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 0.85% 463.70 462.40 462.60 465.70 457.00 457.90 9,227,099 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 4,811.7 812.2 64.5 7.2 4,742

Barratt Developments Share Discussion Threads

Showing 23026 to 23047 of 23275 messages
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Market cap of £4.3bn, net asset of £5.6bn. Cash of £1.1bn and EPS 83p with a PE ratio of 5.
dodge meister
here its all about whats to come. clearly things were v good til now. higher margins higher eps higher divi and buyback. and clearly right now things are holding up. the q is how much worse things get from here and whether enough has been priced in. i suggest the worst has been priced in in terms of potential economic downside. but the mkt overshoots regularly and tops and bottoms tend to be big spikes.
I would agree and divi increase to 25,7p. Macro uncertainties remain, but a bold action by Liz on capping energy costs will help to relief the near term pain and allow businesses to run without continued massive escalation of inflation GLA
looks very good to me, dividend slightly lighter than some predictions I'd seen but nevertheless still substantial. buyback won't be to everyone's liking but I personally believe it is in the interests of long term holders such as myself, so I welcome it. it certainly indicates a position of strength.

no idea how the market will take it but I can't see them being trashed, but then again the rise yesterday might be all we are likely to see. anyhow, GLA!

Look decent enough and a share buyback programme announced too.
cupra kid
From The Times this morning, gives some insight in to what the market is expecting:

"Barratt is due to issue its full-year results today and is likely to report sales up from £4.8 billion to £5.3 billion on the back of a higher average selling price and increased completions. In July it forecast fullyear adjusted pre-tax profit in a range of £1.05 billion to £1.06 billion, up from £919.7 million the year before. Housebuilders have been hit by fears over the outlook for the economy, rising inflation and the cost of living, as well as the impact of rising interest rates on housing demand. Investors will be hoping for reassurance on the outlook."

Looking forward to tomorrow. I totally missed this on Monday buried in the small print at the end of the extensive Vistry announcement and only spotted it now when searching for some other info!...

"An update on the Vistry Group's trading in the period from 1 January 2022 to 4 September 2022 is as follows:

the Vistry Group's average private weekly sales rate for the year to date remains ahead of last year at 0.78 (2021: 0.75) with demand in the second half reflecting the more typical seasonal trends seen prior to 2020;

the Vistry Group continues to see a good level of prospects, and pricing remains firm;

the Vistry Group's partnerships business is extremely well positioned to meet the very high level of counter-cyclical demand across all tenures, though the Vistry Group is seeing some early signs that the land market is settling after a more heightened period of demand;

the Vistry Group's forward sales position has been further strengthened with total housebuilding and partnerships' mixed tenure forward sales up ten per cent. as compared to the prior year position at £2,287 million as at 3 September 2022 (3 September 2021: £2,078 million), representing 96 per cent. of total forecast units secured for the 2022 financial year;

the partner delivery forward order book totals £827 million as at 3 September 2022 (3 September 2021: £890 million), with 96 per cent. of forecast revenue secured for the 2022 financial year;

the Vistry Group's total costs were up on average six per cent. in the first half of 2022 and, reflecting increasing energy prices, cost inflation is now running at approximately eight per cent. Price increases have offset cost increases in the year to date; and

the Vistry Group continues to expect to deliver a significant improvement in year on year profitability in both its housebuilding and partnerships businesses in the 2022 financial year, ahead of the Vistry Group's expectations at the start of the year."

Let's see what tomorrow brings...
Nothing nasty in the results otherwise the share price would have had a movement in the opposite direction, after the good BKG trading update today .
Nothing-just lots of factors coming together. An up market day. Truss talking about easing the fuel crisis. BKG update. BDEV results incoming. Etc, etc.
All major builders stock are up about 4% off bottom today. What does the market know that PI's don't?
hopefully augurs well for results tomorrow...
Positive update from BKG this morning:
"Berkeley has continued to trade well during the first four months of the new financial year, with the value of underlying sales ahead of the financial year ended 30 April 2022. The good level of demand continues to support pricing above business plan levels, which is sufficient to cover cost increases on a blended basis across Berkeley's developments. Consequently, Berkeley is on track to meet its profit guidance and deliver a pre-tax profit for the current financial year ending 30 April 2023 of £600 million and £625 million for the year ended 30 April 2024"

If house prices crash land will adjust accordingly. House builders should offer free energy for a year to first time buyers. £3/4K saved versus compensating a landlord would look rather attractive.
medieval blacksmith
It isn’t HSBC, it is some little nerdy tosspot with an Excel spreadsheet. WTF do they know.
medieval blacksmith
Brought a few more sub 400p. The Englishman’s castle is his home so confident in medium term on share price recovery with some risk on divi levels, but generally pays something. Long term play here
Lucky that profits are ahead of expectations hate to think what the share price would be if we had missed them.

Bought a few more today to keep a decent average price,

Highlights from July trading update

-- 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 GBP1,050m and GBP1,060m, slightly ahead of current market consensus expectations(4) at GBP1,048m (FY21: GBP919.7m). This is stated before adjusted item costs of c. GBP412m (FY21: costs of GBP107.5m).


results on wednesday. i'm expecting them to be strong as per previous updates. predictions are for a 27p dividend. however, everything depends on the forward guidance. so much bad stuff must already be in the price but the market can keep on handing out the punishment for just as long as it takes.

i've been very much asleep while this has just melted since I bought in February. been too busy with other stuff i guess. far too late for me to sell, so I will just have to hold. my portfolio is looking pretty sickly right now, it's loaded with UK-centric stocks. not a good place to be methinks!

oh well - GLA, keep it there!

Bank predictions are interesting...they have been wrong for the last 9 months, people now believe they are right,lol.
dodge meister
for info hsbc new target price is £4.30

The talk of doom and gloom is summer madness and help to get internet traffic to websites. If we are in recession by Q4 (BOE prediction ignoring any government action), the higher gas prices (down 15% today) will constrain the economy and help regulate internally generated inflation. Given the lag in effects of interest rate rises, the BOE wont keep raising rates when in a recession it will do a wait and see as it wants a mild increase in unemployment but not a depression. A couple more rises will about do it.

People are joining the cumulative worst case scenarios. Look to mortgage approvals for indication, hxxps://

dodge meister
It's not just interest rates..

sikhthetech - 29 Jul 2022 - 14:07:21 - 159339 of 161806 Share Ideas:

Re #319

I posted 0.25% interest rate rises as I think rises are likely to be in multiples of this and so makes calculating additional interest easier than using 0.1%.

A 0.25% rise in mortgage interest on a £100k mortgage is around £20 pm.

Whereas energy price caps increase would be (forecast Oct) around £180pm, so is eq of around 2%-2.5% increase in mortgage interest based on a 100k mortgage.

That's on top of interest rate rises, fuel price rises, food price rises.

which brings me back to:

sikhthetech20 Feb '22 - 15:26 - 5884 of 5899 Edit
When the housing market crashes, no HB is immune from the crash. Likewise, listed HBs are not immune from stockmarket falls or movements.

Govn support, provided during pandemic, has ended. Repossessions which were stopped during pandemic are legal again.
Around 30k homeowners in severe mortgage debt.
Inflationary pressure, interest rate rises, NI rises, Council tax rises, energy price rises all impact affordability.

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