Berkeley Technology Share Discussion Threads

[stewjames] 09/8/2004 16:27

No change then. Still a big discount to assets. Still no sign of how shareholders may realise that value. Still whopping great running costs which they are either unable or unwilling to reduce meaning the value is slowly but surely being sucked away on wages and admin.

[holdontight] 09/8/2004 15:23

No future and no hope ! Get out while you still can !!
Truegar's gone gaga !

[cmillar] 06/8/2004 09:15

Q2 results highlights:

As of June 30, 2004, the book value per share and book value per ADR were $0.56 and $5.58, respectively. These book value per share and ADR computations exclude the number of shares held by the employee benefit trusts and the related cost of those shares.

LPAL continued to serve its policyholders; however, no new policies are currently being sold. Policyholder liabilities for LPAL fell during the second quarter of 2004 by $1.5 million to $23.6 million primarily due to maturing policies. As of June 30, 2004, LPAL's corporate bonds, cash, due from brokers and accrued interest totaled $27.1 million.

Volatility in the Company's listed equity holdings continues to have a substantial impact on the Company's financial results. The bulk of these listed equity holdings are in Packeteer, Inc. ("PKTR". The Company's Jersey, Channel Islands based insurance company, LPAL, holds most of the Company's investment in PKTR. During July 2004, LPAL sold 200,000 shares of PKTR for $2.9 million, realizing a gain of $1.7 million, which was offset by the reversal of unrealized gains of $2.0 million recorded in prior periods, resulting in a net loss of $0.3 million for the month of July 2004. Subsequent to June 30, 2004, following PKTR's earnings release, PKTR's share price declined, resulting in a fall in value of $3.1 million on the Company's remaining PKTR holding as of August 4, 2004. PKTR continues to be profitable, to generate cash and has a strong balance sheet. We are holding our current PKTR position at these price levels.

[twirl] 27/7/2004 17:10

I got rid of 200k entire holding in june at 13,5p.

Put it all into AHT an done well.

Think still plenty left in AHT.

[rivaldo] 26/7/2004 11:59

HP, I'm also out now, so you're not the only contrarian indicator round here...

PKTR's destruction was the final straw - I just got fed up really. Can't see anything happening here for a while, unless Alacritech manage to IPO which seems unlikely. Got better things to invewst in in the meantime (have a look at NRG...).

Good luck to all still here.

[hugepants] 23/7/2004 16:18

BEK price ticking up now. ROFL!!!

Contrarian indicator that I am.

[hugepants] 23/7/2004 15:27

Packeteer being decimated. Down over 40%. It was being valued as a growth stock so clearly it cant afford to post results showing a significant earnings drop.

Ive now sold my 40K in BEK since Packeteer comprise 50% of NAV. Good luck to the rest of you.

[hugepants] 23/7/2004 14:48

Packeteer down 30% on poor results. Ouch. The AR does say though that the policy is to sell off the PKTR stake. Hopefully theyve been drip feeding stock into the market the last 4 months.

[rambutan2] 19/7/2004 10:28

im never so sure of his personal interests.
hes always run it like a private company.
might suit him best just to go the whole hog, on the cheap.
if i was him thats what i would do.

[hugepants] 19/7/2004 08:07

At least the chairman, Treuger, owns 34.5% of the company. So his interests are the same as ours. I cant see the cash being needlessly pished up a wall.

[blavod extreme bes] 10/7/2004 11:45

This is going on my watchlist of 'possible' BIG recovery plays !
Any chance of more info in the header ?
Newbies shouldn't have to guess what's going on here based on the title only !

[holdontight] 10/7/2004 11:36

Are you Dutch ?

[cmillar] 10/7/2004 11:34

holdontight,

Are you Irish ?

[philut] 16/6/2004 18:28

See what you mean about sales being mopped up - 350K purchased at the end.

[rivaldo] 16/6/2004 14:03

Yep - unless there's news on Alacritech or PKTR - which I notice is now back up to almost $14.50 in the USA. Each $1 rise adds around 1p to BEK's NAV.

And any shares sold continue to be mopped up - another 300,000 already today.

[petersmith6] 14/6/2004 17:01

More like a horizontal drift for a few more months

[petersmith6] 14/6/2004 17:01

More like a horizontal drift for a few more months

[latifs100] 14/6/2004 15:38

any ideas on this one, been waiting for ages to break up or down

[holdontight] 29/5/2004 16:01

12 weeks will do it

[rivaldo] 27/5/2004 16:15

HOT, you are irrepressible! A good laugh though.

Amazing activity in the USA - 19,000 ADR's traded so far today in BEK (must be a record) with an early fall reversed. And PKTR up to £14.20 (in a good market today).

Dunno what it all means, but it's worth recording as being so out of the ordinary.

[holdontight] 24/5/2004 22:18

They're going DOWN !!!!! All the way to 9p at least. Possibly 0p of course.....VERY possible !!

[petersmith6] 24/5/2004 21:53

75000 T trade at the bell....whats hapening here?