Anglo American Share Discussion Threads

[waldron] 14/10/2019 16:44

Iron Ore 92.23 USD -0.63(-0.68%)
Gold COMEX 1,496.30 +0.51%
Silver COMEX 17.67 +0.72%
Platinum NYMEX 900.40 +0.01%
Copper COMEX 2.63 -0.06%
Brent Crude Oil NYMEX 59.08 -2.36%
Gasoline NYMEX 1.60 -2.58%
Natural Gas NYMEX 2.47 +0.49%
(WTI) 53.3 USD -2.70%


Rio Tinto
4,117 -2.20%

Bhp
1,676 -2.58%

Anglo American
1,936.2 -2.44%

Glencore
230.95 -2.76%

[maywillow] 13/10/2019 13:01

INVEZZ


Anglo American Marked “Buying Opportunity” By BoA’s Merrill Lynch
October 13, 2019

The mining industry is known for keeping a cyclical pattern in the financial markets. Britain based multinational mining company, Anglo American (LON:AAL), has been under pressure for quite some time. But the latest developments in the stock market represent that the other side of the cycle is finally starting to emerge.
An Overview Of The Anglo American Stock

Since 2016, when the share price for Anglo American hit rock bottom at around 220 level, financial analysts have been waiting for optimism in its stocks. A recent analysis of the charts, however, has pointed at a changing scenario. Currently trading at 1,923 level, LON:AAL is starting to challenge the yearly high of 2,100 that was touched back in July of 2019.

But the optimism is no longer confined to that. According to an estimate by Merrill Lynch, a prominent name in the league of investment management companies, that operates under the Bank of America (BoA), it has been forecasted that the share price of Anglo American can hit the 3,100 level mark by the end of the year. The stock has officially been labeled as a “Buying Opportunity” by Merrill Lynch.

On the other hand, corporations like Rio Tino, and BHP have been marked underperforming by the Bank of America’s Merrill Lynch, while Glencore has been highlighted as neutral with a potential for sideways trading in the days to come.
Anglo American Anticipated To Present Further Upward Rally

Apart from the rising interest for the investors in LON:AAL stocks, the simplest explanation to the price hike, as per the financial experts, is the cyclic trend of the mining industry. Now that it has successfully gone through the downward side of the cycle, the share price has now started to present the upward end that is likely to stay for a while.

The controlling stake that Anglo American has in the Platinum group was also reported as another factor that may have contributed to the current price hike and is expected to continue to do so. While Platinum has underperformed in the market for quite some time due to the complications regarding its oversupply, such concerns have been long settled as represented by the rally that has brought its price up by 200% since 2016.

The Swiss multinational investment bank, UBS Group AG, has also supported the claims of a further rally in Anglo American stock. The senior analysts at UBS have opinionated that LON:AAL could make a new yearly high in the next few months.
Michael Harris Michael Harris
I began trading in my early 20's and since then have combined my knowledge and love of the industry to become a news writer. I am passionate about bringing insightful articles to readers and hope to add some value to your portfolios!

[andy flower] 11/10/2019 21:28

Perhaps China deal, Brexit deal and FED cutting rates could have been the perfect storm for the shorts.

[waldron] 11/10/2019 16:54

Iron Ore 92.86USD -0.15(-0.16%)
Gold COMEX 1,482.40 -1.23%
Silver COMEX 17.48 -0.69%
Platinum NYMEX 893.70 -1.56%
Copper COMEX 2.62 +0.42%
Brent Crude Oil NYMEX 60.37 +2.15%
Gasoline NYMEX 1.64 +1.08%
Natural Gas NYMEX 2.45 +1.53%
(WTI) 54.58 USD +1.28%




Rio Tinto
4,195.5 +2.23%


Bhp
1,715.2 +1.10%


Anglo American
1,981.6 +3.02%


Glencore
237.6 +2.41%

[grupo] 11/10/2019 08:37

Rio Jefferies Int Hold reduces from 5,500.00 to 4,700.00 Downgrades

Glencore Jefferies Int Buy reduces from 320.00 to 300.00 Reiterates

Anglo American Jefferies Int Buy reduces from 2,500.00 to 2,200.00 Reiterates

[waldron] 10/10/2019 16:46

Iron Ore 93.01USD 1.42(1.53%)
Gold COMEX 1,499.60 -0.87%
Silver COMEX 17.59 -1.26%
Platinum NYMEX 903.90 +0.80%
Copper COMEX 2.62 +1.83%
Brent Crude Oil NYMEX 58.65 +0.57%
Gasoline NYMEX 1.59 +0.37%
Natural Gas NYMEX 2.42 -0.70%
(WTI) 53.01 USD +1.22%


