Share Name Share Symbol Market Type Share ISIN Share Description
Berkeley Group Holdings (the) Plc LSE:BKG London Ordinary Share GB00B02L3W35 ORD SHS 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  631.00 13.99% 5,142.00 5,122.00 5,128.00 5,158.00 4,642.00 4,735.00 1,383,954 16:35:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 2,957.4 775.2 481.1 10.7 6,746

Berkeley Share Discussion Threads

Showing 2826 to 2849 of 3325 messages
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DateSubjectAuthorDiscuss
21/3/2017
08:29
Already been discussed a thousand times has it not ...Either he's got a sector pair trade on or he's lost his marblesNothing more to be said on the matter is there ?
raffles the gentleman thug
21/3/2017
07:59
Odey shorting = buy indicator?Discuss.
r ball
20/3/2017
17:20
Odey apparently feeling courageous though. Back up to 0.97% short (from 0.85%) today according to the FCA spreadsheet.
1gw
20/3/2017
16:00
Interesting to see today's 8.3's from Blackrock on BVS & GFRD in that context...
1gw
20/3/2017
15:31
Bellway interims tomorrow, Crest Nicholson AGM on Thursday, Takeover code deadline for Bovis offers (RDW & GFRD) 9th April. It feels to me like it would have to be a fairly "courageous" investor to leave a short on a UK housebuilder through all that.
1gw
20/3/2017
13:01
Good post Shank. I'll cover soon when I'm in the money.
dim the bellend
20/3/2017
10:04
"I shorted this today. A rising interest rate environment wont be helpful for this company. Target £20 or lower by year end." Dim, Companies which are in debt are good to short when interest rates are going up because the cost of interest payments on the debt will increase. Companies which pay no dividend are good to short because whenever a dividend is paid a shorter in that company has to pay up. Companies which have little free cash are good to short because they cannot start share buy back schemes to support the share price. With Berkeley, it has a lot of free cash: it can defend its share price; if interest rates go up it will earn more on that cash; it will be paying up to £2 per share per year in dividends which you as a shorter will have to cough up. You might be right, but its a big risk you are taking. As interest rates rise the cost of development land will decline setting Berkeley up for when interest rates start to decline. Its good to have cash in this business... and Berkeley has lots of it.
shanksaj
20/3/2017
09:06
That's amusing. Pictet actually increased their short last week, at around 2930, before the TU. No change in the others.
bluemango
18/3/2017
05:18
^+1 done, thx. Meanwhile: +6.11% on Vol/Avg 2.34M/709,915.00 = 3.3* the 30-day daily average From the previous close [Thu] of 2963 it gapped higher +2.4% on the open at 3033 Vol = 120k [5.1% of daily tot] from 8:00-8:02. Then pretty quiet from 11-4 with buying picking up into the close [4-4:30=3130>3144]. Going to be interesting to see how much of that, if any, was buy-backs, since the most recent [9-Mar] disclosed highest paid was 2950p. I.e. if there was buying-back on Friday it would be materially above the previous price range. And if that was 'natural' buying, I consider the price action pretty damned bullish. ps Numis reiterated it’s Buy rating on Friday with a [12Mo] Target Price of 3844
jrphoenixw2
18/3/2017
02:56
This is me,Good research.Will filter also.
garycook
17/3/2017
18:52
Well that's what makes a market I suppose. Always good to have someone prepared to take the other side of the trade.
1gw
17/3/2017
17:14
I shorted this today. A rising interest rate environment wont be helpful for this company. Target £20 or lower by year end.
dim the bellend
17/3/2017
15:24
Every sell is a buy. Your best indicator is company purchases.
r ball
17/3/2017
14:59
'Today's buy/sell ratios. The buy/sell ratios of the top 5 stocks traded through Hargreaves Lansdown this morning. Berkeley Group Holdings plc 5.53% 94.47%' --------------------- So c19* more sellers than buyers, despite which the stock is enjoying a phenomenal day? Does this show that the small investor is going in the opposite direction to the institutional/volume? That might be considered rather lemming-like.
jrphoenixw2
17/3/2017
14:50
Tell me the Shorts were baling out !!!
