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|Household Goods & Home Construction
Barratt Developments Share Discussion Threads
Showing 23026 to 23048 of 23050 messages
29 Sep '16 - 17:06 - 1519 of 1520 1 0
From The Guardian:
"Other help-to-buy schemes will continue until 2020, including the five-year, interest-free equity loans available for up to 20% of the property price when a buyer has raised their own 5% for a deposit. However, that scheme is only available for new-build homes".|
|From just a few months back .....
The number of new-build homes being started and finished in England is at its highest level since 2008, according to government figures.
Construction on approximately 37,080 new homes was started between October and December 2015, up 23% on a year earlier, while 37,230 were completed, marking a 22% increase on the same quarter in 2014.
The latest totals were the highest in nearly a decade, according to the Department for Communities and Local Government (DCLG), which released the figures.
There were 143,560 housing starts in the 12 months to December 2015, up 6% on the year before. And 142,890 homes were completed in the 12 months to December 2015, marking a 21% increase compared with the previous 12 months.|
|Its the mortgage guarantee scheme thats going not equity share.
I am a mortgage broker, mainly in new builds - so shat my pants when I saw the headline.
Hardly anyone uses the Mortgage Guarantee Scheme.|
|Don't be too quick out of the traps. Your user name and post hardly sets you out to be a thoughtful optimist :-)
The new Government will want to bring their own ideas to the table and the chronic shortage of houses will be near the top of their list.
These share will increase steadily over the coming months/years whilst at the same time delivering decent dividends.|
|Help to Buy Mortgage Guarantees scheme pulled by Philip Hammond - ends this year.|
|"Market believes deutche bank is on verge of collapse which could exacerbate the bursting of the UK housing bubble"
There are areas that are overheated (London and South East) where the prices are probably 30-40% over where they should be but elsewhere the shortage of homes is forcing prices up. I am currently in the process of moving and the prices that some people are significantly more than they were a year or two ago.
There are plenty of quality profitable building companies to invest in and as mentioned above once the government offer a few incentives then there will be thousands of smaller entry level houses built to help stimulate the who market.
I invested in Barratt for the dividends and long term growth in my SIPP so there's no rush :-)|
|RR BBA August moergage figurs were due out at 9.30 yesterday. Didn't see it in BBC website nes but found it here:
I thought there were figures out already showing a big increase? I guess that must have been b/soc rather than banks.
August is a funny month as July is a known low in the annual cycle and August is still part of the holiday season.
Personally not fussed by figures as whatever way you cut it, there is a shortage and builds aren't keeping pace with new demand / population expansion..so even more 'short' of houses.
If houses get too dear as they are, folks will end up buying smaller houses than they would have aspired to, so builders can change their mix to have a bias to the smaller -and perhaps make them more luxurious to compensate - in a similar way as we now have nearly all cars with electric windows - no longer a luxury.
All IMO :-)|
|Market believes deutche bank is on verge of collapse which
Could exacerbate the bursting of the UK housing bubble|
|Anyone got any news? Tree shake?|
|As i said before Bdevs CEO needs lessons what RDW CEO said
Also Blackrock reduced abit, profit taking
Market is becoming more Traders against Investors i believe
Nice little B.S filtered on the Market with the American FED rate
to rate hike|
|I disagree arja. If people can't afford houses then they will rent, unless you think that everyone will live in tents. If we become a renting culture then the house builders will still build more houses but then keep the properties and rent instead, or sell to other businesses. More demand + low supply will always equal higher prices or higher rental charges|
|longwell - even if demand exceeds supply , the easy availabily of mortgages might determine whether house prices continue to rise . Being a potential buyer who can not get a mortgage means he is not in the demand equation .|
>I am seriously missing the point of investing.
IMO .. Yep me too see it rosey for long term..say 1-3 years at least, but believe share price is driven by day/short term traders say 1 day to several week term, where 'no change' is to be expected for builders, so better (for short term traders) to put money in sector where positive/changing news is possible, to make short term gain.. rather than long term slow and steady with jumps around results days (for this co and other sector members).
