Anglo American Share Discussion Threads

[waldron] 20/9/2019 16:36

Iron Ore 93.38 USD -0.08(-0.09%)
Gold COMEX 1,509.90 +0.25%
Silver COMEX 17.86 -0.16%
Platinum NYMEX 947.00 +0.49%
Copper COMEX 2.61 +0.13%
Brent Crude Oil NYMEX 63.72 +0.62%
Gasoline NYMEX 1.66 -0.15%
Natural Gas NYMEX 2.54 -1.01%
(WTI) 58.7 USD -0.15%



Rio Tinto
4,244 -0.13%


Bhp
1,785.4 -0.40%


Anglo American
1,878 -0.29%

Glencore
254.6 +0.12%

[ariane] 20/9/2019 16:12

Anglo American PLC AAL Liberum Capital Sell 1,500.00 - Downgrades

[waldron] 19/9/2019 17:00

Iron Ore 93.46 USD -0.51(-0.55%)
Gold COMEX 1,505.80 -0.66%
Silver COMEX 17.87 -0.30%
Platinum NYMEX 941.80 +0.77%
Copper COMEX 2.61 -0.04%
Brent Crude Oil NYMEX 64.52 +1.45%
Gasoline NYMEX 1.66 +2.08%
Natural Gas NYMEX 2.58 -3.38%
(WTI) 58.44 USD +0.62%


Rio Tinto
4,249.5 -0.33%

Bhp
1,792.6 -0.17%

Anglo American
1,883.4 -1.52%


Glencore
254.3 +0.51%

[waldron] 18/9/2019 16:58

Iron Ore 93.97 USD -0.06(-0.06%)
Gold COMEX 1,518.40 +0.33%
Silver COMEX 18.06 -0.44%
Platinum NYMEX 937.20 -0.74%
Copper COMEX 2.61 -0.48%
Brent Crude Oil NYMEX 63.84 -1.10%
Gasoline NYMEX 1.63 -1.30%
Natural Gas NYMEX 2.66 -1.44%
(WTI) 58.37 USD -0.88%


Rio Tinto
4,263.5 +0.01%


Bhp
1,795.6 +0.06%


Anglo American
1,912.4 -0.71%


Glencore
253 -0.18%

[waldron] 17/9/2019 16:47

Iron Ore 94.03 USD -0.34(-0.36%)
Gold COMEX 1,512.00 +0.03%
Silver COMEX 18.06 +0.16%
Platinum NYMEX 942.50 +0.35%
Copper COMEX 2.63 -0.44%
Brent Crude Oil NYMEX 65.41 -5.23%
Gasoline NYMEX 1.67 -3.68%
Natural Gas NYMEX 2.71 -0.48%
(WTI) 59.85 USD -3.31%


Rio Tinto
4,263 -1.60%


Bhp
1,798.4 -1.41%

Anglo American
1,924.2 -0.63%


Glencore
253.7 -1.00%

[andy flower] 16/9/2019 22:23

Yes, I was surprised. There must be structural reasons. All of the above and elections in US, Fed being forced to cut interest rates could all have played a part. At least there is now parity among the shorts of the miners. A trade deal in October with China could be on the cards. Also, China has to implement various changes to stimulate the economy.

[waldron] 16/9/2019 16:51

Iron Ore 94.37 USD -0.40(-0.42%)
Gold COMEX 1,510.20 +0.71%
Silver COMEX 17.99 +2.40%
Platinum NYMEX 935.30 -1.77%
Copper COMEX 2.65 -1.76%
Brent Crude Oil NYMEX 67.32 +11.79%
Gasoline NYMEX 1.70 +10.41%
Natural Gas NYMEX 2.70 +1.70%
(WTI) 61.45 USD +11.99%



Rio Tinto
4,347 -1.77%


Bhp
1,828.4 -0.44%


Anglo American
1,942 -2.20%


Glencore
258.1 -1.24%

[cheshire pete] 13/9/2019 21:41

Andy,
Checked Castellain on this and seems quoted short positions closed from 8.92% to 1.99% between 8/8 and 11/9/19. Looks dramatic on their graph. Maybe they were getting twitchy at prospects of Trump / China trade deal, Trump getting re-elected and commodities stronger going forward on the back of it. Maybe other factors, weak £, strong $.

