Berkeley Share Discussion Threads

[this_is_me] 17/3/2013 17:50

Share price all time high.

[bamboo2] 17/3/2013 17:29

Yep. A big day! Could be a big week if they bring forward the special dividends.

[choppa] 17/3/2013 10:16

IMS tomorrow.

[this_is_me] 07/3/2013 23:52

Payment this spring is ahead of what they promised so even if it isn't very much it is a bonus.

[melody9999] 06/3/2013 21:46

bamboo - they will certainly need to increase dividend at soem point to fulfil their stated strategy. From finals : 29/6/12

Looking forward, we have updated our operating guidance which is aligned to returning some GBP568.5 million to shareholders, equivalent to GBP4.34 per share, by September 2015 whilst maintaining our balance sheet at least at the current level. The Group is currently well positioned, with the land bank and planning consents now in place, to achieve this guidance assuming overall market conditions remain resilient.

The Board also believes that there remain opportunities to add further shareholder value over the long-term through additional land investment at this point in the cycle and has maintained its target for land bank growth in the next financial year at 10%. We will also aim to meet our objective to grow the value in the land bank to GBP3 billion, now by April 2014, one year earlier than originally intended.

The objective to return some GBP568.5 million in cash to shareholders by September 2015 places a responsibility on the Board to maintain strong discipline in its investment strategy. The challenge is to balance the return of GBP13 per share in cash to existing shareholders over the remaining nine years of the plan with our continued investment in land and construction. It is forecast that we will continue to invest retained profits into land and construction until 2014 before generating the cash flow to pay the first dividends. The Board is giving further consideration to ways in which share buybacks can be integrated into this overall framework where it believes that this can create additional long term shareholder value.

[r ball] 05/3/2013 09:01

a very very boring share. but in a nice way.

[bamboo2] 05/3/2013 08:40

We have all this to look forward to in a few weeks, profits might come in higher than expectations and there could be a rise in the dividend on the cards.

An Interim Management Statement will be issued on Monday, 18 March 2013.

Interim ex-div 20/03/2013
Record date 22/03/2013
Payment date 19/04/2013

[bamboo2] 05/3/2013 08:37

Decisive! Though it still needs to hold, hopefully to end the week above 1900. Be nice to finish the week above 2000 psychological level also.

[this_is_me] 05/3/2013 08:27

That looks like a new all time high. Happy days!

[this_is_me] 27/2/2013 22:32

It is approaching the all time high of 2007 but if you look at the two year chart recent days' action is not really visible.

[bamboo2] 27/2/2013 08:29

1900 is proving tough!

[this_is_me] 25/2/2013 09:24

Another new recent high

[r ball] 20/2/2013 09:58

Wow. The two day rise has been the equivalent to 9% of my original purchase price.

As always, i expect to give back 50% of any gain.

Keep the trailing stoploss.

is there any reason at all to sell this one. Target price now must be over £24

[this_is_me] 20/2/2013 09:46

There are certainly more buyers than sellers!

[bamboo2] 19/2/2013 17:34

jonwig, are you still holding here? Do you have any updated figures for II's holdings in the header? I know for example TSB has been selling.

[r ball] 14/2/2013 16:27

This

Yes. My approach too. I used to day trade a bit but it was a mugs game. The stress was driving me nuts and then when I looked back I could have made so much more by just following a buy and hold approach. Which is what I now do.

Just do a load of research first and then buy when you are comfortable.

The best piece of advice I can give is to keep a eye on your stop losses and run your profits. PS BKG nerly hit its -15% stop loss when Tony sold a load in october time. My finger was hovering then....

[this_is_me] 13/2/2013 23:05

I forget what I paid for mine last year, but I am sitting on a massive profit with no dealing costs since I bought. This is now my largest holding. It also requires a lot less work just to sit on holdings than constantly trade them.

[mattafc] 13/2/2013 22:31

Thanks Bamboo - still in my first year trading, so trying to learn all i can. This has been one of my highlights!!

[bamboo2] 13/2/2013 21:32

I got the buy signal I hoped for yesterday, now we can take on the all-time high and the 2000

[r ball] 13/2/2013 21:24

been here since the 800p level three years back.

looking good but then the whole market is.

[bamboo2] 13/2/2013 11:31

An Interim Management Statement will be issued on Monday, 18 March 2013.

Interim ex-div 20/03/2013
Record date 22/03/2013
Payment date 19/04/2013

Pure speculation, IMS could be time for an announcement of an increase in dividend.

[bamboo2] 12/2/2013 23:13

Hi matt. I've been waiting to get back in ever since i sold at 1650 ish. I may be too early but some chart indicators look positive.
The share price trend is up.
Profit targets have previously been reported as being hit early, so perhaps the promised dividends will be brought forward.

[this_is_me] 12/2/2013 23:12

The share price is hardly going to go up in a straight line is it? If the company is undervalued then becoming more undervalued on a temporary basis is not a problem. I am intending to keep the shares for years rather than months and pick up the promised dividends, which I regard as the minimum likely payout. I would, of course, sell if the share price reached some daft level, but we are a long way short of that level.

[mattafc] 12/2/2013 22:16

Hi Bamboo - what made you come back in. I've been here since 1400's but wondering if its starting to run out of steam. Hoping next update keeps pushing towards the espoused shareholder returns

[bamboo2] 12/2/2013 22:09

Back in here, it will be interesting to see if this can take out the historical high. Should know soon enough.