"UK equity income investors are enjoying a stellar year. According to Capita's third-quarter dividend report, UK companies are on track to pay out Â£94 billion to shareholders by the end of December, smashing the previous record of Â£88 billion ..."
Vedanta has posted very good results
Interesting article in FT says rumours are that Anil and SAs Public Investment -both large shareholders might look to break up anglo
Vedanta has strong foothold in southern africa
"Is it time to take Anglo American profits?LSE:AAL:Anglo American has been a star performer for us since last year. It has faithfully followed the rules and guidelines contained in the Elliott Wave Theory (one of the three pillars of my Tramline ..."
"The only thing that I really regret about the Student Investor Challenge 2017 was the team name that we chose: "The Underdogs Judd". I mean, seriously! Anything would have been better. There was Dwayne the Stock Johnson; Lock, Stock and Load; He ..."
I am sure that the return to paying a dividend has had / will have a marked effect on the SP. I think the ascent of the SP may have some way to go yet. I am hoping we can achieve the 1400 level soon, and then close in on the 1700 level.
"The mining sector (FTSE:NMX1770)Having discovered 92% of roadside crow deaths are caused by heavy lorries, I'm reminded that when we view one of the heavyweights in the @GB:NMX1770ining sector, we should view the sector itself in the hope of ..."
" ANGLO AMERICAN & THE MINING SECTOR (LSE:AAL & FTSE:NMX1770)Â Having discovered 92% of roadside crow deaths are caused by heavy lorries, it reminded that when we view one of the heavyweights in the mining sector, we should view the sector ..."
That and the fact that commodities tanked yesterday after the outcome of the Federal Reserve meeting was reported, so there's a double whammy here and I can see the sp quickly falling to support at £8 and possibly a lot lower.
"FTSE for Friday & mining sector againOur humourless comment "unless, of course, we've stumbled across the harbinger of gloom for an entire sector." regarding LSE:AAL:Anglo American returned to bite us on the bum. On Thursday 4th, the mining ..."
" ANGLO AMERICAN (LSE:AAL) and even BMR stuff. Sometimes, it's difficult finding ideas for our daily blurb, other times - like now - we find ourselves trying to restrain from writing a book. Tonight's problem started when we decided to directly ..."
"One of the golden rules of running a share portfolio is to know that stocks in different sectors do well at different times. Anyone watching the stockmarket over the past year will understand exactly why that is.After a long run of popularity, ..."
The idea is the issued note is a convertible acked by anglo shares so investors "sell short to hedge the convertible element" when they buy the note - the shares are bought by the company issuing the note - hence the theory is that it is market neutral ........not sure it will work in practice but there you go.
Volcan from Flash Gordon eh - smacks of the Enron naming SPVs after Star Wars characters .....
Nice article on copper in this weeks economist - says there will be copper shortages if the continued move to electric vehicles continues (they use 4 * the copper in present cars due to elec motor)....
Very good results PE 9.77 vs 14.16 BHP and 15.98 Rio.
Hard to compare given no div at anglo and different commodities
On ebitda less capex basis BHP and Rio more attractive
However if AAL does not pay a div and uses cash to further delever they will have a cap structure very similar to the others - using BHP and Rio multiples (ebitda and PE) and same EPS and Ebitda you would get a price of 2000p for AAL.
Let see if Dec 2017 AAL price is around £20 - happy to hold till then
" The @GB:UKX:FTSE 100 has just broken through its highest ever closing price, climbing 41 points to 7,109. Underpinned by the weak pound and a brighter future for the miners, the blue-chip index closed in on October's all-time high of 7,129. ..."
Young and old...long term holders and short term holders...rampers and derampers....investors and users...introverts and extroverts...brexitors and remainers...tories and socialists...left handers and right handers...men and women...gays and straights...mods and rockers....southerners and northerners...Leeds fans and normal fans.....movers and groovers...the walking dead and the soap fans....vegetarians and vegans.....meat eaters and cannibals....shopaholics and alcoholics...Peter Pan and Captain Hook...the man down the chippy that thinks he's Elvis and the hooker down Manningham Lane that thinks shes Marilyn Monroe..
...well I think that covers most..
Bantam....just all of you have a good one.
I am off today to have a some pints of American Saviour....well they need something after January 2017
"Rarely has a group of blue-chip stocks had a year like this. That's because it's rare that a major turn in the cycle coincides neatly with a new calendar year. In 2016, it did for the miners, and brave investors who backed the bombed-out sector ..."
Important message from the Financial Conduct Authority:
Posting inside information that is not public knowledge, or information that is false or misleading, may constitute market abuse.
This could lead to an unlimited fine and up to seven years in prison.
If you have any information, concerns or queries about market abuse, click here.
The content of the messages posted represents the opinions of the author, and does not represent the opinions of Interactive Investor Trading Limited or its affiliates and has not been approved or issued by Interactive Investor Trading Limited.
You should be aware that the other participants of the above discussion group are strangers to you and may make statements which may be misleading, deceptive or wrong.
Please remember that the value of investments or income from them may go down as well as up and that the past performance of an investment is not a guide to its performance in the future.
The discussion boards on this site are intended to be an information sharing forum and is not intended to address your particular requirements.
Whilst information provided on them can help with your investment research you need to consider carefully whether you should make (or refraining from making) investment or other decisions based on what you see without doing further research on investments you are interested in.
Participating in this forum cannot be a substitute for obtaining advice from an appropriate expert independent adviser who takes into account your circumstances and specific investment needs in selected investments that are appropriate for you.