Glencore Share Discussion Threads

[action] 08/11/2018 11:57

in the meanwhile trade on daily basis.LOL.

[sarkasm] 08/11/2018 10:08

INTERESTING TOPIC GUYS



I would certainly like to see the share price substantially more than 400p if that scenerio starts to play out


cheers fireplace for posting the old story

have a good day

or atleast better than todays share price seems to be reacting at the moment

[sarkasm] 08/11/2018 10:04

Market report: The City urges Glasenberg to ‘do a Musk’ and take Glencore private

Mark Shapland
Tuesday 9 October 2018 11:32
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The Evening Standard
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Would Glasenberg take Glencore private?
Would Glasenberg take Glencore private? ( Simon Dawson/Bloomberg )

Talk about taking companies private is all the rage these days and where Elon Musk and Tesla have failed, Glencore might just succeed.

Rumours in the Square Mile are that Glencore boss Ivan Glasenberg is fed up with the miner’s (under) valuation and its never ending rounds of buy-backs.

Analysts at Bernstein believe the idea should be taken seriously, adding that Glasenberg has a much stronger hand than Musk, should he pursue the private route.

Unlike Tesla, Glencore generates huge cashflows so it would not need to secure extra funding, and 25% of the company is owned by the firm’s senior managers and the Qatar Holding company.

Bernstein senior research analyst Paul Gait has done the maths: “Glencore has recently announced a $1 billion (£770 million) share buy-back programme, which would essentially take out 1.7% of the company’s market cap.

“Thus, to take the company private, Glencore would have to purchase 10.6 billion of its own shares; which would be valued at $44 billion at recent share prices.”

[mhrangoon] 08/11/2018 10:03

If this goes ahead. How much each share will worth.

[fireplace22] 08/11/2018 09:35

They reckon it's more feasible than Tesla given a quarter of the co is already with the management and the Qatar Holding co.

[mhrangoon] 08/11/2018 09:31

Don't think will happen. Company is to big. It's just Market rumours like tesla.

[fireplace22] 08/11/2018 09:27

There has been talk of taking it private recently.

[mhrangoon] 08/11/2018 09:25

I thought this will go above 330 today???

[dremel] 07/11/2018 21:33

Glencore must have enough of there own shares now to go for a take over, wonder if they will go hostile ?.

[waldron] 07/11/2018 17:26

Rio Tinto
3,930.5 +1.60%


BHP Billiton
1,625.4 +1.52%


Anglo American
1,732.6 +1.92%


Glencore
316.2 +1.38%

Gold COMEX 1,228.90 +0.03%
Silver COMEX 14.59 +0.45%
Copper COMEX 2.75 +0.49%
Brent Crude Oil NYMEX 71.95 +0.35%

[losses] 07/11/2018 06:54

Glencore's Radioactive News May Help Give Cobalt Its Buzz BackHttps://finance.yahoo.com/news/glencore-apos-radioactive-news-may-050000034.html

[leoneobull] 07/11/2018 06:24

Deferred revenues. Could have been worse

[the grumpy old men] 06/11/2018 19:15

foxy yep

Katanga shares, listed in Toronto, fell around 20 percent by 1654 GMT, while Glencore fell nearly 3 percent in London trade.

[foxy22] 06/11/2018 19:10

Grumpy old men just noticed katanga listed in canada is off 24%

[waldron] 06/11/2018 16:55

Rio Tinto
3,868.5 -1.41%


BHP Billiton
1,601 -1.68%


Anglo American
1,700 -0.91%


Glencore
311.9 -2.88%

Gold COMEX 1,227.40 -0.40%
Silver COMEX 14.52 -0.87%
Copper COMEX 2.74 -0.54%
Brent Crude Oil NYMEX 71.20 -1.96%

[nahoon] 06/11/2018 15:35

Sorry for OT!

In the meantime Glencore is proving to be a lovely share to trade, I'm going in for another batch...

[nahoon] 06/11/2018 15:33

Good one!

What a vicious and disgusting little regime it is, its practice of funding the spread of Wahhabism has inflicted untold suffering on millions of people. Time for the rest of the world to shut the door in its face. We'll survive just fine without them.

[leoneobull] 06/11/2018 14:59

Maybe they want somewhere to bury their murder victims?

[action] 05/11/2018 18:49

Not big movement through out the day. That is not like GLEN.