Anglo American Share Discussion Threads

[balbains324] 30/10/2016 20:53

foxy, anglo was a take over target at 235 not at a tenner. The reason why the shares are doing well is because of the disposals and reduction of debt. If they decide not to sell the assets then the share price will tumble because the sale is already priced in. If the bid is higher than expected then we will go up, otherwise we will get a small rise maybe even a drop if it does not hit market expectations. The commodity prices going up have helped but the weaker pound has had the biggest effect along with the interest rate cuts. if interest rates rise then the miners will suffer just a little bit.

[foxy22] 30/10/2016 17:31

Just thinking...is cutifani not just positioning anglo as a takeover target once it has finished its restructuring...earlier this year I asked a seasoned mining professional what he thought of Anglo...his words....ANGLOS PUT ITSELF UP FOR SALE....his words have stuck in my mind...maybe one should hold for that alone.... is this not a SABMiller scenario

[foxy22] 30/10/2016 15:56

This policy should go to a shareholder vote i.e. Disposal of assets ...maybe not right way forward.After all bulk of rally was inspired by Iron ore surprise recovery KIO and coal recovery.The public investment corp. or South African got pension fund anglos largest shareholder seems to dictate things....maybe there is some bee or black empowerment policy from Sa government at work or maybe it is a way of cutifani getting rid of South African assets and problems in the future at a good price....do u all think this is positive for share holders in the long term,short term should inspire rally tomorrow don't u think big big Dave....

[anony mous] 27/10/2016 11:35

Nice corlis ;-)

[corlis] 27/10/2016 11:06

well the ftse went as low as 6,910-ish this morning....so hopefully now the daily will set up again & away we go.

[corlis] 25/10/2016 19:14

maybe this year 2016 is the Chinese 2106 year....lol

[anony mous] 25/10/2016 14:37

CI2106?Lol. I won't be around then.

[chinese investor] 25/10/2016 14:24

FTSE Just Gone Mental !

[balbains324] 25/10/2016 14:21

I sold too early

[chinese investor] 25/10/2016 14:18

My Share For 2106 !

[anony mous] 25/10/2016 10:27

News on the Aussie sale will be next catapult.

[foxy22] 25/10/2016 09:29

GREAT TURNAROUND FOR ANGLOManagement deserves credit positive effect on share price! Balbains thanks for info

[chinese investor] 25/10/2016 08:55

Looking Good !

[corlis] 25/10/2016 08:34

All,

fantastic news & already up around 4% this morning.

[anony mous] 25/10/2016 08:02

At a glance these numbers look very good. Going the right way.Nothing like the doom report beginning of this year.

[bigbigdave] 25/10/2016 07:04

Mark Cutifani, Anglo American Chief Executive, said "Operational improvements continue across the portfolio, delivering a 4% production increase on a copper equivalent basis(9) in the third quarter, and a 12% increase compared to Q2 2016. The latter increase is largely due to the strong recovery at Kumba's Sishen mine, a 46% production increase, following the successful completion of its restructuring. In our diamond and platinum businesses we continue to maintain discipline on volumes by mining to demand, whilst the ramp-ups at Minas-Rio and Grosvenor are progressing well, and Barro Alto has now reached nameplate capacity. The modestly higher production at De Beers is reflective of improved market conditions relative to Q3 2015, but we maintain a cautious outlook."

[anony mous] 24/10/2016 21:25

Yes corlis we could do.Although plenty newsflow from AAL in pipeline.I'm looking for divi reinstatement news Q1 2017.

[corlis] 24/10/2016 21:03

Anomy
we rose 10% last week so a breather badly needed before going on up to 12.
Just hope we hold £10 during this breather as i see ftse going on down to low 6,900s over next day or so.

[anony mous] 24/10/2016 17:16

Abit of a red day.I can live with that.

[balbains324] 24/10/2016 15:28

shorttracker Co UK will give you information on shorts. Take a look at the chart and you will find it is the inverse of the share price chart. as shorts increase the share price decreases, as shorts decrease the share price increases. it is good info but does not account for external influences. With miners you have to think about a whole heap of things such as the following:Industry figuresinterest RateDollar StrengthCommodity PricesEconomy growth figuresOil PricesShortsThe company itself and everything that comes with buying a piece of a company. if you look at it as if you are the owner of the business and not just a share price. Would you invest in your local builders merchants or corner shop? If you were going to buy it what would you look for? Turnover, profit, debt, dividend, staff etc.Not trying to school anyone just being helpful.

[foxy22] 24/10/2016 11:09

Or...Diamonds are forever

[foxy22] 24/10/2016 11:05

Anyway I think there's a movie in this ...title the big squeeze!!!!!!

[foxy22] 24/10/2016 11:04

YEs you are probably right ...where do you find shorts info...where can you track it...

[balbains324] 24/10/2016 10:55

Problem is the shorts are reported after they have happened. So we may have already seen the spike.

[foxy22] 24/10/2016 10:47

Re the share price....is there any squeeze in the offing....