TheCountOfNowhere Posted June 6, 2019 Author Share Posted June 6, 2019 25 minutes ago, spyguy said: Neil Woodford probably ... ????? Quote Link to comment Share on other sites More sharing options...
hotblack42 Posted June 6, 2019 Share Posted June 6, 2019 21 hours ago, TheCountOfNowhere said: Who's buying? That's the interesting bit. Its dead cat bounced to 3.8. I wonder what the buyers think they are getting? Or are they just gambling on there being a 4p greater fool..? The sellers must be thinking along the lines of "there's a grand or so I thought I'd never see again" Quote Link to comment Share on other sites More sharing options...
bushblairandbrown Posted June 9, 2019 Share Posted June 9, 2019 On 06/06/2019 at 14:05, hotblack42 said: Its dead cat bounced to 3.8. I wonder what the buyers think they are getting? Or are they just gambling on there being a 4p greater fool..? The sellers must be thinking along the lines of "there's a grand or so I thought I'd never see again" Ludicrous headlines follow that tiny rise: https://www.propertyindustryeye.com/countrywide-shares-shoot-up-while-stakes-are-raised-and-lowered-at-purplebricks/ Quote Link to comment Share on other sites More sharing options...
rantnrave Posted July 29, 2019 Share Posted July 29, 2019 Countrywide is now ‘beyond salvation’ says founder Harry Hill https://www.propertyindustryeye.com/countrywide-is-now-beyond-salvation-says-founder-harry-hill/ Countrywide is “beyond salvation”, according to its founder Harry Hill. Hill tweeted after a piece in yesterday’s Sunday Times which was run under the headline ‘Why the Long face at Countrywide’, and was critical of executive chairman Peter Long. Hill tweeted: “The fact that P Long (Sun Times today) is still in place at Cwd plc simply proves how inept his board (and major investors) are. Sadly the business is beyond salvation.” Writing in the Sunday Times, Liam Kelly said that Hill faced an uphill struggle “to save our biggest estate agency chain”. He claimed that former chief executive Alison Platt had “good reason to feel sore about her treatment by Long”, who had thrown her “under the bus in public”, according to an un-named former insider. The inside source said it had been easy to blame Platt for Countrywide’s ills, but Long had been chairman, overseeing her decisions. The article also quoted Numis analyst Chris Millington who said: “Regardless of who is at the helm, it feels like the rot has set in.” Countrywide floated in March 2013, with a share price of 350p and a valuation of £750m. Today’s share price is around 5.3p, with a market valuation of under £90m. The article also says that Long personally bought £300,000 worth of shares in Countrywide last summer, proving his own confidence in the business. Today, his investment is worth around £120,000. The article does not quote Long himself, but does say that some “cautious optimism” is provided by Boris Johnson’s apparent plans to reform Stamp Duty. Countrywide is due to deliver its half-year results on Wednesday. Quote Link to comment Share on other sites More sharing options...
spyguy Posted July 29, 2019 Share Posted July 29, 2019 4 minutes ago, rantnrave said: Countrywide is now ‘beyond salvation’ says founder Harry Hill https://www.propertyindustryeye.com/countrywide-is-now-beyond-salvation-says-founder-harry-hill/ Countrywide is “beyond salvation”, according to its founder Harry Hill. Hill tweeted after a piece in yesterday’s Sunday Times which was run under the headline ‘Why the Long face at Countrywide’, and was critical of executive chairman Peter Long. Hill tweeted: “The fact that P Long (Sun Times today) is still in place at Cwd plc simply proves how inept his board (and major investors) are. Sadly the business is beyond salvation.” Writing in the Sunday Times, Liam Kelly said that Hill faced an uphill struggle “to save our biggest estate agency chain”. He claimed that former chief executive Alison Platt had “good reason to feel sore about her treatment by Long”, who had thrown her “under the bus in public”, according to an un-named former insider. The inside source said it had been easy to blame Platt for Countrywide’s ills, but Long had been chairman, overseeing her decisions. The article also quoted Numis analyst Chris Millington who said: “Regardless of who is at the helm, it feels like the rot has set in.” Countrywide floated in March 2013, with a share price of 350p and a valuation of £750m. Today’s share price is around 5.3p, with a market valuation of under £90m. The article also says that Long personally bought £300,000 worth of shares in Countrywide last summer, proving his own confidence in the business. Today, his investment is worth around £120,000. The article does not quote Long himself, but does say that some “cautious optimism” is provided by Boris Johnson’s apparent plans to reform Stamp Duty. Countrywide is due to deliver its half-year results on Wednesday. Its a company, not a sinner. Quote Link to comment Share on other sites More sharing options...
Burbujista Posted September 23, 2019 Share Posted September 23, 2019 I have got a good feeling that we will see new all time lows soon... Quote Link to comment Share on other sites More sharing options...
