Purplebricks Share Discussion Threads

[cowtrader] 19/9/2018 14:24

sb888 they will have no option to drip feed them into the market... axel springer have been tucked up like a kipper here lol. If they continue to drop like they are then i might be able to afford to buy them lol.......... 80m market cap is fair for this company.... which would equate to a share price of 27p .... realistic as they are yet to make a profit.... whatever is made in the UK is shuffled around to cover US & AUS losses. they have expanded far too quickly and now they are facing the consequences of doing so.

[ny boy] 19/9/2018 14:22

Interest rates are rising..avoid imho.. until the unwind has completed

[rackerrs1] 19/9/2018 14:18

Pig Filth...the big bad wolf is going to huff and puff and blow your house down in PLUS lol

[cowtrader] 19/9/2018 14:17

chucko1 just because PURP is oversold right now doesn't mean it won't continue to be oversold for some time.... the share price is built on sand lol

[sb888] 19/9/2018 14:17

cowtrader who is going to buy them? woodford if full.

[sb888] 19/9/2018 14:16

Numb nuts...the big bad wolf is going to huff and puff and blow your house down lol

[cowtrader] 19/9/2018 14:15

Quote: bbmsionlypostafter18 '150p by Xmas'............. lol this could be hitting 150p well before xmas my man!...................And anyone from Axel Springer reading this...... I know you want to dump your shares and cut your losses...... do it!!!!! go on!!!! you know it makes sense to do so! you need the share price to go back up by a huge 66% just to break even lol..... with a uk property bear market around the corner we both know it is not going to happen is it lol.... cut your losses and stop the rot.... before the rest of your investment falls into the black hole.... and remember, there is no shame in getting investment advice from a farm animal

[ny boy] 19/9/2018 14:15

Once the major support went, it was like a pack of cards, now heading for 137p support


NY Boy - 16 Mar 2018 - 09:50:29 - 4549 of 5879 Purplebricks changing the experience of property transacting - PURP
Major support @ 350p broken, the next support is at 137p

[sb888] 19/9/2018 14:09

i think the axel springer investment was part of something much bigger, they paid a premium from memory. Still pretty stupid though

[chucko1] 19/9/2018 14:06

RSI on PURP currently at 18.14 - extremely oversold signal! That’s the good news.

The bad news is that the RSI can rise again (above 30) over the next few days without the price recovering.

Just saying ...

[rathean] 19/9/2018 14:02

Got my buy-in trigger set at 175... within the week?

[porsche1945] 19/9/2018 14:00

Down to twenty five pence then taken private. Another Woodford Winner. His rosy view of post brexit UK has done for him, it was never going to work out ok, property reccssion on the way.

[cowtrader] 19/9/2018 13:53

Update on Axel Springers strategic investment......
125m worth of shares bought at 360p......
Share price right now - 220p........
value of loss - 47.5 million...... and it is a loss because at the end of the day they can only sell the shares for what they were last traded for... which at the moment is 220p...
that is 4.5 million more thrown into the black hole from when i last did the calculation a few hours ago lol....... something tells me there is a distinct lack of 'strategic' in their investment lol..... someones heads are going to roll at axel springer thats for sure! get out whilst you can. this has some way to fall yet IMO.... DYOR of course & certainly don't take your investment advice from a farm animal

[cowtrader] 19/9/2018 13:53

Update on Axel Springers strategic investment......
125m worth of shares bought at 360p......
Share price right now - 220p........
value of loss - 47.5 million...... and it is a loss because at the end of the day they can only sell the shares for what they were last traded for... which at the moment is 220p...
that is 4.5 million more thrown into the black hole from when i last did the calculation a few hours ago lol....... something tells me there is a distinct lack of 'strategic' in their investment lol..... someones heads are going to roll at axel springer thats for sure! get out whilst you can. this has some way to fall yet IMO.... DYOR of course & certainly don't take your investment advice from a farm animal

[hvs] 19/9/2018 13:31

there is a shortage of bricks be they purple.

very very nice graph.

[cowtrader] 19/9/2018 13:24

yes phowdo the Bruce brothers will be laughing all the way to the bank because they have trousered a small fortune from shares alone. They do however still both hold a lot of shares though so they won’t like seeing the price tumble like it is at the moment

[andy] 19/9/2018 13:16

rogthepodge19 Sep '18 - 12:14 - 5861 of 5869 0 0 0


where are the L.P.E.'s going to go in a downturn?


-------

The Jobcentre!

along with some of the dinosaurs from the High St.

[phowdo] 19/9/2018 13:04

Directors must be mighty relieved they managed to offload £25M at 360p/share.

[bmcb5] 19/9/2018 13:02

Hey @sb. This is where you and Andy have been hiding :-)

"Amateurs want to be right. Professionals want to make money" springs to mind

[sb888] 19/9/2018 13:00

I dont get numb nuts style of trading

He rightly picke out a key support level, yet does nothing when it is broken

He buys when TW says sell, just because TW says it

It makes no sense

[cowtrader] 19/9/2018 12:55

it doesn't matter if it's online or high street.... there aren't many winners in a property bear market i'm afraid...

[sb888] 19/9/2018 12:50

You still long numb nuts? It might not start with a 2 this week the way its going.

You really should drop this POS now, sunshine. Cant short in the ordinary way, so had to go undercover

[cowtrader] 19/9/2018 12:37

i suspect many will continue on the estate agency carousel of hopping from one agency to another whether it be online or high street, many of the estate agents at yopa, emoov, tepilo etc are former bricks LPE's, and others may even leave the industry altogether. it is sad for all the job losses but the truth is many agents will go under in the next 6-18 months...the profit and loss accounts are not looking good... unless you are in the elite (top 5%-10%) agents in the country with the best reputation in your trading area you simply cannot go out blanket charging all sellers a £3000 minimum EA fee any more and get away with it.... we are not in 2005, 2006 or early 2007 any more... it is now survival of the fittest and only the best agents in the towns and cities will prosper..... look at emoov.... merging with tepilo AND urban.co.uk.... why did they all three merge? would all three of these online agencies still be trading today if they continued to go it alone?

[bbmsionlypostafter] 19/9/2018 12:33

Honk honk!!

[topvest] 19/9/2018 12:25

A good case study this will make in due course.