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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
  265.00 5.73% 4,889.00 4,881.00 4,887.00 4,885.00 4,640.00 4,658.00 633,766 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 1,920.4 503.7 324.9 15.0 6,141

Berkeley Share Discussion Threads

Showing 3101 to 3123 of 3425 messages
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DateSubjectAuthorDiscuss
17/8/2017
06:26
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
09:02
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
16:03
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
15:47
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
15:11
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
07:40
Dividend announcement this Thurs 17th.
bluemango
14/8/2017
18:12
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
14/8/2017
15:09
So you could make an argument that August is one of the better months to be buying, since the volume is relatively so low, the buy-backs have more of an impact, more bang for the buck, esp. if promotion is a secondary possibility...
jrphoenixw2
14/8/2017
11:21
I'd imagine that when it opens X/D on 24-Aug, that any subsequent buy-backs would be coming off the next div (ie Spring 2018). I can't see how it could be otherwise, ie trading Ex-d an unknown dividend. But, then again... I see BKG are supposedly announcing the sum of the next div [net of buy-backs] and issuing their annual report on Thursday 17-Aug. So perhaps Wednesday will be the cut-off for buy-backs coming off the div payable in September. We'll find out soon enough... Hopefully we'll get an update on their thinking re: the buy-back strategy as well. Meanwhile, another RNS: 14 August 2017. The Company announces that on 11 August 2017 it purchased 129,605 of its ordinary shares... Date of transaction: 11 August 2017 Number of Shares purchased: 129,605 Highest price paid per Share: 3615p Lowest price paid per Share: 3541p Volume weighted average price paid per Share: 3588.5444p http://uk.advfn.com/stock-market/london/BKG/share-news/Berkeley-Group-Holdings-The-PLC-Transaction-in-Own/75439466?xref=newsalert To date 3625p seems to be the highest paid [9-Aug]. > 3614p on 10-Aug, 3615p on 11-Aug.
jrphoenixw2
14/8/2017
08:48
Nevermind a profit is a profit !
garycook
14/8/2017
08:28
Also looks as if I sold here a few days too early!
fenners66
14/8/2017
08:27
Thanks gents - I did not know about the withholding tax issue.
fenners66
14/8/2017
07:59
Buyback buying big again on Friday I see. Perhaps I was a little premature in selling out. Looks like they're quite happy to buy back up to and a bit above £36. Perhaps the dividend due to be announced later this week is now fixed and they're buying back now out of distribution funds earmarked for the following distribution? Is it possible that the step up in amount spent on 11th August reflects expectations of a bigger amount available for distribution next time?
1gw
12/8/2017
10:21
re: 3038^ I don't expect to see a straight £1 lopped off on the next X/D 24-Aug. Last div 85.24p X/D 2-Mar. Share px on the day -81p. [I'm not suggesting any kind of correlation, just saying, FWIW]. My head is too frazzled after a 3hr flight that turned into 12hr one, what with getting home at 5am...ugh. But... - A material element of our div spent on buy-backs 'comes back indirectly' via the reduced net div being spread over a smaller number of outstanding div-bearing shares in issue. - If the £1 (-net of buy-backs) div impacted the share price on the X/D by £1, then - my brain is too shagged - but I expect there'd be some clever S/T trading play around the X/D with the div entitlement. IDK Interesting to see the BBs moving into a higher price range at end of the week: 10-Aug +44k@Average 3617.5 11-Aug +180kAverage 3585.75 [Previous to that, per my records, 25-Jul +40k@Average 3363.3p] - Agreed, RDSB is the one to buy for Brits. You have the added fiddle of the £/$ rate on the Record Date, but that's nothing compared to witholding tax as mentioned^ on RDSA.
jrphoenixw2
12/8/2017
04:21
fenners,Surely your better off buying RDSB,because RDSA,has a 15% Netherland witholding tax deducted at source.Been there owned both,and RDSB is the one to own.
garycook
11/8/2017
23:26
thanks redips - I bought some RDSA a couple of weeks ago - maybe I should buy some more...
fenners66
11/8/2017
13:19
http://www.dividenddata.co.uk/dividendyield.py?market=ftse100&sort=yield&;order=1
redips2
11/8/2017
09:50
Me too - been in for a few years so have had good dividends and growth - expect the £1 will come off for xd and maybe some more with that , so may come back if the yield pushes up again. Its been a good ride - now need to look around for another hi-yield
fenners66
11/8/2017
08:18
That's me out for now, selling into what I presume is more buyback activity this morning. They used a lot of ammunition yesterday (180k shares bought in the buyback) and I fear gravity may be setting in.
1gw
10/8/2017
15:24
Sold another tranche there, so a relatively small holding left now. Surprised that they were buying so high yesterday and wondering if they were in the market today but with less impact. When I compare relative share price between BKG and my other 2 housebuilder holdings, TEF (London-focused) and CRST (SE-focused) over the last 2 or 3 months the relative outperformance of BKG is impressive, and I wonder how much of that is down to share buyback. I am happy for the buybacks to continue if management genuinely believe the stock is significantly undervalued, but for now I've decided to take advantage of the buyback by selling into the shareprice strength rather than wait for the increased earnings to come through.
1gw
08/8/2017
15:44
Strong finish.
1gw
07/8/2017
06:18
Yes - BKG buying from 3416p to 3488p on Friday.
1gw
04/8/2017
13:56
I suspect the market is taking the view that due to this [potential] review/change, there'll be less house-move chains formed towards at the lower end, hence knock-on right on upwards. That said BKG is back in +ve territory right now, not sure how I'd feel is that is due to our next div being spent on buy-backs.
jrphoenixw2
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