garycook
17/3/2017
14:49
Today's buy/sell ratios The buy/sell ratios of the top 5 stocks traded through Hargreaves Lansdown this morning. Tullow Oil plc 75.29% 24.71% Lloyds Banking Group plc 65.52% 34.48% Berkeley Group Holdings plc 5.53% 94.47% Glencore plc 43.57% 56.43% Barclays plc 14.47% 85.53%
garycook
17/3/2017
14:21
Think earnings upgrade to BKG in 2017 and 2018 going to be around 10% so shares actually de- rating a little today
raffles the gentleman thug
17/3/2017
11:48
The company's policy is not to grow but to avoid over expanding at the top of the cycle and so avoid going bust or having to be rescued at the bottom of the cycle. That means that in good times they can pay out of their profits while retaining firepower to buy sites at the bottom of the cycle, possibly from distressed sellers, when they are relatively cheap.
this_is_me
17/3/2017
10:43
The company is shrinking by returning cash to shareholders not growing. It has access to nat grid sites. Schroders approached bkg as they were keen to sell their bvs stake.
r ball
17/3/2017
10:19
A short summary-view re: today's update from The Motley Fool https://uk.finance.yahoo.com/news/berkeley-group-holdings-plc-bovis-095353699.html Excerpts: 'The trading statement from Berkeley today also contained a thinly veiled attack on authorities for slowing down the company's construction business. A recent white paper from the government criticised homebuilders for not building enough houses fast enough -- something Berkeley's management apparently disagrees with. In today's update, the company noted that changes to buying patterns within London, coupled with "planning environment and increased demands from the combination of affordable housing and community infrastructure levies" had led to new starts in the UK capital falling by "some 30%". Furthermore, Berkeley went on to declare that the firm has 58 sites in London and the south east of the UK, with 22 sites which are in the planning process or at which "it is unable to start on-site due to a number of pre-commencement issues." Acquisition in the works? Barring Berkeley's apparent criticism of the government's planning policy, today's update was an upbeat one for shareholders, but the one question that's now on everyone's minds is: will Berkeley swoop on its smaller peer Bovis Homes (LSE: BVS)? Bovis has attracted the attention of Redrow and Galliford Try in recent weeks. Both firms have made an offer for the company, and both have been rejected. Bovis and Berkeley already have a history together. The latter's largest shareholder was pushing for a merger between the two groups at the beginning of the year. This first takeover dance eventually amounted to nothing, but with other predators now circling the business, Bovis could be more open to a friendly offer from the likes of Berkeley. With a market value of £4.3bn compared to Bovis's £1.2bn, Berkeley certainly has more financial firepower than Redrow and Galliford which have market values of £1.8bn and £1.3bn respectively. Moreover, Berkeley has a debt-free, cash-rich balance sheet. Considering the above, I certainly wouldn't rule out a merger between Bovis and Berkeley especially if Bovis management is particularly set against accepting an offer from Galliford and Redrow. Berkeley could be prepared to step in as a white knight.'
jrphoenixw2
17/3/2017
10:04
re: 1gw's comment^ Avg daily volume: 601k Today's volume at 9.45am = 799k https://uk.finance.yahoo.com/quote/BKG.L/?p=BKG.L
jrphoenixw2
17/3/2017
09:59
The below might be interesting to see, since they are an agent for the higher-end, the kind that markets to the 'BKG demographic'. Wednesday, 22 Mar: Savills Interim Results Which reminds me they also publish quality research re: the residential, commercial and agricultural sectors. They also have a BREXIT related section. Institutional quality research, rather than Kev down at the Streatham Branch cobbling together a 'Now's the time to buy!!' note :) hxxp://www.savills.co.uk/research/uk/residential-research.aspx This their most recent Residential/Prime Markets paper: 'A gradual comeback in confidence?' hxxp://www.savills.co.uk/research_articles/141560/214777-0 There are other analyses in there too, such as one that looks at the government housing White Paper, etc.
jrphoenixw2
17/3/2017
09:57
Average shares on loan in February were 5.2m (edit: around 4%) according to Euroclear. The 2% is just the disclosed shorters (holding positions over 0.5% short each). Then there may be a significant aggregate short position which is not supported by shares on loan because it is netted against a bigger long position held by clients of an intermediary (e.g. IG Index). So 5m shares is a lot to buy back in a short space of time when the normal daily volume appears to be under 1m (although obviously today's volume might be significantly higher).
1gw
17/3/2017
09:52
Wasn't just suggesting that This Is Me more that the IG stats are just indicative of general malaise and poor understanding of this company
raffles the gentleman thug
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