything listed in the brexit basket case U.K. has been cut in half then cut in half again…or in the case of these, basically vaporised….nightmare year coming up with U.K. likely needing an IMF bailout…will see these down to .18p.

[2bluelynn] 28/10/2023 15:02

Let's hope Ivan . Be a nice Xmas for me if so !!

[gargoyle2] 27/10/2023 09:48

I suspect that may be a touch optimistic.

[ivanborsky] 26/10/2023 18:32

Indeed, walk into a bank now earning £50,000 a year thinking you're the bees knees and the bank will gladly swat you with a mortgage offer of 3-4x your salary at 5-6% on the basis that you have a say £30,000 deposit to start off with of course !!! Studio flat sir ?? No panic sellers again today, maybe the market will try again tomorrow before the weekend. Directors played down the numbers again today so as not to raise any eyebrows, bit late for that I'd say. Foxtons will be snapped up in the next few weeks and defo before Christmas !!!

[bedford1976] 26/10/2023 12:59

Foxtons more than likely to make some more lettings acquisitions looks like the sales market will be flat for years if Lloyds are right. Draker Lettings would be a good bolt on for Foxtons circa 700 lettings on their books according to their website.

[ivanborsky] 24/10/2023 15:37

Oooh, we're on the move !!

[ivanborsky] 20/10/2023 09:23

Like clockwork, here come the 'sells'. Keep going, I wouldn't mind picking up a few more at 35p later this morning before the weekend !!!

[ivanborsky] 20/10/2023 08:29

Next week the 26th it is then ! So will we get a last and final Friday tree-shake today on that basis !!

[gargoyle2] 18/10/2023 21:58

Exactly where I said before: www.foxtonsgroup.co.uk/investor-relations/financial-calendar

[ivanborsky] 18/10/2023 20:42

I have just looked on the website again, and have done all Summer. Here's the link under the title 'upcoming Events' :-

hxxps://www.foxtonsgroup.co.uk/investor-relations. It still says 20th October 2023. Where are you seeing the 26th ??

[gargoyle2] 18/10/2023 19:47

Q3 trading update is on Thursday 26 October, not on Friday as indicated on Sharepad and elsewhere -- see the Foxtons website (under Investor Relations, Financial Calendar).

[ivanborsky] 18/10/2023 13:09

Wow, just one trade of 1400 odd shares this morning and ahead of what could be the best trading quarter in the company's history since its floatation some ten years ago now to be announced on Friday. Not long to go now !

[ivanborsky] 09/10/2023 18:25

'The Big Mortgage Squeeze', care of Panorama on BBC1 tonight at 8pm. Doubt if there's anything new which hasn't already been factored into the market and I very much doubt if the BBC comments about renting being the new norm in a few years time, with Banks and US Hedge Funds becoming the UK's largest landlords with the prospect of house ownership being out of the reach for most UK citizens !!

[ivanborsky] 05/10/2023 18:20

As I have said on here previously, Foxtons are making decent money in ALL areas of their business and todays closing price is only a fraction above the January price of this year and before those impressive year end figures believe it or not. Q3 Numbers out in a couple of weeks time which will be the best the company has reported for some considerable time, so a chance to pick up a few more cheapies in the morning courtesy of the market.

[onedb1] 05/10/2023 13:05

Rightmove showed that average rents in London are high and staying so for the foreseeable . Am surprised that in this environment Foxtons isn't flying. As the share price should . Most of their income is derived from rentals nowadays .

[2bluelynn] 30/9/2023 18:17

Thanks Ivan all interesting times

[ivanborsky] 30/9/2023 17:49

There has been some strange trading in the stock lately, all classic examples of trading by American Banks and hedge funds, devious and cunning with complete disregard for the FCA and UK trading rules and regs. There's talk that the Yanks may crash the markets, Bitcoin, Gold and everything else citing a US Government lockdown as an excuse. Will that affect the price of Foxtons shares, probably but that's by design, no sellers so chance to add a few more to the portfolio on the cheap !!!

[2bluelynn] 30/9/2023 15:15

Suprised they haven't been bought out .I think I'm right in saying a director bought Friday