Persimmon Share Discussion Threads

[tialouise] 23/5/2023 13:38

Does anyone know when the next divi will be ? Tia

[beckers2008] 22/5/2023 11:34

'Sikhthetech'

Never the less...

Your track record is embarrassing, your lost over 30% on a single day in your beloved 'Totally'.

Will you ever be correct in your forecasting of a house price crash, 40% peak to trough, lol, just lol!

[sikhthetech] 22/5/2023 10:51

Beckers,

I see PSN have been for several months within the range I mentioned a year ago...all based on company/sector newsflow...all as expected.

I also see TLY are up 50% over the past few weeks, as they are oversold. They continue to gain contracts, new and extensions.
Again, as expected.

;-)

sikhthetech - 06 May 2022 - 15:12:35 - 2691 of 3259
There you go, HBs share price still falling..

I'm looking nearer to 1300-1500p as previously mentioned based on my comments...

[beckers2008] 20/5/2023 10:42

'Sikhthetech'

Your track record is embarrassing, your lost over 30% on a single day in your beloved 'Totally'.

Will you ever be correct in your forecasting of a house price crash, 40% peak to trough, lol, just lol!

[sikhthetech] 19/5/2023 12:23

Inflation needs to be stable around the 2%mark.

Inflation around 5-6% would still be too high. It'll mean prices are still increasing at that rate.

Deflation or a volatile inflation environment is not good.

[porsche1945] 19/5/2023 09:44

Arch-Brexiteer Nigel Farage has admitted that leaving the EU has “failed” as he sought to blame the government for what he described as its inability to take advantage of being outside the trading bloc.

The former Brexit and UKIP Party leader, who refused to rule out a political comeback, said the UK had not “benefitted from Brexit economically”, claiming that government policy had deterred businesses from investing in the UK.

That’s now across the media…well he did promise to leave the U.K. if it failed…so..bye bye Nigel. What a bunch of fkn 🤡🤡🤡

[adamb1978] 18/5/2023 14:47

Onehanded

Thats right. If you look at the month on month inflation figures from 2022, we'll lap a large increase in the next inflation reading so that month blip upwards in 2022 falls away. It'll then trend down gradually over the summer and there's another chunky fall in the autumn. I think we'll undershoot the BoE target by year end.

Adam

[onehanded] 18/5/2023 14:32

Saw a report today that next inflation figures will see at least 1.5% - 2.5% fall in inflation. Would see this spike to around £15.20p level to test for a breakout level.

[adamb1978] 17/5/2023 11:00

Inflation will come off sharply from here.

The press misses it out, whether deliberately or accidentally, but if you look at the month-on-month inflation figures they're low and have been for the last few months.

The next yoy inflation figures next week will show a sharp drop as there was a sharp jump in the equivalent energy figures last Spring.

Sentiment should therefore improve quickly from here and inflation will increasingly become yesterday's problem

[fuji99] 17/5/2023 10:52

The problem is not the "strength" of the economy but the level of inflation making life very difficult for households and any prospective buyer.

[adamb1978] 11/5/2023 12:59

Will be interesting to see whether analysts upgrade their forecasts in coming weeks.

The UK economy is undoubtedly strong than many people expected earlier this year, which should feed through to house prices and house sales.

[porsche1945] 11/5/2023 12:56

Love it, rates up again, getting 5.05pc interest on U.K. 32 day notice and actually got 6pc yield in latest auction on 1.2m in usd cash on US 4 week T bills, 72k a year in interest, NICE. keep ramping those rates up please central banks. As for U.K. builders, toast, this will be back at a fiver by the time this U.K. recession has washed through, credit junkie population and house prices over-valued by 30pc plus, toxic like 08/14 period. 7 year cycle just getting started. Plus of course the endless brexit nightmare that continues to drive away most foreign investment, unfortunately what happens when you let the great unwashed vote on anything important. Enjoy.

