Boring Bernie
25 Jun 2015
Re: RightMove The sp has been climbing the proverbial "wall of worry" for a long time now. I'm well overweight in Rightmove these days which might come back to bite me one day, but I'll deal with that if it happens
forddrive
25 Jun 2015
RightMove This share has to be one of the seven wonders of the world. Only a few year back investors were wondering whether to short it at around £5!!
forddrive
13 May 2015
Rightmove Noone ever seems to make money betting against this share. Remarkable.
albent
05 Apr 2015
Established income payer with quality financial health and growth potential. Some futher details on Rightmove [link]
Boring Bernie
27 Feb 2015
Re: reminds me of ASOS at its highest Go back a few pages on here and you'll see all sorts of people have said we're overvalued over the last five years or so and recommended shorting Rightmove.So far, bar a few minor setbacks, the shorters have been spectactularly wrong.There will come a time when the housing market will turn and Rightmove will suffer, but even when the housing market has been in the doldrums, we've still managed to grow..I agree it can't last for ever, but, while it does, I'm not knocking it
Omaha man
27 Feb 2015
Re: reminds me of ASOS at its highest This will be an amazing short ahead of the next housing downturn. The PE contraction alone should halve the share price and if earnings drop significantly, which you would expect, then the fall will be spectacular. The only really big question is when? With real earnings just beginning to rise I don't think it's going to be in the next couple of years unless interest rates are forced up; but then inflation at these levels would also suggest that is unlikely. So holders may yet enjoy more good times - just don't forget to run for the door at some stage.
Boring Bernie
27 Feb 2015
Re: reminds me of ASOS at its highest A drop to £15 ?Hmmm, all things are possible. We were pretty close to £20 only a few months ago and, barring a major change brought about by onthemarket, I'd say that's the rock bottom floor, with £22 being a more realistic floorYou'd have to have balls of steel to hold a short down to £15. GLG and Greenlight have had a go at shorting us recently, and might have made a few quid, but people have been writing off Rightmove ( pun intended ) for years.Sooner or later, growth will slow down and the sp will react accordingly, but Rightmove's a household name and will be hard to shift out of top spot.
IAmShareCrazy
27 Feb 2015
Re: reminds me of ASOS at its highest I have tried shorting this and got it wrong. It might be still overpriced but there bottom line is improving and onthemarket doesn't seem yet to be having an impact.
one4all
27 Feb 2015
reminds me of ASOS at its highest ready for a drop to £15
city watcher
27 Feb 2015
Pleasing Results 27/02/2015 - 11:52Latest Price ChartFTSE indices were mixed in early deals as a string of big-ticket companies issued results. Mining and utility stocks dominated the fallers' ladder. Oil stocks generally enjoyed gains behind crude's rise, but were overall well off the pace.Shortly after the open, FTSE 100 was down 1.53 points, or 0.02%, to 6948.2, just below record highs achieved yesterday. FTSE 250 tiptoed up 13.42 points, or 0.08%, to 17,263.2. At 8.45am, WTI crude was up 2.45% to $49.35/bbl, with Brent up 2.11% to $61.32/bbl.Miners fell behind Lonmin (LMI), off 1.16% to 157.75p. Rio Tinto (RIO) lost 0.88% to 3164p on detail an organisational streamlining to cut costs and hike efficiency. Utility stocks tapered behind United Utilities (UU.), off 0.64% to 938.5p. Several banks lost ground, but Lloyds (LLOY) gained 0.92% to 79.22p on improving its FY profit and recommending a 0.75p dividend.In the news, Pearson (PSON) rose 1.11% to 1411.5p despite its FY pretax profit falling 20% to £305m. International Consolidated Airlines Group (IAG) rose 5.27% to 589p as its FY after-tax profits spiked to 1.0bn euros, from 151m euros. Old Mutual (OML) was up 1.39% to 226.3p after its FY operating profit rose 16% to £1.6bn.Oil stocks on the up included Wood Group (WG.) with a rise of 1.37% to 666.5p, with Cairn Energy (CNE) and Shell (RDSA) behind. Back to the downside, fallers included supermarkets behind Morrisons (MRW), down 0.41% to 195.5p, and commercial property outfits behind British Land (BLND), off 0.24% to 823.5p.BIGGER MOVERSOptos (OPTS) and Nikon Corp have agreed a recommended cash offer of 340p a share cash for the former company. The deal values Optos at about £259.3m, and was at a premium of 30.5% to Thursday's closing price. Optos' shares rose 29.37% to 337p.ECR Minerals (ECR) rose 13.33% to 0.17p after sampling at Maestro Aguero proved the presence of moderate- to high-gold grades in narrow mesothermal quartz veins over a strike length of up to about 300m. Gold grades changed abruptly along strike, indicative of a nugget gold effect.Petropavlovsk (POG) said, pursuant to its Feb. 2 rights issue, 3.1bn new ordinary shares of 1p each would be admitted. Shares in the company were down 61.52% to 6.06p. In other news, Management Resource Solutions (MRS) rose 20% to 18p on hiking its H1 pretax profit to A$0.5m, from A$0.2m. Revenue more than doubled to A$11.4m. Its interim dividend was 0.35p a share.Aeorema Communications (AEO), down 13.75% to 29p, said CEO Steve Garvey has resigned. It anticipated FY revenue to be about £4.2m, with pretax profits of roughly £0.25m. The company continued to look to strengthen its sales pipeline.LONDON HIGHLIGHTSRightmove (RMV), up 6.66% to 2850p, has improved its FY pretax profit to £122.04m, from £97.02m. Revenue rose £167.01m, from £139.94m. Its final dividend was 22p a share, from 17p, taking the total to 35p, from 28p.The Restaurant Group's (RTN) FY pretax profit rose 7.4% to £78.1m, from £72.7m a year earlier. Revenue rose to £635.23m, from £579.59m. It proposed a FY dividend increase of 10% to 15.4p. Its shares rose 0.69% to 734p.William Hill (WMH), down 0.64% to 388p, has booked a FY pretax profit of £233.9m, down 9% from £257.0m. Net revenue rose 8% to £1.61bn, from £1.49bn. Its dividend per share was 12.2p, form 11.6p.Harvey Nash's (HVN) FY adjusted pretax profit is expected to be in line with management's revised forecasts, despite further adverse currency movements since the trading statement issued on 25 November. Cash flow beat expectations. Its shares rose 0.73% to 86.5p.Other stocks on the move after news included Spectris (SXS), Intu Properties (INTU), Wolf Minerals (WLFE), Berendsen (BRSN) and Waterman Group (WTM).
ardepy
27 Feb 2015
Re: Results Quite right! One of my best and favourite investments too. I wish they'd pay more back through dividends and less through buy backs but that's just a minor quibble.
Boring Bernie
27 Feb 2015
Results Pretty amazing how we can keep on growing here.Take your pick on which metric you use ( revenue, profit / eps basic or adjusted ) but you're talking about growth of ~20 to 30%.If it isn't the best, this must be up there with my best investments.
IAmShareCrazy
30 Jan 2015
Archant The biggest regional publisher of newspapers supports on themarket.com
