Barratt Developments Share Price (BDEV)

The March budget should put your mid to rest. Income tax allowances increased and more "giveaways". The Tories are desperate to win the election by putting real money into pockets and kick start housing. Reform is needed.

Afternoon all.

Well done LTI, nice timing!

I’m invested here and have been for just over a year now. Not done to badly so far. Having taken a look at future EPS, I’m a little worried that the dividend looks in danger of taking a more severe cut than say, to a lesser extent, TW and what appears, RDW to have their dividend covered. I’d be interested in others views on this?

ALB

Certainly cannot complain about a near 25% share price increase in about a month

870p in 2019 was an extremely different set of circumstances to now.

Up to 500p would be worth a buy or reinvestment.

I would hold for divis until 10 years off when 800p is plausible again one day

Yes then it dropped but went back up to just under £8 in April 2021, times were not the same then , we had help to buy , no stamp duty and all kinds of incentives to help buyers (and builders). I held Persimmon at the time also, bought at an average of about £6 and sold at £12 making a great deal (£32K) but peed off to see them go to over £30 (they are now less than £11. These are different times but we are still doing well and will continue to do so in my view and now we are getting a Divi (which we were not in the days of high SP) Interest rates appear to have peaked, the next worry is a change of government which will hit everyone , but it is at least a year away. In the meanwhile we have a well run company with a product that people want to buy with plenty of cash, whats not to like?