The latest trading update from hybrid online estate agency, Purplebricks (PURP), which brought news of struggles in the United States and the departure of senior management, has seen its share price take a dramatic hit, falling back to near its IPO price. Could current levels offer a buying opportunity?
Purplebricks (AIM:PURP) describes itself as a “hybrid online estate agent”, it has certainly been splitting opinion over the past few weeks with some mixed press to go with the…
The recent equity raise from Purplebricks (AIM:PURP) highlighted the inflated nature of some parts of the equity market, where momentum has been a key driver. It therefore comes as…
The online estate agency with the wacky valuation has announced plans to expand in the US. While the valuation looks totally bonkers to us, we commend the Group’s ambition and…
The so called ‘hybrid’ estate agent providing a new way to buy, sell or let property, delivered fabulous top line growth for the six months ended 31 October 2016, boosting…
The final month of 2015 saw an increased level of new issuance activity on AIM with 5 genuine new arrivals and 2 re-admissions. Our updated AIMsearch search tool offers…
The highly rated online estate agency Purplebricks Group, has arrived on AIM at an eye watering market capitalisation of £240m. We commented back in November how the suggested valuation…
The proposed IPO of online estate agency Purplebricks Group looks set to test the valuation sanity of investors with a suggested pre new money valuation of up to £250m. This…
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