BHP Billiton Share Discussion Threads

[montyhedge] 08/12/2015 16:50

WJYou have been conned by the value trap, no dividend, p.e. 30 are you mad.

[inntolife] 08/12/2015 16:49

If you manage to catch the falling knife you'll b able to have a "BLT"
looking to get these into my childrens JISA .....5 years until the first one is 18 looks pretty solid, for that time scale.

[tpaulbeaumont] 08/12/2015 14:54

still getting cheaper i see, its enough to make the nimblest adrenalin junkies blush :)

[steeplejack] 08/12/2015 12:34

Moreover,when all the smaller emerging economies in South America to Africa etc have been well and truly kippered with the closure of mines,all will be set for a global conflagration which will lead to a massive upsurge in demand for metals as disgruntled nations embark upon rearmament programmes.You're quite right.Round about now it's looking like 1936?

[essentialinvestor] 08/12/2015 12:06

BPH and RIO will be the long term winners, may make my first purchase
here.

[careful] 08/12/2015 10:36

demand is very high if you check the numbers.
just a freak of supply/demand is that small surpluses result in large price falls.
small shortages huge rises.

[idioterna] 08/12/2015 10:30

…all the fear aside, BLT has still not announced a suspension of the dividend and Andrew Mckenzie isn't selling any shares. In fact he's acquiring. Billiton will still make more than enough profit to cover the dividend and management has clearly anticipated the decline in commodity prices. I expect to see AAL go bust and probably at least 100 mine closures next year. But none of those will belong to BLT. Restructuring and consolidation of the sector has been in the pipeline for a good 3 years, this is just the end game for the sector. Just don't go overboard and suggest it's the end of all mining ever. Chinese demand will still increase in the coming decade and BLT & RIO will be servicing that demand. Buy and hold for those ten years and you will definitely beat inflation with quite a margin.

[careful] 08/12/2015 09:44

you are reading the wrong page.
it has moved on from the obvious dividend suspension to talk of survival for the miners.
Some will not survive this.

With iron ore, oil, and other commodities collapsing, plus the dam problem, you must be crazy if you think that a dividend could be afforded.
only a madman would pay it.

look at AAL statement today.

[enturner] 08/12/2015 09:33

I'm out. Doubt about future divs and recovery of revenue going forward sealed it for me. Stopping the loss. May look again in '16. Best of luck to all. Merry Xmas.

[montyhedge] 08/12/2015 09:32

Dividend suspended at Anglo, those kidding themselves BHP will pay, must be in dreamland. J just can't see it.

[ny boy] 08/12/2015 09:09

Stopped out 735p doesn't look good as there was no bounce. Below the lows, best stay out to see how this plays out

[rickmay] 08/12/2015 08:59

SHARE PRICE..STILL TO HIGH. TARGET £2 to £3.

[deanroberthunt] 08/12/2015 08:57

that's the credit crunch low gone...

[rickmay] 08/12/2015 08:40

TARGET £2 to £3 it's coming FOLKS.Wait

[loganair] 08/12/2015 08:17

Although there have been numerous factors weighing on BHP’s share price in recent months, today’s heavy fall can be associated with the falls in the iron ore and oil prices overnight. Indeed, iron ore and oil are BHP Billiton’s two most important commodities and make up the bulk of the miner’s earnings.

Iron ore continued its rapid descent, falling another 2.4% to US$39.06 a tonne, according to The Metal Bulletin, while Brent oil and US crude oil fell 4.9% and 5.8%, respectively. This after the Organisation of Petroleum Exporting Countries, or OPEC, failed to ease the global supply glut.

The global supply of oil is thought to be around 2 million barrels per day higher than demand, creating enormous stockpiles of the resource. It was hoped that OPEC would cut supplies by introducing a new production ceiling but instead, the oil cartel refused to do so. Hence oil prices have fallen, taking the world’s energy producers down with them.

[ny boy] 08/12/2015 08:11

Bought a few of these 745p as approaching the lows. Doing some early shopping, toe in the water not put the farm on these yet but if the FED raises rates it will instil some buying confidence for possible growth next year and on that basis these could all be very cheap.

[ny boy] 08/12/2015 07:59

Anglo American has halved in value since October and lost 90% since 2011, must be destroying portfolios unless you use disciplined stop losses.

Divi cuts coming up, all these stocks face trap door situations.

[ny boy] 07/12/2015 18:16

These multi nationals will be a good buy when the bath water gets washed out, obviously these have additional probkens do are under attack from the Bears. 2016 should see some bargains.

Just having a wee crude long at 3755 with 30 pip stop.

[rickmay] 07/12/2015 18:03

Buying BLT at these levels £8,£7,£6,£5,£4,£3 is like jumping out of a plane with no parachute over Saudi Arabia drinking a can of Beer.

[montyhedge] 07/12/2015 17:04

Capitulation as not taken place yet.

[montyhedge] 07/12/2015 15:48

Agree best short in the market.

[montyhedge] 07/12/2015 15:46

P.e 32 seems high.