If you look at the FTSE-350 names reporting today there is something of a thematic bias with names like Barratt Developments (BDEV) and Berkeley Group (BKG) updating investors with their latest.
Hello Share Trenders. I’m about 10% in cash at the mo. It’s out of the ordinary for me to have so much money not in shares, but even raving optimists have to take a bit of notice of the gloomsters who heavily outnumber me - many of which write on this glittering website. However, I have spent some of my cash reserve recently on shares in three companies in the house building game. You’ve probably read me being boringly bullish about this sector over the last year.
Hello Share Swipers. You may recall that I’ve been saying most house builders are worth your attention these days. I base it on the rules of supply and demand and wheezes, both new and old, by the government to boost new homes. I’ve been right so far. Just one example is that Berkeley has announced a leap in profits by a third on the half year to the end of October.
Hello Share Twiddlers. I've long advocated a low p/e ratio as a good sign that a share might be worth buying. Though sometimes a high number is not always a discouragment, as we also have to consider the chances of the company under review really taking off in the future.
