Persimmon Share Discussion Threads

[arja] 05/12/2018 17:05

I am puzzled to for reason I gave on BKG thread. Surely it will be likely when the witch's deal is rejected . Hopefully there will be a PV which will really boost building stocks ! ( smile ) .But I am a REMOANER and proud of it !

[plasybryn] 05/12/2018 15:48

Why do the builders like the fact that a Hard Brexit is less likely after yesterday's vote?

[micos] 05/12/2018 15:45

I agree Gorse. Any reason for today's increase?

[gorse] 05/12/2018 15:37

I do wish they'd split their dividend payments more equally across the year ... including specials.

[spcecks] 05/12/2018 15:30

Yes still a long way to go just need a bit of patience and collect the dividend in the meantime.

[micos] 05/12/2018 15:21

A better day today but still a long way to go

[gaffer73] 04/12/2018 17:35

£10 off the 52wk high, and for what reason?

[rsharman] 03/12/2018 13:31

Yes - and then went straight back up again!!

[porsche1945] 03/12/2018 11:55

Market up 150 oints and this cxxp still going down, I wonder where the floor is, around what it went to just after brexit fiasco vote, about 1460/80.

[spcecks] 03/12/2018 10:43

Added a few as way oversold and great dividend.

[thefartingcommie] 03/12/2018 10:07

BoyBlue
3 Dec '18 - 09:55 - 1941 of 1942
0 0 0
House prices starting to go up again
This has been heavily shorted.
Distorted value so shorts will close and this will correct very fast

Really...??

Disclosed positions in PERSIMMON PLC (PSN)
Total 0.0%

ergo.....you are talking utter tosh

[boyblue] 03/12/2018 10:00

PE Ratio of 7.5 guaranteed Div. of 12.5%

[boyblue] 03/12/2018 09:55

House prices starting to go up again
This has been heavily shorted.
Distorted value so shorts will close and this will correct very fast

[arja] 03/12/2018 09:31

rally today soon fizzled out and chart suggests more downside to come. PSN seems to be worst performer in building stocks today and I wonder why !

[gaffer73] 30/11/2018 16:10

Must be a buy at these levels surely. 12% divi, bags of cash and plenty of plots.

[porsche1945] 28/11/2018 20:08

You are right itchy, payout will be cut regardless of what they have said, to protect capital, things likely to head back shortly to 2008 for builders, help to sell scheme was always going to end badly like everything this shambles of a government have tried, no company yields 11 per cent so specials will be gone in short order, surprised at how fast these are falling now, brexit tanking it all rapidly even if there is deal of sorts.

[davius] 25/11/2018 21:15

From the Money section of The Times, 24th November:

Helal Miah of the Share Centre, a stockbroker, says housebuilders have been out of favour because they are closely linked to the UK economy. Yet there is still a huge demand for new homes and many housebuilders are making good profits. He says: "Persimmon has a strong order book and is still growing. On the one hand it is focusing on cutting costs and on the other it is developing its own brick and roof tile manufacturing operation so should be well placed to meet future demand."

[boyblue] 21/11/2018 10:00

Watch and wait for the Hedge funds to close the short positions.
Guaranteed dividends, forward sales looking good, time for a re-rating

[davius] 20/11/2018 09:58

Persimmon have already committed to issuing dividends of 235p for 2019 and 2020 and 110p for 2021. Current yield is over 11%.

[itchycrack] 20/11/2018 08:35

Yep, long long way down for this one before the trend changes back up.
Dividend cut also likely in the future too.

[arja] 20/11/2018 08:26

chart suggests much more downside but will be bounces along the way .

[penycae] 19/11/2018 11:43

Nice trade.....

[penycae] 19/11/2018 10:33

Time to get on board the brickies.

[porsche1945] 15/11/2018 13:42

Davius...
oh dear, luvin it!!😁

[porsche1945] 12/11/2018 14:57

housing shares great for capital destruction while chasing dividemds that wont last, builders about to re tst year lows, end of cycle with or without silly help to sell scheme for the great unwashed