jaja
29 Sep 2015
RNS in WRES just now (bouncing back up) people selling coz they didnt read the RNS. its massively GOOD news as 200% better profit (see RNS). licence news a days delay but wont be long.
dotlink
29 Sep 2015
GLEN makes AAL, LMI, ANTO and KAZ a lesser risk and a better play
dotlink
29 Sep 2015
glencore has drop 27% in hong kong listing so do that bode well for a rise when the market starts in london?
dotlink
29 Sep 2015
not even the dividends going to cover my lost today ffs
dotlink
29 Sep 2015
i bet Harris Associates L.P. must be kicking themselves for buying more shares last week, and i am kicking myself as i am about £2k down grrr
dotlink
29 Sep 2015
the shorts have increased to 3.51% since last month and thats only 500 million shares being shorted how can the sp go so low, i am hoping for a 20% bounce 2morrow morning and then sell and buy back at lower price bceause it look like this is what everyone will be doing
dotlink
29 Sep 2015
AMI NAV is around £4 per share so how did the sp go down to the the teens and then delist and bankurupt and i lost a few k's, surely this can't happen here like AMI as its in ftse100 and i am a few k's down and also LMI
LMIGKP
29 Sep 2015
£1.75 per share tangible book value
LMIGKP
28 Sep 2015
today was the perfect storm of bad press bad macro data and a rubbish realisation of a small capital asset sale
LMIGKP
28 Sep 2015
basically Investec have about as much clue as the next dog on the street willing to hump anyone for a few quid
LMIGKP
28 Sep 2015
Glencore PLC 13.3% Potential Upside Indicated by Investec Posted by: Amilia Stone 6th July 2015 Glencore PLC with EPIC LON:GLEN had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Investec. Glencore PLC are listed in the Basic Materials sector within UK Main Market. Investec have set a target price of 282 GBX on its stock. This now indicates the analyst believes there is a potential upside of 13.3% from the opening price of 249 GBX. Glencore PLC has a 50 day moving average of 290.13 GBX and a 200 Day Moving Average share price is recorded at 299.63 GBX. The 52 week high share price is 379.45 GBX while the 52 week low for the stock is 236.2 GBX.
LMIGKP
28 Sep 2015
Glencore Woes Could Spawn Chinese Rival to ABCD Glencore’s decline could hand China a bigger share in the global agricultural commodities trade. In its debt-reduction plan, the commodities group said it could raise $2B through disposals, including from its agriculture arm. It has reportedly hired banks to hawk a stake in the division. Any interest will likely come from China, says Andrey Sizov at SovEcon, citing a government-backed expansion drive that has seen Chinese firms buy up agricultural assets. One potential suitor is state-owned China National Cereals, Oils & Foodstuffs Corp. “If it’s Cofco than we clearly see a new agribiz giant, comparable to ABCD,†Mr. Sizov says. ABCD denotes four firms--ADM, Bunge, Cargill, Dreyfus--that dominate global trade in agricultural commodities.
LMIGKP
28 Sep 2015
The cost of insuring Glencore’s debt has surged on renewed fears that the company may need to announce even more drastic measures to cut net debt if commodity prices remain at current low levels or even fall further. Investors had to pay Monday more than $770,000 to insure against $10 million of Glencore debt for five years using credit default swaps, or CDS, according to Markit. This is nearly 40% higher than the $554,000 on Friday and multiples above the $154,000 at the beginning of the year. An equity analyst at a U.S-based investment fund said “counterparties are looking to hedge their exposure by buying protection, so they are buying [the Glencore CDS ]... as well as shorting the stock.
LMIGKP
28 Sep 2015
i put £500k in GLEN, GKP, LMI, TLW and KAZ. 3 years ago and I have the square root of F all left . The entire sector has been destroyed in the past couple of years
jaja
28 Sep 2015
WRES !!!
