Member Info for Richard08

After years of red here, I am still getting used to the sp being so far in the green! All looks good, with the presentation very strong, recent project announcements and more to come soon. I can only say it’s about time!

Very encouraging to see a further rise today. I expected a double digit retracement.

Remember when we used to get excited when they sold a battery for 0.8Mwh for some tiny project in the middle of nowhere? Happy times... I mean, we were all totally underwater and dreaming for days like today!

And finally they've arrived!

On a long term view (1-2 years or more) this is a good buy I would suggest. There is a possibility of several things happening in the short term however that could hurt the SP but not necessarily the company, hence it's a good buy because the company will be fine long term, but the sp has to price in various tail winds. Off the top of my head; oil prices remain high (so does diesel - obvious impact on construction costs), rates unlikely to drop if inflation stays higher than desired, lack of government push to encourage house building (Labour have done very little so far to help housing) and so on.

However, people will still want to live in houses and this company does build them rather well! But if you're possibly wanting your money some time soon then I wouldn't invest it anywhere. Obviously up to you with your own money!

Not even a flicker of a response from the market to today’s update. Seemed positive to me!

Pound to a penny that there is news in a day or two. AIM leaks a sieve. I mean, poor liquidity says that it doesn’t take much to move this. But I’ve tried buying at various prices and there doesn’t seem to be anything available at all.

Peel Hunt - the outfit that said Ceres should be wound up back in 2012? Hmmm

Serious beating down of the share price at the moment. Fear of consumer down turn? Result of limited trading and low liquidity? Goodness knows... but the last results suggest the company is doing ok. One to bottom drawer for a while.

Management seem to be holding up their side of the bargain. 21st April is looking up to be a right income day! As for the sp, we're in hang-on-to-your-knickers-territory with Trump/Iran. Everything is selling off it seems.

Results are great. It's macro economic that's causing the pull back today. IMO I would wait and see what happens with Trump and his tantrums. No-one seems to have a get out plan for the current situation with Iran.

14% divi at this level. Serious income, but unsustainable over any length of time?

They've just listed every idea they have for cannibalising themselves. It's like they've published they brainstorm whiteboard from the board meeting! But, the market seems to approve, at least initially, so who am I to judge?

Market is expecting the rise in the oil price to be sustained which will have an effect on house builders due to how much machinery they have to use. At present oil price, costs to companies have increased by 10-15% in a matter of weeks. The market is worried that more is to come.

But as ever, the market has over reacted and assumed we’re all doomed! As Awesomedan suggests, perhaps this is a good time to buy?

Down to 180p and up to 209p today according to my trading app. Huge price moves on the volatility due to Iran, oil etc.

Https://www.persimmonhomes.com/corporate/investors/results-reports-and-presentations/2025/

A good set of results. Shame that LSE can't post them!

A RISE in the oil price even... need more coffee on a morning!

GSF! If oil rises and gas goes with it then the price of the last watt goes up too. All good for GSF's bottom line.

A good news RNS and it drops 14%? This is what happens in an illiquid market!

Just re-reading the LODES government pages...

Long Duration Electricity Storage: cap and floor application window 1

Today, 8 April 2025, we open the first application window for Long Duration Electricity Storage (LDES) projects under the cap and floor regulatory scheme. This follows the March 2025 Technical Decision Document published with the government. We aim to approve the first projects by Q2 2026.

The key word is in that last sentence IMO, 'by'. So it is possible approvals could come through any time at all really. It's here if anyone wants a read.

https://www.ofgem.gov.uk/decision/long-duration-electricity-storage-ldes-window-1-eligibility-assessment-outcome

Thanks for that Alexei91. Either way the company seems to be in a strong position and I expect to see some news flow on the development projects funded by the considerable cash in the bank. CEO has done a cracking job IMO. Lets see what comes through in the end of year results.

Regards.