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14-05-2013, 07:30 PM
#231
Sheesh some high volume coming out of trademe this week!
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15-05-2013, 02:49 PM
#232
Where are the sellers? Whats happening
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23-05-2013, 10:48 AM
#233
Junior Member
Anyone else starting to think TME might be getting a tad overvalued?
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23-05-2013, 02:00 PM
#234
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31-10-2013, 10:42 PM
#235
Member
It will be interesting to see how TradeMe's new fee structure for property listings will play out in the next few months. From tomorrow, real estate offices will pay $159 per listing instead of a maximum $999 for all their listings - potentially enabling TradeMe to triple its revenue from property listings. More details here. Of course REAs are threatening to up and leave the site en masse and list only on www.realestate.co.nz but somehow I don't think it will happen due to TradeMe's monopoly position.
Just for the record, currently there are currently 53871 residential listings on the site. Wonder if that number will change substantially in the coming months.
Last edited by okane; 31-10-2013 at 10:43 PM.
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01-11-2013, 02:24 AM
#236
Originally Posted by okane
It will be interesting to see how TradeMe's new fee structure for property listings will play out in the next few months. From tomorrow, real estate offices will pay $159 per listing instead of a maximum $999 for all their listings - potentially enabling TradeMe to triple its revenue from property listings. More details here. Of course REAs are threatening to up and leave the site en masse and list only on www.realestate.co.nz but somehow I don't think it will happen due to TradeMe's monopoly position.
Just for the record, currently there are currently 53871 residential listings on the site. Wonder if that number will change substantially in the coming months.
Hate to say it but trademe is ripe for some competition. Really it wouldn't be that difficult for a bunch of developers and other IT guys plus some business people to throw together an online trading system and give them a real run for their money. Might take a couple of years to get going but with the right people it could really do well and take a lot of trademe's business. All they would need to do is have all the features trademe does and a few that they don't, then offer no fees for a year to build a customer base. Make it look good, run at a loss and list on the NZX which currently loves IT companies (especially IT companies making huge losses) and bobs your uncle!
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01-11-2013, 06:28 AM
#237
The real estate agents and their website are probably in the best position to compete with Trademe. They have the scale to do it.
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04-01-2014, 09:09 PM
#238
Attachment 5268
A few technical notes on Trade Me.
Historical resistance at around 4$ is now support.
Falling wedge is bullish
Strong divergence on RSI
sorry about the poor quality of the drawing but you can see what I mean hopefully
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05-01-2014, 01:37 PM
#239
Originally Posted by peat
Attachment 5268
A few technical notes on Trade Me.
Historical resistance at around 4$ is now support.
Falling wedge is bullish
Strong divergence on RSI
sorry about the poor quality of the drawing but you can see what I mean hopefully
Bit omimous the price is some 25% off its highs of 6 months ago .... brings it into the this is interesting territory
The death cross (PTs 47MA / 199MA cross) at 465 not a good look either
See what happens with your falling wedge eh ... wouldn't want it fall below 4 bucks though (from a TA point of view)
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05-01-2014, 01:56 PM
#240
That wedge of yours not really a wedge ... the little peaks ay 470 odd on 22 October stuff the top line up a bit for a wedge
Looks more like a price channel if you join the tops and the bottoms
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