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

Springboks down at halftime, BHG needs a second half comeback

Read through the latest commodity outlook, copper and iron ore looking rough tbh

copper and iron ore are in trouble with china slowing down, but bhg's dividend yield still holding up around 6-7 percent. long-term view hasn't changed, just feels like we're waiting for the fed to cut rates before anything reprices. could be a while yet but ngl the rand weakness is helping the rand price a bit.

copper looking weak globally, bhg gonna feel it. iron ore holding better but that's not enough to carry the whole thing at R689.00. rio and glencore already pricing this in imo.

pulled the latest results, balance sheet still solid here

Stop loss raid. R730 wall just vanished. Weak hands getting shaken.

bounce incoming, mark it

R724.80 and holding, bids looking good

copper cycle is brutal right now but bhg's balance sheet still holds weight compared to glencore, they're not overleveraged. dividend got cut before so yield trap is fair call, but if you're looking 18 months out when fed starts easing, risk reward is very compelling at these levels. patience looks like a real good idea here.

look at the dividend though, been gobbling them up below 730. copper's in the bin but bhg's got iron ore and the aussie ops still printing, not selling at these prices when the yield's sitting like that.

copper price holding up better than coal right now imo, and bhp's got real leverage to that. their escondida operation is tier one globally, fwiw. worth noting the dividend yield's still decent even at r724 but you're taking execution risk on the capex side. could be wrong but if china stimulus doesn't materialise next year the whole complex gets messy.

Morning guys, looks like another tough one for BHG

Good Morning Everyone, BHG holding R724.80

@franco_cape heavy compared to what though, copper spot or the dividend yield

bhg got hammered on the commodity cycle again, closed at r724.80 and thats still elevated imo given where copper and iron ore are heading. the dividend yield looks juicy but youre catching a falling knife if the fed keeps rates sticky. glencore and rio both taking it on the chin so bhg isnt alone but the aussie hedging helps them a bit

Morning guys, BHG looking heavy

BHP at R724.80 is where the real discipline comes in. Iron ore and copper exposure gives you commodity upside without being a one-trick pony like some of the single-asset plays, and their dividend track record puts Rio Tinto to shame when you look at the cash returns over a full cycle. The rand weakness actually helps when you're holding something priced in USD fundamentals. Positioned perfectly for when the macro finally clicks.

BHG sitting at R724.80 after that copper weakness but balance sheet is still solid, dividend yield holding up nicely. Iron ore volumes remain the real driver here, catalysts moving forward on the cost side. Risk reward is very compelling at these levels if you've got patience.

Copper exposure looking solid at these levels imo

bhp sitting at r724.80 close, copper and iron ore exposure still solid but coal headwinds are real ngl. aussie miners holding better than expected given rand weakness, imo this thing bounces once commodities find a floor again, just need patience