Berkeley Share Discussion Threads

[tara7] 10/6/2010 18:15

Prime London on the up, so should do well here. NTA might be worth a look.

[honiton] 10/6/2010 17:10

grossly undervalued

[honiton] 08/6/2010 13:28

market sentiment is v poor.

being tarred with same brush as everyone else. overlooks defensive nature of this stock (i.e. no gearing).

fearful of property crash in UK.

thanks

[undervaluedassets] 08/6/2010 13:20

hi very tempted by the value that appears to be on offer here.

BUT;

What do folk think is the perception that is leading to shareprice decline when we have a very healthy housing market at the moment (certainly in London at any rate)

[bamboo2] 12/4/2010 11:32

still on watchlist.
on the up?

[tritan] 18/3/2010 12:49

CML: Gross mortgage lending increased £9bn
18 March 2010

Gross mortgage lending in February increased to an estimated £9.2 billion, a 6% rise from £8.7 billion in January, according to new data published by the Council of Mortgage Lenders.

An increase in lending in the shortest month is unusual but unsurprising this year, given that the end of the stamp duty holiday distorted lending figures considerably in both December and January.

Lending in February was down 6% on £9.7 billion a year earlier, but the first two months of this year are broadly in line with our forecast for lending of £150 billion for 2010 as a whole.

In today's market commentary, CML economist Paul Samter commented:

"As we look forward, we expect emerging signs of improvement as confidence in the economy grows and we move past the election. However, the need for the authorities to address fiscal deficit will inevitably slow the economy. At the same time the funding markets, while certainly better than a year ago, remain difficult and will limit the flow of available housing finance.

"Given the short-term weakness and distortions in the housing market, as well as more properties coming onto the market, it was perhaps unsurprising to see falls in some of the monthly house price indices in February. With activity unlikely to pick up much in the short term, we would expect to see continuing price fluctuation in the coming months."

[essentialinvestor] 18/3/2010 10:14

bt

He gives me 7% of any profit on a share I recommend.

It was Rothschild who said .. I always sell too soon.

But I will be honest, I did not have the nerve to hold.

[badtime] 18/3/2010 10:10

I feel yur Dad should share! :)

What do they say...''always leave a bit for the net man''

I had a target that was always a short term trade and exceeded it..so can't b 2 greedy.

Gd start to yur new career?

[essentialinvestor] 18/3/2010 09:49

My Dad got 8.33, he is laughing.

[essentialinvestor] 18/3/2010 09:47

My bro gave me level 2 indicators and said hold for 8.25-8.30.

I had bought another 10,000 yesterday at 8.04 and was holding
42,750 shares at Market Open.

12.5k in profit approx, so not too bad.


Pockets of value are becomming very difficult to find at these Market
levels imv.

[badtime] 18/3/2010 09:38

Lol...hav to say me too..looooooooooooooooool

[essentialinvestor] 18/3/2010 09:22

badtime

Very nice, I sold too early this morning(as usual).

[tritan] 18/3/2010 09:19

I know :) My only disappointment is that i've only got SB exposure to this at the moment as my ISAs are maxed out until April and I dont have a normal shares account. Hey ho, at least i'm up on my SB and hopfully I can buy a few in the not too distant future for my ISA.

[tritan] 18/3/2010 08:13

Why wont the friggin chart update on this thread........................!!!

That did it!!!

[tritan] 18/3/2010 07:57

Good day ahead one hopes :)

[d0ubtf1re] 18/3/2010 07:30

This is a fantastic statement, more than justifying your confidence Essential. Well done.

[essentialinvestor] 18/3/2010 07:27

Looking at the forcasts, that most likely means Berkeley

will do approx £105m pre tax and 56 pence + of EPS.

And a third of the Market Cap is in cash.

[essentialinvestor] 18/3/2010 07:11

They are going to beat consensus estimates.


.." In these trading conditions Berkeley has now secured the sales required to meet the Board's expectations for its full year results for the year ending 30th April 2010, which are at the higher end of analysts' expectations.

[badtime] 17/3/2010 21:24

and what guidance going forward

[essentialinvestor] 17/3/2010 21:14

badtime

I agree, the Market will look at what they say about current trading.

[badtime] 17/3/2010 20:58

History is not necessarily a guide to the future

[essentialinvestor] 17/3/2010 13:54

Its fundamentals that will drive the share price over the next couple of days imv.

The IMS is either tomorrow or Friday.

Its what BKG say about current trading and the level of reservations
that is the key.

The Short term share price is a play on that imo.

From what I see in my local area(where Berkeley also develop)
the Market is looking considerably stronger.

Just my view, we will know soon enough.

[honiton] 17/3/2010 13:34

downward trend shown above may not valid unless you adjust for cash returns to shareholders.

best to look at share price relative to eps.