How the once mighty HAS fallen: Foxtons share price drops to all-time low of just 62p

first_imgHome » News » Agencies & People » How the once mighty HAS fallen: Foxtons share price drops to all-time low of just 62p previous nextAgencies & PeopleHow the once mighty HAS fallen: Foxtons share price drops to all-time low of just 62pFollowing recent gloomy trading updates the company’s stock price has been dropping since April, falling by 4% yesterday to a five-year low.Nigel Lewis12th June 201802,351 Views The share price of Foxtons, once lauded as the fastest-growing and most successful estate agency in the UK, yesterday sunk to an all-time low of 62p, only 3p shy of the sector’s lowest-value stock, Hunters.Foxtons’ shares have been haemorrhaging value since early April this year following a series of unremittingly gloomy trading updates that have revealed dramatic year-on-year plummets in profits and turnover.Its most recent update last month revealed that market conditions in the capital remained “very challenging”. Group revenues for the first three months of 2018 were £24.5 million, down from £28.7 million during the same period the year before.All parts of its business including sales, lettings and mortgage lending saw dropping revenues.This has led to many City investors ditching the company’s shares, which peaked in March 2014 at £3.89 when the company held an unassailable and increasingly dominant position in what was then a booming London market.foxtons share priceIts current share price represents an 86% reduction from this peak following yesterday’s 4% drop in its share price.It’s been a bad few weeks for the company. Last month a national newspaper ran an unflattering story about a landlord’s experience with two nightmare tenants that Foxtons had sourced and referenced.And two weeks ago London Mayor Sadiq Khan included Foxtons on his online ‘name and shame list’ of unscrupulous agents over a 2017 fine of £35,000 won by trading standards officers at the London Borough of Tower Hamlets. It appealed the fine last week and lost.But the continuing slump in Foxtons’ share price is not unexpected. Following its 17th May update, analyst Credit Suisse set its share price target at 56p.Mayor of London Sadiq Khan foxtons share price June 12, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

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Two years for unremorseful duo

first_imgA man who attacked an Oxford student was jailed for two years after being convicted of assault and attempted robbery at Oxford Crown Court last Friday.Jacob Chambers, along with 18-year-old friend Aaron Williams, approached the American undergraduate in Pembroke Street at 9:20pm on 12 July and asked him for a cigarette. When he refused, the student was pushed into a nearby doorway and searched.  On finding nothing, Chambers punched him in the face.Chambers, who is from Cowley, was sentenced to two years in prison for the assault and with a string of other offences, including two attempted robberies and intimidating a witness. Aaron Williams, from Preachers Lane, was given a twelve month supervision order and will do 50 hours unpaid work for attempted robbery. Both men were 18 at the time of the offence.PC Alex Gill of the Oxford Robbery Team said, “Both these men have been causing trouble in Oxford for a while and we are glad to see them getting a sentence that we hope will make them think twice about the impact their crimes have on their victims.”The judge justified the sentence on the grounds of emotional distress caused to Chambers and Williams’ victims, and their lack of remorse for their crimes. Chambers is reported to have grinned at friends present in court, one of whom was removed from the proceedings for laughing when Chambers was asked to imagine how he would have felt had someone done the same thing to him. Although neither man is thought to have been armed at the time, the judge emphasised that Chambers was aware that the people he was with during the attempted burglaries were carrying knives. Louise Randall, OUSU Vice-President for Welfare, said, “We really encourage students not to take risks with their personal safety when out and about at night. There are actually more attacks on men in the city than women, so this really isn’t just a women’s issue. We recommend that students don’t walk alone late at night, and that where possible they use well lit routes. Attack alarms are a valuable deterrent, and are available for £1.60 from OUSU or your college welfare officer. Make use of the great services such as the Safety Bus and the Walk Safe scheme to make sure that you get home safely.”last_img read more

