Posts Tagged ‘purplebricks’
Interview with Purplebricks – Some Answers you want to know:
Is property selling nationally at a fast pace with Purplebricks or are there more so hot-spots that you are successfully breaking into? Firstly, Purplebricks isn’t an online estate agent – we are a full service estate agent and we’re successfully selling thousands of homes every month throughout the UK and have an excellent track record…
Read MoreA nice profit banked in 10 days
According to a Stock Exchange (RNS) announcement on the 25th July, Purplebricks Group plc the hybrid estate agent was notified that on 22 July 2016, Joby Russell, Chief Marketing Officer, who is considered to be a person discharging managerial responsibilities, sold 243,618 ordinary shares of 1 pence each at a price of 140.00 pence per…
Read MorePurplebricks group final results
Last Thursday 16th June Purplebricks Group released their final results for the 12 months ended 30 April 2016. Commenting on the results, Michael Bruce, Chief Executive, said: “In just our second full year of operation we are leading change in an industry that has long been stagnant and is only now waking up to the…
Read MorePurplebricks Group share price pulls back.
The share price of Purplebricks Group PLC finished the day yesterday at 120p, that is almost a drop of around 25% since Jeffries put out a broker rating on it just one week ago. The research report issued by Jefferies International on the 31st May rated Purplebricks as ‘Underperform’ by analysts at the brokerage, they…
Read MorePurpleBricks announces trading update
Purplebricks Group plc, the leading hybrid estate agency providing a new way to sell, buy or let property, today announces a trading update for the year ended 30 April 2016 ahead of reporting its final results on 16 June 2016. Trading throughout the second half of the year has continued the strong growth experienced in…
Read MoreIs PurpleBricks valued too high?
PurpleBricks a new generation “online estate Agent” made headlines in December last year when they started trading on the London AIM (Alternative Investment Market) at a market capitalisation of £240.3 million. The share price as of today puts a value on the company of around £400million, to put that into perspective Foxtons have a market…
Read MorePurpleBricks shareprice doubles in under 2 months.
Since the latter part of January this year we have seen the shareprice of PurpleBricks double from the low of 70p, this now values the company at around 330m pounds as of last friday, thats not bad for a company still in its infancy with massive advertising costs, is the market however about to embrace…
Read MorePurplebricks in the headlines.
The share price of Purplebricks increased yesterday on the back of the announcement of their interim results and also being named in Bloomberg’s inaugural Business Innovator’s List. Michael Bruce, CEO and Founder of Purplebricks, commented: “We are delighted to have been recognised by Bloomberg as an Innovator in the real estate industry. “Our compelling proposition…
Read MorePurplebricks Group announces interim results.
Purplebricks announces its Interim results for the six months ended 31 October 2015. Commenting on the results, Michael Bruce, Chief Executive, said: “We have made great progress across the business in the last six months, culminating in our listing on the AIM market in December. The money raised will be used to deepen our national…
Read MorePurplebricks first day of dealing.
The first day of dealings yesterday of Purplebricks the first online estate agency to float on the junior AIM market proved somewhat disappointing. The flotation price was at £1, the end of day price was 93p, a disappointing 7% drop on the day. Major shareholders include top fund manager Neil Woodford, Paul Pindar, former chief…
Read MorePurplebricks launches on the Stock Market today.
Purplebricks Group PLC announced today the commencement of dealings in its Ordinary Shares on the Alternative Investment Market (AIM), Purplebricks aims to change the whole experience of selling, buying and letting residential property, by providing a transparent and superior customer service at a fraction of the cost of a traditional estate agent. The placing price…
Read MorePurplebricks.com to float on stockmarket.
In a news item late yesterday Sky News announced that it has learnt that Purplebricks, the online estate agent has informed shareholders in recent days that it wants to float on the stock market as soon as the first week of December. Backed by the City’s leading fund manager Neil Woodford, this would give the…
Read MoreOnline only… Can they be called ‘Estate Agents’?
Managing a few Estate Agency groups I get to see a lot of debates and opinions shared on varied industry topics. One of the popular discussions is to whether or not online estate agents, a growing popularity currently, should be classified as actual ‘Estate Agents’. As per usual, I will have no real opinion on…
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