Persimmon Share Discussion Threads

[beckers2008] 14/3/2024 17:53

K,
The share price is still way above your short price, lol!
Which ever way you look at it...
You called it wrong, lol, just lol!

""Beckers2008 - 26 Oct 2022 - 12:33:16 - 10891 of 17651

Jugs,

The idiot sT, posts words and numbers before it thinks, lol!

BOE base rate at 6%, no chance.

We won't mention bank to bank lending rates as the village idiot 'Sikhthetech' won't want you to rip him a new one again, lol, just lol!"" END.

Times haven't changed, lol!
sT still talks BS, lol!
Sikhthetech, apart from being the village idiot, is now on it's 6th year of being wrong, lol!

Remember my statement...
BoE Base Rate at 6%
Absolutely no chance.

Imo, BoE to cut base rate from currently 5.25%,(not 6%). Starting in Q3 2024.

You heard it first trolls, watch and learn, lol, just lol!

[kreature] 14/3/2024 17:26

Becky is a bit quiet for some reason ?

[kreature] 14/3/2024 09:45

£10 support ?

[kreature] 14/3/2024 09:10

It’s like the Titanic trying to use a few air-bags at the surface isn’t it ?

[kreature] 14/3/2024 04:04

PSN scheming to do the thing? But wouldn’t it be easier to just reduce the ticket prices of the houses ? Personally I think all the houses should be priced at the same amount that social housing residents pay to move in. So one price for everyone?

[kreature] 14/3/2024 03:47

I feel sick watching this for some reason.

[kreature] 13/3/2024 23:19

Hmmm, under 1300 tomorrow? That director-buy looking futile ?

[beckers2008] 13/3/2024 13:54

""Beckers2008 - 26 Oct 2022 - 12:33:16 - 10891 of 17651

Jugs,

The idiot sT, posts words and numbers before it thinks, lol!

BOE base rate at 6%, no chance.

We won't mention bank to bank lending rates as the village idiot 'Sikhthetech' won't want you to rip him a new one again, lol, just lol!"" END.

Times haven't changed, lol!
sT still talks BS, lol!
Sikhthetech, apart from being the village idiot, is now on it's 6th year of being wrong, lol!

Remember my statement...
BoE Base Rate at 6%
Absolutely no chance.

Imo, BoE to cut base rate from currently 5.25%,(not 6%). Starting in Q3 2024.

You heard it first trolls, watch and learn, lol, just lol!

[sunshine today] 13/3/2024 05:31

Look for house builder margins to get smashed as they are forced to put millions into sink funds, on every site, to cover the upkeep of communal areas for the next 1,000 years.

Local councils don’t want that liability.

New home purchasers are fed up being stung with inflated unknown costs, after being stitched up by the house builders over the last decade.

[sikhthetech] 12/3/2024 23:09

Immigration/demand.

During GFC there was demand from Europe. Several East European countries joined the EU in 2000-2004 and there was freedom of movement. Post brexit, that freedom of movement no longer exists.

Plus if there was huge demand then why are HBs reducing no of builds? Potential homebuyers can't afford the homes, so HBs reduce the supply.

[kreature] 12/3/2024 22:08

Taliking of scheming, how much would paper/timber frame houses cost if banks and mortgages were completely removed from the equation?

[kreature] 12/3/2024 21:58

Scheming? Or just reduce the price to what it should be ?



So 5% of 300k is a 15k gift from ‘the bank of poor mum and dad’. And you give them 2k of that back, so now they are still down 13k ? Terrific, why not just reduce the price of that paper framed fleecehold house by say 75% ?

[sikhthetech] 12/3/2024 20:20

It's not all about interest rates. House prices are simply too high.

The govn has huge debt and so is not in a position to provide a needed boost.


Unlike GFC, when the govn introduced the Help to Buy scheme. HBs made hundreds of millions of pounds from the scheme.

Giving home buyers 20% (40% in London) interest free loan provided HBs to opportunity to grow quickly. Now FTBs have to raise bigger deposits, which is difficult to do, whilst renting.

It's not all about interest rates.

[sikhthetech] 12/3/2024 20:17

Poor update as predicted.
HBs continue to struggle, they are dependent on incentives to try and boost sales.

As predicted in Jan, when the share price was around 1500p, the risk was to the downside.

Gov has huge debt and so is in no position to provide the boost that HBs need.




Current trading and outlook

"We have started the year in line with expectations, with our recent marketing campaign generating a significant number of leads for our sales teams. Enhanced competition in the mortgage market and wage growth have contributed to improved affordability albeit it continues to be constrained, particularly for first time buyers, and demand for homes remains varied across the country."

"With interest rates expected to remain at current levels and a general election on the horizon, market conditions are expected to remain subdued throughout 2024."



sikhthetech - 11 Jan 2024 - 14:12:30 - 5172 of 5406 PERSIMMON PLC - THE CHARTS
TW reported TU this morning.

As expected, the TU shows property market continues to experience problems.

The risk is to the downside.

[ymaheru] 12/3/2024 18:44

The update seems to reflect the market I’m looking at very accurately.

It didn’t seem rubbish to me and hasn’t trashed the share price, so almost all investors appear to agree.

However, the update and this director see better ahead medium and long term. Makes a good case to buy now or over the next few months.

[kreature] 12/3/2024 18:17

Almost looks like an inadvertent desperate attempt to manipulate a falling share price with that buy.

[time 2 retire] 12/3/2024 17:49

So a rubbish update released, share price crashes and director buys in cheap!
I expect better news to be drip fed throughout this year aka last year and the share price to gradually rise.
By painting a very bleak outlook any better news will be greatly accepted by the market.

[kanwar] 12/3/2024 17:32

Not as big a Fall as I expected, thank goodness.

[stevensupertrader] 12/3/2024 12:55

Goodness - nowadays all titke deeds are on line - no more paper title deeds !!!! 😊

[kreature] 12/3/2024 12:35

Cupra Kid12 Mar '24 - 12:24 - 5397 of 5398
0 0 0
Let’s all sell our shares because you’ve highlighted one issue with one house. Dear oh dear.

———;-

Looks like it’s at probably least 80% of UK new build estates infected with fleecehold deeds according to MPs. Best place for fleeceholds is UK I guess where most buyers prob won’t even look at the deeds ?

[nemesis6] 12/3/2024 12:31

I didnt say that!1 i work for a netwrok and i havent heard one single good story about them....if you think that pr 1k was worth 100 mill bonus then ???

[cupra kid] 12/3/2024 12:24

Let's all sell our shares because you've highlighted one issue with one house. Dear oh dear.