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Williams upgrades Doughmaster controls

first_imgWilliams Refrigeration has launched an upgrade to its Doughmaster controller, which will be fitted to its Modular Dough Retarder Prover range.The new controller introduces touchscreen technology for the baker, in place of its existing push button controls, as well as an energy saving Economy Mode.The new touchscreen features PC quality graphics, and aims to be more user-friendly.”Most regular bakery controllers will flood the chamber with forced steam, much of which is wasted energy. Williams’ new DoughMaster controller regulates steam generation and calculates the exact inlet required, only supplying this precise amount, thereby dramatically reducing lost energy,” explained the firm.The controller has also been designed to accurately read the chamber’s temperature, regulating the fans accordingly.last_img read more

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News story: Smart tracking of waste across the UK: apply for funding

first_imgFind out more about SBRI and how it works. Solutions should track movements of wasteProjects should develop ideas for tracking individual movements of waste through the economy including: The Department for Environment, Food and Rural Affairs (Defra) is to invest up to £400,000 in projects that use digital technology to record and track the movement of waste through the economy.The investment is part of the government’s GovTech Catalyst, which aims to encourage businesses to come up with smart solutions to public sector challenges.Better management of data and processesIn the last report on total waste generation, the UK was estimated to have generated more than 200 million tonnes in a year.Processes for disposing of this waste are sometimes fragmented and often duplicated. Defra wants to know more about the waste being generated, how it is handled and disposed. This will maximise value from resources, improve UK productivity and minimise damage to the environment.Funding for the competition is under SBRI (the Small Business Research Initiative), which aims to bring together government and businesses to find innovative solutions to public sector challenges. the point of generation or collection who is handling the waste how and where it is treated the outputs from these processes and where these end up the competition opens on 11 June 2018, and the deadline for registration is at midday on 18 July 2018 it is open to any organisation that can demonstrate a route to market for its idea we expect phase 1 contracts to be worth up to £80,000 and to last up to 3 months successful projects will attract 100% funded development contracts a briefing event will be held on 29 June 2018 Applications should be able to deal with the challenge of an estimated 23 million waste transactions across more than 100,000 regulated sites and 100,000 waste carriers.This competition is in 2 phases. Phase 1 is for contracts of up to £80,000 to examine the feasibility of ideas. The best ideas could win a share of up to £1 million to develop and field test a prototype in a second phase.Competition information Find out more about this competition and apply.last_img read more

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Dave Matthews To Perform At Bernie Sanders Voter Rally Concert

first_imgWith the primary in California coming up shortly, presidential hopeful Bernie Sanders is doing his part to raise youth awareness before the big vote. Sanders has announced a “Get Out The Vote” concert in San Francisco, coming up next Monday, June 6th, and the show has a fun lineup with a number of great groups.Headlining the event will be Dave Matthews, who will head to the West Coast event for a brief getaway from the Dave Matthews Band summer tour. The group is scheduled to perform in Holmdel, NJ on June 7th.Dave Matthews has been a spoken supporter of Sanders in the past, saying: I can stand up and say, “If I was President, I would make everybody’s boobs bigger, and I would make men stronger, and everybody would be happy, and everybody would be fed, and the oceans would be clean, and everyone would have jobs. And that’s what I’ll do if I’m President.” Wait, do you shit money? What are you fucking talking about? There’s no way you can do anything but damage our children’s future by claiming you can spend more money to make us stronger, make us better, make us happier, make the whole world a better, more peaceful place, and cut taxes and have less government. ‘Cause you’re just talking about something that’s fucking impossible.Also performing at the voter rally is Fishbone, Fantastic Negrito, and John Dexter Stewart, with special guest talks from Dr. Cornel West, Shailene Woodley and Danny Glover. The event is free to the public and you can RSVP here.last_img read more