[waldron] 13/9/2019 19:38

Thursday 12 September 2019 7:53 pm
Currency and commodities trades to be taxed under new Labour proposal
August Graham

The Labour Party today endorsed a proposal which would levy a £2.1bn a year tax on currency and commodity trading.

Shadow Chancellor John McDonnell said the party will adopt a plan proposed by the Progressive Economy Forum think tank.


It would expand the 0.5 per cent stamp duty on buying and selling shares to any transactions in foreign exchanges and commodities.

“This is the way that in future we can ensure that we have a finance sector which is vibrant, meaningful and contributes constructively, not just to our own economy, but to the global economy as well,” McDonnell said.

McDonnell called for a wider debate on introducing financial transaction taxes around the world.

“We have the opportunity to lead that global movement of reform,” he said, adding that the proposals are “unchallengeable.”

However, the move attracted criticism from City groups.

Miles Celic, the chief executive of the City UK, said the financial services industry accounts for 14 per cent of UK tax revenue, and said foreign financial centres are always trying to attract business and jobs away from London.

“A tax on financial transactions would be bad for business, bad for investors, bad for savers, and bad for the economy,” he said.

Labour said that the tax applies to those resident in the UK for tax purposes, rather than trades being made in London. So a US trader in New York trading through London would not have to pay the tax. While a Brit in London trading in Hong Kong would.



UK Finance said the tax would also hit savers, homeowners and small businesses.

“At a time of great uncertainty for business we would encourage policymakers to focus on proposals that would support the growth and competitiveness of the UK’s financial sector, helping the industry to grow and employ more people right across the UK,” said its chief executive Stephen Jones.

[waldron] 13/9/2019 18:29

Iron Ore 94.77 USD 0.63(0.66%)
Gold COMEX 1,499.70 -0.51%
Silver COMEX 17.64 -2.92%
Platinum NYMEX 953.70 +0.12%
Copper COMEX 2.70 +2.18%
Brent Crude Oil NYMEX 60.32 -0.10%
Gasoline NYMEX 1.54 +0.24%
Natural Gas NYMEX 2.62 +0.38%
(WTI) 55.03 USD -0.04%

Rio Tinto
4,425.5 +2.16%


Bhp
1,836.4 +1.81%


Anglo American
1,985.6 +2.73%


Glencore
261.35 +3.48%



certainly a good week for all miners

[foxy22] 13/9/2019 14:55

AndyWhy do u think...copper platinum iron ore rise

[andy flower] 13/9/2019 10:47

On the shorts, this is the lowest since Nov 2017. Very interested to see why this collective exit of the shorts.

[waldron] 12/9/2019 17:12

Iron Ore 94.14 USD 1.80(1.91%)
Gold COMEX 1,512.40 +0.61%
Silver COMEX 18.19 +0.08%
Platinum NYMEX 957.00 +1.79%
Copper COMEX 2.63 +0.76%
Brent Crude Oil NYMEX 59.77 -1.71%
Gasoline NYMEX 1.54 -2.08%
Natural Gas NYMEX 2.57 -0.66%
(WTI) 54.67 USD -2.64%

Rio Tinto
4,332 +1.01%

Bhp
1,803.8 +1.51%

Anglo American
1,932.8 +2.64%

Glencore
252.55 +0.24%

[the grumpy old men] 12/9/2019 13:08

2020 Presidential Election Calendar - The New York Times
www.nytimes.com/interactive/2019/us/elections/...

The election may still be hundreds of days away, but the 2020 primary process is already underway. Here’s a calendar of events — though some dates are still fluid. Bookmark it, and visit often.


April 2020
28 Tue.
New York Democratic primary
This may be last big delegate day of the race. If one candidate dominates every state this late in the primary, party leaders will likely move to get behind that person and seek to bring the race to an end.

