Rightmove Share Discussion Threads

[wanttowin] 19/8/2013 10:29

Good call mike24, business as usual now!

[kitbag1984] 18/8/2013 22:12

I agree, a spike up is a good possibility. There has been a 9% drop in a short space of time. Good volume at the support and I'm going to pick up some tommorwo morning.

[mike24] 16/8/2013 11:33

spike from 2250 looks poss
edit
don't see why it should'nt open at 2300+ mon,
or reach by midday if opening down
nai

[wanttowin] 16/8/2013 09:32

Quite a fall from it's recent high,I am looking for the bottom so I can add a few more.

[quepassa] 13/8/2013 14:50

Zillow was $25 in December. Now some 8 months later in the mid $90's and soon perhaps $100plus.

Market cap of Rightmove deservedly £2.45billion.

Zillow lower at around £2billion.

Seems strange that Zillow is behind the dominant UK player in terms of market cap when Zillow is in the US market place which is vastly bigger than the UK.

My guess is that when Zillow further matures , expands further and begins hopefully to take more and more market share away from the local competition - just as Rightmove did in the UK- that Zillow will become the dominant player in the USA and that its market cap will surpass that of the domestic UK market champion.

Interesting to compare the two major players of online estate agency portals in the US and UK markets.

ALL IMO. DYOR.

QP

ALL IMO. DYOR.

QP

[mike24] 07/8/2013 08:36

the unthinkable,
this housing spike outside london could retrace
the value of pensions,wages, savings are going one way, DOWN
we are sorry to announce from 1/9 your savings will drop to a new
all time low, y have 30days to accept or close a/c thus avoiding any
penalties, how can a less well off society, sustain a housing boom?
the majority of jobs carney hopes to create will go to foreigners
svs we anticipate a reduction in activity in HK,
tis a massive bubble as london, which will mean rate rises sooner rather than later
from this wks US blogs,
we have a post stimulas dip
supply/inventories are 50%up in some areas
prices have exceeded 03-07 levels
the true inflation rate is 8%+
the recent insignificant rate rise is having a catastrophic effect
big concerns in housing market for last qtr 13 even more for 2014
the recovery was good just to far to fast
up to 15% increase in prop prices over last few months could
evaporate,the risks,the debt, could fall back on lenders
brokers seem to be ramping a recovery without informing us of risks

39.50 target looking a bit of dream now
nai

[nw99] 05/8/2013 08:57

Big price target upgrade from Goldman for #Rightmove,online property portal. Upgrade target £39.50 from £29.85. Current £24.95 (30x '14 eps)

[nw99] 05/8/2013 08:11

GS upped these new tgt price

[quepassa] 01/8/2013 22:24

Rightmove up 1.2% to-day

Zillow UP 15% ( fifteen ) to-day.


Don't get me wrong, I think Rightmove is a great company.

But until Zillow came along very recently there was no US equivalent of Rightmove. That's crazy for a housing market as big as the US.

If we see what Rightmove has achieved in the UK market, there can perhaps be a read-across to the USA for Zillow which is such a very young company but with ambitions to be the leading internet estate agency business in the USA at a time when the American housing market is showing signs of getting back on its feet.

In my view, the potential for Zillow is massive.

Check out the Zillow web-site. It's an interesting comparison to Rightmove. Fully intuitive.




ALL IMO. DYOR.

QP

[kitbag1984] 01/8/2013 21:29

I'd like to get into zillion but don't know enough about it.One if the reasons I brought into rmv was because my friends and I use the site daily and after trying the others, their really was no competition. There still isn't. Going by Peter lunches maxim of buying what you know I would need to do a lot more research into zillow before I buy. That being said if it it's Americas rightmove then there is a lot of potential. I till think rmv is a buy as there eps will undoubtedly increase over the next two years. Some if that is already priced in but I think the profits will exceed the estimates. Once growth slows then it may be time to sell.

[quepassa] 31/7/2013 15:49

since December, Rightmove is about + 50%.

since December, Zillow ( the nearest equivalent in my opinion to Rightmove in America ) is about + 200%.

