[ADVERT]
Share Name Share Symbol Market Type Share ISIN Share Description
Bhp Group Plc LSE:BHP London Ordinary Share GB00BH0P3Z91 ORD $0.50
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -94.40 -4.8% 1,873.80 1,867.20 1,868.00 1,957.20 1,855.80 1,956.80 23,046,139 16:35:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 43,970.7 17,786.5 161.6 11.5 39,576

Bhp Share Discussion Threads

Showing 1101 to 1116 of 1325 messages
Chat Pages: 53  52  51  50  49  48  47  46  45  44  43  42  Older
DateSubjectAuthorDiscuss
02/7/2021
08:26
Https://www.cnbc.com/2021/07/02/oil-prices-analysts-on-the-outlook-for-crude-after-strong-first-half.html
la forge
01/7/2021
07:08
CNBC European markets set to edge higher amid cautious start to the second half Published Thu, Jul 1 20211:38 AM EDT Elliot Smith @ElliotSmithCNBC Key Points The pan-European Stoxx 600 closed out its fifth straight positive month on Wednesday, and starts the second half up 13.49% year-to-date. Global investors will have an eye on the latest weekly jobless claims data out of the U.S. at 1:30 p.m. London time on Thursday. June’s manufacturing PMI (purchasing managers’ index) readings are due out of the euro zone and U.K. on Thursday morning. European markets are set for a slightly higher open on Thursday as global investors make a cautious start to the second half of 2021. Britain’s FTSE 100 is seen opening around 18 points higher at 7,055, Germany’s DAX is expected to add around 67 points to 15,598 and France’s CAC 40 is set to climb around 35 points to 6,543, according to IG data. The pan-European Stoxx 600 closed out its fifth straight positive month on Wednesday, and starts the second half up 13.49% year-to-date. PUBLICITÉ The mildly optimistic open expected in Europe diverges from the overnight trend in Asia-Pacific, where markets pulled back as a private survey showed Chinese factory activity growth slowing in June. Asian markets are also being weighed down by concerns about a rise in coronavirus infections and fresh lockdowns in the region.
waldron
28/6/2021
07:57
Glencore PLC said Monday that it has entered an agreement to acquire its joint venture partners' stakes in the Cerrejon coal mine in Colombia, for an aggregate purchase consideration of $588 million. The mining company said it has agreed to acquire the 33.3% stakes of partners BHP Group PLC and Anglo American PLC on similar terms, with the aggregate consideration subject to purchase price adjustments calculated upon closing the deal. Based on expected operating performance and current forward coal prices, and assuming the deal closes in the first half of 2022, Glencore expects cash generated by the operation to reduce the cash consideration to around $230 million. The company said that it is taking stewardship of the mine after BHP and Anglo American put up sale notices, and that the alternative was one or more new partners compromising its sustainable operating environment or extending production beyond current concessions. Glencore also said it has strengthened its emissions-reduction targets, including reducing its scope 1, 2 and 3 emissions by 50% by 2035 compared to 2019 levels, and setting a new short-term emissions reduction target of 15% by 2026 on 2019 levels. The transactions are subject to regulatory approvals and interconditional on each other. Write to Joe Hoppe at joseph.hoppe@wsj.com (END) Dow Jones Newswires June 28, 2021 02:47 ET (06:47 GMT)
adrian j boris
28/6/2021
06:50
European markets head for cautious start to the week Published Mon, Jun 28 20211:25 AM EDT Holly Ellyatt @HollyEllyatt Key Points European stocks are expected to open cautiously on Monday reflecting mixed sentiment in Asia-Pacific markets overnight. London’s FTSE is seen opening 6 points higher at 7,142, Germany’s DAX 7 points higher at 15,615, France’s CAC 40 2 points higher at 6,625 and Italy’s FTSE MIB up 3 points at 25,514, according to IG.
