Persimmon Share Discussion Threads

[cupra kid] 09/7/2024 20:05

Again, you can apply this to any company on the stock exchange. If you choose to trade that way, happy days. If others choose to invest in a company for a longer period doesn't make it wrong. I think you like to think you're correct all of the time which quite clearly you're not. It'll go along way to say sometimes "yeah I accept I got that one wrong".

[sikhthetech] 09/7/2024 19:44

Cupra,


The newsflow has been as expected.

Look at the point I said 'best to trade'

First shorted when share price was over 2000p..
then 'best to trade'...whilst maintaining a 1300-1500p range....whilst many others have been saying buy.

Check the share price during the past couple of years.

The share price hasn't surged beyond 1500p has it?





I did the same at other shares like Trmr... which I repeatedly claimed was in an adtech bubble, hyped. Brokers were positive with $30 target prices. I sold at 844p. I traded, whilst maintaining a negative stance. The share price hasn't reached the 844p in 3 years since I sold.



It's easy to trade hyped shares.

[cupra kid] 09/7/2024 18:46

Best to trade - a statement you can apply to literally every company on the stock market and certainly not isolated to PSN. Keep trying.

[beckers2008] 09/7/2024 16:17

Seems I was correct, nothings changed there...

""Beckers2008 - 16 Nov 2023 - 09:49:29 - 4929 of 5592
k, sT, U, Sikhthetech,et al,

In case you missed it, the normal idiotic posts from mug-punter 'Sikhthetech' lol!

"UK house prices suffer first annual fall since 2012"

The village idiot is going to print, to prove it's self a village idiot, yet again lol!

So not since 2018, lol!
Only 5 plus years wrong, lol, just lol!

BoE Base rate at 6%?
Absolutely no chance."" END

So, are BoE Base rates gonna hit 6%?
Come on trolls answer the question?

[sikhthetech] 09/7/2024 15:13

The share price movements here have been moving, exactly as predicted.

Best to trade.



sikhthetech - 19 Jun 2024 - 14:46:59 - 5586 of 5615 PERSIMMON PLC - THE CHARTS
Cupra/time 2 retire,

My current assertion has been 'best to trade'.


sikhthetech - 11 Jun 2024 - 13:35:13 - 5575 of 5586
Time 2 retire,

The company/sector newsflow has ALREADY been as predicted, hasn't it????.

The prediction was also that the BoE won't start to reduce interest rates until summer... My calendar says it's June!!!



Best to trade

[cupra kid] 09/7/2024 14:59

The double top at 1500p proved correct. Give some back to have another go in the near future. Fingers crossed

[onehanded] 09/7/2024 08:20

Sold half this early morning to lock in profit, can’t see it over £15 yet as will take at least 6 months get any government housing policy in any kind of law. BUT august likely interest rate cut will be of interest. Money for summer holiday. lol

[beckers2008] 08/7/2024 17:05

Sikhthetech,

What an idiot you are, compulsory purchase of land in leafy constituents in Southern England that are now sitting Labour MP's...
NIMBY New Labour MP's.

Tell me, when is your long awaited (over 5 years) 40% peak to trough house price crash going to happen?
2018, 2019, 2020, 2021, 2022, 2023, 2024, all a No for all those years, lol!

Your a clueless mug-punter with Zero Credibility, lol, just lol!

[sikhthetech] 08/7/2024 16:13

To back up my point about oversupply, future subdued house prices...compulsory purchase of land, social housing.....


More homes could STOP house price growth
The balance between supply and demand is another important factor in the health of the housing market.

If Labour really does build 1.5million homes in the next five years, that could result in an extra 65,000 homes coming on to the market each year than in 2023 when 235,000 homes were built, according to Government data.

More houses being available could also keep prices lower.

Just over a month ago, Zoopla reported the number of homes on the market has reached the highest level in eight years. It said the choice available to home buyers was helping to keep house prices in check, and that they had fallen by 0.1 per cent in the 12 months to April.

Too little supply means real house prices are five times higher today than they were 50 years ago, according to analysis by Capital Economics - whereas in the rest of Europe they are less than three times higher.

Andrew Wishart, a senior economist at Capital Economics argues that if Labour succeeds with its housebuilding targets, this could keep a lid on house prices.

'In the long run, we think a Labour Government will mean that house prices rise less quickly than we have become accustomed to,' said Wishart.

'Over the past 50 years, UK house prices have risen much more quickly than those in the rest of Europe because of insufficient supply.

'Labour is more likely to be able to meet the 300,000 new home target than the current government because it won't face as much opposition to making planning rules more favourable to development from its own MPs.

'Partly that is because it has a large majority, and partly that is because its voters are less likely to be homeowners than the Conservatives'.

'Moreover, the party's plan to reform compulsory purchase laws means it could require land a little more cheaply, which would help it to deliver more social houses and raise the speed at which the private sector builds homes.'

Wishart is also expecting Labour to continue to target buy-to-let landlords making property less attractive from an investing perspective, removing potential buyers from the market.

He adds: 'It is likely to make buy-to-let investment less attractive, reducing the demand from investors.

