Share Name Share Symbol Market Type Share ISIN Share Description
Barratt Developments Plc LSE:BDEV London Ordinary Share GB0000811801 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 405.50 404.10 404.40 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 4,811.7 812.2 64.5 6.3 4,146

Barratt Developments Share Discussion Threads

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If that is what you believe just rent for the next 20 years then come back to me. Once you are on the ladder and you've reduced your LTV you'll weather any dips that hit the long term average price line. Property only goes down to release stock that are distressed. The population growth of the UK from 68 million to 80 million in 25 years means more homes than the targets set to local authorities as it is. Comparing US market with UK is like apples and pears they've got massive capacity to build we don't
The main reason why property is where is. is the amount of funny money that has been pumped into the markets for as long as most people can remember. If you dont think property can fall just google japanese property from 1989 and you will see what can happen when you create a bubble.
People have been saying property will fall or I'll wait until it drops a bit for the past 50 years. You get dips for sure in recession that's when you get the owners with 90% LTV who cannot repay and in negative equity. It's a tiny fraction of the market. Anybody else waits for years and years so what you get is flat lining nobody wants to sell against millions that need a house. That's just the way it goes.
I am a dairy farmer, farm gate prices have hardy moved in the last 30 years for all agricultural commodities, whereas property has gone up four fold. If you assume that spending capacity in housholds stayes the same, the cost off putting a roof over your head has got to fall to make way for food and energy to catch up.
It all depends what the assets are, when and how they are valued. If anyone is interested in that stuff read about Carillion and its continual maintaining of its solar panel subsidiary value even though its revenues were converging towards zero and was subject to regular tests for impairment.
medieval blacksmith
Just because shares are trading bellow asset value on the books, douse not neccesarely make them good value. It is possible that these so called assets are massivly overvalued.
@cwa, glad to see this pos tanking again haha. Will be back at a quid in the next two years you cheeky web toed cxnt.
I tend to agree these housebuilders shares across the board are at generational lows -some like Redrow or Crest Nicholson are trading at 20 to 30 percent lower than their assets!
look at what outperformed everything else with rampant inflation in the 1970s and 80s - gold, oil/gas, real estate. I'd say it's time to be contrarian. These house builders have got huge demand, large cash piles, low debt. You put a house on the market today you will get an offer on the first weekend of viewing. The reality is the demand is outstripping supply by a massive margin. It's the same with rentals the demand is huge there just aren't enough properties being built in the UK to meet demand. The amount of people saying property crash they're in a dream world most property is fully owned and paid up, a large chunk are on LTV of 60%, it's a much smaller amount on LTV of 90% they're the ones that crash. Also, look how strict the mortgage process is the lenders are very cautious they're not lending to sub-prime. I know my folks property in the 70s was £7900 it's now over £1 million when I checked the register. When they sold it in the early 80s it went for £200K that's what high inflation does folks.
Relentless downward pressure

Fight it at your peril

Rates are set to rise yet further due to gaseous effluence

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.
Id imagine the amount of people who have prize muppet buywell 1,2 and 3 etc filtered must run into thousands
TBH I'm a bit stunned that there's still anyone left that hasn't got Porsche on filter!
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.
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


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


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.

medieval blacksmith
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


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!

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...

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