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Matt Cilderman  

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  • Why I Chose BHP Billiton Over Vale [View article]
    Paul,

    I has been a while since i wrote this article. when i went back to it i realized. The reason i am talking about no withholding is because the article is comparing bbl to Vale, which has a withholding even in an IRA.

    does that clear it up?
    Matt
    May 23, 2012. 05:55 AM | Likes Like |Link to Comment
  • Why I Chose BHP Billiton Over Vale [View article]
    Paul,

    Thanks for stopping by. I was referring to US income/ capital gains taxes. Am i wrong?
    May 21, 2012. 06:33 AM | Likes Like |Link to Comment
  • Why I Chose BHP Billiton Over Vale [View article]
    Another good article on why BBL is a better choice than VALE!

    http://bit.ly/wRn4Qa
    Mar 10, 2012. 06:37 AM | Likes Like |Link to Comment
  • Why I Chose BHP Billiton Over Vale [View article]
    Wimryan,

    Wow. I never knew how good i had it. While i have you, do you have any thoughts on ITUB? I bought some during 2008 and still hold...expected better returns. What is the insiders view?

    thanks,
    Matt
    Mar 5, 2012. 07:21 PM | Likes Like |Link to Comment
  • Why I Chose BHP Billiton Over Vale [View article]
    Jedku,

    I should try and do some more research on the subject and maybe write another article on BBL if i have the time.

    Thanks for your part in the conversation.

    Matt
    Mar 3, 2012. 03:01 PM | Likes Like |Link to Comment
  • Why I Chose BHP Billiton Over Vale [View article]
    Wimryan,

    What you said about currency got me thinking. Do you invest any of your client's money in US companies? I am just thinking along the lines of the dollar continuing to get weaker.

    Matt
    Mar 3, 2012. 02:59 PM | Likes Like |Link to Comment
  • Why I Chose BHP Billiton Over Vale [View article]
    Jedku,

    Some interesting insight.

    BHP ( the ticker) may also benefit from notoriety compared to BBL. Additionally, if some of the gains are really due to currency appreciation, maybe some commodity bulls see it as a way to "supercharge" their returns with added appreciation of a commodity currency.

    thanks for sharing,
    Matt
    Mar 2, 2012. 02:22 PM | Likes Like |Link to Comment
  • Why I Chose BHP Billiton Over Vale [View article]
    Wimryan,

    Completely agree with what you said regarding due diligence as it relates to currency risk...I'd also add taxes to that.

    Matt
    Mar 2, 2012. 02:16 PM | Likes Like |Link to Comment
  • Why I Chose BHP Billiton Over Vale [View article]
    Ben Gee,

    Sorry i missed your comment earlier. Thanks for the post. Let's hope it is as you say; i just bought some more BBL.

    Matt
    Feb 19, 2012. 09:32 PM | Likes Like |Link to Comment
  • Why I Chose BHP Billiton Over Vale [View article]
    Wimryan,

    I must have misunderstood your comment that I quoted; my intent was not to take it out of context.

    In regards to time horizon: I was speaking about a 3-5 year period. Perhaps this is where we differ, and I see BBL as a better play for that time period. I probably should have mentioned that in the article.

    Matt
    Feb 6, 2012. 02:20 PM | Likes Like |Link to Comment
  • Why I Chose BHP Billiton Over Vale [View article]
    Alrightalready:

    It is apparent that you did not carefully read the article or my response to Wimryan (below his).

    In the article I did not say that Vale owned the ships. In my comment I agree that Vale did not own the ships.

    Although, I really like what my source has to say on the subject:
    http://on.ft.com/yUcZAB

    “When it comes to Vale Beijing, at least, Vale has tried to distance itself from the whole mess. Of the 35 megaships, it is one of the 16 that was not actually owned by them, but instead on long-term lease from South Korea’s STX Pan Ocean.
    In Vale’s most recent statement, it’s clear who they would really like us to be pointing the finger at:
    “Vale announces that the vessel owned and operated by the Korean company STX Pan Ocean was removed from Pier I at Ponta da Madeira Maritime terminal and towed to an anchorage area, defined by the Brazilian Navy and other competent authorities. In this area, STX Pan Ocean will be able to safely continue to work and analyze the damages and necessary repairs of the vessel that was designed and built by STX Pan Ocean. Vale will keep following the actions to be taken by STX Pan Ocean.”

    But there is no getting away from the fact that Vale’s name is still plastered in big letters across the sinking hull. Amid all the problems with the Chinese, this affair is likely to give Vale’s new chief executive, Murilo Ferreira, yet another excuse to sell the remaining megaships and steer the company in a new and perhaps more humble direction.”

    Thanks for your contribution to the conversation,
    Matt
    Feb 6, 2012. 02:18 PM | 2 Likes Like |Link to Comment
  • Why I Chose BHP Billiton Over Vale [View article]
    It cut off my links. You may have to input them manually
    Feb 5, 2012. 03:20 PM | Likes Like |Link to Comment
  • Why I Chose BHP Billiton Over Vale [View article]
    Gary,

    I don’t think you are going to like my answer, so I tried to give as much proof as possible.

    Taken from the FAQ page in the shareholder section of the website.

    http://bit.ly/wuPQlb

    Q: What is the difference between BHP Billiton Limited and BHP Billiton Plc?

    A: BHP Billiton was formed in June 2001 from the merger of BHP Limited (an Australian listed company) and Billiton Plc (a UK listed company). The merger was effected by way of a dual listed companies (DLC) structure, meaning that although the companies technically continue to be separate legal entities (now renamed BHP Billiton Limited and BHP Billiton Plc) with separate share listings and share registers, they are managed and run as a single economic entity. The companies have a common Board of Directors and management team. Shareholders in BHP Billiton Limited and BHP Billiton Plc have equal economic and voting rights, as if they held shares in a single company


    Both BHP and BBL are ADRs and are listed on the NYSE. I have two charts to help show what has happened.

    The first one is BHP vs BBL:
    http://yhoo.it/x0nPF6;range=my;compare=bhp;...

    The appreciation of BHP is due to currency appreciation of the AUD.

    The second on shows GBPvsUSD compared to AUD vs USD:
    http://yhoo.it/zTlf9z;range=5y;compare=audu...


    Does that make better sense?

    Matt
    Feb 5, 2012. 03:19 PM | Likes Like |Link to Comment
  • Why I Chose BHP Billiton Over Vale [View article]
    Gary,

    Thanks for reading!

    The reasons in the difference in stock price between BHP and BBL has to do with exchange rates/currency. Currency is a little beyond me, but if I remember correctly, over the last couple of years commodity currencies (Aussie dollar, Canadian Loonie, etc.) have been bid up in relation to the falling dollar.BHP has benefited from the currency appreciation of the Aussie dollar.

    Matt
    Feb 4, 2012. 07:04 PM | Likes Like |Link to Comment
  • Why I Chose BHP Billiton Over Vale [View article]
    Craig,

    I also found your comments to be quite informative. Thanks for the dialogue and the book recommendation.

    Matt
    Feb 4, 2012. 04:10 PM | Likes Like |Link to Comment
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