Glencore Share Discussion Threads

[waldron] 30/11/2018 19:46

Must say am absolutely delighted that the columnists in the DT are now panicking. The fallacy is over.


CAPITALS PLEASE LEO, WE ARE BRITISH

BUT WHY POST ON THE GLENCORE THREAD

[leoneobull] 30/11/2018 19:36

https://www.telegraph.co.uk/politics/2018/11/24/calamitous-cowardly-brexit-deal-now-shafted-eu/Must say am absolutely delighted that the columnists in the DT are now panicking. The fallacy is over.

[leoneobull] 30/11/2018 19:35

https://www.telegraph.co.uk/politics/2018/11/24/calamitous-cowardly-brexit-deal-now-shafted-eu/Must say am absolutely delighted that the columnists in the DT are now panicking. The fallacy is over.

[waldron] 30/11/2018 16:51

Rio Tinto
3,576.5 -1.17%


BHP Billiton
1,573 +0.00%


Anglo American
1,568.2 -2.66%



Glencore
290.75 -0.87%



Gold COMEX 1,225.60 -0.39%
Silver COMEX 14.19 -1.47%
Copper COMEX 2.79 -0.13%
Brent Crude Oil NYMEX 59.28 -1.05%
Gasoline NYMEX 1.42 -0.41%
Natural Gas NYMEX 4.51 -2.86%

[the grumpy old men] 30/11/2018 10:21

The Fed is warning about the trade war as Trump heads to a crucial meeting with China's Xi
[CNBC]
Tucker Higgins
CNBC29 November 2018
The Fed is warning about the trade war as Trump heads to a crucial meeting with China's Xi
Cracking down on China's allegedly unfair trade practices was a signature element of Trump's campaign for president, but it could pose problems for him if the economy cools down as the 2020 presidential race heats up.

The Federal Reserve warned that the trade war between the U.S. and China threatens the growth of the American economy, just as President Donald Trump headed to Argentina, where he will meet Chinese President Xi Jinping for a crucial discussion on trade.

The trade tension between the U.S. and China poses risks for the economy and has already led to higher costs for business, some of which have been passed on to consumers, Federal Reserve officials warned, according to minutes released Thursday from the Nov. 7-8 meeting of the Federal Open Market Committee.

"The potential for an escalation in tariffs or trade tensions was also cited as a factor that could slow economic growth more than expected," the Fed minutes said. The Fed's concerns echo criticism from broad segments of the business community .

Cracking down on China's allegedly unfair trade practices was a signature element of Trump's campaign for president, but it could pose problems for him if the economy cools down as the 2020 presidential race heats up. Yet Trump has offered only a little wiggle room ahead of his scheduled dinner with the Chinese leader. Trump said Thursday that he is "very close to doing something with China," but that he is debating whether it is a good idea.

"I don't know that I want to do it," Trump told reporters shortly before his departure Thursday. "Because what we have right now is billions and billions of dollars coming into the United States in the form of tariffs or taxes, so I really don't know."

"Frankly," he said, "I like the deal we have right now."

The U.S. and China, the world's largest economies, have been locked in a tit-for-tat tariff battle this year.

Fed officials cited the trade war "as a factor that could slow economic growth more than expected," and reported that conditions in the agricultural sector "remain depressed, in part, due to the effects of trade policy actions on exports and farm incomes."

Alongside tighter immigration enforcement, the trade war is central to Trump's "America First!" platform.

But the trade fight has earned opposition from economists and at times spooked the stock market. The Dow Jones Industrial Average hit its low of the day on Thursday following a report that White House trade policy advisor Peter Navarro, a China hawk, would attend the president's dinner with Xi next week.

The Federal Reserve, likewise, has been warning about the impact of a trade war for months.

In its "Beige Book," a separate report on the economic conditions of the United States that is released eight times per year, references to tariffs have played a major role during the Trump presidency. That's a stark contrast to the reports issued over at least the previous two decades that barely mentioned the topic.

