Glencore Share Discussion Threads

[sarkasm] 25/2/2020 11:11

KPI Bridge Oil acquires OceanConnect from Glencore

February 25th, 2020 Jason Jiang Jason Jiang Bunkering, Europe 0 comments

Bunker broker and trader KPI Bridge Oil has announced that it has entered into an agreement to acquire OceanConnect Marine, a wholly owned subsidiary of Glencore.

The two companies will merge to create new entity KPI OceanConnect to become one of the largest independent marine fuels service and solutions providers in the world with a network across 15 locations globally and a footprint in every major maritime hub and time zone.

“Both KPI Bridge Oil and OceanConnect have a rich maritime heritage dating back almost 50 years and a reputation for integrity and trust in the market. The new entity will benefit from numerous other synergies, bringing together a wealth of knowledge, expertise and resources,” KPI Bridge Oil said in a statement.

The new entity will be led KPI Bridge Oil’s current CEO, Søren Høll.

“Our people remain our strongest asset and will play an important role in driving our growth strategy and delivering added value for our business partners going forward. All team members will benefit from fresh opportunities, being part of an ambitious new company, and we will continue our strong focus on personal and professional development as well as on providing outstanding career opportunities globally,” Høll said.

[sarkasm] 25/2/2020 10:23

Dow set to bounce following its worst drop in 2 years
Published Mon, Feb 24 20206:04 PM ESTUpdated 24 min ago
Yun Li
@YunLi626



Key Points

As of 5 a.m. ET, Dow futures indicated an implied open of more than 80 points.

Futures on the S&P and Nasdaq were both slightly higher.

Investors fled the stock market rapidly in Monday’s session as a surge in coronavirus cases outside of China intensified fears of a prolonged global economic slowdown.

[montyhedge] 25/2/2020 09:55

This is not buy the dip market.At 175p may dip a toe. No way for me over 200p.

[action] 24/2/2020 19:10

Restrictions in China are easing. CNBC.

[action] 24/2/2020 19:08

CNBC CONTRIBUTOR says put buy limit order well below the current prices for shares u like and u think that that level can not be reached.

[dremel] 24/2/2020 17:56

Was thinking, say was thinking of buying in, but could not work out why this corona virus thing was not impacting more on the stock markets ? so held back, now looks like the markets are finally taking flight, so, this share is nothing more then a falling knife I fear, like the rest. Were all going to die, I think ?, I wonder if they allow share dealing in heaven, or down there, haha.

[waldron] 24/2/2020 17:10

Iron Ore 86.56USD 0.14(0.16%)
Gold COMEX 1,674.40 +1.55%
Silver COMEX 18.75 +1.19%
Platinum NYMEX 968.50 -0.78%
Copper COMEX 2.57 -1.30%
Brent Crude Oil NYMEX 54.99 -5.09%
Gasoline NYMEX 1.69 -4.19%
Natural Gas NYMEX 1.84 -3.81%
WTI 50.755 USD -2.49%

Rio Tinto
3,965.5 -5.64%

Bhp
1,569.8 -5.52%

Anglo American
1,942.8 -8.57%

Glencore
211.55 -5.71%

[montyhedge] 24/2/2020 14:48

No need to rush in here boys, 175p - 185p might be worth a punt in my view.

[waldron] 24/2/2020 12:56

yep holding up in the 190 to 220p BOX

ALL TO BE CONFIRMED IN THE COMING DAYS

[maywillow] 24/2/2020 11:28

190p better

[action] 24/2/2020 11:26

200p Will be good entry point .

[foxy22] 24/2/2020 10:11

Are u short glencore monty

[montyhedge] 24/2/2020 10:09

Dow looking to drop 600 points.

[florenceorbis] 24/2/2020 08:41

Price (GBX) 213.85 Var % (+/-) -4.68% (Down -10.50)

High 217.15 Low 213.50

Volume 2,548,524 Last close 224.35 on 21-Feb-2020

Bid 213.85 Offer 213.95

Trading status Regular Trading Special conditions NONE

[montyhedge] 24/2/2020 08:25

185p target is Coronavirus spreads.

[waldron] 21/2/2020 17:16

Iron Ore 86.42 USD 0.27(0.31%)
Gold COMEX 1,643.30 +1.41%
Silver COMEX 18.49 +0.91%
Platinum NYMEX 976.80 -0.22%
Copper COMEX 2.61 +0.73%
Brent Crude Oil NYMEX 58.22 -1.84%
Gasoline NYMEX 1.75 -1.90%
Natural Gas NYMEX 1.91 -0.93%
WTI 53.3 USD -0.30%

Rio Tinto
4,202.5 -0.17%

Bhp
1,661.6 -0.93%

Anglo American
2,125 +0.12%

Glencore
224.35 -2.01%

[montyhedge] 21/2/2020 14:59

Holding up well, I see UK banning coal and wet wood from 2021 for domestic fires.

[waldron] 20/2/2020 16:56

Iron Ore 86.15USD 0.45(0.52%)
Gold COMEX 1,624.10 +0.76%
Silver COMEX 18.37 +0.29%
Platinum NYMEX 983.40 -2.10%
Copper COMEX 2.59 -0.81%
Brent Crude Oil NYMEX 59.36 +0.41%
Gasoline NYMEX 1.77 -0.46%
Natural Gas NYMEX 1.99 +0.91%
WTI 53.91 USD +0.30%


Rio Tinto
4,209.5 +0.19%

Bhp
1,677.2 -0.85%

Anglo American
2,122.5 +1.65%

Glencore
228.95 -1.31%