Australia's largest stock trading and investment forum Australia's #1 stock forum

BHP

Click for more information

2.16%

$42.06 bhp group limited

BHP $100 Target !, page-19

First 19 Last

Share
Profile

Follow
Gindaldan

5,314 Posts.

1071

27/02/24

19:04

Post #: 72627622
Share

Originally posted by frogbat: ↑

much hinges on China.. will it simulate the property sector? or is it too far gone?

I read this morning Vale is looking for alternative IO markets outside China.

but aside from China and taking a step back, the market i think is fairly priced (Europe the u.s. and oz). yes it could go further of course (but no-one can effectively predict the market).

So, i think there is every possibility of a retrace and if that happens it will represent fantastic buying opp for miners. let alone the $1 drop coming on ex div date for BHP

IO also continues to pull back.

i note today, bhp down .5% Rio and fmg down 1%... an aborition perhaps but it all points to BHP approaching fair value (of sorts)?

as always precise entry and exit is ridiculous to achieve. so believe in the company fundamentals, have divs as a back up plan and jump in when you think its about right.. leaving some in reserve in case further pull back occurs

$44 good guy
<$43 great buy
$40 amazing
<$40 well that would present a rare opportunity for a long term hold

but hey, all this is my opinion and we all have different strategies and preferred outcomes

good luck all
p.s. at current price 5% ff div is great for me

Expand

those buy points pretty much spot on with my analysis

BHP Price at posting: $44.04 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

What's causing the cost-of-living crisis, and how to navigate it

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

There are more pages in this discussion • 257 more messages in this thread...

First 19 Last

Add BHP (ASX) to my watchlist

(20min delay)
Last $42.06		Change -0.930(2.16%)		Mkt cap ! $213.4B

Open	High	Low	Value	Volume
$42.33	$42.50	$41.94	$609.8M	14.57M

Buyers (Bids)

No.	Vol.	Price($)
3	5770	$42.05

Sellers (Offers)

Price($)	Vol.	No.
$42.11	2807	1

View Market Depth

No.	Vol.	Price($)
1	50	42.050
1	3318	42.020
1	4	42.010
15	8386	42.000
2	43	41.990

Price($)	Vol.	No.
42.180	1000	1
42.200	300	1
42.250	1866	2
42.390	2000	1
42.400	2000	2

Last trade - 16.10pm 18/10/2024 (20 minute delay)

BHP (ASX) Chart