Barratt Developments Share Discussion Threads

[cwa1] 27/9/2022 14:37

XD on Thursday, just to save disappointment!

[wskill] 27/9/2022 11:37

Need to average down myself but in this market am waiting for ex divi .

[davethehorse] 27/9/2022 09:39

Anyone tempted to buy before ex div on Friday? Falling knife at the mo...

[1224saj] 26/9/2022 12:15

Not sure where this will end. March 2020 found support at 3.47?

[creditcrunchies] 26/9/2022 11:31

Probably 350 area after they go exdiv

[davethehorse] 26/9/2022 10:56

Hard to call where they may find support and this is with the company buying shed loads of shares every day!

[wskill] 26/9/2022 10:36

Well I thought around the net asset value per share £4.50 or £5.50 depending whose method of calculating.

Definitely wrong again as was my buy price of £4.35 back to averaging down then for me .Still selling 366 houses a week on 23% margins but in this market its anyone's guess where it will stop.

No borrowings this time and £1.2 billion in cash last recession BDEV had £2 billion debt

[davethehorse] 26/9/2022 10:28

Price target here?

[dodge meister] 26/9/2022 09:57

The markets are simply wrong with their interest rate decision. Inflation is rolling off and will be shown to before the next BOE meeting. Gas prices has fallen heavily (16% just today) and so have oil prices. This will intime will flow to fertiliser (lag) and then to grain prices (lag) and then meet prices (lag).

[creditcrunchies] 26/9/2022 09:41

Hike won't work though we're already in recession that'll cause the economy to crash as the UK economy is totally reliant on consumer spending as we don't make anything.

[sikhthetech] 25/9/2022 20:16

The pound needs to be protected.

The govn/BoE can't let the pound collapse and will need to restore confidence in the currency.

If there's lack of confidence in sterling then there's going to be higher interest rates.
If there's an emergency interest rate rise then stockmarkets are likely to crash.


Deutsche Bank Strategists comment:.

The Bank of England needs to make an emergency, unscheduled rate hike as soon as next week "to regain credibility with the market", said Deutsche Bank strategist George Saravelos.

He said that move would also send a strong signal that the bank is "willing to do 'whatever it takes' to bring inflation down quickly".

[cumnor] 25/9/2022 17:15

Porsche has form in losing money heavily in the markets and so the bitter rants against successful investors. Ignore the poor sod-advfn is his only outlet now.

[eurofox] 25/9/2022 15:04

@porsche1945,
I am so sorry to see that you are so upset that I can earn a comfortable living from interest on cash alone even at today's rates, roll on higher interest rates - I seem to remember you are the one who bought into Aviva at over £5 and sold out in the £2.5-2.6 range, are you now doing the same with your FANG investments?

[porsche1945] 25/9/2022 14:04

@euro thats good then you will be only losing 8 pc of the value of your capital a year to inflation. On a sensible point, Barratt and all the builders are fxcked, 5.5 pc rates en route to salvage decimated sterling, 2 pc over base so 7.5 pc mortgages, oh dear, for credit junkie populous U.K. its curtains, UK heading for 70’s style meltdown. As for dividends, cut then suspended then there will be capital raises, its exactly 2008 scenario for builders. Time to short, will crater for next 18 months. Could literally 4/5 ex your money on the right shorts. Persimmon my best short of the year second only to aston martin. Remember you dont “ invest “ in brexit basket case U.K., you just trade and short it. Dividend stocks the kiss of death, every fxckin time the mug punters get sucked in, think, vod, mks, Bt etc.

[eurofox] 24/9/2022 10:34

..and a tenfold increase in my interest

[sunshine today] 24/9/2022 10:00

The cost of 2 year money has gone from 0.4% to 4%

That’s a TEN FOLD RISE IN YOUR FIXED RATE MORTGAGE !!!!

[blackhorse23] 23/9/2022 20:23

Switched today excellent valu stocks CURY (LSE) dividend yields 8% , debt free , huge liquidity https://www.google.com/amp/s/capital.com/amp/cury-currys-share-price-double

[eurofox] 23/9/2022 17:12

I have just taken a position as well with the same thoughts in mind

[tornado12] 23/9/2022 15:26

I think the driver now for HB will be the future direction in interest rates to EOY...... I have an initial position here, but have more funds in case of serious drop in next 6 months. I believe in the medium term performance in UK HB as is key to economy and the government

[creditcrunchies] 23/9/2022 13:00

I've never seen so many FTSE stocks yielding close to 10% like this before that's for sure. Most giving pretty robust forward guidance as well.