Member Info for philpot1001

this news has probably helped builders today.... http://www.dailymail.co.uk/money/markets/article-4811960/Persimmon-defies-property-slowdown-30-profit-rise.html

all dependant on institutional investing, the PI's don't seem to be enough to give it the pushes through resistance levels as there is still a lot of profit taking from people invested with low averages. I thought about it, but im in here at least until 1550p, hopefully with a nice stash of dividend to boot.

For me I'd say the 11.99p's are buys especially the beefy 15k one, and I think it's pushed the buy price up to 12.25p, buts it's all guess work. At least it's moving upwards for a change :-D

my gut feel is they are buys, but I only have 2 quid in cash in my dealing account free so I cant even do a dummy trade to find out lol.

looks like Standard Life have been buying a job lot, as long as there is institutional interest here it paints a rosey picture in my opinion.

well wasn't a blue day, but id claim that as a neutral day at the end, it keeps knocking on the ceiling though, it may be like this until results day in a couple of weeks.

fingers crossed!

seemed to keep bouncing off 1360p so it may be a lot of people had that set as a trigger sell position. Looks like we "may" have broken through, in which case 1360p might become the new floor........wont be able to tell for a couple of days. Fingers crossed!

patience of a saint is required here..... at least we're getting dividend now while we wait!

damn it *EDIT 0.17+(0.49*0.17)

Question regarding the dividend projections - next year a figure of 2% has been banded around. However, my understanding of this is its based on the philosophy of 100% ownership rather than 51% owned...i.e. div this year was 0.17p per share, therefore projected next year would be 0.17 + (0.48*0.17)= 0.2533p per share however this ignores any growth in profits we are likely to see. BoD have committed to 10% increase per year (Ref. AGM), so on that basis the divi would be equal to 0.278p per share, no?.....in my opinion I think a 10% increase in profits would nominally be conservative here, however I do understand increases may be limited due to expansion expenses.

PS DB my interpretation of that 5 years would be 5 years until max production rate.... bearing in mind where we are at the current facility that sounds about right..... I would personally infer that would mean some Guitry production earlier.... but it's just my guess.

Cheers FK, very concise! We all owe you one

seems strange that a circa 500 pound buy caused the ask price to go from 11.88 to 12.25? larger hidden buy coming through later?

http://www.iii.co.uk/articles/433879/why-growing-housebuilders-are-preferred-returners

And feel free to give them a kick in, for not disclosing the mechanical failures in an RNS....... That's my rants over lol ;)

Cheers FK you're a star. PS something else that's been bugging me is the RSPO accreditation..... that was indicated as being close to approval ages ago. What's happened with that?

my only thoughts FK are if they have any kind of timelines in mind regarding Guitry, but it may be too early for them to want to commit to estimates for that.

I thought in the RNS there was a date for determine the value of the SCRIP? Or am I fooling myself? I can't get it open at present

Oh how I wish it would get to 23p! ;-D