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Today. Once Chris Akers starts tweeting I am hopeful something is happening in the background and sp is likely to rise. It's about time it did as this has been quiet for a long time.
When you think the BOD have managed to reduce the SP by 50% since the IPO it is a a remarkable achievement in a relatively short period of time, given all the acquisitions since then. They are truly in a class of their own!
I sold my last shares at £2.45 thinking there was a total lack of direction and a very inexperienced BOD. Well am I glad I did and I'm now thinking this will go much lower as they continue to dismantle the business. Will look to buy back near to £1, otherwise won't bother. Platt is just way out of her depth and has made some very poor appointments in senior positions.
I sold my holding back in July thank goodness. The writing was on the wall exposing the BODs lack of experience and the number of long serving Management departures. I also noted sells by Institutional Investors which is always a bad sign. I think this will take time to turn around and don't think the current CEO will be able to effect this, so will watch for a change at the top before buying back in. What GT had, following on from previous CEOs was a broad based Management team and currently this is missing.
PRS has taken a 17.3% stake after the placing so maybe some news of an investment soon.
Or a share buy back or share re organisation more likely? Encouraging that the BOD are planning something to boost the sp to a more realistic value.
Well at least we're actively implementing the strategy at a reasonable yield. may go to the next AGM to get a better grip on this.
Well now we know why stock was difficult to come by. Perhaps we will see a gradual rise from now on as we progress the new strategy. About time things livened up.
Continuing shambles. I'm out before this drops even further.
Just tried to top up with a few but going to N/T for any size. So did a dummy sell and again N/T. So, no market in these at the moment. Any views?
I read somewhere that retail volume picked up markedly in January so maybe we will be ok volume wise. I have a feeling there is quite strong support at the present sp level, always depending on general market conditions, and we are protected by the high yield if maintained. All in all an interesting prospect for the remaining q1.
Non Exec Chairman leaving and CEO attaches to Tesco! What is going on? Some Director commitment and some property related experience lacking here.
I will hold here and see what happens. I wonder whether the CHA debacle might make it important to get a deal agreed with AVP to restore a bit of credibility within the BOD and their cronies?
It was me and I am still confident this will evolve into a good share in the future. Am not going to the AGM this time but will continue to watch closely as the BOD are well respected and connected. GLA
You would say that, but that's not the word in the market. Good luck.
What I was hearing at the leading New Homes Industry Awards lunch was that there are many staff having to re apply for their jobs, many are trying to jump ship and morale is low. I don't think this is going to drive the Business into growing success in the near to mid term. Interesting to see where the sp goes from here.
No, there is you and me, Marcus Yeoman and whoever just purchased 300,000. Probably many more living in hope that we will get some action and a rising SP soon.
Decrease in performance was more or less expected following Foxtons recent figures. However, what I will watch closely is the way the BOD deal with tougher Market conditions should they persist. None of the top Management have property backgrounds as far as I can see and a number of experienced senior people have left in recent months.
Social media saying oversold and due a rise.
Up today 24%.