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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
  -85.00 -2.03% 4,095.00 4,114.00 4,118.00 4,207.00 4,100.00 4,175.00 1,024,859 16:35:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 2,957.4 775.2 481.1 8.5 5,148

Berkeley Share Discussion Threads

Showing 3101 to 3124 of 3375 messages
Chat Pages: 135  134  133  132  131  130  129  128  127  126  125  124  Older
DateSubjectAuthorDiscuss
26/8/2017
09:49
@This-is According to my notes on XD 24/Aug, for 51.79p, shares were -3p to 3683p. So they were down on the day, but then another perspective is they were up a net of 48.79p on the day if including the div entitlement. Volume recently has been low, but then volumes generally are in the typical deep summer lull. However on Monday through Thursday volumes in BKG were somewhat above average [Mon 129%, Tue 137%, Wed 117%, Thu 131%] before resuming the long w/e doze on Friday [80.5%]. Despite the Friday Zzzzz someone was buying, as it was +15p/+.41%>3698p, despite the FTSE100/250 both ending slightly negative on the day.
jrphoenixw2
26/8/2017
09:36
Dubious about positive effect on share price of buybacks. Would much rather have cash in hand with full divi. Buying a few percent has minimal effect on earnings per share. Hard to dedect effect on share price of buying back?
ganthorpe
25/8/2017
18:22
Ex div yesterday
r ball
25/8/2017
17:24
Shares went ex div and went up.
this_is_me
24/8/2017
02:53
Another reduction in Odey's short position, now down to 0.81%, the third reduction in their short since June.
bluemango
21/8/2017
14:57
BKG is top of the FTSE-250 (Mkt Capn)@ 5.055Bn, would put it at 93rd in the FTSE-100 (a/o now). Next reshuffle valuation cut-off, post-close Tuesday 29th. Afterthought: I'd forgotten that the share goes X/D on 24th for 51.76p. With about 136mm shares in circulation that suggests -£70mm off the market capn, pre the reval cut-off. Hmm...
jrphoenixw2
17/8/2017
16:01
Nice, 3908. FWIW - Think it's a reiteration [of their buy] up from their previous target of 31-May of 3604.
jrphoenixw2
17/8/2017
15:02
BKG,Raised to buy by Deutsche Bank with a 3908 PT
garycook
17/8/2017
11:10
They need to get to 90th in the FTSE ranking to get automatic entry don't they? I use the UK Stock Challenge spreadsheet as a guide - go to the "FTSE Ranking" tab. As of 28th July, BKG was some way off 90th place, but looking at today's market caps I think they're neck and neck with Micro Focus which was in 90th position on 28th July. Haven't checked how the stocks in between have moved though. hTtp://www.stockchallenge.co.uk/ It could be that it's close enough now that some FTSE100 index funds are buying it (and maybe some FTSE250 funds are selling it) in case it does make it by the cut-off date. So maybe a net boost from this activity.
1gw
17/8/2017
09:45
£42!? WTH was paying that? Perhaps someone put in a buy at MKT order and there was no offer-side below £42 :) Maybe I should put a GTC sell-order in around there to catch any future dopey early-birds, and let them peck away at it. - Earlier this morning we were c£50mill behind Smith-DS at 2nd/1st at the top of the FTSE-250. That's now shrunk to £18mill. [/136mm shares in issue, if SMithDS stands still, it just needs another +13p to pass it and lead the FTSE-250. Of little consequence in itself I know...]
jrphoenixw2
17/8/2017
08:33
At 8am BKG were showing £42 on the pre-market Auction.Thinking of selling,but what can you buy in its place ?
garycook
17/8/2017
08:24
I was wondering what they were going to do re: the buy-back programme. Could they ever announce it's over, and what impact might that have on the SP? Perhaps it would give the shorts a clearer line in the sand to work against? Maybe announcing it's continuation, even if they don't intend to use it, is the only thing they could do? They can't broadcast their buy-back range, the uncertainty has a value itself [vs shorts]. I don't know, and would be interested in others' thoughts. Are they targeting a specific share price, some other derived value metric, re-promotion? But perhaps on this too, the uncertainty has it's own value.
jrphoenixw2
17/8/2017
08:01
Opened [first print] 3708 +14p ...and pushing on... 3716, making a new 52wk high -and FWIW/in passing, Ex-divs are due to take 9.65pts off the FTSE-100 open this morning...
jrphoenixw2
17/8/2017
07:51
@1GW - yep I edited/added that qualifier into my recap^, interesting change eh? I hope Odey etc are feeling that warm glow of the vomit rising this morning ;) Cheers Gary. A friend of mine also holds them and every few weeks he has the time/patience to forensically follow all the RNSs re: funds paid out in buy-backs, so the foundations of my earlier estimate were built on his work. [Bless him :)]. Going to be veeery interesting to see where they open this morning. A/o last night they were still in 2nd spot in the FTSE-250, well positioned for promotion. As is, today, I suspect promotion is on the cards. And if so perhaps the Board will get their 'fair value' without spending more of our next div?
