Anglo American Share Discussion Threads

[maywillow] 22/7/2019 06:00

ANGLO AMERICAN: Anglo American said on Friday it had submitted an environmental impact study for a $3 billion project seeking to maintain output from its flagship Los Bronces copper mine in Chile.

[waldron] 19/7/2019 17:09

Iron Ore 120.99 USD 0.12(0.10%)
Gold COMEX 1,428.40 +0.02%
Silver COMEX 16.17 -0.17%
Platinum NYMEX 850.90 +0.12%
Copper COMEX 2.75 +1.35%
Brent Crude Oil NYMEX 62.02 +0.15%
Gasoline NYMEX 1.79 -0.06%
Natural Gas NYMEX 2.22 -1.90%
(WTI) 55.05 USD -1.10%



Rio Tinto
4,851 +1.49%

Bhp
2,028.5 +1.57%

Anglo American
2,234 +2.27%

Glencore
272.25 +0.96%

[the grumpy old men] 19/7/2019 11:40

RBC Capital Markets Top pick 2,400.00 up to 2,500.00 Reiterates

[la forge] 19/7/2019 07:24

RBC Capital Markets Top pick 2,400.00 - Reiterates

[waldron] 18/7/2019 16:53

Iron Ore 120.87 USD -0.27(-0.22%)
Gold COMEX 1,427.30 +0.28%
Silver COMEX 16.18 +1.28%
Platinum NYMEX 850.70 +0.42%
Copper COMEX 2.71 -0.37%
Brent Crude Oil NYMEX 61.81 -2.91%
Gasoline NYMEX 1.78 -2.78%
Natural Gas NYMEX 2.25 -1.19%
(WTI) 54.96 USD -2.81%


Rio Tinto
4,780 -1.97%

Bhp
1,997 -1.82%

Anglo American
2,186.5 -0.75%


Glencore
270.05 -0.31%

[foxy22] 18/7/2019 11:53

Loved basseys rendition...also watched goldfinger and big spender....

[foxy22] 18/7/2019 11:44

Sarkasm Goldman also cites...standard chartered and Melrose as conviction buysRe Anglo says many underestimate the windfalls from iron ore price rise that companies like Anglo will have but does see price hike as unsustainable in the long run....

[sarkasm] 18/7/2019 11:44

Summary

The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

In a short-term perspective, the company has interesting fundamentals.

Strengths

The company is in a robust financial situation considering its net cash and margin position.

The group usually releases upbeat results with huge surprise rates.

Its low valuation, with P/E ratio at 6.99 and 7.84 for the ongoing fiscal year and 2020 respectively, makes the stock pretty attractive with regard to earnings multiples.

This company will be of major interest to investors in search of a high dividend stock.
Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.

Over the past year, analysts have regularly revised upwards their sales forecast for the company.

For the last week, the earnings per share forecast has been revised upwards.

According to recent estimates, analysts give a positive overview of the stock

For the past twelve months, EPS forecast has been revised upwards.

For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

The tendency within the weekly time frame is positive above the technical support level at 1892.8 GBp


Weaknesses

The share is close to its long-term resistance in weekly data.

Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.

Technically, the stock approaches a strong medium-term resistance at GBp 2266.

As estimated by analysts, this group is among those businesses with the lowest growth prospects.

Prospects from analysts covering the stock are not consistent.

Such dispersed sales estimates confirm the poor visibility into the group's activity.

[sarkasm] 18/7/2019 11:37

ok understood

will try to post positive stuff






CARRY ON THINKING HAPPY THOUGHTS AND ENJOY

TAKE CARE

[foxy22] 18/7/2019 11:33

And the Church of England and Norwegian wealth fund doesn't like Anglos coal exposure

[foxy22] 18/7/2019 11:32

De beers results disappointing...but I suppose diamonds are forever...even the lab made ones

[foxy22] 18/7/2019 11:30

Sarkasm ...I've waited many years for this recovery in Anglo...so I'm trying to look at the bright side of things....anglo de beers Were in the doldrums not too long ago

[sarkasm] 18/7/2019 11:30

lol

ok ,thankyou for your super luverly post

[foxy22] 18/7/2019 11:28

Is that a note of sarcasm.....!!!

[sarkasm] 18/7/2019 11:27

cheers foxy

[foxy22] 18/7/2019 11:25

I think the positive in results is the ramping up of M in as Rio iron ore production.And recovery in platinum prices...Anglo American platinum...and iron ore prices jump ..Kumba contributingGoldman says it is top pick on LSE in mining sector...also likes a v e v a just eat and rolls Royce and b p for second half

[adrian j boris] 18/7/2019 08:10

Anglo American lowers De Beers guidance; Q2 overall production up 2%
Anglo American
2,467.00
07:53:40 18/07/19
-0.36%
264.00

Anglo American said it was lowering full year production guidance to the bottom end of forecasts at its De Beers diamond operation in response to weaker market conditions.
FTSE 100
7,535.46
16:35:30 17/07/19
-0.55%
-41.74
FTSE 350
4,169.13
16:35:30 17/07/19
-0.50%
-20.82
FTSE All-Share
4,110.44
16:45:46 17/07/19
-0.48%
-19.92

The miner said overall second quarter production was up 2% due to the successful ramp-up at the Minas-Rio iron ore mine after a shutdown in 2018 and strong performance in metallurgical coal.

