Invest4Profit.com.au
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Hi Steve
BHP will announce the first half
profit result tomorrow morning.
If the rumours are correct, it will
be down on last year.
It might be unchanged,
but it may be down by up to 7%.
It's very unlikely it will be up.
BHP is trading at 39.80 as I type.
That makes the 2008 PE 13 neat.
That assumes a result of $17.1bn
for the year, which may begin to
look very unlikely after tomorrow.
In my mind, that leaves no room
for disappointment tomorrow.
I will be watching for rising costs.
IF the news is bad, BHP will drop.
Based on a sensible risk / reward
assessment, BHP is best avoided
at prices near $40, as it now is.
Remember, share prices rise only
if earnings per share rise.
As I've just pointed out, it's likely
BHP will report tomorrow that it
has NOT grown EPS in H1 of 2008
invest for profit email to me today
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Last
$43.32 |
Change
0.890(2.10%) |
Mkt cap ! $219.6B | |||
| Open | High | Low | Value | Volume |
| $42.62 | $43.35 | $42.58 | $335.8M | 7.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13 | $43.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.33 | 1125 | 1 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |