Persimmon Share Discussion Threads

[jonwig] 19/12/2012 08:25

Citywire article:



... which misses the main point, I think, and I'd play down prospects for 'gearing up'.

[fozzie] 18/12/2012 12:22

Great upgrade, lets see if we can get past and hold above 800p area, we've had a few goes and cant quite manage it.

[cockneyrebel] 17/12/2012 10:47

Cheer Kito

CR

[kito691] 17/12/2012 10:42

Nice upgradePersimmon Plc : Credit Suisse raises target price to 949p from 877p

[cockneyrebel] 14/12/2012 12:25

Through £8 C&A :-)

RICS say house prices will rise next year, boosting the mkt.

Punters getting in ahead of the spring buying period imo.

CR

[charlotteandcressida] 14/12/2012 08:56

Are we going to breach the 800p level today?

No sooner said than done...

[charlotteandcressida] 08/12/2012 08:30

CR - not being a chartist myself please explain what you mean by saying the chart is getting horny again? Innuendo excluded of course...

[cockneyrebel] 07/12/2012 11:28

Chart getting horny again imo

CR

[cockneyrebel] 03/12/2012 16:08

Osborne gonna excite the builders on Weds with mortgage loan news?

CR

[cockneyrebel] 02/12/2012 13:18

Cheers, I know I heard that somewhere but took it with a pinch of salt as you have to but I agree fundamentally the ywill have the capacity to pay back even more in anything like a growing mkt imo.

I don't think any co would commit to doing what they are doing if it was tight on their resources and become a hostage to fortune imo.

CR

[jonwig] 02/12/2012 12:47

CR, it's in post #634.

They reckoned that the capital repayment could be stable even if the housing market makes no recovery, given that they are debt free and have a land bank which was acquired cheaply in 2008-10 (plus, of course, the recent acquisition).

Additional dividends are "quite possible".

The recent govt statement about releasing lots of rural land for development, lower mortgage rates on offer and pent-up demand for housing suggests there's still lots to go for in the sector.

[cockneyrebel] 02/12/2012 12:19

that's interesting jonwig. I had heard that touted but thought it was just speculation.

CR

[jonwig] 02/12/2012 12:09

The FD told me at the AGM that payment of additional dividends was quite possible - the stated capital return was a baseline.

[cockneyrebel] 02/12/2012 11:00

No I don't think so, I think the capital return is the the plan, tho I do think with a modest housing recovery their cash position could be a lot better than the market is factoring in imo.

Thanks for the link.

CR

[charlotteandcressida] 02/12/2012 10:26

CR - do you happen to know if the company intend to pay dividends over and above and additional to the Capital return programme?

[cockneyrebel] 30/11/2012 12:13

UBS out with a buy today - raise target from 820p to 880p

CR

[cockneyrebel] 29/11/2012 19:43

A nice rally today.

Had become resigned to thinking the building sector might tread water through this time of year but the mortgage numbers and HSBC upgrade has set the sector alight.

CR

[charlotteandcressida] 29/11/2012 16:47

Cheers CR - nice one, onwards to 957 + the dividends along the way...

[cockneyrebel] 29/11/2012 12:24

Target raised from 755p to 957p - nice ah? :-)

CR

[charlotteandcressida] 29/11/2012 09:05

CR - what price target are HSBC quoting?

[cockneyrebel] 29/11/2012 08:54

Raised to overweight by HSBC - whole sector on fire.

:-)

CR

[hillbrown] 29/11/2012 08:52

How lucky can you get? Very in my case today.

I bought a decent sized cfd at 7.59 with a 7.77 profit lock in and it was just languishing. Switched on this morning and found it had disappeared from the screen and found it in the profit and loss account having been automatically sold at best of 8.18!! Just as well I didnt have a 'guaranteed' price on it.

Anyone any idea whats happending?

[cockneyrebel] 23/11/2012 18:01

Off a tad today but still heading in the right direction imo, just a tad slower than it was.

Still feel good about the builders - just a weaker period in general for builders late in the year seasonally.

Retailers seem to be the hotties in the lead up to xmas this year imo.

General builder news still good tho, imo.



CR