To The Moon

BHP (Part 2): 🗣Analysts’ Views & My Investing Experience with BHP🧐🥳 $BHP GROUP LTD(BHP.AU)$

🗣ANALYSTS’ VIEWS:

⭐️ More analysts surveyed by Wall Street Journal rated BHP as a Buy-10 than Sell-2. 13 analysts rated as Hold.

⭐️ Target price of AUD 48.38-72.96 (see photo).

⭐️ Morgans was impressed with BHP’s performance in FY 2022, especially its strong free cash flow generation, & justifies its decision to choose BHP over rival Rio Tinto Limited (ASX: RIO). It also remains positive on its outlook & feels it has a stronger growth profile.

🤩😍 My experience with BHP has been FABULOUS‼️

(1) I bought BHP in April to get the free Woodside shares & sold them at 100% profit🥳

(2) Iron ore prices have been bad due to China lock-down & I wasn’t expecting a 👍 FY 2022 earnings after RIO reported & halved their dividends, but BHP SURPRISED me🤣

⭐️ This gives me the confidence that BHP’s management is great & it’s a company that can weather bad times. As a low-medium risk investor & still wary of a possible recession, I just doubled my BHP holdings this week because their 52W high is 53.72😉

(3) It’s the Top Blue Chip company in the ASX & it’s trading at a very fair price of AUD 41.55 (to me) given its high dividend yield🤩 RIO, the 2nd largest mining company in the 🌎 is trading at AUD 98.53 (close of 19/8).

(4) BHP is forward looking & reactive to a changing 🌎 with clear directions & discipline.

➡️ Just last week (7 Aug), they made a fair offer to takeover Oz Minerals to expand their copper & nickel assets. However, OZL rejected the offer in an attempt to seek a higher price. BHP’s boss Mike Henry has signalled that they will not waste its bait to catch the fish, & responded, “We will absolutely remain disciplined, just because we know how important it is to ensure that we’re remaining disciplined from a capital allocation perspective”.

⭐️ This gives me confidence that BHP will continue to have a healthy balance sheet💪💪💪 & is able to transit smoothly in this energy revolution🥳🥳🥳

My posts are for knowledge sharing purposes (not investment advice), so please DYODD on top of reading my posts & never invest money you can’t afford to lose🤓

As usual-🤔💭 Consider POV & Actions of investors + 👩🏻‍💻👨🏻‍💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰

Source websites: Morgans, & Wall Street Journal, & The Market Herald. 

@Daily_Discussion(19/8) @TigerStars@CaptainTiger@MillionaireTiger@ASX_Stars@Tiger_AU@SGX_Stars