Barratt Developments Share Discussion Threads

[hiddendepths] 18/10/2017 11:46

The reason for the rise is that people realise that the UK is chronically short of housing and housebuilders will do very well over the next decade at least. They're highly cash-generative, pay out excellent dividends at a time when it's hard to get yield, are on a very modest rating even after the rises, and are less prone to cyclicality than hitherto.

And houses are are about midway in the affordability charts. Sure, if interest rates shoot up it could get bad - but with debt of all kinds where it is the chances of any more than a modicum of tightening are low.

What not to like?

[podium] 18/10/2017 11:27

For once a prediction that you have a half decent chance of being correct with, and we don't have to wait a decade. :) Naturally, shares do tend to get a knock when they go ex-divi. But I suspect it will be a short lived one here.

[taffee] 18/10/2017 10:47

the reason for the rise is most shorts have closed(i.e bought the shares) otherwise they have to pay the dividend on 27th October(xd) date and the special cash payment I think

The market is so dysfunctional the sp500 is now around the same p/e as at the height of dotcom boom! and the vix is at an all time low during a time of emergency economic measures..what could go wrong!

The share price should drop around the same amount as the dividend(s) on xd date

hxxp://www.barrattdevelopments.co.uk/investors/shareholder-centre/dividends

[willoicc] 17/10/2017 12:08

What happens when interest rates go up?

[salver2] 16/10/2017 17:02

I think five years is generous for taffee nearer ten!!

[shutittrev] 16/10/2017 13:26

Taffee ....the same tired narrative and still BDev goes up. You should give this game up pal. You are no good at it. 5 or so years of your life talking this and other housebuilders down and they have done the exact opposite. Quit pal. Just saying like.

[salver2] 16/10/2017 09:14

His clients have no money left to make a good case !!

[taffee] 16/10/2017 06:34

Anything can happen on the stockmarket and nothing is a one way bet
Odey makes a good case... Time will tell... All the
Evidence is out there that things are bad even today
The ons says we are half a trillion poorer than we thought and there are
Warnings about debt and housing bubbles on a daily basis.. Ignore
At your peril

[salver2] 13/10/2017 09:01

I was wondering how the shorts were going as this breaks to new highs - virtually every hedge fund manager - crispin odey for example has lost 60 percent of his clients money - one of britains largest - it still amazes me how people invest - the only proper way is to buy a quality share at a good price and then sit back and let the market take you where it takes you and keep reinvesting the divis!!

[volsung] 10/10/2017 12:31

this is a short now. Directors know when to take profits

[podium] 07/10/2017 09:02

You realise that's not a scoop? 100-odd members. I've seen a Taylor Wimpey group with 1000+ disgruntled buyers. Anybody who has ever bought a new build will have a story or two (or twenty two!) to tell on defects.

[shauney2] 06/10/2017 09:03

Credit Suisse upgrades to outperform.New target 702p from 578p

[sandeep67] 06/10/2017 08:46

Lots of directors across Housebuilders have called the top. I'm setting Short day before Dividend day

[taffee] 06/10/2017 05:20

These are unprecedented times that's for sure
The consequences of which are unknown but likely to
Be not very nice!

[rwlly] 05/10/2017 14:08

Never mind taffee, if the latest round of help to buy does not work, maybe the government will step in and give first time buyers a cash incentive to keep the market moving. they will try anything to stop this Ponzi scheme from collapsing.

[salver2] 04/10/2017 11:57

Nonsense actually taffee - outside London houses are more than affordable - do the maths and even with an interest rate rise or two or three are more than affordable!!

[taffee] 04/10/2017 11:17

shareprice has been up and down so opportunities long and short..who would have believed emergency rates would last 10 years? along with all the other props?

What I am right about 100% is the uk is in an unimaginable credit bubble from which there is no escape when it bursts...signs are its bursting now

[salver2] 03/10/2017 18:11

Wrong for 10 years in a row taffee !!!

[taffee] 03/10/2017 11:32

lol...more props on top of near zero rates,fls,qe help to buy etc etc etc

economic lunacy....not guaranteed to work either ...when this bubble pops its gonna be spectacular!...and probably take the banks down with it

[salver2] 03/10/2017 09:31

taffees been reduced to ceos sold a few shares - even that looks like a mistake doesn't it taffee !!

[armourer] 03/10/2017 08:29

Fairly high volume, will look to this session to confirm breakout. Extreme territory on Bollinger bands so may get a retrace.

[hiddendepths] 03/10/2017 07:45

Well, it looked like a duck and quacked like a duck - did the volume suggest it was a chicken?

[armourer] 02/10/2017 10:39

Breakout will depend on the day's end volume.