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Anglo American Results

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idpickering
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Anglo American Results

#118992

Postby idpickering » February 19th, 2018, 7:08 am

Including this bit;

•Reintroduction of cash dividend of R0.9 billion or R3.49 per share for H2 2017


Full item here;

http://www.angloamericanplatinum.com/in ... entre.aspx

Gengulphus
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Re: Anglo American Results

#119449

Postby Gengulphus » February 21st, 2018, 11:21 am

Misleadingly titled thread, I'm afraid - they're the results of Anglo American Platinum Limited, a subsidiary of Anglo American plc that appears to make up very roughly 20% of its value (as of its 2016 annual report, the most recent one currently available). So a significant part of the company that HYP1, CHYP1 and very probably some other people's HYPs are invested in, but nowhere near all of it.

It's a 78%-owned subsidiary (also as of Anglo American's 2016 annual report, and the fact that its results were announced on the Johannesburg Stock Exchange (according to Anglo American's response) presumably indicates that some or all of the remaining 22% is publicly traded there - hence why its results are published.

Gengulphus

idpickering
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Re: Anglo American Results

#119473

Postby idpickering » February 21st, 2018, 12:49 pm

Gengulphus wrote:Misleadingly titled thread, I'm afraid - they're the results of Anglo American Platinum Limited, a subsidiary of Anglo American plc that appears to make up very roughly 20% of its value (as of its 2016 annual report, the most recent one currently available). So a significant part of the company that HYP1, CHYP1 and very probably some other people's HYPs are invested in, but nowhere near all of it.

It's a 78%-owned subsidiary (also as of Anglo American's 2016 annual report, and the fact that its results were announced on the Johannesburg Stock Exchange (according to Anglo American's response) presumably indicates that some or all of the remaining 22% is publicly traded there - hence why its results are published.

Gengulphus


Fair enough Gengulphus. Thank you for your input.

Ian.


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