Member Info for majortom1

Agree-100% giving it away at 2.50-just need to sell of a few bits/and then recruit some quality management to get the whole business focused on the future.Why not pay a few ex Connells people a few £ to assist-they have lost a number of ex op board members recently so its not all sunshine and rainbows. I am surprised Skipton want the risk to be honest unless as Adsharpe says its a fire sale and no risk

Hit 30s to day

Listening to radio this morning about an old timer who travelled well in the 60s and used to have "pink slips" in his passport when he travelled confirming he had relevant vaccinations to visit certain countries.

I just dont see its an issue.if you want to go on a cruise you get a vaccination-get doctors certificate and off you go with everyone on your ship vaccinated-happy holidays.or am I being naive

I think the dam is about to burst on income. The pipelines that have been swelling since lock down 1 are just beginning to deliver November and December will be great income months. Q1 will be good as everyone rushes to hit the Q1 SD deadline.

With quick Covid passport and ongoing tests round the corner I am thinking that being on a ship will be safe enough.I also think there is a huge pent up demand no for people to want to travel to lots of locations as opposed to just 1. Covid has put a different perspective on things for many.Plus-as the population ages this is a good long term bet IMO

anyone believe the raise will go beyond 2.50.If so-why is the price stick at this level.

Selling at £2.50 would be criminal.

AM-beautiful car and will always be the aspiration choice of the more more mature car buyer (40 plus) that wants a success badge.that will never change and I think the Asian market for UK brands will go only one way-im holding and holding and holding and if any dip will buy buy buy.

Who else is realistically in the race here? Surely we can expect more than one other offer?

Agreed.

The pipelines will be swelling and with the potential Q1 deadline on Stamp the first Q will be bumper.In addition Gov thinking of extending the deadline so it may well carry one.

any reason why a couple of major share holders join up with Alchemy ?

CWD should try and remain CWD and as you say get someone who know hows to run a EA business to just turn up.

look at the housbuilders to see a much better baromteter of the market than this compnay.every agnet in the land are selling out of stock.

as they say in EA-its agreat time to buy !!

There is a lot of talent out there-removing the senior board will allow more expertise(skill !!) in choosing the right people to take this on. Specifically its about sorting EA out-everything else comes from that.

I hope this isn't a one horse race and Countrywide can rise form the ashes once again in its own right.

but is this not Connells group which included all Sequence branches which is the larger more dominant brand-also Sharman Qunney, G Holman Barnard Marcus etc

Jonathan Smith: Aston Martin Lagonda Global Holdings
The Aston Martin Lagonda Global Holdings (LSE: AML) share price has endured a torrid year so far. Down over two-thirds, the temporary closing of the manufacturing site along with rising debt levels has concerned investors. However, I think the stock looks undervalued. When you compare the market capitalization of circa £900m to the enterprise value of £1.66bn, there is a larger disparity than normal.

Add into the mix the new DBX model, which is the first SUV Aston Martin has produced. Given the success seen in this market segment via Porsche, the DBX could provide the catalyst for making a profit in 2021.

Connells trousered a huge amount of money from the Gov during lockdown. How can they then go out Christmas shopping for £80 plus million.

The Possible Cash Offer does not constitute an offer or impose any obligation on Connells to make an offer-all subject to DD and i imagine monopolies rulings as well. Id cash in at this price-but back in again later

can you really not believe it -I can

Issue is if the deal doesn't go through are we left with Long and Creffield!On the current business the o/s pipeline must be capable of producing very good profits between now and end Q1 .Plenty of time to sort it all out and reduce costs on no hopers-and recruit quality talent ..... if headhunters get out and find the right people.NOT CWD headhunters/ the woeful HR department and lets recruit seasoned estate agents not some other industry that hasn't got a clue or the pre Platt mob at CWD. This business has to move forwards-fresh and with purpose.

Didn't Oaktree make a packet once before from CWD taking it public.

I can categorically say that the market bounce post lockdown has surprised everyone including most agents. Right across both the second-hand and new Build Markets and in turn FS/legal etc etc

Pipelines should be way up in every agent in the land and if not something has gone horribly wrong. The larger the agent the bigger the upside in terms of market bounce.