Latest Views & News

A Big Cash Pile and a Housing Shortage Mean that Buoyant Berkeley Could Build its Share Price

By Malcolm Stacey | Monday 28 June 2021

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 Trackers. When a company turns in nearly 7% better profits than last time, while Covid’s with us, then you’ve cause to respect the chances of the share rising. Full year revenues for my favourite house builder, Berkeley Group (BKG) improved by nearly 15% to £2.2 billion, while operating profits climbed to £502.3 million.

You must be a registered member to read this story
ShareProphets is reader-supported journalism

Join us for free and gain access to three articles per month

Or become a member starting at £5.99 per month for all articles, the Bearcast, and our seven year archive.

Filed under:

Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

Tuesday »


Synectics – a recovery Buy?



Malcolm Stacey is Moving House

Monday »


Wood Group - a Buy (again)?



Video: Bubbles always implode