Purplebricks Share Discussion Threads

[kreature] 24/5/2023 17:26

Talking of hippo poo, will there be any bonuses handed out this month ?

[kreature] 24/5/2023 17:24

Tho wouldn’t surprise me if the script is for Strike to pull out of the whatever this is supposed to look like to theatre goers

[kreature] 24/5/2023 17:14

Nothing more than a broken roulette wheel now. Ie Steaming hippo poo

[kreature] 24/5/2023 16:35

All fatso can do is criticise with hindsight with a smug looking grin……Whats it got to do with him?

[zen12] 24/5/2023 16:29

Good buy, forget the traders and bystanders..no wonder they don't make any money lol

[kreature] 24/5/2023 16:28

1.5m cap……217;such a sham’ some might say ?
Why didn’t they at least just try a self service model before running it full speed into the sludge?

[orkneyarab] 24/5/2023 15:36

Hopefully by your balls

[johnjames876] 24/5/2023 15:29

Suspended tomorrow

[g2theary] 24/5/2023 14:10

Just wait for .2p then gamble ;)

[diku] 24/5/2023 13:13

maybe they after goodwill customers...eliminate competition...

[zen12] 24/5/2023 10:51

Why would they not go through with it? Strike have agreed the deal and its now only subject to PURP GM on 2nd June for shareholder approval as far as I understand it.

[kreature] 24/5/2023 09:45

Yeah there’s surely no way Anyone would genuinely want to take on the liabilities, to be realistic. £1 maybe, but via prepackaged admin without liabilities?

[kramreklaw] 24/5/2023 09:27

Kreature, are you suggesting PB couldn't get a sale over the line? Even their own, this time?

BY my quick calcs, they have around £1.5 mill left in the kitty once they have got this month's salaries through.

So it really is squeaky bum time for that 'deal'.

[kreature] 24/5/2023 09:02

So does anyone know if/when Strike pull out of the deal? Can’t imagine them going through with it really

[the_punted_mug] 23/5/2023 17:48

It's an absolute bloodbath. Gerbils hit the blender at an exponential rate.

[g2theary] 23/5/2023 14:30

Heading to .2p where I'm going to gamble :D

[kreature] 23/5/2023 12:17

When’s the general meeting? Can’t say I’ll be voting to break the law of the land. Maybe Note 2 app lies tho ?



I hate to be a stickler for the rules ….but hope they are absolutely certain that they need don’t need to wait 6 months?

[kreature] 23/5/2023 08:28

Breach of rule 2.8 of the takeover code ? Rules are rules….

‘ Shareholders will be aware that on 10 May 2023, Strike released an announcement confirming that it did not intend to make an offer for the Company. This statement is subject to Rule 2.8 of the Takeover Code and under Rule 2.8(f) of the Takeover Code, Strike would be prohibited from purchasing, agreeing to purchase or make any statement which raises or confirmed the possibility that it is interested in purchasing assets which are significant in relation to the Company for a period of six months from 10 May 2023.’

[kreature] 23/5/2023 08:21

RNS quote

‘….. it is possible that Shareholders would not receive the amount anticipated or any return at all.’

[kreature] 23/5/2023 08:10

Another know it all….



Anyway, has the Strike deal been secured in law ??

The RNS 17th May said : ‘ As at the date of this Announcement, no firm proposal has been made to the Company by any potential offerors. ‘

[31337 c0d3r] 22/5/2023 19:04

Seems that was PB plan all along; spend the money on director salaries and boosting the brand until out of cash.

Then directors buy it for peanuts and run it for profit.

[agentlets] 22/5/2023 18:06

Looking at the posts below encapsulates why Companies like Purplebricks & Strike fail. People happy at paying a pittance when the problem is they need to pay more for these companies to survive. PB gambled on securing 50% of the market when they can then put prices up. But they only ever achieved around 7%. You can’t charge a pultry £1000 for a decent service. They’ve burnt through hundreds of millions of share holders when they knew the sums didn’t add up. They needed to charge £2000 at least to make it work. And Strike haven’t made money either, crazy.

[arja] 22/5/2023 12:08

a bit deceptive to make rooms look much bigger as viewers will be disappointed . Griffin photographer did not do that and latest viewer was delighted that rooms and conservatory were bigger than they expected . They want to make offer but usual story at this bad time , ie they can not get an offer yet for house they must sell but expecting one this week they say ! Who knows !