Berkeley Share Discussion Threads

[phoenixw2] 03/11/2016 11:17

Lol, looks like most of the posters this morning are on the wrong side of the px. Perhaps Odey is capitulating.

[raffles the gentleman thug] 03/11/2016 10:58

Oh dear - looks like everyone got the same short trade on here

[w1ndjammer] 03/11/2016 10:37

well done monty perfect timing..

WJ.

[raffles the gentleman thug] 03/11/2016 10:20

To what extent do charts really matter when this company still has 43% of its market capitalisation to return to shareholders - of course the shares will ultimately fall below £20 to reflect this - but today the £10 of dividends payable to shareholders through to 2021 should still very much be embedded in the share price

[rcturner2] 03/11/2016 10:03

wishful thinking, that is a terrible chart

[nw99] 03/11/2016 09:56

Looks a buy here double bottom on chart

[montyhedge] 03/11/2016 09:45

Under 2000p in my view is a certainty.

[warranty] 02/11/2016 19:02

I wouldn't bet on that CatsWhiskers, I think Trump will just sneak it, a la Brexit Mk2. I think the polls are missing something and although people don't love Trump they do despise Clinton and it's a simple case of ABC - Anybody But Clinton!!! Get the tin hats out again or conversely get the cash ready there could be bargains around.

[r ball] 02/11/2016 18:42

AnleyIt's was so long ago that bid.

[catswhiskas] 02/11/2016 18:03

I think Trump will just miss out but only just ,bookies have Clinton at 4/11 Trump at 2/1 agree with montyhedge the markets will tank if he does win but just cant see it on the day

[montyhedge] 02/11/2016 17:51

If Trump wins this will be below 2000p.

[anley] 02/11/2016 17:36

Now that is an interesting prospect but does the son have the "balls" to bid?

[r ball] 02/11/2016 13:14

You've got to wonder what the aged 69 Tony wants to do with his stake.

Having rebuffed his son's takeover bid a decade or so ago, it could be up for grabs.

[anley] 02/11/2016 11:54

Thank you for that and I agree about the bargin hunting as they have a big need to keep investing.

BKG is undervalued and my calculations and ShareScope give it a £34 per share Earnings Power Value. Blackrock have tools to guide them.

[phoenixw2] 02/11/2016 11:10

Interesting anley, I was posting something similar over on the LRE/Lancashire board an hour or two ago. Black Rock have just upped their stake there too [RNS overnight], such that together with Woodford they now have a combined 25.x% position. Seems like Black Rock are aggressively bargain hunting in the UK market.

[anley] 02/11/2016 10:02

I see the mighty Blackrock have taken their stake over 10%.........interesting especially before the results are due soon.

[rcturner2] 02/11/2016 07:36

Housing is cyclical. Good profits now reflect good land prices 4/5 years ago. The current business model of Berkeley is far more like a return of capital and all calculations around PE ratios and dividend yields are very misleading as a result.

[phoenixw2] 02/11/2016 07:00

@Kev. Well there is the point you make, plus the fact BKG pitches at the higher end of the market which is going to get clobbered hardest by the newly hiked stamp duty levels.

[red5] 01/11/2016 22:40

Dr_smith I know sir just wanted to clarify my take.

[dr_smith] 01/11/2016 21:07

Cheers red5 - for clarity, it was a gentle leg pull on my behalf. :-)

[red5] 01/11/2016 20:55

Dr_smith. Thanks for the advice I am big boy now so I did some homework I like the divi and have portfolio which is taking into a various factors I just wanted some views on this share from others.

I work with architects and designers helping them specify FFE. So I get a ground upward view of what is happening in sectors.

[kev0856153] 01/11/2016 15:42

This one is really under-performing compared to its peers today.
Is this simply because of the London and South East focus and the perception that the higher end of the market is more susceptible to the detrimental effects of Brexit?

[anley] 01/11/2016 11:44

So he still has a profit but that is being eaten up with charges and a rising price should the results meet market expectations...........we shall see.

Thanks for posting that useful info.

In the meantime my City solicitor friend has taken on an assistant to handle the Far Eastern buyers. You may ask what are they buying...........houses/flats for a hedge and have capital overseas as well as renting out or using it for their children who go to school or Uni.

[bluemango] 31/10/2016 22:28

Odey buy-backs continue apace. Now at their lowest short position since March 2016, three months before the referendum.