Rio Tinto
4,104 +2.13%

Bhp
1,696.6 +1.96%

Anglo American
1,923.6 +3.98%

Glencore
232 +3.18%

[waldron] 09/10/2019 16:45

Iron Ore 91.59 USD -1.94(-2.12%)
Gold COMEX 1,512.50 +0.57%
Silver COMEX 17.79 +0.48%
Platinum NYMEX 898.80 +0.98%
Copper COMEX 2.57 -0.14%
Brent Crude Oil NYMEX 59.17 +1.60%
Gasoline NYMEX 1.61 +1.66%
Natural Gas NYMEX 2.47 -1.04%
(WTI) 53.64 USD +2.39%


Rio Tinto
4,018.5 -0.20%

Bhp
1,661.6 -0.59%

Anglo American
1,850 +1.85%

Glencore
224.85 +0.42%

[florenceorbis] 09/10/2019 10:20

RBC Capital Markets Top pick up from 2,300.00 to 2,350.00 Reiterates

[florenceorbis] 09/10/2019 10:16

Rio Tinto PLC Bank of America Merrill Lynch Underperform Reiterates

Glencore PLC Bank of America Merrill Lynch Neutral 250.00 - Reiterates

Anglo American PLCBank of America Merrill Lynch Buy 3,100.00 -Reiterates

[waldron] 08/10/2019 17:07

Iron Ore 93.53 USD 0.98(1.05%)
Gold COMEX 1,507.20 +0.19%
Silver COMEX 17.71 +0.97%
Platinum NYMEX 887.50 -0.09%
Copper COMEX 2.57 -0.41%
Brent Crude Oil NYMEX 57.98 -0.63%
Gasoline NYMEX 1.57 +0.06%
Natural Gas NYMEX 2.49 -0.28%
(WTI) 52.3 USD -1.28%

Rio Tinto
4,026.5 -0.69%

Bhp
1,671.4 -0.88%

Anglo American
1,816.4 -0.91%

Glencore
223.9 -0.49%

[waldron] 07/10/2019 16:57

Gold COMEX 1,505.00 -0.52%
Silver COMEX 17.56 -0.40%
Platinum NYMEX 887.10 +0.02%
Copper COMEX 2.58 +0.86%
Brent Crude Oil NYMEX 59.10 +1.25%
Gasoline NYMEX 1.59 +0.86%
Natural Gas NYMEX 2.49 -1.51%
(WTI) 53.72 USD +2.07%



Rio Tinto
4,054.5 +0.47%


Bhp
1,686.2 +0.18%

Anglo American
1,833 +0.75%

Glencore
225 -0.73%

[waldron] 04/10/2019 17:37

Iron Ore 92.18 USD -0.08(-0.09%)
Gold COMEX 1,508.70 -0.34%
Silver COMEX 17.53 -0.85%
Platinum NYMEX 883.10 -1.26%
Copper COMEX 2.55 -0.12%
Brent Crude Oil NYMEX 58.39 +1.18%
Gasoline NYMEX 1.57 +1.19%
Natural Gas NYMEX 2.56 +2.28%
(WTI) 52.84 USD +0.86%


Rio Tinto
4,035.5 +1.08%

Bhp
1,683.2 +1.42%

Anglo American
1,819.4 +2.16%

Glencore
226.65 -0.57%

[florenceorbis] 04/10/2019 07:35

Deutsche Bank Buy 2,300.00 - Reiterates

[cpap man] 03/10/2019 16:59

KAV



SP Angel . Morning View .


Kavango Resources (KAV LN) 2.0p, Mkt Cap £3.1m – Kavango selects new targets for 1,000m drill campaign

Kavango Resources has signed a contract mobilising a number of drill rigs to test targets in Botswana.

The drill program is for three vertical holes covering 1,000m on the Kalahari Suture Zone ‘KSZ’

The team plan to intersect conductor targets at depths of between 200m and 400m.

To save time and cost, the holes will be pre-collared to approximately 150m with reverse circulation drilling followed by diamond core drilling for better information on the geology below this point.

Management are hoping to find mineralisation in a 10km x 6km magnetic anomaly, which is interpreted as a potential magma chamber.

The other two targets relate to significant linear magnetic and conductive structures.
Water will be trucked in from a local town.

Conclusion: Botswana hides many interesting mineral discoveries under a significant depth of Kalahari desert sand.

Kavango hopes the use of modern remote sensing techniques will help it pinpoint mineralisation in anomalies of significant scale under the sand.

While drilling these targets feels a bit like wildcatting in the oil industry investors can rest assured that target generation is supported by a thorough analysis of the latest data.

