Glencore Share Discussion Threads

[watfordhornet] 14/2/2024 12:30

Of course they do - there is only so many shares. For every seller there has to be a buyer

[scemer] 14/2/2024 12:25

Watford do you mean they are always equal surely that cannot always be the case

[watfordhornet] 14/2/2024 11:56

Never trust the buy/sell jnfo. Well known it is not accurate. Work on basis buys = sells and you won't go far wrong

[84stewart] 14/2/2024 11:41

I don’t get on this sites buys being recorded as sells ,this has happened many times ?

[84stewart] 12/2/2024 09:16

A good decision by Glen no sense in flogginga dead horse ,cut losses Glen can absorb this although the market might look differently ,but hey ho

[action] 09/2/2024 18:34

That will be doomsday scenario. As it is UK economy is shrinking and not many good companies in UK. If you remove overseas companies, there will be nothing like stock market. Only way out is ask pension companies to invest % of their assets in UK market

[erocnelg] 09/2/2024 18:03

https://news.sky.com/story/laura-trott-accused-of-not-knowing-basic-facts-of-her-job-after-questions-over-debt-13067047

[erocnelg] 09/2/2024 18:01

Usa. F o o k the UK market its s h i t e

[erocnelg] 09/2/2024 18:00

Investing in Glencore. I hope they exit the ftse 100 and list coal and all in the ??

[madmaccer] 09/2/2024 17:57

Agree spud, we need ISA money to stay in the UK rather than overseas companies.

[mayers] 09/2/2024 16:10

'When others are fearful.....' :-)

[spud] 09/2/2024 16:01

Perhaps the sick stock market might induce government to look at ISA allowances - We can but hope.

spud

[action] 09/2/2024 15:57

Us market reaching new highs. UK market reaching lows every day. Appears smart money is chasing us market

[action] 09/2/2024 15:55

Drip drip down it goes

[montyhedge] 09/2/2024 12:56

Historic, market is a forward looking indicator, not rear view mirror. Everything could be the price now and big bounce on figures, just got to wait.

[tines] 09/2/2024 12:33

Is glencore pe ratio of under 3 on advfn right? Why so much lower than the other mining companies?

[montyhedge] 09/2/2024 12:17

I thought possibly 385p on figures, not before, charts showing 351p next big support, possible in my view. Hopefully figures decent, surprises everyone and big bounce.

[bigboots] 09/2/2024 11:16

Nothing will happen for at least 2 weeks as the Chinese authorities will not pump any money in to the system until after that

Dollar on a tear, up 6% this week, this is going to sub £3.70 probably £3.50 then its a STEAL

[action] 09/2/2024 11:14

Also Glen wants to separate coal and carbon steel business in 24 month once debt levels are more manageable after Tec deal completion.

[action] 09/2/2024 10:56

Agreed. But hope it does not go there. Need China stimulus news as China going into deflation without it.

[arja] 09/2/2024 10:43

awful looking chart and might hit 350 support level in next few weeks

[action] 09/2/2024 10:38

Ps glen fortunes are tied with copper prices which are down this week.

[action] 09/2/2024 10:37

Also takes 5 minutes to charge and gives around 600 plus mileage according to what I know.

[84stewart] 09/2/2024 10:35

I don’t know if this could be part of the reason miners are being hit,but metals for batteries especially EVs could be a thing of the past as apart from BMW other manufacturers could be turning to hydrogen which is supposed to be cheaper and safer ie £10,000 for a replacement Tesla battery ,a friend of mine got his replaced under guarantee,just a thought.

[madmaccer] 09/2/2024 10:02

Another gap formed, 395ish.