Aidan Ap Word Posted October 9, 2019 Share Posted October 9, 2019 (edited) On 23/09/2019 at 21:22, Burbujista said: I have got a good feeling that we will see new all time lows soon... Indeed ... but a 3% rise from those doldrums is news worthy of highlighting in a report by our favourite spin-masters, https://www.estateagenttoday.co.uk/breaking-news/2019/10/countrywide-share-price-steady-following-appointment-of-new-coo And a careful use of percentages in one phrase and nominals in another ... Quote The agency's share price ticked up slightly yesterday, closing at 3.91p, a rise of just under 3%. However, it still remains woefully low compared to a peak of 599p in May 2015. A "rise of just under 3%" is put in the same sentence as "compared to a peak of 599p" which represents a fall of 99.34%. Thought their spin-checker failed to replace the "typo" 'woefully'. Would grammarly have done a better job? Edited October 9, 2019 by Aidan Ap Word Spelling Quote Link to comment Share on other sites More sharing options...
jimmy2x3 Posted October 11, 2019 Share Posted October 11, 2019 well this is interesting. liking a small punt on lost causes i thought i would take a wee look . so checking out the wiki i noticed that very oddly they have not updated the financial info since 2015, its not like they aint been on to do it because they updated a few things in 2018. they however left the company showing a large net worth and profit. very odd. Traded as LSE: CWD Industry Estate agents Founded 1986 Headquarters Chelmsford, Essex Key people Peter Long (executive chairman), Himanshu Raja (CFO), Paul Creffield (Group Managing Director). Revenue £ 718.7 million (2015)[1] Operating income £ 91.9 million (2015)[1] Net income £ 41.8 million (2015)[1] Number of employees 10,000 (2018)[2] Website Countrywide.co.uk Quote Link to comment Share on other sites More sharing options...
jimmy2x3 Posted October 11, 2019 Share Posted October 11, 2019 well i took a little gamble on it today, im a sucker for an outside bet. Quote Link to comment Share on other sites More sharing options...
spyguy Posted October 12, 2019 Share Posted October 12, 2019 22 hours ago, jimmy2x3 said: well i took a little gamble on it today, im a sucker for an outside bet. Fools investment. Spreads on buy n sell will wipe out that '30% ' increase.... Quote Link to comment Share on other sites More sharing options...
dragging boot straps Posted October 12, 2019 Share Posted October 12, 2019 Finally got my £100 back from the conveyancing business after my purchase last year. They can go to the dogs now although they did a really good job. Quote Link to comment Share on other sites More sharing options...
jimmy2x3 Posted October 12, 2019 Share Posted October 12, 2019 (edited) 5 hours ago, spyguy said: Fools investment. Spreads on buy n sell will wipe out that '30% ' increase.... spread was about 5% allready up 6%. its just a small punt, but i just think with the debt paid down, a new ceo, and big institutions willing to gamble 140 mill there is a recovery play here. i might be wrog and ive been wrong before many times but when it works it works really really well. remember bp? remember apple? whats the old saying buy when everyone is selling and sell when everyone is buying. thinking sirius minerals is worth a punt on monday Edited October 12, 2019 by jimmy2x3 Quote Link to comment Share on other sites More sharing options...
spyguy Posted October 13, 2019 Share Posted October 13, 2019 11 hours ago, jimmy2x3 said: spread was about 5% allready up 6%. its just a small punt, but i just think with the debt paid down, a new ceo, and big institutions willing to gamble 140 mill there is a recovery play here. i might be wrog and ive been wrong before many times but when it works it works really really well. remember bp? remember apple? whats the old saying buy when everyone is selling and sell when everyone is buying. thinking sirius minerals is worth a punt on monday Sirius has annoyed the f out of me. The mine is about ~3 miles up the road. 'WHat do you reckon spy?' people in the pub ask. 'It somewhere between a high risk gamble and an out an out con' <a few weeks alter> 'Weve drawn out our life savings of 30k+ and bought shares. xxxx(diot from pub) says its going to go up 100x. Well be millionaires' <few years later> 'Weve lost everything ... Quote Link to comment Share on other sites More sharing options...
