Persimmon Share Discussion Threads

[sogoesit] 04/2/2020 08:23

£31 breached.
(IC journo dissed the stock at weekend)

[blueflame] 31/1/2020 13:40

New all time high for Persimmon and with the results less than a month away we should start to see further interest imo.

[troajan1] 25/1/2020 05:50

Barratt Developments (up 1.6 per cent, or 12.4p, to 809.6p) and Persimmon (up 1.1 per cent, or 34p, to 3049p), providing sites users with access to over 700 developments.

[dr_smith] 24/1/2020 16:46

3% up on my last post taking ATH to 3049 (3075.9 intra day).

[sogoesit] 22/1/2020 08:17

£30 breached today!

[dr_smith] 21/1/2020 17:24

BWY,PSN & TW close at ATH today, and a FTSI down day too. :-)
RDW smidgin below ATH and VTY ATH too, though recent merger makes it les surprising.

[grahamg8] 16/1/2020 07:16

I only post on companies when I hold shares and so I'm nearly always positive when I post. If I didn't believe in the companies then I wouldn't own the shares and so wouldn't post. So a little puzzled about being criticised for not being positive enough. So I repeat 'not much growth prospects'. That is not the same as no growth. But the chronic shortage of housing is not a reason for house builders to build more, neither is a large land bank which actually shrank during 2019. Builders need prices to stay high which restricts their desire to build more, and a shortage of suitable labour means they couldn't even if they wanted to.

[dr_smith] 15/1/2020 09:59

>We will give an update on our assessment of the housing market over the early weeks of 2020

So that wuld be by say 3rd week of Jan.
Where are we now? Oh...3rd week of Jan...

Why can't they say now, must be some influential factor in pipeline.
Either gov policy/planning/tax change (not aware of anything new there).
OR maybe they are concluding a major land/partner deal so have to stayy schtum a bit longer.
OR maybe CFO is on his ski holiday.

PP I can only half agree.
Over 2/3 of my folio is builders, so that says what I think of HB for positivity, and sparsity of choices in other sectors.
I say only half agree as all the big builders seem to have stopped expanding volume-wise, to avoid boom and bust with many returning resultant spare cash by way of special divs.

I'm in 2 minds about their investing in quality aspect.
1. With plan to constrain expansion in volume, perhaps they seek more margin in each unit by adding quality, higher share price and higher % return per plot.
2. With most buyers busting a gut financially, they don't have spare cash to pay for that higher quality - unless perhaps it is the elderly/downsizing market.

IMO
Dave

[eggbaconandbubble] 15/1/2020 08:17

Spot-on Pelmets!

[purplepelmets] 15/1/2020 07:57

Due to a chronic a persistent housing shortage, and a pro capitalism govt for the next 5 years at least, I can't think of many sectors with such +ve growth prospects as housebuilders.

[eggbaconandbubble] 15/1/2020 07:55

'not much growth in prospect' - ?

They have a sizeable landbank and the demand for houses will be immense over the next 5 years.

What's not to like here?

[grahamg8] 15/1/2020 07:19

Results say steady as she goes. Very solid company, not much growth in prospect but good dividend and no debt.

[sogoesit] 09/1/2020 19:20

Analyst housebuilding report... for the politically incorrect ;-) :

[purplepelmets] 02/1/2020 10:56

sound like moaners tbh

[cupra kid] 13/12/2019 16:36

Excellent volume on this wonderful blue day. Bodes very well indeed.

[dr_smith] 13/12/2019 10:30

Davius...hang fire for a while.
Looking at current share price of 2794 you've used your luck quota for a little while. ;-)

[davius] 13/12/2019 09:26

Well despite being a holder for a while, and having a very low average after reinvestment of the special dividends, I've decided to sell today. I took pot luck and put my order in at market as immediate trading wasn't available, and received 2846, which was very acceptable. Will see how it settles after the euphoria dies down before deciding whether to buy back in later, or hang fire a while.