The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Well certainly found some legs
Martinco announcing their purchase of online agent Ewemove so will Belvoir be buyers in this market or be bought themselves. The question is has Purplebricks got any money left?
https://petition.parliament.uk/petitions/139091 Petition to get rid of this addditional expense
It would certainly be a good call to get right
Yes I appreciate that just asking your views on the relative meits of aBricks approach .The difficult bit is deciding which one they will have a pop at because you cant discount Hunters the new kids on the block either One thing is for sure if I pick one its going to be one of the others It makes a lot of sense for Bricks in keeping with their "hybrid " image and they might even inherit some good agents Perhaps in usual sl style I might set up asmall book on the odds
sain Wasn't arguing against the t/o view but against the chance of the class action being successful. I do feel that when it comes to things like buying and selling houses a lot of the people who do this are of an older profile and whilst they are fine looking and browsing the internet to see what properties are out there, they do also like the face to face with an estate agent and a bricks and mortar presence is required for that so there is much to be said for an agency with a countrywide spread. Although the m/cap is £37 million here it might be the catalyst that purp need to get some genuine traction as opposed to the present hype.
Lets assume Bricks are in the market and its clear that their lettings side hasnt taken off Do they want to spend another £10mill on a TV camapign or take control here and rocket launch for £25m ort he bitesize Martin co for £15m Answers on a postcard please Southside Im no great lover of either always mindful that a successful franchisee reaches a point where he goes it alone rather than pay over the franchise fees and only the mediocre remain which perhaps is a little unfair
Interesting but it stands about as much chance of winning as the leave vote.
http://www.propertyindustryeye.com/new-80m-class-action-against-foxtons-could-affect-all-letting-agents/ Not particularly good news for the industry
sain A nice t/o premium is not to be sniffed at I suppose, but the divi is the big attraction to me and surely the sp should be continuing up if the rate of acquisitions here is slowing. I suppose purp could do with something solid to group around though, with that frothy sp.
Purplebricks are rumoured to be looking at an acquisition in the lettings market . They certainly need to kickstart their operation on the lettings side having only 286 instructions Belvoir look quite an easy acquisition if Goddard is amenable especially if he would be willing to accept some shares in lieu of cash
Thanks for the link I think that once the acquisition spree slows down a bit this could be a real one. Could be taken out or as now a dividend of over 5% with all the action going on in the background the sp could take off. Seems to have recovered from the early year slump
SUNDAY NEWSPAPER SHARE TIPS: Motorpoint, housebuilders and Atlas Mara By THIS IS MONEY REPORTER PUBLISHED: 15:05, 19 June 2016 | UPDATED: 15:05, 19 June 2016 View comments This is Money rounds up the Sunday newspaper share tips. This week, Belvoir, Circassia, builders, banks, miners and manufacturers. Read more: http://www.thisismoney.co.uk/money/investing/article-3649151/SUNDAY-NEWSPAPER-SHARE-TIPS-Belvoir-Circassia-builders-banks-miners-manufacturers.html#ixzz4C2T05Q1A Follow us: @MailOnline on Twitter | DailyMail on Facebook
Yet another acquisition! BLV itself must surely be a t/o target in the next few years. Hope the excellent dividend holds.
Up 30% in 2 weeks, but it was certainly due.
Over 1 million sold at 3pm on the 11th April and today 2 rns saying that Hargreaves Hale have purchased a few hundred thousand. sp up about 25 % in a week.
Turned out well, divi good.
Couple of relatively large sells today just before final results doesn't bode well imo.
Let's hope he can help the share price!! I live in hope lol.
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.
BLV have 31 million shares in issue and a m/cap of c.£38 million. MCO have 22 million shares out and m/cap of £42 million. That is how sp works. Market cap divided by number of shares. Nothing at all to do with needing a rerating or any glaring disparity. What you suggest means that bp and shell should have similar sp instead of shell sp being aprox 3X bp's
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
Seems an expensive purchase imo