Barratt Developments Share Discussion Threads

[gill17] 29/9/2022 10:05

I think things will stabilize next week once the press stop talking about doom and gloom. If the BOE had raised interest rates again this week, we would be in a worse position. I think the Govt are gambling on energy prices falling which will reduce inflation across the board and mitigate the need to increase interest rates as predicted. As a business owner of 30 years (residential letting and property management), I'm pretty happy right now. Market manipulation of prices is what it is, a manipulation, but I am only invested in strong companies who pay a dividend and have free cash to buy back their own shares.

[whatsthepoint] 29/9/2022 10:04

This could fall to 2008 levels housing is doomed sector as the economy is about to fall of a cliff.

[creditcrunchies] 29/9/2022 10:02

It tends to overshoot exdiv so quite a few wait for it to bottom out before jumping in if you're looking for capital gains only. If it's your pension fund you ride it out that appears to be the norm

[dilly4] 29/9/2022 09:45

Buy in at 220

[hopefuldave] 29/9/2022 09:37

Having said that, I might just get in and buy some more!

[hopefuldave] 29/9/2022 09:33

Yes,we’re all aware that the price drops on ex day to make sure you don’t benefit from the dividend and make a profit on the share price. Normally it will recover, but there’s a lot of bad times ahead I feel.

[ed gasket] 29/9/2022 09:27

XD today plus market down generally

[clarky5150] 29/9/2022 08:23

What has happened this morning to create the massive gap down??

[wskill] 28/9/2022 16:28

PSN is also up 2.8% and does not have a 7% divi attached .

[creditcrunchies] 28/9/2022 14:51

Back to normal service two glasses of red please waiter lol

[davethehorse] 28/9/2022 14:02

Back to BLUE ;-)

[gill17] 28/9/2022 12:34

The other silver lining is that the Company will buy back shares much cheaper, good for shareholders I feel.....

[davethehorse] 28/9/2022 12:01

Dropping back now though...

[gill17] 28/9/2022 11:51

I added this morning at £358, regretted is for a while when it fell further, but now I'm very happy to get a 7% dividend and potentially make a profit in the future!

[davethehorse] 28/9/2022 11:38

Wait for the full government policy U turn to follow soon..

[davethehorse] 28/9/2022 11:21

BoE intervention

[creditcrunchies] 28/9/2022 11:06

It's a fire sale nobody will buy a home ever again lol

[davethehorse] 28/9/2022 11:06

Big style...

[davethehorse] 28/9/2022 09:23

Buying coming in now

[shaf200] 28/9/2022 08:52

Priced in... so that 7% drop will follow

[davethehorse] 28/9/2022 08:38

But what about the 7% divi?