Glencore Share Discussion Threads

[dremel] 01/5/2016 20:50

Here is my futile little pennies worth ?, Qatar buying or selling seems to have little impact on the price, unless they unload the lot I guess ?, or buy a shed load more.
What I cannot understand is why all the big miners keep digging industrial sized quantities of metals out of the ground when there is little demand for them ?????.
Why dont they start cutting back, thus driving the price higher for what there is, Supply and demand thing, I mean if a simpleton like me can think of that why not them ?, perhaps I,m missing something here ?, usually am when it comes to this business.

[tsmith2] 30/4/2016 17:19

All on track, sentiment returning to commodities...

[nightmare trader] 29/4/2016 23:30

Are we expecting good things??

[younasm] 29/4/2016 15:43

A but surprised at the pop -- is this in readiness for quarterly figures next week ??

[tsmith2] 29/4/2016 15:17

Ascending channel

[anley] 28/4/2016 17:40

KEIFER DERRIN........this is the way I answer BB questions so at least I have your attention.

How long have you been dealing on the LSE as it seems to me that you are a novice and have much to learn?

Fangorn2 is an experienced dealer and poster on this BB so follow him and not me as I am a reader rather than a poster but a big shareholder in GLEN because my son is a City metals and minerals dealer and that is how we make our living......dealing in GLEN, S32, RIO and BLT plus the physicals such as gold and silver.

I am only trying to help you as there is much to know and we all make mistakes from time to time.

[fangorn2] 28/4/2016 17:10

Qatar REDUCE below 9%



from 1,307,587,099 TO 1,294,889,180 (or 8.996%!)

Looks pretty clear to me...

[zangdook] 28/4/2016 14:31

you didn't read the RNS

[keifer derrin] 28/4/2016 10:42

NOT SURE WHY YOU NEED TO SHOUT MY NAME......but the official RNS which I read, says Qatar now hold 1,307 587 099. according to the link I added it said they held 1, 176 196 974 - which to me means they have added....

so is the information in the link wrong...so why is it a sell...

[chapchip] 28/4/2016 10:25

they sold 12,679,919 shares

[anley] 28/4/2016 10:17

KEIFER DERRIN...........please read in future the official announcements either by GLEN or the LSE.

Qatar are sellers..........

[tsmith2] 28/4/2016 08:36

Like broad exposure esp to copper and zinc

[keifer derrin] 27/4/2016 10:33

it appears that they bought.

if you look at



Qatar held 1,176,196,974 (8.17%)

the rns says they now hold 1,307,587,099 (8.996%)...

[younasm] 27/4/2016 10:33

Qatar sold a few.

[hansrod] 27/4/2016 10:20

Did qatar sell their holding or buy more shares?

[younasm] 27/4/2016 10:01

I don't have any shorts left. The longs from yesterday are down -- but that's okay for now.Hopefully support will be found at 140-145p level.

[anley] 27/4/2016 09:54

With QATAR a seller and now below 9%..........never go a bear against GLEN.

[younasm] 25/4/2016 16:31

Gone long -- will start closing shorts tomorrow -- 150-155p will do.

[brahmsnliszt] 25/4/2016 14:51

(BFW) Herro Says Hasn't Added to Glencore Holding, Still Sees Upside+------------------------------------------------------------------------------+Herro Says Hasn't Added to Glencore Holding, Still Sees Upside2016-04-25 12:43:25.561 GMTBy Jesse Riseborough (Bloomberg) -- Glencore has been trimming debt throughasset sales and co. is more exposed to copper and zinc thanpeers, David Herro, chief investment officer of HarrisAssociates LP says in interview on Bloomberg Radio. * Herro sees 'significant upside' for Glencore shares but hasn't added to his stake recently * Says traders use Glencore as a "surrogate" for trading commodities which is why share price is so volatile * NOTE: Harris controls ~8.5% of Glencore making him 2nd biggest investorFor Related News and Information:First Word scrolling panel: FIRSTFirst Word newswire: NH BFWTo contact the reporter on this story:Jesse Riseborough in London at [e-mail] contact the editor responsible for this story:Lynn Thomasson at [e-mail]

[tallrugbyguy] 21/4/2016 15:09

Nice one Dragi, a negative speach just what the market wanted !

[demicauk] 21/4/2016 11:05

ireminisces

I think Glencore own 50% plus one share of the project. Zanaga own the other 50% less one share. It is possible Glencore would be happy to sell their share as may have been mooted by Ivan Glasenberg in the past and recent share price movements in Zanaga's share price seem to suggest something other than an iron ore price move may be occurring. However I cannot see anything to suggest they have sold their share recently. So in answer to your question yes I believe they do have a stake in the Zanaga Iron Project.

Hope this helps.