Persimmon Share Discussion Threads

[whatsup32] 05/7/2018 08:28

Absolutely delighted

[sogoesit] 05/7/2018 08:28

Sure, why not ;-)?
Where else can you get 9%+ yield with visibility?

[whatsup32] 05/7/2018 08:10

Everybody happy ?

[grahamg8] 05/7/2018 07:54

If revenues are up and margins expected to increase then we should see the EPS increase. As 235p was covered in the 2017 results there seems to be no reason to suspect that it won't be this year also. So we have 9.48% yield without consuming capital. If that continues for three years then there seems to be no reason to expect the share price to be any lower than at present. Remember Persimmon is cash rich unlike GFRD which has just had a rights issue = implies cash poor, although partly corrected. Also worth checking out the average property sale price against other builders which shows differences in target market and geographic spread. Topped up yesterday and happy to hold for income or trade for gains as sentiment rises and falls.

[whatsup32] 05/7/2018 07:23

Business as usual. Phew... analyst call in 9am. Housing revenue up 6% over 6 months compared to 2017.value of forward sales up 6% over last year .. best bit despite inflationary pressure margin increasing

[plasybryn] 05/7/2018 07:18

Very reassuring words.

[sogoesit] 05/7/2018 07:13

“Margin progression” continues. Average selling prices increase 2% y-o-y.
No reason to be like BKG.

[whatsup32] 04/7/2018 21:39

Trading update tomorrow. Make it good management

[whatsup32] 04/7/2018 10:04

Well I’m in. Optimistic about trading update tomorrow. April update was v. Strong so can’t see too much change to warrant the share price drop over the past month.

[whatsup32] 02/7/2018 20:22

Sogoesit . Thanks,

They will need balls of steel to take £300 mil in bonuses and then say we are going to do bad

[sogoesit] 02/7/2018 20:21

Trading Update on Thursday 5th... we will see if they say anything different from BKG.
Back to a 9% yield; great value imv.

[whatsup32] 02/7/2018 18:30

What’s happening with this company. It can’t be just the remuneration or the possibility of a slow down

[dr_smith] 02/7/2018 17:34

Rec'd mine this morning from YouInvest.

[micos] 02/7/2018 17:04

I believe the dividend was due to be paid today but no sign in either of my I-Web accounts

[sogoesit] 21/6/2018 00:03

BKG’s results yesterday have put a dampener on housebuilders.
Market pundits are now calling the top of the market as well or as a consequence of BKG comments in its results.

[davius] 20/6/2018 21:37

US housebuilders took a hit Monday, probably a knock on.

[karam] 20/6/2018 17:08

I don't know

[micos] 20/6/2018 15:11

What has caused such a dip in price since going XD last week@

[sogoesit] 14/6/2018 07:38

BKG (London centric) has underperformed PSN on all but a one-year term view.
From experience in London B-t-L prices have been “soft” for nearly 2 years now, recently eliciting a price reduction in the 15% range from a developer having had properties on the market for over 12 months unsold.

[dr_smith] 13/6/2018 09:33

Keep up cashpoint, that was yesterday. ;-)
Seems all builders tarnished with same brush..and I'm hoping it is unjustified, no mention in BWY and BKG results next wed may either add to cost concern..or alleviate.
Higher costs have been part of the scene for last year, so hoping market has over done reaction, also seems it's the top end of houses that were hit most and even then I'm guessing London centric, so counting on this being a CRST issue only.

[cashpo1nt] 13/6/2018 07:46

Crst warning of rising costs - pressure on margins.

[cashpo1nt] 12/6/2018 20:11

See TW. & CRST down more %wise.

[cashpo1nt] 12/6/2018 19:49

Why the fall just before it goes XD. Expected buyers grabbing the £1.10 divi.

[sogoesit] 11/6/2018 10:05

£29 breaks the toppy area now.
Still undervalued at 8% yield.
Another £10 to go?

[sogoesit] 31/5/2018 10:29

Bought some more for the next payout on the recent pull-back to 2800.
Wonder if we'll break this toppy area... or collapse ignominiously to the 2500's?