Purplebricks Share Discussion Threads

[rogthepodge] 30/11/2017 17:26

hpch Cali is a huge market in itself

[elcapital2017] 30/11/2017 14:54

average just over 350. looking for about 10%

[hpcg] 30/11/2017 14:52

We don't know how well PURP will do in the US, but success is baked into the price. House purchasing is surprisingly parochial with lots of differentiation by locality. In the regard the US states are like 50 countries, and each European country is like its own country; no EU convergence as yet. Aus may have been a better expansion point, but it is a much smaller market in terms of transaction volume, and transaction price. California has the advantage that property prices are high in San Diego, parts of greater LA (the bits near the sea, downtown, the hills) and the whole of the valley, even Oakland. The delta between a fixed price and a percentage is thus more akin to London and the South East.
So from my stand point there is not a great deal of upside if California is a success, but a heap of downside if it isn't. Similarly stellar growth for the UK is also in the price. Balance of probability is for share price to go down from here, but that will be based on numbers and not on the specious bull and bear arguments rolled out here which are the very definition of noise.

[elcapital2017] 30/11/2017 11:16

Its short time again ...looks to have ran out of steam.

Any thoughts of a UK company yet numb nuts?

[elcapital2017] 30/11/2017 11:10

Why cant you name a few...or even just one then?

[andy] 30/11/2017 08:04

Rog,


It's a perfect civil question following on from your claim that many British companies have crossed the pond and made a success in the US market.


I only asked you to name a few, and now it seems you can't!


So you make a personal attack instead! par for the curse on ADVFN over the years, so sad really, human nature is a strange beast.

[elcapital2017] 30/11/2017 06:29

idiot! You cant name one! You need to back up your argument numb nuts

[rogthepodge] 30/11/2017 00:32

perlease!

what an astoundingly stupid question Andy

I have now lost any respect I once may have had for you

you are almost in the elmuppet2017 category

not quite, but very close to getting there

[andy] 30/11/2017 00:10

rogthepodge29 Nov '17 - 17:27 - 3546 of 3551 0 0

which UK companies have succeeded in the U.S.?

-------

Yes Rog, please name a few..............

[lord hindsight] 29/11/2017 17:59

Don't mind a bit of rug myselfWhat what what

[elcapital2017] 29/11/2017 17:55

You are a liar numb nuts.....and an idiot. ..and a rug muncher

[rogthepodge] 29/11/2017 17:52

elmuppet2017 don't waste your time

you are filtered mate

never had anything useful to say

[elcapital2017] 29/11/2017 17:35

It is expensive to train to be an estate agent in the usa. They have to be registered and pass an exam. By this numb nuts I don't mean the 100m front crawl, a proper exam, and have to pay ongoing fees. I don't think their model will be so effective in the usa as costs are much higher

[elcapital2017] 29/11/2017 17:32

..
...clearly numb nuts can't think of one lol!

[rogthepodge] 29/11/2017 17:27

which UK companies have succeeded in the U.S.?

don't make me laugh Andy

you are as uninformed as young Jak

you really think that no U.K. companies have cracked the U.S. market? LOL

[andy] 29/11/2017 17:12

rog,

Out of interest, which others?


What I see as the weakness here is the lack of a barrier to entry, anyone can replicate the model, and probably will.


If their model proves successful over the pond, it's hard to imagine them not having competitors sooner rather than later.


I can see UK high street agents offering both options, and that will be a serious competitor if they do that, as many people like to deal with an agent personally.

[rogthepodge] 29/11/2017 17:08

and M & S
Tesco is an obvious recent example
others have done extremely well though
how old are you Jak? you don't seem to have a long stock market memory
maybe TW should employ someone more experienced on his grubby little smear website?