Barratt Developments Share Discussion Threads

[makinbuks] 15/2/2023 16:15

Yes Capital Economics still expect a recession in 2023 and a 12% reduction in house price peak to trough. Todays inflation news though probably supports the view that we are close to the peak in interest rates, possibly one or two more 0.25% rises to come. Next BOE meeting 22nd March

[petersinthemarket] 15/2/2023 13:47

FWIW you can get around the subs request. Just right click on the top of the report and select save page as ...
8Feb: Independent: EXTRACT: UK growth will remain close to zero throughout 2023, says Niesr.
Britain will narrowly avoid a recession this year, but there will be little respite for under-pressure families – with around 7 million households expected to struggle to pay energy and food bills, according to an economic think tank. The National Institute of Economic and Social Research (Niesr) has forecast that the UK will swerve a technical recession – as defined by two or more quarters of falling GDP in a row – not just in the final three months of 2022, but also throughout 2023. It is a more optimistic outlook for the UK economy than that offered by the Bank of England last week, which predicted a shallower but still protracted recession, as well as a recent gloomy prediction from the IMF, which saw Britain being the only major economy to suffer a contraction this year.

[scepticalinvestor] 08/2/2023 08:16

Are you going to filter yourself then?

[woodhawk] 08/2/2023 08:16

More good news today - UK might escape recession...

hxxps://www.independent.co.uk/news/uk/home-news/uk-recession-gdp-house-prices-mortgage-rates-b2277871.html

[woodhawk] 08/2/2023 08:14

Yes, definitely one for the filter. No time for idiots.

[cumnor] 08/2/2023 08:09

Sceptical is one of those saddos not interested in facts who can't afford proper shares. Another regular ADVFN troll with nothing else in his life-must be frustrating.

[woodhawk] 08/2/2023 08:04

ScepticalInvestor,

There's no cut in divi at all. Get your facts right.

[tornado12] 08/2/2023 08:01

Good for divi payment, buybacks and obviously some cautious outlook comments. Lets see how the market reacts GLA

[scepticalinvestor] 08/2/2023 07:59

Oh dear, massive cut in divi. Not good

[cumnor] 08/2/2023 07:57

Very positive, esp on current (supposedly dire market) conditions, mortgage rates on downturn, excellent divi, cash and hint of future capital returns.

[siggs44] 08/2/2023 07:47

Much better results than I was hoping for. Economic picture looking brighter with energy prices and inflation coming down later in the year. All helps.

[t-trader] 08/2/2023 07:28

Interim dividend of 10.2p, better than i was expecting.

[bingaxu] 08/2/2023 00:36

Result first thing in the morning. Gla!

[tornado12] 24/1/2023 11:54

Good recovery trend, but will it last ?

[beckers2008] 11/1/2023 15:59

Bdev share price recovery continues.
News better than expected, else share price would have crashed.
It hasn't so market quietly pleased.

[kanwar] 11/1/2023 15:51

I'm heavy in Retail, HB's and Airline Stocks. Just need to be patient.

[sikhthetech] 11/1/2023 14:04

There you go, as expected, BDEV confirms mortgages had already gone up and were already impacting the housing market, pre-mini budget.


Barratt warns of 'marked slowdown' in housing market


"Housebuilder Barratt says it has seen a "marked slowdown" in the UK housing market over the past six months.

Boss David Thomas said the market had been hit by "political and economic uncertainty" and rising mortgage rates, which made homes less affordable."


"Mortgages had already been getting more expensive last year due to interest rate rises brought in by the Bank of England, but rates peaked in the aftermath of the mini-budget announced by former prime minister Liz Truss and her then chancellor Kwasi Kwarteng."

[jugears] 11/1/2023 12:05

St, I think you will find build cost inflation dropping quit rapidly, as a supplier to the hb's we have seen timber prices falling quite rapidly in the last few months. it only takes time to filter through to the whole supply chain including labour, the big problem starts when the housing market picks up again & it will, interest rates will fall sooner rather than later & when they do! there will be a huge shortage of new houses leading to prices higher than we have seen before, the current situation is very good news for the future of hb's but very bad news for future home purchasers! a bit of short term pain will lead to some very long term gain Imo,

[scepticalinvestor] 11/1/2023 09:00

As expected the reality is far different from the sordid musings of these derampers

[purplepelmets] 11/1/2023 08:01

Nothing like some friendly joshing to ease into a PW opening :)

[scepticalinvestor] 11/1/2023 07:54

Is that wht your mum charges?

[purplepelmets] 11/1/2023 07:50

Jaysus. Back to tree fitty?

[scepticalinvestor] 11/1/2023 07:48

Its a trading update you ignoramus LOLGo back to school sonny and let the adults speak

[sunshine today] 11/1/2023 07:36

No mention of build cost inflation

Massive red flag.

[scepticalinvestor] 11/1/2023 07:34

Lol you really have no clue do you? Go back to sucking your mammas teet