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Latest Share Chat



Barratt Developments Share Chat (BDEV)



Share Price: 532.40Bid: 532.20Ask: 532.60Change: 0.00 (0.00%)No Movement on Barratt Devel.
Spread: 0.40Spread as %: 0.08%Open: 529.80High: 532.60Low: 527.60Yesterday’s Close: 532.40


Share Discussion for Barratt Developments


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riolto10
Posts: 1,711
Opinion:No Opinion
Price:527.80
RE: Yet another upgrade!! From UBS
Thu 11:37
665p will do me fine.
 
MarkBellUK
Posts: 1,105
Opinion:Strong Buy
Price:520.20
Yet another upgrade!! From UBS
Tue 13:20
BDEV Barratt Developments PLC Buy New Target 665 Old T 650
sunset777
Posts: 2,080
Opinion:No Opinion
Price:520.00
Bdev has everything in place
Tue 12:56
for a bumper harvest this year. Although I've got a big crop of these, I am TEMPTED to buy more. The greedy pig in me is prodding...
humdrum
Posts: 241
Opinion:No Opinion
Price:517.80
RE: Help... please?
Mon 10:56
Cheers Nige. I think that you are right and I am right and the market can be pretty damned odd at times. Unfortunately, the latter is running the show. Even so, I think that take a punt on BDEV
Nige_W
Posts: 1,394
Opinion:No Opinion
Price:517.20
RE: Help... please?
15 Jul '18
Hi Humdrum
Fwiw My system is telling me to sell Float in bwy (which I don't have) and top up Floats in rdw, psn and tw before 27/07/18, where my Float has been stuck since December, cos I won't sell Float at a loss.
BoL
Nige_W
Posts: 1,394
Opinion:No Opinion
Price:517.20
RE: Help... please?
15 Jul '18
Hi Humdrum
Your research is spot on - no reason for doom and gloom and Per means they are a bargain,
I agree with everything johnson says again.
This is a good time to buy cos no sign of weakness in builders (margins Eps, Sales, cash...), yet prices have been decreasing since late last year. Least decrease psn (about 9%), most tw (about 14%) and bdev about 12% of the big 3.
Noticeable that psn has the most net cash and biggest margin, followed by tw then bdev, which makes me think the market is expecting a disaster (already built into the Sp), but the numbers simply don't support that, and no disaster possible until supply catches up with demand (10 years?)
Generally the big 3 Sp follow each other, psn and tw about to report interims soon (which I expect to be good boosting Sp), while bdev just reported PreFin results which were better than expected and they increased by about 7% last week (missed boat?), but also boosted psn and tw by about 2%.
Not going to say which is the best bet - only the God of time knows that, but I hold all 3 and also bwy and rdw. Maybe go for a third in all three.
I suggest you have a look at tw board (best for messages) and their last Trading update - almost nothing on psn board.
BoL
johnson36
Posts: 2,531
Opinion:No Opinion
Price:517.20
how can shorecapital find negative
14 Jul '18
A strong year

During the year ended to June, Barratt sold 17,578 houses, the highest level since 2008. Sales rates were broadly unchanged and management expects to report a record pre-tax profit of £835m for the year. That’s 9% ahead of last year’s figure of £765.1m.

Net cash at the year-end was expected to be £790m, ahead of guidance and providing firm support for ongoing dividend payments. The company ended the year with a forward order book of £2,175m.

The recent sell-off in the housebuilding sector suggests that the market expects profits to fall. But analysts’ forecasts for Barratt suggest that earnings per share could rise by about 5% to 67.6p next year. The tone of today’s statement suggests to me that management is also confident in this outlook.
Clever building

