Anglo American Share Discussion Threads

[philanderer] 14/2/2024 14:08

Miners in the doghouse again today.

[fuji99] 14/2/2024 12:09

IMO it's still a decent dividend.
Final results to be released on Thursday 22 Feb. where we'll know about the final divi.

[casket1] 14/2/2024 10:01

Fuji99, Hargreaves Lansdown has this at 9.84% ??

Last dividends of 55c at 17/08/23 & 74c at 16/03/23 = $1.29, which converts to £1.0287 over current share price of £16.99 equates to 6.05%, my apologises

Although it would be nice if it was 9% :-)

[fuji99] 13/2/2024 16:22

casket - DividendMax gives 5.8%.

[casket1] 13/2/2024 10:51

1knocker, topped out at £42 in April 22, the good old days.

Fuji, think the current yield is closer to 9%

[fuji99] 13/2/2024 10:35

Of all major miners, AAL has the most strategic and critical industrial metals; and yet, its share price lost 45% in one year, far more than any other. IMO as it stands, it is undervalued.

[redartbmud] 13/2/2024 08:59

ebb

A very insightful summation of the situation.

red

[fuji99] 13/2/2024 08:39

eggbacon..- Probably. Those who know everything without seeing anything.
In any case the chart is starting to build a double bottom.

[eggbaconandbubble] 12/2/2024 17:45

Most probably 22 year olds with a 'lifetime of experience' and a degree in sociology!!!

Working from home!

[fuji99] 12/2/2024 17:36

Demo trader: Most of these "analysts" are charlatans who just play with numbers.

[neilyb675] 12/2/2024 15:02

1762.20 - 1762.80 (GBX) at 15:01:58
on Market (LSE)

[demo trader] 12/2/2024 14:40

Lock these two in a room till they agree

DZ Bank cuts fair value for Anglo American to 1,550 (1,600) pence - sell

J P Morgan cuts Anglo American price target to 2,350 (2,450) pence - 'overweight'

Touched 1700p, now 1750p

[juliemara] 12/2/2024 12:17

You're not alone! I've just topped up yet again having called a very trustworthy fund manager mate in SA who reckons it's crazily undervalued. DYOR no advice intended etc.

[1knocker] 12/2/2024 11:31

I hope you are right!

I thought that at £30+, and at many (much lower) prices since. The share price is currently lower than my most recent (and lowest) top up price, and the prospective dividend is not exactly attractive as a % of my cost of purchase of the holding.

I console myself that we have seen £35 or whatever the top was, so perhaps we shall see a price high enough to make me all square again one day (though on an inflation adjusted price that would need to be a lot higher than my average purchase price). I fear I shall need to be very patient though.

Ought I to sell out and look to recoup my losses elsewhere? Search me. This market has me flummoxed.

[fuji99] 12/2/2024 11:15

The new low levels are entry opportunities in addition to a yield of more than 5%.

[tuftymatt] 08/2/2024 08:22

In line with expectations so I take that as a positive.

I kind of think all company specific bad news is now priced in so am more confident in adding at sub 1800. Could be wrong but it helps with my average that's for sure!!

Good luck all 👍🏻

[amanitaangelicus] 07/2/2024 18:57

What a fall in share price from the 3000's. Unbelievable stuff.

[philanderer] 07/2/2024 14:37

Q4 Production report tomorrow - gawd help us all.

[neilyb675] 05/2/2024 12:16

1820.00 - 1820.40 (GBX) at 12:16:35
on Market (LSE)

[philanderer] 01/2/2024 00:23

There was also good news for Anglo American – up 0.3 per cent, or 4.8 p, to 1896.6 p – after the miner’s diamond arm flagged up a surge in demand following strong trading in the US over Christmas, India restarting imports and prices rising once again.

De Beers, which mines in Botswana, Canada, Namibia and South Africa, estimated it sold £290million of diamonds from December 20 to January 30, more than double the amount between November 9 and December 19.


Mail market report

[juliemara] 31/1/2024 07:30

Bit of a curate's egg!

[neilyb675] 29/1/2024 13:00

1881.20 - 1881.80 (GBX) at 13:00:24
on Market (LSE)

[neilyb675] 26/1/2024 15:04

1877.00 - 1877.80 (GBX) at 15:04:45
on Market (LSE)

[neilyb675] 22/1/2024 11:41

1768.40 - 1769.00 (GBX) at 11:41:02
on Market (LSE)