b>Anglo American reported their full year numbers to December this morning. We have of course seen all the moving parts, Kumba Iron Ore, De Beers and then the "big one" (although that is not fair to Kumba) Anglo Platinum. So, we have had a few entrees and this is time for the main course. Without further ado, here goes: Group revenue 32.929 billion Dollars, underlying earnings at 5 billion USD. That translates to underlying earnings per share of 4.13 USD per share, 93 percent higher. So, in ZAR at the current rate (which is close to the average rate achieved for the year) is about 29 and a half Rand per share.
So, the stock at current levels trades on 13 times historic earnings. We are running out of time here, so are going to have to look at these results closer on Monday, when I have the presentation at my disposal. Currently listening into the webcast. I can sit at my desk and not waste time going along to the presentation. Although I would miss out on cupcakes, light snacks and hobnobbing. Rather be here with my colleagues.