Day before xdividend daily rsi was oversold at 82-above 70 Upper Limit- do you think this could strengthen the case that its more likely to fall to say 1300's and rsi gets to 30 before it starts to go backup to 1500's again specially with trading update announced on Oct 14th?
Do you think today's rise is only due to a "risk on"day? It looks to me its more than that, maybe gov backing down from mandating vaccine passports for clubs etc or other news?let me know if you know more
Full year results we'd 15th September13 Sep 2021 11:58
Hi, What do you think about the results coming up and the effect on sp on the day? Interestingly although all hbuilders are up by upto 2% today rdw is the weakest at +0.7% even with all the bid rumours
There was a massive opening 1 min candle at 8am High 2761.1 low 2624.6, 137.5points long on the sb chart this happened twice more lately does not seem to be real/ just a charting error, can anyone shed more light on this, also did nt happen on other hbuilders today.
RE: UK house prices increase sharply in August06 Sep 2021 14:02
Interesting how sp only went down by 94.4 max when divi was 371 I know it was consolidation too, removing that can you calculate how much will be the net divi you receive? and why do consolidations always happen on Monday?
Commenting on the share price decline, AJ Bell's Russ Mould said: "Perhaps it is down to concerns over the expiry of the stamp duty tax break in October, or worries over an increasing reliance on Help-to-Buy, or the potential impact of the proposed April 2022 launch of the Residential Property Developer Tax, but investors do not seem unduly moved by Barratt Developments' strong full-year results.
"Shareholders will also be keeping a wary eye on the costs associated with cladding remediation of previously-constructed sites, notably Citiscape in Croydon. The bill went up by a further GBP81.9 million in the year to June 2021, taking the total to GBP184 million since 2017, and management has flagged that the year to June 2022 could see further costs of GBP40 to GBP50 million, if its guidance for 'adjusted items' in the results presentation is any guide." Does anyone think his reasons are to blame for today's fall rather than some over the top on the day reaction?
Todays price action looks v. similar to persimmon sp reaction ? results day on 18th Aug, big drop intraday but a very good upside price action in the next few days, also remember it's going xdivi in 4 weeks for 3-4% people might be buying for that, how many people think it's going back up in the next few days at least?
Last time it went xdivi on 6th May for 86p it went down for 261.7 = 8.44% before it started to bounce back up, now the divi is 161 and since its at ATH with plenty of room on the downside it should go down more!
Correct me if I am wrong but It seems like most analysts have a pt of £ 30 then if we drop to £ 30 after xdivi this Thurs 2 Sept then will it fail to recoup to £ 36 and continue to make record highs or the £ 36 sp now will be the peak which it will never reclaim?