Member Info for billybigwig

You can't have green and clean without down and dirty

By December 2022 debt to 3.5 billion that would have glencore at?

Net debt to 8.5 billion what price glencore then £7?

Glencore has the highest exposure to base metals and copper, which account for 40% of underlying earnings (EBITDA), among its UK competitors, so there are more upside risks in terms of supply of copper and nickel due to an accident at Norilsk over the weekend.

The investment bank added that Glencore retains higher regulatory and ESG risks than BHP, RIO and Anglo American, but an improving operational outlook and surging earnings momentum create a low bar to the revised price target of 350p even under conservative commodity price forecasts.

“GLEN’s investment case is more intrinsically linked to its leverage than peers in our view, due to the debt funding demands of its marketing activities,” analysts noted.

“On spot we forecast net debt falls to US$8.5bn at December 2021 and US$3.5bn at December 2022 versus US$16bn at December 2020.”

Yeah clocked it ..its going to go higher to

Copper price today 2011 and glencore was £4.80 ...so much for glencore falling copper

A new all time high is coming ...

Dan.yeah Google does that sometimes check on your trading platform thatll give you the price

Troajan no smoke without fire i reckon glencore and co are going to be epic ..its about time

Not complaining its all good :-)))

Troajan didn't youbpostvthexsecond one the other night ive seen that Kitcobo one the other night

Qz/troajan yeah spot on my figuring is £3.40 should come quickly if these commodities carry on and they look to

Eviking sold GSK 10th of February at £12.69 my buy price was £15.37..... 2000 shares ..so lost just over 5K its better than holding on to it I reckon there is further down side its been on a slippery slope for a while plus as you ive no confidence on tbe CEO

Eviking I mean I dumped before the 18th

Eviking no I dumped before this last divi on tbe 18th I knew it was going to go lower

https://www.fool.co.uk/investing/2021/02/20/glaxosmithkline-the-gsk-share-price-is-down-12-in-a-month-should-i-sell-my-shares/

Eviking think motely fool are are copying what I said a few weeks back :-))

Gsk

Eviking took a 5k hit on my gsk can see it heading into £10 to £12 range i can't see any upside in it yet and to many what ifs sad really GSL used to be dependable

Eviking yes ill have made my million