Member Info for majortom1

If the Government back 1% mortgages this will transform the london market in terms of sales.has to be agreat time to buy in beofre the 6th IMO

What price when sell to Sid now I wonder

Interesting. But what's your view on the Foxtons bottom line for last year ?

So...revenues down a third then -ouch

14 million on acquisitions-is this in the top line results-are we comparing like with like on revenue growth.For m that is the big Q .............as anyone can grow MS by buying it

From the Fools at Motley

I’m searching for the best stocks to buy for my UK shares portfolio in the New Year. Here are three on my watch list.

A top lithium stock

Investing in lithium stocks has considerable long-term potential as electric vehicle (EV) adoption takes off. The silvery-white metal is of course a critical component in the batteries that make them run.

Africa-focused Kodal Minerals (LSE:KOD) is one such stock on my radar today. It’s developing the Bougouni mine in Mali, which contains a whopping 31.9m tonnes of lithium

The company aims to complete construction and start production in 2024. And it’s fully funded to get the project off the ground following a $100m cash injection last January from Hainan Mining. The deal, which saw the Chinese miner take a 51% stake in the project, helps reduce risk for shareholders.

Positive development news at Bougouni could lift Kodal’s share price through the roof. Though remember that bad news on this front would have the opposite effect. I’ll be paying close attention in the months ahead

Is Tullow in any way affected by the Red Sea issues ?

So-sales may be down 20% and costs are up not to mention buying businesses do not come free-whats your reasoning to think the results will be the best in the history of Foxtons .You on about TO or making money

Missed this tbh-6 months 2023 Connells Group. Chairman and CEO now gone .

the group incurred a net loss before tax of £(5.8)m (June 2022: £28.9m profit). Earnings before

interest, tax, depreciation and amortisation (EBITDA)

7, a common measure of estate agency performance,

was £16.4m compared with £63.1m for the same period in 2022;

Shows the challenges of the market ?"nd 6 months better or worse ?

Help for ftb tomorrow and this will fly-tend to sell the cheaper homes

It interesting ref the turnaround comment for Foxtons. I see it that lettings in every single company has risen dramatically. as a result the cost of buying lettings books has also risen .they are not free so whilst revenues increase its a huge short term costs. sales are down in the dumps-20% ??)but rather that control costs here spend lots of money on new cars/more staff.id wait until i see the real comparative P and ls before I congratulate anyone. Foxtons are a lettings company-what happened to the roll out across the commuter belt that everyone at the time thought was a great idea?

Https://www.statista.com/statistics/452025/projected-total-demand-for-lithium-globally/

Good synopsis-thank you.

Agree some risk but with the Chinese n board they will want to protect investment and they have an uncanny way of getting what they want right !!!

Filled my boots on the ridiculous fall yesterday. It was outrageous

Ill never understand this game.

Glencore to take Tullow stake/Tullow ?

By the end of November it will be 1 or very very close to it

Https://www.sharecast.com/news/broker-recommendations/canaccord-genuity-raises-target-price-on-kodal-minerals--15130740.html

Does anyone think that Tullow could be a takeover target ? There seems to be a lot of activity in the sector right now and it looks cheap-was Indian Oil looking at it ?

A an industry veteran of more than 30 years across large companies what the RNS fails to mention of course is the cost of the turnaround plan. Its unlikely we will see nay improvement next year so all eyes on the bottom line-apart form this chap Gittens it seems -worrying