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Up UP and away
Current trading
Ahead of the half year trading update scheduled for 6 November, Purplebricks confirms that it continues to trade in-line with guidance issued in July. Trading in the UK is currently showing double-digit growth year-on-year in monthly instructions, with further market share gains, in what continues to be a challenging market. Purplebricks' share of the UK online market remains above 70%.
posted here as well https://ftalphaville.ft.com/marketslive/2018-10-12/
With the name of a buyer -- GTCR -- as well as advisors -- Goldman Sachs and Greenhill.
The Australian housing market and process is a very weird beast, my relations in Australia have just sold a property… when I was talking about purple Bricks and how expensive I thought the Australians element was, charging $8,000 and I couldn’t believe they got charged 10% selling fee, $60,000 which in Australia seem to be the norm. How I understand the majority of sales in Australia are completed via auction companies… its changing they mindset
Taking the average house price in Australia is about $550,000 purple brick have a lot of room for price increase movement in the future.
City Average House Price
Sydney, NSW $920,000
Melbourne, Vic $665,000
Brisbane, Qld $504,000
Adelaide, SA $436,000
For 15 months I've been watching the comments on this page, how many time I've read they cant recruit the right people the managements useless.. After being kicked in the *** by BBC's Dragon's Den and told this model wont work, you are dreaming..
Looks like too many people, got it wrong.. this company is going strength to strength... I read yesterday..
While Emoov took on 8,231 new instructions, Purplebricks took on 118,164 – easily the highest in the table, and confirming its assertion that it is now the biggest agent in the UK by both brand and business.
Your Move was the next highest at 47,953 new instructions, with William H Brown at 43,296, Connells at 40,666 and Hunters at 38,377.
https://www.propertyindustryeye.com/online-agent-emoov-gets-best-price-for-vendors-beating-both-high-street-and-online-rivals/
Double the instructions of their competitors.. They must be doing something right.
Majority of people I know, have either used, using or considering purple bricks. Driving around, the number of houses displaying PurpleBrick, is exponential.
Trustpilot sums it up Excellent 89% and Great 7%
So, 96%rating for a good experience, if they get this experience in America, this share going one way
https://uk.trustpilot.com/review/purplebricks.co.uk
Someone quoted this drop back at 140, within days apple reported lower iPhone sales. Since then its been going down and down.. Rising short position, clearly they are going to push this much lower.
So glad I sold at 140, but how more can this fall.
You were right, thank you. Only bought 2500, wish got more. :)
Next few days will be interesting, clearly the results did not satisfy the market . So this is anyone's guess but I would not be suprised if we see 115 or lower L irn it looks like you made a friend.
Don't think it takes a rocket scientist to realise the results could have been better, no wonder the shorter are camped waiting. Question is , do the shorter smell blood.
Still not sold, we already know smart phone sales are reclining. I just think results should have been better to maintain this level of share price. I think on the next few weeks we will be back to 110 - 120 . Only my opinion.
Honest thought / hope they would have been better. Share price up 280% since last year. Waiting game I think... This could drop a bit,
Cuban, boohoo is perfect example how a company with massive growth and excellent results drops when it presents it to the market. Just waiting to load up again, at the right price, timing is key. The market a weird beast, logic goes out the window.
Investor chronicles (IC) is a lagging indicator, anyone relying on their information, well good luck. Seems like the people replying to the article have a better understanding of IQE then chronicles. Bit of a lame article, didn�t expect anything different from the IC..
150 in the fibz must be a red light
What a bargain price
Google Half of the project was acquired last year by the mining company Bacanora Minerals. It's a mining investor, who is also starting a mine in Mexico where lithium mining begins in 2020. It will be taken over by Tesla Motors. Bing A half share in the project, last year bought the Bacanora Minerals mining company. It is a mining investor, who for example, starting and mine in Mexico, where the extraction of lithium to start in the year 2020. Remove the automaker Tesla Motors. Babylon Half of the project last acquired the mining company Bacanora Minerals. The extractive investor that such as pulling away and mine in Mexico, where it has with the mining of lithium start in 2020. Subscribed to it by Tesla Motors. It looks like we have some Participation with Tesla in Mexico
addicknt - BCN is freely available to be shorted, and it is being shorted. Totally agree OilyChan, all the indicators pointed to retracement..
Smashed the 38.2 � this is the big boys playing with Serious money.