Barratt Developments Share Discussion Threads

[cockneyrebel] 08/5/2015 14:06

Hitting the highs of the day, nearing new highs - trading update on Weds.

CR

[alphabeta4] 29/4/2015 23:49

Looks like lack of supply to continue:

[taffee] 23/4/2015 08:51

Looks like a market top forming...tw update good but market thinks this is as good as it gets.every single prop imaginable has been thrown at this market and the
Market senses things can only be downhill.from here...imo

[moneybags] 22/4/2015 20:22

Blessed be the divi takers,For we are a goodly bunch.
Tis a goodly morn that cometh,that is ex divi , and make 'uth' lots of groats.

Aye, Moneybags

[lauders] 22/4/2015 01:49

Pattern of higher highs and lower lows developing here. If it continues then fine by me ;-) Ex-div date this week if memory is correct, and dividend payment due on 20th May.

[shutittrev] 21/4/2015 13:08

You really are an incredible bore Taff......nothing personal mate.

[taffee] 20/4/2015 08:28

Why not comment on the article?..try to argue the point not the person

[william_quinn] 20/4/2015 07:57

Taffee, you sound like a man who needs convincing by others.

[taffee] 20/4/2015 07:50

Spain Dubai U.S. Ireland all over again?

[jpfd] 16/4/2015 16:46

hxxp://bilbo.economicoutlook.net/blog/?p=30651

Rubbishes the Guardian article

[cockneyrebel] 16/4/2015 10:36

RICs say house prices prose in March, 0.4%, faster than the 0.3% in Feb.

Good to see you posting taffee - must be due another rally then.

PSN statement today rather good imo.

CR

[taffee] 16/4/2015 10:08

But how sustainable is all this?....it's all built on props...bears think things
Are really bad..which they are

[1gw] 16/4/2015 09:27

taffee - that's 6%/7% growth in both revenue and sales rates per site against strong prior-year numbers and at a time when some commentators had been expecting a pre-election slowdown to be evident. What more could you want (if you were a bull)?

[taffee] 16/4/2015 08:23

So with all the props they have growth of 6/7%!....God help builders share price if there
Is any change to near zero rates..fls....help to buy

[1gw] 16/4/2015 07:25

Good update from Persimmon.
"We have made an encouraging start to the 2015 financial year"
"...total forward sales revenue...being 7% higher than last year"
"...weekly private sales rate per site for the period was 6% ahead of the prior year"

although they do mention pre-election planning consent difficulties (as they had anticipated)

[1gw] 15/4/2015 14:57

That's me bought back the ones I sold on 10th. Hoping the Persimmon IMS tomorrow will trigger another leg up if they confirm the solid start to the spring season reported by other builders has continued in recent weeks.

[1gw] 10/4/2015 16:31

Couldn't resist selling a bit more given today's rise. I've not much left now in BDEV, but still not far under 20% of my portfolio in housebuilders.

[1gw] 10/4/2015 09:59

And taffee, here's something from the Telegraph on rising mortgage approvals to counter your Mail-inspired fears on mortgage demand:

'"We suspect that the weakening of housing market activity has now bottomed out and we see it gradually picking up over the coming months," said Dr Howard Archer, chief economist.

"This suspicion is reinforced by a third successive rise in mortgage approvals for house purchases in February reported by the Bank of England."

The Bank of England reported that mortgage approvals for house purchases rose to a six-month high of 61,760 in February from 60,707 in January, 60,258 in December and a 17-month low of 58,944 in November. '

[1gw] 10/4/2015 09:53

Not that I'd suggest anyone take Jefferies particularly seriously after their January call, but certainly a reassuring about-turn for the bulls.

'Jefferies said: "We are not suggesting that the UK residential sector is risk free, but in our view we have passed some of the key danger points. The election outcome remains uncertain, but empirically housing market activity picks up following an election whatever the electorate decides." '

[taffee] 10/4/2015 09:40

Demand for mortgages keeps falling but prices keep going up?...something not right
Here..reminds me of dotcom boom where prices kept going up as lack of sellers
Created a bubble...when the bubble burst amazingly there was plenty of supply as it
Was just a speculative bubble

[taffee] 10/4/2015 09:05

They say when the last bear becomes bull it's time to sell....that's Jeffries of
Course....not me...it's pretty clear to me that the housing bubble is unsustainable
Propped by near zero rates..fls...qe...and help to buy...what could possibly go
Wrong!

[salver2] 10/4/2015 08:56

Embarrassing about turn for brokers jefferies who about 2 months ago released 131 pages of guff about why barratt should be sold they now have had a change and upgraded them from 379 to 556 what has changed in the house market in those few months er - nothing and they get paid for this rubbish !!!

[shutittrev] 09/4/2015 14:24

Keep up the good work taffee......so long as it doesn't interfere with your ' village idiot' role, please do keep posting.
Nothing personal and best regards pal.

[cockneyrebel] 09/4/2015 13:46

Good to see you posting again taffee - you've boosted the share price today.

CR