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PSMMF / Can housebuilder Persimmon calm industry nerves on Thursday?

Can housebuilder Persimmon calm industry nerves on Thursday?
Housebuilder Persimmon PLC (LSE:PSN) releases its first-half trading update on Thursday with plenty of nervousness surrounding the sector. The FTSE 100-listed shares have halved in a year, reflecting worries about the upward turn in interest rates, an end to government support schemes, a dividend cut and expectations of lower profits. Read More
Posted: Jul 5 2023, 11:07
Author Name: Proactive Investors
Views: 112459

PSMMF News  

Sales rates key for housebuilders as Persimmon and Taylor Wimpey update

By Proactive Investors
November 3, 2023

Sales rates key for housebuilders as Persimmon and Taylor Wimpey update

Hopes that interest rates have peaked and with it mortgages have seen housebuilders stage a rally in recent weeks. Other things going their way have b more_horizontal

Persimmon: Stock Trading At 1x Book Value Is Cheap

By Seeking Alpha
September 16, 2023

Persimmon: Stock Trading At 1x Book Value Is Cheap

Management's shift towards prioritizing gross margins over growth is seen as a positive move, and the market has reacted positively with a 7% stock pr more_horizontal

Persimmon, Taylor Wimpey rally continues after planning changes

By Proactive Investors
August 31, 2023

Persimmon, Taylor Wimpey rally continues after planning changes

Housebuilders continued to rally as the City digested the changes to planning laws announced by the government earlier in the week. Key to the changes more_horizontal

Persimmon's profit hit by rising rates but holds guidance

By Proactive Investors
August 10, 2023

Persimmon's profit hit by rising rates but holds guidance

Persimmon PLC (LSE:PSN) remains on course to hit current profit expectations despite a brutal first half which saw revenue, profit and completions tum more_horizontal

Persimmon results finally due after July update no-show

By Proactive Investors
August 4, 2023

Persimmon results finally due after July update no-show

Persimmon PLC (LSE:PSN) reports interim results on Thursday, 10 August, after opting out of an anticipated trading update last month. A difficult star more_horizontal

Can housebuilder Persimmon calm industry nerves on Thursday?

By Proactive Investors
July 5, 2023

Can housebuilder Persimmon calm industry nerves on Thursday?

Housebuilder Persimmon PLC (LSE:PSN) releases its first-half trading update on Thursday with plenty of nervousness surrounding the sector. The FTSE more_horizontal

Persimmon to reveal impact of mortgage rate hike in half-year update

By Proactive Investors
June 30, 2023

Persimmon to reveal impact of mortgage rate hike in half-year update

Housebuilder Persimmon releases its first-half trading update on Thursday (6 July) with plenty of nervousness surrounding the sector. Latest housing d more_horizontal

Persimmon: Resilient Business At An Attractive Price But Not A Long-Term Investment

By Seeking Alpha
January 19, 2023

Persimmon: Resilient Business At An Attractive Price But Not A Long-Term Investment

Persimmon is one of the largest homebuilders in the UK, operating in a favorable market structure. The business is resilient, time-tested, and has tra more_horizontal


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