Berkeley Share Discussion Threads

[cockneyrebel] 30/6/2012 11:20

Berkeley warns of Government interference as posts "tremendous" results
Housebuilder Berkeley Group posted recession-busting results with turnover, profit and earnings per share up over 40pc.

[grigor] 30/6/2012 00:42

"In the long-term, restricted supply alongside an increasing demand from a concentration of the UK's population growth in London and the South East is likely to ensure that the prospects for new housing in Berkeley's core market remain strong, and the purchase of a new home in the right location is still one of the best long-term investments that an individual can make as well as being a place in which to live."

[grigor] 30/6/2012 00:41

Quietly getting on and increasing profits and net asset value.

[honiton] 29/6/2012 09:33

what a boring, boring, boring share.

It is so boring you can just buy the share and sit back for 3 years+.

Glad I increased my holding in tranches over the past year.

As always:-

always always average up, never average down.
keep -15% stoploss
run with the winners and cut the losers
its management, management, management.

[this_is_me] 29/6/2012 08:44

Excellent news. I am still intending to keep these long term.

[cockneyrebel] 29/6/2012 08:38

Breaking out to an all time high.

Invrstors like the big divi policy - PSN have a very similar policy - trading update in a week or so there.

imo/dyor etc

CR

[cockneyrebel] 28/6/2012 12:24

Firming up and breaking out - results tomorrow

CR

[cockneyrebel] 26/6/2012 13:12

Great chart, testin gthe recent highs - results Friday.

CR

[cockneyrebel] 22/6/2012 12:51

Results in a week - recent trading very upbeat.

CR

[chinese investor] 03/6/2012 10:38

Anthony Carey paid £5 million.

[honiton] 02/6/2012 17:35

Mentioned in FT weekend. Opening sales office (4 people) in Hong Kong. I think artcile said 40% of buyers are foreign (or was it Chinese). oh well, somethunk like that...

[cockneyrebel] 31/5/2012 10:48

0648 GMT [Dow Jones] Deutsche Bank raises Berkeley Group (BKG.LN) to buy from hold and lifts target to 1561p from 1394p. Bank says that over the coming years, Berkeley will reap the rewards from its strong land acquisition strategy with a significant pick-up in volumes driven by student accommodation and increases in selling price from its high value developments in London. "We have conducted a detailed analysis of Berkeley's London and student landbank and this has led us to increase our FY'14 pretax profit [estimate] by nearly 20% and our [earnings] forecasts are now well above consensus," says Deutsche. Shares closed Wednesday at 1202p

[honiton] 17/5/2012 12:24

bidding for 15 acre wapping site at £10m per acre!

[this_is_me] 19/3/2012 08:14

Even better looking than when I bought in for the long term.

[honiton] 12/3/2012 13:15

Promising. One of the best FTSE250 performers.

The fact that it is now derisking (i.e. stopped buying land) means that it is throwing off a lot of cash.

[honiton] 10/3/2012 19:20

Target still holds true.

Results week on Monday.

[honiton] 25/2/2012 21:10

target price £18.00. £13 dividend return and £5 post dividend business.

This share has done so well (up 60% in 2011) that I might have to sell a % of my holding to avoid too great an exposure to one sector.

Think retail may stage a recovery and NEXT worth a look. Also hopeful on electronics and engineering (less so on utilities and commodities).

[ssords] 17/2/2012 09:46

Yes, this has always been a "silent " company when it comes to keeping shareholders informed. Suffice it to say that it builds in a very remunerative area, has a good land bank and no cash problems. And not to forget the several free issues later redeemable, as compensation for an absence of a normal dividend strategy. I see it as a leader in this industry that has repaid me many times over. And then there is Barratts that has not been so kind to me but of which I am ever hopeful.
Ssords

[ssords] 17/2/2012 09:45

Yes, this has always been a "silent " company when it comes to keeping shareholders informed. Suffice it to say that it builds in a very remunerative area, has a good land bank and no cash problems. And not to forget the several free issues later redeemable, as compensation for an absence of a normal dividend strategy. I see it as a leader in this industry that has repaid me many times over. And then there is Barratts that has not been so kind to me but of which I am ever hopeful.
Ssords

[honiton] 17/2/2012 08:32

Well this was anticipated based on yesterday's price action. Increasingly positive sector sentiment.

[honiton] 09/1/2012 17:36

Target price £18.00

[honiton] 08/1/2012 19:52

amazing this was one of the top 5 FTSE 250 shares last year, yet the silence on the boards is incredible>...

[honiton] 02/12/2011 12:02

prive up 5% and yet no comment.

[honiton] 01/12/2011 12:15

Tony P. On radio 4 this morning.

officially best UK company to work for according to Mgt Today.