Barratt Developments Share Discussion Threads

[gswredland] 05/7/2022 16:01

Interesting Beckers.Thank you.

[buywell3] 04/7/2022 01:23

TW. have just ceased buybacks

[medieval blacksmith] 01/7/2022 13:14

The rate on the outstanding stock of mortgages ticked up 2 basis points to 2.07 per cent in May. - FT

Really?

[medieval blacksmith] 01/7/2022 13:13

In fact, other data published by the BoE showed that the housing market was still resilient. Net borrowing of mortgage debt increased to £7.4bn in May, up from £4.2bn in April to sit above its 12-month pre-pandemic average up to February 2020 of £4.3bn.

Approvals for house purchases ticked up to 66,200 in May, from 66,100 in April. This is only slightly below the 12-month pre-pandemic average up to February 2020 of 66,700.

- FT

[johnrxx99] 01/7/2022 05:38

You might find interesting

[medieval blacksmith] 29/6/2022 10:13

Barratt have loads of cash and a very healthy land bank - balance sheet is not the same as it was 07/08 and onwards.

[beckers2008] 29/6/2022 09:47

Porsche45,

Around 60/90p you think you remember trading them, yeah you do remember, if you ever did, lol!
Yet another troll spouting BS, lol, just lol!

[porsche1945] 22/6/2022 10:45

Between 07 and 2013 these were around 60/90p I think….I remember trading them, TW got down to pennies, UK obviously facing massive recession, brexit fiasco, Johnson/Tory axxholes perma political mess like some third world shxthole, parabolic taxes/inflation/rising rates/nobody much seems to be at work anymore…..shortage of decent euro workers as they have all been sent home, credit junkie population….US markets already rolling over like 07. Sidelines on these, let all the builders tank, get in when theres blood on the bricks for the next pop. Persimmon getting really hard hit which I find odd as they and Berkeley are better businesses really, then these, TW always are shxt.

[creditcrunchies] 21/6/2022 09:25

I reckon we'll see a 31p dividend this year to be declared in September, there was a big jump in dividend in the interim. Stocko has got this on 88 out of 100 on value at these levels which is pretty good for a large cap, the divi yield is 7.28%.

[tornado12] 20/6/2022 12:08

I feel these offer medium term value at this price and brought a few. Will buy further if they drop near 400p.

[ram376s] 19/5/2022 11:14

Go up BDEV .300 nurses to train for GDR new game changer test .Multibag possible .News anticipated .

[tornado12] 09/5/2022 10:50

Could this hit sub 400p in the next weeks ? I think is a strong possibility and might enter at that point. Long term fundamentals I believe are solid … house ownership still remains a big pull for most and government under pressure to build more

[buywell3] 09/5/2022 08:27

Financials now stand on an edge of sorts

Builders need to provide piles of supports

All UK ones are now showing weak foundations

buywell expects that to spread to many nations

[sunshine today] 09/5/2022 06:50

U.K. pound V thev$ falling like a stone.

In the last two weeks alone, that adds 5% to the U.K. fuel bill, and imports.

[sunshine today] 09/5/2022 06:48

Agreed you land bank takes a 30% hit as well.!!

[horndean eagle] 08/5/2022 18:24

Not as easy as that ST. Build cost is less than 30% of sale price

[sunshine today] 08/5/2022 08:42

So they say build costs are going up 7% but don’t know the future .

Lol

Build costs are going up at around 15% to 20%.

They say prices are going up 7% for their homes.

A kid of 3 can see where this is going.

Price falls of 7% plus cost increases of 17% are enough to wipe out margins.

However just reversing the last two years of house price growth, will see this company taking a massive hit on land and work in progress.

[tornado12] 07/5/2022 18:03

Still not invested in house builders but to extend my portfolio I’m looking to start here. Plenty of cash and good order book. Black clouds are the inflation, interest rates , cladding issue and recession risk which reflects the current share price . I see it as a good entry point with current divi well covered. GLA

[spawny100] 06/5/2022 09:42

Nearly back to Covid lows. Got my eyes on the builders as a contrarian investment given they're being priced for a huge recession and housing crash. Just waiting for a decent entry point.

[cwa1] 05/5/2022 08:02

David Thomas, Chief Executive commented:

"We are seeing strong demand across the country for our high quality, energy efficient homes and our excellent operational teams are working hard to meet this demand. We expect to deliver full year trading results in line with the Board's expectations as we remain focused on growing towards our medium-term target of 20,000 homes a year, delivering high quality sustainable developments the country needs, creating jobs and supporting the economy across England, Scotland and Wales.



As our business grows, we remain committed to leading our industry in quality, service and sustainability and we are proud to be the only major housebuilder to be awarded 5 stars by our customers for the 13th successive year."

[unastubbs] 05/5/2022 07:59

thanks novision, the TS today is also very encouraging so given that and the very strong cash position I've decided to hold on - GLA

[novision] 03/5/2022 17:59

Una - If it's any consolation, overwhelming broker stance is "Buy" with a target price around 790p. Profit forecast around the £800m for the next 2 years, so ought to come back if you're patient...No guarantees of course!

[unastubbs] 03/5/2022 16:44

disasterous investment for me - in at £6. any advice here? i'd be happy to hold for the dividend but is it secure? what does the panel think? :)

[buywell3] 28/4/2022 00:07

buywell was helped long ago by Mr Ashley James so here is a heads up on the above chart

This is what Mr Market thinks

FTNMX501010 --- FTSE 350 Construction & Building Materials Technical Analysis

Summary:
STRONG SELL
Moving Averages: STRONG SELL --------- Buy(2) Sell (10)
Technical Indicators:STRONG SELL ----- Buy(0) Sell (10)


Do you rampers really think you know more than Mr Market ?

buywell lets it be a guide to decision making and suggests you do too

Very very occasionaly does Mr Market make mistakes , and when it does it is usually on single small cap stocks --- this from many many years of watching and waiting.

Mr Market does NOT make mistakes regarding FTSE100 or very BIG Cap listed companies

dyor