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Just started to look at persimmon and see the sentiment has been hammered with interest rates general down turn in housing market. That aside are they a well run company? Are the management good, is there anything thats happened recently apart from general market conditions to cause SP to drop? I see divi is high teens according to LSE that can not be right anyone know what the divi is please? Thanks a lot in advance and good luck everyone!!
This company is still highly cash generative. The fear is if theres a recession people won't have spare money to invest and Lionstrust will suffer. Thats as simply put as can be, know body knows for sure the outcome
If Its any consolation I was close to selling myself with the lack of news but this is hopefully a game changer and things start improving from here on in!! Sorry about your loss its not a easy game this investing!!