Persimmon sees full-year pre-tax profit ahead of market consensus. ReutersJanuary 15, 2019, 7:25 AM GMT. (Reuters) - Britain's second biggest housebuilder Persimmon Plc (PSN.L) said on Tuesday it expects full-year pre-tax profit to be modestly ahead of market consensus, boosted by new construction projects. Total group revenue rose 4 percent to 3.74 billion pounds($4.82 billion) for the year ended Dec. 31. What to read next.
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LON100:PSN, Jan 18, 12:31 UTC
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Date: 18 Jan 19 Time: 12:20
Tuesday, January 15
Saturday, December 29
Date: 29 Dec 18 Time: 06:38
4 dividend shares set to shine? Centrica PLC, Unilever plc, National Grid plc and Berkeley Group Holdings PLC - Investomania
Centrica PLC, Unilever plc, National Grid plc and Berkeley Group Holdings PLC. Since inflation has moved higher I’ve been focusing more on dividend stocks, and that’s why I’m taking a look at Centrica PLC (LON:CNA) (CNA.L), Unilever plc (LON:ULVR) (ULVR.L), National Grid plc (LON:NG) (NG.L) and Berkeley Group Holdings PLC (LON:BKG) (BKG.L). At a time when inflation is around 3%, it means the stock offers a high real return. However, the company faces an uncertain future. Unilever’s dividend yield of 3% is much lower than some of its FTSE 100 index peers. However, it has the potential to rise at a relatively fast pace, since the company has exposure to fast-growing emerging markets across the globe. National Grid’s status as a defensive stock may have been lessened by the threat of nationalisation. While this may not take place at all, investors may now include the risk in the company’s valuation. However, with a 5% dividend yield I believe National Grid continues to have investment potential for the long term.
Friday, December 07
Date: 07 Dec 18 Time: 12:40
Persimmon PLC (LON100:PSN) social chatter is higher than usual
Tuesday, December 04
Date: 04 Dec 18 Time: 11:39
Is the Persimmon share price a bargain or should I buy this FTSE 250 turnaround stock?
Is the Persimmon share price a bargain or should I buy this FTSE 250 turnaround stock? Of course, Persimmon is not the only share which has experienced a difficult period in recent months. The company expects continued momentum in its core polymer business in 2019. However, it anticipates that recent market softness in Automotive may hold back its ability to generate significant growth, while no expected volumes in Consumer Electronics may hold back its overall performance. This suggests the company is about to experience an extremely challenging period, with investors seemingly pricing in falling profitability. However, the house-builder is expected to report a rise in net profit of 7% in the current year, followed by further growth of 3% next year. As a result, it could be the case that the stock market is overly-cautious about its financial outlook at a time when demand for new homes remains healthy.
Thursday, November 29
Date: 29 Nov 18 Time: 15:24
Here’s why I couldn’t resist the Persimmon share price
Here’s why I couldn’t resist the Persimmon share price. Fool.co.uk29 November 2018, 15:24 GMT. As I’ve been getting older and shifting my investment strategy more and more towards seeking sustainable dividends, at regular intervals I’m faced with what is actually a happy problem — what should I do with the dividend cash that I’m accumulating? In the end I went for Persimmon, partly because it’s a company I think I know better, but mainly because I continue to see our big housebuilders as oversold cash cows right now. As an aside, I also have a small holding in Sirius Minerals, which I also bought out of accumulated dividend cash. As a higher-risk growth stock it’s way outside my usual strategy these days, but I somehow feel happier taking risks with dividend cash almost as if it’s free money. I’ve mentioned before that I think there’s a misconception that housebuilders need rising house prices to make money and that they’ll be in trouble should prices fall. But that is simply not true. What’s needed is a selling price that’s higher than the cost of construction (which includes the price of the land, which will fall when house prices fall), coupled with sufficient demand for houses.
Wednesday, November 28
Date: 28 Nov 18 Time: 08:36
JinkoSolar (JKS) Given Neutral Rating at Credit Suisse Group – Fairfield Current
UBS Group dropped their target price on JinkoSolar from $18.00 to $12.00 and set a buy rating on the stock in a report on Wednesday, October 31st. The company has a market capitalization of $303.84 million, a price-to-earnings ratio of 8.59, a PEG ratio of 0.46 and a beta of 1.67. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. As a group, research analysts predict that JinkoSolar will post 2.34 EPS for the current year. Vanguard Group Inc. now owns 804,267 shares of the semiconductor company’s stock worth $8,662,000 after acquiring an additional 147,292 shares during the period.
Date: 28 Nov 18 Time: 05:04
Persimmon has announced its plans for 178 homes in Haverfordwest
National home builder Persimmon plans to apply for permission to build the homes on the old garden area behind the former Redhill School building, Scarrowscant Lane. The company has not yet made the application to PCC, but has started a pre-application consultation, raising awareness of the plan and asking groups with a local interest their opinions. At Haverfordwest Town Council’s meeting on Wednesday, November 21, councillors discussed the planned development, after the publicity notice was sent to them that day. “I think it is a given that it is going to get planning permission but we must make efforts to do the best for the community in that area,” he said.
Sunday, November 18
Date: 18 Nov 18 Time: 10:16
Shore Capital Upgrades Persimmon (LON:PSN) to Hold – XNewsPress
Finally, Deutsche Bank dropped their price objective on Persimmon from GBX 3,093 ($40.42) to GBX 3,053 ($39.89) and set a hold rating on the stock in a research note on Thursday, August 30th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the stock. Shares of PSN stock traded up GBX 53 ($0.69) during trading hours on Wednesday, hitting GBX 2,175 ($28.42). Persimmon has a fifty-two week low of GBX 2,046 ($26.73) and a fifty-two week high of GBX 2,901 ($37.91).
Tuesday, November 13
Date: 13 Nov 18 Time: 06:01
Tilbury Fields residents slam Persimmon Homes for botched road surface
Tilbury Fields residents slam Persimmon Homes for botched road surface. A DEVELOPER has come under fire from residents of a housing estate in Botley after a botched road resurfacing caused damaged to residents' cars. Persimmon Homes have recently re-laid the main thoroughfare on the Tilbury Field estate, however a large hump has been left protruding from the road. In August residents criticised the housing developer for leaving the estate unfinished more than three years after the first homes were sold.
Key Stats & Ratios
|Quaterly Earnings Growth||13.60%|
|Quaterly Revenue Growth||4.70%|
|Revenue per share||11.32|