Onthemarket Share Discussion Threads

[k0sh] 27/6/2020 12:55

The likes of connells and countrywide will jump on board, they will make a business decision and not let "grudges" hold them back.
If they let feelings dictate them, then they are not good at making business decisions.

[hillofwad] 27/6/2020 12:33

OTMP

Missed a golden opportunity of taking advantage of the discontent created by RM in reacting to the COVID situation badly.

Done little to allevaite the ill feeling amongst its original members who are not renewing contracts Zoopla seems to be the main beneficary here


Still havent attracted any of the big beasts Countrywide etc

Burnt their bridges with Connells


They cant even attract a new CEO

All very disappointing at best

[k0sh] 27/6/2020 10:30

If the cashburn concerns get addressed, and it looks like they will be, then we are looking a doubling of the share price from here.

[k0sh] 25/6/2020 13:26

Don't forget their stake in teclet who are almost done creating a CRM and have a major customer already.

[hibberts] 24/6/2020 09:50

Looking strong against a falling market.

[semaj2000] 23/6/2020 13:35

OTMP Podcast -

[k0sh] 18/6/2020 12:10

OTMP rightfully getting a re-rating.
Only a matter of time before it is worth £7 per share at least.

[brummy_git] 16/6/2020 13:12

15 mins interview here with Clive Beattie

hxxps://www.voxmarkets.co.uk/media/5ee3a13a9f98da001bbc4b05/?context=/listings/LON/OTMP/multimedia/

[aim_trader] 16/6/2020 12:51

OnTheMarket will be presenting at the Proactive One2One Virtual Forum taking place on Thursday 18th June from 6pm. For details and registration, click here:

[brummy_git] 12/6/2020 17:19

OTMP mentioned hear today

[hillofwad] 12/6/2020 14:54

Well yes of course Purplebricks and Yopa only have 1 office so that yardstick doesn't apply but Countrywide have over 600 offices

The point you seem to fail to grasp is having one of these big beasts on board increasing traffic will serve as a pump primer (maybe less so Bricks because of agent's animosity) to attract new business

The income side less important as no doubt they would be able to negotiate attractive deals in any event

[k0sh] 12/6/2020 12:58

What relevance? You are on this board and you ask that question?
The portals charge per office. The more offices they have, the greater the income, lol.
On the traffic front, this is going the right direction also.

[hillofwad] 12/6/2020 12:01

What relevance is income per region ?The important stat is traffic Thats what agents want to see otherwise they arent going to join.They need to land a big fish or they are toast


CWD have over 20k listed
Bricks 16,600

They havent even got Yopa where Savills have an interest

They don't even get considered by Homeowners Alliance

[k0sh] 12/6/2020 11:40

In addition, OTM has a stake in Teclet, which is launching a brand new state of the art CRM solution being launched in a few months.

[k0sh] 12/6/2020 11:38

PB has a decent number of properties nationwide agreed. But when you consider that they are listed under regions, then the income per region for the portals is negligible.

I believe PB's days are numbered. The new management are missing off the ground troops.

Not long to go IMHO.

[hillofwad] 12/6/2020 10:43

Well if you don't think an agent with 16k+ listings and associated traffic isn't a big prize for a portal -think again (LOL)

"It will go the way of all other such “agents”"

Unlikely to follow Emoov and others been on the premises since 2014,retained dominant position and with £40m cash in the Tommy wont be going anywhere soon( LOL)

Despite in need of some good management have already hit the ground running up to 85% speed in fresh listings compared to June 2019 despite Wales &Scotland being effectively still closed .Anything else?

[k0sh] 12/6/2020 08:32

Zoopla is dead outside London.

[k0sh] 12/6/2020 08:31

PB is not a “big prize”, lol. It will go the way of all other such “agents”.
Rightmove finally relented and put their prices down to stave off a rebellion. But not before a great big stink was raised by the agents. They have long memories, yes, they also know about the bottom line and Rightmove’s forever squeeze on their margins is bitterly resented.

[hillofwad] 12/6/2020 05:29

OTMP have had a golden opportunity to increase market share with the backlash on RM
but failed to milk it.

Not enough left in the Tommy to see them through so another capital raise on the horizon

Failed to capture the big Prize Purplebricks and clearly burnt their bridges with Connells

Shareholders only hope of a payday is that someone with some vision spots an opp to take this forward
I am not holding my breath

[k0sh] 11/6/2020 23:09

There is a fundamental change going on with the portals.
This share is not about the results now. It is about the shift away from Zooplankton and Rightmove which should reach a critical mass soon.
In addition, OTMP has been shrewd and is diversifying to agents CRM software with a large customer ready to go live in the Autumn.

Buy before the 100x increase. And it still will have a lower market worth than RM.