Persimmon Share Discussion Threads

[carpingtris] 31/7/2024 08:07

Also factor in interest rates cuts? whenever they happen which should be earlier than a year.

[onehanded] 31/7/2024 07:59

Think I may have sold a bit early on Monday but see today the housing plan review to build more homes will take 12 months!!!! Will identify new towns and up buildings but 1 year before any new legislation and wait for review. Really!!!!

[garycook] 30/7/2024 23:16

owenski, Filtered a long time ago here and on TW thread.

[beckers2008] 30/7/2024 21:54

Sikhthetech,

Remember my statement...

BoE Base Rate at 6%?
Absolutely no chance.
Q3 2024 - BoE base rate to reduce?
Absolutely every chance.

'Beckers2008 - 12 Jul 2024 - 13:14:42 - 18420 of 18608
Nothings changed, only a week in and trouble in the Labour ranks!

Telegraph...
"Labour MP opposes new homes in her first week on the job despite party's housing plans
Sarah Coombes speaks on behalf of residents in her West Midlands seat despite party's vow to build more houses on green belt"' End

At least 30% pay cash for their properties in the UK and those remaining have less than a 95% LTV ratio.
As your always banging on about an affordability crisis, lol!
Please provide a breakdown of the figures because you seem to imply that you know every individual's debt value, lol!

Now, when is your each and every year's (for the last 6 years) house price crash gonna happen?
Lol, just lol!

[sikhthetech] 30/7/2024 19:20

Still no scheme similar to Help to Buy to help FTBs. The scheme made hundreds of millions of pounds for HB, as buyers were given upto20%(40% in London) interest free loan.

If there's significant cheap homes being built, it will impact HBs as some potential buyers, eg FTBs will move away from the higher priced new builds.


Rayner sets new housing targets in planning overhaul


"Ms Rayner admitted her plans “won’t be without controversy” but changes were required to make housing more affordable."

[sikhthetech] 29/7/2024 13:29

Carpingtris,

Their results tells you how many they build:

New home completions 2023 9,922 (2022 14,868)
etc


On the Market tells you how many developments are currently being marketed

[beckers2008] 29/7/2024 13:20

Sikhtheteck,

You have been expecting a house price crash, every year for the last 6 years, lol!
How's your investment in TLY going since buying at £3, lol, just lol!

You are not credible.

[carpingtris] 29/7/2024 12:07

Does anyone know a quick way to see how many houses PSN make/sell year by year? without having to trawl through historical RNS's.

[sikhthetech] 28/7/2024 18:25

Wed 31st July - TW H1 results
Thur 1st Aug - BoE rate setting meeting


I'm expecting TW to continue to build fewer houses compared to previous year, reservations down, cancellations up, lower cash balance, unchanged divi (given their divi policy.
The outlook will be the most interesting bit.

[cupra kid] 19/7/2024 13:57

I think we'll see 2000p within 12 months from here. Well done on taking the profit though.

[onehanded] 19/7/2024 13:36

Sold my last lot this morning on that high. Think it may retrace under £15 but all depends on august rate news. Now 65% chance of the hold. Will see as bought more Palm panther metal first thing and rest on September holiday.

[juliemara] 19/7/2024 07:52

Hope is all that's left now!

[cupra kid] 18/7/2024 11:57

Hopefully that 1500p now becomes support.

[beckers2008] 18/7/2024 09:56

o,

You got that wrong!

Average UK house prices increased by 2.2%, to £285,000 in the 12 months to May 2024 (provisional estimate), up from 1.3% (revised estimate) in the 12 months to April 2024.

Average house prices increased in England to £302,000 (2.2%), in Wales to £216,000 (2.4%), and in Scotland to £191,000 (2.5%), in the 12 months to May 2024.

Where is the village idiot Sikhthetech and it's 6 year old house price crash, mug-punter, lol, just lol!

[onehanded] 17/7/2024 06:06

Ops inflation slight higher than expected drop to 1.9%, came in 2% so no change. Think £15 may not now be broken. May well see share price drop back as interest rate not likely for next meeting. Watching ….

[cupra kid] 16/7/2024 13:26

1500p is proving a bit of tough nut to crack. Might need some bigger volume I think.

[beckers2008] 11/7/2024 08:37

Sikhthetech,

At least 30% pay cash for their properties in the UK and those remaining have less than a 95% LTV ratio.
As your always banging on about an affordability crisis, lol!
Please provide a breakdown of the figures because you seem to imply that you know every individual's debt value, lol!

Now, when is your each and every year's (for the last 6 years) house price crash gonna happen?
Lol, just lol!

[sikhthetech] 10/7/2024 10:33

As expected, affordability continuing to impact house building.

Uncertain housing market continues.... How will Labour get HBs to build more when they are already reducing the number they build due to affordability problems?



Barratt Developments sees further slow down in completions next year

"Barratt Developments, one of the UK’s largest housebuilders, reported a mixed performance for the financial year 2024, reflecting the ongoing challenges in the housing market caused by high interest rates and the cost-of-living crisis."

[cupra kid] 10/7/2024 09:41

He was one of the few that I didn't filter due to some occasional interesting counter debates. However as the share price has increased over the last couple of weeks, in turn it has brought out more desperation than normal so he's now joining the rest on the filter list. Peace and quiet at last.

[sikhthetech] 09/7/2024 20:21

I never said if investors wish to invest long term then they are wrong. Everyone has their own investment strategy.

If I see shorting opportunity before going trading or buying then I'll short before the trading/buying. Other times I may believe the price is high and would buy in if it was lower but I wouldn't short. Every share is different.


Others may prefer to buy and keep for the long term. That's their choice. It's their money.

I see an opportunity to make money going short/trading/buying then I will.

As long as I can get more (vast majority) right than wrong, I'm happy.

Feel free to say where me going short/trading has been wrong on HBs. It's well documented in that list of posts I provided.

Feel free to ignore my comments as well. If you feel PSN is a screaming buy then load up. It's your choice and your money.