1.200dma 2. 50dma 3. 200dma

over 540p

Director Deals - Rightmove Plc (RMV)
BFN
Scott Forbes, Chairman sold post-exercise 600,000 shares in the company on the 1st December 2009 at a price of 541.32p. The Director now holds 619,000 shares.

Rightmove tumbles on talk of Google entering UK property market


The mighty Google strikes again. A report that the company is planning to move into the UK property market has sent shares in Rightmove tumbling by more than 10%.

Google is said to be talking to UK estate agents about launching a property portal, which of course would cut across Rightmove's business. Hence a 70.5p decline in the latter's share price to 488p.

But Lorna Tilbian at the company's broker has issued a note playing down the threat from Google. She said:

Google has launched a property site in Australia, and could extend this to the UK in 2010. We believe that such a move would be an attempt to drive traffic through its site, but do not believe that it poses a material threat to Rightmove.

In our view, Rightmove has a firmly established position as one of the UK's leading websites and has a commanding share of more than 80% of the four leading property portals. The value added by Rightmove in generating leads is clearly proven, and the cost of the product is a small component of an estate agent's cost base and remains modest in comparison with newspaper advertising.

Over 1100p soon I hope.

Rightmove are tipped in Shares magazine today Shares magazine share tips.

They've had a good run of late, well out-performing FTSE All Share Media.

But the housing market must be a concern for them?

Any thoughts?

House prices are stabilising, says Nationwide

SOLD TODAY

NOW OVER 1400p

A rather impressive chart, do they do a divi?

stan , impressive ?

Yes Fred very impressive

Final Divi 11p payed 8th May by the looks of things.

OVER 1600p

Rightmove is the market-leading home-search website. The company has flourished by providing a range of online services to estate agents across the UK.Between 2006 and 2011, Rightmove increased net profits tenfold. In that time, Rightmove's dividend has increased from 4.5p per share to 18p.Rightmove is not just a historic growth story. Analyst consensus is for another 33.7% increase in eps for 2012, followed by a 15.1% increase in 2013. The dividend is forecast to continue rising on a similar trajectory.Rightmove is great example of the internet disrupting an industry. Prior to Rightmove's rise, the most important advertising media for estate agents was local newspapers. Now, housebuyers look on the internet to find a new property.More growth has come from the premium services Rightmove offers agents that wish to promote their properties with maximum impact. The company's mobile apps have further revolutionised home search. The demand for these new initiatives will be integral to Rightmove cementing its dominant position

What a success story these have been, up over 3% on this update so far. http://www.moneyam.com/action/news/showArticle?id=4419201

Another one on the rise over the last month.

Final Results

Highlights:
· Revenue increased by 23% to £119.4m (2011: £97.0m)

· Underlying operating profit(1) increased by 26% to £87.5m (2011: £69.4m)

· Underlying operating margin(1) up to 73.3% (2011: 71.5%)

· Underlying basic earnings per share(1) up 31% to 65.7p (2011: 50.3p)

· Diluted earnings per share(2)up 40% to 59.2p (2011: 42.3p)

· 4.5m shares bought back during 2012 (2011: 4.4m) at an average price of £14.70 (2011: £11.10)

· Final dividend of 14.0p (2011: 11.0p) making a total dividend of 23.0p for the year (2011: 18.0p), up 28%

· Average revenue per advertiser (ARPA) up 19% to £529 per month (2011: £443 per month)

· Site traffic up 18% to 11.0bn pages (2011: 9.3bn pages)

Half Year results out http://www.moneyam.com/action/news/showArticle?id=4641649

foxt red cwd green

Half Year Report http://www.moneyam.com/action/news/showArticle?id=4858349

Sept 24:
Eye catching downgrade from Citigroup: Sell - TP down from 3650p to 2175p

Previous downgrade accurate, but SP. now maybe on it's way back http://www.moneyam.com/action/news/showArticle?id=4918282

StockMarketWire.com
Investec cuts Rightmove to sell from hold, target cut from 2612p to 2000p.

Nov 26:

And Goldman Sachs raises its TP:
Goldman Sachs : Strong Buy - TP up from 3327p to 3616p.

Jan 9: Jefferies butchers TP: 1620p and Underperform rating.

Jan 13:
Investec: Sell - TP: 2000p
Credit Suisse: Outperform - TP: 2655p

Rightmove plc, the UK's no. 1 property website, will be announcing its full year results for the twelve months ended 31 December 2014, at 7am on Friday 27 February 2015.

Flying after results

Feb 27:

Canaccord: Buy - TP: 3034p
Westhouse: Add
Liberum Capital: Buy - TP: 2940p
Numis: Buy - TP: 3445p

Feb 27: Investec: Sell - TP N/A

Amazing chart.

