BHP profit set to dazzle potential rivals in Potash bid
BHP Billiton may intimidate potential rivals to its $39 billion bid for Potash Corp with what is set to be a strong second-half result powered by fat cash flows this week.
The world's biggest miner will be able to brandish its firepower for Potash's bid on Wednesday when it is expected to report a 50 percent jump in June-half profit to $6.9 billion on a big rebound in iron ore, copper and coal prices.
"Clearly, it's going to be a very good result....The balance sheet is in excellent shape and the cash flow will be significant," said James Bruce, a portfolio manager at Perpetual Investments, which owns BHP shares.
While the result is expected to be impressive, shareholders nervous about BHP's attempt to buy the world's biggest fertilizer company want to hear more on why it wants to make a pricey acquisition in a new business for the group.
They still want to be persuaded that it makes more sense than using its cash pile to buy back shares and boost earnings per share instantly.. We take pride in our designs, quality, customer service, and Moncler our favors have on your customers and their guests.
"When you're paying $40 billion (cash), at a minimum -- they'll have to up that -- there's not a lot of room for error if it doesn't quite go your way," said Peter Chilton, an analyst at Constellation Capital Management, another BHP shareholder.
No one expects a deal to go ahead at $130 a share, and a Reuters poll of 11 global shareholders in Potash indicated an offer 25 percent higher at around $162 a share could win support for a takeover.
Rival Rio Tinto is weighing a bid with a Chinese partner for Potash, a Canadian newspaper said on Tuesday.. Better keep your eyes on a wholesale t shirt which are far cheaper than the retail ones. Normally, the ones purchased by you are the one which a Citing unnamed sources, Canada's Globe & Mail web site said Rio Tinto "is said to be considering a bid alongside a Chinese player as relations between the two sides strengthen."
BHP's low gearing and massive cash flows are key factors that have allowed it to line up $45 billion in debt funding for its bid,. Supply you peak jacket,polo outlet,canada goose,spyder ski with high quality an d service at bestparkas online shop.Free shipping, no hidden costs and analysts see those cash flows improving in the year ahead to as much as $40 billion.
BHP Billiton Chief Executive Marius Kloppers bragged about the group's strength a week ago after the group's approach Potash Corp was outed.". The silk pajamas will make your life more Comfort and more happly.
BHP Billiton may intimidate potential rivals to its $39 billion bid for Potash Corp with what is set to be a strong second-half result powered by fat cash flows this week.
The world's biggest miner will be able to brandish its firepower for Potash's bid on Wednesday when it is expected to report a 50 percent jump in June-half profit to $6.9 billion on a big rebound in iron ore, copper and coal prices.
"Clearly, it's going to be a very good result....The balance sheet is in excellent shape and the cash flow will be significant," said James Bruce, a portfolio manager at Perpetual Investments, which owns BHP shares.
While the result is expected to be impressive, shareholders nervous about BHP's attempt to buy the world's biggest fertilizer company want to hear more on why it wants to make a pricey acquisition in a new business for the group.
They still want to be persuaded that it makes more sense than using its cash pile to buy back shares and boost earnings per share instantly.. We take pride in our designs, quality, customer service, and Moncler our favors have on your customers and their guests.
"When you're paying $40 billion (cash), at a minimum -- they'll have to up that -- there's not a lot of room for error if it doesn't quite go your way," said Peter Chilton, an analyst at Constellation Capital Management, another BHP shareholder.
No one expects a deal to go ahead at $130 a share, and a Reuters poll of 11 global shareholders in Potash indicated an offer 25 percent higher at around $162 a share could win support for a takeover.
Rival Rio Tinto is weighing a bid with a Chinese partner for Potash, a Canadian newspaper said on Tuesday.. Better keep your eyes on a wholesale t shirt which are far cheaper than the retail ones. Normally, the ones purchased by you are the one which a Citing unnamed sources, Canada's Globe & Mail web site said Rio Tinto "is said to be considering a bid alongside a Chinese player as relations between the two sides strengthen."
BHP's low gearing and massive cash flows are key factors that have allowed it to line up $45 billion in debt funding for its bid,. Supply you peak jacket,polo outlet,canada goose,spyder ski with high quality an d service at bestparkas online shop.Free shipping, no hidden costs and analysts see those cash flows improving in the year ahead to as much as $40 billion.
BHP Billiton Chief Executive Marius Kloppers bragged about the group's strength a week ago after the group's approach Potash Corp was outed.". The silk pajamas will make your life more Comfort and more happly.
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