Monday, December 18, 2006

Time will tell

This entry will serve as a "I told you so" proof to a certain doubting Thomas.

It is my belief that if one were to purchase shares in BHP at the current price of $25.85 they will be up some 30% when BHP announces their end of year results.

Why do I have this view? BHP is down some 30% since they reported their record net earnings in the last financial year. Metal prices have since risen and oil is now slowly starting to track back upwards after trading over $70 US a barrel at its peak.

1 comment:

NEWMAN said...

well aren't you very clever