Berkeley Share Discussion Threads

[r ball] 18/7/2016 20:35

Berkeley aren't into the mass market and their land bank was bought when prices were cheaper. Risk managed through partnerships (Pru and National Grid)

[jrphoenixw2] 18/7/2016 19:40

What does BKG going up 2% today tell you? The world, apart from the bears here, are all fools? 'You decide'.

[montyhedge] 18/7/2016 18:48

Go into London on the train to Waterloo, London is a building site 2 bed, 2 bath flats everywhere. Can they all be get sold?

[jrphoenixw2] 18/7/2016 15:23

The bears seem confused as to the difference between commercial property demand, vs residential.

Meanwhile against their background yadda-yadda the stock is up 1.7% intra-day, three times the index.

[cancun tango] 18/7/2016 10:37

The U.K. capital’s housing market faces an oversupply of apartments that Londoners can’t afford and fewer landlords want after tax changes made owning real estate less attractive. Even before the vote, values were facing a “major shock” as landlords offload properties after increases in levies and new lending rules reduced their returns to near zero, analysts at Deutsche Bank AG said a week before the referendum. Home prices fell 1.4 percent in May, the biggest monthly fall in about five years.

[cancun tango] 18/7/2016 10:35

Brexit will damage the U.K. economy and residential property values in London could fall by more than 30 percent, Societe Generale SA analysts including Marc Mozzi wrote in a note to clients on Monday. U.K. homebuilder sales will drop by 5 percent, according to Barclays Plc analyst Jon Bell.

[elsa7878] 17/7/2016 21:58

Apparently some of these comercial property funds are selling off properties at 50% off to raise cash. Just so you know, you need to be a cash buyer prepared to close within weeks....This takes prices back to 2008 levels and yields at 8%. Nice if you can get it.

On the resi side. 52,000 river side new properties coming on stream in London. Expect 50% reductions by some developers according to a very succesful property developer friend of mine. Won't happen overnight....

[dadedidodu] 17/7/2016 14:15

Guardian
Brexit impact is going to be horrible, says leading City fund manager
Richard Buxton predicts that UK economy will judder to a halt

[dadedidodu] 14/7/2016 13:12

BANK OF ENGLAND SAYS HOUSING AREA OF WEAKNESS

[jrphoenixw2] 12/7/2016 10:44

Hehe. Looks like the shorters are getting margin-called/squeezed out and forced to cover. Wonder how Odey is doing this week... hehe...

[abarclay] 12/7/2016 08:17

Staffline: Strong progress continues (BUY)

In an encouraging H1 trading update, Staffline has confirmed trading remains strong and in line with expectations. There has been continued strong demand from new and existing customers in recruitment, and the group continues to source record numbers of workers to supply this demand. There has been no change in demand following the EU referendum, and the improvement in the Work Programmes is now clearly showing through. We continue to believe the fundamental demand for Staffline's recruitment services will remain strong, supported by the cost savings that a flexible labour model offers clients and its differentiated model.

Our new price target is 1615p.

Analyst: Guy Hewett



STAF 665p at mo, target 1615p from Finncap

[jrphoenixw2] 11/7/2016 15:00

If so, might be the chance I considered but missed last Friday.
That said with Theresa May now unchallenged, uncertainty lifting, I don't see it back below 2400 in the near future.

[jrphoenixw2] 11/7/2016 14:31

I can hear the bear-howls of capitulation from here...

[garycook] 11/7/2016 14:25

Quality Housebuilder.Was never any doubt,in my mind.Thats why I topped up with the director,s because BKG was whey oversold with Brexit.Could take another dip,if Carney does not reduce interest rates.

[champian] 11/7/2016 13:11

Broken through £24.90 and the chart double bottom.I do believe the worse
is over for this stock

[mister md] 11/7/2016 12:14

I would say quite a lot of pain has already been priced in here (26% under recent levels)

[rubberbullets] 11/7/2016 11:20

Pidgeley will say this soon enuf - the expected slowdown of capital values in the coming months due to Brexit, the economic environment may lead to businesses holding off investment decisions which in turn may lead to the decline of the strength of the occupational market and rental demand going forward.

[jrphoenixw2] 11/7/2016 10:04

Housebuilders and miners on the leader-board this morning, BKG is up c4% at the mom. [despite all 'the gloom'].

[onjohn] 11/7/2016 09:58

Brexit: Surveys add to fears of hit to economy
Jul 8, 2016
A host of polls and reports point to poorer prospects for UK consumer spending and jobs

[dlku] 11/7/2016 09:01

Took profits. Thank you

[r ball] 11/7/2016 08:45

charts of limited us given Brexit Black Swan.

[tintin82] 10/7/2016 18:56

US buyer prepares to spend £1bn on cut price UK property



'The plan by New York-based Madison International Realty is an early sign of how opportunistic investors might seek to take advantage of any downturn in the market triggered by the UK’s vote to leave the EU.'