Rightmove Share Discussion Threads

[roguetraderuk] 09/5/2022 08:41

down another 6% on news ceo retiring. about 22 times 22 earnings now. strong key cashflow and low debt makes this interesting now. presently just below 2018 highs of 540 with further support by 430-460.

[cirlbunting1] 06/5/2022 14:30

Took a decent size here. Will continue to avg if we hit £4-5.

[helpaargh] 25/4/2022 17:38

Blackrock taking a chunk here.

[growthpotential] 12/4/2022 22:01

Well placed to capture growing revenues

[kreature] 06/4/2022 15:01

The right move to the property ladder,
Great heading here

[undervaluedassets] 28/2/2022 16:48

Results were stella as usual..

Goes to highs and beyond in my 'umble..

[growthpotential] 15/2/2022 23:01

I am getting rich off RMV

[dope007] 15/2/2022 11:36

With that valuation the risk is a 90% haircut overnight

[growthpotential] 14/2/2022 23:45

Learn what moves markets, when

[dope007] 14/2/2022 11:55

MKT Cap of £5 billion!!!!

Wow, that's just ridiculous

[helpaargh] 07/2/2022 19:33

Rightmove managed gains to 0.91% after an upgrade to ‘buy' from ‘neutral’; at UBS.

[juan2many] 18/1/2022 10:35

It's taking a bit of a hammering . Any results lately or coming up?

[juan2many] 18/1/2022 10:29

It's taking a bit of a hammering . Any results lately or coming up?

[growthpotential] 10/1/2022 16:57

What changed?

[helpaargh] 29/9/2021 07:41

Many companies, some large have tried to muscle their way in but have faded away after spending many millions.
The agents need the exposure, so Rightmove benefits as they recommend customers looking to rent or buy to search on Rightmove

[adamb1978] 28/9/2021 19:07

Thanks helpaargh. So in a weak housing market, their risk is estate agents going bust rather than transaction volumes falling

RMV have a quasi monopoly position, which is obviously attractive as part of an investment

[loafofbread] 28/9/2021 08:33

A shocker since my post a few weeks back.

Market finally waking up to the pe of 60?

[helpaargh] 20/9/2021 13:50

Adam, there is a base rate then they try to sell all sorts of add-ons.

[adamb1978] 19/9/2021 12:07

Hello

I've never really looked at RMV before. In terms of their business model, does anyone know whether they charge flat fees to agents (I guess in various tiers depending on size of agent and usage) and/or how tied are they to volumes and/or prices?
Thanks

Adam

[loafofbread] 11/9/2021 12:14

Very strong of late in a weak market so perhaps something going on.

Considering listings are at a low because no one has any stock to sell or let even odder.

[helpaargh] 10/9/2021 20:14

Bit weird, my trade went through 10p above market price.

Will a bid turn up on Monday or was it just because Los Angeles Kayne Anderson Rudnick Investment Management, LLC was buying? Now up to 12%.


Account Type: MARGIN

As Principal, we have effected the following trade on your behalf:-
Transaction: SELL
Bargain Date: 10-SEP-21
Time of Execution: 16:25:10
Settlement Date: 14-SEP-21
Trade Reference: 3657962
Quantity: 6000
Price (pence): 755
Accrued Interest: 0.00
Stock Description: SPBRMV - SPB RIGHTMOVE PLC New Ordinary Shares Of 0.1 Pence
Profit Loss: 8020.61
Commission: 22.65
P.T.M. Levy: 0.00
Trade Reporting: 0.00
Financial Transaction Tax: 0.00
Total: 7997.96 (GBP)

[helpaargh] 03/9/2021 08:37

All time high for this beauty.

[babbler] 30/7/2021 12:14

But then so did nex yesterday and ended up nicely

[babbler] 30/7/2021 12:14

Yes was surprised it opened negative.

[undervaluedassets] 30/7/2021 12:04

As I said best ever results (And during a pandemic mark you) will result in a best-ever price.

My considered opinion is that those that sold today have slightly dropped one.

EPS growth into the future is baked in here due to incredible cashflows and buy-back policy