Its a shame you had to make these valuable points clear to people, but also like to add they hike / juice up target prices so clients buy in to the stock and gives confidence to them too, so they earn commission .. lol That is there job u ken lol But best tip i can give is invest 1/3 of your total outlay here and top up if it drops by 20% be it next month, December or next June. This way you average down and left with a big red mark.. haha
sorry, got to disagree with your comments. These are not like the words of Wisdom one would be shouting about a 10% dividend stock in general. More so when the world is going through extremely tough times.
Weren’t we all made aware if all sticks trading at hefty yields over 6% were .
If you ask any stock broker, these stocks trade with extreme risk, risk that could cut dividend yields, just like what happened with Shel & BP.
agree 100%, i’m seeing a head & shoulders pattern too .. 4731 finishes the head shoulder patter i see. could . On different note, but keep this in mind, We could see US feds raising rates again in July maybe by 25bps or even 50bps to bring inflation under control.
The US can handle rate rises, not sure UK can ?
P.S. I’m no doomsayer either, but truth can hurt when we talk about reality versus playing with money and wanting to make profits every year.
Only words of wisdom i have are DRIP FEED deposits in, not in one go, iv done just this since 2002/03.
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 )..
RE: BHP to close NSW’s largest coalmine21 Jun 2022 11:56
just looking on views on why BHP is underperforming RIO M’s SP at the minute?
Though RIO has outperformed BHP over the longer view in general? Like today RIO is up 2.4% and BHP up barely holding 0.50%. When coal prices are rocketing too at the minute, or is the bad news that BHP will be mothballing the coal mine and regenerating area of at a cost to them of $800m.
I hold both here, not sure which one to top up?? Views.
I have been here & Rio since Dec 2008, along with 25 other global stocks since 2002, so have seen highs n lows before.