Anglo American Share Discussion Threads

[turvart] 02/4/2023 10:27

Hi Waldron,
Yeah fine thanks, I’m holding AAL fairly heavy and also CCH.
Not been on Advfn much these days as I’m in the gym 6 days a week, nice to see you pal and take care.

[waldron] 02/4/2023 05:29

The wanderer has returned

Trust all is well Turvart

enjoy your day and week

take care

chucklr and cheers

[turvart] 01/4/2023 22:53

I’m looking forward to the Q1 production report, should be a big improvement with copper mined, AAL will gain ground in the coming months I think going back into the 30’s is going to be sooner rather than later, I’ve got 2 limits set 1 to buy more @ 25.82 and 1 to sell @ 32.45

[philanderer] 30/3/2023 11:05

Morgan Stanley raises Anglo American to 'equal-weight'

Berenberg cuts Anglo American price target to 3,300 (3,600) pence - 'hold'

[redips2] 29/3/2023 10:24

Well proved to be a chance to grab some more this morning at 25.65ish.

[tuftymatt] 27/3/2023 13:17

If the US opens and stays positive can we break and close above 2600 today??

Really hope so 🤞🏻

[philanderer] 27/3/2023 13:12

.....heavily-weighted mining stocks fell after data showed that China’s industrial profits slumped 22.9% in the first two months of the year as the effects of Covid curbs continued to take their toll. Rio Tinto, Anglo American and Antofagasta were all down.

Sharecast

[vas007] 24/3/2023 09:50

Thanks for feed back . Will 'cry oops' I mean try to sit it out.

[fuji99] 24/3/2023 08:57

Too many red flags in the markets with numerous uncertainties (Russia/Ukraine, China/Taiwan and banking turmoil in particular). Then uncertainty in the FED statements regarding posing for interest rates. Stagflation could be on the cards. If they cannot overcome inflation, bankruptcies will trigger a recession (under still higher interest rates to reduce higher inflation). This is not the best recipe for any economy. Thus why turbulent and volatile markets to continue in 2023.

[tuftymatt] 24/3/2023 08:33

Recession fears / risk off = a bad combination for miners VAS.

Who knows short term what will happen but long term you will be ok here. Pick the divi up, average down when you can and wait as the world needs what all miners pull from the ground.

Good luck all 👍🏻

[vas007] 24/3/2023 08:19

Tufty what is going on this morning!!!! why miners drag down .

[gymratt] 23/3/2023 12:10

Nibbled a few more @ £25.75.

[fuji99] 20/3/2023 15:08

AAL is the most diversified of miners as it is also involved in diamonds/PM's. Following the banking debacle, I think the mining sector will benefit a lot as there will be a big sector rotation from banking, retail, home builders/construction to heavy material/mining stocks with decent dividends to reduce risk.
It's also the only miner with a turnover greater than its market cap. All the others (BHP, RIO, ANTO) have a market cap far higher than their turnover. To me it looks cheap.

[tuftymatt] 20/3/2023 12:39

Good news from BOA on AAL

We all need to see this banking crisis sort itself out and then some sort of confidence in buying at these levels will return quickly I think.

Yes there are recession fears but this is undervalued and the only question is will it get dragged down further by external forces?

[gswredland] 20/3/2023 12:20

Perhaps that is why it is up today

[philanderer] 20/3/2023 11:03

Bank of America raises Anglo American to 'buy' (neutral) - price target 3,500 (3,200) pence

[tuftymatt] 16/3/2023 12:13

I am deep underwater here too knocker at 3220 avg excluding today's divi.

I got some at just under 2700 yesterday only to see it tank further so I am sitting on my hands for now. I am happy long term as I will clean up my average when the markets settle and pick up the divi's along the way but it's been a bad play for me since early Feb that's for sure!!

Good luck all 👍🏻

[1knocker] 16/3/2023 11:59

My recent top up at 2733 is now looking pretty expensive, and my first purchase at 3510 a real shocker, though it seemed a decent price at the time .... Deep in the red on this holding, even on a total return basis. You never know how low miners can go. Most of my holding in RIO was bought at £19. A reminder to keep some powder dry.

[philanderer] 16/3/2023 11:59

Day for 'risk on' shares ... RKT, ULVR, BATS, DGE

[momentos] 16/3/2023 10:20

True that, but falling knives... $2 total divi 2022 what's the forecast 2023?

[tuftymatt] 16/3/2023 10:11

Todays fall in pence is more than the divi in US cents.

Sub 2500 now is a new year low and the divi is 6.4%. Must attract buyers soon right??

[momentos] 15/3/2023 20:40

So Dow made it to 20% up from September lows, has retraced 6%. FTSE made it to 17% up from September, now retraced 9%.

Which one has the huge company valuations & little yield again?

Not even a Brit bank in trouble. Smh.

[gswredland] 15/3/2023 17:27

With the ex divi date Thursday could be near 2000

[squintyflinty1] 15/3/2023 16:10

All miners are down badly. Didn't anticipate this low.