Member Info for BilboMultiBaggin

I just thought it was a happy merry go round, death spiral.
The banks bail out the governments,
Whilst the governments bail out the banks
And the whole time telling us everything is under control

I’m only holding 25% of my shares now.
Sold 25% back in January @. £6.34
Sold25% last week at £6.14
And sold 25% this morning at £5.84
I will be looking to buy back in at some point, but with the markets being the way they are at the moment, sitting on the fence seems more attractive to me than the dividend
Good luck all

**one**

I started buying a small position into this, this morning.
Not all those red trades are selling trades… at least of of them is a buy

RNS Number : 9168U
Glencore PLC
04 August 2022

Glencore plc

Baar, Switzerland

4 August 2022



Share buy-back programme



Glencore plc (the "Company") announces the commencement of a programme to make market purchases of its ordinary shares (the "Shares") of an aggregate value of USD3 billion (the "Programme"), subject to market conditions, which may continue until the 2022 full year results are announced in February 2023

Lol that was a UT trade…..Not a £50m buy

Market might not like it, but I do.. that’s almost 20% of my initial stake :-)

I’m not saying either of those two articles, are the reason behind Glenda most recent dip from her all time high,
But they seem a lot more plausible than all this talk of market maker manipulation, and it’s being held back for update tripe.
But it’s most likely just consolidation, as I haven’t yet seen anything to suggest, the bull run Glenda has been on since summer 2020 is coming to an end.
That’s what.

WORLD NEWS
JANUARY 20, 2023 / 11:50 PM
Glencore copper mine in Peru suspends operations after another attack
LIMA (Reuters) -Glencore’s Antapaccay copper mine in Peru suspended operations on Friday after protesters attacked the premises for the third time this month, the global commodity giant said, as social unrest in the South American nation continued.

BUSINESS NEWS
JANUARY 30, 2023 / 05:39 PM
Glencore sells Russian aluminium into LME storage, sources say
LONDON (Reuters) - Commodity trader Glencore has delivered 40,000 tonnes of Russian aluminium to London Metal Exchange-approved warehouses in the South Korean port of Gwangyang, two sources with knowledge of the matter told Reuters.

Switch off then, and go out and enjoy your day:-)

Sold25% of my shares here this morning, which is my trading pot.
So no doubt this will continue upwards next week

Not all trades are reported correctly

Trouble is moon, this plan you talk of. Running a company on borrowed money, it only works of both parties stick to their side of the deal.
So for rmm has fail to keep their end of the deal
It’s no secret that rmm’ out goings far exceed its income
And now struggling to pay the interest on its loans, not only that but now it will also have to pay the interest on the interest of its loans,
If rmm cannot find a solution with its lenders, how long do you think it will be before rmm run out of cash?

In my experience the sp dips on ex divi date not the payment date

WORLD NEWS
DECEMBER 05, 2022 / 08:00 PM
Oil tankers queue up off Turkey as price cap on Russian crude kicks in - FT
(Reuters) -Oil tankers formed a traffic jam off the coast of Turkey on day one of the West’s price cap on Russian crude, with Ankara insisting on new proof of insurance for all vessels, the Financial Times reported on Monday.
Around 19 crude oil tankers were waiting to cross Turkish waters on Monday, the report said, citing ship brokers, oil traders and satellite tracking services.

So I think the lesson I have learned today is that, it’s ok to make vast amounts of money supplying Russia with everything it needs to start a war over the last 15-20 years , yet morally it’s wrong to take money away from putin s war chest that helps him to afford all these weapons in the first place

Looks to me as though bp are dammed if they pull out of Russia and dammed if they don’t… I mean if bp just walk away, give the £600m back to putin. Won’t that be funding Russian terrorist.
Where as keeping their stake in rosneft, and not funding anymore of their projects and taking their dividends, won’t that mean Russia has less money to spend on explosives
but hey Wtfdik

I’m not sure the exact % but I’m sure BP are only allowed to buy back a certain % of any day’s volume

Would be nice to see some of last week’s momentum spill into next week and leave the fiver’s behind us especially with announcements made regarding the relaxation of some regulations.

Just look what happened last time rmm got themselves into financial trouble, right before TB took over. Simple case of rinse and repeat. And that’s what keeps the greasy wheels of the aim world spinning
I never said rmm would go bust, although that is a possibility.