Anglo American Share Discussion Threads

[sundial1] 16/5/2024 19:12

the price will drop out of Anglo, because board will refuse offer. and it will be cherry picked to survive .potash in Yorkshire be an expensive nuclear dumping waste facility.diamond side be hived off loss making .and Glen will buy the coal business.be left with copper and iron ore worth talking about there policies

[penandnen] 16/5/2024 18:25

AAL dumped us with Thungela. That was a wonderful deal. Let's face it AAL board are somewhat clueless when it comes to rationalising and sorting out the willy-nilly exploitation of assets acquired and under development. Best left to more competent mining companies in my view. Sell up and give us our money back. There's no other solution.

[eggbaconandbubble] 16/5/2024 14:11

Mike Henry is playing a blinder!

The master negotiator.

He will nick this bang on £30.

[spier40] 16/5/2024 11:00

reading on Australian mining news bhp boss takes deal to shareholder ,could be a revised bid to get the deal done Gla

[tuftymatt] 16/5/2024 09:51

It could be a ploy as was seen only yesterday with IDS.

That's my hope anyway but I still think the improved offer won't be much more than 2800. Hope I am wrong though and it's more like 3000.

Good luck all 👍🏻

[ashwani01] 16/5/2024 09:37

The price movement seems to indicate that no bid is coming or likely to succeed. Or is it just a ploy to shake out the weak holders before the jump ?

[philanderer] 15/5/2024 22:34

Anglo American is eyeing the quick sale of its coking coal business as it seeks to convince investors its radical shake-up is working.

The London-listed mining giant, which has turned down two bids from BHP worth £31billion and £34billion, this week unveiled plans to break up the company to fend off takeover interest.

The Mail understands it believes it will strike a deal to sell the coking coal arm for up to £4.75billion, having already received interest.

Glencore is said to be a potential buyer. Bosses hope a rapid sale will convince shareholders they are the right people to take Anglo forward amid interest from BHP.

It also plans to spin off its diamond business De Beers – possibly via a stock market listing in London – and its South African platinum arm.

Daily Mail

[tuftymatt] 15/5/2024 14:56

Yeah I am hoping this will do what IDS has done recently in terms of share price movement around a bid 🤞🏻

Good luck all 👍🏻

[spier40] 15/5/2024 14:55

something happening as where on the up

[ashwani01] 15/5/2024 14:19

Not really clear why price still floating around £26

[spier40] 15/5/2024 14:00

yes I read that saying 10% increase on last bid which takes us to 30.28 as final bid gla

[tuftymatt] 15/5/2024 12:51

Bloomberg saying shareholders from both companies are expecting a third and final bid before May 22nd

Good luck all 👍🏻

[juliemara] 15/5/2024 07:21

Following rather than leading, like most of them!

[bigbigdave] 15/5/2024 05:56

BERENBERG RAISES ANGLO AMERICAN PRICE TARGET TO 3000 (1600) PENCE - 'HOLD'

[redartbmud] 14/5/2024 20:36

aal has been vulnerable since Cyhthia whatever her name became CEO and began a crusade to take over the world. Much weakened by the time she went up the road.
Diamonds were always a cash cow, but it looks like the market has changed fundamentally. I see that as a negative for the medium term.

Suppose someone had to give it a go.

[redartbmud] 14/5/2024 20:25

phil

It is the institutional shareholders who will decide, so I don't see the purpose of him splashing comments all over the financial press. It ramps up the rhetoric but could prove counterproductive in th end.

red

[philanderer] 14/5/2024 18:54

'BHP boss appeals to Anglo investors after bid rejections'

[redartbmud] 14/5/2024 17:37

I hold Aal and added significantly recently.

H-L has just issued a sloppily written note:

...."Then there’s Woodsmith, an exciting crop nutrient asset currently in the early stages of development. The breaks have been put on...."

Think they mean brakes!!!


red

[1knocker] 14/5/2024 16:23

I am sorry to see coal on the disposal list. I think there is money in that for many a year to come.

Diamonds i should be happy to see go, ambivalent about platinum. Nickel, probably not the best moment to be unloading, but it could be a long wait for better times.

Anyone would think that the BHP CEO had written the for sale li

I can't make up my mind whether to top up, Earlier would have been much better, but better late than not at all, perhaps.

I added 50% to my Glencore holding a few months ago on a dip below 400 and am well up on that. The moral is probably to wait for a better price. No takeover is likely to happen very quickly.


The simplest solution is just to keep adding to my BRWM holding on dips and wen it goes to a discount, rather than wory about the relative merits of individual companies

[penandnen] 14/5/2024 15:32

I'm not offended to be considered "old school" and I actually did (years ago) use a local broker who always wore a blue/white striped shirt, red bracers and bow-tie! Also lost a lot of money taking his advice. Nowadays, I'm "allowed some chips" to bet on shares for a bit of fun (until somebody decides I'm more senile than my peers!) Soooh! I'll try to think through the "complicated".

[juliemara] 14/5/2024 14:51

Also it was coined in the days when you sent a letter to instruct your broker (who in turn would be taking the blower Bentley around Europe in the summer).

[c0cky] 14/5/2024 14:35

Sell in May, just rhymes. Nonsense. If you sold 2000. Buy 500 back and keep buying every 150 fall. Join the fun.

[vas007] 14/5/2024 14:34

I have also picked up some @£26.03 .

[vas007] 14/5/2024 14:23

I also just top up @£26.03