Glencore Share Discussion Threads

[arja] 22/2/2017 13:20

oh tomorrow ! But most miners pounded today and am wondering about a day trade as could well bounce in afternoon. S32 certainly might as now at about 7 cents less than aussie close !

[losses] 22/2/2017 12:50

De-risking for results tomorrow

[arja] 22/2/2017 12:42

miners hammered today . I assume a fall in base metal prices or is it something else worrying punters ?

[keifer derrin] 21/2/2017 07:37

Miner Anglo American has returned to profitability after taking measures to strengthen its balance sheet last year.

Its profit before tax for 2016 was $2.6bn following a loss of $5.4bn in the previous year.

The FTSE-listed firm also said it had reduced its net debt by 34%, and that it would resume dividend payments by the end of 2017.

In late 2015 the firm announced it would suspend dividends after a global slump in commodity prices. This led it to begin a major restructuring programme, although prices of raw materials have since rebounded.

[keifer derrin] 21/2/2017 06:57

Anglo-Dutch mining giant BHP Billiton made $3.24bn (£2.6bn) in underlying profit for the half year ended December 31.

That's a near eightfold increase compared to the same period in the previous year, when it earned $412m.

Renewed demand from China late last year led to an unexpected surge in commodity prices, which translated into a massive sales boost for global miners.

BHP Billiton is one of the world's largest producers of major commodities including iron ore, copper and uranium. And it also has substantial operations in the energy industry, including shale oil and gas.

[losses] 20/2/2017 14:05

I will be cashing out 50% day before results just to cut any risk... will then use the 50% to average up or down on results day.

[losses] 20/2/2017 14:04

I bought some on Friday for trading

[arja] 20/2/2017 13:43

GLEN adging up and I may regret selling on friday . Doing better than
other mining stocks .

[glenkaz] 18/2/2017 13:31

Mmmmmm! Lost £5 k Friday cashed out still £10k up last week! No idea for decline! Strike 🤔 You'd think it would have flown !!

[glenkaz] 17/2/2017 22:22

Weird behaviour of Glenda this week! Naughty b/tch!

[losses] 17/2/2017 16:47

Also people will be pulling out before results to cut down on any risks...Hoping to be around 350 next 3-4 weeks

[arja] 17/2/2017 15:37

no recovery today for mining stocks and GLEN suffering too - friday blues I guess !

[glenkaz] 16/2/2017 18:50

A true and very dangerous casino no stamp duty share! Mm's love the b/tch!

[glenkaz] 16/2/2017 13:05

🐂💩

[glenkaz] 16/2/2017 07:57

£4.35 h s b c target!! Better start moving towards it Glenda! Like now ya b/tch! 🚀🚀🚀

[glenkaz] 15/2/2017 23:20

Mmm! Thought the b/tch would have a crack at year high! £2kdown on re entry still £12k up this week thanks to 303 drop! Lol! She needs a 🚀 Up her skirt will that be tomorow🤔 She has one more day of my patience!

[losses] 15/2/2017 23:10

Kaz and Glen not expensive at all... I think you need to dig a bit deeper with your research... kaz has loads more to go... I reckon 800 be year end and Glen 350-400.However, markets need to correct soon as such we could see shares going lower but I think they will be bought and prices will regain in due course

[daybreakers] 15/2/2017 22:51

I don't have a position here or the other miners like Vedanta, Polymetal, Kaz, Evraz, reason being I'm reluctant to due them being rather expensive and looking at the techs on the weekly, very over bought, they will all come crashing down at some point.

I do however hold Fres and Hoc which I'm banking on giving me a good return this year when the bleak reality of the world economy hits.

[losses] 15/2/2017 22:47

Getting a bit worried now... DOW at scary highs.. what goes up must come down lol...The Dow will crash at some point and bring everything down with it... I think this will be sooner than we all think.

[arja] 15/2/2017 21:42

dow well up again but probably no help to GLEN tomorrow - hope I am wrong !

[losses] 15/2/2017 17:23

Thanks..HSBC analyst David Pleming said the "well-flagged" purchases represented "another good deal" for the company.In particular, Pleming praised the value-add that the deal brings to Glencore as well as the increased exposure to copper and cobalt in the DRC.As a result, the analyst raised his target price for the stock to 435p – which suggests a possible upside of almost a third – while repeating his buy recommendation.

[daybreakers] 15/2/2017 15:32

Thank you Losses, so is the information contained in above link wrong?

But yes I always go by official news wires but nothing wrong with data on one page and then one can go and check it out for themselves.

[losses] 15/2/2017 13:17

Boys & Girls the best place to get the dividend data is from the companies website... never rely on other sites who can't always keep up with the correct information..Talking from 20 years experience.