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Gold/Mining/Energy : BHP -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Haegin who wrote (21)12/2/1997 10:06:00 PM
From: Aurum  Read Replies (2) | Respond to of 87
 
Thomas, the Australian equivalent of the WSJ is the Australian Financial Review. The URL for this and some other useful newspapers and journals is: fairfax.com.au

Regarding BHP, I really don't know short term. The market often goes to sleep over Xmas. However, I think BHP are probably good long term. Personally I would look at long dated Call Options in BHP.

While there are some problems with BHP I doubt if there is a major company in the world that doesn't have some problems.

Regards to all, Aurum



To: Thomas Haegin who wrote (21)12/2/1997 10:49:00 PM
From: Aurum  Read Replies (1) | Respond to of 87
 
Thomas, I had a look at BHP's ASX (Australian Stock Exchange) releases and I have appended them below. As you can see BHP puts out a lot of information - they even have a weekly "Drilling Report" (mainly oil wells). This list is from Ozemail "Stock Watch".

I found an article by a well known stockbroker - investor, Rene Rivkin, who states " - this company is a litany of errors. A time will come when one should buy these shares, but that time is not now - it will be an under performer for some time yet."

My worry with BHP is it's exposure to Asia. Also, many of it's exports are to Asian markets.

02-Dec-1997 14:06:48 : Queensland Premier officially opens Crinum Mine
02-Dec-1997 17:16:59 : Section 235 Notice - Director's Interests
01-Dec-1997 12:11:48 : MBL's Endowment Warrants
01-Dec-1997 12:34:05 : BST Warrant Cancellations
01-Dec-1997 15:12:15 : Appointment of Group General Manager BHP Pet. finance/admin.
28-Nov-1997 16:21:16 : Macquarie Bank's Warrant Report
28-Nov-1997 15:11:21 : Section 235 Notice - Director's Interests x 4
28-Nov-1997 11:52:12 : BHP to rationalise Singapore Steel Operations
28-Nov-1997 15:19:12 : Section 235 Notice - Director's Interests x 2
28-Nov-1997 16:52:05 : Section 235 Notice - Director's Interests
27-Nov-1997 15:20:08 : Weekly Drilling Report
26-Nov-1997 15:13:20 : Acquires Further Acreage Interest in West Africa
26-Nov-1997 17:51:34 : Investor Relations Bulletin
24-Nov-1997 13:41:26 : News Release - Port Kembla Power Fault
24-Nov-1997 16:49:56 : News release - update on Port Kembla steelworks
13-Nov-1997 16:32:59 : AGL's media release re: Cannington Lateral Pipeline
13-Nov-1997 14:36:45 : Weekly Drilling Report
13-Nov-1997 17:04:07 : News Release re Foster's Shares
13-Nov-1997 16:13:47 : News Release re Griffin Venture Repairs
13-Nov-1997 12:34:33 : Macmin's ann re Cradle Mountain JV Papua New Guinea
12-Nov-1997 10:24:30 : BT Instalment Warrants - Extension of Offer Period
11-Nov-1997 14:11:09 : News release re Griffin venture safe & secure
11-Nov-1997 11:14:19 : Brandrill Ltd's News Release re Blast Subcontract at Whyalla
11-Nov-1997 14:37:14 : WPL's Progress Report on various wells
10-Nov-1997 15:04:36 : MBL's Instalment Notice
10-Nov-1997 12:48:42 : News Release - Incident on Griffin Venture
10-Nov-1997 15:31:42 : HRW's News Release - To Mine at Whyalla
10-Nov-1997 18:07:28 : News Release - Griffin Venture Incident
10-Nov-1997 16:16:30 : Company Resignation
06-Nov-1997 15:18:16 : Weekly Drilling Report
06-Nov-1997 16:11:15 : News Release - Approval of Kakatua North Development
06-Nov-1997 13:44:08 : Wesfarmers New Release re ammonium nitrate project
06-Nov-1997 12:14:28 : STO's News Release - Approval of Kakatua North Development
06-Nov-1997 16:51:43 : Section 235 Notice - Director's Interests
05-Nov-1997 15:41:06 : OSH's Progress Report on Moran 3X
05-Nov-1997 18:09:03 : Ramsgate's ann re Argentina
04-Nov-1997 13:18:27 : WPL's Progress Report on Vidalia 1 & Sunset 1