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

BHP

Click for more information

1.48%

$42.68 bhp group limited

Yes but in that decade they've paid USD46.5bn cash in dividends.

First 99 Last

Share
Profile

Follow
R21

1,404 Posts.

196

15/01/16

17:23

Post #: 16805752
Share

Originally posted by experth ↑

What people seem to not understand is that in all of its large businesses, BHP has grown volumes significantly in the past 10 years. On a copper equivalent basis it is probably twice the size it was 12 years ago before the China driven boom started in earnest. Whilst prices in all commodities have come off significantly, they are just reverting to mean levels as supply and demand balance, not dissimilar in real terms to 12 years ago. All of that says to me in very simple terms that BHP's value should be at least double what it was then (which would put it over $20). The China story has a long way to run, particularly with the increasing internal consumption driven growth which provides further recovery upside. The current price is not supported by long term fundamentals.

Expand

Yes but in that decade they've paid USD46.5bn cash in dividends.

BHP Price at posting: $15.07 Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

Time for retail therapy buying in the shopping Scentre for hot stocks

End of FY is a time to juggle wins, losses and capital gains taxes

Eurozone-based companies find new ways to secure a regional lithium supply

There are more pages in this discussion • 1 more message in this thread...

First 99 Last

Add BHP (ASX) to my watchlist

(20min delay)
Last $42.68		Change -0.640(1.48%)		Mkt cap ! $216.9B

Open	High	Low	Value	Volume
$42.88	$42.94	$42.68	$65.40M	1.526M

Buyers (Bids)

No.	Vol.	Price($)
10	1733	$42.68

Sellers (Offers)

Price($)	Vol.	No.
$42.70	3231	11

View Market Depth

No.	Vol.	Price($)
6	414	42.690
17	5478	42.680
13	4727	42.670
12	8560	42.660
11	7186	42.650

Price($)	Vol.	No.
42.700	739	12
42.710	6374	15
42.720	7305	17
42.730	4962	10
42.740	5059	10

Last trade - 11.40am 26/06/2024 (20 minute delay)

BHP (ASX) Chart