Antofagasta Share Discussion Threads

[diku] 02/8/2011 13:18

I need to see an optician...

[slogsweep] 29/7/2011 08:00

I got special divi ok but no sign of 7.66p final divi anyone else have this problem

[o poodeenyo] 25/7/2011 00:42

dont know what is bargain any more, £5? safety first now with big trouble starting tomorrow. even with debt ceiling raised is trouble, how and who to pay for the debt. O Poodeenyo


US debt crisis threatens global markets as Congress is locked in blame game
Sunday 24 July 2011 19.44

Democrats and Republicans are locked into a dangerous game of seeing who will crack first over the national debt crisis, with the White House warning that the next few days could be stressful for world markets and Americans.

The business secretary, Vince Cable, broke the unwritten rule of non-intervention in other countries' domestic disputes on Sunday by describing diehard Republicans as "nutters".

Cable, appearing on the BBC's Andrew Marr show, said: "The irony of the situation at the moment, with markets opening tomorrow morning, is that the biggest threat to the world financial system comes from a few right-wing nutters in the American Congress rather than the eurozone."

Until now, market traders had appeared confident that agreement would eventually be reached but US legislators fear that, following the collapse of talks on Friday, there could be the first signs of panic when Wall Street opens on Monday as well as other markets round the world.

[o poodeenyo] 17/7/2011 23:49

Not healthy business environment at all.
maybe time to stay away!
o poodeenyo

Markets braced for falls as EU argues over Greek bailout

A dangerous rift among European leaders over how to resolve the Greek debt crisis threatens to drive stock markets lower on Monday, after a German central bank chief warned against plans to issue eurobonds.

9:05PM BST 17 Jul 2011

On Friday, Deutsche Bank analysts warned that markets around the world could crash by more than a third if Europe fails to resolve its debt crisis.
Over the weekend Poul Thomsen, the International Monetary Fund's mission chief to Athens, said that Greece's finances were on "a knife edge." Last week the IMF said Greece needed an extra €100bn (£88bn) of aid on top of the €110bn bail-out package agreed last May. Greece is already being crushed under its €350bn debt pile.

The 17 eurozone nations are due to hold a crisis summit in Brussels on Thursday to agree fresh support for Greece and urgent measures to prevent contagion spreading to Italy and Spain – the third and fourth biggest economies in Europe respectively. On Friday Italy passed a €48bn austerity budget aimed at radically reducing the public deficit by 2014.

George Papandreou, the Greek prime minister, repeated a call for urgent and unified action. "It is time for Europe to wake up," he said in an interview.

Analysts at Capital Economics said: "The policymakers' continued dithering appears to be pulling both Spain and Italy further into the crisis. Either they stop fiddling and take decisive action or they may soon have to start contemplating the unthinkable."

[harrybigdick] 14/7/2011 18:25

I don't go bust...i'm a bit like the USA...just keep raising the debt limit ceiling!!!

Hope it helps as we start the next phase of the downleg towards totally and utterly and shaggily financially bankrupt nations!!

Sanks
Harrys Loola with a possible £2 austerity target.

[deadly] 13/7/2011 10:00

How is the short doing, Harry?

How long can you hang in before going bust?

[o poodeenyo] 11/7/2011 00:45

More truble!

EU calls emergency meeting over Italy
11/07/2011

European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the euro zone debt crisis, reflecting concern that the crisis could spread to Italy, the region's third largest economy.

The talks were organized after a sharp sell-off in Italian assets on Friday, which has increased fears that Italy, with the highest sovereign debt ratio relative to its economy in the euro zone after Greece, could be next to suffer in the crisis. A second international bailout of Greece will also be discussed, the sources said.

[harrybigdick] 04/7/2011 23:28

How long can they force pressure and hide transparency!

S&P slaps 'default' label on Greece's $28bn debt restructuring package
Monday 4 July 2011 19.18

German and French proposals to restructure up to €30bn (£28bn) of Greek government debts were thrown into disarray after ratings agency Standard & Poor's said they amounted to a "selective default".

Louise Cooper, markets analyst at BGC Partners, said: "I imagine there are a lot of phone calls being made between the European political elite and the bosses of S&P – the political pressure that is currently being exerted to try and persuade these agencies not to classify any potential restructuring as a default.

A default on Greek bonds would cause havoc across the financial system, cutting the value of investors' holdings around the world and possibly leading to struggling economies such as Portugal and Ireland having their debts downgraded. Furthermore, the ECB's refusal to accept defaulted bonds as collateral could crush Greek commercial banks that depend on ECB financing and hit other banks with large holdings of Greek debt.

