Updates

Barratt Developments - Gain to date: 182%

August 2013

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Shares in housebuilder Barratt Developments, originally tipped at 123p in March '12 and again as a New Year Nap for 2013 at 226p, have sailed away to a new high of 357p after its trading update, for the year ended 30 June, announced results ahead of expectations. Sales rates rose 18% in the second half and are up by 35% since the launch of Help to Buy in April, while private average selling prices rose 9% in H2 to c. Â£221,000 reflecting changes in mix.Operating margins are expected to rise from 9.5% to 10.4% while pretax profit is expected to increase c. 73% to Â£192m. Net debt is expected to fall dramatically from Â£168m to c. Â£30m. Broker, Jefferies, has upgraded and now expects eps of 15.1p, with 23.8p expected ...

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Barratt Developments - Shares trading below NAV (May 2020)

Barratt Developments - Forward sales up 71% (February 2014)

Barratt Developments (December 2013)

Barratt Developments (November 2013)

Barratt Developments - Private forward sales rise 28.5% (June 2013)

Barratt Developments (November 2012)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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