PSN

Persimmon Plc

1,221.00
-5.00 (-0.41%)
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
  -5.00 -0.41% 1,221.00 578,086 15:34:14
Bid Price Offer Price High Price Low Price Open Price
1,220.50 1,221.50 1,236.50 1,213.00 1,224.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Const & Building Matls Div'e 3,815.80 561.00 175.70 6.93 3,899.84
Last Trade Time Trade Type Trade Size Trade Price Currency
15:34:14 AT 153 1,221.00 GBX

Persimmon (PSN) Latest News

Persimmon (PSN) Discussions and Chat

Persimmon Forums and Chat

Date Time Title Posts
26/5/202308:13PERSIMMON PLC - THE CHARTS4,374
04/5/202319:07PSN1,191
09/3/202306:24Merry taxavoidereth tide4
06/9/202206:02current market3
10/10/202008:59Persimmon UP UP UP14

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Persimmon (PSN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
14:34:141,221.001531,868.13AT
14:34:001,221.50897.72O
14:33:571,220.6277939.88O
14:33:571,221.2076928.11O
14:33:461,221.0020244.20AT

Persimmon (PSN) Top Chat Posts

Top Posts
Posted at 13/3/2023 12:15 by sikhthetech
It'll be months before the full impact of SVB going under, the firesale of assets etc is known.

Budget this week.
BoE interest rate meeting next week.


Makings of GFC mk2



sikhthetech - 01 Mar 2023 - 19:53:38 - 4124 of 4240 PERSIMMON PLC - THE CHARTS
This is what happened to PSN/TW share price during the GFC 15yrs ago.

If the housing market follows similar pattern then expect the HB share price to drop again.

The share price shown here are just a guide showing how HB share price don't just fall the once.

Budget in 2 weeks and BoE interest rate decision week after.
Help to Buy ending is the long term concern.

From 2007 to 2008 - GFC

Psn
05/07 1400p
05/08 600p
12/08 200p

TW
05/07 500p
05/08 125p
12/08 8p

Posted at 01/3/2023 19:53 by sikhthetech
This is what happened to PSN/TW share price during the GFC 15yrs ago.

If the housing market follows similar pattern then expect the HB share price to drop again.

The share price shown here are just a guide showing how HB share price don't just fall the once.

Budget in 2 weeks and BoE interest rate decision week after.

Help to Buy ending is the long term concern.


From 2007 to 2008 - GFC

Psn
05/07 1400p
05/08 600p
12/08 200p

TW
05/07 500p
05/08 125p
12/08 8p

Posted at 28/2/2023 15:01 by yossarian1975
Fair enough, and credit where it's due, you were calling for a share price fall last year and that's what happened. I still think the PSN share price and those of other housebuilders are oversold, even if no reduction to EPC and without H2B, and that the current environment is not like 2008 because banks are much better capitalised. We may also get a successor to H2B, as both main political parties will continue to support higher house prices as generally speaking most voters like them, whether or not they actually benefit from them, and I don't think a Keir Starmer led labour government will take away the punch bowl.
Posted at 01/2/2023 20:38 by beckers2008
s,

A busy BB is sometimes a red flag to II's, but as 'Sikhthetech' is endlessly copying and pasting BS, it is getting laughed at.

PSN share price is recovering and forming a base where any reasonable sector news will provide a caterlyst.

GL.

Posted at 15/1/2023 19:49 by sikhthetech
The Help to Buy scheme closed to new applications at end of Oct, so just over 2 months ago.

The HBs will be busy trying to complete those asap and any other homes so to complete before buyers/lenders change their minds.

PSN have said around 20% of reservations used the Help to Buy scheme and they are trying to offer other incentives. That's a good indicator of how desperate HBs are to try and sell.

The outlook is dire.


All HBs share price move in sync.

Don't take my word for it, check the share price for yourselves.

You'll also notice that the share price rise on the day of TUs but fall a day or so later...

Look at the share price last year, rose 14th to 18th Jan 2022 when HBs announced TUs.. PSN rose to around 2600p then all HBs fell back soon after.

Posted at 12/1/2023 15:35 by sikhthetech
Don't take my word for it, check the share price for yourselves...

All HBs share price move in sync.
You'll also notice that the share price rise on the day of TUs but fall a day or so later...

Look at the share price last year, rose 14th to 18th Jan 2022 when HBs announced TUs.. PSN rose to around 2600p then all HBs fell back soon after.

Check the share price for yourselves.


Oh even then Jugears was saying all HBs are "oversold and undervalued" with PSN around 2600p!!!!!

Check his posts on TW.. lol


https://uk.advfn.com/cmn/fbb/thread.php3?id=33939864&from=5265#firstpost


Best to trade

Posted at 09/12/2022 14:14 by sikhthetech
grahamg,

"Between July 2010 and June 2013 house prices were static, the PSN share price rose by 243%."

You're looking at the wrong period. Currently house prices are falling, so the equivalent period to look at is 2007-09. Then house prices were falling to bottoming out. Have a look at the share price during that period.


"Equating share price performance to house prices is far too simplistic."

Yes, agree. My opinion was not to buy HBs. At that time house prices were still rising. PSN share price has fallen around 1/2 since my posts.



I believe there are still challenges which are not factored into the price.

Posted at 08/12/2022 17:26 by grahamg8
Equating share price performance to house prices is far too simplistic. Certainly lower prices are not good news for house builders but they don't move in tandem.

Between July 2010 and June 2013 house prices were static, the PSN share price rose by 243%.

More recently the Covid market shock cut PSN by 59% during February/March 2020 when house prices went up by 1%, and continued rising until recently.

IMO the share price (down 66% since June 2021) has already reflected next years expected house price falls. I'm a buyer looking for 100+% rise in the next two years. House builders are remarkably stable businesses churning out cash flow through a full business cycle.

Posted at 23/11/2022 11:14 by fuji99
IMO there are two negative factors that will affect PSN share price next year: 1/ The withdrawal of the dividend will move institutions away from it and 2/ Recession coupled with higher mortgage interest rates will slowdown this sector as unemployment starts to rise. If companies are pushed to raise salaries to inflation levels, they have to reduce head counts by laying off workers to afford paying for it. So high interests rates coupled with higher unemployment are not positive for the housing sector. This is without adding any negative outcome by escalation from the Ukraine/Russia war which could trigger an additional global malaise for markets. Retail and housing will suffer for a while and there is no ground for shares to rise in these two sectors in particular until at least the BoE and FED STOP raising rates in anticipation of recovery. UK is also predicted to have a "negative growth" next year and looks more vulnerable than other advanced economies.
Posted at 25/10/2022 14:42 by beckers2008
On 6 October 2022 Roger Devlin, Chairman, purchased 20,000 shares in the Company at a price of GBP12.64 per share.
PSN have recovered to that price.

30 & 10 year gilt yields continuing their fall, they are now lower then before the mini budget, BOE base rate expectations being reined in. New mortgage deals coming to market at lower rates.

Could the PSN share price be at or near the bottom.

Persimmon share price data is direct from the London Stock Exchange
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