When the rumours stated about Rio and Glen the shares went to 390p. Both companies never denied it, which normally a company would. Rio does not want Glen coal division. So that could be floated off in US who like coal.I hope a deal not done unless someone bid 450p for the whole of Glen. |
That will be suicidal. No cash. |
Or worse, Glen is eyeing something else to takeover! |
Copper is needed for EV transition which is 4.61 today from low of 3.61. What am I missing? Anyone or is it someone building stack like BP? |
There is something at play. Is it Trump tariff which is on steel and aluminium 25% or Glen is being eyed by someone for takeover.. |
Yes strange all the other miners up even Rio, Glen missing the party, lol. |
BHP RIO UP 1 % or more. GLEN down... |
Short it then you will make a fortune. |
25 percent copper tarrif will simply kill it on top of upcoming billions of loss on 19th February..great 325p will be smashed by big boys.. |
Is trump going to make canada part of USa ???? Hence he giving free pass to Putin and Netanyahu to take as much as they want?? |
UBS expects Glencore to declare a base distribution of 1.8 billion dollars or 15c a per share with the first tranche of $900 million to be paid in May and repeated in September. It also forecasts a buyback of $1.8 billion, which will lift net debt to $10 billion.The bank thinks a buyback is more likely than a special dividend that Glencore are still below 400p.There's also potential for the buyback to be enhanced by a further $1 billion if an agribusiness merger involving Glencore's interest in Viterra completes before the results on 19th Feb.Now if UBS are right in my opinion we are going back over 400p.With Trumps tariffs I suppose we have to wait and see. |
https://poundf.co.uk/glencore-share-price-forecastApparently back in the 200s next month... |
What is the purpose of cutting the price target but have buy rating...when share price trading 350p well below 460p target...all scientific calculations gobble-dy-ghook... |
Try not to feed the animals on here |
Take 460p target and a Buy from Citi anyday. |
To prevent billions of upcoming loss they should grow some Cocoa beans |
Citigroup cuts Glencore price target to 460 (480) pence - 'buy' |
Greatest prediction of all time breaking 325p and heading 234p |
Diku will tell you who's the No.1 trader, lol |
Trump throwing out tariffs like confetti...has everybody really understood these tariffs?... or just running market sectors like headless chickens... |
In Monty we Trust |
Look at the chart of HSBA...HSBA has been cushioning FTSE.... |
Don't worry when bulls back in control, Glen will have a nice run up to 19th Feb.Trump tariffs gave bear algos the opportunity to short the hell out of Glenccore. |
FTSE UP even when mining sector down...amazing |
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