Anglo American Share Discussion Threads

[balbains324] 22/11/2016 16:33

I wouldn't short it just yet volsung....sentiment is an amazing thing and can ignore all logical arguments. I'm still waiting on the sidelines. Was so tempted to jump back in when it went to 1090 but held back. oh well my ACP and Hawk look ready to take off. Gutted here though. Well done everyone holding.

[volsung] 22/11/2016 15:56

Back to 800 in the short term. Then onwards to 2000 in the new year is my guess

[foxy22] 22/11/2016 15:48

Still flying.....never lose faith in your old friends....aal Vedanta bltFinally they are all coming back....a reflation trade!

[foxy22] 22/11/2016 14:58

I can't say I am a trump supporter but the commodity and share price spike is amazing and don't forget the dalian iron ore futures in china they are flying.....this feels like 2007 again

[anony mous] 22/11/2016 12:37

Tbh the rate hike shouldn't be a problem at all. Expected and the DOW will fly.Smaller pullbacks but larger gains moving forward.

[balbains324] 22/11/2016 09:04

Too much uncertainty yet Anony. They will get there but this rate hike will create a barrier short term.

[anony mous] 22/11/2016 08:26

Another crack at £12.00These should have been £15 by now.Come on AAL !

[foxy22] 18/11/2016 09:23

Amazing....recovering nicely...back at 11...looks like gold shares were hit more

[foxy22] 18/11/2016 09:18

Head fake....looks like it's going south...can someone explain why London listed share movements are so much more pronounced...Bhp in AustraliaWas flat on the day...balbains I think your concerns re share price are correct...and as soon as I saw gs upgrade should have jumped ship

[anony mous] 17/11/2016 15:15

Approaching £12.70 highs.

[cheshire pete] 17/11/2016 12:14

Yes Anony Mous interesting reading. If you go further back the share price peaked at c£35 in 2008and c£34 in 2011. Doesn't mean that this will be repeated or that we are definitely part way up the next peak, however I am optimistic as I feel that talk of the Chinese economic slowdown has been exaggerated and that as a construction man Trump will be keen to see the US infrastructure re-developed.

[anony mous] 16/11/2016 21:19

Just been looking at 5 year chart.Dont know why I missed it but looking carefully then see from about £12.50 / £13.00 there is hardly any resistance up to £20.00.Could be about a 4 or 5 month window though.

[supasapi] 16/11/2016 20:42

hate it when it closed down after being up..... feels like working all day for nowt

[anony mous] 16/11/2016 14:42

That GS article is very good. At least they explain why they have a buy even though it's come from such lows to now.

[runwaypaul] 16/11/2016 07:47

goldman looking for mug punters to sell into.

funny how they try to get you to sell at 400 as theyre buying and now buy at 1200 as theyre selling!

[anony mous] 15/11/2016 14:29

Never rule anything out.Markets could pull down AAL's pants to 3 quid like last time. Doubt it though.Within up channel from about 10 quid anyway so plenty room.

[balbains324] 15/11/2016 13:50

What's bothering me is rate hike + sale fall through = back down to £9. Sentiment + Dividend reinstatement + Sale positive = £15 more upside then downside but like I said I'm not invested at the moment.

[balbains324] 15/11/2016 13:42

No idea!! markets are so volatile at the moment it could go anyway, hence my exit last week. I'm still watching however and looking for an entry point.

[foxy22] 15/11/2016 12:24

Correction in the offing...do you think it's run its course...or more to come.Iron ore copper price drops

[au24] 15/11/2016 08:44

15 November 2016
Anglo American rough diamond sales value for
De Beers' ninth sales cycle of 2016


Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers' ninth sales cycle of 2016, amounting to $470 million, compared with the $494 million value of the eighth sales cycle of 2016.
Bruce Cleaver, CEO of De Beers, said: "Encouragingly, the ninth sales cycle of 2016 showed continued good demand for De Beers rough diamonds, with sales in line with expected seasonal demand patterns."

[andy flower] 14/11/2016 17:12

Hope so but rate rise looms large ..