BHP Billiton Share Discussion Threads

[adorling] 01/12/2015 21:32

.......so we held over £8 again - good sign as we come into the Christmas rally so no doubt a few shorts will be closing in the next few days.

[careful] 01/12/2015 20:16

the whole commodity sector is bombed out without exception.
BLT was doing worse than most even before the dam accident.

If commodities turn around, BLT should recover strongly.
My guess is that commodities will turn around.
Almost as much derivite speculation as fundamental supply/demand.

[netnut] 01/12/2015 20:06

So at what level is all the bad news written in?

Seems a bit quiet on here, I suppose it's because the price has gone up a little?

[loganair] 01/12/2015 15:22

Brazilian miner Vale SA said in a Tuesday presentation that the impact of the Samarco dam burst could be $443 million in 2016.

[careful] 01/12/2015 15:22

all reducing costs and ramping up production.
collective madness.
just like the supermarkets chasing profitless market share.

the people who run mining companies seem to be second rate.

[anley2] 01/12/2015 14:59

BHP Billiton says it plans to reduce copper production costs while increasing output of the metal, remaining optimistic about rising demand in the long term.

Daniel Malchuk, BHP's copper chief, says the company will lower production costs to $1.08/lb. in FY 2017 from a projected $1.21/lb. in the year ending June 2016.

Malchuk says that while near-term oversupply is weighing on current prices, attractive long-term fundamentals continue to support a positive outlook.

Grade declines, falling investment across the sector, the lack of greenfield projects and expected demand growth in China are likely to constrain industry supply in the long term, Malchuk adds.

[netnut] 01/12/2015 09:02

Possible low/no news day. Looks like it'll be dragged around by whatever the footsie does.

[adorling] 30/11/2015 22:57

Strong recovery from the lows of today - should hang on to £8 level.

[netnut] 30/11/2015 21:02

To the poster of 12025, did you mean

POG...LONMIN.. BAT THE NEXT ?

I think you've posted it on the wrong thread.

Otherwise your post makes no sense whatsoever!

[dontbitethehandthatfeedsyou] 30/11/2015 18:31

POG...LONMIN.. BLT THE NEXT ?

[brutus8] 30/11/2015 17:19

Dr_EXThank you.That made me laugh.

[dr_ex] 30/11/2015 16:44

brutus did u just watch all the james bond films in one go?

[dr_ex] 30/11/2015 16:15

hammer time!!!

[dr_ex] 30/11/2015 15:47

this aint lonmin or pog rick.

[marvelman] 30/11/2015 15:13

Rickmay....read your post again and realise how stupid you sound.

[careful] 30/11/2015 15:10

commodity prices will bounce quickly.
everyone forgets that the world cannot live without these essential commodities and the appetite for them is insatiable.
This is a temporary supply/demand situation, aggravated by derivatives rigging the prices.

[rickmay] 30/11/2015 14:49

At these levels Lots more DOWN SIDE as Commodity price will fall more and world growth slowing up. TARGET £2 to £3 it's coming folks.

[loganair] 30/11/2015 14:09

Analysts at Investec said: “There are a number of large numbers being bandied around in the name of rehabilitation, compensation and retribution.

“Unfortunately, a tragedy of this scale will be politically charged and BHP now has to balance doing all it can to repair the damage, while also protecting its own interests.”

[essentialinvestor] 30/11/2015 13:34

Only half the equation Jack, supply is a huge factor.

[steeplejack] 30/11/2015 13:31

Commodity prices are a function of world growth/demand.

[careful] 30/11/2015 13:18

The reason why BLT has not (yet) reduced its dividend is because of its massive cash flow.
The cash flow last year was an eye watering $19.3bn, and will no doubt fall this year.

However, any thoughts of this falling much further are fanciful.
This must be be near the bottom right now.

[rickmay] 30/11/2015 13:03

TARGET £2 to £3 it's coming FOLKS.

[ny boy] 30/11/2015 11:21

Probably safe for nervous dip buyers to make a quick 2-3% approx, with a tight stop below the 08/09 low 730p