Hey Yogi
How far into the future does your astroanalysis go for RIO? If it suddenly stops later on this year, I presume that would mean that BHP's takeover was successful?
Any clues?
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Hey Yogi
How far into the future does your astroanalysis go for RIO? If it suddenly stops later on this year, I presume that would mean that BHP's takeover was successful?
Any clues?
:)
Hi Huang Chung,
Companies may stop, but God's natural time cycles are endless ..... !~!
RIO ..... figure on some news on Monday 04022008, as 2 time cycles come together,
with one of them triggering a sustained move, from 01022008 -to- 14022008.
Normally, this aspect would be positive, however as Saturn is involved, any market
reaction may be flat, during this period ..... so, not really 100% clear, at that time.
However, later in the month, a minor cycle on 22022008 and a positive aspect
on 26022008 ..... :)
..... 2 positive cycles come out to play on 18-19032008, just before 2 negative
cycles on 21-24032008 and again, around 27032008.
happy days
paul
:)
=====
The plot thickens .. someone else takes a stake in the company, making the BHP bid a lot harder to suceed. http://www.thestandard.com.hk/news_d...=20080204&fc=1
Wow, not such as a good 1/2 year report.
That strong AUD is really kicking in, BHP back to $30?
Merely an outstanding half-year!
I'll be interested at $30. ;)
BHP up 5% today and now over $48, a new record high, after being in the low 30s earlier this year.
That was back in October last year - had a few ups and downs since but today showed that $50 is not just possible but achievable ..... so $60 is definitely on the cards ....... so $80-$100 should be the next target .... sometime in the next year I believe
Nothing has really changed in the fundamnetals recently .... the story is just as compelling ........ believe in the story and keep hold of BHP
Wow, nothing for over two years... this seems to be the newest BHP thread on ST...
Anyway, just wondering if anyone has a better explanation for why BHP is down 3.5% today than the news that a (previously unknown) takeover offer that they'd made for a potash company has been rejected? Presumably there is something more to this...?
saw this -might explain itSYDNEY Aug 17 (Reuters) - Australian Prime Minister Julia Gillard plans to bring in a 30 percent tax on profits at larger iron ore and coal mining firms from 2012 if she wins Saturday's election. Her opponent, Tony Abbott, has pledged to dump the tax. With the poll on a knife-edge, the mining sector faces huge uncertainty. Even if Gillard wins the Greens could end up as kingmakers in the senate and push for a stronger tax.
but could also be some aspect of disppointment for the offer being rejected. a reduction of growth possibilities or knowing that they'll have to pay more to acquire.
The independents are voting with BHP, RIO and AUD not liking what they're hearing.
Currently going on CNBC at the moment.
Labours got it UU Mining Tax here it comes
The watered down mining tax is supposed to be limited to Coal and Iron Ore (there is a seperate tax for some of the O&G developments).
But I read somewhere today that there is a supposedly an $8b black hole in the revenue estimates from the tax, so maybe, now Labor are back in, it might find its way to other ore types mined here.
I'm 99% invested in Pappilon Resources right now, so their west African focus should shield them nicely from any changes to the mining tax.
PS. Come July 2011, the Greens will be in control of the Senate, and those loonies want an even higher mining tax than Labor (as well as being anti-coal mining and even anti-CSG!!)
Am I dreaming or are they on a forward PE (based on the 31 December half year) of 7-8? This can't be right...can it?