Member Info for driftking27

Found sales & debt projections for next 2yrs, amongst other things, dividends included

https://uk.marketscreener.com/quote/stock/BHP-GROUP-LIMITED-6492795/

Earnings in my view are going to continue to suffer over medium term.

EPS has suffered after hitting highs in 2021/22 in most energy stocks.

But with such a low base cost of average 1325p approx I’m not going anywhere.

RIO shows better prospects in my view.

This is far too diversified

Latest additions Iv made this yr have gone well with LMT & AIRBUS.

Gla

BHP cuts dividend, reports record production

Mining giant BHP today cut its final dividend by 18% to 60 US cents a share after reporting a 26% decline in annual underlying profit to $10.16 billion.

Revenue slipped 8% to $51.3 billion, primarily due to lower iron ore and coal prices in the year to 30 June.

Cuts again, 4th cut

Market likes it.

Up 4.6% after hours market

Missed estimates JUST…

https://www.mining.com/web/bhps-full-year-profit-plunges-26/

Finally, and by god are we so lucky!

Been here with 500 since Nov 2014 …

I sold in July after it high some merry highs, at 1915p.

Bought some airbus, great play there.

But hoping to revisit here hopefully lower on higher VIX, maybe next week

Back in April of 2020 Shell announced that it was cutting its dividend from $0.47 to $0.16 because of the "deterioration in the macroeconomic and commodity price outlook" due to COVID19. They said that they did this to "reduce our spending and position our businesses to compete in the current lower commodity price environment and uncertain demand outlook".

Well that was three years ago, the COVID19 crisis has faded and commodity pricing with regard to oil and gas has certainly rebounded from the panic levels of 2020. It's time to restore the pre-COVID19 dividend.

Forget buybacks and reduce the debt…is my shout at every company especially when rates are high..

Copper plummeting today after hitting highs recently

This is why we’re down this week.

Wait for it in last 5 days CU down 22%

https://www.barchart.com/futures/quotes/HGU25

Dividend cut again as expected

2024 interim was 177c

Pre market

Profits hit, buy buyback continues..

I’m still in from lows of 4.50 RI times

Still here since 2006. Topped up twice. Think I’m close to 1975 shares . 75% up I am.

GS is still my best dirty banker ..

MA & VERT still surprise me, CROWD could be my next one havin jumped on in 2023.

GLA

I’m looking for new trend to continue with the change of leadership at HSBC.

Doubt I’m selling.

After TTE results, BP will undoubtedly go backwards.

375-380p is my guess

The basket case of brokers have the complete opposite for dividend growth to decline and continue to decline until

2027 I’m afraid.

I side with all the broker views than an guy dressed in Armani

Sorry to burst your bubble

I’d also comment that Moscow could be possibly selling cheaper versions of the F35 to India I hear. After Canada cancelled there orders last month along with Portugal maybe BAR could capitalise on this?

Heavyweights RTX & LMT miss estimates today, both down 3 &8% in US pre market. Will be higher DOUBLE digit on open as they missed by big numbers.

Good luck with BA. I sold bought with profits in AIRBUS , and outperforming since 1911p sale in June.

GLA

Hi all, just a reminder about investing in this or BHP.

As I have stated since 2022, EPS & dividend will continue to decline for the next couple of years still all brought by cost to mine it, demand and whole other list of reasons..

Found another article today confirming this by a large basket of brokers on Tradingview

Like Rio Tinto’s share price, dividends over the near term are also tough to predict in the current climate. That said, City analysts believe that they’ll continue falling through to the end of next year along with profits. Earnings per share are tipped to fall 6% and 1% in 2025 and 2026.

For 2025, they predict a full-year payout of 362 US cents per share, down from 402 cents last year. Another drop to 352 cents is predicted for 2026.

I’m enjoying ride, but not selling neither as I have been here for nearly 16yrs … heavy BHP though

If BP disappear from FTSE ( which I doubt ) will be topping up here n BHP with profits from it

You could cross the pond and go with SPG, the own the high end malls in USA.

Pays a very good dividend which is covered too if 5.5%_6%

I’m with both