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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Barratt Developments Plc | BDEV | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -9.40 | -2.05% | 448.90 | 09:50:24 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 451.10 | 448.20 | 453.40 | 458.30 |
| Industry Sector |
|---|
| HOUSEHOLD GOODS & HOME CONSTRUCTION |
| Top Posts |
|---|
Posted at 26/10/2022 21:06 by microscope I understand where you are coming from, Sikh. The economy still faces threats. The help to buy system was something of a flop anyway though.But with energy supplies now guaranteed through the winter, gas prices falling, (an extremely warm autumn in much of Europe), and steadier hands on the UK economy than the madness of Truss, we could well be wondering crisis what crisis before long. That all means urgency for further major interest rate rises is receding. A rise this month if it happens could be the last for some time. The autumn statement will be designed to help markets too, so I think there are compelling reasons why a crash is increasingly unlikely. TW. is a mess, I agree with you, and doesn't have the balance sheet available here. The crash has pretty much already happened in this stock, not as though it's just starting, and as always in the stock market, fundamentals will win out over time, and this company will do far better than TW imho. All that said I'm not proud, and if I get the chance for 20 percent in a matter of weeks, I'm inclined to accept it (and I will have made a good call at 325p). There will still be bumps in the road, but I'll stand by my call that 325p will be a good entry point for patient investors, if it does come again. |
Posted at 13/10/2022 12:21 by microscope I agree STT that this recession is far from done, and there could be downward pressure on pretty much all sectors, however the average recession in the UK since WW2 has lasted 16 months.There are good reasons why this one is likely to be longer and deeper, COVID, Brexit and government madness. That said, Truss and co are having to learn very fast that being in power doesn't mean just doing whatever the hell you like. This stock was trading around 900p just pre-Covid, and has lost a substantial amount in recent months. And it's a good point that 10pc yield can on occasion be a red flag. Unless you have substantial cash reserves and a strong, resilient balance sheet, that is, as here. They wouldn't be accompanying that yield with a buyback unless they felt very assured about these factors Of course business has been hit in some areas, but everything has its price, and here, or lower, is in my opinion fully factored in. The statement was better (or less bad, if that's your take) than most predicted, given how far the share price has already fallen, and while, as all, they're not immune to a market crash, they're in a far better financial position than most to weather such a period. Anything around this mark (325p) or lower, and I think long term investors can start accumulating with reasonable confidence. |
Posted at 11/10/2022 12:19 by unastubbs mrf - glad I made you laugh! obviously there's a risk/reward sum to be made, so yes in absolute dollar terms stocks, houses, services are cheaper. sub-saharan africa! now you're making me laugh, though of course it seems alot of your politicians come from there these days! though of course that couldn't possibly be the reason your economy is on the slide. investors taking a long term view and taking the view that the UK economy can recover will clearly be sizing up UK assets in the here and now with a view to reaping rewards over the next decade. You'd do well to copy them. |
Posted at 10/10/2022 15:41 by ppceh Clearly if a US investor believes that, mid term, the $ is overvalued and £ undervalued, then it makes perfect sense to buy UK assets, be that houses, commercial buildings and even listed companies. |
Posted at 03/10/2022 17:42 by gill17 I just don't understand the mentality of people who short stocks. To go through life searching out the negatives must be very bad for your mental health. I guess that real investors buy and sell shares, not spread bet because they can't actually afford to buy anything. What I can't tolerate is the rudeness to other people, that's just not respectful. But I probably dislike the media and their amateur economics more than short sellers, they at least have an influence because people unfortunately believe them.... |
Posted at 30/9/2022 08:52 by creditcrunchies Surprisng how financial reports from mainstream media is so useless but they do us favour they get us in cheap. There are quite a few investors that trade the days after ex-div because you usually get a decent bounce when it bottoms out. |
Posted at 25/9/2022 17:15 by cumnor 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. |
Posted at 07/9/2022 03:17 by unastubbs 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." |
Posted at 24/8/2022 12:00 by sikhthetech wskill,What you miss is that buy to let is no longer favourable as it was. So B2l investors will sell. All those with holiday homes, 2nd homes.. If it becomes too expensive to run a holiday home due to energy price hikes or interest rates then those investors will sell. Also international housing markets are crashing. This ripples across the world. UK is not immune. Have a look at airbnb, where thousands of investors joined in to hopefully make some money. In many places airbnb is more expensive than a hotel!!! What would happen if all those investors who have holiday homes, airbnb etc see their places are vacant but they still have a mortgage and bills to pay? |
Posted at 21/7/2022 14:45 by medieval blacksmith Anyone here think Barratt might be making a bid for Countryside Partnerships?A billion in cash. Update investors in September as to capital allocation..... Countryside putting itself up for sale. Actions and timings all fit in and CSP EV within affordability. |
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