Berkeley Share Discussion Threads

[cockneyrebel] 26/10/2012 08:11

TW. , BVS, PSN and others all with trading updates in the coming fortnight - buying from funds likely ahead of then imo.

CR

[cockneyrebel] 16/10/2012 10:18

London house prices up 12%.

RICs sayin sales set to rise in the spring.

BWY up 6% on great results today and this thread is dead - I luv it - shows how far under bolders investors are hiding imo.

Wait till all the money pours out of bonds into high yielding equities like this imo.

CR

[cockneyrebel] 15/10/2012 08:19

London house prices soar at 8%




Asking prices recover in September



Average asking prices rose 3.5% in September with new sellers asking for an extra £8,310 - the biggest increase for eight months

[honiton] 29/9/2012 10:27

AGM Sept. 2012 statement

Trading for the period has been in line with the Board's expectations. In addition, the completion of 149 properties at Grosvenor Waterside in the period, out of the 185 remaining properties which had previously been forecast to be delivered over the next three years, has benefitted earnings in the current year which are currently anticipated to be at the top end of analysts' expectations. All these properties were paid for in full at the year end and no additional cash will be generated by the business from the acceleration of these sales.

[honiton] 29/9/2012 09:51

weakness. Lloyds and Tony reducing their stakes.

[badtime] 24/9/2012 21:52

Demand for berkeley homes doesnt seem to b a problem balls

[bamboo2] 24/9/2012 17:19

blueball, I like the potential divi here, so I hold for the long term in an ISA.
From the recent IMS,

"Berkeley has set a clear long term operational strategy to return GBP13 per share to shareholders by 2021 and to maintain the balance sheet at a similar level as at 30 April 2011. Berkeley remains on target to achieve this."

[blueball] 24/9/2012 12:59

Due to low demand for new builds.

[badtime] 23/9/2012 14:01

On what basis balls

[blueball] 23/9/2012 13:57

Target price 890p by 2013.,

[honiton] 16/9/2012 20:28

Target share price £18.

[bamboo2] 14/9/2012 16:54

All going ok here. still on for 1650 target.

[cockneyrebel] 06/9/2012 11:31

06 Sep Berkeley Group... BKG JP Morgan Cazenove Overweight 1,501.50 1,498.00 1,500.00 - Reiterates
06 Sep Berkeley Group... BKG HB Markets Buy 1,501.50 1,498.00 - - Reiterates

[cockneyrebel] 05/9/2012 08:30

£15 getting taken out here - must get broker upgrades imo - all builders coming in favour off recent builder results and gov action imo.

CR

[cockneyrebel] 05/9/2012 07:28

This is a class act imo.

Probabably a single digit PE here going fwd and arounf 10% yield imo. Cheap imo.

If the gov boosts the housing market with easie, cheaper loans and easing planning these are hideously cheap imo.

CR

[skinny] 05/9/2012 07:03

Trading for the period has been in line with the Board's expectations. In addition, the completion of 149 properties at Grosvenor Waterside in the period, out of the 185 remaining properties which had previously been forecast to be delivered over the next three years, has benefitted earnings in the current year which are currently anticipated to be at the top end of analysts' expectations. All these properties were paid for in full at the year end and no additional cash will be generated by the business from the acceleration of these sales.

[cockneyrebel] 03/9/2012 15:44

Yep, should be interesting - making new highs today too.

CR

[honiton] 03/9/2012 15:04

Update this week.

[cockneyrebel] 03/9/2012 07:41

London Luxury Property Mkt set to boom.

CR

[cockneyrebel] 21/8/2012 13:24

Whole sector makin gnew highs off of PSN results - a huge divi payout ther eas well as here over the coming years

CR

[cockneyrebel] 18/8/2012 10:37

LONDON (SHARECAST) - Results season for the house builders is upon us, and Bovis Homes kicks it off on Monday after releasing what Peel Hunt regarded as the weakest trading statement of all the companies in the sector back in July.

Peel Hunt's beef is with Bovis's margins, which the broker thinks look set to slip below the levels seen in the second half of last year.

Peel Hunt is forecasting headline pre-tax profit of £14.6m, or £10.7m if land sale profits are excluded.

"We exclude land because of its weight: it represents 30% of pure housing profits," Peel Hunt explains.

"Bovis is trying hard to rectify a poor ROIC [return on investment capital] but we still cannot see the return being higher than 6.5% even by 2014 with the risks being more towards undershooting than beating current consensus. This must drag on valuation," argues the broker, which has a "sell" recommendation on Bovis.

Bovis's sector peer, Persimmon, follows up on Tuesday with its interims. "Attention will focus on current trade comments in our view, in order to get a feel for the sector's health ahead of the important Autumn trading season," Panmure Gordon said.

"We heard from Taylor Wimpey and Bellway a couple of weeks ago that July had perhaps been a little better than expectations with sales rates still ahead YOY [year-on-year] (though the volume of sales was much reduced due to the normal seasonal profile of sales). It will be interesting to see if August has maintained that momentum so far, so that we can get a picture of how the sector will run into September when trading becomes more important," the broker continued.

Panmure Gordon is forecasting an interim profit before tax of £90.9m, which is in excess of a 50% increase YOY

[cockneyrebel] 15/8/2012 10:30

A new high again today - agree re your target bamboo - a breakout like this is usually good for 15-20% imo.

CR