Barratt Developments Share Discussion Threads

[kevph] 11/1/2018 14:20

Yet again, another fine set of results. Thanks BDEV. Share price doing its normal thing today but the future looks good

[hiddendepths] 11/1/2018 08:34

Seems the market doesn't like the trading update. Really solid figures IMO but limited growth. Still, the company's shucking off so much cash and returning it to shareholders that it's hard to fault it. And they're still managing to buy up land at good prices so the show will apparently go on for some years yet before the inevitable cyclical downturn.

Looks very good value to me and I'm about to top up.

[aa2018] 05/1/2018 08:18

"Residents of Sienna Alto,Barratt London have requested that I share the following information with you;The following items have been identified as post completion defects following an investigation undertaken during routine maintenance works of the development: On floors 24 and 25 possible omission of vertical fire break in cavityOur investigations have determined that vertical fire breaks between the party walls and the external cladding had not been adequately provided at the time of construction. These have now been properly installed to the majority of the perimeter of the properties on level, Barratt London are to return and complete the remaining fire breaks to party wall locations and thermal insulation to concrete within fins, estimated start January 2018. Possible omission of fire break to full height vertical fins to front of buildingA detailed review of the fire precautions throughout the building by our fire consultants has determined that once the works detailed in item three are complete, additional fire barriers within the fins are not required.Investigations needed to clarify detail of the junction between party walls and cladding.Investigations thus far undertaken indicate that vertical fire breaks between the party walls and the external cladding had not been adequately provided at the time of construction.Based upon these findings, we are to investigated every party wall junction and remediate as necessary. A remedial detail has been prepared by the Architect to provide a Building Regulations compliant fire brake, which can be installed from the outside and involved very limited disturbance within the apartments.Barratt London are to return January 2018 to conduct further invasive investigations and remediate if required. Access to all balconies and all levels is a necessity with the possible temporary removal of division screens and decking to carry out works. All areas will be left safe and secured at the end of each working day and returned to their original state. To apartments adjacent to the fins possible balustrade glass removal may be necessary, all areas will be left safe and secured. All glass removed with be replaced. Investigations needed to confirm external wall insulation.All wall insulation materials within the area that has been subject to remedial works, have been confirmed by our consultant team as suitable and meet the requirements of the building design and Building Regulation.You will also be aware that we are carrying out other investigation and maintenance works to the development, which are ongoing. These include investigation works to spandrel panels and maintenance works to the balcony glass, the solar shades, sills, balcony drainage and copings. It is planned that these works will be completed early 2018."

[bigmike100] 12/12/2017 10:36

many thanks guys

[karateboy] 12/12/2017 09:58

Next trading update 11/1/2018. Interim results on 21/2/2018.

[dr_smith] 12/12/2017 09:24

From my notes:
22/2/17
24/2/16
25/2/15
and via google in 2 clicks:

21/2/18

[bigmike100] 11/12/2017 23:44

when are the half year results due

[karateboy] 11/12/2017 15:50

I expect/hope the half year result is as good as BKG.

[podium] 28/11/2017 15:29

Just bought some. Seems a fairly large over-reaction to the budget, so suspect just the hedgies shorting away on mass. Good sales, good profits, good divis, good demand.

[zulu_principle] 24/11/2017 16:17

Also means they'll be saved those "We pay your Stamp Duty for you" offers on sub-£300k new builds. As always, decided to buy back in at exactly the wrong time but happy to wait this one out - good dividend prospects, also a relatively small land bank from what I've read.

[cupra kid] 24/11/2017 14:59

They're saying abolishing stamp duty for first time buyers will raise house prices. Could this mean they begin to be less affordable for buyers? I doubt it.Mortgage rates historically low and a bit more easier to obtain now will ensure strength in the housing market. Coupled with a national housing shortage and the governments demand for 300k houses per year.Sub 600p is a bargain imho

[taffee] 23/11/2017 05:20

Oh dear the last thing builders want is to build more houses!

[amt] 22/11/2017 20:40

Chancellor after land banks.

[rwlly] 22/11/2017 17:55

Buget not gone down very well.

[mrphil] 31/10/2017 11:43

Can't see anything on the BDEV website about this, would be nice to get their take on it

[michaelbinary] 26/10/2017 15:36

yes lovely special dividend as well. Today is a very happy day.

[113mike] 26/10/2017 14:32

There was also an additional special 17p div

[arja] 26/10/2017 14:29

whoops , droppedm much more than the 17p vividend but building stocks off today anyway.

[vatteton] 25/10/2017 16:17

doubleorquits
you are absolutely right I was 24hrs ahead of myself

[doubleorquits] 24/10/2017 16:46

VATTETON - not tomorrow so would be lucky to see those prices I would think.

Maybe Thursday though!

[vatteton] 24/10/2017 16:43

I hope you guy's have laundered in to-morrow's divi,i
have buy orders in at 630.50/665.50 looking for cheap stock..

[wi1l] 19/10/2017 16:18

GFRD is another one with a good divi coming up 26/10.

[wi1l] 19/10/2017 12:27

I do the same and it works quite well, often buying a few days prior to exdiv and selling day before. You don't make a lot each time but it seems quite a good way of earning with reduced risk as you are only briefly in the market. My way anyway as have been badly burnt in the past buying and holding. Not sure whether to buy a bit sooner with this one as its quite a good dividend and there will be a few others with far more than me interested in it.

[hiddendepths] 19/10/2017 08:01

To be fair, these days many yield stocks rise sharply ahead of ex dividend dates as yield funds need income. They then fall by more than the amount of the dividend as the same funds sell out. I occasionally sell immediately before the shares go xd (at what is an artificially high price) and buy back the following day at an artificially low price. It usually works but is sometimes marginal. I sold part of my holding yesterday and am expecting to buy them back after the divi.

[robbiereliable] 18/10/2017 13:32

Making a statement such as "the share price will drop equivalent to the dividend payout". That is one of the most basic financial principles and applies to all shares. Using the threat of the drop to portray doom and gloom is just a shorter trying to cut some losses.