Bhp Group (JSE: BHG) share price, discussion & sentiment

Come on, push through 690!

@sceptic_pieter yield only matters if the payout stays stable, ja? What happens if iron ore drops further.

@sceptic_pieter what's the dividend yield looking like at these levels though?

algos having a field day, 687 cracking like nothing. who's selling into this.

690.00 and bleeding. Tough day.

BHP at R705 is trading at a meaningful discount to peers like Anglo American when you look at the dividend yield and balance sheet strength, though the commodity exposure makes direct comparisons tricky. The real question is whether that gap reflects genuine value or if the marke

Picked up more BHP at 705 on the back of iron ore holding above $100 a tonne, reckon the dividend yield around 4.5% makes it worth the exposure to commodity risk.

Iron ore doing the heavy lifting though, copper's just window dressing.

Copper price holding up better than expected. That's where the real margin conversation happens for BHG these days.

ag man, bhg down to 688.07 and people are acting surprised. copper and iron ore both softening and the margins are getting squeezed. unless china comes back hard on capex, this thing feels more like a yield play than a growth story right now, which is fine if you need the dividend but let's be honest the upside looks thin.

BHP at 700 bucks is trading near its 52-week highs on the back of iron ore strength, but the real question is whether we've already priced in the China recovery narrative. The dividend yield sits around 5.5% and earnings have been solid, yet long-term I'm watching how aggressivel

@sceptic_pieter all-in costs look good on paper, but what's the actual realised margin per tonne right now versus glencore?

@sceptic_pieter fair point, but doesn't BHG's all-in cost per tonne give them the edge over Glencore here?

Copper exposure is the real story here, not the coal hand-wringing. BHG's escondida stake plus the broader copper upside as electrification ramps, that's worth paying attention to. Problem is the market's already pricing some of that in at 695. Where's the margin expansion that justifies holding versus glencore or impala?

@sceptic_pieter what support level are you watching, and does it hold if copper rolls over again?

BHG taking a knock today, down 4.1%. At current levels the dividend yield is starting to look interesting again, but I'd want to see some clarity on their cost pressures before adding. Might be worth a nibble if it breaks below support, otherwise I'm staying patient.

BHP down 4% to 669 cents feels like noise given the commodity backdrop, but I'm sitting tight until we get clarity on next earnings and whether that dividend holds up.

Look, at 669.03 you're paying what, 8.5x earnings on a cyclical miner. Iron ore's softer, copper's held but China's still dodgy. Where's the upside catalyst that justifies holding through the next commodity down-cycle, especially when Rio and Glencore offer similar exposure at cheaper multiples. The dividend's decent but that's not a reason to buy at the top of the range.

Copper exposure looking stretched at 669.03.

BHG's up 3.4% today, probably some retail optimism kicking in, but I'm not seeing anything fundamentally different about the business. The dividend yield is still reasonable at around 7.5%, though you've got to wonder if that's sustainable given the operational headwinds. I'll watch the next earnings release before getting excited about the move.