If China’s property markets are about to go juddering into the abyss, has anyone let the mining industry know? Er, maybe, yes. Iron ore prices have quietly fallen a quarter so far in 2014. China-exposed Fortescue of Australia is yours for four times forward earnings. And yet BHP Billiton, a much bigger iron ore producer, remains priced at 12 times.
如果说manbetx3.0 房地产市场即将跌入深渊,采矿业是不是已听见风声?哦,答案也许是肯定的。2014年迄今为止,铁矿石价格悄然下跌了四分之一。只需要付出4倍预期市盈率的价格,你就可以入手拥有对华业务的澳大利亚Fortescue的股份。而规模大得多的铁矿石生产商必和必拓(BHP Billiton),市盈率仍维持在12倍。
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