China's bull resource market

[juda]

Who is likely to benefit short term, some resource stocks look expensive...kumba

[#2]

what makes you think resource stocks are expensive? AGL is on a PE of less than 15, and a forward PE less than 10, Bil is on a PE of 13, KIO - 13, Exx - 13. All of them on forward PE's of less than 10, and all rated at a buy on the consensus forecasts

[#3]

As far as Return on Capital is concerned, KIO is one of the cheapest stocks on the JSE at the moment.