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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rightmove Plc | LSE:RMV | London | Ordinary Share | GB00BGDT3G23 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 560.80 | 560.40 | 560.80 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Advertising Agencies | 364.32M | 199.15M | 0.2485 | 22.55 | 4.49B |
Date | Subject | Author | Discuss |
---|---|---|---|
29/3/2020 13:33 | The dividend has just been cancelled! What does that tell you?? | 1 pound here we come | |
29/3/2020 10:28 | rochdae, Normality? China? Those two words in the same sentence is an oxymoron!(2 sentences I know!). Like I said, the property market will not fly back into full swing, it has been teetering on a knife edge for years as it is, this was the straw(bale in fact) that will break its back. Recession is coming, of that there can be no doubt at all, and that spells doom for property. Agents will be failing left and right, and non will ever pay the fees being charged again. Rightmove is/was the to go-to portal because it has/had the most content. A soon as that switches the pricing power is lost, and with the attitude agents have toward RMV, once that worm turns it will be curtains IMO. 75% fee reduction, massive loss of agencies due to failure, massive lose due to poaching by competition, massive loss caused by disgruntled agents .... I see a falling share price... | tradeforce | |
28/3/2020 19:26 | China is the model. 3 months. Now returning to normality. An 8 week window to make money from the downside imo. Might be worth it, who knows. When the pandemic ends, RMV will be back where it started. Spin the wheel.... | rochdae | |
28/3/2020 11:29 | Agents leaving in droves.. | 1 pound here we come | |
27/3/2020 14:03 | No one is saying that RMV isn't in trouble due to the virus. All businesses are. The question is whether shorting at 400 was a wise move or not. Shorting at 700 was inspired. Just because RMV is down today doesn't mean much given the whole index is down. You might as well just short the ftse. Again, I think shorting is based on the pandemic and your view as to how it will play out. That is uncertain. RMV is a good business though. I'd rather short a bad business than a good one is all. | rochdae | |
27/3/2020 13:38 | Agree with all of that. Got too big for their boots. | 1 pound here we come | |
27/3/2020 13:33 | Activity may eventually return, but there will be far, far fewer agencies, many will convert to online only and how many of the remaining agents will be happy to see their fees rise 300% back to par, especially as the opposition will be gunning for them from the reset and will be courting all those bruised agents trying to rebuild their business. Zoopla and On the Move etc. will see it as an opportunity to take market share, and if their current attitude to agents continues they will go the way of Ratners. They will never ever see the income stream they once had as they had already pushed their limits beyond break point before this mess. AIMHO | tradeforce | |
27/3/2020 13:21 | And when exactly will that be? | 1 pound here we come | |
27/3/2020 12:49 | The government will do everything it can to prop up the housing and related financial markets. If houses do not buy/sell outright, people will still need a roof over their head and they will turn to shared ownership or outright renting. The idea that this company is going to fizzle out like an airline is absurd. Housing is a basic need, its not discretionary. There will be some short term pain, but once the virus is over, watch how the activity returns. Cash | cashandcard | |
27/3/2020 12:37 | I think you’d have to be wildly optimistic not to believe that the housing market will dry up over the coming months and years. We are about to go through an unprecedented shock to GDP and on top of that all the financial stimulus introduced by the government carries a significant risk of inflation in the future. Many prospective buyers (I am currently mid-transaction but having second thoughts) won’t want to buy with this uncertainty hanging over and sellers won’t want to reduce prices sufficiently to compensate. This happens every time there is a downturn, though this time could be particularly serious. Rightmove has a resilient business model so should not be catastrophically affected, but profits may be severely depressed for at least a couple of years I’d say. It may already be a little cheap on a long term perspective but it could be about to get a lot cheaper. I’d start getting interested if it halves or so from here. Otherwise there are much better, less cyclically-affected businesses also on sale. | trigger16 | |
27/3/2020 11:36 | I sold due to managements handling of the situation- why initially offer to defer customer payment rather than a discount or payment holiday to loyal customers? - why cancel share buy backs when shares are cheapest? -why cancel a divi when this is such a cash cow? It takes a special kind of idiocy to mess this up but the execs appear to be alienating every stakeholder, rather than pursuing the only sensible strategy of all stakeholders winning. Arrogant and overpaid execs appear to be running the show. | ben12358 | |
27/3/2020 10:07 | ..how long the freeze? Who will not survive? | 1 pound here we come | |
27/3/2020 09:56 | If Lehman Brothers could not survive corporate greed, why should Rightmove? | 1 pound here we come | |
27/3/2020 09:34 | Agents do not like RMV Reset on the way... | tradeforce | |
27/3/2020 09:26 | I remember what happened when Woolworths found they hadn't got any customers anymore. | 1 pound here we come | |
27/3/2020 09:04 | It is disingenuous for the Rmv board not to have mentioned in their RNS this morning that in addition to uncertainty caused by CV, hundreds of agency offices have served notice of their intention to no longer list properties in the site. This company is in BIG trouble and will be a shorters dream. | tarrant777 | |
27/3/2020 08:49 | Answer: Nothing. | 10p here we come | |
27/3/2020 08:42 | ..or gone bust. | 1 pound here we come | |
27/3/2020 08:39 | Now all the agents have gone home. | the ship will go down | |
27/3/2020 08:22 | What is there to look forward to now? | the ship will go down | |
27/3/2020 08:10 | So there you are, profit warning number 3. Getting fired out faster than a machine gun, as the sight of any profits for this year, disappears in a puff of smoke. | 1 pound here we come | |
27/3/2020 08:02 | Sad, but TRUE. | 1 pound here we come |
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