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PSN Persimmon Plc

1,234.50
-4.50 (-0.36%)
Last Updated: 09:39:54
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Persimmon Plc LSE:PSN London Ordinary Share GB0006825383 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  -4.50 -0.36% 1,234.50 57,770 09:39:54
Bid Price Offer Price High Price Low Price Open Price
1,234.00 1,235.00 1,264.50 1,231.50 1,243.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gen Contr-single-family Home 2.77B 255.4M 0.7984 15.51 3.96B
Last Trade Time Trade Type Trade Size Trade Price Currency
09:39:54 O 289 1,235.00 GBX

Persimmon (PSN) Latest News

Persimmon (PSN) Discussions and Chat

Persimmon Forums and Chat

Date Time Title Posts
20/11/202416:35PERSIMMON PLC - THE CHARTS5,814
02/11/202413:01Budget -
30/9/202420:54NEED 'No share trade day' to shame exchanges-
11/9/202405:04Neighbours INFORMED psychopathic Јabusers NEAR2
24/6/202407:00Have to agree with Paul Weller2

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Persimmon (PSN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:39:551,235.002893,569.15O
09:39:481,234.074105,059.69O
09:39:051,233.932362,912.07O
09:38:401,234.5033407.39AT
09:38:401,234.501001,234.50AT

Persimmon (PSN) Top Chat Posts

Top Posts
Posted at 12/11/2024 15:12 by sikhthetech
The HBs share price continue to fall, as expected. I hope nobody was tempted in to buy by Becky and Jugears.




View from expert - company which actually works within the housing market!!


As expected, the long term effects on house price growth due to interest rates staying higher for longer and the huge tax rises in the budget. Labour is in power for 4+ years!!. As I and others have said, The budget was bad for HBs.



Leading UK estate agent cuts its longer-term house price growth forecast
Hamptons says ‘modest’ rises can be expected amid ‘dampening effect’ of higher interest rates overall


Expectations that UK interest rates may stay higher for longer, as well as revenue-raising measures in the budget, have prompted a leading estate agent to cut its forecast for house price growth over the longer term.

The revised forecast from Hamptons came days after Halifax and Nationwide banks said the annual rate of property price growth had slowed, with the former saying it was likely to be “modest … for the rest of this year and into next”.


However, it has downgraded its forecast for 2026 from 5% to 3.5%, which it said “reflects the dampening effect of higher interest rates alongside a fairly lacklustre and higher tax economy, which, while set to improve, remains weak on a historical basis”.

Beyond that, Hamptons said that “the new era of interest rates, likely to remain above 3%,” was expected to temper house price growth.

“The combined effect of persistently higher interest rates and sluggish economic growth is likely to dampen long-term house price performance compared to previous cycles,” said Aneisha Beveridge, the head of research at the estate agent.
Posted at 06/11/2024 15:08 by stevensupertrader
PSN Q3 mentioned about cost inflation creeping in . With Trump winning the US President , inflation will shoot up as such share price is tanking down badly today .
Avoid
Posted at 06/11/2024 11:13 by jugears
sickly, you keep mentioning affordability but sales are increasing & house prices are expected to rise 25% over the next 5 years in the east midlands alone, Every single company will be affected by additional costs due to the budget which I am sure will be past on to the consumer Even TLY will be badly effected, IMEO one more cut in rates will propel sales hence why I have added more PSN & TW today for my long term fund both very undervalued IMEO, I have said before that many people took on h2b that didn't actually need it, considering current interest rates I think the housing market has held up exceptionally well with out any incentives! now you've mention continuously since 2019 house prices falling 30-40% peak to trough, When exactly is this going to happen?
Where are sales down?? they are building nearly 700 more this year than last?
Posted at 31/10/2024 10:43 by jaf1948
Share price drops, sikhthetech posts.

You could almost set your clock by it.
Posted at 07/10/2024 14:32 by beckers2008
From inews...

UK house prices are rising at their fastest pace in nearly two years, mortgage lender Halifax said, fuelled by lower interest rates as buyers returned to the market “in droves”.

The average amount paid by first-time buyers rose 4.2 per cent over the past year- an extra £9,409 in cash terms. A typical first-time buyer property price is now £232,769, the highest since May this year.

Halifax say this is around £1,000 less than the average amount paid by a first-time buyer two years ago (£233,760), a drop of 0.4 per cent. Typical house prices rose 4.7 per cent in September, the strongest rate since November 2022. The average house price was £293,399, close to a record high of £293,507 set in June 2022.

Sikhthetech,
Tell me, when is your six each and every year house price crash going to happen, lol, just lol!
Posted at 06/10/2024 18:26 by ymaheru
@kreature, you know the policy might be £30k grants to get the upgrade work done?

If it is, then more landlords will hold old stock; if not, PSN gets a boost as more landlords buy new (like the US corps have been doing in recent years).

So, there’s a boost from EPC measures likely for builders, but if government don’t provide grants for existing housing stock upgrades, the boost for PSN will be even bigger.
Posted at 28/8/2024 11:25 by sikhthetech
As expected, buyers market.... 20% of sellers reduced their asking prices by 5% or more in August.
If there was huge demand then prices wouldn't have to be lowered. There would be widespread gazumping.


"The supply of homes for sale currently stands at a seven-year high. Zoopla said it expected greater choice for buyers would help keep house price inflation in check over the rest of 2024 and into 2025."

The property platform warned that record levels of supply meant sellers needed to be careful when it came to pricing as homes that need a cut in asking price take more than twice as long to sell than those without a price reduction. One in five sellers lowered their asking price by 5% or more in August.

Richard Donnell, executive director at Zoopla, said: “Momentum in the sales market continues to build as mortgage rates drift lower and more and more sellers gain the confidence to list their home for sale."

"Buyers have less purchasing power than two to three years ago and remain price sensitive meaning sellers can’t afford to get ahead of themselves on where to set the right price for their home."
Posted at 07/5/2024 15:03 by sikhthetech
Cupra,

"The share price is still very very cheap Added"

You were saying they were cheap and adding when the share price was over 2000p 2 years ago!!! Whilst I was posting about the housing market/HB challenges. My stated PSN target price of 1300p-1500p.

The company/sector newsflow has been as expected

Those who shorted and then traded would have done better than those who simply added all the way down.


Cupra Kid22 Jun '22 - 13:03 - 2784 of 5507
Cheaper than chips at the mo. Medium/long term got to be a winner.
Posted at 10/1/2024 15:04 by sikhthetech
t-trader,

BBs are better when there's info which readers could find useful for everyone to make an informed decision.

I posted my opinions based on my research and experience. The housing market and HBs newsflow has been as expected, inc PSN share price
Unless you think the BoE increased interest rates after reading my post. Honest guv. ;-)



I backed my assertion, shorted HBs and then have been trading.


TLY announced a £13m one year contract extension, 30% uplift on the current one.
Mcap £10m

I see significant upside in TLY.


Prove me wrong, back your assertion, load up here at 1450p, don't sell a single share and hold for 2 years. Let's see which performs better.
Posted at 20/12/2023 16:16 by cupra kid
Sikh will always pick up on anything remotely negative. I note he hasn't mentioned anything about wages being at record highs or maybe energy bills, from April, set to be at their lowest levels for two years. We can all post things to suit a narrative but if you do your own research you'll know that the PSN share price is stillvery much undervalued.
Persimmon share price data is direct from the London Stock Exchange

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