M Winkworth Share Price (WINK)

Certainly things a little more perky Sales finding their way through the system Should be a satisfactory Q1

Long standing franchisee in Pimlico Battersea and Clapham is on gardening leave having lost a court case over retaining his franchise

2 of those offices now appear on Google with the words permanantly closed -Battersea and Clapham which is a bit of a blow and a PR disaster .

https://www.linkedin.com/in/nick-goble-mnaea-marla-assocrics-5b217525b/?originalSubdomain=uk

Just a quick breeze through some of the franchisees accounts .Some very healthy looking numbers amongst them which will set them fair for stormy waters . Dulwich for example next accounts will be even more healthy when they appear next as sales have been trucking

https://find-and-update.company-information.service.gov.uk/company/05963459/filing-history

One of the problems which might arose for Winkies is when a franchisee becomes too successful and the desire to have their own name above the door ourweighs the benefits of being attached to a nationwide name no matter how respected they are ,

Let's hope tthatJamie Moore who has quickjly spread to 4 branches in the Norwich area doen't flit. An inventory in excess of 500 which is coming up close to 10% of the whole book .

Maybe the golden geese get a place ceon the BODS or share options to keep them vested. ?

Time for the Agaces to let out a few reefs .

Agents are in for a hard time.Lettings will save the day for most but the reduction in sales revenues will be worse than 20% YOY IMO.

good timing for Skipton to have bought CWD ?

you can't ask for anything more from their updates - a true picture they never overcook the goose always understayed without spin

anyone else would have dressed this as a major result total network revenue down just 6% in a challenging market is pretty impressive.

many agents are complaining about a lack of inventory .most of winkies branches are ticking along

the heavy artillery blackheath .beckjenham and harrin*** all decent enough inventories

steady as she goes in a challenging market