Persimmon Share Discussion Threads

[the_equaliser] 23/3/2017 17:17

17:00:33 2110.5200 321,099 NT 2105.0000 2114.0000

16:51:26 2110.5200 321,099 NT 2105.0000 2114.0000

[the_equaliser] 23/3/2017 08:27

Earning per share (p) 170.30
EPS Growth (%) 39.82
52 week high / low 2,166.00 / 1,170.00

[the_equaliser] 23/3/2017 08:24

Broker Note update
22 Mar Shore Capital N/A Buy

[the_equaliser] 23/3/2017 08:10

NIce rise while all other builders down,
could be

1, other builders rose well why psn did not
2, Good news leaked maybe
3, Insti building a stake

Lets see EOD large trade maybe

[the_equaliser] 17/3/2017 08:44

Note 2 different house builders RNS

Which would you buy

Berkeley Group's underlying reservations in the seven months since the immediate Brexit referendum effect were down 16% but the last two months were ahead of last year.
It said pre-tax profits for the year ended 30 April were expected to be at the top end of analysts' forecasts, with the actual outturn dependent upon completion timing on Berkeley's larger developments.
A similar level of profitability was anticipated for the year ending 30 April 2018.
The group said the housing market in London and the South East had now stabilised and enquiry levels remained robust, cancellation rates were at normal levels and pricing continued to be resilient and above business plan levels.
It said: "The reduction in reservations is across all price points and reflects the ongoing impact of both Brexit uncertainty and the changes in recent years to SDLT and mortgage interest deductibility.

PSN company announced a further increase in its capital return plan.
Pretax profit came in at 774.8m, from 629.5m. Revenue was 3.1bn, from 2.9bn.
Chair Nicholas Wrigley said the company continued to perform strongly in 2016, meeting market demand with increased output and delivering disciplined high quality growth.
"The group has now completed the first five years of its long term strategy which remains focused on growing Persimmon into a stronger, larger business while maintaining capital discipline and robust free cash generation," he said.
"The strength of the group's operating model is demonstrated by our ability to grow completion volumes by more than 60% and investing about 2.6bn of cash in land through this period while simultaneously returning over 1.0bn of excess capital to shareholders."
Wrigley added that customer activity in the early weeks of the 2017 spring season was encouraging.
The strong performance of the business has enabled the Capital Return Plan to be increased by 45% to 2.76bn or 9.00 a share in February 2016, together with a further acceleration of the payment schedule.
The Group's continued outperformance in 2016 was enabling a further increase in the Capital Return Plan, with an additional payment of 25p a share, increasing the total value of the plan by about 77m to 9.25 a share.

[the_equaliser] 17/3/2017 08:33

Mot impressed,
Psn is the strongest with profit from house builders yet BKG gets a better rise
:O(

[the_equaliser] 13/3/2017 08:17

RDW / GFRD with BVS possibly not
PSN maybe ??????

[the_equaliser] 08/3/2017 08:59

Dave willets on bloomberg emphasising on house holders concern/cost lack of houses / builds

[the_equaliser] 08/3/2017 08:55

28 Feb JP Morgan... N/A Overweight
28 Feb Beaufort... N/A Buy
28 Feb Deutsche Bank 2,313.00 Hold
27 Feb Peel Hunt 2,120.00 Hold
27 Feb Shore Capital N/A Buy

[the_equaliser] 07/3/2017 09:00

NOt a holder


GFTU Grafton group plc ut (1 ord, 1 c ord & 17 a ord) 659.00 607.00 8.57%

Grafton Group plc is an independent, profit-orientated growth company, operating in the UK and Ireland whose main activities are builders and plumbers merchanting, DIY retailing and mortar manufacturing.

[the_equaliser] 02/3/2017 18:24

17:09:15 2125.0000 271,739 NT 2105.0000 2115.0000
17:07:23 2125.0000 587,431 NT 2105.0000 2115.0000

Reason for fall
or
Buys for tomorrow onwards
or yesterdays rise
???

[the_equaliser] 01/3/2017 18:25

you have to laugh at trading pattern
someone missed the boat
drop it to get them in and watch it fly
lols

[cwa1] 27/2/2017 09:43

Not sure but I've decided to take my maiden stake here at just under 2010p. Probably too early but I liked the look of those results and hopefully longer term, all other things going well, there should be room for share price improvement. Good fortune to all holders.

[phatprofit] 27/2/2017 09:32

Tree shake or reversal???

[banksy] 27/2/2017 09:19

Cracking results. Clearly the negativity within the housing market still remains. Still let's see if it rises for the interim div by 31/3

[chinese investor] 27/2/2017 08:02

Good Start !

[the_equaliser] 27/2/2017 07:51

Should see re-rating BN's i am guessing soon

[chinese investor] 27/2/2017 07:45

Great Results !

[the_equaliser] 27/2/2017 07:33

Yes with 25p special divi 31 march

Persimmon improves FY pretax profit,
StockMarketWire.com
Persimmon has cited a strong full-year performance in 2016, with both pretax profit and revenue rising as the company announced a further increase in its capital return plan.

Pretax profit came in at £774.8m, from £629.5m. Revenue was £3.1bn, from £2.9bn.

Chair Nicholas Wrigley said the company continued to perform strongly in 2016, meeting market demand with increased output and delivering disciplined high quality growth.

"The group has now completed the first five years of its long term strategy which remains focused on growing Persimmon into a stronger, larger business while maintaining capital discipline and robust free cash generation," he said.

"The strength of the group's operating model is demonstrated by our ability to grow completion volumes by more than 60% and investing about £2.6bn of cash in land through this period while simultaneously returning over £1.0bn of excess capital to shareholders."

Wrigley added that customer activity in the early weeks of the 2017 spring season was encouraging.

The strong performance of the business has enabled the Capital Return Plan to be increased by 45% to £2.76bn or £9.00 a share in February 2016, together with a further acceleration of the payment schedule.

The Group's continued outperformance in 2016 was enabling a further increase in the Capital Return Plan, with an additional payment of 25p a share, increasing the total value of the plan by about £77m to £9.25 a share.

"This new 25 pence per share payment will be made on Friday 31 March 2017 as a first interim dividend in respect of the financial year ended 31 December 2016."

In addition, directors confirmed the scheduled capital return of 110p a share will be paid on 3 July 2017 as a second interim dividend in respect of the financial year ended 31 December 2016.

[d40eq6] 27/2/2017 07:22

Super results.

[the_equaliser] 25/2/2017 21:13

CEO was most confident at full yr results to 1/2 yr results, i did comment few months ago, looking at results nothing but plus 2-3 other housebuilders in same league i did post

[gliderpilot2002] 25/2/2017 17:58

Having looked at what happened last year I think they could open as much as a pound higher. This also is only a guess and not to be taken too seriously.

[the_equaliser] 24/2/2017 16:24

plus 20-40p opening
just a guess

[the_equaliser] 24/2/2017 16:21

I expect results to be good / strong
With good looking future bookings sales


CEO was very bullish on bloomberg few weeks ago
;o)