One of the secrets to Barratt’s resilient profits may be that it’s invested in new housing designs that are faster and cheaper to build. These are being rolled out across the company’s building sites and are expected to deliver higher profit margins. This means that even if house prices and sales volumes are flat, profits should rise.
johnson36
Posts: 2,531
Opinion:No Opinion
Price:517.20
Re: A V N S U
14 Jul '18
The good thing is we get to buy the shares cheap. Cheap when considering there EPS and dividend payments.
I have bought some at 515p and some at 484p, and before that a smaller amount at 545p. I don't think there is much to worry about here. Likewise I don't think there is any worry with PSN or TW.
humdrum
Posts: 241
Opinion:No Opinion
Price:517.20
Help... please?
14 Jul '18
As far as I can see, Barratt's profits have been rising over the last couple of years.. Nothing spectacular but ticking over. The P/E has been falling and is now at 7.1-7.5. Debt is under control and there are no ominous acquisitions. And the share price is 10% below last years mean which suggests that now is a good time for a punt. So why all the gloom and doom? I would like to have a flutter but am worried that I am missing something.
sunset777
Posts: 2,080
Opinion:No Opinion
Price:517.20
Re: A V N S U
13 Jul '18
Yes, ShoreCap's report on BDEV comes over as biased and a little disingenuous. So you could be well-right, MarkBellUK, on the Short thing.
MarkBellUK
Posts: 1,105
Opinion:Strong Buy
Price:517.20
RE: a very negative sounding upgrade
13 Jul '18
See my previous post..they have had it as a SELL for a long long time....now they reluctantly upgrade to HOLD

They may well be linked to Henderson Global investors who hold the largest SHORT position in BDEV
johnson36
Posts: 2,531
Opinion:No Opinion
Price:517.20
a very negative sounding upgrade
13 Jul '18
MarkBellUK
Posts: 1,105
Opinion:Strong Buy
Price:519.80
Yet another upgrade
13 Jul '18
BDEV Barratt Developments PLC Shore Capital upgraded to Hold from their long standing Sell rating!
ScaleyBack
Posts: 6
Opinion:No Opinion
Price:519.80
Re Share Issues
13 Jul '18
As a newcomer, my thanks for an adult forum. If you want to read a forum for children, look at the Lloyds forum....pathetic. I have read back over the posts and sold my holdings in Persimmon and Berkeley at a very substantial profit over the last two years and put the proceeds into Barratts.

Already a profit of several £K and I appreciate the points and suggestions raised as they help me to look deeper into the company's potential.

Thanks guys.
MarkBellUK
Posts: 1,105
Opinion:Strong Buy
Price:510.00
RE: RE: Share issue
13 Jul '18
Thanks Poke, its very relevant given the number of employees they have. Its not useless info
pokerock
Posts: 287
Opinion:No Opinion
Price:510.00
RE: RE: Share issue
12 Jul '18
KD sorry for giving you useless information..... it was however more informative (albeit very very minor) than the majority of your posts....
KD37
Posts: 168
Opinion:No Opinion
Price:510.00
RE: RE: Share issue
12 Jul '18
Who cares tho if your not an employee
pokerock
Posts: 287
Opinion:No Opinion
Price:510.00
RE: RE: Share issue
12 Jul '18
200no to all employees below senior management, with the shares vesting in July 2020
johnson36
Posts: 2,531
Opinion:No Opinion
Price:509.80
RE: Share issue
12 Jul '18
how many ?
pokerock
Posts: 287
Opinion:No Opinion
Price:509.40
Share issue
12 Jul '18
BDEV have confirmed that are to issue 200no shares to employees over 2 years.
MarkBellUK
Posts: 1,105
Opinion:Strong Buy
Price:508.80
RE: Another upgrade!...boring now ;)
12 Jul '18
PS JP Morgan Cazenove just reiterated their Overweight rating target 650
MarkBellUK
Posts: 1,105
Opinion:Strong Buy
Price:508.60
Another upgrade!...boring now ;)
12 Jul '18
BDEV Barratt Developments PLC Numis Upgraded to Buy from Add Target 667
sunset777
Posts: 2,080
Opinion:No Opinion
Price:507.80
Buy this...
12 Jul '18
when the sp is low, if you're an income seeker. This share looks to be out of the doldrums and false sentiment banished to 'elsewhere'! (Where other poor sods bleat whilst scratching their heads.)
riolto10
Posts: 1,711
Opinion:No Opinion
Price:506.20
RE: Re: Another upgrade!
12 Jul '18
Need a steady rise now till ex dividend date, have topped up now have more shares than this time last year, hope the divi pay out is more than last year, I see they have promised the same special dividend again with the approval of share holders in September.




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