[waldron] 03/10/2019 16:53

Iron Ore 92.26 USD 0.00(0.00%)
Gold COMEX 1,516.00 +0.54%
Silver COMEX 17.69 +0.04%
Platinum NYMEX 897.20 +0.31%
Copper COMEX 2.56 -0.43%
Brent Crude Oil NYMEX 57.14 -0.95%
Gasoline NYMEX 1.55 +0.16%
Natural Gas NYMEX 2.45 -0.04%
(WTI) 52.03 USD -0.76%


Rio Tinto
3,992.5 -0.34%

Bhp
1,657 -0.48%

Anglo American
1,781 -1.00%

Glencore
227.95 -2.06%

[la forge] 03/10/2019 07:46

TOP NEWS: Anglo American Diamond Sales Rise Over Eighth Cycle

Thu, 3rd Oct 2019 07:18
Alliance News

(Alliance News) - Anglo American PLC on Thursday reported a slight recovery in diamond sales cycle-to-cycle, but the figure was down substantially compared to a year before.

For the eighth cycle of 2019, the miner's De Beers unit reported diamond sales at USD295 million, up 2.7% from the actual USD287 million in the seventh cycle, but down 33% from USD482 million the same cycle a year before.

"As we approach what is traditionally a quieter time of year for the diamond industry during the Diwali holiday, we have again offered our customers flexibility during this sales cycle," said Bruce Cleaver, chief executive officer of De Beers.

By Dayo Laniyan; [e-mail]

[waldron] 02/10/2019 16:43

Iron Ore 92.26 USD 0.10(0.11%)
Gold COMEX 1,508.50 +1.31%
Silver COMEX 17.68 +2.18%
Platinum NYMEX 894.00 +0.89%
Copper COMEX 2.58 +0.66%
Brent Crude Oil NYMEX 57.27 -2.75%
Gasoline NYMEX 1.53 -2.47%
Natural Gas NYMEX 2.47 -0.52%
(WTI) 52.36 USD -3.20%


Rio Tinto
4,021.5 -4.28%


Bhp
1,672 -3.69%

Anglo American
1,805.2 -3.14%


Glencore
232.6 -2.27%


A GREY DAY FOR MOST SHARES AND PERHAPS A BUYING OPPORTUNITY FOR SOME

[florenceorbis] 02/10/2019 08:22

RBC Capital Markets Top pick ups from 2,200.00 to 2,300.00 Reiterates

[waldron] 01/10/2019 17:05

Iron Ore 92.16 USD -0.75(-0.81%)
Gold COMEX 1,491.10 +1.24%
Silver COMEX 17.36 +2.10%
Platinum NYMEX 886.70 -0.28%
Copper COMEX 2.56 -0.81%
Brent Crude Oil NYMEX 58.99 -0.44%
Gasoline NYMEX 1.57 +0.51%
Natural Gas NYMEX 2.48 -1.00%
(WTI) 53.69 USD -1.01%

Rio Tinto
4,201.5 -0.18%

Bhp
1,736 +0.21%


Anglo American
1,863.8 -0.40%

Glencore
238 -2.76%

[waldron] 30/9/2019 16:54

Iron Ore 92.89USD -0.06(-0.06%)
Gold COMEX 1,475.90 -2.02%
Silver COMEX 17.12 -3.04%
Platinum NYMEX 887.90 -5.15%
Copper COMEX 2.58 -0.50%
Brent Crude Oil NYMEX 60.17 -1.43%
Gasoline NYMEX 1.59 -1.04%
Natural Gas NYMEX 2.34 -2.75%
(WTI) 55.05 USD -1.78%

Rio Tinto
4,209 -0.95%

Bhp
1,732.4 -1.28%

Anglo American
1,871.2 -0.81%

Glencore
244.75 -0.91%

[foxy22] 30/9/2019 10:07

Cs target cut to 2600Still quite high

[waldron] 27/9/2019 17:14

Iron Ore 92.89 USD -0.06(-0.06%)
Gold COMEX 1,503.60 -0.77%
Silver COMEX 17.55 -2.05%
Platinum NYMEX 938.40 -0.46%
Copper COMEX 2.60 +0.74%
Brent Crude Oil NYMEX 61.05 -1.12%
Gasoline NYMEX 1.61 -0.60%
Natural Gas NYMEX 2.41 -1.19%
(WTI) 56.07 USD -0.32%



Rio Tinto
4,249.5 +2.02%


Bhp
1,754.8 +1.16%


Anglo American
1,886.4 +2.49%


Glencore
247 +1.52%

[waldron] 26/9/2019 16:51

Iron Ore 92.97 USD -0.24(-0.26%)
Gold COMEX 1,517.00 +0.31%
Silver COMEX 17.97 -0.60%
Platinum NYMEX 939.20 +0.38%
Copper COMEX 2.58 -1.21%
Brent Crude Oil NYMEX 60.81 -1.01%
Gasoline NYMEX 1.60 -0.26%
Natural Gas NYMEX 2.42 -3.97%
(WTI) 55.64 USD -1.89%



Rio Tinto
4,171 -0.13%


Bhp
1,739.6 +0.38%


Anglo American
1,849 +0.40%


Glencore
243.25 +0.10%