Berkeley Group reports half-year results on Friday (7 Dec)

• The chart shows the price movement last time Berkeley reported (Trading Statement, 5 Sept).
• The shares opened -7p (-0.2%), went as high as +56p (+1.6%) and as low as -26p (-0.7%).
• The shares closed +28p (+0.8%), for a daily trading range of 82p or 2.3%.
• Shares -25.1% from 2018 highs, +1.7% from 2018 lows, -23.2% year-to-date.
• Currently trading at 3225p (at time of writing).
• Berkeley Group issues half-year results on Friday 7 Dec. Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Berkeley Group – An Example

Let’s say you think that Berkeley results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Berkeley using CFDs, at the current price of 3225p. To do this, you need £2,000.

For the purpose of this example, let’s assume Berkeley reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss 3% below the current price. Berkeley results miss, it falls 3% and hits your stop-loss. Your loss would be £300.

This is provided for information purposes only. It should not be taken as a recommendation.