Anglo American Share Discussion Threads

[redartbmud] 14/5/2024 18:37

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 17:23

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 16:32

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 15:51

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 15:35

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 15:34

I have also picked up some @£26.03 .

[vas007] 14/5/2024 15:23

I also just top up @£26.03

[penandnen] 14/5/2024 15:15

Getting more and more complicated with time. Mrs and I decided to unload 2000 shares at £27.50. Gift horse/mouth etc. Next minute I'm thinking do we want to top-up AAL holding still left in our portfolios? Then there's the age old advice: Sell in May and stay away, deckchairs bit of sun and so forth. Complicated.

[juliemara] 14/5/2024 15:12

I love chess!

[juliemara] 14/5/2024 13:41

Just topped up. There may be a bit of profit taking and a drift down but medium and long term (possibly even short term) these seem a no brainer.

[juliemara] 14/5/2024 12:48

coburg1 - Is that you PV?

[philanderer] 14/5/2024 12:26

"Bid or no bid, it looks as if we’re getting a break-up of Anglo American whatever the outcome," said Dan Coatsworth, investment analyst at AJ Bell.

"However, there are major consequences if Anglo American demerges or sells certain interests including diamond, platinum and coal assets."

"Doing so would effectively make Anglo American even more attractive to potential bidders as it would have slimmed down and got rid of a lot of the fat that someone like BHP wouldn’t want," Coatsworth felt.

ii.co.uk

[pander45] 14/5/2024 12:16

So are others it seems. . .

[ashwani01] 14/5/2024 12:02

I agree. On that basis loaded up even more around 2630.

[pander45] 14/5/2024 11:49

Oh, and time is not on their side at all.

[pander45] 14/5/2024 11:48

Rock and hard place. Do nothing, be vulnerable. Pursue strategy, be vulnerable. The inevitable is going to happen just a case of when and how much.

[buoycat] 14/5/2024 11:34

I don't think that's a fair assessment just hours after the announcement

[pander45] 14/5/2024 10:27

It's backfired.

[pander45] 14/5/2024 10:16

Today's actions by the board have simply made the company more vulnerable. Oh dear.

[pander45] 14/5/2024 10:15

Not looking great

[philanderer] 14/5/2024 09:27

For me it depends if BHP says it's walking away in the next week . How far does the AAL shareprice fall ?

I still think BHP will comeback with a third and final throw before the 22nd , maybe even going hostile.

[cobourg1] 14/5/2024 09:20

What Bloomberg Intelligence Says
“Anglo American’s planned divestment of Anglo Platinum, De Beers, Metallurgical Coal and Nickel may take at least 18 months to complete, and has much of the same execution and timing risk as the BHP bid it rejected. Yet a smaller, more-focused portfolio could draw a wider range of potential suitors once the divestments are completed.”

— Grant Sporre, BI metals and mining analyst