[losses] 29/11/2018 23:52

Who was the trade war will only hurt the Chinese??The Fed is warning about the trade war as Trump heads to a crucial meeting with China's XiHttps://uk.finance.yahoo.com/news/fed-warning-trade-war-trump-210700654.html

[waldron] 29/11/2018 16:49

Rio Tinto
3,631 +1.82%


BHP Billiton
1,573 +0.00%


Anglo American
1,613.6 +3.45%


Glencore
295.35 +3.14%


Gold COMEX 1,231.40 +0.13%
Silver COMEX 14.41 -0.35%
Copper COMEX 2.79 -0.78%
Brent Crude Oil NYMEX 60.22 +1.91%
Gasoline NYMEX 1.43 +3.89%
Natural Gas NYMEX 4.50 -4.26%

[ariane] 29/11/2018 11:04

Glencore
293.2 +2.39%

[bedruthan] 28/11/2018 19:20

Glencore GLNCY now up 4.5%

[bedruthan] 28/11/2018 19:18

Glencore GLNCY now up 4.4%

[leoneobull] 28/11/2018 18:44

Dow up 500 odd . Surely Glen to 3 pound plus 2moro

[waldron] 28/11/2018 17:59

TOMORROW WILL BE AN UP DAY THEN

[bedruthan] 28/11/2018 17:57

Glencore GLNCY up over 3%

[twixy] 28/11/2018 17:46

Copper currently racing ahead; hope it holds!

[waldron] 28/11/2018 17:07

Rio Tinto
3,566 +0.34%


BHP Billiton
1,573 +0.00%


Anglo American
1,559.8 +1.35%


Glencore
286.35 +1.33%

Gold COMEX 1,213.60 +0.02%
Silver COMEX 14.13 +0.33%
Copper COMEX 2.78 +1.89%
Brent Crude Oil NYMEX 60.28 -0.20%
Gasoline NYMEX 1.41 +0.21%
Natural Gas NYMEX 4.40 +2.61%


STILL MANAGED TO STAY IN THE 280 to 310p BOX

[redtom1] 28/11/2018 13:51

Monty,

You ask why do they do a share buy back rather than paying down debt?
From my experience of working with various plcs, this is done when the Co considers that shareholders benefit more, ie in the long run the shareholders will get a better return by eliminating these shares at current levels.

Therefore this indicates that the Co considers the current share price level as cheap compared to the savings on debt.

If the company thought that the shares were fully priced, then the buy back would cease.

As a shareholder I would rather the company eliminates shares on the cheap so that the eps is enhanced in the future. Level of debt is no longer the threat it was. In short term I have no idea which direction this will go, but in the medium to long term I have no doubts whatsoever. Good luck all.

[ny boy] 28/11/2018 11:43

Time to tuck away a few at these levels....support 277p, strong support around this level going back on the 7 year chart

[bedruthan] 28/11/2018 11:30

hxxps://www.mareainformativa.com/2018/11/28/glencore-glen-stock-rating-reaffirmed-by-barclays-updated.html

[montyhedge] 27/11/2018 18:09

Looks like gold, oil down again USCommodities look very weak.

[waldron] 27/11/2018 17:30

Rio Tinto
3,554 -2.07%


BHP Billiton
1,573 +0.00%


Anglo American
1,539 -1.52%


Glencore
282.6 -1.45%

Gold COMEX 1,212.00 -0.85%
Silver COMEX 14.08 -0.92%
Copper COMEX 2.73 -1.05%
Brent Crude Oil NYMEX 59.55 -1.54%
Gasoline NYMEX 1.40 -1.97%
Natural Gas NYMEX 4.30 +0.07%

GOOD NEWS IF ANY

MANAGED TO STAY IN THE 280 to 310p BOX

[montyhedge] 27/11/2018 14:27

They say Outperform that to me is another way of saying going know where. A hold is really a sell.

Monday big day Shareholder update. Buybacks helping price. Why not reduce debt, rather than keep buying shares.

[la forge] 27/11/2018 14:23

Its amazing after having read the above posts,how the brokers can continue to be so optimistic or optimystic




ALL MAGIC AND MIRACLES

[waldron] 27/11/2018 13:29

YEP NOT LONG TO WAIT

03/12/18 | 14:00 Business Update Call

[montyhedge] 27/11/2018 13:22

Investor update, 3rd December. Any thoughts ? I think investors may hold off until Monday. DRC and US hopefully some news or thoughts about that.