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Persimmon PLC (PSMMF)

OTC Markets
Symbol
Exchange
Currency
PSNLondonGBP
PSNlBATS EuropeGBP
PSMMYOTC MarketsUSD
PSMMFOTC MarketsUSD
Currency in USD
Disclaimer
15.000
0.000(0.00%)
Delayed Data

PSMMF Price Commentary

Could fall hard in the coming year. Probable actually. Dwindling incomes, savings, falling house prices. We need an oil price correction to stagnate inflation, but as things stand, we possibly face higher interest rates etc. Very difficult situation. US oil barons seem to be holding the entire economy and world to ransome.
Hi, here is something I thought you might find interesting: - https://uk.investing.com/news/economic-indicators/uk-housebuilding-slump-sparks-sharp-fall-in-construction-output-3179704
That's one bad prediction
Bullish reversal
Site is for financial not political opinions,we can get that on the news
As expected.
 Problem is that all 27 countries needs to agree to this lovely thought.
We have to decide firstly, in order to save the UK economy from catastrophe.
it's not any better in the EU.
23/24 is going to be bad. Accept it. Is it sort of priced in by now? IMO, with the expectation that rates would plateau now disappearing, new lows will be hit. Two or three rates hikes again in US this year. Russia is the key to the problem. Will Zelensky cut out his act and enter peace talks conveniently before run up to the US Presidential elections? I think it could well happen. NATO aggression has to be reduced for political and economic stability. Latter half of 2024 will be a bounceback, a boom is on the cards - just like the Midterm Elections. GL all.
share buyback needed
Massive bounce is imminent
with the thought of further interest rate increases on the cards this year, I cannot see this happening soon
Market always look forward.
Still shorting.
We simply do not know it’s value now. Plus divi is a gonner. Where does the drop end? 50 basis point hike was lethal for home builders.
Boohyah
boolowya
Positive update this morning. The beginning of a recovery maybe
slowly but surely
Buy
PSN is a bargain at this price! 50% upside within 6 months!
New low and possibly more lows too come😐
😂😂this isn't a new low!! there is a likely 50% upside to PSN within a 6 months timescale! remember this message
Still shorting
This will return to pre covid level by end of the year. We have already seen peak inflation and rate coming down will help with ease of mortgage approval
Also we are seeing higher highs and higher lows. Its low risk to take a long position imho
Remember. Market look forward
What are they looking forward to lol?
Won’t hold it for even a month, let alone 10.
Surprise surprisd. Psn is in bull market now
Really?
Super undervalued. I'm loading up big time
bought at 18.95 thanks to history with this share,10% down but can wait.Do not invest if you may need money rule.Will buy more if price attractive, good land bank and good medium/ long term prospects with quick management response to current climate.
Motley Fool said buy when it was 1800. Always wait for at least a 30% dip after their recommendations.
Another 25-30% slide coming over next two quarters.
Take a position <900
UK is a nation into property investments and there is always demand for new houses regardless of economic situation. Foreigners like to invest properties in UK as well due to relatively stable political climate and decent rental yield. Its property laws are mature and therefore to investors that are risk averse.
Accommodative* to investors
Is the dividend cut to zero?!
If it has, this will be 800 by next summer.
Yep. That is why I commented with value trap.
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