Member Info for jedclampit

Come on Gent,
You make a statement without looking at the logical options, just because a company closes down a branch they don’t lose all their staff.
If they are good staff and the company has other branches within say 5-10 miles many will be offered a transfer to another branch if there are any vacancies.
After all hasn’t sain said over and over again that many cwd staff have been leaving so there must be jobs already waiting for them if they want to move a little distance and that could even be closer to their homes so saving some staff travel costs etc.
Then what we get is a big saving on overheads but still get the sales. It’s never black or white but could be win win all round.

I think everyone can agree that there has been far too many estate agents branches around for years, so this is a good thing that some / many have closed down as this will reduce overheads for many companies left to increase their profits, and let's hope cwd is one of them.

I couldn't agree more, that's why investors buy shares , to make money and as much as one can. Please tell me anyone that invests to lose money.

Could this be the start of the August article ( Mystery predator rumoured to be circling Britain's biggest estate agent Countrywide)

Goodness me, I post on here and again the deadly duo are back one supporting the other within 5 mins of each other.
You both have good points but who's in who's pocket.?????
sain / Gent. Gent /sain

Yes about 25m shares bought today in 3 trades, someone is happy to pay out / invest all that money on a company that is about to go bust, get real they if it is a they and not different investors must think we are about to turn this around.
Wait for any rns as it could be 1 or more directors that's buying, now that would show confidence.

In view of this environment, during the first half, we took a series of further self-help actions to accelerate and reset our cost structure in order to reflect current activity levels with significant benefits starting to flow through in the second half. The actions we have taken give us confidence that the Group will deliver full year results in line with the Board's expectations."

Self-help actions to increase sales of complementary services in Conveyancing and Financial Services, and further actions to accelerate and re-set our cost structure to reflect the current market have underpinned delivery to date with a significant adjusted EBITDA benefit flowing through into the second half
Second half adjusted EBITDA will benefit strongly from the increased momentum in sales of complementary services and cost actions taken in the first half
Confident that the full year results will be in line with the Board's expectations
Let's hope this is correct.

It's been a year now since the last fundraise and I would have thought / hoped they would have started to turn the business around by now,. OK they have too much debt and if that means selling off a few of their brands then maybe they should do that to pay off some debt, but it has been so quiet it's about time we has a few more plans from the bod's in an up-date, or do we have to wait until the next set of results.

Thanks for those numbers but you are not comparing like for like.
Winkworths has a turnover for 6 months of £2.7m vs cwd of £290m, so cwd does almost their
6 months turnover in about 1 day, cwd has bigger problems with debt etc but can also turn things around. let's see what happens over the next 6 months.

So you were / did hold some of these in 2017 when platt was there but you sold when platt left, it looks like the sp was about £1 back then and then the shares went down so you probably lost some money.
Well thats unfortunate but it does explain why you have been so negative about these since, sorry about that but if you did we can all understand why you feel this way now.

So the deadly duo of sain and Gent cannot make a single post without the other one backing him / her up.
You both seem to have a one track vision of cwd and try to talk down anything anyone else posts about. I just don't know why you even post here, you have said your not interested in cwd and have no shares and have no intention of buying any, I think you just like to see your post name up in lights. very sad.

When you look at Bakk foods.
Group revenue up 1.4% to £923.0m
Group like-for-like revenue up 2.0% to £877.9m
o UK performance held in very challenging market, with 0.7% increase to £772.2m

Adjusted EBITDA pre IFRS 16 down 6.5% to £73.5m with margins down 60bps as expected
Basic earnings per share of 3.0p and adjusted earnings per share of 5.9p
Operational net debt increased to £356.6m
So pfd also has approx £900m rev & £460m debt with an sp of 30p against Bakk sp of £1.08 ish. pfd must be worth at least 65p

As of yet pfd have not put out an rns at all about the asset sales plan only info from the city,
so is this just another case of pfd bod's just not keeping it's shareholders up to date with their plans or even confirming them.
If this is the plan you would have thought some / many of the directors would be buying shares now while they are cheap so they can make a killing when the s p reacts to the sales and goes up, after all that must be the plan to lift the sp at some stage.

Surely if Nissin with a 20% stake can see the possibility of pfd brands being sold off which could include Bachelors then wouldn't you think they will come in and bid to buy either the Bachelors brand as a minimum to G/Tee their sales or to make a full bid for pfd in total and then sell off the product ranges they don't want.
I think we could still see the sp going back up to 50p-60p or a full bid at that price range soon.
There must be many companies out there that would jump at the chance of buying these big brands.

Things move on all the time, let's not keep bringing out old news from june 2018.
It will be what it will be.

Yes I have just seen this and come on to post but you beat me to it.
It does look like the main shareholders want to get their way and move pfd 's sp one way or another. If they are going to sell the main profit brands they might as well sell the lot and that could be their plan to drag in take over bids for all of pfd, In that case what could a bid be worth, 50p - 60p , bring it on.

Like many others in here I have been in these for about 8 years and all they seem to do is sell off product ranges and still end up with debt. Once they had great brands like hovis , branston , gales, quorn , etc etc etc now all gone.
They seem great at high bonuses / free / cheap share deals and big pay offs but what about the poor old shareholders. We all thought that once G D went we would start to make progress , so where is it?

There you go again, i never said anything about how cwd was doing, just market up-date.
But as always you come back to rubbish cwd regardless, man you must have one big problem with cwd and although you say you were not fired ect it's very difficult to see otherwise.
Can you ever be nutral about cwd until proven otherwise?

(Alliance News) - There was "no real shift" in house prices in the UK in August as the market held steady, Halifax said on Friday.

On a monthly basis, house prices were up 0.3% in August. Year-on-year prices edged 1.8% higher, said Halifax, a unit of FTSE 100-listed lender Lloyds Banking Group PLC.

The average house price in August stood at GBP233,541, down from GBP236,120 in July.

"There was no real shift in house prices in August as the average property value grew by just 0.3% month on month. This further extends the predominantly flat trend we've seen over the last six months, with the average house price having barely changed since March," said Halifax Managing Director Russell Galley.

Galley continued: "While ongoing economic uncertainty continues to weigh on consumer sentiment – with evidence of both buyers and sellers exercising some caution – a number of important underlying factors such as affordability and employment remain strong."

Galley believes the housing market "continues to show a degree of resilience".

"We should also not lose sight of the fact that the single biggest driver of both prices and activity over the longer-term remains the dearth of available properties to meet demand from buyers," he added.

Quarter-on-quarter, UK house prices were up 0.1% in the three months to August.

So according to the Dmail today a strategic review is still going on at pfd , and speculation is rife that this could include the sale of 5 or more of it's major brands with Mr Kipling thought to be one of them.
I thought that they put a stop on this review a little while ago but it looks not.
Maybe this is the only way of paying down the debt and now we have a new team involved/ in control perhaps Paulson and Oasis will get their way.
Who knows what's going on.