Barratt Developments Share Chat (BDEV)

It is a great opportunity for BDEV, a proactive investment that could be very beneficial in improving volumes in coming years, interesting times.

Not impressed with the RNS. It’s basically a partnership deal on a greater scale, these deals will offer a reduced margin for shareholders. Seems quite clear that big business, ie Lloyds want to control the narrative moving forward, which will mean reduced profits for the big house builders.

Why own the shares at the present valuation, once the numbers come out on the build costs the share price will surely retreat as margins will be reduced.

Something to think about.

BD,

If you download VOX and create a watchlist you get a ‘ping’ whenever there are RNS’s from your watchlist! No need to miss one again, whatever the time of release

Barratt Developments - Launch of MADE Partnership #BDEV @Barrattplc https://www.voxmarkets.co.uk/rns/announcement/41123ca6-5310-4e0b-aeb4-073893938c08 #voxmarkets undefined

How come I am seeing no RNS anywhere on my LSE Watchlist this morning, a techno glitch perhaps?

RNS today is worth a few pence on the sp as medium term it puts the company at the centre of some large developments and in a favourable light withe the hopelessly over promoted no brainer Raynor.

The ISA allowance has remained static at £20k per year for some time, and fiscal drag is reducing its tax benefit by stealth. What's more, Oct 30th budget rumours swirl that the £20k allowance could be cut further, while the maximum ISA pot may be capped at just £100k per lifetime. This is discouraging (not encouraging) savings and investment.

Skier1

"worsening ISA tax environment" - what changes to ISA tax rules are you talking about... ?

thanks for clarifying

Politics is a short term game. Building houses is a long term one. Once the government realise that making the building market less profitable will most likely slow down house building they might u-turn. If not the BDev board may simply play along until the next lot come along. As Hank Rearden said, "they want us to pretend to see the world as they pretend to see it" - Investing in BDEV is now a very long game.

I guess my post removed hit a nerve

Truth hurts the establishment

Currently yielding just over 3% here.

A modest 5% dividend in no way compensates for the -40% BDEV share price plunge in the past 18 years, the -10% decline YTD, the worsening dividend tax environment, the worsening CGT tax environment, the worsening ISA tax environment, the worsening pension tax environment, and the Labour push to make housebuilders effectively construct small houses at a big loss.

It's still a nice 5% dividend yield so as a long term investor I am happy to hold because when housebuilding does eventually pick up I'll have a nice low average price plus a growing again (hopefully) dividend.

Why own the shares. Dearest Angela will unfortunately push the share price down . Markets have not priced in her influence in affecting the builders bottom line. With the planning changes going forward and more affordable housing that will reduce the builders profits, her crackpot interference is not financially fully known at present, and can only be a negative.

Something to think about.

Agree pal, fully sold up and out with £1700 profit was a lot more, divi cut not worth my risk now

Ugly results because of yet more remediation.

RNS is average imv but looking forward is optimistic so what will sp do? Likely stand still imv.

Barratt is clashing with the Labour regime about their 50% "affordable" house "plan". Vice-Chairman Rayner effectively wants new houses capped at ~80% of their true market value -- and they want shareholders and other capitalist exploiters of the West to pay for it.

https://www.telegraph.co.uk/business/2024/08/29/baffling-affordable-housing-rules-wreck-rayners-building/

Seemed to have retraced nearly 10%!!

Not sure what's spooked the market with BDEV more than other HB shares.

Why is it a knee jerk reaction. Sir Fox man Starmer has already stated that things will get worse.

Seeing as he calls the shots, do you really think that the budget will be anything other than a tax grab. It appears to me very obvious that more legislation is coming, as he stated, and things will get worse.

If you think Reeves is going to impress to the upside then you await disappointment like every other investor. She has no history of flair and imagination, and no qualities what so ever to lead the country as Chancellor.

Knee jerk reaction that will be short lived. The economic mess left by previous government will drive the measures (tax rises/spending cuts) required to tackle deficits uncovered! This was going to happen anyway as the deficit (or most of it) was known about before election! The budget in October will determine impact on house builders until then it is all speculation!

Starmer will ensure that house building targets are not met. Interest rate rises caused by printing money will result in house prices rising.

LBC blames 2TK speech for the fall

https://www.lbc.co.uk/business/69730aaa476a4221a1885e4269b6d150/

The Algos reacted to the speech of Starmer, the market opened positive, as soon as he started talking they sold the bid, hence the drop in the share price.

DYOR.

BoE came out and said that interest rates might not come down as quickly as expected or at the same rate as the U.S.. Interest rate cuts were baked into the price. Nothing to do with Starmer.