Persimmon Share Discussion Threads

[sikhthetech] 15/11/2023 15:00

New builds are sold off-plan.

Therefore, it would be surprising housebuilders have many unsold properties. Expensive assets to hold in a declining market.

If you look at sites like On The Market, you'll see PSN has had around 200 properties up for sale for many weeks.

[kreature] 15/11/2023 14:48

Oh dear, that’s a disappointing US effect on the share price isn’t it.

[kreature] 15/11/2023 14:34

Looks like you spoke too soon. US such a help. Well done though, up 0.48%

[winner31] 15/11/2023 13:21

Investorwil I was referring to the idiot kreature .!

[winner31] 15/11/2023 09:03

Could see £14 today when US kicks in

[beckers2008] 15/11/2023 08:40

"kreature - 10 Nov 2023 - 08:25:58 - 4893 of 4916
Well I'm shorting the lot PSN, BWY, RDW"

You timed that well, lol, just lol!

[investorwil] 15/11/2023 08:30

Who me? Lol

And for clarification I have never ever shorted PSN and gave been a strong buyer below 1000p as my previous posts confirm.

[investorwil] 15/11/2023 08:24

Damn it! I wish this share price would stop going up so fast as I need to buy more of these before Christmas. 😂

[kreature] 15/11/2023 05:13

There’s no ouch as you might feel, and the destination doesn’t change, but thanks. Not sure why anyone would buy a paper frame house with half speed broadband anyway? ATB

….just been reading through the real TrustPilot reviews. Well worth a read

[winner31] 15/11/2023 04:08

Wouldn’t want to be short on this share today ouch . Mortgage rates are tumbling .Major lenders have announced new mortgage rate cuts, widening the choice for borrowers searching for deals under the 5% mark.

First Direct announced rate cuts of up to 0.40 percentage points from Tuesday.

Halifax also announced cuts to its mortgage rates by up to 0.46 percentage points from Wednesday.

This includes cutting a five-year fix for borrowers with a 10% deposit by 0.24 percentage points to reach 4.97%.

[kreature] 15/11/2023 00:27

Now what ?


Looking bleak out there

[beckers2008] 14/11/2023 19:31

"kreature - 10 Nov 2023 - 08:25:58 - 4893 of 4908
Well I'm shorting the lot PSN, BWY, RDW"

You have done well, lol!

Your not that village idiot Sikhthetech, it is over 85% down on it's only investment TLY, Lol, just lol!

[kreature] 14/11/2023 19:14

It’s not that folks don’t want to pay.....it’s just that they can’t pay due to the massive increase in mortgage rates. Sorry for repeating myself

[kreature] 14/11/2023 19:10

Rightmove is asking prices only, so it doesn’t count.
The best current’indicator’ for house prices is lack of affordability due to mortgage rates trebling and cost of everything crisis. 2024 will be a disaster due to 100.000 households coming off fixed rates every month

[winner31] 14/11/2023 14:43

I wouldn’t want to be short on this share over the next week ouch ;-)

[beckers2008] 13/11/2023 10:10

Sikhthetech,

When is your 5 plus year predicted house price crash, 40% peak to trough going to happen.

Rightmove could be spot on... "House prices are "heading towards" Rightmove's prediction of a 2% decline for 2023"

Sikhthetech,
You are not credible.

[kop202] 13/11/2023 10:10

From my time as a home warranty surveyor ... in normal times home buyers wanted to be in their new home for Christmas... other than that... house hunting doesn't pick up till the spring.... house sales in the spring of 24 will be a good indicator

[davius] 13/11/2023 09:35

UK house prices suffered the chunkiest November loss in five years, numbers showed, though findings suggest 2023 has not been as tough a year for the sector as predicted. According to Rightmove, UK house prices declined 1.7% on a monthly basis this month, the worst November fall since 2018. Sitting at GBP362,143, UK house prices are 1.3% lower on-year. House prices are "heading towards" Rightmove's prediction of a 2% decline for 2023. Contributing to the November price decline, sellers turned to "pricing realism" to attract buyers.

[beckers2008] 13/11/2023 08:22

K,

If Thatcher never started it, you would have millions living on the streets.

[kop202] 13/11/2023 07:39

The tragedy in the UK of course is the politicising of housing market.. All started by Thatcher in the 80's....with the simple assumption that home owners are more likely to vote Conservative.

[kop202] 13/11/2023 06:47

The pressure to build new homes/dwellings for our young people is becoming critical... Home ownership has become a pipe dream for the majority of young couples starting families...the rented sector must deliver in the coming years..... we can't rely on the psn's /tlw's of this world to solve this overarching problem for us

[kop202] 13/11/2023 06:08

Beckers oh come on.... all politicians dodge difficult questions in interviews.... the classic response is they answer another question instead of the one they have been asked

[beckers2008] 12/11/2023 10:40

Yvette Cooper was caught trying to dodge Laura Kuenssberg's question on Labour's plan for the net migration target.
Lol, the Antisemitic Labour Party never answer a question!