[beckers2008] 05/7/2024 11:37

Seems I was correct, nothings changed there...

""Beckers2008 - 16 Nov 2023 - 09:49:29 - 4929 of 5592
k, sT, U, Sikhthetech,et al,

In case you missed it, the normal idiotic posts from mug-punter 'Sikhthetech' lol!

"UK house prices suffer first annual fall since 2012"

The village idiot is going to print, to prove it's self a village idiot, yet again lol!

So not since 2018, lol!
Only 5 plus years wrong, lol, just lol!

BoE Base rate at 6%?
Absolutely no chance."" END

So, are BoE Base rates gonna hit 6%?
Come on trolls answer the question?

[sikhthetech] 05/7/2024 10:45

The Tories also wanted to build more homes. Yet it was HBs who reduced the number of builds due to lack of demand because of affordability. If demand was there, why didn't HBs build more?

Labour want to build significantly more than the Tories did. HBs will have to build more or the govn will have to take drastic action, eg a state owned HB company. a windfall tax on current HBs would help set one up.

Pointless building significantly more homes without addressing affordability and the rental market. Affordability by lower house prices or significant help for potential homebuyers, maybe interest free loan for FTBs (like H2B).

If you increase supply without demand then what happens to prices????

Those hundreds of thousands coming off 2-5yr rates facing huge mortgage interest hikes
also need addressing.

[beckers2008] 05/7/2024 10:44

K,

Your shorts are burning, lol!
Where's the mug-punter DvD?
Has it seen Crst lately, lol, just lol!

[onehanded] 05/7/2024 09:39

Think £15 may be a tough to break. We will see …

[pinemartin9] 05/7/2024 09:00

3rd time lucky for 1500?

[kreature] 04/7/2024 18:46

Oh, this on Trustpilot, I’ve seen better reviews tbf….

‘ Buy a cardboard box it's built better
Lived in a house for 5 years.
Not built to last.
Scape goated any repairs at every opportunity after booking them in before COVID.
Locked into terrible internet provider.
Everything is falling apart and required me to replace or fix it.
Light switches are put the wrong way around.
Apparently the builders have know knowledge of what a right angle is.
Architect who designed the house is obviously blind and has no idea what people are looking for
Finally decided to sell
Date of experience: 02 July 2024’

[onehanded] 03/7/2024 15:21

Hold at the moment

[beckers2008] 03/7/2024 09:30

Seems I was correct, nothings changed there...

""Beckers2008 - 16 Nov 2023 - 09:49:29 - 4929 of 5592
k, sT, U, Sikhthetech,et al,

In case you missed it, the normal idiotic posts from mug-punter 'Sikhthetech' lol!

"UK house prices suffer first annual fall since 2012"

The village idiot is going to print, to prove it's self a village idiot, yet again lol!

So not since 2018, lol!
Only 5 plus years wrong, lol, just lol!

BoE Base rate at 6%?
Absolutely no chance."" END

So, are BoE Base rates gonna hit 6%?
Come on trolls answer the question?

[beckers2008] 02/7/2024 15:28

O,

Labour are full of hot air, they will not achieve anything, except driving investment out of the UK.

[kreature] 02/7/2024 14:41

A massive house building program, or a massive mortgage enslavement program ?

[onehanded] 02/7/2024 13:46

Watching developments…

[beckers2008] 02/7/2024 12:23

And Labour are just about to make matters worse...

Labour stamp duty crackdown will make first-time buyers £7,000 worse off
Would-be homeowners take a hit as party plans to reduce threshold to £300,000.

Still at least Dire Kier can put his feet up after 6pm on a Friday, lol, just lol!

[kreature] 29/6/2024 06:24

Worthless ? :
TrustPilot review…..
‘ Louise ———;
4 reviews
GB
Rated 1 out of 5 stars
2 days ago
Why can’t I give zero stars???
Purchased a Charles church home almost 3 years ago. Snagging still outstanding. So gave up and put house on market. Accepted offer in March. At point of exchange a clause in the management company states the house can be repossessed without notifying a mortgage company for non payment of the £300ish management fee. Remus have told us this is Persimmon and a deed of variation is needed. Getting this done is like getting blood out of a stone. Literally zero contact. Buyers have now stated they’re going to withdraw if this isn’t sorted in next 2 weeks. Well, they have been waiting since March! Persimmon are awful to deal with. Pushed from pillar to post. No one knows anything. This needs sorting! Not happy!
Date of experience: 26 June 2024 ‘’

[beckers2008] 29/6/2024 00:03

Seems I was correct, nothings changed there...

""Beckers2008 - 16 Nov 2023 - 09:49:29 - 4929 of 5592
k, sT, U, Sikhthetech,et al,

In case you missed it, the normal idiotic posts from mug-punter 'Sikhthetech' lol!

"UK house prices suffer first annual fall since 2012"

The village idiot is going to print, to prove it's self a village idiot, yet again lol!

So not since 2018, lol!
Only 5 plus years wrong, lol, just lol!

BoE Base rate at 6%?
Absolutely no chance."" END

So, are BoE Base rates gonna hit 6%?
Come on trolls answer the question?