[uu4] 08/5/2023 06:53

The era of both Tony and David has been a deliberate fraud against the tax payer and YOUR GOVERNMENTs ability to build the correct energy infrastructure to keep us safe and our economy functioning.
The above era stole £trillions of tax payer funds to rescue the asset values of tax Avoiding landlords ONLY. To rescue the assets of the very people who put them in power and found them plucked from private education.
The era was a deliberate plan to enrich themselves and weaken the state critically.
Having stolen the £ trillions they pay next to nothing back. No discussion I am aware of exists that this is illegal according to taxation principles. Why???
After the rescue of property asset prices the directors in this sector rushed to write themselves crooked bonus schemes based on share price recovery.OF course SHare price was going to recover but awarding oneself a bonus on this and being aware what was being forgone and the hardship caused by the raising of the extra austerity taxes on those unconnected with sector, those trying to do better things, those who have no property assets, was criminally illegal at best. It also belies the notion that company directors are able to make moral judgement or are suitable to give references, character judgements or affirmations.
The whole reason that the actions of JF and DJ etc at this company and the actions of others are not being dealt with and discussed is because it would draw attention and understanding by the public tax payer to this eras fundamental corruption and cynical non contribution .
Long live the tax avoiding landlords!
They can't build anything because they are not capable. To hide this and boost their egos they must nobble collectively anyone who can and subvert religions and nationalism to their cause.
Yuk Yuk what a bunch of creels

[adamb1978] 05/5/2023 11:40

Nice fat dividend just dropped in (account with AJ Bell)

[mike24] 03/5/2023 09:14

nationwide, house prices in suprise rise of 0.5% in april
after seven months of consecutive falls
in Cornwall there are 70 applicants for each rental property that comes on the market
as thousands more props go into the 7 fig bracket,
crippling first time buyers, long term damage being done

lender ( santander ) DEFERRED loans by up 30% in 1990
giving buyers breathing space, recovery started in 1994

estimated by the present heavy weights playing the cycle,
recovery will take 5yrs,
dyor

[yaesu] 02/5/2023 13:18

Ex-div was 13th April.

[rmc100] 02/5/2023 12:48

When is ex div date

[viscount1] 02/5/2023 11:14

Smelling some burnt shorts this morning.

[bookbroker] 02/5/2023 10:33

Housebuilders sum up the cost of living crisis, it is something made up by the media, even with the increased number of mortgages avaliable, rising home prices are not affected by inflation clearly. With rising rates, demand clearly overrides any suggestion that affordability is beyond most people. House prices are far too high in this country, and then you have to furnish the property give or take freebies by the developers.

[beckers2008] 02/5/2023 10:22

FTSE 100 Rises as HSBC, Builders Gain; BP Falls

0800 GMT - The FTSE 100 rises 0.2%, or 13 points to 7884 as gains for HSBC and construction stocks outpace losses for oil and mining stocks. HSBC advances 4% after first-quarter profit topped expectations. House-builders Persimmon, Taylor Wimpey, Barratt Developments and Berkeley Group Holdings are also among the biggest risers after upbeat industry data. "The Nationwide U.K. house-price index saw the market rebound 0.5% in April month-on-month, snapping a seven-month streak of falling house prices," Interactive Investor's head of investment Victoria Scholar writes. Meanwhile, BP falls 5% and Shell also loses ground after BP reported better-than-expected 1Q profit, though the oil major slowed its share buyback run rate, RBC Capital Markets says. ([e-mail])

[adamb1978] 02/5/2023 08:38

Very nice bounce. Without wanting to speak too soon, the doom and gloom always felt overdone

[mike24] 02/5/2023 08:15

negative equity looks a long way off
house prices holding up well, as those with freehold and NO type of management clauses
dyor

[adamb1978] 29/4/2023 20:55

I agree karv1. This is a cyclical company and will get back to those sort of levels within a handful of years. I dont see much downside in PSN at these levels.

The narrative will always be negative after this sort of share price fall, however that provides opportunity

[karv1] 29/4/2023 10:37

Anywhere between 1 to 5 years, you could double your money if not more in PSN stock, as I said people once thought the share price was worth 3000+ 2500+ 2000+ 1500+ not long ago in the same time frame in the future we could be back to those numbers. The UK plc has not changed, the company has not changed, same housing shortage with a growing population.