Member Info for smithandmighty

Hi Mark

Do you think help to buy will stop or extended with terms ?

Thanks

Hi Everyone
Do you think the Help to Buy Scheme will get mentioned on Monday ( Budgets) and if so what do you think the governments view will be on extending it ?

Thanks

See Results Below Not Bad!
Highlights

Record volume output drives excellent financial performance


Year ended
31 July
2018
Year ended
31 July
2017
Movement
Revenue
£2,957.7m
£2,558.6m
+15.6%
Gross profit
£753.4m
£661.6m
+13.9%
Gross margin
25.5%
25.9%
(40bps)
Operating profit
£652.9m
£571.6m
+14.2%
Operating margin
22.1%
22.3%
(20bps)
Profit before taxation
£641.1m
£560.7m
+14.3%
Earnings per share
423.4p
370.6p
+14.2%
Proposed total dividend per share
143.0p
122.0p
+17.2%

Thank you Mark. I work for a Housing Association where some our developments have been with Barratts. I often have to work with our Homeownership and development teams of which none of them seem to be too concerned about the future in particular demand. I've noticed Barratts is also not top heavy on leasehold issues which in its own right can impact on profits and ultimately customers as was the case with TW. I ve noticed that this seems to be re emerging lately as a discussion in association. ATB

Hi Mark
I am really learning so much from this board. As a newcomer I understand the support level at 480. Can you please explain the Golden Fibonacci Range comment of yours ? I've looked it up and there's different levels of retracement, but I find it confusing

Thanks

dividendchaser I don't disagree with your comments about the share price falling indeed I could have sold at £5.77 with a decent profit but did not. As I mentioned in my earlier post I am an amateur compared to a lot of contributors to this board including you. I do know that there are companies similar to Barratts ( Even in different sectors) who have very low debt and probably not have given as positive update as bdev did in their last company commentary who's share price is as retrograde. I am sitting on losses at the moment but that's the rules of the game and its up to each individual to play and interpretate them how they want. I'm going to use Brexit example again where the boards where rife with panic, yet the share price reached £7.00 in a relatively short period of time. I don't think BDEV was a financial robust as it is now. The company too date has not done anything wrong as a business. Its down to peoples sentiments and how they see risk that includes the MMs.

I am new to this board. I remember buying BDEV just before the vote out of the EU. I also remember the markets on that eventful day including BDEV share price plummeting. As I recall the shares where at some point even suspended from trading. I too was recently hoping for a pre dividend rise and was disappointed. I do think in time this share will reach its true positive value when things calm down. What I have learnt even as an amateur is that this share does recover.