Barratt Developments Share Discussion Threads

[cockneyrebel] 19/2/2015 16:05

Yep, aware of that Gill17 and I think you're right re London property.

CR

[gill17] 19/2/2015 16:00

It's certainly a London wide initiative as we don't have available space to build on. However I live just outside London and we are being forced to build on the Green Belt if there are no other sites available. The pressure for houses and flats up here is immense, but I can't comment on the rest of the UK.

[lauders] 19/2/2015 15:34

Should make it through a fiver before results I would hope. Then hopefully on to new highs while waiting for the divis and capital return. I can live with that ;-) You may have a good point there Gill17 if it really is a widespread fact you are seeing and not just a local one?

[gill17] 19/2/2015 11:58

CR-I know that you are also interested in a lot of commercial property companies. My experience from living in London is that there is a lot of proposed developments to turn office blocks into blocks of flats, in fact it is happening to several blocks around me.The planning consent seems to be readily available. This will result in less office space for rent and push yields up. Will this make the commercial companies a good buy going forwards?

[cockneyrebel] 19/2/2015 10:53

of course you have taffee - all these stop losses then reopening trades are not costing you anything - rather like having to pay the divi out when you're short.

You're in denial imo.

RDW director buys 15K - obviously the directors have less of a clue than you taffee.

CR

[montyhedge] 19/2/2015 10:40

All house builders will be strong next week.

[taffee] 19/2/2015 09:49

Made more than I've lost as I use stop losses...hindsight is easy....like
I've said bulls think we are off to the races bears think we're on the verge
Of another credit crunch and we are in a credit bubble.

They cannot raise rates because the house of cards will collapse...that's a
Clue to the real state of affairs...banks have been pushed to lend into
The biggest bubble of all time...scary stuff

[cockneyrebel] 19/2/2015 09:38

taffee - have you only just realised that interest rates are that low?

Do you not think the fact that rates can now be raised slightly signals an improvement and start of a return to normalisation - ie, things moving in the right direction?

You're looking down the wrong end of the telescope imo - but you obviously know it all - you've been short during a £2 rally and still can't admit you were wrong.

CR

[arja] 19/2/2015 09:08

another lovely looking chart even though it moves quite sedately and in small moves as does ITV which also has a nice chart !

[taffee] 19/2/2015 06:09

Come on..if everything was okay we wouldn't have near zero rates help to buy
And other props....government debt would not be £1.5 trillion and we wouldn't
Have a £100 billion deficit.

Reality is things are really really bad and when things turn nasty its gonna
Be very nasty...we are in a massive credit bubble which is likely to burst

[cockneyrebel] 18/2/2015 21:20

You're wrong actually Taffee - it was the banking crisis that caused that. If you want to look back at previous bull mkts, like back in the 80's, the mkts rallied on a rate rise as it meant the markets were actually strong enough to accept a rise.

Also co balance sheets are at their strongest in 60 years, with many co's net cash - so a rate rise doesn't hit them as it may have done in the past. And rate rises are likely to be modest - we aren't talking about Greenspan's 1% a month - 1% would probably be over a year with the current rate levels imo.

Just for you:



Home prices at record high outside London despite warnings of a slowdown - and experts say they could continue to rise

The average UK house price reached £272,000 in December
It's £2,000 less than at its peak but £1,000 more than November

[taffee] 18/2/2015 10:30

Funny that when rates rose in us and uk stock markets plunged 50%!

[cockneyrebel] 18/2/2015 10:19

LoL taffee:

"Economists expect Chinese growth to slow to 7pc this year. It is the once booming property sector that has turned into a bust, and is now dragging down the wider economy as the bubble deflates."

this week Chinese property prices rose!

Rates will start to rise as food and oil prices start to rise but that's what normal economies do.

You might want to look back in history but when interest rates start to rise stock markets start to rise too - it shows pricing power. It's when inflation gets out of hand that markets retreat.

CR

[taffee] 18/2/2015 09:45

Lol...great employment figures this morning...so why do we need near zero
Rates and help to buy or other props....why do we have 1.5 trillion debt
And 100 billion deficit?

Bulls think off to the races bears think crunch 2 on its way

[cockneyrebel] 18/2/2015 09:15

New highs Taffee - you must be enjoying this the way you can make so much money shorting on a rally like this :-)

Results a week today - get the morphine out!

CR

[cockneyrebel] 18/2/2015 07:42

Rather good statement and divi hike from GFRD - the start of a line of good builder statements imo.

CR

[tudes100] 18/2/2015 07:20

Really encouraging that pace of sales has increased since start of the year. Housebuilders showing strength so should see more progress in the run up to next Wednesday.

[1gw] 18/2/2015 07:11

Reasonable if brief outlook statement from Galliford Try this morning. No doubt more on the call later on.

"Linden Homes’ sales rate has increased since 1 January 2015. Housing market conditions remain good and we are optimistic about the prospects for a number of recent and forthcoming sales outlets."

Edit - ...and a bit more under the "operational review" section:

"Housing market conditions remain good with growth having moderated to a more normal and sustainable level. We have been encouraged by the sales rate since the start of the year and will be looking to capitalise further with the average number of outlets increasing from 67 in the first half to 75 in the period January to June 2015. Mortgage availability and affordability continues to improve and benefit from the Government’s Help to Buy scheme. Whilst supply chain conditions continue to be challenging, the availability of materials has eased."

[hubs] 18/2/2015 06:43

Financials page doesn't seem to say when next ex-div and payment dates are. Can someone inform? Thanks very much.

[lauders] 17/2/2015 00:48

Agree CR the more people move the more they want to make important areas of teh house like the kitchen "their own". Out with the old and in with the new. Probably more scope and business in this area than with the house builders who probably don't use HWDN, or do they? Would be interesting to know where the likes of Barratt Developments, Crest Nicholson, Persimmon, Taylor Wimpey etc... source their kitchens. Any use HWDNS?

[cockneyrebel] 16/2/2015 17:30

Gleeson tomorrow an Galiford Try on Weds too this week.

CR

[1gw] 16/2/2015 13:25

Deluge of updates next week I think including at least:
Monday: Bovis full year
Tuesday: Persimmon full year
Wednesday: Barratt interim

If they all confirm the view from recent updates that 2015 has started strongly, maybe even Jefferies will reconsider...

[cockneyrebel] 16/2/2015 12:43

Close your short taffee - results next Weds.

CR

[cockneyrebel] 16/2/2015 12:20

The Rightmove storry good news for HWDN too Lauders, imo.

More moving, more kitchens :-)

All imo.

CR