BHP 3.18% $44.74 bhp group limited

then v now

  1. 84 Posts.
    So it's the lowest price in 10 years... worth buying or not worth buying? accumulate or not to accumulate? BHP was worth X amount of dollars 10 years ago, they made dump truck loads worth of cash in the mining boom and their value is back at square one from 10 years ago before they dug up the black gold.

    IMO for the long term investor (minimum 2 years), BHP (or RIO) are easy investment decisions. If for some ridiculous reason we no longer need ore, copper, uranium, coal, aluminium, oil and gas, I'm confident BHP will branch out into whatever resource literally that they want and make handsome profits in the process which imo has frequently generously been returned to shareholders through their div policy. The world always needs some sort of resource so make no mistake, BHP will do whatever it takes to be very profitable.

    It MAY go lower, but it WILL go higher #accummulate
 
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