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From 23rd of January to 23 February barclays £7 to £10 .. what's changed? Do they they know summat, I mean in 4 weeks it's valuation of BP has gone up £3 quid I'll just keep holding where there smoke there's fire :-)) funny how things change BP was under £2 not long ago doomed you might say the electric car revolution will kill it ....according the analyst's now it's the bee's knees..morons! Roll on £10
Eviking .yes it is ...its a traders delight I have said this all along .. no more long term holding for me done that got the T shirt ..(he says holding BP down to less than £2 from £4.50 and a reduced dividend :-*) wait for bottom and buy or where you think bottom is £4.90s £5 £5.20 . Casual re dividend I don't bother now mate if I wanted 4% yearcin year out I'd buy a fixed rate bond.. .re special divi we can trade the divi in a day on some days I used to hold a good chunk of these and pat myself on the back on ex dividend day then watch the SP drop off a cliff way more than the dividend that kind of Stress I don't need I trade when I feel like now Casually pardon the pun Casual :-))
I'm saying nothing...last time I said what we looking at .I was slated
Day ...target for BP as got to be £7 from here definitely
When it settles ...patience ;-))
It is time to stop buying Glencore PLC (LSE:GLEN), that’s according to analysts at UBS, who today downgraded the miner and commodities trader to ‘neutral’.
Despite its stock being up 50% since the beginning of 2022 and outperforming its competitors by 20%, analysts at UBS point to a weaker near-term outlook for thermal coal and cobalt prices which the Swiss bank’s team reckons lead to a more balanced risk-vs-reward profile.
Nevertheless, the bank added that Glencore is still deemed to be “preferred” compared its peers due to its ‘favourable’ commodity mix and near-term cashflows.
Glencore is set to release its full year financial results next week, on 15 February, and UBS is predicting it will pledge some US$7.5bn of cash returns to shareholders comprising US$5bn of dividends and US$2.5bn of share buy-backs.
Operationally, the bank reckons Glencore may lower cost guidance for copper and adjust for coal.
Dam right get on the gravy train that is the might BP ITS a long way to £10 plenty of profits to be made whoooosh.....
:-))))) just wish id double up ffs...ya live n never learn
Daytradenovice...I deserve it ...its been a long wait .. are you still holding BP?
Daytradenovice...re BP whoooooooooooooosh :-)) finally.......barclays fron £7 to £10 rating
Eviking ....re big boys let's have a little taster of a special
:-) ...at least they've cancelled out some of those buybacks that to me is definitely a step in the right direction less shares in circulation the higher the SP
A nice Special will do
At least we're making money.... look at amazon its all over the news that bubble has burst
Ade...are you on a downer
Ade on what respect. Its had its day?
For fook sakes ..
Ade..it may be a sell but someone bought it there's no sale without a buyer
Re coal if glencore dropped the coal it'd be £10 per share the trading side of glencore makes literally a fortune ..debt was keeping glenda down now coal the biggest cash cow of all and China opens up a new coal fired power station every week
This won't help glencore SP ...https://www.news24.com/fin24/companies/glencore-under-new-climate-action-pressure-over-coal-cash-cow-20230105
Day ..no mate its not me
Arrrhh ballocks and blast