waldron
25/6/2021
18:39
Gas Shortage Pushes Coal Prices To 10-Year High By Irina Slav - Jun 25, 2021, 9:30 AM CDT Tight natural gas supply and a rebound in electricity consumption have combined to push thermal coal prices to the highest in a decade, the Wall Street Journal reports, adding that insufficient rainfall in China has contributed to the trend. Citing data compiled by Argus, the WSJ’s Joe Wallace wrote that the price of export coal from Newscastle, Australia—most of which goes to Asia—has gained 56 percent over the last year. European prices have also risen, adding 64 percent since the start of the year. Coal supply is also experiencing a growing tightness because of low investment in new production, partially the result of a drive towards lower use of the dirtiest fossil fuel and a boost in renewable electricity generation capacity additions. However, the latest price trends suggest that this capacity still falls short of meeting the demand for electricity in most key markets. According to the WSJ report, coal prices are likely to remain higher over the next few months due to the situation with fundamentals. “Supply is shrinking and it’s probably shrinking faster than demand,” Tom Price, head of commodities strategy at Liberum, told the WSJ’s Wallace. “Everyone had turned their backs on these [thermal-coal mining] assets. Those companies that have clung on to them have made a small fortune on them in just the past few months.” In China, the situation is quite critical. A shortage of coal last month prompted the introduction of power rationing in parts of the country, Argus reported earlier this month, adding that more rationing is likely as supply continues to be tight, not least because of a ban on Australian imports amid a political row between the two countries. Meanwhile, other suppliers are reaping the benefits of the unofficial ban, free to raise prices for delivery of the fuel to the world’s largest consumer. By Irina Slav for Oilprice.com
maywillow
25/6/2021
10:02
Https://www.cnbc.com/2021/06/25/big-oil-rising-tide-of-climate-cases-draws-parallels-to-big-tobacco.html
waldron
25/6/2021
09:23
Get the MoneyWeek newsletter Is the commodity bull market already losing steam? The commodities supercycle is facing its first real test. The prices of metals, agricultural products and oil have surged this year as economies have reopened. That has prompted talk of a new “supercycle221;: a prolonged period of rising prices caused by structurally higher demand. Commodities cycles are driven by the fact that suppliers cannot react quickly to rising prices. “It takes roughly ten years to build a new copper mine,” Matthew Fine of Third Avenue Management told Myra Some raw materials have started to come off the boil. Soybean futures have lost all of their gains for 2021, while corn, platinum and nickel have also retreated, say Yvonne Yue Li and Marvin Perez on Bloomberg. US timber prices had gained 400% in a year, but have fallen by more than one-third over the past month. Not all commodities have dipped. The likes of tin and oil remain buoyant. Brent crude futures hit a two-year high of $75 a barrel this week. Copper price goes into retreat Copper, a crucial ingredient in the green transition, was billed as the star of this supercycle. The metal is down by 15% since hitting an all-time high last month, although it has still gained 14% since the start of the year. Copper has suffered a “one-two punch” from the US and China, says Nathaniel Taplin in The Wall Street Journal. Hints of tighter monetary policy and doubts about President Biden’s infrastructure bill, which is being delayed by congressional bickering, could mean US demand proves weaker than predicted. Meanwhile China has been clamping down on commodity speculation and released copper, aluminium and zinc from its strategic stockpiles in a bid to keep a lid on prices. The country consumes half of the world’s refined copper. It would be premature “to say prices have peaked for the cycle. But the next few months could get rocky”. Government interventions in commodity markets don’t always work, says Udith Sikand for Gavekal Research. While policy tweaks can have a decisive impact in many asset markets, commodities track “fundamental demand-supply conditions”. Many metals markets are tight. London Metal Exchange data on inventories shows that “for a lot of commodities, stockpiles are near their lowest levels in well over a decade”. “The bullish commodity thesis… is about scarcity and strong physical demand”, says Goldman Sachs. They think Brent crude could average $80 a barrel over the third quarter of this year and that a deficit in the copper market looks likely to last into next year. This could be a “buying opportunity”.Roaring commodity markets got carried away this spring and were due a correction. But, says Sikand, “the pullback…looks more like a pause than a fundamental reversal”. A meltdown in the uranium market Investors in the uranium market are having a “meltdown̶1;, says Jinjoo Lee in The Wall Street Journal. A “performance issue” reported at China’s Taishan nuclear power plant has sent prices of uranium miners down by 10%. The incident seems to have been a “routine operational issue”, with “no abnormal radiation” reported in nearby Hong Kong or Macau. Any story involving the words “nuclear”; and “leak” gives investors painful flashbacks to the 2011 Fukushima nuclear disaster. That incident precipitated a long-term drop in nuclear fuel demand as countries such as Germany began to de-nuclearise. Global nuclear electricity generation “has recovered over the last five years to pre-Fukushima levels”, says Eoin Treacy of Fuller Treacy Money. Decarbonisation will bring “a significant increase in demand for electricity” over the coming years. Nuclear fuel is a “proven reliable zero-carbon” energy source that could provide power when renewables are not running. Nuclear energy is “the second-source of low-carbon electricity in the world behind hydropower”, say Nilushi Karunaratne and Alex Hamer in the Investors’ Chronicle. Yet it is often overlooked in favour of wind and solar. “Electricity generated by nuclear is expected to rise by a third between now and 2050”. The market currently has a “huge supply deficit”, although stockpiles are keeping a lid on prices for now.
