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TONI ANTONIOU
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External Buyers will return " after the " Brexit " in fighting is over " with real prices down 7% in bubble areas with the fall in sterling 23% a natural 30% discount will prevail rate rises are a mistake and are just being used as a political tool in case of a no deal scenario Damages in bringing the real economy to an ill timed stand still "a mistake" if you are loosing 15m a years from your sales driven housing related purchases 15m must be removed from your cost base which in the end is more robust less staff and staying in Business to be in better financial shape moving forward "with no help from the Government expected"
From:
TONI ANTONIOU
05 November 2018 16:02 PM
Everyone needs to adjust their cost base to the new market Purple Bricks will be blood red into continued losses leading the sector down real sales volume has all but collapsed and we are in a new low with a long period walking and trying to survive the bottom
From:
TONI ANTONIOU
05 November 2018 14:41 PM
Foxtons needs to cut 420 staff at a cost of 8m/12m to protect the bottom line I do not expect them to roll back into a small profit and then be in a position to build on this for 2 years its simply a case of showing the stock exchange a more robust position as they actively pace the bottom of the market "hence they been slow to act " the market will continue to feel this in the real economy 67 branches and the head office costs should be 750 staff not 1170 in year 3
From:
TONI ANTONIOU
05 November 2018 14:19 PM
Foxtons needs to cut 420 staff at a cost of 8m to protect the bottom line I do not expect them to roll back into a small profit and then be in a position to build on this for 2 years its simply a case of showing the stock exchange a more robust position as they actively pace the bottom of the market "hence they been slow to act " the market will continue to feel this in the real economy 67 branches and the head office costs should be 750 staff not 1170 in year 3
From:
TONI ANTONIOU
05 November 2018 14:14 PM
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TONI's Recent Activity
From: TONI ANTONIOU
05 November 2018 16:02 PM
From: TONI ANTONIOU
05 November 2018 14:41 PM
From: TONI ANTONIOU
05 November 2018 14:19 PM
From: TONI ANTONIOU
05 November 2018 14:14 PM