Australian (ASX) Stock Market Forum

BHP - BHP Group

Jump to new
Definitely poised for a rebound today, metals surged bigtime on the LME and BHP was up - up to 5% on the FTSE.
 
vishalt said:
Definitely poised for a rebound today, metals surged bigtime on the LME and BHP was up - up to 5% on the FTSE.
Click to expand...

Yeah but the Dow and NASDAQ were down 1.45% & 1.65% respectively. I wouldn't want to call todays trading. We'll know in 2 hours.
:confused:
 
Vishalt, everything u say about BHP is positive, even when it gets smashed. Theres way too much ramping in this thread now. It used to be good. :(
 
Yeah whoops I didn't see the Dow, I guess we're just gonna suck and follow the yanks down.

Great, British BHP gets to leap 5% while we go down yay!

I'm still positive on it though, I really wouldn't be surprised if it ended up at $32/$30, BHP is a long term trade for me.
 
potato said:
Vishalt, everything u say about BHP is positive, even when it gets smashed. Theres way too much ramping in this thread now. It used to be good. :(
Click to expand...

I'm not siding with anyone but his quote.....

"Well once again you have to remember that it doubled in price not too long ago, a very unsustainable run, so of course its gonna have some fall from grace. "

.....isn't super positive just realistic.

I think you have to remember that the fact that ANYONE is holding a share, means they have a positive outlook for the share. Unless they are shorting it which isn't the case for Vishalt.
 
poet Robert Frost: "Take care to sell your horse before he dies. The art of life is passing losses on."
This is particularly apt for shares. If you think you've got a dog of a stock, you have only two choices – keep it or sell it.
But when you sell it, you're not putting it out of circulation -- you're handing it to someone who wants to buy it.
Conversely, when you buy, you are taking over what someone else considers to be their dog.

of course the resistance to selling the blue chips is often to avoid cgt

the other option of course is to hedge

two fears come into play with BHP holders with the market retracing >10% now
1) what if it is no longer an assured growth stock - the divvy sux
2) whait a minute - it already is no longer an assured growth stock - oh no!
2007 2008 2009 2010
EPS 275.0 309.9 380.1 351.0
DPS 55.4 63.9 73.7 81.3
 
treefrog said:
poet Robert Frost: "Take care to sell your horse before he dies. The art of life is passing losses on."
This is particularly apt for shares. If you think you've got a dog of a stock, you have only two choices – keep it or sell it.
But when you sell it, you're not putting it out of circulation -- you're handing it to someone who wants to buy it.
Conversely, when you buy, you are taking over what someone else considers to be their dog.

of course the resistance to selling the blue chips is often to avoid cgt

the other option of course is to hedge

two fears come into play with BHP holders with the market retracing >10% now
1) what if it is no longer an assured growth stock - the divvy sux
2) whait a minute - it already is no longer an assured growth stock - oh no!
2007 2008 2009 2010
EPS 275.0 309.9 380.1 351.0
DPS 55.4 63.9 73.7 81.3
Click to expand...

TF, may I ask what sectors you hold in? So far, I've seen nothing but negative posts from you for everything :p:

That growth looks pretty good to me, just because 2010 sees a decline from 09 (in these projections), that is not in the slightest indicative of another such decline in 2011.

The argument of "the divvy sux" - very analytical, by the way. Represents the fact that they reinvest the money back into the company, which does assure sustained growth.

The way you phrase your arguments, of "sell sell sell", you just seem to be a bit of a stirrer? Yesterday you referred to the 3 stocks in my signature as the the very 3 dead weights keeping the market down (OXR made a gain - by the way ;))

----


Is BHP declining purely on a T/A standpoint? I can't imagine any actual reasoning other than that at the moment. Base metals are mostly up, gold is up, I guess there may be currency issues though.
~ & Of course, the fact that the DOW plummeted...but who the heck cares about that :banghead:

It does seem to be on a bit of a downtrend at the moment, I just hope support holds & we don't see too much further a fall into the 30s.
 
here are the SP "pause" levels using Fib. retrace taken from the top

values used: A 4767; B 3977; C 4433

the targets: 1) 3945 (yep, but refreshment stop only)
2) 3643
3) 3155
 
tronic72 said:
I think you have to remember that the fact that ANYONE is holding a share, means they have a positive outlook for the share. Unless they are shorting it which isn't the case for Vishalt.
Click to expand...
Errr I have BHP short too, covers my interests plus bonus $$, so there you're wrong! And BHP made an amazing rally today!
 
Nice to see BHP in the green again, good rally yeh. Still its come down nearly 20% since a few months ago, $47.70. But I'll wait a while before thinking of topping up :cool:
 
Nyden said:
TF, may I ask what sectors you hold in? So far, I've seen nothing but negative posts from you for everything :p:

That growth looks pretty good to me, just because 2010 sees a decline from 09 (in these projections), that is not in the slightest indicative of another such decline in 2011.

The argument of "the divvy sux" - very analytical, by the way. Represents the fact that they reinvest the money back into the company, which does assure sustained growth.

