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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
  3.90 0.96% 409.40 409.90 410.00 412.70 403.60 406.90 3,311,272 16:35:21
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 4,186

Barratt Developments Share Discussion Threads

Showing 22951 to 22974 of 23250 messages
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DateSubjectAuthorDiscuss
15/7/2022
10:54
Credit
"Long term these are good value but investors hit this type of stock when they price in recession."
"huge demand for housing and the markets sell as usual lol"

Why would I buy if I believe they were going lower.
I would consider them once housing market crash/recession is factored into the price..

There was huge demand before the previous house market crash. Eastern European countries had joined the EU in 2004 which led to a huge influx of East Europeans into UK.
Post brexit that huge influx from EU doesn't exist.

The huge demand and lack of supply pre-the previous crash didn't stop housing market from crashing.

Just before the previous housing market crash, the experts were saying(Dec 2006) no crash because of lack of supply but housing market did crash.

https://www.countrylife.co.uk/property/house-price-crash-unlikely-in-2007-35313

sikhthetech
15/7/2022
10:46
I was looking at the yields and forecasts on FTSE stocks they're at insane levels so many 6 to 9% yield meeting expectations on earnings. Most will be exdiv in September the payouts will be enormous
creditcrunchies
15/7/2022
10:39
I like the bit about a special cash dividend we'll find out for sure in September.
creditcrunchies
15/7/2022
04:38
tempus (the times) - hold
hTTps://ibb.co/NLLmWsN

unastubbs
14/7/2022
07:52
volumes down rest ok. but f/c margins up (more eps on less vol). glass half empty. these likely to turn when rates outlook turn around end of this year.
roguetraderuk
14/7/2022
07:49
Ahead of expectations with huge demand for housing and the markets sell as usual lol. Should be a bumper dividend this autumn
creditcrunchies
14/7/2022
07:43
Long term these are good value but investors hit this type of stock when they price in recession. Once distressed housing sellers get flushed out the demand will outstrip supply again. It's cyclical so always worth accumulating when they become cheap. Personally I avoid new builds there's never enough parking space, it's fine if you are single, a couple with no children or just starting a family. If you've got grown up kids they're not for you.
creditcrunchies
14/7/2022
07:26
A pe of about 4.25 if you strip out the billion plus cash on hand - this would be cheap at double the price- insane bargain ( but clearly no one else sees it that way !)
salver2
14/7/2022
07:19
£1bn profit, but excluding £412m of 'adjusted costs'? - Is that the cladding issue. (was £100m of adjusting costs in PY.)
eddie1980
14/7/2022
06:51
This is the part that causes concern to me. "we are currently experiencing total build cost inflation of between 9% and 10%".
muscletrade
14/7/2022
06:45
https://www.investegate.co.uk/barratt-developments--bdev-/rns/barratt-trading-statement/202207140700074104S/

David Thomas, Chief Executive, commented:



"We have delivered an excellent performance this year, reflecting the strong customer demand for our homes and the productivity of our sites. We are delighted that completions have now returned to pre-pandemic levels and I am grateful for the hard work and dedication of our teams and partners over the past two years to achieve this important milestone.

While there are clearly macro-economic uncertainties ahead, the housing market remains robust, our forward order book is strong and we have the resilience and flexibility to react to changes in the operating environment. Our focus remains on addressing the UK's housing shortage with the high-quality, energy-efficient, sustainable homes and developments which we pride ourselves on building."

Highlights

· Strong nationwide demand sustained throughout the year, resulting in net private reservations per active outlet(2) per week of 0.81 (FY21: 0.78)(3).

· Total home completions returned to pre-pandemic levels, with 17,908 homes completed in the year (FY21: 17,243 homes) including 746 from JVs (FY21: 726).



· Adjusted profit before tax is anticipated to be in the range of £1,050m and £1,060m, slightly ahead of current market consensus expectations(4) at £1,048m (FY21: £919.7m). This is stated before adjusted item costs of c. £412m (FY21: costs of £107.5m).


· Awarded 98 Pride in the Job Awards for outstanding site management in the June 2022 NHBC awards, more than any other housebuilder for the 18th consecutive year.

· Continued to demonstrate our leading design and innovation capabilities, with the launch of the zero carbon concept home, the "Zed House", as well as completions from Delamare Park, our first air source heat pump development of 82 homes.

· Introduced an accelerated 5% pay increase from 1 April 2022 and a further temporary salary supplement of £1,000 to all employees below senior management, phased over the coming six months to 31 December 2022.

· Balance sheet strength maintained with year-end net cash(5) of c. £1,125m (30 June 2021: £1,317.4m) after the £250m acquisition of Gladman Developments and land spend of c. £1,050m during the year.

· Well positioned for FY23 with total forward sales (including JVs) at 30 June 2022 of 13,579 homes (30 June 2021: 14,334 homes) at a value of £3,622.3m (30 June 2021: £3,473.5m).

cwa1
14/7/2022
04:36
trading statement today
unastubbs
06/7/2022
08:11
2 million people missed bill payments and or mortgage payments there's going to be some distressed selling of property giving a small window to buy on the dip soon.
creditcrunchies
05/7/2022
15:01
Interesting Beckers.Thank you.
gswredland
04/7/2022
00:23
TW. have just ceased buybacks
buywell3
01/7/2022
12:14
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
12:13
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

medieval blacksmith
01/7/2022
04:38
https://mail.google.com/mail/u/0/?16D18A7C-8198-3043-A6A2-A6EA6CE8A79E_kis_cup_C6FA3ED5_6D17_47D1_B6E2_F4B02CC905E0_#inbox/FMfcgzGpGnDgDDrlcQkQBrxfmqBmxPlV

You might find interesting

johnrxx99
29/6/2022
09:13
Barratt have loads of cash and a very healthy land bank - balance sheet is not the same as it was 07/08 and onwards.
medieval blacksmith
29/6/2022
08:47
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!

beckers2008
22/6/2022
09:45
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.
porsche1945
21/6/2022
08:25
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%.
creditcrunchies
20/6/2022
11:08
I feel these offer medium term value at this price and brought a few. Will buy further if they drop near 400p.
tornado12
19/5/2022
10:14
Go up BDEV .300 nurses to train for GDR new game changer test .Multibag possible .News anticipated .
ram376s
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