• 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

Referral fee ban considered as part of house buying reform

The civil servant leading work to reform the house buying has revealed key areas of...

Continue reading
  • News

Online agents’ weak spots: they don’t appeal to high value sellers in key regions

The share of the market taken by online agencies in the final quarter of 2018 slipped from last...

Continue reading
  • News

More market woe: four regions now showing year-on-year price falls

Another housing market snapshot is showing a pessimistic start to 2019 as the property platform...

Continue reading