Given the stock has been share price targets of around $35 from most borkers and is sitting well short of that and on a PE of around 11 I'd disagree that the market itself has priced in the sort of premium results suggested.
I agree these sort of expectations are out there but consensus expectation is of a result just over $10B not $13B.
Yes, expectation of $3B cash return is also there, failure to provide probably means not that they cannot return but have other uses (e.g. an acquisition) so failure to provide will not necessarily mean the market punishes, would depend on how interpreted. IMO there are still some fairly value priced mining co.s out there is you expect Asian demand to continue (as I do) and there to be a lag in developing new resources (as I also do).
- Forums
- ASX - By Stock
- had better deliver the goods
Given the stock has been share price targets of around $35 from...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BHP (ASX) to my watchlist
|
|||||
Last
$40.88 |
Change
0.630(1.57%) |
Mkt cap ! $207.3B |
Open | High | Low | Value | Volume |
$39.90 | $40.90 | $39.83 | $380.0M | 9.386M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5000 | $40.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$40.88 | 15880 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 535 | 43.300 |
8 | 3358 | 43.280 |
2 | 328 | 43.260 |
7 | 214269 | 43.000 |
1 | 41 | 42.990 |
Price($) | Vol. | No. |
---|---|---|
38.840 | 94 | 4 |
39.000 | 2360 | 14 |
39.660 | 1257 | 4 |
39.700 | 1333 | 1 |
39.770 | 682 | 1 |
Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |