Berkeley Share Discussion Threads

[r ball] 17/1/2013 08:10

morgan stanley upgrade yesterday.

[bonnard] 16/1/2013 11:50

Thaks for the information guys.

[r ball] 16/1/2013 10:18

this is

so target price £27.00. Can't disagree with that.

My target was £18 but it been busted on the upside so I'm using a trailing stop loss.

Have increased holding on the way up....as you do.

[this_is_me] 16/1/2013 09:57

The company have stated that they will not try to exp[and the comp[any above its natural market. They have the land and sites in operation to return cash to shareholders as the sites under development mature and the properties sold. The cash due on forward sales is £1,300 million with more sales to come. After returning all that cash over an 8 year period I expect the company to still be worth around £12 a share.

All businesses carry a risk, but I think that this is a well run company that has stated that they will not over reach themselves and just keep doing what they have a track record of doing best.

[bamboo2] 16/1/2013 09:48

R Ball, It is a Berkley development. They said on the news that it was very misty at the time.

[r ball] 16/1/2013 09:18

hmmm. hasn't the helicopter just crashed into their crane.

sad news.

Bonnard: this co. is committed to return £15 to shareholders. The underlying business is at least worth £5.00.

pluses:-

management team
land bank
targetting chinese and russian buyers.

negatives:-

over exposure to london
greater value elsewhere in sector
interest rate increases (albeit most buyers pay cash)

[bonnard] 16/1/2013 09:12

This is me, would you care to expand on your view that this is still very undervalued. I am a holder and tinking about increasing. Bon

[this_is_me] 16/1/2013 08:24

It is still very undervalued. A well run company ahead of target for return of money to shareholders. My largest holding.

[choppa] 15/1/2013 22:22

Would like to buy in here but got that feeling its running away from me.

[this_is_me] 02/1/2013 14:46

Onwards and upwards, still very undervalued.

[honiton] 19/12/2012 17:39

Might have to raise target price of £18.00 as its getting close.

[bigbigdave] 09/12/2012 07:50

Good News Britain: Berkeley can power up UK plc

[mattafc] 07/12/2012 22:21

One of my first picks. Been in this since 1400 based on a modified Jim Slater screen that gave me this and Filtrona.See no reason to sell yet, trusting the boards strategic objective of returning capital to shareholders starting with the April 2013 dividend

[grigor] 07/12/2012 21:28

FTSE 100 soon

[this_is_me] 07/12/2012 14:35

It just gets better!

[honiton] 07/12/2012 08:18

Still no reason to sell. qv. Benjamin Graham and all that....

Core portfolio holding.

[honiton] 07/12/2012 08:11

Oh well, there's a bit of the upside.

[honiton] 02/12/2012 09:52

With he shareprice having lagged other builders this year : then a relating could b on the cards.

Buy opportunity 20% upside next year.

[bamboo2] 30/11/2012 16:10

taken profits. hope for a drop now so I can get back in. £14 would be nice, but would settle for £15
good luck.

[bamboo2] 30/11/2012 09:18

target 1650 achieved. What next?

[bamboo2] 28/11/2012 00:10

good looking chart.

[grigor] 06/11/2012 11:17

Other housebuilders seem to be belatedly following BKG's business model of concentrating on the South East and abandoning volume house building

[badtime] 26/10/2012 09:47

dipped back in close to the recent low of 1400..paid 1415