"We remain broadly on track overall to deliver this full year's production targets, with an increase to Minas-Rio guidance offsetting two reductions at De Beers and Kumba Iron Ore," said chief executive Mark Cutifani.

Minas-Rio iron ore production for the quarter to June 30 was 5.9m tonnes while metallurgical coal output increased 11% to 5.8m tonnes after the completion of maintenance in the prior quarter.

Production guidance at De Beers was is revised to around 31m carats, the lower end of the previous range (31m – 33m. Rough diamond output in the second quarter fell 14% to 7.7m carats driven by reductions in Botswana and South Africa.

[waldron] 17/7/2019 16:37

Iron Ore 121.14 USD -0.05(-0.04%)
Gold COMEX 1,424.60 +0.95%
Silver COMEX 15.95 +1.73%
Platinum NYMEX 851.90 +0.59%
Copper COMEX 2.70 +0.13%
Brent Crude Oil NYMEX 64.19 -0.25%
Gasoline NYMEX 1.84 -0.36%
Natural Gas NYMEX 2.29 +0.22%
(WTI) 57.14 USD -0.78%

Rio Tinto
4,879 +0.60%


Bhp
2,034 +0.20%


Anglo American
2,199 -0.20%


Glencore
271.15 -0.57%

[waldron] 16/7/2019 16:45

Iron Ore 121.19 USD 0.01(0.01%)
Gold COMEX 1,411.00 -0.18%
Silver COMEX 15.70 +2.18%
Platinum NYMEX 854.50 +1.10%
Copper COMEX 2.73 +0.65%
Brent Crude Oil NYMEX 66.70 +0.33%
Gasoline NYMEX 1.94 +0.46%
Natural Gas NYMEX 2.30 -3.73%
(WTI) 59.55 USD +0.19%

Rio Tinto
4,850 -0.37%


Anglo American
2,203.5 +0.87%


Glencore
272.7 +1.43%

(BHP)
2031.5 GBp +1.25%

[waldron] 15/7/2019 16:56

Iron Ore 121.18 USD 0.93(0.77%)
Gold COMEX 1,413.40 +0.08%
Silver COMEX 15.34 +0.68%
Platinum NYMEX 849.50 +1.79%
Copper COMEX 2.71 +0.54%
Brent Crude Oil NYMEX 66.93 +0.31%
Gasoline NYMEX 1.90 -1.44%
Natural Gas NYMEX 2.37 -2.75%
(WTI) 60.15 USD +0.08%


Rio Tinto
4,875.5 +1.39%

Anglo American
2,186.5 +1.58

Glencore
269.65 +1.26%

(BHP)
2007 GBp +0.96%

[foxy22] 15/7/2019 08:03

Hsbc upgrade 25.30

[la forge] 13/7/2019 08:01

EV Makers Have A New Favorite Metal
By MINING.com - Jul 12, 2019, 12:00 PM CDT
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Battery Packs

Battery metals tracker Adamas Intelligence says electric vehicle manufacturers deployed 57 percent more nickel in passenger EV batteries in May this year, compared to 2018.

The Toronto-based research company, which tracks EV registrations and battery chemistries in more than 80 countries says the nickel metal equivalent used in lithium-ion batteries (primarily in the form of nickel sulphate) increased by 69 percent whereas the amount used in nickel metal hydride (NiMH) batteries (primarily in the form of nickel hydroxide and AB5 nickel-REE alloy) increased by 26 percent.

The deployment of nickel also outpaced the growth of the EV market overall. In May this year, total passenger EV battery capacity deployed globally was 48 percent higher year-on-year, according to Adamas data.

Nickel’s inroads are mainly due to shifting chemistries of nickel-cobalt-manganese (NCM) battery cathodes.

First generation NCM111 batteries had a chemical composition of 1 part nickel, 1 part cobalt and 1 part manganese, but NCM batteries with higher nickel content (622 and 523 chemistries) are quickly becoming the standard in China, which is responsible for half the world’s electric car sales, and a much greater proportion of EV battery manufacture.

With worries about the security of supply of cobalt persisting, the industry is now fast moving towards even higher nickel content with the market share of NCM811 increasing to 2 percent worldwide and 4 percent in China in May, a doubling of market share in just one month.q
Related: China’s Crude Oil Imports Rise In June

Adamas points out that in China the increased deployment coincided with the launch of a number of new EV models in China using NCM811 cells from battery leader CATL.

The world’s number one carmaker, Volkswagen, is spending more than $50 billion on batteries to start mass producing EVs by mid-2023 and the company announced earlier this month that from 2021 it would use the NCM811 composition.

Nickel touched $13,000 a tonne for the first time since April on Wednesday. The price is up just over 19 percent in 2019 as the EV boom creates additional demand and primary use of the metal today – stainless steel production – continues to grow.

Cobalt is now worth $28,000 a tonne after peaking at $95,000 little more than a year ago as miners in the Congo – responsible for two-thirds of output – ramp up production.

By Mining.com

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