BHP Billiton Share Discussion Threads

[anley2] 23/9/2015 18:33

and this may help..............


BHP Billiton reveals a plan to alter its dividend funding policy to ensure a promise on payouts to its British shareholders, but the move could come at a cost to its Australian shareholders.

Under the proposal, BHP's Australian company would effectively make payments to the British company to enable dividends to be paid, but the payment would mean BHP's Australian shareholders lose out on getting tax benefits, or franking credits, on the amount.

BHP says it does not expect any impact on its ability to pay fully-franked dividends in future, given the $25.4B franking credits available on its books.

The British and Australian sets of shareholders will vote on the proposal in October and November, respectively.

[anley2] 23/9/2015 11:23

So are we going to look back and say........is this the bottom?

[hooley] 16/9/2015 19:01

Checkout the free cash flow being generated even in present coditions. Divi is safe. Momentum is on the upside. Target 1600p by end of year.

[vyke82] 10/9/2015 14:02

Today is ex div do 40p lower for that reason

[xamf] 10/9/2015 10:49

Of course they will.

[idioterna] 09/9/2015 11:54

Rather chuffed at having nabbed BLT @ $33.62 last week. Certainly looks as if the Glencore announcement was the signal for a raw material turnaround. Blimey, even Maersk is up.

Any thoughts on the the end of US/UK QE? I am confused because usually I'd be abandoning the stockmarkets, but this time they've created so much electronic money I just don't know where I'm supposed to go.

[kiwi2007] 02/9/2015 10:00

Today's is a very similar chart to the above 'breakout' in Nov 14....

[montyhedge] 01/9/2015 13:32

No way can they keep this dividend going.

[masurenguy] 28/8/2015 10:20

How to play the downturn in the Australian economy

Some time ago, when the Aussie dollar was near its peak, we suggested shorting it against the US dollar. But how can you profit from the downturn now? You could stick with shorting the Aussie. The Australian central bank is probably going to cut rates further, while the US is (maybe) thinking about raising rates. However, bear in mind that it’s already fallen a lot. And playing the currency market is risky at the best of times, never mind some of the wild moves we’ve seen in the past week.

An alternative – more long-term – option, would be to pick up a cheap mining stock. One with deep enough pockets to pick up all the mines that are currently going cheap. BHP Billiton (LSE: BLT) isn’t a pure play on the Australian mining industry, but a large proportion of its revenue comes from Australia, so it should benefit from any drop in the Aussie (labour costs will go down, while the resources it sells are still priced in US dollars). BHP currently has a very attractive yield of 7.5% and trades at 12.3 times 2017 earnings. It has adopted an aggressive cost-cutting programme that should help the bottom line and preserve cash.

[loganair] 26/8/2015 09:09

In my good opinion Share price still too high, due to 3 of their 4 main areas of production (Iron Ore, Coal & Oil) at record lows with especially Iron Ore likely to go lower.

[nw99] 26/8/2015 07:18

Lovely yield and covered nicely . This company stands out here as an outstanding buy

[tpaulbeaumont] 25/8/2015 09:52

bouncing from 975...
(+/-)

[hooley] 25/8/2015 08:56

Free cash flow $6.3bn almost covers divi pyt. Intention is to at least maintain this level for current year. Yield of 7% is enough for me to take a longer view towards recovery.

[herbyrainer] 25/8/2015 08:25

Come on Monty you know fundamentals mean jack *hit! plunge protection is trying to restore some calm to the markets.

[montyhedge] 25/8/2015 08:15

Amazed this holding up, after these awful figures.

[montyhedge] 24/8/2015 10:07

Looks like 1000p support will be broken.

[montyhedge] 24/8/2015 10:05

835p on the cards.

[loganair] 24/8/2015 10:02

MINING giant BHP Billiton is set to slash its capital expenditure for the next year as volatility in the commodities sector continues to drag global markets, analysts have warned.

The company will announce its results for the 2015 financial year tomorrow, and analysts expect the firm’s income to have tumbled over the 12 months. Meanwhile, analysts at Liberum have forecast that the group will make “aggressive capital cuts”, bringing its current $9bn (£5.7bn) capex plan to below $7bn.

This would bring BHP’s capex guidance for the 2016 financial year to nearly half its original value – until November last year, expected capex for next year was $13bn. However, since that last capex cut, copper prices have fallen by 21 per cent, recently hitting six-year lows.

The analysts warned that unless BHP makes cuts to its capex plan, it will be unable to cover its dividend in 2016.

[loganair] 24/8/2015 10:01

By Ryan Newman - Combine weak factory activity with a severely devalued Chinese yuan and piling up sharemarket losses that could soon spill over into the real economy, and prices for commodities such as iron ore and oil could have a long way to fall yet (indeed, both are expected to fall dramatically over the coming months).

Iron ore and oil are BHP Billiton’s two most important markets, so it is easy to see why investors have become so bearish on the stock.

Although BHP Billiton remains my miner of choice given its size, diversification and juicy fully franked dividend yield (the stock currently trades on a fully franked yield of 7.4%). I expect the shares themselves could still come under further selling pressure which could erase any income generated from those distributions.

While BHP Billiton could be worthy of a position on your long-term watchlist, commodity prices will need to fall considerably further (or BHP’s shares will need to trade significantly lower than their current price) before I consider buying the stock.

[grahamite2] 23/8/2015 12:20

The canny traders have already sold the rumour and will be looking to close shorts tomorrow ahead of Tuesday's bounce.

[muffinhead] 23/8/2015 11:15

Asia's largest commodity trader, Noble Group

kaboom and commodities forced liquidation cometh

[montyhedge] 21/8/2015 21:49

875p target.

[muffinhead] 21/8/2015 12:15

Monty weekly chart gap at 798p...could go lower on emotional revulsion sentiment imo ? 500p. I'm not touching any energy or commodity company with a bargepole

Credit defaults coming in this space

China infrastructure story is finished...major bubble now burst, started 2011 but no capitulation yet



free stock charts from uk.advfn.com

[dlku] 21/8/2015 08:24

Unreal now scary