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Watch Exclusive Videos Of The String Cheese Incident’s “Stringier Things” Performance

first_imgOne of the most fun parts of Suwannee Hulaween is the annual set of themed covers that The String Cheese Incident plays for the event. Last year’s Ghoul Train set has taken a well earned place in the annals of Cheese history, so this year’s 80’s themed set had a lot to live up to. With the immensely popular, Reagan-era based Stranger Things series on the top of Netflix queues, it was a no-brainer for Cheese to adopt it and perform a stellar set of tunes under the “Stringier Things” banner.Enlisting the horn section of the afrobeat world music band Antibalas as well as guest vocalists Rhonda Thomas and Tony White, The String Cheese Incident showed off the incredible versatility for which they are revered. Equally at home playing the driving punk of The Clash as they were with the brassy flourishes of The Eurythmics classic “Would I Lie To You”, the band put on a delightful set that everyone enjoyed.Our own Rex Thomson braved confetti canons, pillars of fire, giant Rubik’s Cubes and yes…the Stay Puft Marshmallow Man to capture the first three songs of the amazing set for us all to enjoy!  Check out the incredible fun below!“Would I Lie To You”“Should I Stay Or Should I Go?”“Upside Down”last_img read more

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Meckling dies after fall from JACC

first_imgBilly Meckling, a 21-year-old male senior set to graduate this weekend, died in the early morning hours Saturday after falling from the roof of the Joyce Athletic and Convocation Center (JACC), the University announced.“Our thoughts and prayers are with his family and friends after this terrible tragedy,” University President Fr. John Jenkins said in a press release. “It is a profound sadness for all of us, on this graduation weekend, to lose someone so young and brimming with promise.”Meckling will be remembered at Saturday’s Baccalaureate mass, Jenkins said in an email sent to the student body.At 3:45 a.m., two students requesting assistance approached a Notre Dame Security Police (NDSP) officer. On the east side of the JACC, the officer found Meckling unresponsive. Despite attempts at CPR and emergency medical care, he never regained consciousness, the press release stated.According to initial investigations, the senior was part of a group of students of who gained access to the roof of the JACC, which was wet after several days of rain in the past week, the press release said.Meckling was a four-year member and two-time monogram winner for the Irish varsity fencing team.“When one thinks of the success of Notre Dame fencing, names like Gerek Meinhardt and Lee Kiefer come to mind,” head fencing coach Gia Kyaratskhelia said in a press release. “Yet equally integral to our team success are the unsung names, the walk-ons that bring the positive spirit, energy and camaraderie to our practices and competitions to push their teammates and themselves to greater heights. Billy Meckling was one of those teammates – an invaluable member of our sabre squad who left such a massive impact on all of us as a fencer and a human being.“On the strip, Billy was a talented fencer and a determined worker on a very competitive sabre squad – evidenced by his earned monograms during the 2012 and 2014 seasons. More importantly, he was a great friend to all members of our program. A true Notre Dame man, his kindness and warmth impacted each and every one of us – and make his loss all the more difficult.”last_img read more

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Central Islip Home Invasion Suspects Charged

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Two men were arrested for pistol-whipping a Central Islip home invasion victim this week, Suffolk County police said.Carlos Morales, 26, and 24-year-old Dawon Brown, both of Jamaica, were charged burglary, robbery, criminal use of a firearm and criminal possession of a weapon.Third Squad detectives alleged the duo kicked in the rear door of house on East Walnut Street and demanded money from the victim shortly after 8 a.m. Tuesday.Police said the duo jumped out of windows on the second floor in an attempt to flee when they realized officers had the house surrounded before they were taken into custody.Bail for Morales and Brown was set at $150,000 bond or $100,000 cash. They are due back in court Friday.last_img read more

