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Countrywide share price


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HOLA441
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£200m of debt on the balance sheet makes it impossible to shrink the overextended business hence a deeply discounted rights issue highly likely to come shortly. And the more the share price falls, the more new shares which will only drive down the share price further. Death spiral...

No wonder they can't find a new CEO to take this hospital pass. Career suicide. 

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I received this email from them today (anonymised in case I'm not allowed to do this)


From: XX@Countrywide.co.uk>
Sent: 28 February 2018 15:09
Subject: Taylors Estate Agents
 

Good Afternoon

I hope this e-mail finds you well?

Excuse my direct approach but you were previously registered with us looking for property.

The reason for my e-mail is we are currently looking to recruit enthusiastic people to work for Taylors Estate Agents in our busy <town removed> office.

If you or anyone you know would be interested in a job working for the largest Estate Agents in <town removed> then please let me know and we can have a chat.

Once again, apologies for my direct approach but let me know if you’d be interested or please pass my details on to anyone you know who may be interested.

Kind Regards

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Just now, Odysseus said:

Anyone know which are the best shares to short if you’re bearish on hair gel and cheap suits?

Might as well ignore Foxton and Countrywide....both down around 90%...you've missed the boat there.

Anyone any thoughts on rightmove ?

 

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