MediaZest – “Project Completion” update, what about some insight on results for a year finished approaching four months ago?
Published 8 days ago
From the FCA's spreadsheet of short positions required to be disclosed to it, we previously updated at Easter the top shorted London-listed shares HERE. The following updates, showing those with a current reported short position of +7% (those in bold new entrants post the Easter update)...
Published 66 days ago
London estate agency Foxtons (FOXT) has updated on the first quarter of 2017, seeing a significant decline in revenue on the corresponding 2016 period though arguing “performance has been in line with the board's expectations”…
Published 192 days ago
Already down to sub 100p having commenced 2016 at 188p, has a full-year trading update helped shares in London estate agency Foxtons (FOXT) recover somewhat? Er, nope…
Published 237 days ago
Estate agents took a big hit last week when Chancellor Philip Hammond’s Autumn Statement revealed a surprise, in the form of a ban on letting fees.
Published 352 days ago
I have been doing some work to show that the claims made by the left that Brexit has caused a sharp rise in hate crimes are at best academically flawed and thus unproven and at worst an outright lie. That leads me very directly onto claims made by Malcolm Stacey today on Brexit and house prices as he discussed Foxtons (FOXT) HERE. I take that article apart completely as my old friend is just wrong.
Published 353 days ago
Hello Share Chippers. An estate agent with a big interest in London is Foxtons (FOXT). But how could anyone suggest this share is worth a look after Brexit? Surely properties in the Smoke will be in the firing line now that we are to leave the EU?
Published 358 days ago
Foxtons (FOXT) shares reached an all-time low since their 2013 flotation in the wake of the EU referendum, and despite recovering from that nadir, sentiment remains weak. The shares are changing hands today at 113p, 8% lower on the day, in the aftermath of their latest interim results.
Published 363 days ago
Estate agents and housebuilders plummeted after Britain voted to leave the EU, as the chances of a slump in the property market were seen by some as having increased as a result of that outcome. I have no doubt that some companies in these sectors will be badly hit, especially those whose business is focussed around higher end properties in London, such as Foxtons, but for others I see the recent drops in share price as presenting a buying opportunity, especially when taking a longer term view.
Published 390 days ago
Oh dear, all those posh kids who were too thick to do anything else and ended up working at upmarket London Estate Agents Foxtons are going to get fired. It is almost P45 time for the young toffs as a dreadful profits warning is out today which, utterly unfairly, blames Brexit. Bloody Boris Johnson. He's not only screwed half the woman in London now he's fucked Foxton's too. The rotter.
Published 399 days ago
I start with a discussion on how the sad events in Yorkshire may sway the Brexit vote before turning to Gary Newman's nonsense earlier today about Brexit, house prices and Foxtons (FOXT). Then it is onto a detailed look at Strat Aero (AERO) and also Regent Pacific, the new owner of Plethora (PLE) and in both cases its red flags ahoy big time.
Published 399 days ago
I’ve been fairly bearish on property in general for the past year or so, and whilst I was possibly a little premature in covering a couple of the larger estate agents as shorts, they have ultimately fallen since then.
Published 828 days ago
Not hungover and after my first full night's sleep since Saturday I am back with my normal balanced and tolerant view of the AIM casino. Where do I start? Horse Hill, the POS ValiRx, Foxtons, Premaitha, Plethora, Telecom Plus (expect real fireworks on that one from Kevin Ashton on Saturday), Northern Petroleum and China Norfolk Jiasen.
Published 901 days ago
Current opinions on the direction of the UK property market over the coming year certainly wouldn’t send me rushing to invest in any estate agents. That is even more the case when you look at London, and especially high-end properties, and is why I currently see Foxtons Group (FOXT) as a sell and would expect the share price to drift during 2015.
Published 904 days ago
It seems that I disagree with Comrade Malcolm Stacey once again as I discuss whether a stock on a PE of 22 (Diageo or JD Wetherspoon) can be desribed as cheap. I then discuss what should be in a trading statement looking at Foxtons, Blur and Outsourcery - run by the ghastly Piers Linney - and what this says about shares in all three.
Published 932 days ago
As we head into 2015, infamous bear raider Evil Knievil and I had a brief chat this morning about his top shorting ideas for 2015.
Published 996 days ago
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details changes to net short positions in the last week (green if short reduced, red if increased)...
Published 999 days ago
Shares in Foxtons (FOXT) have been sliding for a while – the market anticipating that sooner or later London’s poshboy Estate Agent would serve up a profits warning. Last week it duly obliged but even at 158p post warning the shares remain a pretty safe short for Christmas.