crazypabs Posted August 19, 2020 Share Posted August 19, 2020 Headline: Major Countrywide shareholder demands “bold action" to save company https://www.estateagenttoday.co.uk/breaking-news/2020/8/major-countrywide-shareholder-demands-bold-action-to-save-company Quote Link to comment Share on other sites More sharing options...
msi Posted August 19, 2020 Share Posted August 19, 2020 Richard Branson is in front of your queue Quote Link to comment Share on other sites More sharing options...
rantnrave Posted August 19, 2020 Share Posted August 19, 2020 But aren't EAs busier than ever at the moment? Quote Link to comment Share on other sites More sharing options...
Fromage Frais Posted August 19, 2020 Share Posted August 19, 2020 4 minutes ago, rantnrave said: But aren't EAs busier than ever at the moment? Thats the paradox The property market can be bu buy buy/ great time / boom / get in before its too late.....whilst at the same time needing massive subsidies/tax cuts etc etc/banks removing products. At best its a boat with holes in it with the government desperately under the waterline patching and pumping out water with agents selling tickets. From the quay side its bobbing along nicely in the sunshine but out in that sea it could sink any time. Quote Link to comment Share on other sites More sharing options...
richmondtw Posted August 19, 2020 Share Posted August 19, 2020 12 minutes ago, Fromage Frais said: Thats the paradox The property market can be bu buy buy/ great time / boom / get in before its too late.....whilst at the same time needing massive subsidies/tax cuts etc etc/banks removing products. CW are a huge unwieldy company that have been ,losing money for years even in a good market Quote Link to comment Share on other sites More sharing options...
Unmoderated Posted August 19, 2020 Share Posted August 19, 2020 They've written off half a bil of goodwill in 4 years, only a quarter of a bil to go Quote Link to comment Share on other sites More sharing options...
Trump Invective Posted August 19, 2020 Share Posted August 19, 2020 Screw them, get off my screen Quote Link to comment Share on other sites More sharing options...
spyguy Posted August 19, 2020 Share Posted August 19, 2020 2 hours ago, crazypabs said: Headline: Major Countrywide shareholder demands “bold action" to save company https://www.estateagenttoday.co.uk/breaking-news/2020/8/major-countrywide-shareholder-demands-bold-action-to-save-company Catalist Partners has 10.48 per cent of Countrywide’s shares; it is led by agency industry veteran Robin Paterson who was an influential figure behind Hamptons International and Barnard Marcus in the 1990s. I hope that was recent pruchase. Id have hate to have bought that 10% when shares were £150 rather than todays £1.33 Market cap of 43.90M today. https://www.robin-paterson.com/career.php Quote Link to comment Share on other sites More sharing options...
Will! Posted October 22, 2020 Share Posted October 22, 2020 Countrywide: Strategic investment by Alchemy "Countrywide plc ("Countrywide", the "Group" or the "Company") today announces a proposed recapitalisation that includes a fully underwritten equity raising of approximately £90 million. As part of this recapitalisation, funds advised by Alchemy Partners will invest up to approximately £90 million in the Company by way of a Firm Placing and Placing and Open Offer and by funding the repurchase of shares by the Company pursuant to a Tender Offer. Following the recapitalisation, Countrywide will have a streamlined Board, with a new Chairman, Carl Leaver, joining the Board following completion. Alchemy is also in discussions with a potential new Chief Executive Officer to lead the development of a detailed execution plan following a strategic review." An Estate Agent and Private Equity: they deserve each other. Quote Link to comment Share on other sites More sharing options...
