TheCountOfNowhere Posted September 25, 2017 Share Posted September 25, 2017 14 minutes ago, Option5 said: Countrywide took a hit on Monday after Credit Suisse downgraded the stock to 'underperform' from 'neutral' and slashed the price target to 111p from 288p as it took a look at UK estate agents. https://www.digitallook.com/news/broker-recommendations/countrywide-slumps-on-credit-suisse-downgrade--2875842.html And what do they attribute the previous 80% fall to ? Quote Link to comment Share on other sites More sharing options...
Option5 Posted September 25, 2017 Share Posted September 25, 2017 2 minutes ago, TheCountOfNowhere said: And what do they attribute the previous 80% fall to ? Probably people reading your posts It is going as you predicted though, 10/10 and a gold star for you. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 25, 2017 Share Posted September 25, 2017 2 minutes ago, Option5 said: Probably people reading your posts It is going as you predicted though, 10/10 and a gold star for you. The main factor for me was..... THE INSANE UNSUSTAINABLE HOUSE PRICES !!!!! Quote Link to comment Share on other sites More sharing options...
Option5 Posted September 25, 2017 Share Posted September 25, 2017 Just now, TheCountOfNowhere said: The main factor for me was..... THE INSANE UNSUSTAINABLE HOUSE PRICES !!!!! That goes without saying. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 25, 2017 Share Posted September 25, 2017 1 hour ago, Option5 said: That goes without saying. It seems to have escaped several million people. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 25, 2017 Share Posted September 25, 2017 On 25/07/2014 at 1:30 PM, zugzwang said: Die, pig. Die! From 2 years ago now !!! Quote Link to comment Share on other sites More sharing options...
LondonBound Posted September 25, 2017 Share Posted September 25, 2017 Interesting to see Tony Pidgley, founder/Chairman of Berkeley Group sold £46m of his company's shares last week, on top of the £32m he sold back in April. He's closer than anyone else to the market and he can see what's coming. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 25, 2017 Share Posted September 25, 2017 On 10/10/2015 at 11:02 PM, TheCountOfNowhere said: as a forward indicator this shares proved quite good. prices drops a lot, have recovered slightly and are now poised... a mate of mine in the city said to watch this one in the next month. let's see what happens next, could be a real sign of impending doom when it plummets again, I mean if it plummets again. this is not advice. 2 years ago....now everyone is talking about house prices falling.... Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 25, 2017 Share Posted September 25, 2017 On 02/11/2015 at 12:16 PM, TheCountOfNowhere said: how is my mates prediction looking? share price down to 198 today? the idiots on mse were hailing this magical share price recovery as a sign we are wrong. today, I'd say the cat had bounced and it was a sure sign the end is here for the London bubble if the mse idiots want to hear my mates next prediction, well, here it is... you are ########. enjoy the collapse, I know I will. bonnet de douche. I wonder how my friends are these days. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 25, 2017 Share Posted September 25, 2017 On 04/11/2015 at 9:33 AM, TheCountOfNowhere said: you beat me to it. my mate in the know reckons that's it. the bubble is collapsing. it's a matter of time till the msm start reporting it. he thought year on year figures would have happened already but when London collapses it's going to take sentiment and a lot of investors with it. he could be wrong of course but a month ago he told me this share could start to reflect reality within a month and hey ho, what do you know!!! it's Brown pants time for the savvy London "investor". You may have noticed that they started reporting it 6 months ago. 2018 is going to be very interesting funny. Quote Link to comment Share on other sites More sharing options...
spyguy Posted September 25, 2017 Share Posted September 25, 2017 he likes of Foxton are fcked. But at least they have some equity funding. Now imagine you are in some Southern town, tweedy old EA office - SheetGobbler and Son. Youve already laid off everyone but the semireired recptionist. Youve not drawn a salary for months. You pension is invested in a SIPP whose main asset is the work office building. You bought 3 to 4 IO BTL. The last lot of EEers have handed i ntheir notice and 2 places are empty. Youve dropped the rent by 200/m but thats below the monthly mortgage cost. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 25, 2017 Share Posted September 25, 2017 On 27/06/2016 at 11:29 AM, TheCountOfNowhere said: A top bloke on this forum sent ,e a PM once to tell me that some ****wits on MSM were laughing because Foxtons share price was recovering and it wasnt a sign that the market would collapse.... My message to them, for they are surely reading, is...take a look in the mirror, this is what you'll see I've re-read this whole thread, it's hilarious, well worth a read. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 25, 2017 Share Posted September 25, 2017 2 years+ this thread has been going, Foxtons is down 90%+ and still the bubble hasn't collapsed....thanks to Carney's Term funding scheme and his 0.25% IRs. I wonder what'll happen when Term funding is pulled and interest rates DOUBLE to HALF A PERCENT. It's a long game but really, why would anyone risk buying a house under present conditions. Quote Link to comment Share on other sites More sharing options...