So market is traders and investors but volume is former so drives share price
Given low interest rates in banks / bonds etc, I am suprised there isn't demand (assumption on my part) by medium term buyers pushing the share price up and the wholse FTSE index, and these medium term buyers would balance the share price between the short term and longer term expectations.|
|big dividend, undervalued against post brexit vote, no slow down in housing market as demand way past supply for next few years at least. no appreciable effect of weaker pound. these are the king of shares I have dreamed of having in my portfolio yet a lot of selling .
can only be profit taking or I am seriously missing the point of investing.|
|Someone else who thinks BDEV is a buy (admittedly stated a "short-term", which is where we differ!): Https://masterinvestor.co.uk/equities/barratt-is-a-great-total-return-of-capital-gain-and-dividend-buy/
Another fact is that that the dividend is currently too high. The final dividend rose 19 percent to 12.3p – itself worth 2.45% of dividend yield. The consensus estimate is that the dividend payout for this year is forecast to be above 31p implying a forward estimated divided yield of 6.3%. That looks solid, given the big cash dividend cover in the last balance sheet. A solid looking short term buy in my view.|
|From 30th August, so dropped back a bit since, but still makes them even more of a buy in the author's opinion ;-)
There’s been a housebuilding resurgence since the post-Brexit depths, with Barratt Developments (LSE: BDEV) one of the FTSE 100’s biggest winners in August. If you’d got in on 6 July, you’d be 50% up today with the shares on 500p. That’s not back to pre-vote levels yet, but it does highlight the irrationality of those who thought the UK’s chronic housing shortage was suddenly going to end once we leave the EU.
Barratt shares are now on a forward P/E of only 9.2, and even though the earnings growth of the last few years is set to slow, that still looks like a buy to me — especially as there are dividends yielding better than 6% on the cards, and they’d be strongly covered by earnings.|
|Yet again Redrows board knows how to look after there shareholders|
The firm has forward sales of £2.4 billion so far, up 4% against a period of strong trading last year, and recent sales trends have been “encouraging”, Barratt added.
Despite Brexit hitting the pound, the firm’s building costs should be largely unaffected as 90% of its materials are sourced in the UK, Thomas says.
Shares eased 2.5p to 504.5p after the results. The stock has jumped nearly 50% since post-Brexit lows but the shares remain more than 18% down so far since the beginning of the year.
The_Equaliser: A quick read of the latest RNS on BDEV's website shows:
Capital Return Plan
The Board proposes to pay a final ordinary dividend of 12.3 pence (2015: 10.3 pence) per share for the financial year ended 30 June 2016, which subject to shareholder approval, will be paid on 21 November 2016 to shareholders on the register at the close of business on 28 October 2016. Together with the interim ordinary dividend of 6.0 pence per share, which was paid in the year, this gives a total ordinary dividend for the year of 18.3 pence per share (2015: 15.1 pence per share). The ordinary dividend was covered around three times by basic earnings per share.
Under the special cash payment programme the Board is proposing a payment of £125.0m (12.4 pence per share), which subject to shareholder approval, will be paid by way of a special dividend on 21 November 2016 to shareholders on the register at the close of business on 28 October 2016. The Board anticipates a further payment of £175.0m to be proposed with our FY17 results payable in November 2017.
In total, the Capital Return Plan is expected to return around £963m of cash through ordinary dividends (based on consensus earnings) and special dividends to the Company’s shareholders over the three years ending November 2017.
|I think most piled in to RDW previous day,
Good results and very good charman statement on bloomber
I missed that as holding PSN
next hike poss be oct RB.
The special divi
When is that being payed any idea ?|
|Indeed. I didn't expect a company weathering Brexit well and declared increased profits to have lost ground on share price|
|Bdevs chairman needs lessons from RDW chairman on what to say to help share holders :(
next movement RB. results|