Will! Posted November 9, 2020 Share Posted November 9, 2020 Connells makes an approach... Investegate: Statement re Possible Offer and Postponement of General Meeting Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 9, 2020 Share Posted November 9, 2020 Connells makes an approach... Investegate: Statement re Possible Offer and Postponement of General Meeting Skipton BS you mean!!!! Quote Link to comment Share on other sites More sharing options...
crazypabs Posted November 9, 2020 Author Share Posted November 9, 2020 CW at risk of administration https://www.estateagenttoday.co.uk/breaking-news/2020/11/countrywide-at-risk-of-entering-administration--claim Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 9, 2020 Share Posted November 9, 2020 (edited) CW at risk of administration https://www.estateagenttoday.co.uk/breaking-news/2020/11/countrywide-at-risk-of-entering-administration--claim Share price went up 40% today, though it is a penny share even though its a penny share (was refactored to make it look more valuable) that's still a good gain. I've been wondering why it's share price has been clinging....now we know. Skipton BS will own a lot of debt pushers Ps...just read the statement, that's proper comedy gold. Cant trust estate agents Even if connells buy them, they'll go bust when Skipton bs goes under Edited November 9, 2020 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
adarmo Posted November 9, 2020 Share Posted November 9, 2020 Share price went up 40% today, though it is a penny share even though its a penny share (was refactored to make it look more valuable) that's still a good gain. I've been wondering why it's share price has been clinging....now we know. Skipton BS will own a lot of debt pushers Ps...just read the statement, that's proper comedy gold. Cant trust estate agents Even if connells buy them, they'll go bust when Skipton bs goes under Cor blimey, could've had another cheeky 20k on that!! Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 9, 2020 Share Posted November 9, 2020 (edited) Cor blimey, could've had another cheeky 20k on that!! I'll stick to shares in stuff that society needs if you don't mind. Oils not a gamble, the big energy companies will evolve too. Big dividends come pension time too. Chain of commission based spivs.... Too risky to put real money in Edited November 9, 2020 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
Twenty Something Posted November 9, 2020 Share Posted November 9, 2020 Cor blimey, could've had another cheeky 20k on that!! Quote Link to comment Share on other sites More sharing options...
adarmo Posted November 9, 2020 Share Posted November 9, 2020 I'll stick to shares in stuff that society needs if you don't mind. Oils not a gamble, the big energy companies will evolve too. Big dividends come pension time too. Chain of commission based spivs.... Too risky to put real money in Funny one isn't it. The world needs oil but increasingly it's the last thing it needs. Oil/ energy companies are good for dividends going forward imho. Quote Link to comment Share on other sites More sharing options...
adarmo Posted November 9, 2020 Share Posted November 9, 2020 🤩 Quote Link to comment Share on other sites More sharing options...
Social Justice League Posted November 9, 2020 Share Posted November 9, 2020 "Bold Action"........lol. Quote Link to comment Share on other sites More sharing options...
longgone Posted November 10, 2020 Share Posted November 10, 2020 I'll stick to shares in stuff that society needs if you don't mind. just not zoom shares 🤣 Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 10, 2020 Share Posted November 10, 2020 just not zoom shares 🤣 Had a mate only last week tell me he'd made a few bob on zoom shares and wishes he had bought more....I hope he didn;t Quote Link to comment Share on other sites More sharing options...
richmondtw Posted November 10, 2020 Share Posted November 10, 2020 Do not invest then ? Quote Link to comment Share on other sites More sharing options...
Will! Posted November 10, 2020 Share Posted November 10, 2020 The Financial Times covers Countrywide and Connells/Skipton. Financial Times: Countrywide investors shouldn’t put house on successful approach Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 10, 2020 Share Posted November 10, 2020 The Financial Times covers Countrywide and Connells/Skipton. Financial Times: Countrywide investors shouldn’t put house on successful approach If they pull the rug that'll be them in admin. I'd be selling my shares this week Quote Link to comment Share on other sites More sharing options...
Will! Posted November 12, 2020 Share Posted November 12, 2020 Connells/Skipton says Countrywide is at risk of going into administration, but also that it's worth £82m? It's difficult to work out who's the greater fool here. Quote Link to comment Share on other sites More sharing options...
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