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Persimmon Plc (PSMMF)

Other OTC - Other OTC Delayed price. Currency in USD
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38.40+1.63 (+4.43%)
At close: 10:46AM EST
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  • D
    DIPAK
    I think with some certainty now this will move up, good time to buy and hold for the short term
  • B
    Bojan
    The supply and demand imbalance in the UK is so great that I reckon it should continue to drive home prices skywards over the long term. The boffins over at Savills reckon the average UK property price will still rise 15.1% in the five years to 2024. And this bodes well for Persimmon and its peers.
  • Z
    ZAMB
    Persimmon offers a high 8.5% dividend yield from a strong balance sheet. With UK interest rates forecast to stay low, and the housing shortages and supply situation, the share will rise further to around £30 around the time it goes ex-dividend.
  • S
    Smart-Investor
    Wow !! Just noticed 53% institutional holding for Persimmon as well, very stable company. Stocked up on nearly 8K of this!! Build build build !! Buy Buy Buy !! Support this sector to build a stronger Britain.
  • P
    Peter
    On dec 13 2019 I sold my PSN.L holding, along w other housebuilders. I like the company. I don't like the conditions. Each CO19 death releases a potential property on the market. 10,000 people are day are running out of money to pay rent or mortgage. Morgues are overflowing with cadavers. Who is going to buy a new home when we are facing the worst recession since Wall street 1929? PSN.L will probably survive 2020 by slashing costs and sitting on cash. But the risks facing PSN are high in April, and could get higher as we approach summer. Watch the pandemic, the stock market, estate agent reports, don't rush in, be patient, there could be second wave of deaths. These are tough times, renters will stop paying rent after being furloughed, thousands of properties will be vacant after their owners have died. 2,000,000 new unemployed! Watch. Wait. The economy could bounce back in September. Don't count on it. We are facing possible meltdown. Read what happened in NY during 1929. Read about Bubonic plague. And only trickle your money into the market in the autumn of 2020.
  • P
    Peter
    I am watching PSN.L -- waiting to buy back in, but what is the use of building homes when people can't afford to buy? 500,000 have already lost their jobs. Another 500,000 at risk when furlough ends .
    Buy-to-let is risky now, since tenants must get 6 months notice. If house prices rise more, fewer sales will cause PSN to slow its rate of building and that will reduce profits.
  • P
    Peter
    PSN.L has recovered much of its losses during the last month. Will the housing market recover so quickly??
  • S
    Smart-Investor
    Persimmon is at a great low point now.. It's a strong builder with many construction projects on the go. Pretty soon the housing market will spike like anything.. So stock up now before you miss the chance.. Very STRONG stock and a great BUY right now!! You can get in on this too.. Just be a bit brave..
  • P
    Peter
    PSN failed to rise above 50day MA and 200day MA today, Apr 27. The bounce from its lows of recent weeks is running out of steam. I sold out of PSN on dec 19. I'd buy back when the price is a bit lower.
  • C
    Chris
    Hasn't weakened at all since the December surge. Seems to be reflecting its true underlying value.
  • P
    Peter
    I sold out on fri 13 dec during the euphoria. When the daily grind of the trade deal with the EU returns, the stock will weaken.
  • Y
    Yahoo Finance Insights
    PSN.L is up 5.12% to $2219.00
  • T
    TraderDon
    Anybody here
  • T
    The
    anyone know what the earnings report in 2 days will look like?
  • J
    John
    undervalued stock, will be going only up from there
  • Y
    Yahoo Finance Insights
    PSN.L is up 5.04% to $2312.00
  • J
    John
    got dividends on the 13th August, nice