PSMMF News and Press, Persimmon PLC From 03/07/23

2023-03-07 09:26:29 ET Summary Persimmon Plc sales rates have been improving sequentially in the last two weeks, with year-over-year trends improving from -70% in Q4 to -20% in the last two weeks. Construction price inflation is estimated to be at 7-8% per year, but it is expected...

Persimmon Plc (PSMMF) Q4 2022 Results Conference Call March 01, 2023 04:00 AM ET Company Participants Dean Finch - Chief Executive Officer Jason Windsor - Chief Financial Officer David Jenkinson - Former Chief Executive Officer Conference Call Participants ...

Summary Persimmon is one of the largest homebuilders in the UK, operating in a favorable market structure. The business is resilient, time-tested, and has transformed into a vertical business since the great financial crisis in 2008. The valuation is attractive at the current price ...

Summary UK based house builder Persimmon has seen a 16% jump so far in 2023 after an awful 2022. Can it sustain the increase? The UK housing market is poised to weaken both this year and the next, and signs of slowing down are already visible for the company. Weakening financials an...

Summary The UK housebuilders, like their U.S. counterparts, have been battered and bruised year-to-date: the sector is off 50%+, as investors worry about the broader economy. Unlike their U.S. counterparts, though, most UK comparables have a huge amount of net cash: and none more ...

Summary Holcim's shares have outperformed YTD and interim FY12/2022 results were firm. Despite being a global leader in the building materials sector, Holcim is not immune to cost pressures from inflation and increasing borrowing costs. Management has aired no real concerns to...

Summary September 10%+Yield data was all sourced from YCharts and limited to U.S. listings, and dividends under 25%. However, variable dividends were rampant. Analyst top-ten net-gain estimates from these 99 bargain-basement dogs 9/14/21 ranged 19.36%-100.18% from LOMA, SITIY; OMA...

Summary I'm launching the first edition of the UK Top 40 High-Yield Blue-Chip Stocks list. The list is based on stocks from the FTSE 100 and FTSE 250. Given the weak economic backdrop, it shouldn't be a complete surprise that the average dividend yield across this list of stoc...

Persimmon's first quarter wasn't great, though the outlook remains strong. I think the near-13% dividend yield compensates for that, although it comes with the risk of notably thin coverage. I find the risk:reward ratio attractive. High-yield U.K. housebuilder Persimmo...

Persimmon offers a 10.2% yield that is barely covered. By seeing that as a combination of two smaller yields, as the company does, I feel less concerned about the thin coverage. The shares have fallen and business results improved, so I now see Persimmon as a buy. U.K. housing...