We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Agree draftking. BHP has delivered some exceptional dividends over the past year. For now I would be happy with 6% and an annual growth of around 12% which it has delivered over the past 5 years.
I loaded up a month back which in hindsight wasn’t a great move as it is 15% down from there. But long term it sits with BATS and SHEL as a hopeful small income provided in 12 years.
After RIO’s results today it’s not about inflation, it’s about Growth.
Just keep remembering this: any dividend over 6% must be treated with caution. I have sayd this for years, but no one seems to listen until it comes back to haunt and a haircut happens. Rio’s 2nd divi has had just that of nearly 50% to payout
#China’s #IronOre surges more than 7%, other steelmaking commodities also rally:
https://twitter.com/YuanTalks/status/1551444882840948736
it’s not Australian shares on the ASX you bought. It’s shares listed on London Stock Exchange just like Santander is etc.
if you buy an ADR or Australian listed you pay the tax to country. i have loads of ADR’s and a few American stocks i pay 15% foreign dividend tax on them.
No, I asked the same question of Hargreaves Lansdown.
Does an Australian withholding tax apply for British shareholders of BHP?
https://pbs.twimg.com/media/FXmlPEWXoAM7kwM?format=jpg&name=medium
top up before trading statement due. getting my average down. could not reasist. a week to go & I'll know.
Looking at rebounds, i have seen evidence there could be such a rebound in coming weeks ahead.
Looks similar to 2018, but then again this year is like no other year we’ve had.
But watch and might see some possitive light happening…
GLA
The iron ore futures price rose by US$1.85 on Thursday or 1.6% to US$114.18 a tonne.
https://twitter.com/CommSec/status/1545142915659612160
some big dives this morning & then a Quick recovery. will follow over the near future. first wait & see. still had a look this morning & could not get a better price than yesterday for this one although the figures quoted on this sight say otherwise.
The bottom has a lot of depth. just hold your horses for a few weeks.
The VIX ( fear gauge )actually dropped today, weird if you ask me.
The VIX has to actually spike to see a bottom in this market. A market that has lost all meaning ..
GLA.
almost tempted again for another punt.
bought in @ £22.005. so alittle top up.
Happy Fridays everyone.
Some positive news to hide the red numbers today.
In Australian dollar terms, Commsec ( broker ) numbers suggest a dividend of $4.53 per share could be paid in FY22. That translates into a potential grossed-up dividend yield of 14.2%
Kept to my word, but 238 at close to end of business
RKT looks a good play too, been doing well in holding up on this turmoil
Might be worth dipping toes in for couple hundred more this afternoon. still sitting at 8-10% weighting on my portfolio.
what is everyone’s biggest holding in last year -10yrs?
Mine is OXY, MYI and Mastercard
I see DowJ fut ARE due a dip of 600pts at point of writing this.
gla
Iron ore futures price rose by US60 cents or 0.5% to US$130.28 a tonne yesterday after China eased its strict virus quarantine rules:
https://twitter.com/CommSec/status/1541886515034263552
Iron ore starting to move back up:
Iron ore futures up by US$1.15 or 0.9% to US$129.68 a tonne.
https://twitter.com/CommSec/status/1541527712862720000
oldgold,
Don't worry to much about the current negativity, you'll probably get that back with the next dividend.
The future is definitely with the miners and I don't think you'll go far wrong holding BHP.
I notice your other post re advice for an 18 year old.
Mine would be to start investing early, look for sound dividend paying companies, spread your risk over say 3 sectors and get them in an ISA, each year.
Then you can look forward to that early retirement!
The one bit of advise I would give anyone turning 18. Understand and appreciate the magic of compound interest.
But at that age we have other things to care about.
i’m thinking the same, thought i know in 20yrs time it could be £50!
the trick is to drip feed in, not all in one go ;-)
i’m only 40, so we have got many years ahead to add to average down if you need to
I loaded up last Thursday already 10% down. Bought them with a 12 year plan in mind to give me some extra funds if I opt for early retirement.
Though the way things are going that won’t happen. :)
banks at it again, GS raises AAL price from 4800p to 5100p, BUT
JPMorgan cuts BHP price target to 2,590 (2,640) pence - 'neutral'..
Sounds like this is all to do with the coal mine downgrading..
So, looking at where are, 2350p area, 27.4% drop roughly from its high. I’m tempted to buy more here rather than RIO.
8hrs 10mins until i decide. Any opinions..
I’m thinking about world contracting this yr and next yr then rebounding in 2024; or The mad hatter is brought to his knees and the oil price calms down end of year and gas supplies return to normal ( unlikely but heho anything is possible )..