Foxtons Share Discussion Threads

[joemillion] 10/7/2015 11:14

This is heading back to £2.80 pronto. Topped up first thing this morning. Hype overdone and still well under valued at current share price

[onjohn] 10/7/2015 10:36

Those with Loads of money who dont need mortgages!!!

[ny boy] 10/7/2015 08:42

Yeah but who will be the buyers? Lol!

[onjohn] 10/7/2015 08:38

I can see quite a lot of BTL people selling

Should boost sales

[aishah] 09/7/2015 21:24

I asked a property dealer what he thinks of Foxtons (FOXT) and got the following:

“In London most Estate Agents fees are down. At high end ( above £5m lots ) there is little to no business being done.

There are 30,000 high end apartments being built where prices of £2000 per square foot are being sought.

SDLT at 12% kicks in at above £1.95m

Interest rates are going to go up not down. Inflation is flat.

Foxtons surge in its share price in May was artificial and caused by the general election result.

I expect a 30/40% Market correction in residential property prices. Rents are too high and deliver only 2% yields off high prices.

No one can afford to buy the home they live in. No one can afford to sell since they think cannot afford to purchase a replacement dwelling. As a result turnovers down.”

I also remind readers of the financial and reputational damage through having taken hidden commissions in their management department. Why it is at 210p is beyond me.

hxxp://www.masterinvestormagazine.co.uk/evil-diaries/the-evil-diaries-foxtons-china-and-world-acceptance/

[mike740] 09/7/2015 12:28

Doodlebug, for your assistance.....

[brahmsnliszt] 09/7/2015 12:22

After hitting 2.80 I should say....even more shameful.

[brahmsnliszt] 09/7/2015 12:21

Have to say that idiot Mike hanging around here like a bad smell after being bearish this from 1.65 is brave.Looks a complete twit after it hitting 2.50. Should have gone to specsavers.

[ny boy] 09/7/2015 11:42

Boris the Russian imposter was very funny but just too obvious lol!

[elcapital] 09/7/2015 11:10

I think he has missed the boat now, My target is around two quid to close

[aishah] 09/7/2015 11:04

Evil to short?

[connor23] 09/7/2015 09:08

Well my buy was rather ill thought out but now the dust as settled I don't think it was that bad for FOXT. Maybe a recovery from here now the mkt can see direction of Govt policy for parliament.

[elcapital] 09/7/2015 08:51

Thanks brahms

I would NEVER ridicule ANYONE for taking a profit, however large or small. That is why we do what we do day to day. CR doesnt know when to take a profit, and so loses much of the upside, a naive way of trading usually taken by newbies. That is fine, but if you go around shouting you are the expert, then you have to act like it.

[brahmsnliszt] 09/7/2015 08:43

That's it elc.20 pct gain is to be congratulated. I got ridiculed for taking just under 40 pct in 3 weeks insinuating I was having an orgasm over a made up £500 profit.....(which I wasn't)I wonder who the amateur is sometimes considering I trade professionally for the day job. Never ridicule anyone taking a profit no matter how small it is.Anyway, hope ur level gets hit.

[elcapital] 09/7/2015 08:34

I agree. You should never listen to the ramping CR, he is an amateur who thinks he is a pro. He does pick some good stocks to be fair, but he doesnt know when to sell, typical of a naive trader. Im short from around 250, and my target is almost hit, it will not be long now. Nice 20% profit n a short period.

[anony mous] 09/7/2015 08:10

As I said last week....sub 2.00 might be worth a punt.Feel sorry for peeps who bought over 2.50 with the ramping from cr.

[elcapital] 09/7/2015 07:22

OK, CR is just an amateur who thinks he is a pro.He has ideas above his station. I have caught him out on a few things so far , and will continue too. He has called me things yet he agrees with me on so much, so I think he is a moron, as is NY boy who repeats my posts just after I have made a point.

[ny boy] 09/7/2015 00:37

Thought the documentary was a bit silly really, no Russian ever carrys on like that lol!

But some of the agents were falling for Boris

Nothing we didn't already know about the dirty money that has helped fuel the prime London market since 2000's

[brahmsnliszt] 08/7/2015 22:14

I can see foxtons getting reamed in this ch 4 docu.

[doodlebug4] 08/7/2015 21:37

Well said! Trust your own judgement, there's nothing worse than seeing a nice paper profit turn into a loss because you listened to someone else.:-)

[brahmsnliszt] 08/7/2015 21:26

Agreed, he's no "bad boy" imo. I just got a bit irked the other day when I was indirectly ridiculed by him for taking nearly 40 pct profit on sty in a matter of three weeks. So what if I sold early and held it for only three weeks. I've held large rapid gains before only to see them evaporate.Anyway won't hold it against him ....much haha.