Onthemarket Share Discussion Threads

[superslickrick10] 17/9/2018 14:30

Major London 30 branch estate agency Stirling Ackroyd and Townends sign up with their properties going live earlier today....

This is about to kick off big time

[superslickrick10] 07/9/2018 09:04

SP up 9pc this morning for no apparent reason.

Righmoves market cap is still some 40 times more than OTM and there having to raise fees, with rumours being that it's due to many agents cutting their premium listing packages and diverting to social media for brand advertising instead.

Plenty of room for upwards scope on this one.

[hibberts] 07/9/2018 08:10

Good news for OTM.

[superslickrick10] 06/9/2018 10:46

Watch the share price go now over the next few months. Big marketing campaign starts soon.

This is going to be the easiest 40%+ made this year.

[someuwin] 05/9/2018 14:33

"OnTheMarket now carries more than 600,000 UK residential property listings which is approximately 60% of the stock listed on Rightmove and approximately 75% of the stock listed on Zoopla."

[duckdown] 03/9/2018 15:56

Well at least they've got 1 user!

[davep4] 03/9/2018 13:13

Who actually uses OnTheMarket?

Answer: I do.

[duckdown] 29/8/2018 12:48

Who actually uses OnTheMarket?

Answer: Nobody.

[superslickrick10] 20/7/2018 14:18

Simon Shinerock, the owner of the estate agencies leading trade magazine Estate agent Today and up until now, the most well known ardent critic of Onthemarket, today backs the challenger portal to Rightmove....

hxxps://www.estateagenttoday.co.uk/features/2018/7/onthemarket-vs-rightmove

Othemarket currently trading at some x45 less than Rightmove. Time to pick up some more cheap shares I think.

[hibberts] 18/7/2018 16:04

Summer doldrums is usually a good time to pick up some cheep stock which is exactly what I have been doing.

[superslickrick10] 16/7/2018 10:06

Trouble ahead for rightmove?
Analyst notes RM's inability for manoeuvre as opposed to OTMP.
Interesting times ahead in the property portal landscape.

hxxp://www.propertyindustryeye.com/challenging-times-for-rightmove-as-agents-could-quit-for-onthemarket-claim/

[igbertsponk] 29/5/2018 08:38

45%, still less than half. Not good.

[someuwin] 29/5/2018 07:18

RNS Number : 4019P
OnTheMarket plc
29 May 2018

29 May 2018
OnTheMarket announces listing agreements with over 8,500 agent branches, adding 3,000+ branches since Admission to AIM in February
OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, is pleased to announce that as of 25 May it has signed listing agreements with UK estate and letting agents with more than 8,500 offices. This increase of over 3,000 branches since Admission on 9 February represents growth of more than 54% in less than 4 months. The Company believes that it has listing agreements with approximately 45% of UK residential estate and lettings agency branches.

The Company's progress in adding agent offices since Admission on 9 February 2018 is shown in the following table:

Date
Offices added since Admission
Offices in contract
9 February
-
5,500
14 March
1,000
6,500
25 April
2,000
7,500
11 May
2,500
8,000
25 May
3,000
8,500

In May, OnTheMarket has been running its heaviest weight of national TV advertising since the launch period of OnTheMarket.com, as well as its first outdoor poster campaign across London, which has been rolled out over 1,500 sites. A key theme of these advertising campaigns is the "New & exclusive" properties, whereby many agents choose to list their new instructions at OnTheMarket.com in advance of listing on other portals, giving OnTheMarket a competitive advantage by appealing to active property seekers, who are the Group's key consumer focus, and in turn providing listing agents with high quality leads.

Increased consumer engagement with OnTheMarket.com is reflected by the growth in property alerts set up by users - now over one million active alerts, which trigger automatic delivery to users' inboxes of the details of newly added properties that match their search criteria.

In March 2018, the Company announced that traffic to the OnTheMarket property portal reached c.12 million visits* in the first full month since Admission to AIM. This was more than double the visits compared with February 2018 and compared with March 2017. In April 2018, traffic to the OnTheMarket property portal increased further to reach 13.7 million visits* in the second full month since Admission to AIM. This compared with 5.5 million visits in April 2017.

Ian Springett, Chief Executive Officer of OnTheMarket, said: "We are extremely pleased to be continuing to exceed our own expectations of the overall number of agents signing up, and to have achieved this latest milestone of 8,500 offices just two weeks after reaching 8,000 offices. In sustaining this pace of expansion, we are very strongly encouraged by the growing agent support and feedback to our proposition. We remain committed to creating an agent-backed, full scale challenger portal that injects some much-needed competition into the property portals landscape by disrupting what has for too long been effectively a cosy duopoly."

* Visits comprise individual sessions on OnTheMarket.com's web based portal or mobile applications by users for the period indicated as measured by Google Analytics.

[someuwin] 25/5/2018 09:23

Moving up nicely now.

[someuwin] 14/5/2018 10:53

There's a land-grab going on in this sector.

[hillofwad] 12/5/2018 08:27

OTMP are next in the sights for the shakers and movers now that ZPL has been torched

Springett will be casting his net around to bag an investor with deep pockets for an exit and profitable early bath
Real opportunity could easily bag purplebricks /Axel to take on the big 2

[hellooldfruit] 02/5/2018 12:32

7.5k agents
420,857 properties listed (43% more than at IPO)
1,023,274 property alerts active

looks to be growing strongly

[duckdown] 11/4/2018 13:04

It's worthless. Nobody uses the website and agents realise that.

[martywidget] 11/4/2018 08:13

Perhaps surprisingly, there still doesn't appear to be any significant short position at present.

[tarrant777] 10/4/2018 12:50

Soon be under a pound.A shorters dream stock.

[ny boy] 27/3/2018 12:22

A pointless stock, nonwonder it’s gone down, itvwill be loaded up with debt in a rising rate environment, bad news for investors imho