Glencore Share Discussion Threads

[waldron] 12/8/2020 10:33

foxy22
12 Aug '20 - 10:20 - 2718 of 2720
0 0 0
More relevant to b h p Rio and Anglo....
Glencore no iron ore






Do you hold Glen

[waldron] 12/8/2020 10:29

We GLENCORE produce and market a diverse range of metals and minerals – such as copper, cobalt, zinc, nickel and ferroalloys - and also market aluminium/alumina and iron ore from third parties.

[waldron] 12/8/2020 10:22

it is a trader though


Glencore plc specializes in producing and distributing metals, minerals and petroleum products products, primarily for the automotive, steel, and food-processing industries. The group also offers logistical, supply, and financing services. Net sales break down by family of products as follows:

- oil products, coke and coal (61.1%);

- metals and minerals (38.9%): aluminum, zinc, copper, alumina, iron alloys, nickel, cobalt, etc.

Net sales are distributed geographically as follows: Europe (35.2%), Asia (38.6%), Americas (17.7%), Oceania (4.7%) and Africa (3.8%).

Number of employees : 160 000 people.

[foxy22] 12/8/2020 10:20

More relevant to b h p Rio and Anglo....Glencore no iron ore

[sarkasm] 10/8/2020 11:44

[United Kingdom] GLENCORE PLC (GLEN)

Real-time Estimate Quote. Real-time Estimate CHI-X - 08/10 11:40:40 am


172.29 GBX -1.30%

Still some way to go to get to the 167.50p support though

[waldron] 10/8/2020 09:49

lOOKS LIKE IT MIGHT WELL HEAD TOWARDS THE 167.50p support

[plat hunter] 10/8/2020 09:27

175 is week, down to the next box I reckon

[plat hunter] 08/8/2020 12:20

*Over a dividend

[plat hunter] 08/8/2020 12:19

I imagine most of those targets are based in Divi of circa 11%Give it a couple of weeks, to see how they reiterate their coverage.Copper and cobalt are almost going under the radar at the moment, huge demand and falling production, especially out of Zambia.Will be interesting to see how these broker view a copper war chest over a dividend.

[waldron] 08/8/2020 08:16

THE WISH LIST GIVING BOXES,Supports and Resistences to determine channels and trends together with broker targets which might of course make you smile or and smirk


100 to 130p
130 to 160p

160 to 190p$$$$$$$$$$$$$WE ARE HERE$$$$$$$$$$$$$$$$$$$$$$ Jefferies target is 190p

190 to 220p JP Morgan has a target of 200p whereas Goldman SACHS and BARCAP have a 220p target

220 to 250p Deutsche Bank has a 240p target

250 to 280p
280 to 310p
310 to 340p

Resistence 196.20p

Support 175.10p To be confirmed whether broken next week with next support being 167.50p

June end share price 171.22p

july end share price 174.64p





30/10/2020 Glencore Third Quarter Production Report

[waldron] 08/8/2020 07:19

Gold COMEX 2,153.60
Silver COMEX 28.23
Platinum NYMEX 970.40
Copper COMEX 2.86
Brent Crude Oil NYMEX 48.53
Gasoline NYMEX 1.32
Natural Gas NYMEX 2.44
WTI 41.53 USD -1.21%


FTSE 100
6,032.18 +0.09%
Dow Jones
27,433.48 +0.17%
CAC 40
4,889.52 +0.09%
SBF 120
3,869.15 +0.12%
Euro STOXX 50
3,252.65 +0.28%
DAX
12,674.88 +0.66%
Ftse Mib
19,516.43 +0.21%


Rio Tinto
4,669.5 -1.07%


Bhp
1,764 -0.85%


Anglo American
1,887.8 -2.17%



Glencore
174.56 -3.21%

[grupo guitarlumber] 07/8/2020 16:42

Price (GBX)
174.92 -3.01%

Open / Last close
179.00 / 180.34

High / Low
180.62 / 173.78

Bid / Offer
174.90 / 174.92

OBVIOUSLY CONFIRMATION OF POSSIBLE FALL THRU SUPPORT NEEDED NEXT WEEK

[plat hunter] 07/8/2020 16:35

Closing below 175 is significant, look out for after hours trades

[grupo guitarlumber] 07/8/2020 11:34

Glencore (GLEN)

Share Price: 175.60

Change: -4.74 (-2.63%)

[plat hunter] 07/8/2020 11:33

Well I am also very simple ;-P

[imastu pidgitaswell] 07/8/2020 11:29

2693 - good comment. Simple ones are often the best.

Staying out until it slows the rate of descent, at the very least.

[grupo guitarlumber] 07/8/2020 11:17

adrian j boris

6 Aug '20 - 15:49 - 2697 of 2702
0 3 0

could there be major support at 175p


ME THINKS SO

[plat hunter] 07/8/2020 11:13

175 is looking dicey.160's on the cards perhaps

[williamcooper104] 07/8/2020 00:30

Is called buying stock in treasury

[pander45] 07/8/2020 00:29

This will drift down with no divi and troubles with the bottom line too....

[gxgxx] 06/8/2020 16:37

Just a thought - Glencore makes a lot of money trading - Maybe they have a 'secret' arm that trades their own stock??? I bet they have made a killing these last few days...;-)
Seriously if they are using the Dividend cash to trade for the next 6 months then the end of year figures will be even better than Stellar!!!
The next dividend when reinstated will be worth waiting for.

[adrian j boris] 06/8/2020 15:49

could there be major support at 175p