Well it's over a year now since the big cheese said he wouldn't sell any shares within the next twelve months. A steady down trend up to this point in time. We could see a huge sell from him anytime now, or he may even surprise us by buying!. Either way I think I will hold off buying until we see his cards on the table.
Date: 07-12-2015 08:53 Property agency Belvoir Lettings (BLV:AIM) rises 2.5% to 119p on attracting 31% more franchisees in 2015. Acquisitions have played a role in this growth but the recruitment pipeline remains strong with two potential franchisees committed to February’s training course.
Compared to MARTINCO (lettings agency) BELVOIR require to be re-rated. ASK for Martinco £2.00 per share ASK for Belvoir £1.30 per share. Both business have similar turnover and profit margins and both are keen to increase their foothold through takeovers. MM and brokers need to address this glaring disparity. GL all
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