jrphoenixw2
17/8/2017
07:42
It looks like some shareholders have complained about buy backs at current levels. I do not see any advantage in share buy backs at the current share price.
this_is_me
17/8/2017
07:36
JRP, Spot on with your forecast.Well done.Do you work for BKG Ha Ha Ha.FTSE 100 here we come !
garycook
17/8/2017
07:32
Good estimate on the divi jrp. Note the mission creep in the last sentence of the rns: "not only when the shares are materially undervalued".
1gw
17/8/2017
07:26
Next div is a net 51.76p X/d 24/8/17 R/d 25/8/17 P/d 15/9/17 135,963,431 shares [currently eligible for the div] The buy-back programme remains in place, to be used as currently ie. when the Board deem to share price to be 'materially undervalued', BUT additionally when they consider that buy-backs are in the shareholder's 'best interests'. Full declaration below: ----------------------------------------- 'DIVIDEND DECLARATION The Directors of the Company are pleased to announce that an interim dividend of 51.76p per share will be paid on 15 September 2017 to shareholders on the Company's register of members at close of business on 25 August 2017. The ex-dividend date is 24 August 2017. The Company has set out to return £277,690,956 per annum under the Company's Shareholder Returns Programme. This amount is to be increased by £2 per share for any new share issued or re-issued from Treasury since 2 December 2016. Distributions include share buy-backs undertaken since 2 December 2016 as well as dividends paid in the 12 months ending 30 September each year. The table below sets out the current position for the 12 month period ending on 30 September 2017. Dividend paid 24 March 2017 £117,721,350 Dividend to be paid 15 September 2017 £70,374,672 Share buy-backs undertaken since 2 December 2016 £89,673,201 [Total sum] £277,769,223 The target under the Shareholder Returns Programme for the 12 months to 30 September 2017 is £277,700,278, with 135,963,431 shares currently eligible to receive a dividend. Any surplus returns are rolled forward to future periods. The Directors also announce that the next £138,850,139 shareholder return will be provided by 31 March 2018 through a combination of dividends and share buy-backs. This amount will be increased appropriately in the event that any new shares are issued either from treasury or as newly listed shares. The amount to be paid as a dividend will be announced in February 2018, taking account of any share buy-backs made in the intervening period. Share buy-backs will be undertaken to the extent the Board believes these are in the best interests of all shareholders and not only when the shares are materially under-valued.' https://www.investegate.co.uk/berkeley-grp-hlds/rns/dividend-declaration/201708170700062116O/
jrphoenixw2
16/8/2017
10:02
Quarterly review, effective Sep-2017 a) Mkt Capn data cut-off: 29-Aug b) Notice of rebalance issued: 30-Aug (post-close) c) Rebalance date: 18-Sep And FWIW the final one this year, Dec-2017 a) 28-Nov b) 29-Nov c) 18-Dec hTTp://www.ftse.com/products/downloads/FTSE_FAQ_Document_UK_2017.pdf
jrphoenixw2
15/8/2017
17:03
It managed to briefly shake off it's summer lull, and post above average 30-day volume, 430k vs 416k. +44p +1.21% on the back of [some] volume.
jrphoenixw2
15/8/2017
16:47
Last note I made [13-Aug] on the net div suggests it'll be around 51.7p [E+EO]. Though that does not allow for the smaller pool of in-issue shares eligible to receive the div.
jrphoenixw2
15/8/2017
16:11
Yes the dividend is going to be a lot less than 100p due to the buy backs so any hit to the share price when it goes ex div. is going to be muted. My two construction firms, BKG NTBR, are by far my largest holdings, due to their huge price gains. I see no need to sell any shares in either given that both are still on low ratings.
this_is_me
15/8/2017
08:40
Dividend announcement this Thurs 17th.
bluemango
14/8/2017
19:12
Yes, but at some point they may push their luck too far. It looked like they were struggling on Thursday to keep the price up, despite ramping up the volume they were prepared to buy. If they are confident that the shares are undervalued by the market and that this will become apparent as they produce trading statements and results, then that's OK (IMO), but as soon as they start moving towards just trying to increase earnings per share or worse trying to get it above a nominal share price target they have in mind, then they are vulnerable to someone trying to take them on. Their original buyback announcement read as though the buyback was going to be value-focused, buying back when the share price materially undervalued the company (in their view). I have sold out because I fear it may have moved beyond this. They may well share an update on the thinking behind their buyback activity when they announce the dividend later this week.
1gw
Chat Pages: 135  134  133  132  131  130  129  128  127  126  125  124  Older
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