Persimmon Share Discussion Threads

[baxter99] 15/8/2013 18:01

i have 13 stocks - 2 are up, 1 same and 10 down... but i am still well in profit overall

[marksp2011] 15/8/2013 17:32

Baxter

Interest rates up
House sales down

panic sets in and everyone is expecting a market correction so why catch a falling knife. I have 42 stocks in my portfolio. every single one of them is down today. Value/Defensive/Cyclical/UK/US everything................ my guess is we will lose 500 points over the next 2-3 weeks and then it will start to climb again

2.5% increase in supermarket sales last month and tesco drops 2%. The market was going down today

[baxter99] 15/8/2013 15:47

PSN often falls 3% in a day - but really... this is overdoing it

[ramda] 15/8/2013 15:37

blood bath

[kito691] 15/8/2013 13:30

To be fair to persimmon the whole sector is down Barratts down 7 % as I type this , the sector has had a real bull run in the last year so profit taking to be expected , totally agree with your post re dividend and was a reason I sold after collecting my 75p per share Fantastic company though and a solid investment long term

[mike24] 15/8/2013 13:15

a slight recovery in share price during last hr,
but will ftse close below 6510 level
who is willing to buy against this type of chart fall
even with the increase in profits over 2012
this sector could be hit the hardest, having had such a good run,
I would'nt be tempted long at a tenner

[charlotteandcressida] 15/8/2013 11:55

problem here is that only a 10p dividend is scheduled for 2014, under the capital return programme the next large dividend of 95p is due to pay out in June 2015 which is a long time to wait for any decent yield. Therefore any value in holding is only to be gained by capital appreciation in the interim but the share is looking very fully valued at the moment hence the recent drop. The share price usually bounces back to some degree but the range of 1100 to 1150 is fair value...

[ramda] 15/8/2013 09:11

any idea whats happening ?? been down 3 days on the trot looked every where but no answers

[cockneyrebel] 02/7/2013 10:44

0942 GMT [Dow Jones] Persimmon (PSN.LN) shares turn negative, down 1.5% to 1221p, despite having hit a session high of 1266p following the release of its 1H trading update. Liberum Capital says while the 1H trading update is strong, the valuation of Persimmon's shares looks stretched. "We think the statement has a positive read across for the rest of the sector, and highlight more value and upside in Barratt Development [BDEV.LN]," it adds. Says Barratt's trading update on Jul. 10 should be as strong, adding Barratt shares trade at a discount to the sector and have lagged the peer group since the mid-May's pull back. Rates Persimmon and Barratt at hold. Barratt is down 2.3% at 320p. ([e-mail]; Twitter: @NinaBains1)

[bigbertie] 02/7/2013 09:38

Good trading statement IMHO with sales, selling prices & reservations all up. Also they have increased consented plots which should allow growth to continue.
Shares have risen strongly recently so I expect some profit taking now as the capital return programme is heavily weighted to end of the decade, but longterm holders should still find this a good investment. Just my thoughts - DYOR.

[dime] 02/7/2013 07:39

both my selftrade isa and my sippdeal pension have had persimmon divi paid in a couple of days ago if thats any help.

[geoffo1] 01/7/2013 14:02

Thanks, I'll give mine a couple of days too then.

[davesta] 01/7/2013 12:42

I use Barclays Stockbrokers and haven't had mine paid yet. I'll give them a couple of days before I have a word...

[m4ybe] 01/7/2013 08:37

Mine's been paid but the special item that pays the dividend is still listed in the portfolio.

[geoffo1] 01/7/2013 08:11

Wasn't the bonus dividend due to be paid on the 28th June, mine's not been credited yet - anyone else had theirs?

[birdsedgeuk] 31/5/2013 22:19

Ive made some money this week following traderdiary.co.ukBRW was a beauty from last weeks buy.The research is excellent and I think he has an eye for spotting a share

[bigbertie] 28/5/2013 19:07

yes, hooray and up she rises

[charlotteandcressida] 24/5/2013 08:58

With no substantial dividend payment from the capital repayment plan due until June 2015 (95p) and only a 10p dividend scheduled for 2014 the onus for returns here is placed firmly on hoped for share price capital growth through higher trading volumes and subsequent profits (aided by government initiatives). I have always been concerned that the capital repayment plan pays large dividends bi-annually as it leaves that long lull of 2 years where no income is to be derived (excepting the 10p). The announcement of the 10p dividend for 2014 was welcome and may be increased if trading conditions permit but for me there is logic from switching out of PSN for a sizeable period between payments and deriving dividend income elsewhere...

[malcolmmm] 17/5/2013 11:05

most on here thought they would recover post div, and they have. will spend the div on a holiday to Tobago

[hillbrown] 17/5/2013 09:06

My sale of 6,000 triggered at 12.25. Nice profit of nearly £37k inc the the 75p capital return. Still riding the other 50% and if they should make a slip on a bad day I may get more agin.

[soundbuy] 16/5/2013 16:05

doubleorquits - plenty of drivers in the short term re trackers

[doubleorquits] 16/5/2013 15:50

FTSE Review in June too Soundbuy.
Looks to me as though PSN gets in FTSE100 as we stand and any buying for MSCI Index should seal it.

[soundbuy] 16/5/2013 15:46

MSCI Standard Europe reshuffle

PSN and TPK may interest

days to cover (FT AV)

21 for Travis

20 for Persimmon

[festering pustule] 16/5/2013 12:32

No shortage of buyers @ 1215/16 ;-) Looks as though some brokers will need to revise their advice imminently.