Who's it going to be?

[The Dirty One]

So I'm guessing this is about Barratt Developments PLC shares and means... in financial terms...

The Barratts share price has gone down 5% today

The price/earnings ratio is just 7.88% (a PE of 10 means basically that you would get your money back after 10 years, this would be more like 12 years)

The overall yield is 7.5% (this is how much they pay in a dividend... so £7.50 for every £100 invested which is a monster return when you consider that bank interest would give you about 50p per £100)

This is backed by a return on Capital of 16.4%, i.e. £16.40 for every £100 capital employed by the business

The operating profit margin is 18.9% - very healthy

The return on equity is 15.7% - this is the companies net income divided by the equity and anything between 15 and 20 is considered good.

This doesn't seem to quite correlate with the info I can get on Barratts for today but it's not wildly astray.



Unless of course these figures are somehow made up to apply to Adam Barratt expressed as if he were a company and frankly I can't see how that would be the case!

WTF?

 

[fbm]

WTF?

Quite... but someone asked what the original post meant in English, so I deciphered it.

What it's got to do with the new manager is beyond me though.

 

[jarvisyeh]

Am I missing something. I thought it was Adam Barrett, not Adam Barratt...

 

[fbm]

Am I missing something. I thought it was Adam Barrett, not Adam Barratt...

I think we're all missing something... but essentially I think Sol is married to Fiona Barratt, whose grandfather founded Barratt homes and whose father is still involved in the business.

 

[rlb999]

I get the impression that Sol believed he was worthy of a higher calibre job than those he was being offered, in other words he spent quite a while thinking that Leagues 1 & 2 were beneath him. Someone must have eventually made him accept that with no experience, you have to start at the bottom.

possibly yes. But in the end he took a job no one else really wanted and made a massive success of it. Not entirely sure he got paid. Certainly can’t accuse him of being a big time Charlie whilst at Macclesfield.

 

[fbm]

Larsson now odds on with Paddy Power, Betfair and Bet Victor. All other markets suspended.

What is going on?

 

[Chrisb]

Who knows what is going on apart from Ron, maybe it is complicated. Perhaps we have had too much time to think about scenarios where people are buying into the club or are we waiting for Millwall to announce their new manager ? One thing is for sure, Ron needs to make an announcement so that everyone can move on and hopefully secure our spot in League One before any more games pass us by..

 

[Grayson]

Which Southend fans are just backing the 3rd favourite each day here?

Been a pattern for the past week that the third fav of Barrett/Campbell/Larsson gets backed into odds on fav each day. Weird.

 

[Lincoln Shrimp]

I did say a few days ago that there would be one final twist. However there have been about 3 since then so who knows how this will all end up!

 

[Willis]

I reckon Ron has lumped on candidates when the odds and long and then induces rumour to drastically reduce their odds, then shorts the be-Jesus out of it to make a nice little profit. Rinse and repeat a few times. Bob’s your uncle, fanny’s your aunt, mysteriously loads of creditors are paid off.

That would explain the convoluted new manager appointment, the creditors being paid off, the rollercoaster betting odds, etc.

 

[Mr Browns Ghost]

Some time ago someone came on here and said redknapp was still sniffing around and couldn’t say anything further than that , but redknapp was pulling a lot of strings ... could this and all the above be part of some sort of investment / buy in to the club ??

 

[MisterStubbs]

It’s Larsson.

Been told by someone who knows a scout at the club.

 

[fbm]

Some time ago someone came on here and said redknapp was still sniffing around and couldn’t say anything further than that , but redknapp was pulling a lot of strings ... could this and all the above be part of some sort of investment / buy in to the club ??

No. Redknapp is nowhere near this club.

 

[Fairport]

Larsson now 1/5 best price with bookies, that's the shortest odds for any of the candidates during this saga. Really hope it's not him.

 

[fbm]

Larsson now 1/5 best price with bookies, that's the shortest odds for any of the candidates during this saga. Really hope it's not him.

He's 1/8 now.

Campbell was 1/5 earlier today.

Absolute madness.

 

[BARRY HARRIS]

Betfair now 1/10 for Larsson Hopefully this is a joke .

Sol now 10/1 worth a bet !!!

 

[ColinMorrisWalksOnWater]

Larsson 1/10 now.

Campbell second in the betting 10/1

 

[ROKERITE]

Larsson now 1/5 best price with bookies, that's the shortest odds for any of the candidates during this saga. Really hope it's not him.

Just look at Larsson's managerial record; it's not mixed, it's dreadful. Sol Campbell would sort out the mess, keep Southend up this season and have a tilt at promotion next. Larsson would be a disaster.

 

[sufcfed]

If it’s Larsson it must mean this investment is incoming too, what with them debts written off during the week. Larsson + Investment I would take any day! This could be the start of something great for us.

 

[MisterStubbs]

I really hope that the person who has told me that it is going to be Larsson is wrong though he hasn’t been in the past. Very underwhelming indeed.