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What credit unions can learn from top YouTubers

first_imgYouTube has been around for over a decade now and in that time has become the second most popular search engine, adding over 300 hours of content every minute while achieving over a billion monthly users. Some of the biggest content creators have become top stars in all of entertainment, not just within the online space. They’ve been able to grow their brand from nothing to full fledge news organizations, production companies, and television shows with some earning over 7 million dollars a year. Let’s take a look at how they are able to achieve and maintain this impressive success.They use analytics to understand their audienceImagine a world where people you don’t know are able to publicly judge you in front of other people on a daily basis. That world has existed since the creation of the internet, and one of the easiest places to do this is YouTube. Users are able to like and dislike all content and comments, and those are not the only analytics that are available to content creators. On the back end they are able to see the likes and dislikes as well as the amount of shares to each network, average view duration, watch time reports, audience retention, demographics, traffic sources, engagement reports, realtime tracking as well as device and playback location reports. By paying attention to these metrics, they are able to identify content that performs well, observe areas that may need improvement, and identify trends. This type of data reporting exists in every industry and those that are able to understand it can use it to help them outperform those who don’t.Always staying relevantWhether they can see it within their own analytics or they identify trends happening within the space, top creators are quick to jump on the hype train. Channels devoted to movie reviews are always going to review the most current movies, gaming channels will be playing the hottest new releases, and beauty tip networks will be highlighting this season’s fashion, etc. Many abstain from trends to try to stay unique, but those people usually fall behind. By putting your own unique spin on a trend you are able to take advantage of high traffic the ability to make yourself stand out.Engage their audience on a daily basisThey may be on YouTube every day, posting and commenting on all of their videos, but that isn’t the only way they are talking to their viewers. The biggest YouTubers are also some of the biggest names on Twitter, Facebook, Tumblr, Snapchat, and more. They know that they can interact more effectively and on multiple platforms, to keep fans engaged. Some host fan meet ups, and nearly all of them go to the hundreds of conventions around the world. They take part in these activities not only to engage and humanize their brand outside of the digital realm, but to hear what fans have to say in a non-native setting.They don’t sit around and wait for regulationRecently YouTube has implemented changes that have not been received well by the majority of content creators. Google determines how much to pay content creators through a service called AdSense which places ads on their content and measures its performance. In the past you were able to monetize any video so long as you owned all the content in the video, however the newest changes bring with it new guidelines on the type of content can have ads on it, by imposing a new definition for what qualifies as ad-friendly content. Some YouTubers are up in arms over the changes, (as it could significantly cut their profits) while the most successful creators have already built their brand out in such a way that the revenue from AdSense is no longer required to sustain their businesses. Many have sponsors who pay top dollar to get shout outs during the video, or have extensive retail options viewers can buy. The key is to have a plan in place before a governing body makes it impossible to continue business as usual.Masters of building relationshipsOne of the most difficult things YouTubers deal with is being typecast for their content. Much like actors, if they grow their fan base by making one type of content or doing one role, they will get backlash from fans anytime they step out and do something different. Successful YouTubers have mastered being able to make themselves appeal to their audience, and not just the content they make. By building a rapport over time, they develop a loyal audience that appreciates anything they do. By selling themselves and not their product, they are able to achieve a much faster adoption rate of the new things they create. 21SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Tyler Atwell Web: www.cuinsight.com Detailslast_img read more

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Backbone One iPhone controller turns your phone into a portable gaming device » Gadget Flow

first_imgIf you’ve ever wished you could get more out of the games you play on your iPhone, check out the Backbone One iPhone controller. This gaming device has a companion app that turns your iPhone into a portable game console. It displays games neatly and shows all new titles available in the App Store. Backbone One works with any game that supports game controllers. So you can play Minecraft, Asphalt 9: Legends, and hundreds of other titles on Apple Arcade. You can also create parties and voice chat with friends in the app while you play. What’s more, you can access this feature even when you’re doing something else. Finally, this iPhone controller works with any iPhone running iOS 13 or later, starting with the iPhone 6S and going up to the iPhone 12 phones. Get ready for a whole new iPhone gaming experience. – Advertisement –last_img read more

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