BHP Billiton Share Discussion Threads

[tpaulbeaumont] 27/11/2015 15:12

certainly better buying now than it was 25% higher, but will it get better still?

[essentialinvestor] 27/11/2015 15:08

You must be building up a fat position here?.

[idioterna] 27/11/2015 15:04

Added at $26,60. It's courtege free for Black Friday in the US. Nice.

[tpaulbeaumont] 27/11/2015 14:39

whats the yield now?

[obbig60] 27/11/2015 14:26

All of the miners are being hammered today, Fall on BLT much in line with all the rest.

[celeritas] 27/11/2015 14:24

Who the hell knows, if it reached 493 you'd be calling for lower, human psychology will always want something cheaper.
For all anyone knows the current cycle is the bottom for commodity stocks, they could all go on a rally in December.
I bought a chunk of ved at 380 when it last visited, sold not much higher but it carried on to 600p, now back near where I last bought it. I had plenty of doubts as this sector is severely in the doldrums but it worked out. Sometimes you just have to cross the road.

The best position for most would probably be something like brci which covers loads of commodity stocks and currently pays a huge divi. It's a much cheaper way of holding a basket of stocks rather than one or two.
Just avg in as at some point this rout will turn as it's done many times in the past with the strong even stronger as costs will have been cut to deal with any fat, plus many smaller miners will have gone, either taken over by the big guys or pushed out of business.

[deanroberthunt] 27/11/2015 14:08

yep, they're an avoid at the mo, except KAZ....reckon something is a foot there.....massive BOD, Mgt and family buying.......bid coming ?

[pkvidean] 27/11/2015 14:05

Yes, the actual low on 20 Nov 2008 was 731.5p but, according to Yahoo's historical prices, if one takes into consideration dividends and share consolidations/splits the adjusted low in 2008 was around 493p. That level could well be approached again during 2016 so I'm a bit reluctant to top up even if the share price goes sub 800p today. Thoughts anyone?

[deanroberthunt] 27/11/2015 13:33

8 squid about to go...

[deanroberthunt] 27/11/2015 13:17

which is around the bottom of the falling channel...

[deanroberthunt] 27/11/2015 13:13

730-750p and I'm in for a santa rally punt.

[careful] 27/11/2015 12:01

I hope BLT are bunging the un officials to draw the right conclusion.

[essentialinvestor] 27/11/2015 11:56

Yes that would be great publicity, first the disaster and then lobby to
cut UN funding, get real for goodness sake.
BHP will just have to deal with what is coming, there is little they can
do in this context, it's the Government in Brazil that will decide.

[idioterna] 27/11/2015 11:46

In all seriousness Billiton should lobby the Australian government to cut funding to the UN to help pay for the current migrant crisis costs, just as Sweden has done. It's time the UN learnt it's behaviour is unacceptable in just about every area.

[celeritas] 27/11/2015 10:53

Plenty of miners to pick from.
The large ones will come through all this even stronger but I fear for the small caps who'll simply go out of business before the cycle turns.

[deanroberthunt] 27/11/2015 10:44

surely retest Credit Crunch low of 731p at some point.

[careful] 27/11/2015 10:12

Guy Gibson and the dambusters were thought to be heroes for breaking a couple of dams.
how times change.

[careful] 27/11/2015 10:02

why should BLT pay a progressive dividend out of its huge cash flow?
I hope the CEO reconsiders and reduces it to (say) 4%.
that will do nicely.
are we really that shocked that they will not pay out 9.7%?

this is a classic contrarian recovery play.
bought a few today.

[ny boy] 27/11/2015 10:00

Mug punters still buying these dead man walking commodity stocks. Fools easily parted with their cash during the biggest commodity rout in history DOH!

The charts don't lie but mug punters will continue to buy the dead cat bounces lol!

[adorling] 27/11/2015 09:11

There is significant chart support at £8.00 historically so just ignore the idiots talking about this breaking down below this. This is a good entry point for new investors and will reward handsomely over a 2-3 year time horizon.

[rickmay] 27/11/2015 09:04

THAT'S WHY I SAID PENCIL IN £2 to £3 it's Coming folk

[montyhedge] 27/11/2015 09:03

Lol what disaster, you are muppets.Read this.http://www.telegraph.co.uk/finance/markets/ftse100/12019736/Shares-in-BHP-Billiton-fall-as-investment-banks-question-progressive-dividend.html