1 BHP share equals 1oz spot Silver

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The BHP dividend is a confidence trick since they moved to a policy of paying a "progressive dividend" instead of one based on true earnings.

Be VERY careful trusting those BHP execs....
 
Court Jester said:
its looking like a good buy atm if they keep a similar dividend to what they were paying. There P/E down to 14 and paying a $1.6 dividend it surely cant go that much lower.
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Forecast earnings for next 2 years is around 60-70c according to commsec.

That's a forward PE of 25.


Do you think they will still pay a dividend of $1.60 if they are only making 60c ?
 
trew said:
Court Jester said:
its looking like a good buy atm if they keep a similar dividend to what they were paying. There P/E down to 14 and paying a $1.6 dividend it surely cant go that much lower.
Click to expand...


Forecast earnings for next 2 years is around 60-70c according to commsec.

That's a forward PE of 25.


Do you think they will still pay a dividend of $1.60 if they are only making 60c ?
Click to expand...


maybe, companies have borrowrd $$$ before to maintain their dividend payout so its not unheard of.
 
100 BHP shares for less than the price of 1 once of Gold.

Just resurrected an old online trading accounting with Westpac.

Put in a few practice bids to get the feel for when I hit the buy button.

Had a bid in at $15.15 and it did get to that price, but I did hit cancel.

I want it to go even lower before I REALLY hit the buy button.

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Should have put in bear call spread, and wait for volatility to increase.

This will be up, down. Up, down.



boneyard said:
100 BHP shares for less than the price of 1 once of Gold.

Just resurrected an old online trading accounting with Westpac.

Put in a few practice bids to get the feel for when I hit the buy button.

Had a bid in at $15.15 and it did get to that price, but I did hit cancel.

I want it to go even lower before I REALLY hit the buy button.

http://i.imgur.com/dXCllqK.png
Click to expand...
 
Do you think that is already priced in or will we see hoards flee the big Australian if they stop a dividend or even severely cut it?
 
Court Jester said:
Ronnie 666 said:
Buy or bye bye - I think the latter.
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I dont think we will be seeing the end of BHP any time soon
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Don't count on that - bigger companies have gone bust or been taken over. I will prefer to watch from the sidelines.
But you are probably right if they fail it will be nationalised or broken up not just broken.
 
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