DHG

0.35%

$2.86 domain holdings australia limited.

Ann: Resignation of CEO. Global search commenced for new CEO, page-79

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stevenlala

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19/02/18

17:48

Post #: 31167073
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Originally posted by RBEInvestor ↑

Amendment: That should have read: "The reality is that Domain Group's commercial site is only achieving 10% of the upgrade revenue when compared to REA's commercial site. In other words, REA is getting 90% of the upgrade revenue of commercial listings, Domain Group is only getting 10%. The revenue disparity for residential listings is also apparent, but not to the same extent when comparing www.domain.com.au and www.realestate.com.au Before buying any serious volume of this stock make a phone call to 6 realestate agencies across three states of Australia and ask the question: "If I was to list my property for sale or rent with you and I wanted to spend a thousand dollars on listing upgrades, would you recommend Domain or Realestate.com.au ?" You will find that most agents will say REA. Domain's website has better tech and the app is also better than REA, but realestate agents ultimately recommend to their home owners where to spend their money, so it does not matter how good the tech is if realestate agents prefer the REA portal over Domain. That is the challenge being second to market. Realestate agents simply see REA has the number 1 website and until that mantra changes, this stock will always struggle.

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That is because the agents are not updated fast enough. I use rea product when I look for property one and half year ago since I do not have other choose. But now I definitely use domain. Property investment time have past, the old people who don't know how to use cellphone are not demanding more property any more.

DHG Price at posting: $3.00 Sentiment: Hold Disclosure: Held
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Last $2.86		Change 0.010(0.35%)		Mkt cap ! $1.806B

Open	High	Low	Value	Volume
$2.87	$2.87	$2.84	$2.114M	739.6K

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No.	Vol.	Price($)
1	1	$2.86

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Ann: Resignation of CEO. Global search commenced for new CEO, page-79

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