Berkeley Share Discussion Threads

[abarclay] 12/7/2016 08:17

Staffline: Strong progress continues (BUY)

In an encouraging H1 trading update, Staffline has confirmed trading remains strong and in line with expectations. There has been continued strong demand from new and existing customers in recruitment, and the group continues to source record numbers of workers to supply this demand. There has been no change in demand following the EU referendum, and the improvement in the Work Programmes is now clearly showing through. We continue to believe the fundamental demand for Staffline's recruitment services will remain strong, supported by the cost savings that a flexible labour model offers clients and its differentiated model.

Our new price target is 1615p.

Analyst: Guy Hewett



STAF 665p at mo, target 1615p from Finncap

[jrphoenixw2] 11/7/2016 15:00

If so, might be the chance I considered but missed last Friday.
That said with Theresa May now unchallenged, uncertainty lifting, I don't see it back below 2400 in the near future.

[jrphoenixw2] 11/7/2016 14:31

I can hear the bear-howls of capitulation from here...

[garycook] 11/7/2016 14:25

Quality Housebuilder.Was never any doubt,in my mind.Thats why I topped up with the director,s because BKG was whey oversold with Brexit.Could take another dip,if Carney does not reduce interest rates.

[champian] 11/7/2016 13:11

Broken through £24.90 and the chart double bottom.I do believe the worse
is over for this stock

[mister md] 11/7/2016 12:14

I would say quite a lot of pain has already been priced in here (26% under recent levels)

[rubberbullets] 11/7/2016 11:20

Pidgeley will say this soon enuf - the expected slowdown of capital values in the coming months due to Brexit, the economic environment may lead to businesses holding off investment decisions which in turn may lead to the decline of the strength of the occupational market and rental demand going forward.

[jrphoenixw2] 11/7/2016 10:04

Housebuilders and miners on the leader-board this morning, BKG is up c4% at the mom. [despite all 'the gloom'].

[onjohn] 11/7/2016 09:58

Brexit: Surveys add to fears of hit to economy
Jul 8, 2016
A host of polls and reports point to poorer prospects for UK consumer spending and jobs

[dlku] 11/7/2016 09:01

Took profits. Thank you

[r ball] 11/7/2016 08:45

charts of limited us given Brexit Black Swan.

[tintin82] 10/7/2016 18:56

US buyer prepares to spend £1bn on cut price UK property



'The plan by New York-based Madison International Realty is an early sign of how opportunistic investors might seek to take advantage of any downturn in the market triggered by the UK’s vote to leave the EU.'

[r ball] 10/7/2016 15:46

Watch the triple lock go too.

[badtime] 10/7/2016 11:49

Ah democracy ..lets 'bum smack' those who voted in a way some don't agree with ..bless

[dlku] 10/7/2016 11:18

Interest rate to be cut this week

Great - lets bum smack those pensioners who voted out

Got to sell this before the rate cut tho

Former Bank insiders agreed. “Policymakers already know there’s a car crash ahead. It’s better to put the brakes on now than wait until you’re about to hit the wreckage,” said one.

[jrphoenixw2] 08/7/2016 14:55

+ c7.5% at c2.30pm. Looks like my top-up isn't going to happen today.
Ah well, I take comfort from visualising the shorters who must feel like their balls are in a vice. Bwahahaa :)

[santar] 08/7/2016 12:05

And just to confound the shorters:

With the pound plummeting post-Brexit, foreign investors are cashing in on luxury properties at a lower price in the UK.
Overseas buyers can save around 10% of the cost of a property worth £1m, according to report by The Guardian.
The pound rose to $1.50 on the day of the vote, in the hopes the UK would remain in the EU. On Thursday the value of the pound was $1.29, the lowest it’s been since 1985.
Head of commercial development Mark Cleverly at property consultancy Arcadis, said their family offices, that cater to wealthy clients, have been “pretty active” in the market.
A buyer from China was able to buy a £1m property for £112,245 on Tuesday, according to Cleverly. Similarly a buyer from the US could save up to 11% or £102,740.
He said this rise in foreign interest will provide a much needed boost for the UK construction sector given that many residential projects were put on hold since the leave vote. Developers may be suspending work in order to wait to see if construction costs will fall.
“More buyers means a more buoyant market, which can only be good news for the industry,” said Cleverly.

[badtime] 08/7/2016 11:51

EI did u sell too early:)

[badtime] 08/7/2016 10:45

Third world? Bit ott...and yes people will want too.

[chillpill] 08/7/2016 10:31

1.30 against the dollar.Sadly the UK is now a 3rd world country. Why will any foreign money want to invest serious money into an economy where there is total uncertainty.
Come back in three or six months.

Falling knives and all that.

[essentialinvestor] 08/7/2016 10:15

If anyone thinks they have a better handle on the property market than
TP, think again.