Member Info for billybigwig

Grown up re listing I'm pretty sure glencore listed in 20011 around may

Grown up my referring to cobblers was you sticking with glencore that's all. if your so disgruntled with this company why would you stay with it? That's all ..

That is an absolutely good point ..but again sell,cut your losses no one is forcing you to hold are they? You state your a long term holder why didnt you bail at say £3?

Grown up I will keep going thanks for acknowledging I'm funny I do try to bring a little fun to this board ..I see your user name is completely the opposite :-)))) re glencore you ate talking cobblers if your so fuqed off with this company SELL! There are 100 companies in tbe ftse100 alone try your luck in any one you could be doing a lot worse you could be in airlines..banks...or what ever

The only reason I hold is I am determined not to give in to this fraud...we your sure showing them a trick or two

Well it will have more debt its borrowed more money to buy stock oil and sell at a profit 2 billion so far Kinell@

Glencore Plc ditched its annual dividend after net debt surged because the commodities giant poured money into its trading business to cash in on volatile price swings....well it will have more debt if its borrowing money to buy cheap oil to sell at a profit once their trades are sold the debt is paid off that's business all over revolving credit

The company put the payment on hold earlier this year as it moved to protect itself from potential shocks from the coronavirus pandemic. Glencore bet heavily on oil when prices collapsed earlier this year, leading to record gains but also a spike in its debt. That, combined with uncertainty over the near-term outlook, prompted a decision to cancel the dividend.

It went all in on trading during the worst of the pandemic, with the board taking the unusual decision to increase limits -- raising the risk of losing more money than usual but also providing room for bumper gains. The bet paid off: Glencore’s trading business earned $2 billion in earnings before interest and tax, double the returns it made a year earlier, the company reported Thursday.

However, net debt rose to $19.7 billion, well above a target of between $10 billion and $16 billion. Glencore shares fell 4.1% by 8:17 a.m. in London, extending this year’s decline to 20%.

mystic.. yeah just look at BP. today under £3 again today half a divi and no direction but i do agree with you

Eviking GSK is ex dividend next week 13th it should :-))) it might ;-))) tick up! to £16 plus for you next week ..and me I've picked up a few this morning :-)))

Eviking you still got your GSK?

So markets down so tomorrow an up day ? See what the fat yanks think of this later

morning Ben well the latest RNs says no so ill going with that... so 9 months to next div :-)))))) hmm so much for this virus not affecting Glencore production

Funny how the loss is the same price has the dividend..creative accounting to throw off the SFO.. sneaky fuqs

Ben no divi this year they are going to reduce their debt to under 16 billion

Amazon boss sold a few shares

Trump on Bloomberg..

Breath..re bird in tbe hand ..is she a blonde or brunette? ;-)) yeah of course cash in tbe hand is always good after a rise it's good to make a profit

Divi is 10cents share36..if it's getting payed but if we getting both (I doubt it tbough) it could be 20 cents

There was a 10 million share buy at 5.50pm recorded

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