The unlisted property sector, and three reasons to hold BHP

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Question: What is the justification for holding BHP shares? I have had these for quite a significant time and have lost money? Why should I continue to hold these?

Answer (by Paul Rickard): This is a really good question, particularly following yesterday’s BHP operational review. This foreshadowed production decreases in FY16 in four key commodities:

  1. Petroleum by 7%
  2. Copper by 12%
  3. Metallurgical Coal by 6%
  4. Energy Coal by 2%

Iron Ore is forecast to grow by 6%, with BHP’s share of production in FY 16 rising to 247m tonnes.

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