Rightmove Share Discussion Threads

[undervaluedassets] 08/3/2023 05:29

The average revenue per advertiser, a key metric, grew 11% to GBP1,314 from GBP1,189, and beating company-compiled consensus of GBP1,300 by 1.1%. Rightmove said it was "not materially impacted by the property market cycle," as it noted increased confidence in average revenue per advertiser growth in 2023.

As I said in January..Rightmove gets paid for listings not house sales.

Rightmove is about the confidence that estate agents have in them as a sales tool for selling houses. And that remains unabated.

£197 million returned to shareholders via buybacks and divis with more of the same to com

It always take a while for results to be reflected in the price

[nfs] 06/3/2023 11:28

On the move upwards now. Delayed effect post results?

[saltaire111] 03/3/2023 08:14

And market doesn’t like it!

Salty

[saltaire111] 03/3/2023 07:48

Bloody good results. Average revenue per advertiser up 11%!

Salty

[whites123] 03/3/2023 07:28

How is your short looking?

In the current climate to many undervalued stocks exist to be wanting to look for short opportunities.
Invest in growth, not destruction.

[juan2many] 03/3/2023 07:28

hxxps://www.estateagenttoday.co.uk/breaking-news/2023/3/rightmove-agency-fee-income-rises-but-member-numbers-dip?source=newsticker

[empirestate] 02/3/2023 14:27

outlook key for tomorrow. profits will be up but priced in imo

[empirestate] 17/2/2023 15:15

gone short here. the valuation on pe basis is proper toppy. although results may have improved for fy i cant see them giving a positive outlook.

[wanttowin] 02/2/2023 16:02

Its been a lovely start to the year..

[whites123] 23/1/2023 07:45

RMV gets paid for listings, therefore even if house prices dropped and rents dropped then RMV still gets paid..
In fact if people need to start moving (rental) then this will actually have a positive effect as more listings appear.. :-0

Its a no brainer... Its a BUY

[tonytaxi] 17/1/2023 09:22

Has the share buyback ended ?

[undervaluedassets] 13/1/2023 15:16

Rightmove gets paid for listings not sales.

I do not think that investors really understand this.

[arja] 08/12/2022 09:46

chart suggests a move to about 510 support level in next few weeks or a bit longer .

[arja] 08/12/2022 09:44

GP - wrong again sport and have you noticed the share price today MOVED BY MARKETS :)

[growthpotential] 07/12/2022 13:22

fantastic security https://www.bbc.co.uk/news/uk-england-cambridgeshire-63871888

[growthpotential] 06/12/2022 14:39

Learn what moves markets when

[arja] 06/12/2022 08:44

surprising RMV is holding up as housing market is quiet with falling prices and little activity and less listings with RMV I imagine. I believe it is much more expensive to list on RMV than on Zoopla too.

[dandu69] 04/11/2022 12:58

Couple of write ups on fool this morning too.

[dandu69] 04/11/2022 11:23

Opened a position this morning at 496, would think much of the bad news regarding the economy is factored into the price and yes, expecting a tough winter ahead so figured could be a good time to get on board.

[whites123] 01/11/2022 07:20

Lots of increase available here just to hit pre mini-budget share price

Company have said they expect to hit advised forecast from when share price was 50% higher than this lowly price..

Non brainer.. BUY

[growthpotential] 29/10/2022 21:44

Had me some more shares at this low level. Recession already priced

[whites123] 26/10/2022 06:22

Lots of high gains still to be had.
No changes to year expectations.
Aggressive share buy back program.
New CEO
A climb to pre Mini Budget SP

What is not to like?

[whites123] 24/10/2022 11:21

A correction straight back to pre "Mini-Budget" share price which provides for another 13% from £4.75

Plus for those taking note of comments from the board they expect full year targets to remain unchanged which provides for a further 42% gain from where we are at 12.15 on Monday 24th October.

Good money to be made and new Director will ensure growth exceeds expectations.

50% Gain Minimum over coming months is my take.

[whites123] 24/10/2022 06:19

I personally think Sunak as PM will stabilise the markets somewhat (Although getting in by backdoor is atrocious and even this staunch Tory supporter believes there should be a GE)

This from Friday's Director change RNS.

"The Company continues to make good progress with the implementation of its strategy and trading in the year to date has been as expected. The Board's expectations for the full year remain unchanged."