-----Original Message-----
From: Siswa Rizali [mailto:[EMAIL PROTECTED]]
Sent: Monday, August 14, 2006 10:43 AM
To: obrolan-bandar@yahoogroups.com
Subject: [obrolan-bandar] bagi2 rezeki INCO?
trader pada mau bagi2 rezeki di INCO dgn memakai dua berita berikut???
terimakasih.
rz
===.
http://www.smh.com.au/news/business/cvrd-joins-rush-for-inco-bids-
22b/2006/08/13/1155407670405.html
CVRD joins rush for Inco, bids $22b
August 14, 2006
COMPANHIA Vale do Rio Doce, the world's largest iron-ore producer,
has entered the battle for Inco, offering $C19.4 billion ($22.5
billion) to wrest the Canadian nickel miner from two other bidders.
CVRD, which is based in Rio de Janeiro, said it planned to pay $C86 a
share for Inco, the second-biggest nickel miner, in an all-cash offer
that may trump cash-and-share bids from Phelps Dodge and Teck Cominco.
The takeover, which would be the biggest foreign acquisition by a
Brazilian company, would make CVRD the world's fourth-largest mining
company by sales. Its chief executive Roger Agnelli would gain
supplies of nickel, used to make steel rust-resistant, to deliver
alongside iron ore to steelmaking customers such as ThyssenKrupp.
"This is the best bid out there by far," said Ronald Mayers, who
invests in companies involved in mergers and acquisitions for
Desjardins Securities of Montreal, which holds Inco shares. "This is
a winning bid, unless someone else comes in and does better."
CVRD's shares sank 2.2 per cent to 42 reals in Sao Paulo on Friday
while Inco's shares jumped 3.5 per cent to $C89.08 in Toronto,
leaving them up more than 70 per cent this year.
Phelps Dodge, the world's third-largest copper producer, agreed on
June 26 to buy Inco with cash and stock that are today worth $C88.53
per share. It is based in Phoenix, Arizona. Vancouver's Teck Cominco
is offering $C86.04 is cash and stock per share in a hostile bid.
Inco spokesman Bruce Drysdale and Phelps Dodge spokesman Peter Faur
declined to comment. Teck president and CEO Don Lindsay said the
company wouldn't be "drawn into an expensive bidding war for Inco.
"We will weigh our options carefully and remain committed to a
disciplined approach to any transaction," Mr Lindsay said in a
statement released on Canada NewsWire.
Losing Inco would be Phelps Dodge's second setback in less than a
month, after Xstrata beat it in the battle for Canadian miner
Falconbridge. Falconbridge's board three days ago recommended
shareholders accept Xstrata's $C19.2 billion bid.
Inco said in a filing with the US Securities and Exchange Commission
this week that it would owe Phelps Dodge a termination fee of $US475
million ($619.6 million) should Inco cancel the deal or recommend
another bid.
Mining companies are battling for assets as China, the world's
largest consumer of metals, drives copper nickel and zinc to record
levels. The price of nickel has more than tripled in the past three
years.
"We consider this offer a full-value offer for Inco," Mr Agnelli told
reporters in Rio de Janeiro. "It's high but justified."
Bloomberg
=====.
http://za.today.reuters.com/news/NewsArticle.aspx?
type=businessNews&storyID=2006-08-
11T104802Z_01_BAN123253_RTRIDST_0_OZABS-MARKETS-METALS-20060811.XML
Security concerns recede, nickel hits new high Fri Aug 11, 2006 12:48
PM GMT
By Pratima Desai
LONDON (Reuters) - Base metal futures bounced on Friday as worries
about the damage to economic growth from terror attacks receded and
focus returned to supply shortages, while nickel hit a new record
high of $27,100.
Prices slipped on Thursday after British police said they had
uncovered a plot to bomb transatlantic aircraft.
"I think the security alert yesterday didn't have much of an impact,
look at where the prices are now, they are hardly affected at all," a
trader said, adding that low inventories would support nickel prices.
At 1020 GMT nickel <MNI3 for delivery in three months was quoted at
$26,950/27,150, up 1.7 percent or $450 from Thursday's close on the
London Metal Exchange.
Stocks of nickel in LME registered warehouses fell 564 tonnes to
5,814, but of that only 2,406 tonnes -- less than one day's worth of
global consumption -- is freely available.
Also boosting nickel prices is unusually strong demand for stainless
steel. Traditionally August is quiet for stainless steel makers, but
this year many still have full order books.
"Demand ... is still very strong and inventories are low," said Neil
Buxton, metals analyst at GFMS Metals Consulting.
"The stainless market has been exceptionally strong despite high
nickel prices ... demand for stainless steel hasn't been affected ...
You also have a strike in the background."
Supporting nickel prices has been a decision by Inco to shut down
production facilities at its 54,000 tonne-per-year Voisey's Bay
nickel mine in Canada after workers went on strike.
SLIGHTLY DIFFERENT
Copper was indicated up 1.1 percent or $85 at $7,960/7,980 after
trading at a 4-week high of $8,150 on Thursday.
A crippling strike at Chile's Escondida, the world's largest coopper
mine, by more than 2,000 workers has spooked the market. On Thursday
workers for the second time in four days cancelled plans to resume
wage and bonus negotiations.
Escondida was expected to produce around 3,500 tonnes a day this
year. It normally accounts for about 8 percent of global copper
production and 20 percent of Chilean copper output.
The strike which started on Monday has cut production by around 60
percent and majority owner BHP Billiton has declared force majeure on
delivery of copper concentrates.
Force majeure frees companies from their obligations without
penalties if events are beyond their control. They are normally used
in the case of natural diasters.
"Most strikes in Chile tend to be fairly short-lived but this one
could shape up to be slightly different," Buxton said.
"(The workforce's) bargaining position is strong given wider
tightness ... (But) if there is an early resolution to the
dispute ... copper prices could come off."
Copper stocks rose 6,500 tonnes to 111,250, but that is little more
than two days of global consumption.
Elsewhere aluminium was up $30 at $2,575/2,580, zinc added $80 at
$3,465/3,485, lead was a touch firmer at $1,195/1,205 and tin $25
gained at $8,425/8,525.
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