Berkeley的指引意味着其相对市场定价具备公允价值，并通过回购和分红带来的股东回报提供支撑。
逐段跳播
Berkeley下跌29%，跌幅略小，但表现稳定。
Berkeley 29% down a little bit less but stable.
接下来是Berkelet，作为一家企业它有些不同，属于房屋建筑商中较高端的那一类。我认为他们正在逐步减少土地债权人，同时向股东返还资本，但如果你看指引，把税前利润除以四年，可以说与我们在市场上看到的其他所有定价基本一致，而这就是通过回购和规模较小的股息向股东返还资本。
重点放在回购上，因为存在折价，同时发行一些票息很低的债务。
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.
这个频道对 $BKG 的历次判断
Value Investing with Sven Carlin, Ph.D. 在这只股票上只有这一条判断。