focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Most lithium comes from Australia or South America. Australian miner FireFinch said it would press ahead on a lithium mining project in Mali, partnering with China’s Jiangxi Ganfeng Lithium to invest $255m.
Assuming it doesn't go into receivership is not the brand /business not worth more to a acquiring company
Other option-Why wouldn't Axel acquire the remaining shares at this price. Or one of the big equity firms
Run well it has legs fir the future.
Too reliant on the secondhand market.Poor FS-poor lettings-Poor NH -no real plan All have recurring income for when the market dips and dives.that and all the other issues on it costs model makes it a very worrying time.Why work here when you can work at a more established brand that offers the same.Agree with earlier comments-the upper management is very poor and lacks credibility. Would have done well to go to the market offer 500k plus package and bag a proper all rounder in the industryi have bought in at this level as the brand is very strong and at this level is cheap.Someone could take it on and make it a great agnet IMO
Issue here is this will never return a dividend
Poor FS. Poor lettings. No New Home presence
It’s doomed I’m afraid -even for those that live in Disney land
Be careful what you post -you may end up looking silly very quickly
https://propertyindustryeye.com/will-other-agencies-now-drop-self-employed-model/
basis of the business was to have self employed agents benefitting from the SE status. Cheap fees buying the bsuiness.We now have a move to employed and putting fees up-so-an estate agent then -wait for the massive talent drain. Its over IMO
this is going to be a costly transition and employed wont work unless the fees increase.this business was built on attracting god agents who want to be self employed and charge a cheap fee. ALSO-a small factor-the volume of houses now coming to market is well done-so volumes will be down.Its a very tricky time for this brand and if they go this route they may as well join the High Street brigade. Wondered why Connells Group bought all those offices with a handy dollop of cash form the taxpayer whilst everyone else was saying online is the future--now you know