Purplebricks (#PURP) – trading “very encouraging… UK to be profitable this year”
- 2016-09-14 23:45:00
UK 10:56 Sunday, 4 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
We spotted that that the Chief Marketing Officer of AIM-listed Purplebricks (PURP) had been beating a hasty retreat the other day, selling £341,000 worth of shares acquired from the exercise of options almost as soon as the certificate arrived. But it seems that Old Mutual had a similar idea.
AIM-listed Purplebricks (PURP) only joined the Casino in December and today it was announced that its Chief Marketing Officer dumped 243,618 shares at a price of 140p – worth a shade over £341,000 – last Friday.
Purplebricks (PURP), the hybrid online and 'local property expert'-based estate agent, has announced results for its year ended 30th April 2016, noting that “we continue to scale and anticipate that the UK business will move into profit in the current financial year” and that it is to launch in Australia. With the shares currently slightly lower, at 130p, in response, the following reviews…
December-listed on AIM ‘hybrid’ estate agency combining online with local property experts, Purplebricks Group (PURP) has announced a trading update headlined “Strong trading through H2”. The shares are though currently approaching 6% lower, at 164.75p, in response. Hmmm…
December addition to AIM, estate agent combining online with local property experts, Purplebricks Group (PURP) has announced results for the six months ended 31st October 2015…
Purplebricks (PURP) floated on AIM during the middle of last month, but its valuation looks on the high side to me.