waldron
25/6/2021
08:08
European shares set to inch higher as investors monitor recovery, tapering fears Published Fri, Jun 25 20212:35 AM EDT Elliot Smith @ElliotSmithCNBC Share Key Points The Bank of England on Thursday forecast inflation hitting 3% at its peak before cooling down, but insisted the spike above its 2% target would be transitory. Investors will be watching for a key U.S. inflation indicator on Friday when the Commerce Department releases the core personal consumption expenditures index. European stocks are set to open slightly higher on Friday, tracking global sentiment as investors place faith in the prospect of a steady economic rebound. Britain’s FTSE 100 is seen around 9 points higher at 7,119, Germany’s DAX is set to climb around 24 points to 15,613 and France’s CAC 40 is expected to add around 10 points to 6,641, according to IG data.
waldron
23/6/2021
07:50
BHP Group: Morgan Stanley upgrades its in-line weighting to overweight with a target of 2360p.
adrian j boris
21/6/2021
12:03
1,950 would = a 19% drop from the top. Re; Dividends Some variation with differant websites... ADVFN 4.82% Investing.com 5.59% DividendMax 7.0% BHP is still only c3.2% of my portfolio, so at sub 1,950 (or thereabouts) I would top up further for the med term cap gain. Taking any % dividend till that happens. Risk/reward at that must be quite good....
kipper999
21/6/2021
11:43
Https://www.marketscreener.com/quote/stock/BHP-GROUP-PLC-47281658/ IF TRULY TRENDING TOWARDS A 1950p support then perhaps we are near the bottom i am a support and resistence follower and depend on decent dividends to keep me happy if get stuck
waldron
21/6/2021
11:30
Yes, RIO also topped out on c10 May. This morning touched 5,631 before slight bounce. But that is also a 16% drop. So yes, miners getting hammered at the moment. Any prediction on the bottom for BHP at all?? The dividend on both of these companies will start to become attractive at some level, surely!
kipper999
21/6/2021
11:01
UBS has downgraded its recommendation on Rio Tinto from 'neutral' to 'sell' with a target price maintained at 5,100p, implying a potential 12% downside for the Anglo-Australian mining company's stock. In the summary of its research note, the broker highlights 'risks to iron ore growth with a more hawkish stance by the US Federal Reserve and measures by China to deflate commodities...'.
waldron
21/6/2021
09:14
ALL MINERS AFFECTED Enjoy your day and week
adrian j boris
21/6/2021
09:03
Dropped to 1,980 at about 8:30 this morning Adrian. Have topped up with this twice now since £24 high on 10 May. Seems to be in almost freefall. Imagime i might go again at, maybe, the 1,950 mark. You think the drop is mainly due to copper prices?
kipper999
21/6/2021
08:38
Bhp 1,998 -0.79%
adrian j boris
Chat Pages: 53  52  51  50  49  48  47  46  45  44  43  42  Older
ADVFN Advertorial
Your Recent History
LSE
BHP
Bhp
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210919 16:22:20