jimmy2x3 Posted October 13, 2019 Share Posted October 13, 2019 (edited) 9 hours ago, spyguy said: Sirius has annoyed the f out of me. The mine is about ~3 miles up the road. 'WHat do you reckon spy?' people in the pub ask. 'It somewhere between a high risk gamble and an out an out con' <a few weeks alter> 'Weve drawn out our life savings of 30k+ and bought shares. xxxx(diot from pub) says its going to go up 100x. Well be millionaires' <few years later> 'Weve lost everything ... yes lots of people did a very stupid thing, they put to much of their eggs in one basket, same happened up here with scotgold. a lot of employees do the same then they get burnt. its mostly greed that makes them, and also the idea there neighbours might get rich while they lose out. i prefer to gamble on crash shares that have hit a low, i wait till something then changes, ie in countrywides case if they drop anymore they dont exist anymore. its hit the bottom. but its got rid of a lot of its debt, companies going bust dont usually do that. also it was a profitable company till 2 years ago, infact its pe was nearly 1 at these prices. so i suspect countrywide will now either be bought out or all unprofitable parts that caused the massive change in fortunes will be dumped out. who knows you pay yer money you take your pick. im betting some divi money only. also will add, you find with shares like sirius the same folk that all dived in then panic and all jump out. crashing the price further than is necessary. that mine will still be build they even signed another deal this week for the product. a lot of money has allready been spent. id reckon in a couple of weeks a big investor is going to take a slice. Edited October 13, 2019 by jimmy2x3 Quote Link to comment Share on other sites More sharing options...
jimmy2x3 Posted October 15, 2019 Share Posted October 15, 2019 up another 8% today Quote Link to comment Share on other sites More sharing options...
Will! Posted January 1, 2020 Share Posted January 1, 2020 On 03/06/2019 at 13:45, Burbujista said: How low can this go before it’s delisted and into administration? Is the stock exchange happy to have something trading at 1.00p? That problem has been avoided for now. It's a sure sign of desperation though. Investegate: Statement re Share Consolidation and TVR Quote Link to comment Share on other sites More sharing options...
jimmy2x3 Posted January 2, 2020 Share Posted January 2, 2020 i sold out not long after my last post here for a 22% profit for a couple of weeks. Quote Link to comment Share on other sites More sharing options...
spyguy Posted January 2, 2020 Share Posted January 2, 2020 9 hours ago, jimmy2x3 said: i sold out not long after my last post here for a 22% profit for a couple of weeks. Picking up pennies in front of steam rollers.... Quote Link to comment Share on other sites More sharing options...
spyguy Posted January 2, 2021 Share Posted January 2, 2021 And it's gone https://www.ft.com/content/3ca0b921-c334-4e24-900c-97e06f67f985 Connells has agreed to pay 395 pence per share, valuing Countrywide at £134m. The majority of Countrywide shareholders have indicated their support for a sale at that price, clearing the way for the acquisition to complete in the first quarter of 2021. Let the mass sackings and office closures begin! Quote Link to comment Share on other sites More sharing options...
Huggy Posted January 2, 2021 Share Posted January 2, 2021 And it's gone https://www.ft.com/content/3ca0b921-c334-4e24-900c-97e06f67f985 Connells has agreed to pay 395 pence per share, valuing Countrywide at £134m. The majority of Countrywide shareholders have indicated their support for a sale at that price, clearing the way for the acquisition to complete in the first quarter of 2021. Let the mass sackings and office closures begin! Bye bye, and sharpen those chopping axes 😄 Quote Link to comment Share on other sites More sharing options...
Timbuk3 Posted January 13, 2022 Share Posted January 13, 2022 Resurrecting this old thread as it's in the news again. https://www.cityam.com/trouble-in-paradise-countryside-properties-shares-collapse-as-trade-slips-and-ceo-steps-down/ Quote Link to comment Share on other sites More sharing options...
Timbuk3 Posted January 13, 2022 Share Posted January 13, 2022 1 minute ago, Timbuk3 said: Resurrecting this old thread as it's in the news again. https://www.cityam.com/trouble-in-paradise-countryside-properties-shares-collapse-as-trade-slips-and-ceo-steps-down/ my mistake - different company me thinks Quote Link to comment Share on other sites More sharing options...
Huggy Posted January 13, 2022 Share Posted January 13, 2022 13 minutes ago, Timbuk3 said: my mistake - different company me thinks Good news is good news! Added to all of the other good news right now just improves a cold dark January. Returning to the takeover news: https://www.estateagenttoday.co.uk/breaking-news/2021/2/countrywide-acquisition-by-connells-to-be-rubber-stamped-today In the comments: Quote £7226 spent on shares as an employee. I had hoped the share price would improve and one day and at least realise some of the cash spent. Today’s value £101.76! Thanks Alison Platt not only did you screw up business when you were there but 5 years on your still screwing us! Quote Link to comment Share on other sites More sharing options...
spyguy Posted January 13, 2022 Share Posted January 13, 2022 Transaction numbers are so low that I sort of wonder what EAs are doing for money esp, since rentals fees were stopped. Giles Purplecords - OnlyFans exclusive..... Quote Link to comment Share on other sites More sharing options...
jimmy2x3 Posted January 13, 2022 Share Posted January 13, 2022 traditional estate agents are finished however there is room for short term letting agencies who clean and repair a all in one solution for airbnb type properties. home owners though gonna have to pay a large chunk for this service. Quote Link to comment Share on other sites More sharing options...
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