[waldron] 12/9/2019 11:44

mike24
12 Sep '19 - 11:36 - 6275 of 6275
0 0 0
Trump has the Chinese by the balls,
plenty of time to pull the carrot away a couple of times
to build up brownie points before election


What date do you think the brownie points will come into play

Spring 2020 perhaps

what think you

[waldron] 11/9/2019 16:54

Iron Ore 92.34 USD 0.97(1.05%)
Gold COMEX 1,503.40 +0.28%
Silver COMEX 18.17 -0.09%
Platinum NYMEX 941.40 +0.51%
Copper COMEX 2.60 -0.93%
Brent Crude Oil NYMEX 60.68 -2.73%
Gasoline NYMEX 1.55 -1.73%
Natural Gas NYMEX 2.61 -0.31%
(WTI) 56.04 USD -3.30%

Rio Tinto
4,288.5 +0.88%

Bhp
1,777 +0.11%

Anglo American
1,883 +1.44%

Glencore
251.95 +1.25%

[waldron] 10/9/2019 17:02

Iron Ore 91.37USD 0.14(0.15%)
Gold COMEX 1,501.30 -0.65%
Silver COMEX 18.18 +0.07%
Platinum NYMEX 939.80 -1.35%
Copper COMEX 2.63 +0.04%
Brent Crude Oil NYMEX 63.59 +1.60%
Gasoline NYMEX 1.61 +1.39%
Natural Gas NYMEX 2.63 +0.23%
(WTI) 58.45 USD +0.33%


Rio Tinto
4,251 +0.77%

Bhp
1,775 +0.94%

Anglo American
1,856.2 +0.04%

Glencore
248.85 +2.51%

[waldron] 09/9/2019 16:48

Iron Ore 91.23USD 1.79(1.96%)
Gold COMEX 1,510.20 -0.35%
Silver COMEX 18.13 +0.03%
Platinum NYMEX 949.60 -0.35%
Copper COMEX 2.63 -0.15%
Brent Crude Oil NYMEX 62.80 +1.90%
Gasoline NYMEX 1.59 +1.05%
Natural Gas NYMEX 2.63 +2.98%
(WTI) 58.13 USD +2.29%

Rio Tinto
4,218.5 -0.44%

Bhp
1,758.4 -0.06%


Anglo American
1,855.4 +0.40%

Glencore
242.75 +0.48%

[waldron] 06/9/2019 16:32

Iron Ore86.24 USD -4.48(-5.19%)
Gold COMEX 1,529.20 +0.24%
Silver COMEX 18.76 -0.25%
Platinum NYMEX 965.60 +0.20%
Copper COMEX 2.64 -0.15%
Brent Crude Oil NYMEX 60.67 -0.46%
Gasoline NYMEX 1.55 +0.42%
Natural Gas NYMEX 2.54 +1.81%
(WTI) 55.75 USD -0.91%




Rio Tinto
4,239 +0.44%


Bhp
1,760.8 +0.58%

Anglo American
1,850.8 +0.81%


Glencore
242.85 +1.40%

[the grumpy old men] 06/9/2019 12:23

Anglo American (LSE:AAL)
Intraday Stock Chart

Today : Friday 6 September 2019
Click Here for more Anglo American Charts.

--The government of Botswana and De Beers, Anglo American PLC's (AAL.LN) majority-owned diamond miner, are in negotiations to replace their current 10-year sales deal that ends in 2020, Bloomberg reports.

--Botswana President Mokgweetsi Masisi said the sales deal between the African nation and De Beers should be concluded after next month's election, according to Bloomberg.



