Barratt Devel. Share Chat - BDEV
|Share Name||Share Symbol||Market||Type||Share ISIN||Share Description|
|Barratt Devel.||LSE:BDEV||London||Ordinary Share||GB0000811801||ORD 10P|
|Price Change||Price Change %||Share Price||Bid Price||Offer Price||High Price||Low Price||Open Price||Shares Traded||Last Trade|
|Industry Sector||Turnover (m)||Profit (m)||EPS - Basic||PE Ratio||Market Cap (m)|
|Household Goods & Home Construction||3,157.0||390.6||31.2||20.5||6,343.57|
Barratt Developments Share Discussion Threads
Showing 22700 to 22725 of 22725 messages
|I've deleted all my German contacts from my mobile....now I'm Hans free||taffee|
|The world is awash with debt and misallocation of capital...another credit crunch Is very possible....this will possibly burst the property bubble here even if rates Don't rise Everything is connected around the world in one way or another and this is a very Big bubble||taffee|
|Probably because this puts back uk rates going up from lower inflation. Seeing as we're not reliant on China for exports overall this is a good thing but that doesn't stop people being irrational first IMO.||alphabeta4|
|Held up better than i thought it would.||rwlly|
|Of course its scarey, the tories have played right into labours hands. They have done themselves no favours by promising to raise the minimum wage by such a large amount. This will cause a large rise in unemployment in the run up to the next election, far better if they had tried to keep the cost of housing under control then they would not have needed to try and steal labours thunder.||rwlly|
|I tell what's scary..... The Labour Party !||zapa|
|Agree....governments historically spent sleepless nights making sure they never Got into the mess we are in cos it leaves no options to spur the economy other than Print money..which is why I maintain they did all.these crazy economic policies as they felt there was no other option as things were so bad...7 years later Tories Hoodwinked the public into thinking we are off to the races whereas in reality things are WORSE than 2007 2008 with double the debt and a housing bubble our banks Have been lending into....scary stuff||taffee|
|Well i think the rot has set in now, I wonder if western governments are going to get their printing presses out again to rescue themselves from deflation?||rwlly|
|Just accept that things are what they are and at the risk of boring I'll say it again.. Anything over NAV is a bubble of some sort. factor in greed factor in ambition factor in inflation factor in speculation factor in population growth factor in we are an island and land is not manufactured factor in the perception of the buyer and the seller etc etc etc This is reality.||hillbrown|
|There you have it...you can see from the chart demand fell off a cliff in 2007/2008 Yet prices have soared...this is purely due to hmg policies causing a supply slump On the market and speculative bubble....in a normal market where demand slumps so do prices....now our banks have been lending into this lunacy..what could go wrong?||taffee|
|Mortgage lending hits new post-crash record
"Although the mortgage market is not growing rapidly, it has sustained itself quite strongly over the summer months - typically you would see a slowdown in July and August, but if anything the levels of activity in August have been higher than we might have expected," said Mark Rennison, finance director at Nationwide Building Society, this week.
"I think that is a sign that the market is recovering. With house price inflation at pretty low levels by historical standards, it is pleasing to see a set of conditions in the market where it is growing steadily, and in a way that looks very sustainable."
|I suspect also GDP didn't include drug dealing prostitution and increases in debt rents etc etc which it does now! And the Inflation basket didn't have 645 items in it!||taffee|
|I can see what you are saying hillbrown, but most of the borrowing back then was to fund two world wars. A lot of todays borrowing is to fund a standard of living that we do not earn.||rwlly|
|No problem rwilly, absolutely no offence taken. All governments borrow all the time. I can understand your frustrations about an 'I'm all right Jack society'
as portrayed by the super rich at one end and the benefit cheats at the other. The vast majority in the middle just get on with life and do their best with whatever tools they were blessed with.
Have a look. Slightly out of date but valid.
|Why aren't builders building 250-300k p/a?...with all the huge demand and breaks From hmg it seems odd that they would restrict supply(sarcasm) We need to build millions of council houses to create real jobs and cut housing Benefit and stay in control....this is why 600k people joined the Labour party and Jeremy is ahead......something has to change.the UK finances are the worst in history and the recovery is a myth and will unravell very quickly. I'm not a socialist but the conservatives certainly are with all the state intervention...bring back Free markets||taffee|
|Correct me if i am wrong but the government are still borrowing 100 billion a year,if housing benefit could be eliminated it would be down to 60 billion a year, which at some stage will have to be paid back in taxes, i hope you can see where i am coming from. I am not having a personal dig at you it is just the im all right jack society we seem to be living in||rwlly|
|Borrowed money was the term you used. Who is it borrowed from that youngsters will now have to repay it to?||hillbrown|
|40 billion a year in housing benefit do you for starters, and billions printed to rescue asset values from collapsing?||rwlly|
|Anything over NAV is a bubble of some sort. factor in greed factor in ambition factor in inflation factor in speculation factor in population growth factor in we are an island and land is not manufactured factor in the perception of the buyer and the seller etc etc etc This is reality.||hillbrown|
|All my profit will not disappear. Go figure. rwilly. I don't brag to anyone. I do respond occasionally to tittish posts. What HMG borrowed money is 'propping up' the housing market? I have made my luck all my life like most people who are lucky without winning the pools or lottry. I am sure there are plenty on these housebuilder threads who have done better than me. Some people of course are born losers and slightly bitter with it. Onwards and Upwards.||hillbrown|
|hillbrown If i were you i would not go bragging about your achievments in a room full of young people who have been locked out off the housing market. It is these very same youngsters that will have to try and pay back what HMG has borrowed to prop the market up. I would be praising your achievments if the builders had got to where they are without the assistance of billions of pounds worth off taxpayers money, but the way i see things is i agree with Taffee you were very lucky and for a person off your age i cannot understand why you dont see it.||rwlly|
|Anyone who is up 300% and doesn't sell is a bit naive imo...that's 150 years in the bank.To then say if they fell 50% I would be quids in is crazy.How would you feel if all your profit disappeared?it's only a profit if you sell||taffee|
|Builders traditionally were on p/e ratios of 4-8 because of the risk of the cycle If the bubble bursts then the downside support is limited.amazes me the bulls have Forgotten 2007/2009 when bdev fell to 30p.....anything and everything is possible on the stock market....barratt are a good company but the business model comes under severe pressure in a downcycle...to answer your question I think if there was evidence of price falls/margin squeezes The bdev would gravitate towards 300p quickly. Mkt cap is currently 50% higher than 2007 peak!||taffee|