Rightmove is in its maturity. Zillow is in its very early infancy.


ALL IMO. DYOR.

QP

[arja] 31/7/2013 14:11

quite a pullback on profit taking after rocketing earlier which is understandable I guess . Wish my BVS would perform as well !

[dasv] 31/7/2013 12:23

of course last time I held these, I sold at 450p - think it was 2007. My grounds were that RMV had saturated the market even then and wouldn't be able to increase earnings per agent. At the time agents had met up to talk about how they could prevent RMV milking them further.

Now of course they are even more reliant on RMV and no competitor has made inroads on market share.

Superb co./stock.

Just feel I am way too late to buy back in!

well done CR.

[cockneyrebel] 31/7/2013 10:51

Great move up on today's results :-)

Stunning long term chart.

CR

[dashton42] 31/7/2013 08:58

Good results imo, and the market seems to agree...

[wanttowin] 30/7/2013 20:16

Firming nicely ready for the next leg up, £25 coming soon methinks.

[kitbag1984] 23/7/2013 17:46

Well my thoughts haven't changed in the last few months. 3% drop today. Wish I had some spare cash as I would have loved to buy. Anyone know why the drop today? Thought confirmation of the help to buy scheme would have been good news?!Sitting on a 20% gain at the moment. All charts look fantastic. Tend lines look great still.

[quepassa] 22/7/2013 15:40

Z for ZILLOW

About Zillow, Inc.
Zillow, Inc. (NASDAQ: Z) operates the leading real estate and home-related marketplaces on mobile and the Web, with a complementary portfolio of brands and products that help people find vital information about homes, and connect with the best local professionals. Zillow's brands serve the full life cycle of owning and living in a home: buying, selling, renting, financing, remodeling and more. In addition, Zillow offers a suite of tools and services to help local real estate, mortgage, rental and home improvement professionals manage and market their businesses. Welcoming 55.7 million monthly unique users, the Zillow, Inc. portfolio includes Zillow.com®, Zillow Mobile, Zillow Mortgage Marketplace, Zillow Rentals, Zillow Digs™, Postlets®, Diverse Solutions®, Buyfolio™, Mortech™, HotPads™ and Agentfolio™. The company is headquartered in Seattle.


Can't believe how far behind the US market place has been for online estate agency. But fast catching up.

ALL IMO. DYOR.

QP

[cockneyrebel] 11/7/2013 18:51

Welcome back G-I. I've done the same too several times, managed a couple of lower buy backs too at times tho :-)

Here you go - have a mice read:

[wanttowin] 11/7/2013 11:20

Just added a few at 2255,long term hold for me.

[greek islander] 11/7/2013 09:33

I am back in here at 2264p today after twice before taking small gains. Have decided that thgis will be for the long term. The share actually seems very cheap with a modest forward PE.
Similar situation to ASOS, where I bought and sold twice taking my profit, to return back in a couple of years ago at a distinctly higher price after months of twiddling my thumbs, yet now am sitting on absolutely huge gains.
I guess what has put me off to date here has similarly been the more than doubling of the share price since I last sold. However, one must buy stocks on their merit and with a property boom a possibility and surely potential for replicating the business model in foreign markets, acquisitions etc., now might be the right time.

[cockneyrebel] 10/7/2013 12:43

Results date announced:

10 July 2013

Rightmove plc

Date notification - Half Year Results

Rightmove plc, the UK's no. 1 property website, will be announcing its half
year results for the six months ended 30 June 2013, at 7am on Wednesday 31 July
2013.

-Ends-

Contact: Jenny Warburton 020 7087 0739


-----------------------------------------------

LSL hitting new highs today and breaking out.

[wanttowin] 08/7/2013 08:38

Good article CR, If the up trend in house prices continues, I can't help thinking of the thousands of property owners who have been waiting years for the market to recover.Also their must be plenty of buyers who have been patiently waiting for the bottom before stepping in. If this is the bottom then surely a boom is coming RMV's way !

[cockneyrebel] 05/7/2013 10:51

Screamin' :-)

CR