SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?   |   
Investment Ideas Served Daily By People You Trust
SocialPicks is a community where stock investors exchange ideas and track performance of financial bloggers.
Top_member_photos
Get free stock picks and email alerts daily
 
Are you a stock guru?

7 pts

Opinion on  BHP Billiton Ltd (BHP)     Sector: Basic Materials  >  Industry: Metal Mining
The Asian Manufacturing Expansion Continues

Feb 20, 2008 05:33 AM UTC
Return Risk
+11.48% HIGH
Analyst

As the South Korean, Japanese and Chinese prepare for the next round of iron ore negotiations on the back of the recent 65% price increase as the next high-water mark, BHP Billiton stands to benefit considerably. Highly leveraged towards the iron ore and coal trades within the Asia-Europe and Intra-Asian market, BHP would be expected to register strong earnings growth over the next 6 months; further supply restraints and port congestions in the region notwithstanding.
As the third largest supplier of iron ore coupled with its close proximity to China and South Korea, I expect its highly leveraged high grade iron ore portfolio to gain some market traction as we move through the third wave of the Asian manufacturing secular trend amid a potential U.S. economic slowdown. 


BHP:  This call was made on 02/20/08 @ $70.6
Rating:   Positive   $70.6 (02/20/08)
Gain/Loss:   +1.98% in 191 days
Allocation:   100.0% of portfolio


Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment

Who voted on this idea?
Cimg1247
Colby Feller 33% 02/20/2008



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 akiralegrand 13.94 +17.53% 9
2 toxic 10.36 +20.16% 42
3 The Big Bear 9.67 +19.43% 159
4 Edward Gardere 9.58 +9.78% 11
5 C.W. Lee 9.56 +18.37% 16


POPULAR STOCKS
Symbol Company Name Sentiment
V Visa Inc
GS Goldman Sachs Group Inc The
C Citigroup Inc
ETFC E*Trade Financial Corp
WM Washington Mutual Inc
MSFT Microsoft Corp

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
BHP Billiton Ltd (BHP)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
82.5%
Top:
50.0%




Latest Picks by Mark Suarez
Symbol SP Sentiment Rating Return Since

View All >
   
Mark Suarez previously rated BHP
Positive +0.00% The Asian Manufacturing Expansion Continues
02/20/2008
0
Positive +0.00% Bullish on BHP ...
02/20/2008
0





IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch