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Foxton's Share Price dropping rapidly
Comments
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Groceries aren't too badly overvalued either!0
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So what is going on with foxtons then? Bad management?
I don't know much about them but maybe nothing's going on and the original owners of the business simply managed to do a wonderful job of marketing their float.
The only reason Foxtons is being used by the crashaholics as a futures index for London property is because there isn't a share price history to backtest this supposed correlation - they hope there's a correlation - that's all.0 -
I don't know much about them but maybe nothing's going on and the original owners of the business simply managed to do a wonderful job of marketing their float.
The only reason Foxtons is being used by the crashaholics as a futures index for London property is because there isn't a share price history to backtest this supposed correlation - they hope there's a correlation - that's all.
If (that may prove be a very big 'if') the original share price wasn't too optimistic, then history may show that the current price is a reasonable buy. But I'm not going to get sucked into catching falling knives, I am too risk averse now to invest in single companies, and I acknowledge that I don't know enough to claim that the price is too cheap to ignore.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
chewmylegoff wrote: »Lower expectations in the market of the future profitability of Foxtons I expect. Tesco's share price isn't looking too healthy but that doesn't mean the price of groceries is about to halve.
yes it does
look at EU inflation
and UK inflation
and the price of commodities0 -
falling volumes
currently too many chefs stirring the HPI broth
they still have the lettings side to see them through0 -
Bubble_and_Squeak wrote: »falling volumes
currently too many chefs stirring the HPI broth
they still have the lettings side to see them through
and the minis to flog if it gets really tight :rotfl: :T0 -
Jimmy choo!0
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Such a sad day for Fudgetons:
http://www.estateagenttoday.co.uk/1712-foxtons-falls-out-of-ftse-250-as-london-market-wobbles0 -
Such a sad day for Fudgetons:
http://www.estateagenttoday.co.uk/1712-foxtons-falls-out-of-ftse-250-as-london-market-wobbles
it does look like we've seen the bottom now
slow down priced in
shame
it was fun while it lasted0 -
a blinding return to form today!0
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