Full story: hxxps://bloom.bg/2kvkLb9



Write to Barcelona editors at [e-mail]



(END) Dow Jones Newswires

September 06, 2019 06:10 ET (10:10 GMT)

[waldron] 05/9/2019 16:47

Iron Ore 90.72 USD -0.85(-0.94%)
Gold COMEX 1,528.40 -2.05%
Silver COMEX 18.89 -3.39%
Platinum NYMEX 964.90 -1.96%
Copper COMEX 2.64 +1.83%
Brent Crude Oil NYMEX 62.14 +2.37%
Gasoline NYMEX 1.57 +2.59%
Natural Gas NYMEX 2.48 -0.64%
(WTI) 57.46 USD +2.64%



Rio Tinto
4,220.5 +0.31%


Bhp
1,750.6 -3.09%


Anglo American
1,836 +0.99%


Glencore
239.5 -1.38%

[ariane] 04/9/2019 18:11

Sharecast

Broker tips: RBS, Anglo American, BHP, Kainos
rbs gogarburn building

Analysts at Berenberg lowered their target price on retail bank The Royal Bank of Scotland from 340p to 280p on Wednesday after management conceded that the lender was now unlikely to achieve a 12.0% return on tangible equity by 2020.

Berenberg said that despite a challenging environment, RBS' strategy was delivering "profitable growth, meaningful cost reductions and substantial capital returns".

But the German bank pointed out that for many investors, this was simply "not enough". In particular, Berenberg said many were struggling to look beyond the current margin pressure, which had prompted RBS' board to accept that it would most likely be unable to meet its return on tangible equity targets in time.

The broker's analysts reduced their full-year 2020-21 EPS estimates for RBS by approximately 6%, mainly driven by lower net interest margins, compounded by lower expected buybacks. Berenberg's 2019 estimates, on the other hand, did rise modestly, but only reflecting non-operational effects.

"Following these adjustments, we believe consensus EPS estimates remain 4-6% too low," said Berenberg.

However, while disappointing, Berenberg believed the share price reaction to the news had been "too severe", particularly considering RBS' double-digit dividend yield.

"We believe RBS is able to deliver a double-digit dividend yield, alongside share buybacks of circa £3.0bn over three years. However, these prospective returns are being ignored," they wrote.

Berenberg, which reiterated its 'buy' rating on the group despite the target price cut, highlighted that RBS' efforts to bolster returns and offset revenue headwinds saw operating costs fall by roughly £170.0m during the first half.

Guidance from the lender that full-year restructuring costs should be towards the lower end of the previously guided range of £1.2bn-1.5bn provided the analysts with further comfort.

Deutsche Bank revised its ratings on London-listed miners on Wednesday as it said stocks were due a rebound after the summer selloff.

"Like most cyclical sectors, mining corrected sharply through the summer months," it said. "Risk appetite has collapsed and global growth fears are back at the forefront. While uncertainty and macro risks are high, we see scope for a tactical rebound on a six-month horizon."

DB added that iron ore prices have reset to more realistic levels and valuations are now someway below its mid-cycle targets.

"Our mining valuation composite is now sending a clear buy signal; buying at current valuation levels has yielded an average six-month return of 23% and the sector has moved up in relative and absolute terms on every occasion," it said.

"The pervasive fear in the market is that we enter a 2015 type slowdown which saw negative China and global steel demand for several quarters. While we expect a deceleration in China steel demand in the year ahead (2% in 2020 from 5% in 2019) we think a 2015 style slowdown is an overly pessimistic scenario."

The bank said Anglo American remains its top pick. "The business is well diversified, valuation compelling and, at the current share price, the market is getting the 30% growth by 2022E almost for free."

Deutsche upped its stance on BHP Group to 'hold' from 'sell', cutting the price target to 1,750p from 1,900p following the recent share price correction.

"Our view that BHP lacks structural growth drivers is unchanged, however, capital discipline is holding and dividend levels should remain robust through the cycle," it said.

[waldron] 04/9/2019 16:38

Iron Ore 92.33USD 2.78(3.01%)

Gold COMEX 1,555.50 -0.03%
Silver COMEX 19.45 +1.11%
Platinum NYMEX 982.80 +2.85%
Copper COMEX 2.59 +2.53%
Brent Crude Oil NYMEX 60.41 +3.69%
Gasoline NYMEX 1.52 +3.59%
Natural Gas NYMEX 2.44 +1.84%
(WTI) 56.02 USD +4.07%

Rio Tinto
4,213 +2.03%

Bhp
1,807.6 +2.44%


Anglo American
1,820.8 +2.70%

Glencore
243.85 +3.35%