M Winkworth Share Discussion Threads

[127tolmers] 20/12/2013 19:01

Another franchiser coming to market.

[dashton42] 17/12/2013 17:51

Ah right, I must've misunderstood what cold starts are. If they're new office starts by franchisees, how does that impact adversely on WINK, in terms of profitability?

Excuse my ignorance - I can't say that I know much, if anything, about the details of the franchising model. Will WINK be providing the bulk of the start-up costs, or would the franchisee? I'm confused.

[wjccghcc] 17/12/2013 10:13

It's still the franchise model. Cold starts means their franchisees opening new offices.

[dashton42] 17/12/2013 09:32

Good point, and the practice of cold starts is somewhat at odds with the last finals, in which they said that the franchisee model was their preferred option.

I wonder how the costs of cold starting an office and conversion of an existing brand compare, and also the overall returns from both methods...?

[127tolmers] 17/12/2013 08:42

dashton, I agree with you in many ways. However the twist is in the tail. They were highly cash generative in 2013 but now are having to invest more cash per office in cold starts. This has implications on profitability and dividends.

[dashton42] 17/12/2013 08:32

A generally very positive trading statement today - it's always gratifying to see the words "...ahead of market expectations" in an RNS.

Hopefully this should help to underpin the share price ahead of the finals next year.

btw, Anthony Snarey's large sell was presumably in advance of him stepping down from the board? Nothing particularly ominous there, imho.

[127tolmers] 29/11/2013 11:56

More selling by insiders.

[127tolmers] 07/11/2013 15:07

Typo56, yes announcement says he sold 90% of his holding ie 800K shares.

Not a big vote of confidence in the company!

[typo56] 07/11/2013 10:43

Large trades this morning. Anthony Snarey selling more?

[dashton42] 25/9/2013 07:20

Maybe pjhutchy, but those look like good interims to me?

[pjhutchy] 23/9/2013 17:51

Coming back down to earth. Rating a bit high with all the housing hype around at the moment

[dashton42] 30/8/2013 11:15

Yes, and tightly-held shares, I'd imagine

[127tolmers] 30/8/2013 10:27

Ability to put this in an ISA, Foxtons IPO and housing bubble still driving prices up

[127tolmers] 06/8/2013 12:26

Sold half at 187 today and will let the rest run.

[dashton42] 06/8/2013 10:41

Another stonking performance so far today - up 10.3% currently. Where will it all end?!

[dashton42] 01/8/2013 12:10

Yes, there seems to be a bit of a (dare I say it) bubble at the moment in property, with the Government's Help To Buy, and relaxation of the planning permission required for commercial to domestic property conversion.

It's especially welcome to see the WINK re-rating, as the share price has done squat-diddly for a long time. I was happy to hold though, as I like the quarterly divis.

RMV, which I also hold, released very well-received results yesterday.

As you say, it all bodes well for the sector at the moment.

[127tolmers] 01/8/2013 08:12

tiger20 - dashton42 captures my views as well.

Good results from Countrywide today shows this is a hot sector.

[dashton42] 30/7/2013 07:04

tiger20 - I'm not qualified to recommend shares - I just try to post the occasional link for stocks I own, or am interested in. DYOR is always the best policy.

Hope you do well with WINK though if you did buy some.

[tiger20] 27/7/2013 13:34

Well done 127Tolmers & dashton42 just read bothe previous posts will but a few on Monday

What else do you recommend

[dashton42] 25/7/2013 17:27

...and Investors Chronicle tips WINK a Buy today. Nice for this minnow to get some coverage at last.

[dashton42] 24/7/2013 12:59

WINK gets a positive mention on the Investors Chronicle website today:

[127tolmers] 15/7/2013 14:17

A nice looking chart since May mirroring the endless good news coming out of the housing sector.

[dashton42] 19/6/2013 14:15

It's good to see the recent share price uplift in WINK, although on low volumes, so far as I can tell. At least this stock now seems to be slightly more on investor's radars than it has been for much of the time I've held it.

[127tolmers] 05/6/2013 17:27

Reasonable results stripping out exceptionals.

Clear strategy, clearly delivered. 8 new franchises last year and the same expected this year. National advertising campaign planned and roll out of new interiors.

A bit of buying today continues to push up the share price.