Venture Life Share Discussion Threads

[petersinthemarket] 17/7/2017 11:53

Don't the trains get a bit wet running into Jersey?

[apad] 17/7/2017 09:29

ps
HS2 that is - let's hope they make money out of it!

I have 4 acres of land that HS2 is cutting off the corner. They've already paid me thousands to look for rare wildlife!

[apad] 17/7/2017 09:26

Carillion, the integrated support services company, is pleased to announce that the CEK joint venture partnership consisting of Carillion, Eiffage and Kier, has been successful in its bid for the C2 and C3 contracts.

[apad] 17/7/2017 09:25

Is BVXP's market cap really only £95million!
Small change for ABC when Peter Harrison decides to retire.
apad

[redartbmud] 17/7/2017 09:04

Big

Sold all of my Kaz now for a good profit. I only had a few.
When I return to the sector, I will probably return as Anto.
I will aim to BTFD as the sector and raw material prices will continue to remain volatile in the current economic climate.

I think that the construction has profitability problems in the short/medium term. There are too many comments about profitability on contracts. It seems like they were 'buying' contracts on terms that were too generous to the customer and cost escalations, delays and inefficiency is catching up with them for now. HS2 is a good news blip that will not start in earnest for some time yet.
I know that it is a generalization but I am in cautious mode. My 'C' shares are option money now, so that factor may be clouding my judgment.

Purp - staff on the ground are thin. They are facilitators who sign you up and let you get on with it. I am not sure how much in depth knowledge that they have, and certainly they are chasing their tails on managing vast property stocks well beyond their time availability.
Just MHO.


red

[big7ime] 17/7/2017 08:45

WEIR up 6.5%

ANTO doing very nicely with small increase in copper price, lots more to come

Bought some more KIER as I think I well undervalued

IQE tA should be this week, ahead of expectation I think

Re PURP, I used them two yrs ago, paid just £550, price has gone up since to about 8-900 no probs whatsoever, I know the prices well and the val from pb agent was higher than local ea so tried it and it sold at that price was very happy, same service if not better as est agent imho and made me extra 15k

[apad] 17/7/2017 08:22

Google feed repaired.
apad

[redartbmud] 17/7/2017 07:25

It does. The market remains fragile though, so caution is the byword for now.
red

[apad] 17/7/2017 07:23

Looks like my concern over WEIR was overdone. Decent rns this morning.
apad

[thelongandtheshortandthetall] 16/7/2017 22:45

I agree homebrew.

[hpcg] 16/7/2017 20:35

Apad - the IG HTML5 spread betting interface is fantastic but they haven't yet ported it to the ISA / standard brokerage account. I hope they do soon. I guess the latter are more complicated as where relevant they have either the option or the necessity to put orders directly on the market. As for stock coverage I find I need both IG and HL to cover my universe (and Barclays for structured products, but thats all going with their new setup). You will find some strange UK micro cap omissions on IG, whilst they do better on more esoteric US issues; Europe, Australian and Canada is a coin toss.

[homebrewruss] 16/7/2017 20:15

I'm not a big fan of estate agents but one another benefit they can bring is during the negotiation process. I think they can easily make/save you more than than their fee just be providing a negotiating layer between you and the other party.

[redartbmud] 16/7/2017 20:02

Ffx advertised on Sky news channel today, after the Sophy Ridge programme. A good spot for exposure - right type of audience. Saw competitor ad yesterday but forgot the name of the company. Began with 'D' I think.

red

[apad] 16/7/2017 18:42

I'm about to engage with the IG interface, hpcg. At first glance it looks overly complicated. I've found some You Tube videos :-)

I've tried the dummy and was peturbed to find that it didn't recognise TSTL!

apad

[thelongandtheshortandthetall] 16/7/2017 13:40

I have seen an estate agent (my old boss from many moons ago) keep chains together that would not have happened if this lady wasnt involved.
I have also seen vendors get involved during viewings.. big BIG mistake. Potential buyers do not want to see anyone else there. Trust me on this.
Its super difficult see through people.. their belongings are easybto move in your mind but people are totally differnt. If you sell Your house hover up and leave haha.

I will pay for estate agent know probs when the need arises.

They are also a huge part of talking up the market. The nature of the business is such that estate agents compete to gain the instruction...by claiming they can get x for the property.
Next one says we'll get x plus.. and so on.
Take out estate agents frombthe loop an i think we'll see a quick stagnation in th property market if not eventual falls in prices.

Purple bricks could be a wonderful business but if in the end the customers are losing money interest in its services will surely wain.

But mostbimportantly will be the need to hold sketchy chains together. Without incentive PB might not work hard enough.

Just a few thoughts.

[apad] 16/7/2017 13:37

It'll be interesting to see the DOTD rns on Tuesday.

The company is stuffed with cash - I'm expecting a special divy at some point (FY mid Oct.)

Director buy late June, at 70p - if my memory serves.

apad

[apad] 16/7/2017 13:32

This might amuse.

In Jersey the lawyers still charge a percentage and there is no land registry database.

This on an island 9 miles by 6 miles - bit bigger when the tide goes out.

If you buy a house you go to court with your (very expensive) advocate and raise your hand to confirm an oath. Up to that point you can walk away without any penalty.
After the oath, if you walk away or don't pay you are in contempt of court and can be jailed.

Who said there was no such thing as time travel?

apad

[petersinthemarket] 16/7/2017 13:19

Ref hottingup #12321: only a member since xmas and only pumps IMM everywhere.
Filtered, pete

[bamboo2] 16/7/2017 13:13

The o/heads at one local office of a national chain in our area run at approx. 35-40k a month. PB local agents have to fund a car/phone/their own salary and an assistants wages. Guess around £5-10k

How can traditional EA's survive? There is no way they can sufficiently reduce their costs to compete.

[hydrus] 16/7/2017 10:35

Eezy - agreed think I repeated some of your views on the market

[hydrus] 16/7/2017 10:32

Mod surely a traditional estate agent would be more motivated to list at a lower price as they get nothing unless it sells? I don't buy the whole thing about traditional agents getting a better price. The service is exactly the same - you still have a single local agent with PURP. I'd rather risk £800 than pay out many thousands for same service. Anyway I think the PURP model will evolve overtime - it will have to in order to fight off competitors. I am not certain they will end up the winner but I am convinced an online/hybrid will dominate in a few years. PURP are in a good position. Estate Agent fees are a total con. Good to see the market being shaken up. Good luck with whatever you choose to go with.

[eezymunny] 16/7/2017 09:56

PURP offers a great advantage in that they are not motivated to "close a deal". Buyers and sellers have a much clearer line of communication. Many (most?) Estate Agents are slimy bar stewards 100% motivated to close sales and get commission. I've been done over time and again by agents who have, for example, refused to forward my offers to vendors because a sale is almost in the bag. I'm pretty confident at least one was bribed by a property developer to shut out other buyers. The sooner they are put out of business the better. My feeling is they will all end up offering a PURP like service in a desperate attempt to survive (which may not be good for PURP of course!). The whole industry will be unrecognisable in 10 years - what a joy!