Anglo American Share Discussion Threads

[tuftymatt] 06/3/2023 12:24

No problem VAS and hang in there is my advice. Miners will come good share price wise from these levels but in the mean time you can pick up a nice divi 👍🏻

[vas007] 06/3/2023 12:17

Tuftymatt -thanks for Ur comments but does not help my portfolio.Hopefully the sun will come out soon.

[tuftymatt] 06/3/2023 12:01

The 5% growth figure from China was lower than expected with many thinking 6% was on the cards.

[vas007] 06/3/2023 11:54

Hi can anyone comment on why these miners trashed again?

[tuftymatt] 01/3/2023 11:02

Yeah the recent fear in this sector has come from the impact of a possible US / European recession and the fact the likes of coal etc has dropped off due to a mild winter.

Longer term though this sector will be a great place to be as China will only become stronger as 23 moves on and that will erode any potential damages caused by the US / Europe.

All in my opinion of course and good luck all 👍🏻

[fuji99] 01/3/2023 10:44

FT: "Chinese factory activity expands at fastest pace in more than a decade". "Highest manufacturing reading since 2012 offers early signal of recovery following zero-Covid reversal" - As Covid restrictions are lifted, this could be the reason why miners will now recover very quickly.

[gswredland] 27/2/2023 16:04

Thank you tufty
Seems to bounce off 2600 frequently over the last year or so

[tuftymatt] 27/2/2023 15:58

I think it's more like 5.75% now.

[gswredland] 27/2/2023 15:12

ADVFN
has a yield of 11% . Is that sustainable or even correct?

[philanderer] 27/2/2023 14:24

arja , fingers crossed :-)

[arja] 27/2/2023 08:41

philanderer,
scrutinised chart again and I think maybe 2800 is good support area . Moving higher today as base metals having a little rebound but caution is the key word . Often a great trading stock of course

[empirestate] 25/2/2023 14:35

from 36 to 28.50 in a month looks a tad oversold imo. Went long yesterday evening.

[foxy22] 24/2/2023 16:47

This is not investing...it's a casino

[philanderer] 24/2/2023 16:41

Yep, -11% for the week

[foxy22] 24/2/2023 15:57

Omg this is being slaughtered

[philanderer] 24/2/2023 15:31

Chartwise it may well have to test 2550p/2600p

[arja] 24/2/2023 15:31

chart support now at about 2600 and most major mining stocks in a clear short term downtrend . might get a mini bounce on monday and I will close my modest short today . rare for me to short as feels uncomfortable

[squintyflinty1] 24/2/2023 15:22

This is moving into buying territory IMOH. What is the dividend yield at current levels?

[philanderer] 24/2/2023 13:30

Thanks tuftymatt, more luck than judgement :=)

[tuftymatt] 24/2/2023 12:50

Good work philanderer 👍🏻

[philanderer] 24/2/2023 12:34

I'm a bit lucky on this one with an average price of 1690p , doesn't happen often ;-)

[vas007] 24/2/2023 12:34

IMO we may have landed hopefully. Showing a small rise now.Good luck all.

[redips2] 24/2/2023 12:29

The gap at 2.660ish may well fill at this rate , and that’s the time to top up.

[tuftymatt] 24/2/2023 12:15

What a poor run of late but I am not selling and will buy more eventually to get the average looking better.

The above average out at 3317 which we had 4 days ago!!

Good luck all 👍🏻