BAYLIS
- 11 Aug 2008 12:39
skinny
- 23 Oct 2009 14:58
- 75 of 430
Fidelity joins Barratt shorting bandwagon
Barratt Developments share have been shorted by the world's larget fund manager, Fidelity International.
As at 22 October 2009, Fidelity held a short position equivalent to 0.27% of the issued share capital of Barratt Developments
skinny
- 27 Oct 2009 15:59
- 76 of 430
Trafalagar Asset Managers is the latest fund management group to short Barratt Developments shares.
As at 26 October 2009, Traflagar held a short postion in the house builder's shares of 0.555% of the issued share capital.
HARRYCAT
- 27 Oct 2009 17:05
- 77 of 430
I am assuming it's part B which the hedge funds see as the reason to short?
"A o Placing of 72,916,666 Placing Shares at 240 pence per Placing Share,
representing a 10.6% discount to the Closing Price of 268.5 pence per
Existing Ordinary Share on 22 September 2009 (being the last practicable
day prior to the publication of this announcement) to raise gross proceeds of
175 million. The Placees will be Qualifying Shareholders for the purposes of
the Rights Issue.
B o 1.3 for 1 Rights Issue of 545,525,090 New Ordinary Shares at 100 pence per
New Ordinary Share, representing a 37.8% discount to the theoretical exrights
price, when calculated by reference to the Placing Price, to raise gross
proceeds of 545.5 million"
Matt7777
- 27 Oct 2009 18:38
- 78 of 430
that, or the continued lack of mortgage finance availability, lack of improvement in consumer confidence, and likely topping out of the recent housing mini-bounce ?
skinny
- 29 Oct 2009 12:21
- 79 of 430
skinny
- 17 Nov 2009 07:57
- 80 of 430
skinny
- 11 Dec 2009 07:52
- 81 of 430
In accordance with the requirements of D.T.R. 3.1.2 Barratt Developments PLC
(the "Company") was notified on 10 December 2009 that, David Thomas, Group
Finance Director, acquired 25,000 ordinary shares (0.0026% of the Company's
issued share capital) in the Company at a price of GBP1.12 per share, in London,
on 10 December 2009.
Following the above purchase, David Thomas holds 96,000 ordinary shares of 10p
each in the Company representing 0.01% of the Company's issued share capital.
cynic
- 04 Jan 2010 16:14
- 82 of 430
below is a comparative chart which is pretty much self-explanatory
blue = BDEV
red = TW.
green = PAG (mortgage provider)
cynic
- 04 Jan 2010 16:18
- 83 of 430
i have actually gone for BDEV rather than TW. purely because sp is at an interesting chart point and because sp has arguably better upside potential.
i have also bought a few PAG on the basis that if houses start to sell, PAG will almost certainly benefit quite significantly
skinny
- 14 Jan 2010 09:04
- 84 of 430
Trading Update
Highlights
Net private reservations per active site up 8.9% on prior year
First half completions in-line with expectations at 5,028
Total average selling prices increased by 4% to c. 167,000, largely driven by changes in mix
Total forward sales up 43% on prior year at 651.2m
Increased operating profitability in the first half
Better than expected net debt reduction to around 610m from 1,276.9m at 30 June 2009
hlyeo98
- 12 Feb 2010 18:11
- 85 of 430
Good entry point at 110p.
ptholden
- 12 Feb 2010 20:59
- 86 of 430
Oddly enough, I just might disagree with both of you. I'll stick a chart up over the weekend.
cynic
- 12 Feb 2010 22:12
- 87 of 430
don't forget BDEV had a rights issue
ptholden
- 14 Feb 2010 22:19
- 88 of 430
A few thoughts for what it's worth:
In an uptrend since the low of 30p in Dec 08 (grey dotted line)
In a downtrend since the high of 193p in Nov 09 (red dotted/slash line)
Downtrend accelerating since Jan 14 2010 (red dotted/slash line)
MACD MAs making higher lows during the last 12 months, although still firmly in negative territory.
RSI bumping along 12 mongths lows, albeit in the shallowest of uptrends.
SP currently sitting on long term trendline support.
Horizontal SP support only 5p away.
50MA crossed below 200MA 10 Jan 2010.
So, what does all that lot indicate? If someone held a gun to my head I'd rather be short than long, but to be honest it's a really difficult call and I think there are much easier opportunities (either short or long) than messing around with BDEV.
Chris Carson
- 14 Feb 2010 22:53
- 89 of 430
ptholden - So what does all that indicate? Heard of Premium Bonds?
jkd
- 14 Feb 2010 22:57
- 90 of 430
pth
i think you have summed it up very well. lets sit back and wait for those easier ones to materialise.they always do, eventually, as i am sure you know.
regards
jkd
ptholden
- 14 Feb 2010 23:26
- 91 of 430
CC
I think I was quite clear, from my perspective it's not worth investing in or trading at the moment. You go off and buy your Premium Bonds.
PS If you want investment advice, best you pay for it.
Chris Carson
- 14 Feb 2010 23:31
- 92 of 430
ptholden - Ok any other pearls of wisdom you would like to share, that are totally irrelevant and not worth investing in or trading at the moment?
ptholden
- 14 Feb 2010 23:38
- 93 of 430
CC - For your information, I was responding to comments made by Hyleo and Cynic re the merits of BDEV, ie, offering an opinion (FWIW) on a public financial BB (which is apparently the main purpose of such a forum).
Now if you don't agree or like what I post, the answers are quite simple; either squelch me or just fuck off, I don't really care which.
When you have something to offer, please let me know, I'll be all ears.
Chris Carson
- 15 Feb 2010 01:06
- 94 of 430
ptholden - Charming - Hyleo and Cynic must be feeling really grateful to hear your wonderful opinion (verbal shite) (FWIW) re the merits of BDEV.