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

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

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

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 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 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

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

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 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