13/09/2024 09:23

BHP Group (BHP) $38.81

We quickly added BHP this morning because some subscribers were questioning why it opened down on Thursday. The answer is that it traded ex-dividend $1.10 fully franked. The stock effectively gained 58c yesterday, or +1.5%, and was strong in the US overnight.

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10/09/2024 09:33

BHP Group Ltd (BHP) $38.76

BHP enjoyed a bid ahead of its $0.74c fully franked dividend on Thursday, closing up 31c when iron ore declined; while not conclusive, it was still an encouraging session for the bulls. We can see the “Big Australian” consolidating around current levels just as it did after trading ex-dividend earlier in 2024.

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06/09/2024 17:03

Have you got a question for BHP CEO or CFO?

BHP’s CEO, Mike Henry and CFO, Vandita Pant, will be answering questions from shareholders about our business and performance via an online webcast. You're invited to tune in at 12pm on Tuesday 24 September 2024 (AEST) to the webcast on your mobile device or computer. To take part, register online and pre-submit any questions you'd like answered during the session.

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05/09/2024 09:37

BHP Group (BHP) $38.64

We have nothing new to write about BHP ahead of its $0.74c fully franked dividend next week. Last month's result was solid, with an underlying profit of $US13.66 billion, a small beat. All year we’ve trotted out sell BHP above $50 and buy below $40, we see no reason to deviate from this path as weak commodity prices drag the goliath miner into our buy zone.

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27/08/2024 10:00

BHP Group (BHP) $40.84

Results just out that look broadly inline/ slight beat on underlying profit.

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20/08/2024 09:54

Active Growth Portfolio – Amendments

We are tweaking the Active Growth Portfolio today

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20/08/2024 09:27

Evolution Mining (EVN) v BHP Group (BHP)

As mentioned earlier, the position of these two very differently focused miners was the catalyst for today’s report. There are two parts to this equation, both of which we have discussed at length over recent months:

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15/08/2024 09:17

BHP Group Ltd (BHP) $39.62

Importantly, BHP is the world's largest diversified resources company, with iron ore accounting for around 50% of its forecasted revenue in 2024. We all know from its recent failed tilt at Anglo American Plc (AAL LN) that moving forward, it's looking to bolster its Copper position, but for now, iron ore will have a significant influence on its share price.

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31/07/2024 09:28

BHP Group (BHP) $41.54

Yesterday, BHP announced a partnership with Canadian listed, $CAD11bn Lundin Mining, to acquire Filo Corp, which is the owner of the Filo del Sol Copper project on the border of Argentina & Chile. The deal is a bigger one proportionally for Lundin, with the 50:50 JV at a total consideration of CAD$4.1bn, with each party funding it differently (i.e Lundin is offering some shares while BHP is stumping in cash). BHP’s share is $A2.1bn, a small fraction of the $75bn Anglo deal it was trying to get over the line in April.

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09/07/2024 09:27

BHP Group Ltd (BHP) $43.48

BHP is the world's largest diversified resources company, with its key businesses being iron ore, base metals (Cu & Ni), coal (primarily metallurgical), and potash. Diversification can work for and against the “Big Australian,” with Cu a hot market at present while Ni is doing it tough as Indonesia depresses prices.

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