Barratt Developments Share Discussion Threads

[lauders] 16/2/2015 11:30

Taffee should point out their error to them CR! They must have it wrong ;-)

[cockneyrebel] 16/2/2015 11:29

BDEV.

Capital Group have gone from 8% to 9%+

[cockneyrebel] 16/2/2015 11:02

D.Bank have a Buy rec out on BDEV and TW. today.

CR

[taffee] 16/2/2015 07:32

Read the comments for clues as to real market action

[1gw] 16/2/2015 06:30

Happy Monday!

"As the housing market continues to pick up heading towards spring, Rightmove reported seeing more than 100m visits to its website in January, which is a new record for the site. The busiest days the website has ever seen were on Sunday January 25 and Monday January 26.

But as interest in the market heats up, some estate agents are reporting their lowest ever stocks of quality property for sale, Rightmove said. "

[fardistanthills] 13/2/2015 09:50

taffee 13 Feb'15 - 09:22 - 553 of 555 0 0


I'm looking at the bigger picture...

Can you buy shares in the bigger picture taffee ;-)

[lauders] 13/2/2015 09:40

Taffee filtered. Should be much quieter now although those annoying blank posts will be appearing all the time I suppose. As I am in for the gradual increase & lovely divis + capital returns I am not planning to sell out in the near future & I certainly don't need taffee commenting every day. If things change I will reevaluate when appropriate.

[joe say] 13/2/2015 09:35

Medium term

Population growth - be it immigration or birth rate

More individual households - divorce, death, family break up

Rate of new builds - lower than the demand above

End result?

[taffee] 13/2/2015 09:22

I'm looking at the bigger picture...I've made much more shorting this than being long
And wrong...as I use stop.losses I'm.staying in control

The property bubble is bursting and uk finances are a mess I'm not wrong about
That and this will feature in builders trading statements at some point

Risks are to the downside....big payday coming

[cockneyrebel] 13/2/2015 09:13

You're in denial taffee - go back and look at how long you've been calling this one down. When you can actually hold your hands up and admit to getting it wrong you become a better trader imo.

Being wrong isn't a problem - we are all wrong at one time or another. Not recognising you have something wrong is the problem imo.

CR

[robbo35] 13/2/2015 08:42

Great to see this making new highs, wonder how far it will go? Holding TW and BVS also, tempted by Tef which hasn't broken out...... yet.

[taffee] 13/2/2015 05:19

Don't be so personal....you know I made money from the previous drop
From 440 to 350 and other pullback on the way up to the present price

The current price gives shorting opportunities before the property and share
Market take a nosedive...try to argue the point not the person

[cockneyrebel] 12/2/2015 17:54

taffee - as I asked you on the TW. thread - if you've been short from 350p what sort of trader are you? Any decent trader would have reversed and gone long with the trend.

You'll be right one day - but at what price? The divi you've had to stump up too. Who'd be short on a break out like today's other than a lunatic or a numpty?

All imo/dyor etc

CR

[taffee] 12/2/2015 08:16

A lot of uncertainty in this chart and the dow/sp500 indicative of a possible
Market top

Underlying the London property bubble is bursting and this will feed into
The whole market and ultimately builders

That's why hedgehogs are shorting just like shorting banks when all seemed
Rosy but underlying things were in crisis

Any rises are just better shorting opportunities

[cockneyrebel] 11/2/2015 16:53

New closing high taffee - still short? :-)

A lot of short stops gonna get hit here imo.

CR

[1gw] 11/2/2015 16:24

BoE inflation report tomorrow. Potential for another interesting day.

[cockneyrebel] 11/2/2015 16:11

Testing the highs - reverse head and shoulders on the chart here too imo.

CR

[1gw] 11/2/2015 14:56

Have a look at the Crest chart if you want to see some positive momentum...

[lauders] 11/2/2015 14:54

taffee a good contrarian buy signal? Whenever he/she posts it could be an idea to top-up. Hopefully Redrow's statement will only create positive momentum in the building sector. Looks like the opposite of taffee's stance at the moment.

[1gw] 11/2/2015 07:49

Redrow statement this morning:

"Although it is still relatively early days, customer traffic and sales to date in 2015 are encouraging, despite the uncertainties surrounding the forthcoming election. Demand for new homes is strong and the recent welcome changes to Stamp Duty are undoubtedly helping home buyers within our market segment."

[taffee] 11/2/2015 07:04

Property bubble is bursting and could spread

hxxp://www.propertywire.com/news/europe/central-london-property-prices-2015020910134.html

Further evidence is emerging that the central London housing market bubble has burst and price falls are spreading throughout the rest of Greater London, the latest index suggests.
Prime central London prices are still falling as the supply of properties rises and confidence in property as an investment ebbs away,’ according to the data from Home.co.uk.

Central London locations dominate the latest list of biggest house price falls across the UK, with Walworth in the London Borough of Southwark seeing a 15% fall in average house prices between January 2014 and January 2015.

House prices in Belgravia fell by 10.3% over the same period and Cromwell Road in Kensington saw a slump of 8.3%. Of the 20 UK areas with the biggest annual fall in sales prices, 11 are in London.

Landlords' return on investment on central London properties is also falling. Of the 15 UK locations recording negative real % yield, which occurs when the value of the property depreciates by more than the annual rent, 12 are in central London.

[cockneyrebel] 10/2/2015 07:08

From Bellway today:

January 2015 ahead of its interim results announcement on Wednesday 25 March
2015.


Highlights


- Further volume growth with a 15.7% increase in the number of housing
completions to 3,754 (2014 - 3,245).

- Strong forward sales position with growth of 24.5% in the value of the
forward order book to GBP975 million (2014 - GBP783 million).

- Operating margin expected to approach 20% for the period ended 31 January
2015 (2014 - 15.6%).

- Significant investment in land with around GBP355 million expended on land and
land creditors (2014 - GBP240 million).

- Plans to open a sixteenth operating division in the current financial year.


Ted Ayres, Chief Executive, commented:

"The Group's strategy of delivering volume growth, with a strong focus on
return on capital employed has resulted in a further significant rise in
profitability. With advanced plans to open a sixteenth division in the second
half of the financial year, Bellway is well positioned to deliver further
earnings growth."


Market conditions and trading

Market conditions remain favourable with continued demand for new homes across
the country. Accordingly, the Group has taken an average of 139 reservations
per week (2014 - 137 per week), a slight increase compared with the same period
last year. As expected, the rate of private reservations has slowed compared
with the first half of the previous financial year, which benefited from
particularly strong sales demand due to the initial surge in activity following
the introduction of Help to Buy.

[taffee] 10/2/2015 06:59

Hedge funds bet on London downturn which is relevent as over 25% of all
Mortgage money is held there...London falls could be a catalyst to a correction
Slump or crash