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Anglo American PLC. JSE:AGL

Anglo American shares

Background of Anglo

  • Founded with £1 million worth of capital in 1917, Anglo American is a global mining giant with head offices in Johannesburg, South Africa and London in the United Kingdom. Anglo is known as the world’s largest platinum producer, currently accounting for 40% of the world’s output, whilst it is also a major producer of diamonds, nickel, copper, iron ore and coal.

  • Anglo American shares are available to buy on the London Stock Exchange and the company is a constituent of the FTSE 100, whilst it also a part of the Johannesburg Stock Exchange (JSE) Top 40 Index. Anglo American share price has been weighed down by difficult trade conditions, but the stock is becoming a popular buy once more.

  • Anglo’s six core businesses include Kumba Iron Ore, Iron Ore Brazil, Coal, Base Metals, Platinum and Diamonds. The group also commands an 85% share of the De Beers Group. The asset portfolio today extends across southern Africa, Asia, Europe, South America, North America and Australia. Overall, Anglo employs more than 128 000 permanent staff and contractors worldwide.

Anglo Shares Growth Driver

  • Due to weakening economic conditions and commodity prices globally, Anglo American has been forced to reposition the company, holding assets in less important sectors for sale. The company will buy into its leading positions in the platinum, diamond and copper industries. These have been identified as assets which are long-life, competitive and well-positioned for organic growth.

  • In 2015, the group announced or completed the disposal of $2.1 billion worth of assets, and another $5 – $6 billion will be disposed of in 2016. Overall, asset number has decreased from 65 in 2013 to 45 today. Due to negative pressure in most of Anglo’s markets, underlying earnings decreased to $800 million in 2015, compared to $2.2 billion in 2014. Capital expenditure was reduced from $6 billion to $4 billion.

  • The company believes that its new, streamlined operating model will enable it to deliver positive cash flows by 2017 and reduce net debt to $ 6 billion in the medium term, to the benefit of Anglo American share price. This is in line with a forecast of a gradually strengthening economic environment, slightly stabilised commodity prices and better conditions for trade.

Anglo Group Investor Tip

  • After a steady decline on the live online stocks chart, Anglo American share price slumped to the lowest point in history at 226.7 cents at the beginning of 2016. Anglo
    American share price has however recovered, indicating strides made by the new cost-cutting initiatives and a more focused portfolio. The strategic plan has been implemented by a very capable management team who are capable of mitigating negative impacts by focusing on areas such as platinum, diamond and copper.

  • Shareholders cannot expect significant dividends or returns just yet, as the business grapples with the challenging environment in most of its markets. Financial performance is likely to continue being under par for the foreseeable future, making Anglo American shares a volatile purchase at present.

Anglo Major Shareholders

BlackRock, Deutsche Bank AG, Coronation Asset Management, Public Investment Corporation, Goldman Sachs.

  • Sector

    Materials

  • Industry

    Iron & Steel

  • Sub industry

    Steel Raw Material Suppliers

How to buy Anglo Group Shares

  • Anglo : How to buy Anglo Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Anglo Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Anglo Group and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Anglo Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in Anglo Group.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
  • Buy Shares with Confidence

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<a href="https://www.jseshares.com/anglo-american-shares">Credits: SA Shares™</a>
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