Barratt Developments Share Discussion Threads

[wendal_89] 17/7/2018 21:26

5 stars for 9 consecutive years...

“HBF Customer Satisfaction Survey 2018: Barratt Group is the only major national housebuilder to retain a 5 Star rating for the ninth consecutive year”.

[cbr60000] 13/7/2018 18:50

Glad to see a reversal of recent downward trend, agree with Phillis, good value. ( SIPP Funded, so my outlook = med-long)

[dr_smith] 13/7/2018 10:04

Today BDEV up 1.84% and other builders up circa 1%, so I flick to news to see why.
Trump..zzz..brexit..yeah yeah.. nothing else that I could contrue as influencing sector.. (yep pound dips)..
So - it seems to be a delayed response the bdev's outlook not being record breaking, but better than expected, in itself remarkable on background of low sentiment, with some favourable read across to peers.
..or have I missed something?
Maybe, hopefully, city boys are recognising the low sentiment assigned to sector is without justification (after factoring in known anomolies and peer differences).
IMO as LTH :-)

[salver2] 12/7/2018 14:25

I hope taffees closed his short - these are a steal at thes levels!

[phillis] 12/7/2018 10:53

outstanding value

[elpirata] 11/7/2018 13:55

at current share price the full year yield inc.special divi is now pushing 9% - I'm in

ie further in !

[dr_smith] 11/7/2018 10:33

Sentiment is currently down on housing sector.
IMO Todays Trading update shows the negative sentiment is without justification.
The outlook is good, though no figures/substance given, other than higher volume and better/refined margins in medium term.
If sentiment is shown to be without foundation, share price should be 20% up to long term share price trend, circa 550-600.
Peers like BKG have been hit as London centric. CRLN were into sloppy outsourced government road (and other) contracts, with GFRD picking up tab for CRLN management (not market) shortcomings. So this may be cause of some negative sentiment.

BDEV is none of these, so feel poor sentiment is unjustified.

There have been reports (BKG) that profits have peaked. That does not mean there will not be good profits in the future, only that they have peaked..and once again, this is in context of being London centric.
So.. I happily remain a LTH woth BDEV.

IMO :-)

Dave (middle name Russell, not a Doc)

[spcecks] 11/7/2018 09:26

Happy with that trading update.

[nav_mike] 11/7/2018 09:03

Seems the rise on v good figures is being sold into

Looking for an entry point around here, but they sure picked an unfortunate day to release their numbers

Only seems to be one shorter over 0.5% (Henderson Global) but they appear to be shorting many of the housebuilders

[cwa1] 11/7/2018 08:17

Why I'm bullish about BDEV:-

[cwa1] 11/7/2018 08:14

Well that doesn't seem as awful as the recent share price weakness seemed to suggest. Shame it has come on a market fret day though. Still, onwards and hopefully upwards.

[unastubbs] 11/7/2018 07:39

trading update looks to be very good. no doubt the shares will be thrashed!

[rwlly] 10/7/2018 18:24

Perhaps Woodhawk can inform us, because apparently I have not got a clue.

[cbr60000] 10/7/2018 18:12

When's the drop gonna stop ?

[dr_smith] 09/7/2018 12:00

Hiddendepths.
I assume you have looked at "sold prices" rather than "asking prices".
Rightmove link here..filter for last year.



Stamp duty seems to be a killer making it more worthwhile for many to extend/improve where they are, rather than move somewhere bigger.
Being top end naturally means longer chain below,so more porblematic to get top end buyer.

Many big houses here in Dorset are bought to convert into flats.
As property is less affordable, I expect this to be an ongoing trend.
I expect/hope this property down cycling is avoided in the Cotswolds, but that also means fewer potential buyers for your home.

[taffee] 09/7/2018 11:24

wow...this is a license to print money for us bears

no pun intended!

[action] 05/7/2018 22:42

After hrs selling

[hiddendepths] 05/7/2018 12:52

Brexit is biting! I'm trying to sell my house at present - despite realistic pricing (15% lower than our price in the autumn) there have been no nibbles. It's a seven figure house but in the Cotswolds where the market is anecdotally strong. Savills tell me the market is "rubbish" and they are forecasting a decline everywhere next year.

My personal view fwiw is that people are deferring big ticket purchases, especially houses and cars, as they feel very uncertain about what will happen after Brexit in March 2019. I suspect that it'll become abundantly clear only a month or two after that and confidence will return surprisingly quickly. The anxiety is clearly manifest in investors' attitudes to the housebuilders and I would be surprised if the decline doesn't continue, even if the results are strong. However, I believe that the sector is fundamentally cheap and the recovery next spring should be substantial.

I had a lot of BDEV among others until a couple of months ago but sold the lot. I'm looking to get back in but am sitting on my hands until it's clear that sentiment is changing.

[salver2] 05/7/2018 10:47

You know as well as I do that the graph of the share price is not your argument!

[taffee] 05/7/2018 09:41

Well the share price has dropped from 700p to under 500p which means
The bears have made money and the bulls are wrong

[salver2] 05/7/2018 08:31

Great reports from persimmon and bovis barratt next week - sales very strong taffee- you are wrong again———.

[salver2] 04/7/2018 17:47

Oh rage what a bore - expect a bounce in the shares soon - taffee is the best counter indicator out there

[action] 04/7/2018 17:40

After hrs buying