Member Info for ilikehousebuilde

Most builders up almost 2% just in 40 mins after open and on no news, what's causing it?

Rest in peace Nige and may God bless him

This could be a good opportunity to buy back after xdiv weaknes loking for a bounce!

Correction psn,bdev,bkg and rdw the only ones who closed up on the day although v small gains!

It was interesting how PSN and bdev were the only builders that closed up!

Do results normally affect the sp here?the last one didn't on 8 September 2020,it's already down considerably since Monday on no results!

https://www.sharecast.com/news/news-and-announcements--/uk-housing-market-starting-to-cool---rics--7778382.html

Hi TSSZ,
Why domyou think the results will be positive and cause the sp to go up?

Correct me if i am wrong but i thnk the uplift today was probably more because of the positive risk on mood on the ftse caused by positivity from US indices due to impending stimulus and not because of quarterly update!

Main one total uk home completions decreased by 39%!

Hi usuallyright,
What more restrictions can you announce other than the full lockdown that we have?

Hi Benrumpson1,
So do you think tw results be positive without any negatives?

Hi everyone,
Any particular reason why this is falling?

What do people think tomorrow's update be like?if it is anything like pan's today ie warning about the effect of new variant Corona on building activity and lower revenue it will be another blood bath!

Tssz:Coz it will only go up from here, as the company have less shares now.
I thought share going up will be because either oil price goes up or th results say they are earning more etc!

Persimmon said it was confident of the ability to continue to operate safety and effectively, but also recognised "elevated risks to the Group's planned build programmes" and "increasing operational challenges" linked to unplanned staff absences and its supply chain.Now all builders could be expected to give similar warnings and in that case we could see the beginning of a new bear market in builders from today,as far as today's action is concerned I would not be surprised we see a new low of the day close to or before the close, taking PSN results into consideration tomorrow's tw quarterly does not look like it's going to push up prices!

According to newscast Persimmon reported a drop in full year completions! Why was thisnot in the premarket open news by Reuters?

The only official news that was released before market open by Reuters said + 25% forward sales +7% AVE selling price,now they are saying it's warned about Corona risk on its sites which can make people panic now down massive 5% Can't believe it how much more ? Down 10% today there is no limit now this news can spoil builders now I don't know what can reassure investors?

I think sp reaction tomorrow to PSN update and also Thursday to tw update will both be similar to today's reaction to vestry update,small bounce in the opening minutes then a selloff into and untill the close!

Hi 2227,
You do know that broker upgrade,PT only affect sp on the day it's announced?!also bdevs results were half year so significant but today's and PSN tw later in the week are only quarterlies so not that important