[diku] 04/7/2011 22:41

Surprised S&P took soooooo long to figure that out!...Politicians are smarter than S&P!...

[nellie1973] 27/6/2011 12:59

Broker note today-Overweight target 5600p

[o poodeenyo] 15/6/2011 23:04

troutman please fukoff and take your mama with you, thanks with respect.

anto £11.50 tomorrow?
wandering why the dogs are barking, probably cos they're the last ones holding!
Poodeenyo

[harrybigdick] 20/5/2011 15:12

Nob jockey analysts holding losing positions, attempting to sell the market to the nobby troutman type of punter...so they can get out and limit the loss!

Positions will automatically unwind as they manipulate accordingly.
Now they're talking about the BUBBLE POPPING!!!:



Target remains circa £5
Sanks
Harrys Big'n

[2liveinhope] 16/5/2011 09:12

Here's another speculative analyst on Bloomberg, Currie from Goldman Sachs predicted this short term commodities price correction. He now anticipates a $1000 rise in copper prices to $9600 in 2012, with a side way movement in price over the next 6 months. Also has a good insight into China an it's copper inventories.

[o poodeenyo] 15/5/2011 12:54

clownman2, no one said commods will not be needed again.
Its important to keep this in perspective.
Commodity boom is now giving an early indication of a further declines.
Some posters seem to think it makes a difference to continue only posting rampant news, refusing to look at the other side of the coin.
Game over. Poodeenyo



CME Group announced it will raise margin requirements on gasoline contracts, following steep increases in silver margin rates over the past few weeks.
To quell volatility in commodities, the CME Group is raising margins again.
Traders forced to meet margin calls has caused some of the selling in commodities over the past two weeks. But there also has been a change in sentiment.

From global perspective, the short dollar, long euro, long commodities trade is starting to unwind on concerns about a slowdown in global growth, rising inflation and interest rate hikes. Domestically, for now, the U.S. energy market is now more worried about the impact of high prices on consumer demand than the potential impact of Midwest floods on petroleum supplies.



Oil, gold and silver plummet on global economy fears
Oil, gold and silver nose-dived yesterday, as investors sold commodities over worries about the health of the global economy.



Oil plunge hints at end of commodities boom



Tetsu Emori, a commodities fund manager at Astmax Co in Tokyo, said prices may fall some more.
Commodity markets are poised for a further near-term drop as speculators and those who joined the rally in its late stages unwind long positions



Steep slides in everything from cocoa and copper to silver and gold could mark an end to a bull run that has taken the prices of many materials to record highs.
"This is one for the books," said Edward Meir, commodities analyst at broker MF Global in New York. "Across the board you're seeing a general unwinding of the commodity trade."
The sell-off came a day after Glencore, the world's biggest commodities trader, unveiled details of its multibillion-dollar flotation. Some investors drew comparisons with the initial public offerings of Goldman Sachs and private equity group Blackstone, which marked the top of their respective markets.

[troutman2] 07/5/2011 21:13

Hi pooey
Are you a shorter ? your appearing on all the mining sites with exactly the same post, guess you think one size fits all ?, amazing in its simplicity.
So its goes down, what do you think, the world will never need raw materials again ?, and we will all be using candles, and travelling in horse and carts, ?.
If that were ever to be the case, dealing in shares etc, will be the least of our worries, as the system we now know will cease to exist.
It will go down, of course it will, if shares went up in a straight line, the stock market would not exist, in time it will go back up, mind you if you think the company is going out of business, then thats a sure sell. General market conditions are just a buying opo.
Patience is the name of the game pooey. AIMHO.

[2liveinhope] 05/5/2011 18:19

Many more buys than sells today after the final large trades of the day, can anyone explain why this may have happened and if anything should be read into it ? Similar happened at KAZ.

16:57 1,232.00p 2,500 £30,800 Buy
16:46 1,210.00p 250 £3,025 Buy
16:46 1,212.01p 36,680 £444,564 Buy
16:46 1,212.32p 21,200 £257,011 Buy
16:46 1,205.39p 22,089 £266,258 Buy
16:46 1,204.92p 17,666 £212,862 Buy
16:46 1,211.43p 873 £10,576 Buy
16:46 1,212.96p 873 £10,589 Buy
16:36 1,203.00p 5,072 £61,016 Buy
16:35 1,203.00p 522,321 £6,283,522 Buy
16:32 1,212.45p 250,000 £3,031,125 Buy

[o poodeenyo] 05/5/2011 16:21

Shares have dropped more then the divi! Obviously was NOT worth the wait!
Speculators have left the party on metals, with no bottom in sight for silver!
I'm a buyer at £7, no broker targets will help this now.

Poodeenyo