Anglo American Share Discussion Threads

[redartbmud] 06/12/2023 08:08

phil

Bought last night almost on the close at £21.60290
Good bet for a bounce at that level, anywhere up to £22.50 range.

red

[philanderer] 06/12/2023 00:09

red, I'm just not quick enough these days :-)

[redartbmud] 05/12/2023 17:36

phil

Buy & sell the volatility?

red

[philanderer] 05/12/2023 15:38

Behaving like a high beta AIM share .

China good , China bad, China good...China bad.... and on and on and on.

[tuftymatt] 05/12/2023 10:28

Yes a big mood swing in AAL since Friday's positive upgrade that's for sure!!

Good luck all 👍🏻

[philanderer] 05/12/2023 09:53

The US ratings agency Moody’s on Tuesday downgraded the outlook on China’s credit rating to ‘negative’ from ‘stable’ on the back of rising debt in the world’s second-largest economy.

‘The change to a negative outlook reflects rising evidence that financial support will be provided by the government and wider public sector to financially stressed regional and local governments... and state-owned enterprises, posing broad downside risks to China’s fiscal, economic and institutional strength,’ Moody’s said in a note.

Shares in miners struggled, with China a major buyer of minerals. Anglo American dropped 2.0% in London, while Antofagasta traded 0.9% lower.

[eggbaconandbubble] 01/12/2023 21:36

Up 7.9% on the day. Better than any deposit account!

[philanderer] 01/12/2023 14:14

UBS raised both Anglo American and Antofagasta to ’buy’ from ’neutral’.

The stock also got a boost from some good news from China.

In China, the Caixin manufacturing purchasing managers’ index rose to a three-month high of 50.7 points last month from 49.5 in October. The reading above 50 points indicates growth in the sector.

[eggbaconandbubble] 01/12/2023 13:40

Good! I’ve got a lot of 1p’s and 2p’s in the Spam tin!!!

[tuftymatt] 01/12/2023 11:56

Copper at 3 month highs for me is the key driver.

[eggbaconandbubble] 01/12/2023 11:41

The whole mining sector is up.

Have I missed someting?

[tuftymatt] 01/12/2023 11:31

A much needed boost that's for sure!!

Good luck all 👍🏻

[philanderer] 01/12/2023 11:07

UBS raises Anglo American to 'buy' (neutral) - price target 2,500 pence

[pugugly] 30/11/2023 14:28

buoycat - Could the "analists" end agenda be just that - To drum up trading so thosse on the otersid of the "Chinese Wall" can generate reveneu - The Cynic,,

[buoycat] 30/11/2023 14:10

It takes more than one view to make a market.

[casket1] 29/11/2023 13:46

If any of these so called "brokers" had ANY idea what they were talking about they would all have the same figure. Prices all over the shop just says to me they are all clueless and any target price should be taken with a (pinch) huge handful of salt. Or failing which, I'll take the Deutsche target lol

[philanderer] 29/11/2023 10:11

Berenberg cuts Anglo American price target to 2,200 (2,500) pence - 'hold'

[philanderer] 23/11/2023 10:26

Deutsche Bank raises Anglo American to 'buy' (hold) - price target 3,000 (3,100) pence


Liberum raises Anglo American to 'buy' (hold) - price target 2,500 (2,070) pence

[arja] 10/11/2023 15:57

thanks drectly . Could not find it on ADVFN but can get details of divs on AAL site I guess. Looked oversold on the day and fancied a day trade but held off as US indices flat today .

[drectly] 10/11/2023 14:34

arja, it does pay a divi, moves with results, but about 5% at present share price. Agree about the new ADVFN layoit.

[arja] 10/11/2023 14:25

surprised that AAL does not pay a dividend but I hate the new ADVFN layout as even difficult to find the debt/equity ratio which is probably high !