• Cedar House, Caen St, Braunton EX33 1AH

Compare Listings

"Cash burn" could be worry for Purplebricks, claims investment website

  • 11th January 2018
  • News
  • 0

The Motley Fool, the financial services company that provides investor advice, has published an article raising doubts about Purplebricks’ long-term profitability.

Investment writer Ian Pierce says in the latest article the he like Purplebricks’ business model, but is “less sure” about the company itself. 

“My reticence is mainly drawn from the company’s valuation…
Source: Estate Agent News

Related posts

  • News

Online agency smashes crowdfund target – with two weeks to go

Doorsteps, the online agency founded by a teenager, has raised over £700,000 -...

Continue reading
  • News

Whatever happened to the autumn price bounce? asks Rightmove

We’re sorry to be starting the week with more evidence of the housing market in the...

Continue reading
  • News

Property Jobs Today – all the industry's key moves in recent days

Hello and welcome to PJT, our weekly round up of key moves within the industry. Let us know...

Continue reading