Foxtons Share Discussion Threads

[ny boy] 13/10/2015 22:53

If there is going to be a property crash, new build in London will be the catalyst – and it starts in SW8. Whether it’s failed football stadiums, theme parks or shopping malls, Battersea Power Station has a proven and remarkable record of failure for its investors. I suspect when all is said and done, that’s where they’ll locate the detonator

[ny boy] 13/10/2015 22:14

Gaining momentum to the downside, as I have been saying for a while, the prime London market above £1.5M is dead in the water, foreigner buyers have disappeared and stock piles are increasing rapidly, especially apartments in Vauxhall/Battersea riverside.

Now we head into Winter with few buyers, if there are any, they are expecting hefty discounting otherwise they will just sit on the fence for cheaper prices.

[ny boy] 08/10/2015 16:04

Bubble has burst in Prime Central London, takes a while to filter out into the suburbs, usually happens when the have sucked in everyone at the top.

Rinse and repeat every decade or so.

Plenty of numpties that have been caught with their pants down in Battersea riverside, thousands of apartments unsold and loads more stock coming to market.

[aishah] 08/10/2015 14:55

Heading towards £2?

[ny boy] 30/9/2015 22:55

The prime central London property bubble has burst, there is carnage out there, foreign buyers with dodgy money or not have all but disappeared, piles upon piles of empty property remain unsold. The nightmare will really kick in when interest rates start to normalize.

[cockneyrebel] 25/9/2015 13:51

Trending up and testing the recent highs.

CR

[aishah] 24/9/2015 13:08

Estate agents warn property market is reaching 'crisis point' as number of homes for sale falls to 11-year low

Properties for sale fell 31% in August compared to last year
This is the lowest since January 2004
Sales to first-time buyers fell to the lowest level in a year


Read more:

[dlku] 18/9/2015 08:43

House price rises suffer summer slowdown, says nationwide
The traditional summer slowdown in the property market has seen UK house prices rise in August at their slowest annual pace for two years, according to the latest survey from the Nationwide.

[dlku] 18/9/2015 08:26

profit warning here at any time imho


NO advance notice will be given but on the expected event the price may drop to 150p

if you have 10,000 shares you will lose £10,000

[dual313] 18/9/2015 08:10

Rates on hold longer can only be good fir foxt

[mike740] 17/9/2015 16:54

FOXT geting rogered.

Slight raise today, .......................................forget it its a wash out and gone EX GROWTH.

Only time now before it drops to HELL.

[cockneyrebel] 17/9/2015 16:37

Looking rather cheap here again now imo - brokers tweaking up forecast, nearly 14p eps forecast for the coming year.

Get a slight upgrade and they start to look too cheap to ignore imo.

All imo

CR

[ny boy] 14/9/2015 20:14

What no foreign buyers or dodgy money left to buy some nice over-priced central London property?

Trouble at the top...

The owner of the most expensive flat on the open market, Apartment C.08.1 in One Hyde Park, has offered to cover the mammoth £9m stamp duty bill staring down potential buyers.

Savills has been instructed to advertise the fact that the £75m guide price is now “inclusive of stamp duty”, the bill for which effectively shot up by more than £3.5m on this place overnight after George Osborne’s surprise reforms in December.

[ny boy] 09/9/2015 18:41

Sell close to 300p for the collapse to 100p next year, prime London prices are slumping at an alarming rate.

[ny boy] 09/9/2015 18:40

Winkworth has reported a 17% drop in pre-tax profits in its latest set of results, after sales were hit by all that uncertainty around the election.

Pre-tax profits fell to £663,149 in the six months to the end of June, while cash generated was down 34% to £290,240 from 2014’s £436,582. Revenues rose by 3.2% to £2.57m.

[dual313] 09/9/2015 12:07

Goldman Sachs called it neautral but upped their target price

[werewolfie] 09/9/2015 11:29

I bought in at £2.69. Was considering a sell but will hold for now

[cockneyrebel] 09/9/2015 09:45

Agree Ayl30

CR

[ayl30] 09/9/2015 09:41

Any chartists care to speculate on direction here? Seems to be regaining some of its poise following a rocky couple of weeks? (I have chunky holding)

[telbap] 09/9/2015 08:51

Ny boy.......it will end with a very very load pop!