Anglo American Share Discussion Threads

[tuftymatt] 10/3/2023 09:23

Yeah I am waiting too now for XD
Balls deep here and in the sector in general which I am ok with for the long term / dividends but it doesn't look nice short term that's for sure.

Good luck all 👍🏻

[momentos] 10/3/2023 09:14

Support + divi roughly? Think I'll wait for xd when it might drop £1.

[crabbeng] 10/3/2023 09:11

I’ve put my limit order in for £26.7, so perhaps that will be jumping the gun

[momentos] 09/3/2023 17:08

Yeuch. This is in danger of crashing through the 2600 support when it goes xd. Buying opportunity coming perhaps...

[momentos] 09/3/2023 11:24

ADVFN clearly needs more buttons so people can find these things :)

[tuftymatt] 09/3/2023 10:55

No problem Net 👍🏻

[networker] 09/3/2023 10:51

Tufty
Thanks for quick and helpful response.

[tuftymatt] 09/3/2023 10:49

Oh ok, current reading looks to be around 32 👍🏻

Shame the share price isn't!!

[networker] 09/3/2023 10:43

My screens for RSI in the Header are all completely blank for some reason - hence my polite question.

[tuftymatt] 09/3/2023 08:59

It's visible above Networker

[networker] 09/3/2023 08:44

Does anyone know what the current RSI reading is for AAL, please?

[grupo] 08/3/2023 08:25

Anglo American PLC said Wednesday that rough-diamond sales by its majority-owned De Beers Group rose 9% in the second cycle compared with the earlier cycle, but are down compared with the same cycle a year prior.

The FTSE 100 diversified mining company said De Beers sold $495 million worth of diamonds in the second sales cycle of the year, compared with $454 million in first cycle and $652 million in the second cycle of 2022. There are 10 sales cycles each year.

"I am pleased to see continued steady demand for rough diamonds in line with our expectations for sales as the year progresses," De Beers Chief Executive Al Cook said.

"We know that Sightholders planned more of their purchases for later in 2023, given the economic uncertainty at the time they were taking their planning decisions at the end of 2022. It is also encouraging to see some positive trends in end client demand for diamond jewelry at the start of the year."

Anglo American said sales are provisional figures and based on expected sales between Feb. 20 and March 7.



Write to Ian Walker at [e-mail]



(END) Dow Jones Newswires

March 08, 2023 02:45 ET (07:45 GMT)

[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.