Mexicools
2022-12-26

$BHP GROUP LTD(BHP.AU)$ 

BHP Group: Time To Pause The Optimism - Keep Calm & Continue Dripping

◈BHP is now trading with a minimal margin of safety, due to the extreme 31.15% rally from October's rock-bottom levels.

◈In the meantime, investors would be well advised to pause the loading up and only DRIP accordingly.

◈It would also be prudent to hear from the management in the upcoming H1'23 earnings call on 19 January 2023 - especially with the critical commentary on forward demand.

◈Considering that China accounted for 56.24 % of BHP's revenue in FY2022, Mr. Market is naturally hyped about the country's fast and furious reopening cadence.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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