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With Bigger Ticket Homes in Demand, Berkeley the Builder should Fix It for Shareholders

By Malcolm Stacey | Thursday 10 December 2020

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Hello, Share Seekers. My favourite housebuilder, Berkeley Group (BKG) isn’t doing too badly given the disrupted year all builders have experienced thanks to the virus. It’s announced that first-half revenue was only down by 3.8%, to £895.9 million. It could have been much worse, but the virus has, rather perversely, caused house prices to rise which offset most of the damage.

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