First Aussie stock to hit $100?

[Ferret]

Who do you think will be the first aussie stock to hit $100 ?

9 months ago RIO was looking pretty good to win this prize. Since then it has stalled, but the big miners might just be coming into favour again.

PPT seems to be making slow and steady progress. Its in a growth industry and should get a push from the markets current strength.

MBL has come from behind these two during the last 6 months. It is the most growth oriented of these three and regularly comes up with a big deal to push the share price along.

My bet? I think it will be MBL, but not until the middle of 2008.

What do others think? Maybe there are some dark horses out there I haven't considered.

Ferret

 

[sam76]

Re: FIRST STOCK TO HIT $100

my money's on VSG

 

[BIG BWACULL]

Re: FIRST STOCK TO HIT $100

my money's on VSG

Only $99.987 to GO

 

[reece55]

My money would have to be on MBL..... However....

CSL has had a very good run and could be a dark horse.

Bar a takeover, can't see RIO getting to that level.

Cheers

 

[billhill]

I second CSL

 

[pacer]

SLA.....for sure....ramp ramp....

 

[nioka]

BHP could easily do it. They may decide to use their huge profit in a share buy back if investing in themselves is better than expansion.So could any of the big banks.

 

[mmmmining]

GOLD by mid July...

 

[Halba]

HMM the contenders are

RIO($76)

CSL $70ish

MBL $83ish

PPT $79.20

My bet: It'll be PPT, as funds mngmt is becoming a dot com

RIO is far too cyclical

MBL's last update was poor, but i'd have it as #2

CSL got too far ahead of itself and high p/e

 

[michael_selway]

HMM the contenders are

RIO($76)

CSL $70ish

MBL $83ish

PPT $79.20

My bet: It'll be PPT, as funds mngmt is becoming a dot com

RIO is far too cyclical

MBL's last update was poor, but i'd have it as #2

CSL got too far ahead of itself and high p/e

what would you say if there was a stock market crash, and those above all halved?

thx

MS

 

[Realist]

I'll say RIO.

It has the lowest PER and the lowest dividend yield of those that are close.

I still think it is undervalued.

 

[CanOz]

I'll say RIO.

It has the lowest PER and the lowest dividend yield of those that are close.

I still think it is undervalued.

Without jumping to the BHP thread Realist, how do you feel about thier current value?

 

[Realist]

Without jumping to the BHP thread Realist, how do you feel about thier current value?

BHP has a PER of 10.7. And its revenue is forecast to grow 27% over the next year.

A mining downturn is already built into the price. A fair PER is 16 to 20. They're nearly half that.

If a mining downturn hits they'll obviously ride it out, and profit by buying up other companies.

I think it is undervalued slightly. It is a long term hold I think.

I know you like the look of the chart...

 

[CanOz]

BHP has a PER of 10.7. And its revenue is forecast to grow 27% over the next year.

A mining downturn is already built into the price. A fair PER is 16 to 20. They're nearly half that.

If a mining downturn hits they'll obviously ride it out, and profit by buying up other companies.

I think it is undervalued slightly. It is a long term hold I think.

I know you like the look of the chart...

So given BHPs diverse exposure to resources, why could it not gobble up RIO or Anglo as has been tipped and then become the $100 stock?

Incidentally i wouldn't hold them if it wasn't for Nick's advice, and that recent GAP on the chart is a bit too wide for my liking, but i continue to hold and grin.

Cheers,

 

[chops_a_must]

CSL got too far ahead of itself and high p/e

I would pick CSL (but)....

It's earning potential is massive. The Gardasil vaccine will earn them billions, and is being approved in more countries every few weeks. If its bird flu vaccine looks the goods, it could do anything...

but... if it doesn't, the chart is looking rather toppy...

They do make up the largest part of long term portfolio though. Stable earnings that aren't likely to move much in a downturn.

 

[clowboy]

what would you say if there was a stock market crash, and those above all halved?

thx

MS

How bout......

"Time to break out the margin loan"

 

[michael_selway]

BHP has a PER of 10.7. And its revenue is forecast to grow 27% over the next year.

A mining downturn is already built into the price. A fair PER is 16 to 20. They're nearly half that.

If a mining downturn hits they'll obviously ride it out, and profit by buying up other companies.

I think it is undervalued slightly. It is a long term hold I think.

I know you like the look of the chart...

Nomore growth left, so fwd terminal of PE 10 is about right

BHP - Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS 225.4 285.5 299.6 284.0
DPS 48.4 53.0 56.6 60.5

RIO - Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS 689.3 774.5 765.0 697.7
DPS 131.4 151.0 159.3 164.0

thx

MS

 

[>Apocalypto<]

BHP could easily do it. They may decide to use their huge profit in a share buy back if investing in themselves is better than expansion.So could any of the big banks.

I do not agree sorry to say.

 

[>Apocalypto<]

From the way things are running,

If CSl keeps up the enthusiasm it could beat MBL to the prize.

But I am backing MBL

PPT is another to watch as it jumps out of no where! like dec 06 what a surprise!

I have not seen the same buying enthusiasm for the miners since the may correction but it could all change

 

[Realist]

How bout......

"Time to break out the margin loan"

Agreed!! :