Member Info for 1.ARMANI

BHP this week.....markets like sales of some assets, gives weight to valuations.

BHP, Mitsubishi Development seal sale of stake in coal joint venture

BHP Group Ltd said it and Mitsubishi Development Pty Ltd had completed the sale of the Blackwater and Daunia mines.

These mines are part of the BHP Mitsubishi Alliance metallurgical coal joint venture in Queensland. BHP and Mitsubishi Development each hold a 50% interest in the venture.

BHP announced back in October it had agreed to sell the Blackwater and Daunia mines to two wholly owned subsidiaries of Whitehaven Coal for USD4.1 billion in cash.

On Tuesday, the Melbourne, Australia-based resource miner said Whitehaven Coal had paid BHP Mitsubishi Alliance USD2.0 billion cash on completion date on Tuesday plus a preliminary adjustment of USD44.1 million for working capital and other agreed changes.

Whitehaven Coal paid a USD100 million deposit on signing of the asset sale agreement on October 18.

BHP said USD1.1 billion cash remains payable by Whitehaven Coal to the joint venture over three years after completion and a potential additional amount of up to USD900 million in a price-linked earnout may also be payable by Whitehaven Coal to the venture over three years.

he price-linked earnout is subject to a cap of USD350 million each year and depends on average realised pricing exceeding agreed thresholds for each of the three years following completion on April 2, 2024.

"The total cash consideration for the transaction will be up to USD4.1 billion plus the final completion adjustment amount," BHP said.

Some resistance @ 2110p before the next leg up.

HOLD for me for the longer game.

gla

Https://www.google.com/finance/quote/SX7P:INDEXSTOXX?comparison=LON%3ALLOY&window=5Y

STOXX 600 BANKS VERSE LLOYDS ON THE 5 YEAR CHART.

STOXX 600 BANKS + 31.35%

LLOYDS ( - 16.48%)

Lloyds is a barometer of Lloyds BOD who have proven to be spineless & now caving/ bending over to the latest FCA discretionary commission arrangements (DCAs)

Time for a new broom!

gla

MVarawa, just been reading your posts on Lloyd's bb over the past few days 😃 recommends from me!

I'm out of Lloyd's as it's joined with no 10/establishment.

226p sell sounds about right after ex divi.

gl with your trades.

ATB

Hoping to add a few more.

Buy order set 220p

gla

Good Morning 🌞

Happy Easter to a lonely cave 😀

Not much to report.

Invested in divi stocks

LGEN

PHNX

AV

MNG

RIO

BHP

AAL

TW

Others with crap divi but growth potential!!

BWY

PSN

DGE

Nothing much to report in Asia, rainy season coming to an end.

Tourism is mixed with so many bums on sand (digital nomads) with a laptop.

Have a wonderful Easter break!

ATB

Interim 16p dividend

2025 better days ahead :)

Forward PE 10 for 2025 estimated EPS*

Analysts have an average "Estimated forward Earnings per Share"

Year Ending Dec 2024 Revenue 5.891 Billion .. Estimated Forward EPS 48.41p Div 54.21p

Year Ending Dec 2025 Revenue 6.120 Billion .. Estimated Forward EPS 54.03p Div 56.12p

The UKX awards lowly PE multiples of forward PE 10

DYOR

Happy to drip add.....gla

Added on Friday 521.30p, 528.20p.

I'll continue to drip buy on any retracement.

My main holding has an average of 492p.

Awesome yield :)

DYOR

Phoenix reported that in 2023 its adjusted operating pretax profit rose to GBP617 million from GBP544 million a year earlier. Its pretax loss attributable to owners narrowed to GBP164 million from GBP3.51 billion. Phoenix's 2023 solvency II leverage ratio stood at 36% versus 34% a yer earlier. On the back of the results, the company said it will pay out a final dividend of 26.65p per share bringing the full year dividend to 52.65p, up from 50.8p. CEO Andy Briggs said: "Phoenix's vision is to be the UK's leading retirement savings and income business, and we are making great progress in delivering our strategy to achieve this, as our strong 2023 financial results demonstrate."

Happy to add

gla

UK average selling price on completion up 5.1% to 370K (2022 352K)

Overall average selling price up 3.5% to 324K (2022 313K)

Excellent 👌

Positioned for growth from 2025

Final divi 4.79p

gla

My sell didn't trigger 46.20p

A throw of the chicken bones or was it the 14 day RSI @ 70%

Another day to reset :)

gla

SUFCESSEX

A nice total divi for yourself

Enjoy 😊

Morning all.....a few positions in the Blue with set SELL 46.20p

Each to there own trading!!

gla

Paul2566

I understand where you're coming from as that's a decent RIO holding of one share!

I'm slowly top slicing certain shares which are more exposed to the UK economy and increasing global shares.

DGE, BHP, RIO, SHEL, BP to name a few.

China will step up the stimulus program second half 2024.... well that's what I believe & I'm relatively close to contacts as I live in Asia.

Be good to bag the divi and add more.

ATB

Added 5113p this morning.

Ex divi in a few weeks, and as usual buying the dips.

gla

CITI Bank negative on 2023 estimated EPS

I don't rate CITI,,,,they were almost a USA junk stock bank back in financial crisis.

Expert today 🤣🤣🤣

"Will this help push this woke company over the 440 mark....?"

Agree!

I've been selling positions with AV.

Sold 80pc with highest @ 439.30p & lowest set sell 427.30p

The CEO is a woke mouth piece & quite frankly she could seriously damage investment decisions.

gla