SaxoTV

BHP Billiton: a diamond in the mining sector?

185 views
September 26, 2014 australia, bhp, bhp billiton, bhp billiton mining, bhp billiton shares, bhp billiton stock, bhp shares, bhp stock, bhp-billiton, bhpbilliton, commodities, commodities gold, commodities markets, commodities prices, commodities supply, commodities trading, commodities”, commodity, commodity corner, commodity currencies, commodity currency, commodity gold, commodity index, commodity investing, commodity investments, commodity market, commodity markets, commodity outlook, commodity prices, commodity sector, commodity strategy, commodity trade, commodity trading, commoditymarket, fx, fx trading, gold, gold price, gold trade, iron, macro, markets, markets and risk, markets closed, markets missing, miners, mining, mining bhp, mining boom, mining companies, mining industry, mining sector, mining shares, mining stocks, oil, oil price, ore, saxo bank saxo tv, saxo bank trading floor, saxo tv, saxo tv saxo bank, saxo tv trading floor, saxo tv tradingfloor.com, saxotv, steel, steelmakers, tradingfloor.com
Despite many analysts taking a negative view of the mining sector, with over-supply and slowing growth in China the major factors, Morningstar Research picks out BHP Billiton as a stock with a positive future.  

Senior Morningstar analyst Mark Taylor says: "One of the beauties of BHP, in this latest China-driven investment boom is that it didn’t go overboard in investing in growth capital. So it has managed to maintain a fairly conservative balance sheet. It isn't now in a position where anyone commodity is too important to it and if that commodity does badly it's going to suffer. It's past peak capital expenditure program."