RE: Undervalued?27 Apr 2023 01:07
Jcj07, Sadly, Jcj07 the joke is you.
If you had read my post, I wrote, "They have
stated in rsn, "we see........
therefore, I read the complete RNS.
This company is sitting on hundreds of millions,
so 25m in TopHat is nothing.
More from RNS, "Persimmon has made significant
progress over the past two years....."
Yes, Persimmon has made that much progress, two
years ago was able to pay a dividend of 235p, now
60p, that Persimmon progress.
casapinos, thank you for your post.
your post would make sense if, they were building
MORE houses, the rns, shows a reduction first quarter
of 42%, therefore they need less money.
volcano, an important contribution.
stevebt, thank you for your post.
It was not the intension, to spend every last pound
on buy backs.
To make clear my position: my grandfather bought
me 3000 shares in psn, many, many, years ago.
I bought 2000 shares in Bellway, bwy has increased
its dividend and is in the middle of a share buy back,
and as psn would say .....in these very difficult times.
Just makes you think, if bwy had the "Vertical intergration"
of psn, how much more money they would make.
Conclusion: Persimmon.....always jam tomorrow.
Bellway.....jam today and tomorrow.