Rightmove Share Discussion Threads

[helpaargh] 30/7/2021 10:51

Now looks set to breakout of pre covid levels

[undervaluedassets] 30/7/2021 09:27

yup..good results

£10 a shoe-in from here.

Am always staggered by those margins.

More divis more buy-backs. lots to like

[rimau1] 30/7/2021 08:10

Yes, excellent results and more importantly a bullish outlook. However i wonder if the price is now up with events, i have sold out this morning after a very decent rerate. High quality company with a virtual monopoly but up with events. I will return on any pullback!

[babbler] 30/7/2021 07:56

Smashed it.

[rimau1] 24/6/2021 07:40

We should get a pre-closing trading update before end of June which should be very positive. Confirmation of recovered margins and booming sales, the only caution could be supply of housing stock as developers slow down or postpone new builds until the materials price and shortages correct themselves.

[undervaluedassets] 20/5/2021 06:02

Over the last dozen years or so this company has bought back 1/3rd of it's own shares and cancelled them. Astonishing. Clearly they intend to do this forever. More EPS for shareholders then.

Carries no inventory. No moving parts. Price setter, not a price taker. Good stock for inflationary times.

Going to do well now? Take a look at the housing market and I think you have your answer.

[thetwentiestrader] 07/3/2021 23:40

Hi all, a new article on Rightmove analysing the recent results and future outlook available on my website here: hxxps://www.thetwentiestrader.com/post/are-rightmove-shares-worth-buying

[aconceptisabrick] 05/3/2021 20:51

Sooner or later, in a situation where most of you customers hate you, and the management team have no ambition beyond lining their own pockets, the sh*t will hit the fan. Rmv will shortly fall out of the FTSE 100, be sold by trackers and are a very reasonable SHORT at this level.

[loafofbread] 03/3/2021 17:00

No agent is going to accept going back to paying 2019 prices.

It really is that simple.

If you are happy with a PE of 50, then the shares are a buy!

[helpaargh] 03/3/2021 12:54

Budget news good for RMV

[sago2] 27/2/2021 15:29

Rightmove has a strong marketplace. I have no doubt revenues will bounce back.

[loafofbread] 26/2/2021 13:06

£5Billion MCap.

Still way overvalued.

[helpaargh] 26/2/2021 07:17

GBPm GBPm GBPm
-------------------------------- ------- ------- -------
Property, plant and equipment 13.9 12.8 1.1
Intangible assets 22.1 21.9 0.2
Deferred tax asset 2.8 2.7 0.1
Trade and other receivables 23.5 24.0 (0.5)
Contract assets 0.3 0.4 (0.1)
Income tax receivable 1.2 - 1.2
Cash and money market deposits 96.7 36.3 60.4
Trade and other payables (18.9) (19.5) 0.6
Contract liabilities (1.6) (2.1) 0.5
Lease liabilities (12.3) (12.2) (0.1)
Deferred tax liability (0.9) (0.9) -
Provisions (3.6) (3.2) (0.4)
Income tax payable - (18.9) 18.9
-------------------------------- ------- ------- -------
Net assets 123.1 41.3 81.8
-------------------------------- ------- ------- -------

Yes that is £97 million cash

[helpaargh] 26/2/2021 07:14

I am pleased that, thanks to the value of Rightmove's services to our customers and consumers, we are again in a position to return free cash to our shareholders with the resumption of share buybacks in March and the dividend payment in May.

[loafofbread] 21/9/2020 14:43

Good timing by the CEO to dump £1.1 Million of shares last week.

[mike24] 18/8/2020 09:40

back to the future, 18/8/23

mike you have 2000 new props to view in your area, be the first to....

by 2024 shedloads of dosh should be entering UK prop market, as C19 is sorted
rental returns outside M25 could hit 10% ,
cap, apr, should hedge any currency weakness even cover the tax bill,

[growthpotential] 09/8/2020 19:22

Yeh I think people seem to forget that there will be life after the virus...

[bolo25] 09/8/2020 10:58

Some comment on Friday's Rightmove results:

[toffeeman] 07/8/2020 14:49

Because I am not sure it will get to 700 - if I was, I would.

[quepassa] 07/8/2020 14:42

Zillow.

The real action in global digital property services

[rochdae] 07/8/2020 13:42

If you think a short at 700 is on, why not buy till 700?

[toffeeman] 07/8/2020 12:45

Beauty of shorting at 700 is you can apply a tight stop.

[loafofbread] 07/8/2020 12:41

Well done to you longs but were those results really worth £500m?

Anyway, thats the game.

[growthpotential] 07/8/2020 12:34

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