Hello, Share Fanciers. This family has just been informed of a large cash handout coming our way. And, as is the way with these cashback bonanzas, we’d forgotten it was coming. Which makes a nice surprise. The dough is from Berkeley Group (BKG), the big Footsie builder...
Hello Share Players. My favourite housebuilder operates mostly in the Smoke and the South East. Which, given the recent record of house prices in this neck of the woods, is a bit of a brave choice. But things are going so well that the company says it will return a billion oncers to us in the next 24 months...
Hello Share Slakers. At first blush, the results for its half year ended 31 October from my favourite builder Berkeley Group (BKG) seemed discouraging. Profit before tax come in at £276.7 million, down by 31% compared to last time...
Hello, Share Trotters. I believe those who say Britain is facing the biggest constitutional crisis since World War 2. But I don't think shares will suffer much. That’s because the problem has already been factored into the Footsie. Probably by far too much. You can’t get away from the fact that, compared to most of the world, many British shares are cheap.
Hello Share Topplers. Since I last commended my favourite builder to you, its share price has marched ahead. But there could be further to go for Berkeley Group (BKG). The company has done what we all seek to do, but rarely succeed. That is: it has worked out the best timing...
Hello Share Takers. The victory of our new prime minister caused the stock market to take its biggest leap for some months. And though it did retrace the next day, the Footsie is bounding up again, as I write. It may be the noisy optimism of the bloke, but there are other reasons why the Boris effect is energising the market.
Hello Share Rattlers. Despite the fact that I’ve written in recent times in support of housebuilders, I hold few building shares in my portfolio. That’s because of laziness, rather than caution. But one of the few companies I’ve invested in is Berkeley Group (BKG). Many house builders have reported disappointing figures recently, as fears about Brexit, founded or not, have bit into the sector...
Hello, Share Smashers. With the price of homes retreating, you might be tempted to stay away from house builders. But one company I think might continue to do well is Berkeley Group (BKG). I’ve covered this sprightly builder a few times over the last year or so and the trend has always been up. Other builders have struggled, but not this one.
Hello, Share Crunchers. As my mum and dad told me to be a modest chap, I rarely blow my own trumpet on this hallowed website. However, when my critics derided a previous tip, it has to be recorded when said recommendation goes on to rise like a rocket.
Nobody rings a bell at the top or bottom of the notoriously cyclical UK housing market, but one operator who has shown impeccable timing over decades was busy selling stock last week. Famously near the top of the last cycle he sold out and left his company only to re-join when it was in the doldrums. This is why it is very important to take note of his actions. Last week Berkeley (BKG) founder Tony Pidgley, sold 750,000 shares to make £26.8m as bosses at Berkeley cashed in more than £40 million of shares as they reached record highs. As the stock hit 3575p, the luxury housing developer’s founder Tony Pidgley, who left school at 15, sold 750,000 to make £26.8 million, while chief executive Rob Perrins sold 500,000 to make £17.8 million.








