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Persimmon sees improving market

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Comments

  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    brit1234 wrote: »
    If things are getting better then why are the builders all posting big loses. Interest rates are at only 0.5%, what happens to the builders if they rise?

    To be fair brit I was looking for my Taylor wimpy recomendation pre Dec and found these two pearls from you.

    brit1234 wrote: »
    FTaylor Wimpy for example will go bust in January which should see big reductions with them and should trigger an avalanche in price fall in newbuilds.

    brit1234 wrote: »
    If you want to lose even more money I recommend buying Taylor Wimpy Shares.:eek:


    Well done on the last comment they only went up 1250% in the 10 months since you made the quote.

    I would give up predictions if I were you.
  • System
    System Posts: 178,377 Community Admin
    10,000 Posts Photogenic Name Dropper
    1250% out is pretty close for a Brit prediction.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 25 August 2009 at 3:00PM
    Really2 wrote: »
    To be fair brit I was looking for my Taylor wimpy recomendation pre Dec and found these two pearls from you.






    Well done on the last comment they only went up 1250% in the 10 months since you made the quote.

    I would give up predictions if I were you.

    Quote:
    Originally Posted by brit1234 viewpost.gif
    FTaylor Wimpy for example will go bust in January which should see big reductions with them and should trigger an avalanche in price fall in newbuilds.
    Quote:
    Originally Posted by brit1234 viewpost.gif
    If you want to lose even more money I recommend buying Taylor Wimpy Shares.:eek:

    and the all time classic of 50% house price drops by Christmas 2009 :rotfl::rotfl::rotfl:

    oh dear Brit discredited again what a surprise :confused:
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    The fact that Persimmon decided that the value of it's assets (land) had increased is interesting. Surely this is not as arbitary as it sounds (as described by geoffky)? Would it not require their auditors to sign off on this, and require some professional valuation?
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Persimmon sees improving market

    :rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:

    There's a surprise.

    Pssst. I've got shares in a soap mine if you want to buy them..

    :rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    brit1234 wrote: »
    "The company's profit was boosted by a gain of £27.9m after it decided that the value of its assets had increased. Stripping out this gain, the company made an £18.1m loss."

    Yes things are looking good for it. So if I owe the banks £100,000 but decide to revalue my £100 car myself to £10,000,000 everything will be ok then lol:rotfl:

    If things are getting better then why are the builders all posting big loses. Interest rates are at only 0.5%, what happens to the builders if they rise?
    interesting thread

    thought i'd bump the trhead to see what Brit thought on the latest news... and also to see if he'd discoved that denial isn't just a river in Egypt yet
    Pre-tax profit surged from £9.8m a year earlier, the UK's third-biggest homebuilder said in a statement on Tuesday, as the average selling price of its homes increased 8.6pc to £168,936.
    http://www.telegraph.co.uk/finance/newsbysector/epic/psn/7961348/Rise-in-house-prices-pushes-up-Persimmon-profits.html
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Bleed wrote: »
    Fark me, come on chucky you're better than this mate, you don't wanna be bumping year old threads ma man. Hell even when I was posting like a !!!!! I'd never even go on page 2 nevermind bump 'em ;). By the way who's Sparticus and where are his posts. :D
    :)

    it's quite relevant. it's always good to see if peoples views change once they have the facts right in front of them - the first time round and then the second.

    sparticus was a legend - one of the greatest posters to grace MSE.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Bleed wrote: »
    By the way who's Sparticus and where are his posts. :D

    I'm Spartacus! and so is my dog
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 24 August 2010 at 2:55PM
    Bleed wrote: »
    Chuck Norris, I can assure you, you aren't Sparticus...... and if this carries on it's not going to end well :D

    I take it you didn't see Sparticus (or the Life of Brian) then:

    http://www.youtube.com/watch?v=-8h_v_our_Q&feature=search


    http://www.youtube.com/watch?v=lp1CmV2m4MQ&feature=search
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Bleed wrote: »
    I've seen them both many times mate...... forget it dude, it's just a little in joke. ;)

    Don't worry about it AD I'm not
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
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