Register
Login:
Share:
Email Facebook Twitter

BKG Share Chat - RSS Feed

Berkeley Group Share Chat (BKG)



Share Price: 2,250.00Bid: 2,249.00Ask: 2,252.00Change: 42.00 (+1.90%)Riser - Berkeley Gp.hld
Spread: 3.00Spread as %: 0.13%Open: 2,206.00High: 2,268.00Low: 2,203.00Yesterday’s Close: 2,208.00


Share Discussion for Berkeley Gp.hld (BKG)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


MY21
Posts: 3,690
Off Topic
Opinion:No Opinion
Price:2,430.00
Stamp duty costs up for Londoners
17 Jul '14
Londoners face a 36% rise in stamp duty as homes are set to hit £500,000

London home-buyers could face a 36% jump in their stamp duty bill in the next two months as the average house price in the Capital breaches the 4% property tax threshold. The cost of the average London dwelling is rapidly approaching the £500,001 mark, at which point the stamp duty banding changes from 3% to 4% on the purchase price of the house.

The value of a typical home in the Capital rose 20% over the year to May and is now valued at £492,000. Sitting within the 3pc stamp duty banding this would cost the buyer £14,760 in tax.
 
boomorbust
Posts: 5,590
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:2,393.00
BKG
26 Jun '14
Nice rise today. Deutsche Bank have reiterated their target price of 2877
Libero
Posts: 2,519
Off Topic
Opinion:Strong Buy
Price:2,288.00
Great opportunity
25 Jun '14
forward EV = 4279 / forward PBT (assuming same growth) = 8
forward PER (using diluted EPS) = 2288 / 252 = 9
Very high yield of almost 8% too

Share price barely moved year on year despite a large 34% rise in EPS and 40% rise in PBT.

Surprising!

Looks like a real opportunity this...
boomorbust
Posts: 5,590
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:2,295.00
Tailender
19 Jun '14
Agree and of course Berkeley are much less reliant on the Help to Buy Scheme than other housebuilders:-

"Whilst the Government's Help to Buy scheme has been helpful in bringing home ownership to within the reach of many more people, it has had limited benefit to Berkeley as a whole due to the proportion of its sales which are off-plan. On the 17 schemes where qualifying properties were available, it has supported some 36% of sales in the year, a total of 159 sales over the last twelve months"

So only 159 sales out of a total of 3,742 - just over 4%. Housing demand in London and the southeast appears to be strong and the outlook for BKG very positive:-

"With cash due on forward sales now approaching £2.3 billion and estimated gross margin in its land holdings now in excess of £3 billion"
Tailender
Posts: 128
Off Topic
Opinion:No Opinion
Price:2,228.00
P.S.
18 Jun '14
Have just read that Numis have upgraded BKG from hold to buy, because their share are "too cheap". I rest my case.
Tailender
Posts: 128
Off Topic
Opinion:Strong Buy
Price:2,223.00
Thoughts on Housebuilders.
18 Jun '14
Six months ago everybody loved housebuilders. Now they seem to hate them. Talk of cutting the Help to Buy scheme and raising ineterest rates, plus the significant rises already seen in the sector have provoked a sell off. This, in my view, is a huge error. It is possible that profit margins may be tighter in future if the heat comes out of prices, but demand for housing is way behind supply and governments of whatever colour are going to have to sanction a growth in housebuilding over the next 5-10 years or risk the anger of the population, especially those who wish to own their own home.
Consequently housebuilders, especially those with good land stocks are going to be pretty busy in the mid term and profits will be driven my increased volumns rather than silly prices. Yields for a number of companies in this sector look very good and sustainable (Persimmon/Galliford/Kier) so there are mid term opportunities here for income seekers. P/es are a tough frothy for some, but Berkeley looks cheap at 10. Oversold, the only question is how much lower do we want them to go before topping up ?
boomorbust
Posts: 5,590
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:2,261.00
BKG
18 Jun '14
Results

· Basic earnings per share increased by 38.6% to 221.8 pence (2013: 160.0 pence)

· Pre-tax return on equity of 27.5% (2013: 22.4%)

· Net cash of £129.2 million (April 2013: net cash of £44.7 million)

· Net asset value per share up 5.6% to 1,065.6 pence (April 2013: 1,009.1 pence)

· Dividends of 149 pence per share (£195.2 million) paid to shareholders in the year

http://www.investegate.co.uk/berkeley-grp-hlds--bkg-/rns/final-results/201406180700098670J/
boomorbust
Posts: 5,590
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:2,468.00
BKG
22 Apr '14
Released yesterday

"Berkeley Group today becomes the first British housebuilder to be awarded the Queen's Award for Sustainable Development twice"

http://www.berkeleygroup.co.uk/index.cfm?articleID=5656

Interesting

"The Berkeley Group will shortly be announcing a set of new business commitments as part of its rolling 10 year plan."
SidKnee
Posts: 415
Off Topic
Opinion:No Opinion
Price:2,614.00
SP
14 Feb '14
Stand by for 2800.
lucentum
Posts: 477
Off Topic
Opinion:Strong Buy
Price:2,597.00
View Thread (2)
RE: #dividend & yield
13 Feb '14
that does assume that the 2nd interim dividend does not rise beyond 59p; I believe it will - if the 2nd divi also rose to 90p that woudl give a total divi of 180p/1600 = circa 7% which would not be shocking as gsk pay 5% and this company has some cracking prospects.
I do note that although Berkeley stated the 90p dividend way in advance, last year an interim ex-dividend date was 20th March and payment date 19th April, then we have august/september and december/january's divis; so an announcement will be made soon regarding the next interim dividend to be paid and how much so we shall see - i predict 80-90p and then of course there is another dividend payout in september and they mots certainly will be paying out but they are keeping their cards close to their chests as to what the payment is and when the x-dividend date is to avoid carpet baggers



Share Trading BrochureRequest your Free brochures on share dealing, spread betting and CFDs

Sign up for Live Prices
Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.