Rightmove Share Discussion Threads

[johnrxx99] 24/7/2023 10:25

I hope I'm not too wrong by taking a dabble - usually the stock falls by 5% !

Looking ahead, I think there is pent up demand, even if we get another 0.5% rate rise. In most markets inflation is cooling and in the UK that means houses and property in general.

GLA

[juan2many] 18/6/2023 16:04

All these share buybacks don't seem to be doing any good at all.

[naked trader] 07/6/2023 11:20

If Purplebricks and Strike are paying Rightmove as separate companies, I wonder how long until they merge into a single brand. Could be the biggest loss of revenue for RM ever! PB just reduced fee so if the new company are going to stand any chance of being viable, they will need to reduce portal costs substantially. RM now wanting to apply above inflation increases (17%) to agents already on the brink, it could be the straw that breaks the camel's back!

[undervaluedassets] 30/5/2023 09:35

This is very very peculiar...

The company is doing better than ever and yet the shares are falling.

The housing market is picking up

And there are record numbers of properties coming onto the market.



Also, and I keep saying this. RMV gets paid for listings and not for sales.

[juan2many] 14/4/2023 07:49

xd date. 27 April (I think)

[undervaluedassets] 08/3/2023 05:38

This lifted, unexpurgated, from the outlook statement..

"The strong ARPA growth in H2 2022, and the momentum it provides for 2023, gives us increased confidence in ARPA growth in 2023.

We expect customer numbers to follow a similar pattern to that of the second half of 2022.

In 2023, we will maintain our disciplined cost management and focus on profitable revenue growth, as we continue to invest in innovation. The increased inflationary backdrop is not expected to materially impact costs, and we expect an Underlying Operating Margin for 2023 of c73%.

Our capital returns policy, whereby substantially all cash generated in the year is returned to shareholders, remains unchanged.

The strength of our proposition, coupled with our on-going innovation, underpins the Board's confidence in Rightmove's outlook for 2023 and beyond."

[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.