Purplebricks Share Discussion Threads

[scanjet17] 01/4/2016 12:41

You notice how, in a sea of red, Purplebricks maintains its price.....
I wonder why........?
The expensive dinosaurs may have had their day - together with their posters....

[dt1010] 31/3/2016 15:24

Trend lol follow it down when the figures come out ROFL

[trendfollow] 31/3/2016 11:52

Good luck guys one day you may make money I have a feeling thats a pipe dream though for most of you, price action is all that matters...

[dt1010] 31/3/2016 09:15

Where, Guilford?

[hillofwad] 31/3/2016 07:24

That sounds like the lady who covers my patch who is based in Snowdonia and she had barely heard of the village

[dt1010] 31/3/2016 02:56

Hahaha read the comments below that article!! Re the 'local experts claim Purp make:

'I would be interested to fully understand the ASA’s stance on their use of “local” property expert. One of my clients (who signed with me at 2%) discounted PB on the basis her local property expert didn’t know exactly where the property was, changed the appointment time twice and was driving from her other “local” patch some 48.1 miles away on the east coast!!'

Hahahaha this gets 46 upticks!!!!

Also:

Typhoon
MARCH 30, 2016 AT 7:47 AM
And are we surprised at this report? What is bitterly disappointing and simply plain “WRONG” for consumer safety, is that NAEA,B ARLA,Zoopla, Rightmove and the Ombudsman all accredit this shambles of customer service and supposed “local expert” garbage. Watch the industry fall through rate rocket.'

Frankly PB are a shambles and an embarrassment to the industry.

They are enough to tarnish all online estate agents with the same stinking brush.

[lordshaw] 30/3/2016 09:38

www.propertyindustryeye.com/three-complaints-upheld-by-advertising-watchdog-against-purplebricks/

[trendfollow] 24/3/2016 07:58

Lol yes its not rocket science trading! As i stated earlier in the thread I took off half at £1.25 more at £1.40, I just struggle to see peoples value and time second guessing what may or may not happen.

You buy a stock when it goes up, put a stop for me the last 1/4 postion is at £1.23 and you move on to the next trade.

This is how I make money anyway and it works for me! I hope you guys make money at some point too...

[dt1010] 23/3/2016 20:28

IT WILL NEED TO RAISE MORE CASH BY ISSUING MORE SHARES

JUST YOU SEE

[hillofwad] 23/3/2016 20:07

Well Trend Hope you are clever enough to get off the bus before the music stops

[dlku] 23/3/2016 17:51

Forecast to LOSE £13.1 million this year.


How much cash it got?

[scanjet17] 23/3/2016 17:37

You shouldn't take the selling fee in isolation. They also rake in cash from conveyancing, insurance, mortgages etc.

[trendfollow] 23/3/2016 16:07

Lol you dummies! Who cares about what ifs the market dosent care about our opinions.

I can repeat again bit late for most after a lovely 70% rise, price action is all that matters, a close below £1.23 would be potentially negative but until then its going to continue higher with a rising 50/100/200ma.

[hillofwad] 23/3/2016 15:17

Look Online estate agency is going to grow Its just bricks have risen to the top of the online offer quite quickly on the strength of a massive advertising campaign and some bigkicker investors Thye seem to have timed their listing to perfection when instructions have flattened out despite the saturation advertising Hydrus you have been lucky but you tell me how expert my local one is who lives 45 miles away and all the properties are totally unhomogneous in my vilage How is she is going to advise correctly when she coudnt tell me one feature in the village ?? Yes in a lot of cases like a purpose built block of 2 bed flats a quick swirl through recent prices and a quick count up of the opposition fairly simple to value What about Rightmove,On the Market and Zoopla they can easily slip in and provide some competition using their network of expert signed up agents Online will increase but not necessarily Bricks is Best

[peterpeter6] 23/3/2016 14:14

Can someone explain to me how this company is going to hit their profit targets?

Lets look at what we know so far...

1. 2,047 new instructions (last 30 days)
2. £1,000,000 media spend (last 30 days)
3. £1,080 is average PB fee per instruction (inc. VAT)
4. £250 is LPE comission per instruction
5. £692 is average PB fee per instruction after VAT & LPE comission
6. Cost of acquisition per property is £488
7. Gross profit per property is £204

Can anyone's maths point to how their profit targets are to be met?

If £1m media spends brings in 2,000 instructions, will £2m bring in exponentionally more?

It would need to in order to make this baby fly.

What do you guys think?

[prewar] 22/3/2016 21:28

Post your trades big shorters, otherwise you'll just appear to be all mouth.

[dt1010] 22/3/2016 20:11

No one else seems to realize that apart from you and me

[dlku] 22/3/2016 20:05

Why is the number of properties on the website not rising?

[dt1010] 22/3/2016 19:14

I am questioning the valuation right now

On what basis do we have a £308m market cap here?

It's not on the basis of revenue but pure hype

There are simply not enough instructions to warrant the valuation.

This will crash and burn when the numbers disappoint.

Right shoulder in motion before the cascade now.

Watch and see :)))

[hydrus] 22/3/2016 13:04

DT you've embarrassed yourself as another poster has pointed out, the 200 to 400k bracket is most of the market. Anyway we have had no issues with PB and if you chose to think I am on their payroll then that's fine by me. I think there is an opportunity for them to pretty much corner the online market which I think will grow exponentially

[scanjet17] 22/3/2016 07:58

Purplebricks is already the 4th largest estate agent in the country. They have first mover advantage and are growing rapidly to lever that advantage.
Paul Pindar, the non-exec chairman has a multi-million pound investment. He was a key figure in Capita's growth.
Over 4000 reviews online from happy clients. IMHO the shares are a buy.

[dlku] 22/3/2016 07:45

yeah when i see a PB board i think LOSER!

[prewar] 22/3/2016 07:40

DT so PB are only useful for houses in the £200-400k bracket, I'm sure they'd be happy with what must be over 80% of the national market. Strange as this sounds but they've actually come out of the caves outside of the SE now, they've even got houses with inside toilets and electricity.

Post your trades up when you short just so we can see your analysis backed up with a bit of action.

[dt1010] 21/3/2016 20:33

Lol you see a purple bricks board up and you think LOOOOOSERR!!!

Hahaha