When i hear brokers and fund-managers on tv talking about the deep value in bhp ,
and that bhp is cheap cause its below the gfc lows i cant help thinking,
Dont go full retard !!!.. looking at price only .. the strong recovery in commodities like we had
after the gfc is highly unlikely . There is just to much supply ..
Any study of long term commodity cycles booms n busts will se what i mean
prices tend to overshoot fall below lowest cost of production then go to just slightly above marginal cost then trade sideways
for years even decade .. just look at inflation adjusted historical charts ..
bhp forecasted earnings look set to fall even more forward pe ratios are so high ..
Going to a 50 % payout ratio is what is needed ..
When i hear brokers and fund-managers on tv talking about the...
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Last
$41.98 |
Change
-0.510(1.20%) |
Mkt cap ! $212.9B | |||
| Open | High | Low | Value | Volume |
| $41.51 | $41.98 | $41.45 | $377.1M | 9.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $41.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.99 | 1547 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |