Persimmon Share Discussion Threads

[bouleversee] 22/3/2019 10:42

Where did you read that, Gliderpilot? That's all I needed!

[gliderpilot2002] 22/3/2019 09:51

There is a news story today about a lack of fire safety barriers in Persimmon homes. 1000 homes are to be inspected. Some homes have already been found to be dangerous.

[davius] 21/3/2019 10:36

I sold half my holding after they went ex-div, a poor decision at the time but looking better, in hindsight. With the possibilty of a no deal Brexit strengthening all of the house builders are getting trashed. I'd like to be buying back in but I can see another 20% or 30% reduction in the sector if we do crash out. I would expect a strong rebound if we end up with a two year extension, or, as unlikely as it seems, the bunch of bafoons running the country manage to agree a deal.

[bouleversee] 07/3/2019 14:15

P.S. According to my iweb account, PSN have a yield of 0%, div. of 110p, xd sometime in June and dividend cover of 0. I wonder if those 0s are libellous as well. LOL.

[bouleversee] 07/3/2019 14:12

Are you suggesting the photos are fakes and that they do let off plan buyers inspect before completing the purchase? You would have to be very brave and unafraid of being sued for libel if you lied about such things in a national newspaper and I don't think the directors have denied any of it, have they? I hasten to add it gives me no pleasure to say this as I have a pretty large holding.

[ntv] 07/3/2019 09:59

cowboy builders at there very best
same article as dailymail
more people need to do this

[dr_smith] 07/3/2019 08:43

5.59% down. Don't panic!
That's a note to myself.
Relax..... ex-div for £1.25.
Thought I'd missed some news.

[sogoesit] 06/3/2019 13:42

Redrow are particularly bad imv.
Experience of poorly fitted doors, kitchen ware & plumbing leaking and breaking, damaged doors, heating not working, shower drainage linked to toilet (odour) etc. requiring 2 years of warranty remediation on a newbuild off-plan apartment.
It’s the same in any construction industry. Be thorough with snagging lists, make payments only on condition of satisfactory snagging and ensure a contractual warranty period of at least two years.

[bouleversee] 06/3/2019 04:08

That is horrendous and makes me ashamed to be a shareholder. I had not realised things were quite so bad. Unbelievable that buyers were not allowed to see their homes before having to cough up. How can that be legal? No wonder the share price is some way off the high and I fear it will drop again after this.

[dr_smith] 01/3/2019 13:15

Yes, agree. HTB was flawed system from start.
From current smoke it would seem findings of HTB review to be presented shortly, though don't know if that will also include proposals for better ways to do same.
As you say, they enable, and need is still there from prospective house owner POV and gov wish still there, just a question of how best to do it.

Stamp duty is a slightly different issue, but IMO high cost means folks less inclined to move, maybe stay put and build extension etc, so in turn means fewer non-new properties also coming on market that would otherwise be in budget for first timers.

Dave

[dr_smith] 01/3/2019 12:36

I agree Mr W.. except "governments have failed to build sufficient housing ".
I won't shoot messenger, it's common media expression, but the gov don't build ANY houses to my knowledge.

[mr woodentop] 01/3/2019 12:19

You have to remember the real reason help to buy exists. It exists only because succesive governments have failed to build sufficient housing which in turn has meant house prices have risen more than they otherwise would have. Now governemnts are scared to upset the major part of the voting public who have paid over the odds for their houses so they just subsidise people to get on the housing ladder instead

So, all in all, some form of scheme like help to buy is here to stay IMHO .

Light blue touchpaper.....

[floridamassive] 28/2/2019 23:40

At ~10% yearly divi yield what’s not to like..... SUPER BUY!!!!

[floridamassive] 27/2/2019 16:03

Fantastic results, special and final divi of 235p over the next few weeks - 9.6% yield, £1B+ profit.... ENOUGH SAID!!

[villarich] 27/2/2019 08:44

JV is just another moron who picks and chooses what to be outraged about. That seems to be the norm with most of the press these days.

[dr_smith] 26/2/2019 17:25

grahamg8. Don't know 'owt about JV, but "yes" to rest.

[grahamg8] 26/2/2019 17:01

Jeremy Vine = economic numpty socialist. Without profits there would be no private enterprise. Which leaves the Government to become a house builder. I don't really think so. Remove the current home buying support and not replacing it with something similar leaves a lot of very angry and frustrated potential house buyers who not only won't be able to afford a home but the new homes simply won't exist. Project fear overdone.

[beaubleep] 26/2/2019 12:30

Just listening to an outraged Jeremy Vine criticise the billion profit. Currently up 4%, keep it up Jeremy.

[davius] 26/2/2019 12:13

I think it will take an agreement on Brexit, or at least confirmation that there won't be a no deal, to get it moving up to new highs. Great to see yesterdays fall reversed.

[sogoesit] 26/2/2019 07:25

With these figures it needs to be nearer £28 than £24!