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Barratt Developments Share Chat (BDEV)



Share Price: 695.00Bid: 694.50Ask: 695.00Change: 0.00 (0.00%)No Movement on Barratt Devel.
Spread: 0.50Spread as %: 0.07%Open: 695.00High: 698.00Low: 691.50Yesterday’s Close: 695.00


Share Discussion for Barratt Developments


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scooter786
Posts: 8
Off Topic
Opinion:No Opinion
Price:695.00
RE: Chipie
Today 11:22
Fair point Professor !
 
InvestmentProf
Posts: 54
Off Topic
Opinion:No Opinion
Price:695.00
RE: Chipie
Today 09:25
Well, if you hold Bdev long term say 10 year, you will get a reasonably good return. I always believe in Bricks and mortar, that's why I am here. The shares are simply overbought, The builders are all doing well because they are building on land bought at cheaper price few years back because it takes time to get planning permissions and also a a strategy to release them slowly to maximised the selling price. Most of their profits are from gain in land and property price, not from great demand, Bdev have to slashed up to 10% of new flats in central London to attract buyers a few month back because property prices are so high, buyers are turning away, I am a property manager, so I know what is going on, the estate agents are suffering from this frozen market, less people are willing to sell and less are willing to buy because of increased in stamp duty, so people are not moving, they just do extensions to their houses instead since the stamp duty can pay off the price of the work. While most first time buyers couldn't afford to get on the property ladder because property price are so high.

The cheaper land bought are using up very soon and new lands are bidding at high premium price. So the next profit report won't be as attractive.
Plus Theresa May said she is personally taking charge to fixed this broken housing crisis. The House builder CEO were summoned to Downing Street on that. The government is forcing the house builders to quickly build on their stock of lands instead of releasing them slowing to maximise the gain. This means more work force and more % of cheaper affordable homes instead of prestigious properties to maximise the use of the land for good profit.
This will tightly squeeze on profit.
I do have a large portfolio holding shares for long term, it's not getting anywhere by standing still.
But my trading account is doing great, I always buy at a low price on the bad news and sell at a high price on the good news.
But you have to be careful, not every company are safe buying low on the bad news because some company can go into administration if they have lots of debt.
Well Bdev is safe, that's why I trade on it. I just don't think it can substain at this high level for long. The traders will wipe out the gain once reaches its peak and ramp it back up once it reaches its low. I made my money by riding the waves instead of sitting still and get slaughtered.
Judge-mental
Posts: 198
Off Topic
Opinion:No Opinion
Price:695.00
RE: Chipie
Today 08:35
ya know reading back prof's posts im begining to think my boiler room wisecracks aint far off! i think this is a shared account, the language,syntax,vocab differs a lot from post to post.Maybe it's a litle group of shorters trying to manipulate via the boards,probably on advn motley tool (typo intended) etc. Not that it matters much because they seem to be acting on the basis that " a broken clock is correct twice a day" everyday its this is gonna fall,shorters are waiting yada yada yada i guess soner or later they will be right but im thinking £7.10 before it happens and no one mentions dividend re invest holders !! even if there is a retrace my bet is that by payout day the sp will be over the ex div sp even if its just to take advantage of the reinvestors before falling back a little. Anyway the prof or his little gang are begining to sound desperate!!! heres hoping the had a spread bet the wrong way for large £££ per point :) gla (well almost all )
Nige_W
Posts: 941
Observation
Opinion:No Opinion
Price:695.00
RE: Chipie
Today 01:53
Hi Prof
I was hoping for a reply from you. When the big players sell it will be a disaster for any company, but why should they? (other than short term tax reasons, after which they will probably buy back anyway). If a company is growing by 20% pa it is no more than a matter of time before the Sp increases to pre XDivDt, but my float is stuck there over that period, hence my new strategy.
When most builders are increasing by around 20%+ per year, the market for them has 1 direction - that has been the case for (almost) 10 Years (besides Brexit vote hiccup, which unlike other sectors is built into builders Sp).
You concentrate on bdev, but if the disaster you predict happens it should apply to all builders. Makes me think you are a divi chaser with Utes/Banks and don't really understand Builders.
As long as demand > supply builders will continue to do well and regardless of Govt plans, interest rates... I don't see that will change any time soon (unless another banking disaster created - 1st time by Gordon Brown or next Corbyn?)
My little daughter is about to buy a house which she probably will be paying off the rest of her life, unless we get inflation back up to 20%+. Never did me any harm, but not politically correct to say that now, bit like smoking.
BoL
InvestmentProf
Posts: 54
Off Topic
Opinion:No Opinion
Price:695.00
RE: Chipie
Fri 19:11
There is no definate answer to when is best time to sell. If we all know, we will be billionaires by now.
We are basically playing a game of chicken, some may sell early to play safe, some hold on until the last minute.
It really depends on how the big boys think, when they start selling, it will be a complete wipe out.
I loss 400k back in year 2000 because I was too greedy, now I learned from my mistake and up ten fold. I sell when I feel I have made a comfortable profit rather than taking risk in waiting for the extra mile. Some time we sell at a lost to live another day and buy back at a much lower price. The market goes up and down so there is always a good opportunity to get back in.
Nige_W
Posts: 941
Off Topic
Opinion:No Opinion
Price:692.50
RE: RE: 8 more p
Fri 16:18
Hi Prof
Sold half my float in bdev, but if you look back on my prev posts, this was always my intention (half or all). Lost out on bdev initially cos price went down after I bought and no reserve to top up, so now I have a float in reserve. If you look at builders they almost all return to pre XDivDt price within about 4 to 6 weeks (psn and bwy more quickly than the others), the only exception being Brexit vote.
So other half of float will get 34.4p and I will sell that when price recovers. If the price drops more than 34.4 I will be tempted to buy back with some of the held float.
Why 615 (market correction on a company growing by 20 %pa with loads of cash, huge margin, 5%+ divis, lowest Per's in Ftse)? The only correction will be when the fat cats realise how much builders are undervalued.
BoL
Chipie
Posts: 1
Off Topic
Opinion:No Opinion
Price:693.00
Chipie
Fri 15:54
With regards to the div, what date is best to sell shares without losing any money on your dividend ?
InvestmentProf
Posts: 54
Off Topic
Opinion:No Opinion
Price:694.00
RE: RE: 8 more p
Fri 15:30
Then possibly back to 615 level after exdiv date with market price correction.
InvestmentProf
Posts: 54
Off Topic
Opinion:No Opinion
Price:693.50
RE: RE: 8 more p
Fri 15:29
Will dip to 650 by next week Exdiv dt
InvestmentProf
Posts: 54
Off Topic
Opinion:No Opinion
Price:695.00
RE: RE: 8 more p
Fri 15:21
Dropping now, will dip after 4pm




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