Berkeley Share Discussion Threads

[josels] 29/6/2009 22:55

Honiton
you may be right
market going up though should support price, this will recover not doubt about robustness of balance sheet.
A good safe for me where to invest. IMHO

[honiton] 29/6/2009 21:13

josels

no news to propel share price. drift until sept.

imho

[josels] 29/6/2009 14:48

it looks like either SAAD has sold some few more or someone is testing the market t(sudden drop).

[josels] 26/6/2009 10:20

And I will get some more soon.

[josels] 26/6/2009 10:19

bought some more/

[lafiamma] 26/6/2009 10:18

Why do they call analysts "Analysts", when clearly they don't even read through any company announcements... BKG has stated in the last 3 major news releases that it is no longer returning £3 per share and instead using it for new opportunities...

[josels] 26/6/2009 09:38

looking the graph the share is 20% close to the bottom , one should not lost its shirt investing here.

[lafiamma] 26/6/2009 08:22

Saad almost finished selling, over 90% of their 35m odd shares now placed, I imagine the remaining 3m overhang will clear today

[honiton] 26/6/2009 07:25

oh well. will have to see how mkt reacts.

[josels] 25/6/2009 15:16

remove capital and left profits , tomorrow release of company results, hopefully they are very good.

[josels] 23/6/2009 21:23

GSands
you are not the only one providing shorters' news, look the press is full of them (SAAD) and still this is going up
Good luck to me that I am going long

[gsands] 23/6/2009 21:07

Interesting to consider the American housebuilders which looked like they were perking up last September, only to fall back again.

I think this summer in the UK housing market is a similar 'false dawn'.

[grigor] 23/6/2009 13:04

Like the people who bought Lloyds at £5 for the safe dividend
who were "investing" rather than gambling.

Got a boatload of BARC at 70p :-)

[honiton] 23/6/2009 05:44

josels

BKG is viewed as a contra cyclical within its sector.

[josels] 22/6/2009 22:53

Today this go up in a bad market. excellent news

[hamsterape] 22/6/2009 22:15

Like the people who bought Lloyds at £5 for the safe dividend
who were "investing" rather than gambling.

[grigor] 22/6/2009 18:35

I'm not a short-term trader - prefer investing to gambling

[hamsterape] 22/6/2009 17:33

grigor - 22 Jun'09 - 03:08 - 158 of 160

I wouldn't call a 20% drop massive.

Most other traders would, especially over a short time-horizon.

The intra-day move on the day of liquidation was much sharper than
the end-of-day close would suggest. I think it went below 745p having
closed the night befor at 825p and 875p+ only a day before that.

You sound like you sitting on a large loss

I haven't indicated being long, short or neutral.

[gsands] 22/6/2009 16:43

'Sales of these lower-end properties now rely heavily on price sensitive cash investors, as buy-to-let mortgages are part of a previous era,' Shipside said.



LOL!

Put another way - the smart money knows there's still a long way down to go.

[josels] 22/6/2009 06:13

Economic Outlook: Fed to confirm progress
By

Published: June 21 2009 15:55 | Last updated: June 21 2009 15:55

Valentina Romei and Keith Fray

Recent cooling in global markets is partly explained by investors' realisation that they might have jumped the gun in translating recent encouraging economic news into expectations for an early recovery from the global recession.

This month's meeting of the Federal Reserve's open market committee, ending on Wednesday, is likely to confirm some progress towards recovery in the world's largest economy, but will also inject a note of caution.

The Fed will attempt to play down market expectations of an early rise in US interest rates – futures markets are pricing in a rise as soon as February – will and repeat that inflation is not an immediate concern given the huge amount of spare capacity in the economy. Any change to the Fed's policy of purchasing securities will probably wait until the autumn.

Data releases in the US this week are expected to show further positive signs.

May figures on personal income and expenditure, published on Friday, will show increased economic activity by US households, boosted by tax credits and increased government benefits. Consensus forecasts point to a rise of 0.4 per cent in personal incomes during the month.

The core personal consumption expenditure deflator – closely watched by the Fed as a measure of inflationary pressure – is expected to have risen 0.2 per cent during May, with the annual rate stable at 1.9 per cent.

The Week's Data Releases
A calendar of key statistical reports due out over the next seven days from Informa Global Markets
This week should also see further tentative signs of recovery in the US housing market. Existing home sales, out on Tuesday, are expected to rise for the third consecutive month, to 4.8m in May, up 3 per cent from April. Similarly, new home sales, released on Wednesday, are forecast at 363,000, which would be the highest rate this year.

The positive news is not expected to take in US durable goods orders for May, released on Wednesday, which are estimated to have fallen a further 1.2 per cent last month.

On Tuesday the eurozone will take centre stage, with the release of purchasing managers' indices for June. Improvement is expected in all the main measures for the larger eurozone economies, but this will indicate a slowing in the rate of contraction, rather than a rise above the 50 level – which would imply expansion – in last month's UK services PMI.

In Germany, the manufacturing index is forecast to rise from 39.6 in May to 40.9, while the services PMI is set to rise from 45.2 to 46. For the single currency area as a whole, consensus forecasts show a similar pattern, with expected rises from 40.7 last month to 42.3 for manufacturing PMI and an increase from 44.8 in May to 45.8 for services PMI.

The German Ifo business climate indicator, out on Monday, is expected to rise from 84.2 in May to 85.2. This would be the third monthly increase in a row, a strong signal of recovery.

Some positive signs are also expected in Japanese data published this week. The tertiary industry index, out on Monday, is forecast to have risen 2.3 per cent during April, after a decline of 4 per cent in March.

In the UK, the Nationwide house price index for June is released on Monday. Analysts expect a fall of 0.4 per cent in the index this month, falling back slightly after a rise of 1.2 per cent in May

[grigor] 22/6/2009 03:08

I wouldn't call a 20% drop massive.

I bought a few under £8 to stick in the drawer for 2 years. I didn't buy 16m though.

You sound like you sitting on a large loss.

[hamsterape] 22/6/2009 02:35

Are you serious?

The clumsy position-liquidation is what caused the massive drop recently.

Although it may well have been no problem selling it if the right people
had handled it. Saad's own brokers were furious, apparently.

[grigor] 22/6/2009 02:20

Who has bought the Saad stake?

Didn't seem to have any problem selling it.