Berkeley Share Discussion Threads

[r ball] 17/6/2015 12:35

Share price inversely related to nos. of posts.

[doe808] 17/6/2015 12:34

Think everyone is pretty much content!

Will take a proper look at the results tonight.

[rcturner2] 17/6/2015 11:57

Amazing really, FTSE 250 company, house building in London, massive cash balance, record revenue and profit, low PE, yield over 5%.

Yet you can hear a pin drop on this thread.

[rcturner2] 17/6/2015 10:05

IC online:

"Housebuilder Berkeley Homes (BKG) has posted predictably strong full year results with revenues up by 30.8 per cent and profits 44.6 per cent higher at £423.5m. The company has announced cash due on forward sales over the next three years totals almost £3bn. We keep our buy rating."

[rcturner2] 17/6/2015 09:19

This is the bit I like best:

"Net cash of GBP430.9 million (April 2014: GBP129.2 million)"

[redips2] 17/6/2015 08:32

V happy with these results......Thank you Mr B :)

[rcturner2] 17/6/2015 08:17

This is worth at least £40 a share on those results.

[chinese investor] 17/6/2015 08:10

Go Horsey !

Chinese Investor(BKG) 21 May'15
Hopefully we'll be soon north of £30 !

Chinese Investor (BKG) 19 May'15 - 08:16
£30 Soon !

[chinese investor] 17/6/2015 07:34

Solid Set Of Results !

[firtashia] 17/6/2015 07:18

Super results, beating forecasts. Now watch the the Greeks (or something else irrelevant to Berkeley) put the mockers on the share price

[rcturner2] 16/6/2015 09:46

Superb results from Crest Nicholson today, we are probably getting some read across from there.

[philo124] 11/6/2015 11:31

HSBC 3565p 10/06/15.

[redips2] 11/6/2015 11:16

Ath as I type........wouldn't mind a period of consolidation .

[r ball] 03/6/2015 08:23

still cheap. £35

[chinese investor] 03/6/2015 08:15

The Festival Continues !

[rcturner2] 02/6/2015 08:53

I prefer to be diversified. I never have more than one company in the same sector.

[dr_smith] 02/6/2015 08:36

Yep, agree on property and post election/recession growth bodes well for others, but confess I don't understand poor retail to date - atleast for supermarkets.

[r ball] 02/6/2015 08:12

Dr tindeed. I reckon sector rotation ismoving to pharma, retail and intellectual prop. property has a year or 2 to go.

[chinese investor] 02/6/2015 08:08

Great Start !

[dr_smith] 01/6/2015 14:54

I tend to avoid stop losses (or stop gains) as MM b*ggering about might mean falsely activated.
I use smartphone as my safety net to monitor and understand any radical 'real' changes before trading.
Getting balance right is hard:
Choice is overcommit in 'safe as houses'
or
put into more dodgy sector with less forward vision for sake of balance.

I have lost on gold and oil trying to keep this balance, but very much up 'net' with housing sector bias.

[r ball] 01/6/2015 13:48

me too. I have exposure through BKG, QED, LAND and TRY. the problem is that if the shareprice rises too strongly the portfolio becomes imbalanced. ho hum. I suppose keep 15% stoploss which would leave £27.50 as the trigger. (cum div of course)

[dr_smith] 01/6/2015 13:22

Ah - got you Mr Ball.
I have too much in this sector % wise, but happy to be so FTB.
Personally I don't woory too much about slightly differences in PE ratio for 1Y-2Y figures, given that it costs .5% + to switch and 'precise' forward PE calculation assumes projections are exactly the same 12 months as they are likely based on accounts with lag in reporting dates between coparison co's.

[r ball] 01/6/2015 12:21

psn may be over valued on metrics. if you have to keep sector exposure as part ofyour mandate you would switch to BKg which is, in my opinion only, an undervalued sector play.

[dr_smith] 01/6/2015 09:31

Hi R Ball,
Please can you clarify what you mean by :
>...as rotation out of psn and tw.