I wonder if OTM will affect these and Zoopla, no sign yet according to RMV's SP.

Mar 10: Goldman Sachs: Neutral - TP:3157p

Mar 12: Westhouse: Neutral - TP: 2848p

Mar 16: Liberum Capital: Buy - TP: 2940p

Mar 20: Morgan Stanley reiterates: Overweight - TP up frpm 2800p to 3200p

9 things you didn't know about Rightmove

I didn't know it was originally meant to be called Doorknob!

Apr 10: Jefferies: Underperform - TP: 2131p

Apr 16; Berenberg; Hold - TP: 3200p

Apr 17: Berenberg: Hold - TP: 3200p

Apr 27: Barclays: Overweight - TP: 3350p

June 24: Barclays: Overweight - TP up sharply from 3350p to 3750p

StockMarketWire.com
Rightmove has posted an H1 pretax profit of £66.6m, from £58.8m. Revenue was £93.1m, from £80.4m. Interim dividend was 16p, from 13p.

CEO Nick McKittrick said:
"Rightmove is becoming even more popular with the British home moving public. Our share of traffic amongst the top four property websites has increased significantly as more people search and research the only place with over one million properties for sale and to rent in the UK.

"We continue to innovate and invest to make Rightmove even more compelling to home movers and advertisers with tools such as our Valuation range app and recently launched School Checker.

"Our aim has always been to help our agents and developers succeed by delivering great value marketing and building strong relationships to support their ambitions.

"This approach continues to serve us well as we have grown our customer base to an all-time high showing that Rightmove is the overwhelming site of choice, not only for Britain's home movers, but also its property professionals."

Operational Highlights
· Agency and New Homes customers up 286 (+1%) since the start of the year to an all-time record 19,590 (31 December 2014: 19,304)

· 10% increase in UK residential property listings on Rightmove since the start of the year to 1.1m (31 December 2014: 1m), which is 50%(3) more than any other portal

· Strong audience growth: Rightmove's share of traffic to the top four UK property websites increased to 82%(4) (June 2014: 77%); Visits up 17% year on year to a record 110m per month (H1 2014: 94m); Pages up 13% year on year to a record 1.52bn per month (H1 2014: 1.35bn)

· 14% increase in the number of leads generated for our customers, to an average of 4.2m per month (H1 2014: 3.7m)

· Average revenue per advertiser (ARPA)(5) up 10% to £740 per month on the same period a year ago (H1 2014: £671)

Liberum Capital: Buy - TP held at 2940p

July 30:

Exane BNP Paribas: Outperform: TP: 4050p
Numis: Buy - TP: 4070p
Barclays: Overweight - TP: 3900p
Deutsche Bank: Hold - TP: 2950p

Liberum Capital reiterates buy on Rightmove, target raised from 2940p to 4295p.

why on earth have we left this one off the radar?
the chart at the top is self-explanatory

Isn't hindsight a great thing?!!!!!!! :o)

it's been on my own watchlist for ages - i'm just thick and dozy!

odd that RMV has dived in the last couple of sessions .... no obvious reason that I can see

below is why this is such a crcking company and share, even if i was ridiculously late to act rather than watch .....

Final dividend 27 pence per share
Fy underlying operating profit rose 16 percent to 144.3 million stg
Total dividend 43 penceper share
Fy revenue up 15 to £192.1m (2014: £167.0m)

==============

some quite hefty profit-taking on the news, so am tempted to top up

so i did after a bit of dithering ..... had to pay a bit more than i had hoped (3733) but that is now looking cheap :-)

this one just continues to rock n roll
i hold enough in my trading a/c, but had i been alert this morning, would have jumped in for sipp when there was an early morning dive

The competition watchdog has warned estate agents that they risk breaking the law by colluding over decisions to list on the property portal OnTheMarket and remove their business from the market leaders Rightmove and Zoopla. The Competition and Markets Authority (CMA), which threatened them with potential fines and even jail sentences, said that it was aware that rival estate agents may be making joint decisions on where they list properties.

I sold this @ £3.49
Want my head lookin' at :(

Ah but did you sell at a profit?

Yes.
I bought @ £3.47 :)

Don't worry Jaun i can better that , in 2005 (i think) i bought ASOS for 59p and sold for low 60's (pence that is) because it didn't move much , now that's a sad story .

The only way Rightmove will go down is if I buy it back.

Looks like the housing market is only going one and it ain't up, so stay out I would say.

Down over 4% at the mo on finals day, looks like sell on the news as results look vg to me.

i have in my sipp and shall continue to hold

Black Rock go below 11%.