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BHP Billiton Limited Message Board

  • pocomotion pocomotion Aug 18, 2010 3:40 PM Flag

    Does Anyone On This Board Support This Deal?

    Trying to average in to have a lower cost average...

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    • BHP will soar to new highs in 6 months if you guys support the deal.

      bhp Blew the RTP deal, if they blow this deal its over for BHP..investors will pull out and go to vale and rtp

      this is BHP's chance to secure the future. otherwise, bhp goes the way of MSFT

    • Not me. Fortunately I wrote September 72.5 calls earlier this week.

      I think the hostile takeover will again throw BHP shares into a trading range - I was hoping for a break above $80, now it looks less likely.

      What's wrong with these Aussies?

    • I got back into BBL @ 59.5 yesterday. Since Kloppers was careful not to overpay for RTP last year, I trust him not to overpay now for POT. POT shareholders would be wise to grab the bird in the hand now or they will end up holding an empty bag like the Yahoo shareholders did with the Microsoft bid. If one waits for the deal to be confirmed, it will be too late to get BHP shares at the now bargain price of several dollars a share discount! Another variable to consider is the election in Australia this Saturday. If labor loses, BHP shares will jump sky high on Monday.

    • Nope...not above $150 in my opinion

      • 2 Replies to sandy_137
      • Yeah, I think that's the issue--the price.

        I think the acquisition would be fantastic for BHP as long as it's not overpaid for. I also really do wonder if the Canadian government will allow it to go through.

        I sold my POT yesterday at $140. Which of course made it painful to see it got to $148 today, but such is life. My strategy now is to look for one of the three following scenarios:

        1. BHP gets its way and buys POT at $130/share.
        2. BHP is told to pound sand.
        3. BHP ultimately gets POT for a higher price.

        In scenario 1, I think BHP becomes a terrific investment. The share price has been dropping, the key will be to grab shares before the price tears up. There's usually a window of opportunity though, because of temporary devaluation of the buying company. So I'll be looking to buy BHP quick in that scenario.

        In scenario 2, I think the share price of POT drops like a rock back to $120, maybe even to $100. I probably look to buy around $110-$115.

        Scenario 3's the tough one. I kick myself for missing out on better POT profits, and maybe I'm just not convinced that BHP is such a hot investment if they paid too much. Worst case scenario, I just look for someplace else to put my money.

      • Considering they have potash in various stages of study, it appears their objective is having more price control. Bringing more potash to market will suppress the price in the intermediate term.

 
BHP
46.01+0.51(+1.12%)Jan 26 4:05 PMEST

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