Purplebricks Share Discussion Threads

[trendspotting] 17/5/2023 09:12

Trying to get some and keep getting no quotes. Looks like this is about to rally from the bottom like ITS did.

Bargain of 2023 at anything under 1p.

400p to 0.85p.

Madness.

[tomboyb] 17/5/2023 09:10

The maximum return given is £2million -

However, I think it will be below that as cash ebbs away and earliest return in Q1 next year -

Factors given in the RNS may change (not for the positive) -

[the_fiddler] 17/5/2023 09:10

If you know, you know.

You should be buying. Level 2 flipped to 80s and buys at 76s being reported as sell.

Oversold.

[tomboyb] 17/5/2023 09:08

While the timing of the return of the Net Cash Proceeds will depend on completion of these matters, the current expectation is that such return will not be capable of being effected before Q1 2024 at the earliest.

It is currently anticipated that the Net Cash Proceeds will be approximately GBP2 million. The exact amount however of the Net Cash Proceeds available to be returned to Shareholders in a members' voluntary liquidation will be dependent on a number of factors, including:

[eyeofthetiger] 17/5/2023 09:07

Rude not to be in at this level :)

Ciao for now.

[wrecktangle] 17/5/2023 09:07

Same thing happened in POLY the other day.

Taken doen to 1.29 and now back at 2.6p less than a week later.

I love derampers but the one thing I love them for is getting us to the bottom.

As someone said above, this is now a trade like ITS but the fair sell price was going to be 2p. Once this 70s churn is over, MMs will take this back over 1p.

Got to be in it to win it.

[shinnas] 17/5/2023 09:05

trade opportunity of the century

[kreature] 17/5/2023 09:03

Check again maybe, looks undersold to me

[wrecktangle] 17/5/2023 09:02

This is oversold.

All those deramping are clearly buying between 500-1M. The sale price was 2p. This is going to rally back in a while. Watch for the sentiment change in forums soon.

Buy when they spook you into selling. Let's see where we are by close of play tomorrow.

[shinnas] 17/5/2023 09:02

its up and up from now...missed the bottom

[zen12] 17/5/2023 08:54

As far as I can see it's the stop losses that have triggered this fall lol

[farrugia] 17/5/2023 08:54

HARL is another money trap - stay clear! Go for Hummingbird if you want a gamble!

[genierub] 17/5/2023 08:52

Stop losses haven't been triggered yet. This is going to tank once RNS is digest.

ONE POUND SALE!

[kreature] 17/5/2023 08:49

Oh well done. Ram the company into the ground and protect ‘stakeholders’. Wonder who they might be.

[taffer87] 17/5/2023 08:49

guessing Zeus and PWC will take a million quid too beforesharehodlers

[blackhorse23] 17/5/2023 08:49

out with loss & bought HARL

[blackhorse23] 17/5/2023 08:48

Fraudulent company

[farrugia] 17/5/2023 08:37

anyone care to tell me what the directors salaries were here!? how was cash falling so fast? And how come the directors bought heavily....

[tomboyb] 17/5/2023 08:33

The problem is that some on Twitter think that the distributable cash reserves will be in what is actually left -

Not quite -

There will be other costs, which will have priority -

Cash will be burnt before any distribution, and as quite a lot of investors have found out, that in a situation like this cash disappears a lot quicker than envisaged -

[oscar nosher] 17/5/2023 08:28

You gotta laugh at this clueless loser …

——-
genierub 11 May '23 - 08:21 - 343
1.5p being paid.

Impossible to buy. Need to make a phone order.

Goes NT every few trades.

I can see a bounce from here.

From 400p to 1.5p.

[tomboyb] 17/5/2023 08:17

Its over -

Cashburn was way too high anyways -

Markets for the next few years and going to be about Energy and Commodities -

[kirk 6] 17/5/2023 08:14

Says return to shareholders wow

[mally6] 17/5/2023 08:14

No hope left with this