Undervalued by a mile. Stock is hidden gem.
You notice that the big banks and brokerages are silent as hell. They know nothing in addition to being crooked. AAUKY is the best mining value available at this time - still they remain silent.
Citigroup has a Buy rating, target = $29 on the ADR's (AAUKY). In a report dated 12/13/2010, they project earnings as follows:2010 -- 1.922011 -- 2.532012 -- 2.72Yahoo "consensus" (1 analyst) says Anglo will earn $4.53 in 2011. I think there is some confusion here. Yahoo est must be for the London traded ordinary shares. Ratio of Adr:Ord is 2:1.So I think P/E forward is more like 10/1 than 5/1. A good value nonetheless, considering interests in copper, platinum, diamonds, coal, etc.
Agree Coal, Copper, etc,etc.......Some day this thing will explode!