Anglo American Share Discussion Threads

[corlis] 20/3/2017 07:55

Hopefully we now finish off this month in style.

[foxy22] 17/3/2017 18:22

Go to biznews.com balbans....someone else suspects the same

[doug stamper] 17/3/2017 14:39

Thanks foxy. Yes. A good read.

I'm looking at a long term hold here.
As for the bond. Not my field. However it does smack me as a cheap means to a sizeable stake with some risk. Clever and determined.

Agarwal at Davos 17. Bloomberg.
“There was a proposal that Hindustan and Anglo American should merge," Agarwal said in an interview Thursday at the World Economic Forum in Davos 17. “It was a good match. One and one wasn’t going to be two, but 11”....The billionaire, who praised Anglo’s “phenomenal221; management, said he wouldn’t rule out any future discussions. “It is always good to be thinking better, but at the moment we are not actively talking,” he said.

Whilst it's entirely plausible to view Agarwal comments of "family investment" as disingenuous. Surely. A merger is one ambitious move too far for this guy.

Who else can we consider appropriate?

Gentlemen. I would appreciate your feedback.

[foxy22] 17/3/2017 14:36

Balbans...u know the expression it'sWorth more than the sum of its parts in this case Argawhal and Carroll know that in the case of AngloIt's the opposite...and with the current greedy Sa regime...they have a deal in the offing

[foxy22] 17/3/2017 14:08

And Cynthia knows the assets of Anglo very well...

[foxy22] 17/3/2017 14:06

Ok now I get it u are referring to the pic gvt pension fund

[balbains324] 17/3/2017 13:53

if they have a majority in conjunction with the pension fund they can break up the assets and benefit from the sale.

[balbains324] 17/3/2017 13:25

oh my god!!! Cynthia!!!! nooooooooo.....now I have just clicked why they are investing 2 billion!!

[balbains324] 17/3/2017 13:24

I don't know enough about bonds unfortunately just your average sharedealer. However I was waiting for this opportunity and glad I got back in last week. I think this year will put anglo back on the radar for funds especially when the divi is reinstated. I'm expecting £15 short term and £20 towards back end of next year.

[foxy22] 17/3/2017 13:23

Also balbans...my heart sank...Cynthia Carroll is an adviser to Vulcan group...god save us if she gets anywhere near Anglo again

[foxy22] 17/3/2017 13:02

Interesting detailed discussion on Argawhal financing i.e. Convertible bond from Jp Morgan for Anglo share purchase...to view discussion go to ft alphaville and Thursday markets liveInterested to know what u all think of this and what this means for share price short term...would it be worth purchasing convertible bonds and converting them if Anglo price increases

[doug stamper] 17/3/2017 12:55

Thanks Anonymous.

Who might "Big boy" be? Verdant are well below the pay grade for m & a.

[anony mous] 17/3/2017 11:02

DougAlot happening behind the scenes we won't know about.Turned blue. Expect any shorters to start finishing closing and releasing stock for big boy.

[doug stamper] 16/3/2017 12:57

Hi. New here. Bernstein aroused my interest. Not holding any positions just yet.

"We see this move as potentially forcing either Anglo's, or a rival bidder's, hand," Paul Gait, analyst at Bernstein, wrote.

Is there a bona fide rival?

[foxy22] 16/3/2017 11:49

What is the end game for argawhal And Sa pension fund?Maybe in a breakup of Anglo the pension fundSecures the strategic Sa assets in a bee dealAnd he gets the foreign assets.Anglos headquarters returned to saJust my thoughts

[anony mous] 16/3/2017 11:27

the best bit....

even before considering what would likely be a sizable required premium and a substantial cash component to get a deal done," Jefferies said.

[anony mous] 16/3/2017 11:13

Agarwal could have bought outright.That is chicken feed money to them in the scheme of things.

[foxy22] 16/3/2017 11:11

Think that argawhal and public investment corporation of Sa are in this together....controlling bloc in Anglo now of 27 per cent

[foxy22] 16/3/2017 11:07

But Argawhal didn't have the money....look where Vedantas price was

[anony mous] 16/3/2017 09:07

On the low AAL was worth about £3.5bn.They could have bought the whole company then.Also that's when brokers said sell.