Berkeley Share Discussion Threads

[mister md] 27/6/2016 09:03

Garycook - good opportunity to pick up some high yielders once this all settles down - and not just in the housebuilders sector ;)

[garycook] 26/6/2016 12:56

Think you are correct.

[montyhedge] 25/6/2016 22:26

Friday morning a guy from Far East pulls out of £35m London property exchange, ouch.

[chillpill] 25/6/2016 06:57

"Balls of Steel" Odey. Definitely have you looked at the price volatility of Odey Swan Fund?
I can't see any foreigners buying London property for at least a year. London prime will drop 25% maybe more.

[lauders] 25/6/2016 01:04

A 52,000 pound director buy isn't too shabby! Probably could get them lower on Monday with the close on the DOW in the US yesterday though.

[montyhedge] 24/6/2016 21:06

Brexit lol bricklayers and plumbers etc, £750 a day.

[cancun tango] 24/6/2016 08:28

Wow. Crispin 'balls of steel' Odey, what a guy.http://shorttracker.co.uk/company/GB00B02L3W35/all

[jrphoenixw2] 17/6/2016 08:23

It's at c3032 right now, say +80p on the open

[r ball] 17/6/2016 08:19

embedded value.

[jrphoenixw2] 16/6/2016 09:40

Just for the record in case anyone needs this info and hasn't had it yet, I received this advisory from Interactive Brokers this morning...
-----------------
'Cash Dividend BKG@LSE
BKG@LSE (Name: BERKELEY GROUP HOLDINGS) announced a cash dividend with ex-dividend date of 20160811 and payable date of 20160915. The declared cash rate is GBP 1.

I.e. GBP1.00, 100p

[r ball] 16/6/2016 08:57

there's a bit more marmite for you.

[cancun tango] 15/6/2016 12:11

‘It should be recognised that the Group's forward sales have now peaked as we enter a period of enhanced delivery over the next two years

reservations for the first five months of the calendar year are 20% down on the same period last year

transaction levels in both the second hand and new homes market have not increased to the levels we all would hope for at this stage in the cycle’

Sounds like they have supply increasing, just as demand is reducing = big discounts ahead.

[jrphoenixw2] 15/6/2016 11:53

Thanks for interpreting that expression for me :)

Meanwhile yesterday Deutsche re-iterated BKG as a Buy:
14-Jun-16 Deutsche Buy - Price 2,990.00p Target [12 months] 4,185.00p Reiteration

That's +40%... wouldn't that be sweet...

[barnesian] 15/6/2016 10:12

Exactly.

I think the statements of the Chairman and CEO are clear, thoughtful and informative - and a model for such statements. Well done to them.

If you are a bear, you will see all the short term negatives in these statements.

If you are a bull, you will see the long term strength and quality of management.

I'm sitting this out for the moment. Too much risk and uncertainty of Brexit.

[r ball] 15/6/2016 08:12

marmite results.

[bluemango] 27/5/2016 10:19

Possibly hedge fund shorting activity again (but only a guess); the aggregate short position has been creeping up again e.g Odey slightly increased but still off the peak overall position reported some weeks ago.

Puzzling, as the EU polls seems to be pointing towards Remain however much some of us wish it could be otherwise. Would have thought BKY sentiment would improve on a Remain decision, so if this is indeed hedge funds gambling on a late swing towards Brexit then imv they're taking rather a risk given the way the polls are looking (and the bookies).

[jrphoenixw2] 27/5/2016 09:52

Anyone know what's triggered the sell-off this morning, just a while back it was at -1.8%
No corporate/RNS announcements... nothing else obvious I can find... ?

[mike24] 27/5/2016 09:30

in or out we are stuffed because of the
incalculable damage politicians have done,

[cosmicboy] 25/5/2016 22:30

Re Brexit bookmakers odds for brexit are around 1/7 stay 4/1 leave, they don't get it that wrong, we are staying in.

[ponywen] 25/5/2016 21:51

Why do you think you would have to take a hit. They said we would be worst off after we left the erm instead we prospered.Another loan to Greece to pay off a previous loan-a recipe for disaster ,why would we want to stay on a sinking ship captained by unelected and unaccountable bureaucrats.

[jbarker5555] 23/5/2016 22:58

BREXIT -I'm happy to take a hit personally in the short term to see the next generation rule themselves rather than suffer an un-elected body. AIMO :)

[jrphoenixw2] 23/5/2016 08:28

Good point, one to watch ->
Preliminary Announcement of Results - 15 June 2016
and next up
Annual Report Publication Date - August 2016

hxxp://www.berkeleygroup.co.uk/investor-information/financial-diary

ps. The week pre the BREXIT vote has been described as 'peak-fear' week for the markets, with potentially heightened volatility esp if the outcome looks close.

[r ball] 23/5/2016 07:47

prelims week before Brexit.