First Aussie stock to hit $100?

[Realist]

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?

Now's no time for big takeovers. IMHO.

BHP is no doubt planning to be around for the next 100 years and more.

Wait till the eventual correction, if not crash, then buy up when companies are going cheap!!

 

[Garpal Gumnut]

In order

RIO
PPT
CSL
BHP
MBL


I don't try to predict but they are my guesses.



Garpal

 

[noirua]

Poseidon rose above $100 in 1970 and infact reached $280 on 5th February 1970. So it's already been achieved.

 

[nomore4s]

Poseidon rose above $100 in 1970 and infact reached $280 on 5th February 1970. So it's already been achieved.

Noirua, who were they and what did they do and what happened to them?

Just out of curiosity

 

[Garpal Gumnut]

Poseidon rose above $100 in 1970 and infact reached $280 on 5th February 1970. So it's already been achieved.

A valid point Noirua.

Brings us back to reality and value, one of the reasons I put MBL low on my list. Too many hoorah henrys to make a company that will last.

Garpal

 

[doctorj]

Brief summary here.

 

[Freeballinginawetsuit]

The movie was a bit of a dud as well.

 

[Ferret]

Some interesting comments here. I have always thought MBL was a bit of a flash in the pan. In fact, been thinking that since they were around $20 and so never bought any. Not a smart decision in hindsight.

BHP hit $100 first? Never! Great company but even if commodity prices went into orbit, RIO would get there way ahead.

CSL is one I haven't had on the radar for a while. I'll keep it in mind when the next correction comes.

Ferret

 

[imajica]

CSL will hit $100 first for sure

not only do they have strong earnings but they are laying the foundations for growth with an attempt to develop products for the treatment of leukaemia, arthritis and asthma

strong earnings and expected growth = share price appreciation