Member Info for majortom1

do they have to pay he Cjrs back??

100% the bottom line results will look very good. Massive cost savings due to Gov support and a swelling pipeline due to a mini boom. Just be interesting to see how they present the bottom line results.

Maven Investment Partners Ltd-who are these guys

Spot on.Some people just roll over

markets slowing this year so far. Uncertainty seems to be the norm.Could go either way.The H2B just for FTB will affect TW more than Persimmon.

But what about those holding form 3 years ago .Not so rosy!

I imagine most long term shareholders will be keeping their fingers crossed for a last minute change of direction=but who?

This business run correctly is a sleeping giant but it seems CWD staff who remain defining silent about every thing (like scared mice) and equity from overseas seem to just want to stand by and let it happen. Unbelievable really. Do CWd as a major aggressive competitor as once was - want to be taken over by Connells who they must hate!Not one post on linkedin from CWD staff/or on the property sites suggesting they want to remain as CWD proper.

Surely LSH sold off and say a few other bits of more marginal brands and some basic cost cutting could recoup a lot of initial pain of acquisition. I know some decent sized firms who would be very interested in some of the smaller brands. Always another way to skin the cat.

Maybe Connells have rubbed up with say LSL to do just that-but Im surprised Alchemy didn't look at an easy way to up their bid .

Have CWD even looked at who could come in and add value-some really bright non /ex Connells Senior management out there.

Connells squiring shares direct

Sain-surely this is a done deal now with Connell Group. Alchemy are out. No one else I can think off in Agency would want the risk.
I have no doubt if it stays as CWD and a management team put out to external headhunters an assemble of a high performing team is out there.Issue is it has been with the internal recruitment team to sort the solution.

If the deal is done at end Q1 wont any buyer be buying a diminished pipeline-ref Stamp Duty timeline.

why the sell off if things look so good

Wait for the Connells Chip later on down the road

Covid passport and off you go-new vaccine costs pence and when the majority/all of vulnerable vaccinated I'm sure you will -at a cost -pop into boots.

Does anyone know if there Is there a timeline to agree /reject a deal. Does Alchemy need to put a new offer forward in a certain timeframe.

any news on whats happening with Connells/Alchemy

What was the Gov support figure.

Waiting for the revised Alchemy bid.

Alchemy said Monday it is considering its options, what news ?

It was that December was always the month that had the highest level of exchanges/completions.Whilst q4 will be strong it will be Q1 that that will see the bulk of the pipelines go through. Mainly due to the sheer weight of cases with the conveyances some of which lost people during Covid LD1 and now are frantically recruiting. So Q1 is going to be THE BIG ONE IMO-probably I would say the best start to any year we have ever had,

Yes-H2 is going to be huge.£4 minimum IMHO

I believe you are very right- CWD needs fixing and its fix-a-up-able . The FS Business, New Homes, Conveyancing Referral and surveying business at Connells made all the money(thats fact by the way)-Estate Agency(ie secondhand) probably broke even at best. For sure they had a few very good EA branches but so still do Countrywide.They need to offload LSH once and for all (Connells owned it once upon a time weirdly)and focus on what makes the money by managing the Estate Agent business to deliver the other stuff. Simples
LSL-great surveying business and took a brave decision to shut a lot of branches. Not sure about that but in light of Covid was a lucky move.

Connells run a discipline business focusing on the right things-thats all-no magic there

CWD at less that than at least double this is daylight robbery

(PS dont understand the debt issue as much as many will so i merely offer comparison between businesses)