The way you phrase your arguments, of "sell sell sell", you just seem to be a bit of a stirrer? Yesterday you referred to the 3 stocks in my signature as the the very 3 dead weights keeping the market down (OXR made a gain - by the way ;))

----


Is BHP declining purely on a T/A standpoint? I can't imagine any actual reasoning other than that at the moment. Base metals are mostly up, gold is up, I guess there may be currency issues though.
~ & Of course, the fact that the DOW plummeted...but who the heck cares about that :banghead:

It does seem to be on a bit of a downtrend at the moment, I just hope support holds & we don't see too much further a fall into the 30s.
Click to expand...

We are obviously on different planets Nyden

when I look at the attached chart I see it going down whereas you see it going up (please don't tell me; 'but it is" by saying see the little squiggle at the bottom - that means it is going up)

I am negative atm because almost across the board the market is negative so that means I sell (short) stocks I don't have and buy them back later at a lower price

I work mostly on daily charts (my posts here refer to day charts unless I say otherwise) and that is short to medium term trades

If a share is going up, I am long, if it is going down and I can short it, I am short. I keep a close eye on "summary" fundamentals and charts before entering a trade

You keep posting that because zinc (or some other commodity) went up o'night you expect something like ZFX to go up - there are other fundaments at play that put pressure against this - like the continued forecast for zinc to go down another 30+% this year

short term events move the penny stocks quite a bit but not so the ocean liners (the established blues) with these the big holders are looking well ahead and that is why "analysts" look at growth and likely divvies years ahead to the extent they can

I like BHP and trade it both up and down as I do many other stocks on day and intraday trades

I hold a lot of "yellowchip" shares long (those making earnings but not yet paying divvies) for much longer periods though - up to 15 months, but always sell when their trendline fails

best advice I ever got in shares was to trade what IS there, not what you hope to be there

there is an awful lot of hope and hype on sites like this
 

Attachments

  • zinc jan08.doc
    24.5 KB · Views: 27
Nice.
Some technical stuff.
This looks like a nice low risk setup.
Stop around $36.65 Targets around $51-55 for wave 5 completion.

BHP1.gif
 
vishalt said:
Errr I have BHP short too, covers my interests plus bonus $$, so there you're wrong! And BHP made an amazing rally today!
Click to expand...

Um, exactly how old are you?

Vishalt: "so there you're wrong!"

What kind of comment is that?

For the record you've misunderstood me. I was actually siding with YOU!!! The point I was making, was you weren't ramping, just being realistic. Maybe you should read things a little better before you post.

:rolleyes:

PS. So much for BHPs rally. They got hit like everything else.
 
tronic72 said:
Um, exactly how old are you?

Vishalt: "so there you're wrong!"

What kind of comment is that?

For the record you've misunderstood me. I was actually siding with YOU!!! The point I was making, was you weren't ramping, just being realistic. Maybe you should read things a little better before you post.

:rolleyes:

PS. So much for BHPs rally. They got hit like everything else.
Click to expand...
Asking someone how old they are is a cliche, I think kids are more mature than adults half the time.

And yeah so much for that rally, thank god I had it short hey! It's like having protection because you don't want losses to become pregnant :D.

I think you have to remember that the fact that ANYONE is holding a share, means they have a positive outlook for the share. Unless they are shorting it which isn't the case for Vishalt.
Click to expand...
Pretty confusing statement there, I am holding a share AND I'm shorting it at the same time.

But yeah thanks for siding with me anyway, the internet communication can be confusing sometimes!
 
Opened through stop level so again patience as we watch what the market is doing at these levels.
Back on the watchlist----potential but no cigar---yet.
 
Tech/A how much chance according to fib analysis for it to go below 34 (upto august correction maybe...?)

Secondly..Will BHP put up a new or revised offer for RIO? I think highly unlikely, it might shy away citing the current scenario and uncertainties and maybe try again in 6 month time? Because even at 4:1 it is still lower than its previous offer ( $$ wise...) Currently it is around 3.6:1 so market has already taken into account the revised offer??

New here and trying to figure out this stock. Thanks
 
BHP down $1.70 RIO up $5 ish is something brewing tonight in London that we dont know about yet ?
RIO = 3.5 BHP shares maybe and a nice big buyback.
 
Lucky_Country said:
BHP down $1.70 RIO up $5 ish is something brewing tonight in London that we dont know about yet ?
RIO = 3.5 BHP shares maybe and a nice big buyback.
Click to expand...

Rumors that BHP will up the offer. If they don't; going to be a hard fall for RIO imo,

BHP has been hit harder than a lot of specs have been lately, very very strange. The money should be flooding into quality stocks, not out of them! :p:

BHP's future looks very bright in my opinion, what with their oil exposure.
 
Uncertainty killed the cat too.

How much will BHP pay? What about the integration risks? Will they walk away? How long will it take to realise the synergies? In time before China falls back to earth? Why is the sky blue?
 
Top