Barratt Developments Share Discussion Threads

[dr_smith] 17/9/2018 18:09

Do you like pretty pictures with your annual reports?
Out today:


Dave.

[masterblaster] 13/9/2018 10:31

Got in just above £5.50 great dividend to come and can see this above £6 by xd day

[walbrock82] 06/9/2018 05:22

Should you continue to hold homebuilders’ shares? Barratt Development is showing signs it is approaching peak business cycle.

[cwa1] 05/9/2018 07:24

Results out:-



Current trading



· Forward sales (including JVs) up 11.1%, as at 2 September 2018 at £3,054.0m (3 September 2017 at £2,749.9m)

· Net private reservations per active outlet per average week from 1 July were in line with the prior year at 0.75 (FY18: 0.74)

Commenting on the results David Thomas, Chief Executive of Barratt Developments PLC said:


"The Group has had another outstanding year delivering a strong operational and financial performance, and our highest volumes in a decade. As the UK's largest housebuilder we are helping to address the country's housing shortage - creating jobs and supporting economic growth whilst continuing to lead the industry in quality and customer service.



Our continued focus on operating efficiencies and margin initiatives is starting to deliver and we have today announced new medium term operational targets reflecting our confidence in the business going forward.



The Group starts the new financial year in a good position with a strong balance sheet, healthy forward sales and robust consumer demand supported by a positive mortgage environment."

[dr_smith] 01/9/2018 13:10

FY results on Wednesday.
hxxp://www.barrattdevelopments.co.uk/investors/financial-calendar/upcoming-events

BKG have TA same day.

I believe low sector sentiment is unjustified and rectification will be gradual.
I am hoping the double whammy of sector news will initiate that transition.

Reading that back to myself, I sound like I am reading tea leaves!
I see a tall floppy haired man approaching through the mist, he seeks the WTO. ;-)

Dave.

[rwlly] 29/8/2018 11:18

Looks like nobody takes any notice of Citigroup.

[cwa1] 29/8/2018 08:17

Looks like Citigroup have issues a sizeable upgrade:-

29 Aug Barratt Developments PLC Citigroup Buy 545.20 530.00 634.00 Upgrades

With 530 being the old target price and 634 the new one.

[phillis] 28/8/2018 10:42

more rubbish posts
NB
"We have seen better than expected year end trading in Central London. Since our update in May we have legally completed 190 private units from wholly owned Central London sites at an average selling price ('ASP') of c. GBP1,190k. We now have just 145 private units remaining on these sites.

[porsche1945] 26/8/2018 11:49

Woodford loaded up on this housebuilding dross, at top of cycle, so certainly time to exit as his loser picking is unrivalled, one way these builders are going and their special dividends with them, only thing that has been propping them up is the stupid help to sell scheme which is likely to end in tears along with the brexit fiasco. Estate agents going bust the canary in the coalmine, 2007/08 all over again.

[porsche1945] 22/8/2018 13:57

Barratt way too exposed to London market, last recession went from 12 quid a share to under a pound and then did a highly dilutive capital raise. Will be sub 3.00 a share by next summer, UK brexit basket case property market is already starting to tank, rising rates, weak sterling sucking in inflation, low wages low confidence, it writes itself, estate agents going bust every week the canary in the coal mine. Plus Woodford having a large holding is the kiss of death.

[cbr60000] 21/8/2018 14:25

Large £1.08m trade just gone through, interesting.

[rwlly] 09/8/2018 10:39

The way the pound is falling, The BOE may have to raise rates higher than expected, which will not be good for builders.

[philipo1] 31/7/2018 07:30

Housebuilders could shine today on the back of TW. half year results

[cbr60000] 25/7/2018 18:39

Better day today, looks to be getting back to previous and bettering, happy to hold.

[barrattsvictims] 25/7/2018 08:13

CMA released its report relating to heat networks. Report raises the issues developers are not always provided the best option. CMA warns any unfair trading could be investigated and punished. Did Barratts at any time provide a heat configuration that may cause an unfair financial loss to customers? Watch this space!!!!

[cwa1] 25/7/2018 08:06

Barratt Rated New Buy at Berenberg; PT 6.70 Pounds

[taffee] 24/7/2018 17:44

It was on housepricecrash Google it

[shauney2] 24/7/2018 11:12

"Rightmove saying increase of sellers causing slump"

Do you have a link for that Taffee?

[taffee] 24/7/2018 05:55

Reports of record down valuations and
Rightmove saying increase of sellers causing slump

All across media yesterday and last week!

[markyd60] 24/7/2018 04:32

I was also hoping someone could shed some light!

[cbr60000] 23/7/2018 17:06

Can't see any reason (have looked) for the 3% drop today, any views?

[wendal_89] 20/7/2018 12:02

Barratt Developments 60th anniversary eBook: