Bhp Share Discussion Threads

[waldron] 26/8/2022 10:28

Oz Minerals' Shareholders Back Rejection of BHP Takeover


Oz Minerals Ltd.'s chief executive Friday said shareholders have backed the copper-and-gold miner's decision to swiftly reject a takeover approach from BHP Group Ltd., the world's biggest miner by market value.

[anhar] 24/8/2022 11:23

WDS may pay an interim divi when its half year results are announced on 30 August. For those BHP investors who became entitled to, and retained, their WDS shares, the total divi receivable is the sum of the two holdings' payments, being the BHP final plus the WDS interim, assuming it pays out, and not just the BHP $1.75 divi alone. The same applies of course to all future divis from the two companies provided investors retain their WDS shares.

So if people want to compare the latest with previous divis, it's this combined payment which should be measured against earlier BHP divis.

[action] 22/8/2022 08:12

Sorry total $3.25

[action] 21/8/2022 11:01

Exd 01.09.22 . Divi $3.50.

[grupo guitarlumber] 18/8/2022 08:44

Dividends

-- On 1 June 2022, the merger of BHP's Petroleum business with Woodside was completed. BHP paid a fully franked in specie dividend and distributed Woodside shares to eligible BHP shareholders. The implied value of the in specie dividend was US$19.6 billion or US$3.86 per BHP share.

-- We will pay a final dividend of US$1.75 per share or US$8.9 billion, including an additional amount of US$3.0 billion above the minimum payout policy. This is equivalent to a 76 per cent payout ratio(ii) (2021: 92 per cent).

-- In total, record dividends of US$36.0 billion (US$7.11 per share) have been determined for the 2022 financial year, including the in specie dividend of US$19.6 billion (US$3.86 per share) and an additional amount of US$5.8 billion above the minimum payout policy.

[grupo guitarlumber] 18/8/2022 08:42

Outlook(vii)

Economic outlook

Population growth, the infrastructure required for decarbonisation and rising living standards are all expected to drive demand for steel, non-ferrous metals and fertilisers for decades.

In the near term, BHP's operating environment is expected to remain volatile. Growth momentum has slowed across many key regions, and caution remains due to geopolitical uncertainty as well as COVID-19. This is particularly evident in advanced economies, as central banks pursue anti-inflationary policy and Europe's energy crisis is an additional source of concern. China's economy is expected to improve as the 2023 financial year progresses. Infrastructure and the automotive sector are already responding to policy support, however a rebound in housing activity is expected to take somewhat longer.

Industry wide inflationary pressures continue to lift and steepen operating cost curves and extend timelines for project delivery. Many commodity-linked uncontrollable costs, such as diesel, increased to record highs in the 2022 financial year, and energy costs remain vulnerable to global geopolitical developments. The lag effect of inflation, as well as labour market tightness is expected to impact our cost base throughout the 2023 financial year. Exchange rates have adjusted rapidly against the evolving macroeconomic backdrop, with the pronounced US dollar strength providing a partial offset for local currency cost inflation in our major operating jurisdictions.

The net result of these many challenges is that the marginal cost of production is now estimated to be markedly higher than it was prior to the COVID-19 pandemic. This implies that price support is also expected to be higher than in previous cycles and low-cost operators stand to capture higher relative margins in certain commodities.

[action] 18/8/2022 08:29

Cnbc contributor says commodity including oil will go up 20% per year for next 10 years with up and down on the way. DYOR.

[j4ckthehat] 16/8/2022 13:19

https://investingnews.com/daily/resource-investing/energy-investing/uranium-investing/largest-uranium-companies/

[loganair] 16/8/2022 13:06

Susannah Streeter, a senior investment and markets analyst at Hargreaves Lansdown, said: 'Despite China's fragility, commodity giant BHP Billiton sees it as the more reliable source of revenue ahead, while other advanced economies face more of a struggle amid rising inflationary pressures.

'Weaker commodity prices, especially for industrial metals, remain a risk for the miner ahead especially given worries about China's property sector, although its strong cost control and low-cost operations should give it resilience amid the uncertainty.'

[davethehorse] 16/8/2022 09:52

The market seems to think so today, SOLG up 5%+, likely bid speculation (again). Great numbers by BHP, surely Cascabel is top of their most wanted list??

[davethehorse] 16/8/2022 08:54

Are they lining up a bid for SOLG with all that cash?

[loganair] 16/8/2022 08:28

The Board has determined to pay a final dividend of US$1.75 per share or US$8.9 billion, which includes an additional amount of US$0.60 per share (equivalent to US$3.0 billion) above the 50% minimum payout policy. Total cash dividends announced of US$3.25 per share, equivalent to a 77% payout ratio.

[action] 16/8/2022 08:20

My limit order to sale gone for 2344p. Higher than my limit. This will be going up.

[grupo] 16/8/2022 04:49

BHP Earnings Nearly Triple as Coal Prices Run Hot


World’s biggest miner warns central bank action risks slowdown in developed economies but China’s policies are supporting commodity prices.


BHP’s results reflected, among several factors, a surge in coal prices as buyers sought supply after Russia’s invasion of Ukraine disrupted trade flows

By Rhiannon Hoyle
Aug. 15, 2022 9:04 pm ET


ADELAIDE, Australia—BHP Group Ltd. said its annual profit nearly tripled as it benefited from the sale of its petroleum business and strong commodity prices, but it signaled an uncertain outlook as rising interest rates take their toll on developed economies.

BHP, the world’s biggest miner by market value, on Tuesday reported a net profit of $30.90 billion for its fiscal year through June, up from a profit of $11.30 billion in the same period a year earlier. The result included an exceptional gain of $7.1 billion, largely because of the merger of its petroleum business with Woodside Energy Group Ltd.

[The Wall Street Journal]

[podgyted] 14/8/2022 11:15

FWIW

Consensus full year dividend $3.44 per Stocko. Interim was $1.50 leaves $1.94 for the final.

That's a 7% final dividend if they're correct.

[zeppo] 13/8/2022 18:48

A divi boost as with the Interims would be most welcome!

[eggbaconandbubble] 13/8/2022 16:48

So,how much are we expecting - $2.5?

[zeppo] 13/8/2022 11:50

Excitement! Topping up on a T20 (or possibly losing on the T20?).


Whatever, last year the Ex date and the dividend payment date were soon after the Full Year announcement.

Hoping for a divi increase and to gain a few shares before I close the T20 by 5th September.

[podgyted] 13/8/2022 10:47

It is Tuesday - they've changed the date on the Financial Calendar since I last looked.

[zeppo] 13/8/2022 09:19

Tuesday not Monday from recent RNS.


'......................Summary of disclosures
BHP expects its financial results for the second half of the 2022 financial year to reflect certain items as summarised in the table below. The table does not provide a comprehensive list of all items impacting the period. The financial statements are the subject of ongoing work that will not be finalised until the release of BHP's financial results on 16 August 2022. Accordingly the information in the table below contains preliminary information that is subject to update and finalisation.................'

[action] 13/8/2022 08:42

Result on Monday.

[eggbaconandbubble] 08/8/2022 09:33

The first and/or golden rule of negotiation. - Reject the initial offer!

[zeppo] 08/8/2022 09:25

Full Year Results on 15th August.