Purplebricks Share Discussion Threads

[rogthepodge] 24/11/2017 19:38

and then lose money again, Andy?

[ltcm1] 24/11/2017 16:57

Andy re stamp duty the IFS I think gave a damning verdict, all the savings will go directly go to the seller not the buyer and only 15000 buys will be a direct result. a very poor use of the money and purely political tinkering. I think what it will do is provide a level of confidence until the spring, so the Purp bounce feels like a relief rally to me.

Ofcourse there is also the Help to Buy farce in the background, the govt is taking a 40% stake in every new H2B house in London, a stake which is only a second charge and unlikely to be recovered if people have to sell ie become forced sellers. As you say, why have they got so hugely involved in property?

Is this the start of a 280 - 400 trading range until the spring?

[elcapital2017] 24/11/2017 16:29

Seems to run out of steam as it approaches 400

[andy] 24/11/2017 16:15

Rog,

If I close, I'll wait for the next (perceived) top and reopen again.


I think the valuation here is ludicrous, and the housing market is reversing, so I will back that judgement.


Market cap over £1 billion again now!

[elcapital2017] 24/11/2017 14:49

im filtered? as you know i bought back

[rogthepodge] 24/11/2017 14:42

and your short positions
el absolutely no capital

[elcapital2017] 24/11/2017 14:15

youre still 170 off the top numb nuts

[rogthepodge] 24/11/2017 14:14

it might end badly one day

but maybe not quickly enough to save your short position Andy

[elcapital2017] 23/11/2017 21:16

Yeah of course I'm filtered numb nuts. You commented when I closed my short for 110p a share profit.

[andy] 23/11/2017 21:16

Rog,

I still have my short at 378 running.


I closed the other one and took the small loss on the chin.

[tonybaloni] 23/11/2017 20:13

I hope all you shortys rode this up from low 300's Please be aware the value of shares can rise as well as fall, and you may get more money back than your initial investment !!

[rogthepodge] 23/11/2017 19:47

oh sorry! elnocapital is there

got him on filter, so didn't notice him

he's never said anything worth listening to

[andy] 23/11/2017 17:32

lucky,


Woodford has just added, so you may have a point!


And I was thinking he bought to support the price, but maybe you're right?


Market cap approaching £1 billion again now.

[elcapital2017] 23/11/2017 16:51

It's in shorting range again. Not quite ready but close

[ny boy] 22/11/2017 16:48

Investors loving FOXT today, bounce to 92p on.

[rackers1] 22/11/2017 16:10

he started stalking me BBM's - go back to your love in with the muppet . you deserve each other.

what u gonna post now the failed auction has finished ? lol

[rackers1] 22/11/2017 15:14

another wise investor knowing cancerous filth when he sees it



25wbh22 Nov '17 - 14:38 - 4380 of 4382 0 0
Hes been filtered by me for years rackers

[dangersimpson2] 22/11/2017 14:11

I think it's clear by now from recent performance that Neil Woodford doesn't have any great investing skill outside of running a large cap income fund and recently he's made major strategic errors in this area filling his income fund with loss-making start ups and unquoted companies that don't pay dividends.

He also seems happy to support the price of falling holdings by buying more. This may have a short term impact on supply and demand but as Allied Minds shows in the long term it's the company performance & valuation that matters and he just ends up delivering larger losses for his investors by incremental purchases.

So given his current poor investing performance in this area & the redemptions he's facing I think his buying more is not necessarily a long term positive for the company.

[tonybaloni] 22/11/2017 13:45

Saving up to £5k if my sums are right