Houdini Posted September 25, 2017 Share Posted September 25, 2017 54 minutes ago, TheCountOfNowhere said: You may have noticed that they started reporting it 6 months ago. 2018 is going to be very interesting funny. I suspect I will die from a popcorn overdose Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 25, 2017 Share Posted September 25, 2017 11 minutes ago, Houdini said: I suspect I will die from a popcorn overdose Between you and me, I dont think Foxton will die. They might be a good buy at 50p. Lets hope I'm wrong tho Quote Link to comment Share on other sites More sharing options...
GreenDevil Posted September 25, 2017 Share Posted September 25, 2017 3 hours ago, spyguy said: he likes of Foxton are fcked. But at least they have some equity funding. Now imagine you are in some Southern town, tweedy old EA office - SheetGobbler and Son. Youve already laid off everyone but the semireired recptionist. Youve not drawn a salary for months. You pension is invested in a SIPP whose main asset is the work office building. You bought 3 to 4 IO BTL. The last lot of EEers have handed i ntheir notice and 2 places are empty. Youve dropped the rent by 200/m but thats below the monthly mortgage cost. Where do i sign up? Quote Link to comment Share on other sites More sharing options...
Buzzardo2 Posted September 25, 2017 Share Posted September 25, 2017 4 hours ago, spyguy said: he likes of Foxton are fcked. But at least they have some equity funding. Now imagine you are in some Southern town, tweedy old EA office - SheetGobbler and Son. Youve already laid off everyone but the semireired recptionist. Youve not drawn a salary for months. You pension is invested in a SIPP whose main asset is the work office building. You bought 3 to 4 IO BTL. The last lot of EEers have handed i ntheir notice and 2 places are empty. Youve dropped the rent by 200/m but thats below the monthly mortgage cost. Yup. How about you're an ex-Foxtons dude, possibly with quite a few shares from your days there... Then you set up BornYesterday Estate Agents in DFL-on-Wey, a famous sleepy Surrey town full of ex Barnes and Putney lawyers and other effluent..... Followed by some good old hubristic extra local branches, swallowing up a couple of SheetGobbler and Sons operations along the way - whilst doing a couple of major (guess what?!) housing developments on the side. Hey - what could possibly go wrong? Diversification? That's for sissies who dun got Business Degrees and sh!t man. We're the Hubris Boys, who make P118 look positively sensible. I think I may also die from a popcorn overdose, before this is all over. But no doubt his every-smarmy Missus will keep looking down her nose at everyone around her until the very last. I wonder if The Herald will report the bankruptcy hearing?! B Quote Link to comment Share on other sites More sharing options...
Confusion of VIs Posted September 26, 2017 Share Posted September 26, 2017 6 hours ago, TheCountOfNowhere said: Between you and me, I dont think Foxton will die. They might be a good buy at 50p. Lets hope I'm wrong tho Depends how much debt they are carrying and how low transaction volumes go before the crash proper and volumes start to pick up again. If they haven't gone private again, that would be the time to buy the shares. Did you short them on their way down. Quote Link to comment Share on other sites More sharing options...
spyguy Posted September 26, 2017 Share Posted September 26, 2017 7 hours ago, Buzzardo2 said: Yup. How about you're an ex-Foxtons dude, possibly with quite a few shares from your days there... Then you set up BornYesterday Estate Agents in DFL-on-Wey, a famous sleepy Surrey town full of ex Barnes and Putney lawyers and other effluent..... Followed by some good old hubristic extra local branches, swallowing up a couple of SheetGobbler and Sons operations along the way - whilst doing a couple of major (guess what?!) housing developments on the side. Hey - what could possibly go wrong? Diversification? That's for sissies who dun got Business Degrees and sh!t man. We're the Hubris Boys, who make P118 look positively sensible. I think I may also die from a popcorn overdose, before this is all over. But no doubt his every-smarmy Missus will keep looking down her nose at everyone around her until the very last. I wonder if The Herald will report the bankruptcy hearing?! B I might have misled you ... on yu roosy the future is for bricks+mortar EAs. .... 70% of your income comes from various letting fees/scams.... about to be outlawed by UKGOV. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 26, 2017 Share Posted September 26, 2017 2 hours ago, spyguy said: I might have misled you ... on yu roosy the future is for bricks+mortar EAs. .... 70% of your income comes from various letting fees/scams.... about to be outlawed by UKGOV. Shhhhh, someone musta heard you Low 70.00 Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 26, 2017 Share Posted September 26, 2017 Countrywide Low 115.25 Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 26, 2017 Share Posted September 26, 2017 PurplePricks 368.38GBX10.12 (2.68%) Quote Link to comment Share on other sites More sharing options...
Guest Posted September 26, 2017 Share Posted September 26, 2017 Quote Link to comment Share on other sites More sharing options...
Option5 Posted September 26, 2017 Share Posted September 26, 2017 So, who'll go under first? Quote Link to comment Share on other sites More sharing options...
Guest Posted September 26, 2017 Share Posted September 26, 2017 3 minutes ago, Option5 said: So, who'll go under first? The EA which owns the most highstreet branches, which would be very hard to sell. Quote Link to comment Share on other sites More sharing options...
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