Berkeley's guidance implies fair value relative to market pricing, supported by shareholder returns via buybacks and dividends.

Berkeley 29% down a little bit less but stable.

Next, Berkelet is a bit different as a business, the fancy part of homebuilders. I think they are reducing land creditor over time they are returning to shareholders but if you look at the guidance the pre-tax profit divided by the four years it is let's say in line with everything else that we have seen priced there in the market and that is return to shareholders via buybacks and smallish dividends. the focus on buybacks as there is a discount some debt issuing very low coupon.