Glencore Share Discussion Threads

[anley] 11/8/2016 10:33

Just to give you an idea as to how GLEN is bring production back into line with supply and demand..............


Glencore reported a significant fall in output for most of its products in the first half of the year after closing mines in response to a rout in prices.

Production of copper, which made up most of its revenue, dropped 4% while coal saw a 14% decline and zinc a 31% tumble.

Glencore also increased its full-year estimate for copper output due to strong performance from its Collahuasi mine and trimmed its coal prediction.

[anley] 08/8/2016 10:53

To much QE cash in the markets and where you have negitive yields V shares with a dividend yield of say 3% and a chance for gain then maybe that is what is happening............just a thought!!

[dremel] 08/8/2016 10:49

Not wishing to rain on anyone's parade,but when I post, which is not often, I like to think its of some interest even if its wrong, .
I think there is a saying ?, a "High Tide Raises All Boats", even the dogs.
This applies to the FTSE which seems to have gone mental for no discernible reason I can see ?, but then again, they say the trend is your friend ?, so fingers crossed it continues ?, but I wont hold my breath .

[russell250] 08/8/2016 08:45

bigdave - I think a disposal announcement prior to half year - will push price higher - I have 230-250 short term target

[bigbigdave] 08/8/2016 08:33

Ignore him russell, been on my filter list for a long time. Fresh breakout this morning and 250p looking more likely.

[russell250] 07/8/2016 11:11

sr2day - pls explain logic in 120p downside please

[sr2day] 07/8/2016 09:49

200p is max upside in the near term but possible 120p downside.

[heliweli] 07/8/2016 09:06

Fracking will add to the oil glut, not good.

[tsmith2] 05/8/2016 15:54

Graph trend :)

[russell250] 01/8/2016 11:32

I am not in the know - but as we near updates - I expect some additional news on a disposal - this is normal trend
maybe gold mine r rail network as rumoured of late

technically should have no real resistance to 225/230 but current poor world pmi/gdp not helping combined with oil decline

rio good news flow plus still paying divi

with so few options to invest safely - with such poor returns worldwide - basic materials and china spending - driving some commodities - I am still in for a while -

[heliweli] 01/8/2016 08:12

Glen lagging behind again.

[younasm] 28/7/2016 17:11

Half year results on 24th August.Half year production report 11/08/16

[dhanji2] 28/7/2016 12:24

What is on aug 11

[anley] 28/7/2016 10:37

We shall see on 11 August ...........

[tallrugbyguy] 27/7/2016 17:33

Metal prices and oil have risen and Glen's debt has been reduced, so doesn't that make the company worth ALOT more?

[anley] 27/7/2016 11:33

TSMITH........can you tell us why you think GLEN is suddenly worth £2.50 per share?

Is there something in the metals and mining world you know and could share with us which will make GLEN shoot up to your "clear blue skies" price?

Remember that GLEN still needs asset sales to reduce its debt and management is working on this all the time in what can best be described as a topsy trvey trading world.......

[heliweli] 27/7/2016 08:32

£2 could be a hicup.

[tsmith2] 27/7/2016 08:28

Clear blue skies until £2.5...

[tallrugbyguy] 25/7/2016 09:13

£2 on the cards soon!

[tsmith2] 22/7/2016 09:13

Get feeling stock in demand

[tsmith2] 22/7/2016 07:10

Black rock adding v significantly?

[russell250] 21/7/2016 16:14

I have been nervous due to large position in glencore I trade cash mot cfd`s I am still in with 230/250 target

I aslao have
bhp
rio

barc
lloy
hsbc ( large)
stan

mph ( spec alive look hup ip side)

lonmin

[younasm] 21/7/2016 14:00

Yep, charts tell you a lot of history -- I will trade with the trend and occasionally against trend too.

[tsmith2] 21/7/2016 09:24

Look at graph..