Collected Wisdom

This week we look at BHP Billiton, Downer EDI, Newcrest Mining, GWA Group and Bank of Queensland.

Summary: BHP Billiton represents a compelling opportunity for investors despite the dour forecast for iron ore prices, say newsletters. So does mining services contractor Downer EDI, which the investment press are tipping could announce an acquisition in the next few months. Elsewhere, newsletters say the operations of Newcrest are still too risky, GWA Group’s exit from Australian manufacturing is the right decision, and that Bank of Queensland continues to deliver on most of its targets though some uncertainty remains.

Key take-out: As a global leader in the production of iron ore, BHP is well placed to withstand the downturn in the market and, moreover, could emerge from it with a consolidated market share, newsletters say.


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