Barratt Developments Share Discussion Threads

[drectly] 25/3/2022 21:49

Moved back into these after quite a while.It does look a potential falling knife, but the cash it generates v the price means I think it will support the price and provide a good long term income . Time will tell if waiting a bit longer would have been smart.

[lima666] 25/3/2022 21:23

Id imagine the amount of people who have prize muppet buywell 1,2 and 3 etc filtered must run into thousands

[cwa1] 25/3/2022 10:41

TBH I'm a bit stunned that there's still anyone left that hasn't got Porsche on filter!

[porsche1945] 25/3/2022 10:13

BOE and useless fat idiot Bailey hopeless as ever waited too long to get an inflation grip with interest rates, Sunak the total imbecile handed out a fortune in covid payments 52 billion of which they estimate was fraud that will never be paid back ( equivalent to 4 years of all vat collected ). Rates will have to go up a lot more, parabolic inflation and crazy high taxes both direct and indirect. Brexit fiasco/covid/Putin, no wonder sterling as wrecked as it is. Outside of London ( higher productivity) the rest of the U.K. is pretty much doomed, chickens coming home to roost. U.K. energy poor ( buys 34 pc of it’s electricity from France….taking back control haha ) so that will be the catalyst for a serious recession. House builders likely to see valuations at 2007/9 to 2012 levels….problem with buying cyclical dividend over quality large cap growth. I’d be dumping these, not much point buying shares for a 6 pc div to lose half your capital. Ftse only 500 points above where it was 21 years ago, terminal.

[buywell3] 23/3/2022 09:02

Check house price charts for both countries and you will see blacksmith





Housebuilders nearly all dropping today as many other sectors rise

IMO fight this at your peril

Rising rates are coming --- again and again and again

The market is starting to price this in but imo are playing catchup with inflation heading to 8% plus and still rising

[rwlly1] 21/3/2022 17:56

We are fairly well correlated with the US at the moment. You have got excessive Quantative easing.
Interest rates far too low for far too long.
Andrew Baily and Dishy Rishi both should be sacked for creating an unsustainable boom in assets.
It is dead easy and popular to throw money around especially when its not your own. We will see how Dishy he is when he tries to claw it back again.
But one off the main injustices off it all, is most of the money ended up in the hands of the wealthy, And now they want rich and poor to pay it back

[medieval blacksmith] 21/3/2022 11:17

buywell

The US property market isn't correlated with the UK housing market other than through the events that correlate them. All because the housing market is doing such and such a thing in the US doesn't mean it will happen here. It depends on the issues driving the market. Also, the US is more regional than you think, as is the UK.

[buywell3] 20/3/2022 22:45

To show no bias

What happens in America and what is happening in America will result in what happens in the UK --- if you do your research you will corroborate this fact


The number of USA houses that were for sale has just risen by over 13% in feb year on year

ie Supply is now accelerating as the wise yanks want to cash in their brick piles

USA house/condo sales have dropped year on year for the last consecutive 7 months in a row

ie Demand is weakening

Ref New Builds or Houses under construction in the USA --- unsold numbers are now at 2008 levels and up 70% year on year --- this coupled with massive increased costs due to raw building materials causing stalls in many new build projects

Many USA builders could go bust if these remain unsold

Supply of new builds grows as existing sales of old/ used houses stalls

Inflation in the USA is now at 40 year highs

The FED plans to do another 6 rate rises in 2022

The 30yr fixed mortgage rate stands at circa 4.4% now and is thus on track to hit 6% by the end of this year

Inflation is not going away and the FED wants it at 2% --- next month it will likely hit 9% and still rising



The USA property market is now in top end bubble territory and soon to pop

The UK property market follows the USA with a lag of 12 months

dyor

[mickinvest] 05/3/2022 00:12

What don't you understand Trevor, gas/electricity prices are up £800 and will rise the same later in the year at this rate, NI rises in couple months, food and petrol are going through the roof, the vast majority of workers are losing all of their disposable income.
As it stands, the UK is left with huge debts entering a depression, certainly worrying!

[cwa1] 04/3/2022 20:01

Hi trevor 1234

Not sure if you'd spotted it-but there's something close to world war 3 breaking out in Europe. I think THAT might have a bit to do with why BDEV is down by as much.

There are one or two other shares that have dropped a touch too recently...

[trevor1234] 04/3/2022 17:50

Don't understand this, down 200p from start of year
House prices still on the up .I know raw materials and labour costs are higher and I know houses are becoming more unaffordable what with wages not keeping place with inflation etc but the demand is still there at the moment

[888icb] 03/2/2022 08:25

Barrett’s recovering well looking like the fifth day in a row of rises.

[18bells] 24/1/2022 21:59

Whilst you "like" Barratts remember there are 1,000s of leaseholders who have a very different view of the Builder.It seems a many builders have stuck one finger up at their customers who now have lost trust in an industry exposed to cutting corners. How can it be possible so many buildings in recent years have missing safety features ie fire barriers? Its about time the share price reflects some reflection to the misery relating to the ews scandal. Lets hope PP wins the vote.

[diarybeach] 24/1/2022 19:32

Blimey. I thought my portfolio looked pants but this was a grim day over here.

I like Barratt and TW but it looks like someone’s bailing or knows something so one added to my watch list until things have settled.

[kanwar] 20/10/2021 10:38

Spoke too soon.

[kanwar] 14/10/2021 15:15

Finally, ftse going in the right direction!!

[glasgow13] 28/9/2021 15:39

Interest rate talk.

[big_cat] 28/9/2021 14:04

Any clue as to why the share price continues going down when there are consistently more purchases than sells? Have I missed a trick?

[big_cat] 17/9/2021 15:46

Thanks Glasgow

[big_cat] 17/9/2021 11:34

When do the shares go ex div?

[makinbuks] 09/8/2021 11:42

Yes that is correct and "after"

[silverjohn5] 08/8/2021 13:53

could i ask for some advice please ?
barratt say they are targetting 2.5 times. does this mean profits will be 2.5 times greater than the divi they pay out ? and also is this profit before tax or after ? thank you.