Rightmove Share Discussion Threads

[ukgeorge] 18/3/2020 12:09

Tarrant, try IGIndex or any other spread betting company

[the oxford whale] 18/3/2020 11:05

No it's not. Open an account with interactive brokers and you can short what you like as a retail investor.

[tarrant777] 18/3/2020 11:02

It's near impossible for a private individual to short stocks these days unless you are considered to be "a financially sophisticated investor"-which I'm not. However, this company is facing a substantial rebellion from it's agency customers and the share price will very likely move south quite sharply.

[ukgeorge] 18/3/2020 10:27

Hope you shorted it!!

[growthpotential] 18/3/2020 08:59

Even if true, that only impacts cash flow, not net income

[tarrant777] 18/3/2020 08:46

Investors should take note of the momentum of agencies demanding a payment holiday from Rmv during the current crisis.

[growthpotential] 20/2/2020 09:35

All aboard this rocket ship

[tradeforce] 17/2/2020 13:14

They own a mediocre website and nothing in the way of valuable IP that I am aware of. There sole market is UK property, so no diversity. The market will at some point see a massive downturn for two main reasons:
1) The property bubble will burst when the credit cycle finally hits the wall and the wheels fall off.... everything...
2) The market for B&M estate agents has had its day, and as with so many other industries, it will move to be almost solely online, their revenue stream will plummet as estate agents go under unable to pay Rightmove fees and compete with online agents like Purple Bricks, and I guess their fees to rightmove are a fraction of what they would have to pay as a chain with multiple offices.

They have been rising on the back of a constant buyback program, if they released some of the retained profit from treasury for a buying spree if similar websites or some associated businisses I could see some reason for this cuckoo share price.

I know it matters not what I think, but what the market says, and so far it seems I am wrong... But not for too long I'd bet!

[growthpotential] 15/2/2020 20:42

Dudes, it's all about a portfolio. You can't just hold names like shell that are undervalued or trading on tiny multiples, you have a mix of those and ones like RMV. Truth is, they own a powerful network

[growthpotential] 15/2/2020 20:17

Sounds like some unlikely lads have missed the boat. Learn what moves markets when. All aboard this rocket ship!

[ukgeorge] 12/2/2020 09:31

totally agree

[tradeforce] 12/2/2020 08:31

How the hell can a uninspiring website be worth over 6 BILLION quid!
It does not do anything particularly clever or technical, and I still do not understand how they have clung on to their first mover advantage with their excessive fees.

When will this bubble burst? Will it take some cracks in the property market? Or for a major estate agency to go pop?

At some point, this and OCADO will be the best shorts on the market. Not going to try to call it, just a prediction, but I think the top may just be starting to blow off...

[growthpotential] 11/2/2020 18:22

All aboard this rocket ship

[troajan1] 25/1/2020 05:48

#RMV e-commerce success stories deemed slightly overvalued by the market, #Rightmove (up 0.8 per cent, or 5.4p, to 676.6p) was on the wrong end of a downgrade to ‘underweight’.

[1teepee] 26/12/2019 20:39

It's shut. I would have signed that

[tarrant777] 11/12/2019 09:14

Hugely profitable cash generative business-but very concerning signs in recent times of arrogant complacent management, most of whom have become very personally wealthy running a company that most educated chimpanzees could manage.All seem very happy to ignore the discomfort of their agent customer base at the endless upward pricing structure against the weakness of a residential sales market with even well established business like Foxtons in London closing established offices.Beware.

[growthpotential] 25/10/2019 22:48

RMV on my watchlist. Implied dividend growth rate for this stock is 8.9% into infinity, can they beat this?

[undervaluedassets] 30/7/2019 08:47

Big on returning cash to shareholders this company..

Cash and cashflow statements a pleasure to read

[5oletrader] 14/6/2019 08:19

Tick Tock - 450p??

[shooting_star] 07/5/2019 23:02

thanks rochdae, i found this interesting article also hxxps://www.insider.co.uk/news/rightmoves-online-advertising-model-saves-14071194

[rochdae] 07/5/2019 20:04

It's just a great business with a fantastic brand and throwing off cash....

Remember it doesn't sell properties it just advertises them. It has nothing to do with the property market in that sense.

[shooting_star] 07/5/2019 18:30

any view on why this stock has been so strong. People believe housing transaction volumes will spike on any Brexit resolution?