We’ve had a couple of experiences with Savills, each forcing us to conclude the Estate Agency tend be committed to doing the best for their client, rather than simply trying to get a property off their books and move onto the next thing. \Our first Savills car crash happened back in 2009, when everything in the world was going to heck and we thought we’d spotted an amazing property which could be snatched up for a song. There was a property listed at offers over £250,000, at a time when – for example – you could buy Bank of Scotland shares with chocolate coins. As the bank had declined to 9p or so, we felt the hysterical media was creating panic everywhere, suspecting we could take advantage of the awful market.
To be fair, very few folk were buying property in 2009, so we were pretty certain a bargain could be had. After offering £150,000 for the property without the need to get a mortgage, the seller took around a week before caving, accepting our offer and letting our lawyer know. We literally couldn’t believe our luck, the place being incredibly attractive with 5 bedrooms, a couple of kitchens, and a large paddock which bordered a river. Also, private parking for around 10 cars, along with a turning circle made it useful. The only thing the place lacked was a large garage. And for 24 hours it was ours, until the next day. Our Lawyer called to advise the acceptance had been withdrawn on advice from the Estate Agent. She felt, while a legal squabble was possible, it could take years without a certain outcome and thus, we’d be best adjusting our offer or finding somewhere else. Thankfully, we did, our current tiny little house enjoying quite a bit of land, along with the front leading down to the sea shore. And when floods hit back in the 2001 storms, the house we missed was learning to swim, the river completely flooding the place. Meanwhile, we’ve a seashore, a waterfall, a cliff, and a deciduous forest, all of which we somehow cope with. But we were left impressed by Savills and their protection of their clients interests, even though we were foiled in “stealing” a property.
More recently – words are being chosen with care – a property appears on the Savills lists, our daughter falling completely in love with the place. She’d passed the screening from Savills, was allowed to sail across to the property, decided it represented the rest of her life. She made a 7 figure offer, the owner apparently happy at the prospect of a 6 figure gain above the asking price. We visited the place, dud the tour, and immediately knew it would be a mistake buy for our daughter, the annual costs of such a location being horrific. However, our offer below the £1 Million threshold was passed to the Estate Agents client and immediately rejected. And this is where it all fell apart, a surprise offer of above £2 Million coming from a New York buyer, who shall doubtless have fun trying to make the place suitable for human habitation.
To explain, a fortune had been expended building a substantial house on this remote piece of land but no consideration had been given to a tiny little issue, “what happens where you dock your boat and want to carry a big outer of toiler paper to the house? A half mile uphill walk awaits, following a narrow deer track. What is needed was gravel tracks for a small 4 wheeler, none of which exist on the land. But with winter winds exceeding regular 60mph blasts, along with an unfair ratio of rain, the place is exactly why folk need be careful about property on the west of Scotland. It would be true to say, the quieter an area is, the worse the weather is liable to be. But our daughter still grumbles about ‘missing’ her dream property, blissfully unaware of the real costs involved in owning a “nice place” in Argyll. am area of Scotland which can be hell for around 10 months of the year, either blessed with foul weather or biting insects. Either May or June can be capable of leaving tourists arrive.
But in summary, Savills appear to have the interests of their clients at the forefront.
Will Savills share price manage to impress us?
Currently below 800 looks capable of triggering reversal to 652p Our secondary is at an extremely unlikely 274p.
Alternately, above 1,084 looks like triggering share price gains to an initial 1,211 with our secondary, if beaten, at 1,422o sometime in the future.
We think Savills should be allowed some positive thoughts for the future.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:35:01PM | BRENT | 10025.2 | ‘cess | ||||||||
| 11:47:49PM | GOLD | 4394.12 | 4375 | 4304 | 4236 | 4434 | 4434 | 4440 | 4472 | 4386 | |
| 11:51:57PM | FTSE | 10644.8 | Success | ||||||||
| 11:55:30PM | STOX50 | 6304.2 | Success | ||||||||
| 12:00:40AM | GERMANY | 25545.7 | 25513 | 25419 | 25308 | 25658 | 25906 | 26029 | 26201 | 25786 | Success |
| 11:08:58PM | US500 | 7641.6 | Success | ||||||||
| 11:56:05PM | DOW | 52484.3 | Success | ||||||||
| 12:11:25AM | NASDAQ | 29350.2 | ‘cess |
SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.
Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION
Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.
UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.
We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…
Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares
Click Epic to jump to share: LSE:BP. BP PLC** **LSE:GLEN Glencore Xstra** **LSE:SAGA SAGA Plc** **LSE:SDY Speedyhire** **
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Updated charts published on : BP PLC, Glencore Xstra, SAGA Plc, Speedyhire,
LSE:BP. BP PLC. Close Mid-Price: 557.1 Percentage Change: + 0.00% Day High: 563.2 Day Low: 552.5
In the event of BP. share price managing to exceed 563.2 (please, not an ……..
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View Previous BP PLC & Big Picture ***
LSE:GLEN Glencore Xstra. Close Mid-Price: 625.4 Percentage Change: + 0.00% Day High: 633.7 Day Low: 619
Target met. In the event of Glencore Xstra enjoying further trades beyond ……..
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View Previous Glencore Xstra & Big Picture ***
LSE:SAGA SAGA Plc. Close Mid-Price: 600 Percentage Change: + 0.00% Day High: 621 Day Low: 593
Target met. Continued weakness against SAGA taking the price below 593 ca ……..
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View Previous SAGA Plc & Big Picture ***
LSE:SDY Speedyhire. Close Mid-Price: 16 Percentage Change: + 0.00% Day High: 16.4 Day Low: 16
In the event Speedyhire experiences weakness below 16p it calculates with ……..
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View Previous Speedyhire & Big Picture ***
*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.
Click Epic to jump to share:LSE:AAL Anglo American** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:MRO Melrose** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:ONT Oxford Nanopore Tech** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:STAR Star Energy** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **
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