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Waiting for 437. that's the 200 dma.. once it gets there, it's off and running, but we may see it bounce off that for a week of so.
Ouch!
Well, we will have to change the way we declare our “returns of capital” then.
Personally, I could have done without this this year as HUR acquisition by PRAX was mainly settled via dividend payments. No 8.75% for me I am afraid, but 33.75%, if lucky, on an extra 5K, bvgg€r!
Till now I relied on DEC for best income but that has dramatically changed recently, as TerryM1 would know. I still have PHNX and MNG amongst the most generous.
However, I am happy to remain invested here. I even increased my holding when the SP went below 400.
GLA
🐸
Looking on the brighter side, silver lining and all that.
Based on that and the already massively slashed dividend there’ll be bugger all tax to pay anyway! Lol
Yesterday i sold out of Glen to jump ship for the Taylor Wimpey dividend (4.79p). Given their yield and that when interests rates lower house sales will rise, their should be a decent capital increase before long.
Maybe i’ll come back to Glen later in the year for the much longer term. But right now before the split it feels like treading water.
UK plc should get it’s act together. Be nice to
Mine the materials, make the batteries, build the cars and recycle them all within one business. Even Tesla don’t do that because mining to too hard to get into.
Glen could become HUGE if they bought someone who makes EVs!
Imo of course and i am sometimes dumb!
Https://www.reuters.com/world/europe/glencores-ex-head-oil-loses-uk-legal-fight-over-tax-2024-03-26/
HMRC have have won their case so it is ordinary dividend for tax so 8.75% for basic rate taxpayers.
Not yet we got a good run coming over next few months
There's talk of the Oil Bull run Slowing down,
If that helps
Eviking, some of those investor comments don't make a lot of sense. If offloaded, each investor can decide whether to keep or sell. In other words, investors can diversify on their own, they don't need Glencore to do that. The era of big conglomerates being a good idea is over. At the moment, quite a few institutionals don't want to touch Glencore for ESG reasons (mainly the coal). More investor interest surely has to be a good thing. Coal listed somewhere more open to coal will surely improve the multiples, hence worth more than as is. Anyway, just my take. Should be offloaded!
Https://www.reuters.com/markets/commodities/more-investors-push-glencore-keep-coal-post-teck-deal-2024-03-22/
At the same time Peter Coates will not seek re-election at an annual general meeting on May 29, and will retire from the board on that date. Coates joined the board on its initial public offering in 2011. "Peter's retirement marks the end of two long eras. First, it ends a career in mining that goes back more than half a century. Second, it completes a thirty-year association with Glencore, which started in 1994 when he was appointed to lead Glencore's then embryonic coal industrial," Chair Kalidas Madhavpeddi says.
I would like to see it offloaded and I am sure getting my fuciking money back
Nice one, those regular divis adding up then, top man
Day yes I have matey
'sneaky feeling' call was spot on LoanRanger, crawled up a few pennies since your exit but no so far that a new entry out of the question. What sort of figure you aiming for to climb back aboard?
You still got all your Bp Billy?
Am Thinking of trimming a few of them, or glenda this year to use upthe CG allowance, cant decide which between them.
AI that won't break the bank
MU. Thank me later.
Feds keeping rates un changed, better day tomorrow for you guys:)
Rock on Billy :)).
BP rocks great divi too ;-))
Good day for the BP,ers
Sorry can't kill a beautiful specimen like wild fish
Too MANY? Evi, please do reconsider your language lol
Sports fishing good in those parts, but that seas a bit 'swelly'
Scott i guess you mean to many saint patrick day pints lol
Thanks Evi, I'll have a look, trouble is I go a bit green once it gets choppy out there ,
I'll look for a BIG boat :)
Scott a recommend doiing a bit of sports fishing !! Great fun for a dayout
Yeah yeah
KP,plus One's has got to Park the' Boat Some'h'where .'
:))).