Purplebricks Share Discussion Threads

[ny boy] 28/2/2017 15:34

Well done those still holding, it's certainly been an impressive run up, no idea where it's going from here but it will be interesting to watch.

I did toy with investing but went for a few other stocks which have done well but not as great as these.

I still hate the logo colours and trading name but what do I know. My only concern here is expansion into the US, sometimes first mover advantage is not always a great thing, time will tell.

[gorilla36] 28/2/2017 15:29

au24 - Why did you not put a stop loss on and move it up with the rise? I assume you made some profits though?

[au24] 28/2/2017 15:08

Well done to those invested here. I bottled out at 155p :(

[saltaire111] 28/2/2017 14:50

Yeay - a milestone's just been achieved for me. PB is now a one-bagger!

Happy days.

Salty

[blueball] 28/2/2017 12:59

Lets get this to 300p this week cheers.

[dt1010] 27/2/2017 17:31

Should be called Brown Bricks

[au24] 27/2/2017 11:12

A house near me was selling with PBrick, now PBrick board is down and local estate agents board is up. Not sure PBrick are selling many!

[croasdalelfc] 26/2/2017 19:21

Interesting that 11 out of 30 Sydney listings are auctions @ $6600 or £4100. This weekend there were 925 auctions in Sydney. I think they hold them once a month.

[blueball] 24/2/2017 21:37

Wait till it hits 300p next month.

[rogthepodge] 24/2/2017 13:47

Purp seems to have 'first mover advantage'in the same way that Rightmove did.
Presumably, that is why it is rushing into Oz and USA.
USA is a risk though, as things do not always work there as they work elsewhere!
But as long as it doesn't invest too much, and can cut and run if necessary, it should be ok.
It's model seems to be working in U.K. where it must be the biggest, and is investing in marketing the brand.

[dmk1198] 23/2/2017 22:38

Openrent.co.UK is such a good service for letting,if they move into sales PB might have more competition..

[runthejoules] 23/2/2017 21:44

The people who'all be losing money here are the other estate agebts who don't adopt this gig economy model fast enough. Purple bricks reps will soon be showing buyers round their old offices.

[dt1010] 23/2/2017 17:11

My mum lost £2500 on Balt. I never put a penny into it as I had no money then.

NY I see you followed me over here from your darling Foxtons lol

Looks like you bought the wrong stock.

Bless.

[croasdalelfc] 23/2/2017 16:53

677 instructions in Australia since Sept and adding about 40 a week. They have 54 LPEsSydney started about 4 weeks ago and they have 30 instructions.By end of April there should be 70 a week.That's about £1 million a month.

[ny boy] 23/2/2017 14:56

DT Oh I see why you are bitter about every stock, I guess you lost a load in Baltimore.

I never pile into one stock, I have a broad portfolio, some low risk multi national, mid caps and a few spec higher risk ones

The only think I don't like about this one is the name purple bricks ffs, sounds really naïf..I just sold my house through purple bricks lol Surely they could have come up with a better name. Not sure about expanding into the US, they haven't even established themselves in the UK! Watching but not invested.

[saltaire111] 23/2/2017 13:30

Purp should invest a significant amount of the placing on advertising - this is exactly the right thing to do. They need to continue to build the brand. This is without doubt a risky business but the prize for the dominant player, which Purp is making good progress towards, is massive.

I've made the direct comparison with Rightmove on here before and I've been criticised for doing so. But it is a fair comparison and Rightmove should be watching Purp closely.

Salty

[au24] 23/2/2017 11:26

One guy on here remortgaged his house to raise even more cash to throw at Balt,as he was so convinced he was on a winner. Lost the lot, house savings and possibly his wife. He was crying on here back in 2000 ish.

[gorilla36] 23/2/2017 11:12

DT1010 - Admit it, you either sold out too early or did not buy at all. We've all done itmate. Remember before it went belly up, Baltimore Tech made a lot of people at lot of money (and lost a lot of people even more money). The trick is to be on the right side of the trade...no?

[dt1010] 23/2/2017 10:41

It is a bull market. A BS one.

[jitters3] 23/2/2017 10:39

Lot of jealousy they didn't buy in more like

[blueball] 23/2/2017 10:30

In a bull market they could be worth 1000p a share.

[steptoes yard] 23/2/2017 09:46

So many bears on here no wonder there has been a bull run. Bit like the general markets, everyone calling for a crash whilst the bulls climb the wall of worry

Not in this myself but this is an eye catching pop at the US. They only tend to support their own so it's a big call