BHP 1.74% $44.58 bhp group limited

how low can BHP go?, page-20

  1. 10,432 Posts.
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    When the chinese let there stock market trade without HUGE manipulation , and selling begins again, causing a crash, I think BHP will drop to $18-$20 range myself, ive been planning for this for yrs to be honest, BHP is the one stock im 110% confident of going "ALL IN" on when it looks cheap, at the moment I think its still slightly over valued, all the fall in OIL prices and IO prices hasent fully been priced into the stock price, if BHP gives a profit warning or downgrade, that should help the stock move closer to the $20 range, also I think BHP will also have to cut their divvy at some stage even by 20% or so to conserve working capital in there tough times.
 
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