Comments on: Trades – BHP Billiton (BBL) Purchase

By: Kapitalust

Kapitalust — Wed, 08 Jul 2015 20:07:51 +0000

Thinking of picking up more around this ~$36 range? Approaching a 7% dividend yield at these prices.

By: writing2reality

writing2reality — Sun, 23 Nov 2014 14:33:24 +0000

Thanks Integrator! Certainly the low cost of their operations are industry leading, and will allow them to survive any extended downturn in iron prices. Appreciate you stopping by!

By: Integrator@financiallyintegrated.com

Integrator@financiallyintegrated.com — Sat, 22 Nov 2014 23:13:53 +0000

Of all the mining majors, BHP /BBL is one of those I’d consider given its diverse portfolio of assets. I’m a little cautious about where iron ore pricing may end up, but if anyone should make out well it should be BHP/BBL and Rio Tinto given their low cost operations. Good luck with the purchase!

By: writing2reality

writing2reality — Wed, 19 Nov 2014 01:59:26 +0000

Awesome! Two great companies to own, and ones likely to reward you over the long-term.

Thanks for stopping by and sharing!

By: TwoInvesting

TwoInvesting — Wed, 19 Nov 2014 00:23:45 +0000

W2R, Just pulled the trigger today. Purchased both BBL and CAT. Happy to be a fellow shareholder with you!

By: writing2reality

writing2reality — Tue, 18 Nov 2014 16:52:51 +0000

Happy to capitalize when I can, but long-term it is all about putting capital to work in an efficient and rapid manner. If BBL is where you’d rather be, than switch!

Thanks for stopping by and best of luck.

By: Goosemann Jones

Goosemann Jones — Tue, 18 Nov 2014 07:23:00 +0000

Hi, W2R.
I’m a big fan of the purchase. Congrats for capitalizing on what appears to be short-term softness in a quality name. I’ve been riding VALE down the slope over the past three months or so and would much prefer to be in BBL. Happy Investing!

Goosemann Jones
Flight to Dividends Blog

By: writing2reality

writing2reality — Sun, 16 Nov 2014 23:57:52 +0000

I believe the new company will actually be an Australian listed company, which will have an impact on those who hold positions with brokers that don’t allow trading on foreign exchanges. If I cannot hold onto the shares of the new company, I will likely reinvest the money into BBL, however we will cross that bridge when the time comes.

Thanks for stopping by and I appreciate you reading.

By: Financial Independence UK

Financial Independence UK — Sun, 16 Nov 2014 22:42:55 +0000

Love the buy, I already own BHP Billiton, and added more recently at a 20% lower price (gives me an even better income). I also may look to add more if the remain at current levels or drop further.

I believe the new company will also be listed in UK, maybe they will also create ADR’s to allow you to hold the new stock.

Best Wishes
FI UK

By: writing2reality

writing2reality — Sun, 16 Nov 2014 16:45:00 +0000

Jason, glad to be a fellow owner of the same underlying assets! The cost of their mines is really unbelievable when comparing to competitors. I am very intrigued to see how the new company fairs, and am looking at it as almost a bonus to buying to “main” company. As you’ve suggested, once commodity prices rebound, it will be an interesting investment and one where some solid growth will hopefully be found.

Thanks for stopping by, glad to have you as a reader!