Member Info for Jcj07

Just reading an interesting article in The Sunday Times where it is mentioned that immigration will need to be relaxed in order to fill massive labour shortages in retail, construction & hospitality. The salary threshold for a worker to qualify for a Visa also lowered and more importantly, the shortage occupation list expanded. Changes to the Post Brexit immigration system now a must, government officials admits (no **** Sherlock)!!
It doesn't take a scientist to work out what this means for the housing market!! Persimmons is in a prime position to take advantage with land resources available as well as a significant amount of dry powder ready to be deployed in the adquisition of further sites!
I must say, the more I think about the dividend cut, which by the way still attractive at nearly 5%, the more I realise how diligent and forward thinking this company is!

Could this share go lower? Possibly but with such an amazing current entry point, who would risk trying to catch the very bottom and missing on the upside??
What if it does go lower? I will simply add more as the dividend will be even more enticing, specially as they are likely to increase, in my opinion, rapidly as we get through the storm
Is the company in trouble? Robust balance sheet with current issues being due to economic factors rather than company specific
What do historic trends tell us? This share will most likely double within 1 to 1.5 years.

Buy when there is fear!!

Having an £18 target in this stock is perfectly reasonable, the selling has been way overdone! A change in tone with some inflationary pressure easing will propel these to those levels in no time! This is all economy based, the company is actually in great shape with a 5% Dividend and possibly more, what's not to like?

The energy support is already being extended, I believe that this government will not let the house market collapse! With a 5% Dividend and the significant drop this share has already incurred, the upside here is considerable!

@strictly. Brilliant outlook and my view exactly. Underpromise & over deliver!!

?????? you are showing your ignorance here if you really take The Times share tips as some sort of guidance!!! If anything, that's a buy signal!

I'm with you Avocet. This is a bargain at these prices. Who takes notice of the share tips in The Times anyway? They get it wrong 8 times out of 10, not to mention that they have their own agenda!

Why is this dog of a share dropping again today? There is no news anywhere

@Castleford
Misleading by what? Saying that confidence is eroding?? I think you find I was just stating the obvious!! I am not the keyboard warrior type so good bye guys and good luck with this share. For what is worth, I don't think TCG will go bust , however, neither do I expect a stellar performance. The rollercoaster ride on this has been an experience I would rather put behind me.

@ HeresHopin
Having looked at your previous posts, I see you make a habit of insulting people, it's people like you that make forums unpleasant for others!

You have been reported, I might have changed my opinion, which I'm entitled to, however, I have not insulted anyone here!

Confidence eroding, after all the negative news, who in the right mind would book with TCG knowing they might go bust?? Is all well and good being covered by ATOC, however, imagine being ready to go and a couple of days prior to going being told all flights now cancelled! Not to mention the hussle of getting the money back and time wasted! I wouldn't be surprised if it drops to new lows!

We might see 20 again within the next couple of days!!!

This is looking more and more like it might follow the same path as IRV.

Tell me out how many Opec members haven't had some sort of spat with the US?
Coordinated action is all it would take!

With brent so low, all it would take is for the Saudis deciding they have had enough of Trump dictating and cutting production as a result, think about what a 10-20 % increase in fuel bills would do. Just a thought!!

Very strong response. Everyone is entitled to their opinion, the market looks generally bleak in any case!

I'm hoping the unscrupulous shorties dont get hold of this again, more negatives than positives out there! The wrong article could send it plummeting again!

Here it comes!!

I would be very surprised if it doesn't end 15 % down at least. The drop over the last couple of weeks was indeed overdone but so was the bounce yesterday without further news and with current CEO in place.