Member Info for kramreklaw

The lawyers that Purplebricks ties you into says what?

https://twitter.com/PremPropLawyers/status/1458015492547960833?s=20

This sort of publicity should really help that stock price lift off that you are craving... ;)

Finally we disagree.

That £60million is going out of the door in lawsuits. It has to trade profitably from now on or go in the red, or find another golden goose to throw good money after bad.

https://www.devonlive.com/news/devon-news/financially-struggling-national-trust-close-4374976

They don't get commissions. They get a flat advertising fee, payable sale or not. It's a strategy with a near 100% business failure so far.

Until you remember that a shop is a standing 24/7 advertisement and in order to stay relevant PB have to spend the equivalent amount on advertising to stay in the public awareness, which, as you equate in your argument, amounts to them going...

The words "should be" are doing a lot of heavy lifting here.

And in 2021 they will be expecting to break through the glass ceiling in 2022... I would set a diary entry but it is like clockwork...

It's never THIS year with any of the online agents, is it?

House Simple are doing it for... free. The 10 month delay ties you to their notoriously bad solicitors who charge £1,000s and the fee is still payable on 10 months without even a sale. I hope you're not investing off this little research.

"clearly" - lols.

Self-employed people who haven't seen a penny since March being asked to pay £1400 up front regardless of sale?

Sure.

Several things,

1) Extracted from the published results: Note 7 "The content of the Purplebricks website should not be considered to form a part of or be incorporated into this announcement." Is this an admission that what appears on the Purplebricks website is easily proven boohockey?

2) Why haven't they published their glorious upbeat results on their Twitter feed for their customers to see how well they are performing?

3) Why does Bruce's Twitter say he's still CEO? Is someone lying? Again.

4) In FY 2019, our average revenue per instruction increased to £1,243 (FY 2018: £1,168)? How did they achieve that without putting their commission* charge up?

(*purely advertising only fee)

(They did put said commission fee up in November, but left any reference to that out of these results)

5) Why would you own a single share in a business that wrote these sentences: (under UK results) "Marketing cost per instruction (“CPI”) was £382 up from £332, which reflected an unsustainable level of marketing spend... necessitating a higher than normal level of communication of our value proposition in a shrinking market"? (under Canada loss-making results) "Overall marketing spend in FY 2019 increased from the prior year when the business was under previous ownership." You have to keep spending more than is sustainable or fall in to obscurity???

The RICS require their members to have provisions in place for files to be passed on to a new firm in instances such as single member practices where the lone surveyor might get hit by a bus etc.

It is fitting that you brought up well known travel agents on a day that Thomas Cook posted a £1.5 billion loss.

There's been a large (hundred thousand+ to million+ pound) single trade each day since the eve of the 80p target news. So I suspect that owners of the shares are slightly nervous and offloading lest the prediction comes to pass, whilst other's probably think it's in their interests to make the trades and get the price boosted.

Gosh, Woodford's were lucky to cash in a chunk of the eve of the latest bad news: https://otp.tools.investis.com/clients/uk/purplebricksplc/rns/regulatory-story.aspx?cid=2463&newsid=1245715

Poor Purplebricks being bashed by self-interested estate agents again... Oh no wait, https://www.ft.com/content/989ee9c8-5779-11e9-91f9-b6515a54c5b1

Thanks *checks notes* 'Cyberduck'.

Online agent disruptor companies, the billion dollar gamble: https://splinternews.com/the-stupid-idiots-guide-to-the-future-of-uber-and-lyft-1833741006?utm_medium=sharefromsite&utm_source=splinter_copy&utm_campaign=top

Just my 2p worth. Don’t have time today to reply to any comments.