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Share Name | Share Symbol | Market | Stock Type |
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Berkeley Group Holdings (the) Plc | BKG | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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4,068.00 | 3,996.00 | 4,074.00 | 3,990.00 | 4,068.00 |
Industry Sector |
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HOUSEHOLD GOODS & HOME CONSTRUCTION |
Top Posts |
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Posted at 03/7/2022 22:57 by philanderer A housing market bust may be coming – but this builder can ride it outQuestor share tip: Berkeley Group's pipeline of projects should appeal to investors |
Posted at 12/3/2021 12:24 by our haven Agree Robertball. Good for the day traders and fine with me as a long term investor. |
Posted at 04/4/2020 09:12 by thelongandtheshortandthetall Interesting. Some of the contracted sales could be to local housing associations too.Yes can anyone else answer these questions? I've emailed Redrow investor relations. I'll let you know if I get an answer. But still be grateful for any help on here. Cheers |
Posted at 05/9/2018 06:21 by sogoesit Too much “government“In essence, this is a market that lacks urgency and London remains constrained by high transaction costs, restrictive income multiple limits on mortgage borrowing and prevailing economic uncertainty, accentuated by Brexit. These headwinds affect all segments of the market from home movers to downsizers and investors alike. A functioning housing market, where good new development can deliver much needed additionality across all tenures, requires conditions for growth and low barriers to entry which are currently absent from the housing market in London and the South East.” |
Posted at 12/6/2018 23:18 by dr_smith Ta for that - missing from LSE website.but on here: Preliminary Announcement of Results for the year ending 30 April 2018 20 June 2018 |
Posted at 16/3/2018 12:40 by sogoesit The housing market can behave strangely (perversely?) at times.I remember in the mid-90's, because potential sellers' expectations were high, there was no "stock" put up for sale. Or, perhaps as currently in the London market, owners/investors have made insufficient gains to cover their (government imposed) costs and therefore are not releasing their stock. Most investment London property is safe-asset/capital-g Imposition of government taxes can work two ways; one way is that the increased imposed costs (taxes) actually increase prices in the medium term as sellers who wish to make a profit hold-off marketing until price expectations meet their profit expectations. This will also impact the principal residence market imv even tho it is not taxed. The law of unintended consequences where politicians focus on outcomes without factoring in the (downside) consequences. |
Posted at 16/3/2018 07:16 by sogoesit Obviously government know better how to manage the housing market (not)!!This from the Statement: "Since its half year, Berkeley has continued to trade in line with its business plan requirements, with sales prices achieved remaining above business plan levels. The market conditions in London and the South East are unchanged from the first half with home movers and downsizers continuing to be constrained by high transaction costs, the 4.5x income multiple limit on mortgage borrowing and prevailing economic uncertainty. In addition, domestic buy-to-let investors, who buy early in the cycle and provide security of cash flow to enable complex, capital intensive developments to be brought forward, are further impacted by additional transaction costs and the removal of interest deductibility. These factors, together with the changing planning environment and the time and complexity of getting on site following planning approval, mean that Berkeley is currently unable to increase production beyond the business plan levels.“ Government is a farce! |
Posted at 22/2/2018 08:31 by dr_smith Investor relations here:..but doesn't answer your question....yet. |
Posted at 22/11/2017 17:34 by warranty Obviously investors didn't like the budget. Very disappointing that Super Phil didn't revoke the additional stamp duty rise at top of the market property too which has reduced their take anyway. Probably thought it was more important to play to the masses of Labour supporters with first time buyers. It would have been seen as politically damaging to be seen to assist the rich of course. Is this really a Tory government we have? |
Posted at 03/11/2016 18:00 by raffles the gentleman thug Odey Hedge-Fund Assets Dip 60% as Clients Shun ‘Bitter Pill’Assets under management at Crispin Odey’s flagship hedge fund have plunged 60 percent this year after clients demanded their money back as his bearish bets fell apart in the wake of central-bank interventions and near-zero interest rates. The Odey European Inc. fund held 422 million euros ($468 million) at the end of September, down from 1.1 billion euros at the start of the year, according to investor documents seen by Bloomberg News. The fund lost 37.5 percent during the period and 43 percent through Oct. 14. A spokesman for Odey Asset Management declined to comment. “He still has a good track record and he is a contrarian,” said Laith Khalaf, senior analyst at Hargreaves Lansdown, which sells funds to individuals in Britain. “Investors do need to take that on board, though this year so far is no doubt a bitter pill to swallow.” There’s been a widespread backlash by investors this year against poor returns and the high fees charged by money managers. A total of $60 billion has been pulled from hedge funds and cash is being moved away from big-name traders to computer-driven funds, where algorithms are employed to bet on macro-economic trends. Rollercoaster Returns While Odey’s company manages more than $8 billion, placing it among the largest hedge-fund firms in Europe, it’s the rollercoaster returns of his own European Inc. fund that attract attention. This year’s losses follow an almost 13 percent decline in 2015. Still, it’s up more than 900 percent since it started in June 1992, and in that time annual gains of more than 50 percent have been achieved four times. “If you have been invested with someone like him for 10 years, you are still in the money and hope that he could recover,” said Jacob Schmidt, chief executive officer at investment advisory firm Schmidt Research Partners. Hedge funds gained 4.2 percent on average through September this year, largely because of improved returns in the third quarter, according to Hedge Fund Research Inc. Chicken House Odey, 57, has acquired a colorful reputation among London’s hedge-fund managers. In 2012, he got planning permission to build a 130,000-pound Palladian-style chicken house on his country estate a two-hour drive northwest of London. He supported the U.K.’s decision to leave the European Union and remains a vocal critic of central banks’ intervention in the economy. Losses are accumulating at his fund as bets against equity markets fail to pay. The S&P 500 Index has risen 2.6 percent this year, while his biggest short bet by value -- Tullow Oil Plc -- has rallied almost 60 percent. “Bull markets do not die of old age. They are murdered by central banks. How far away we are from that old adage," Odey wrote to investors in his February newsletter. Thursday proved to be another rough day after a court ruled that the U.K. must hold a vote in Parliament before starting the two-year countdown to Brexit. Most of his 18 short bets rose, according to data compiled by Bloomberg. Lancashire Holdings Ltd., Odey Asset Management’s fourth-largest short position by value, gained the most in eight years as the company posted better-than-expected profits. In a letter to investors last week, Odey predicted that U.K. stocks could plummet 80 percent. “An 80 percent fall suggests a pretty seismic collapse in capitalism," Hargreaves Lansdown’s Khalaf said. "In that scenario, I’m not sure you’d want to be invested in anything apart from baked beans and bottled water." |
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