Member Info for LivintheDream

I have some cash kept back should russia invade. Putin has been pushing the boundaries of international law more and more in recent years, the litvenenko and salisbury poisonings, the shooting down of the malaysian plane (over the ukraine), invading the crimea penninsula.....and nowt but sanctions!!!!! Not sure if this posturing to strike a deal with NATO...who knows, but it will create carnage and uncertainty in the markets, but Glen could do well trading oil and gas and other commodities....it was less than 2 years when oil turned negative, and Glen hired some supertankers and got paid to fill them up in the gulf of mexico, before waiting to sell them on the open market when the price turned positive....how many companies have that kind of capacity.....

I see BHP have voted to leave London, leaving a rather large hole to filled in FT 100. This may draw investors towards GLEN with a smaller pool of miners to select from......decent results over the next few weeks could pull a few in!!!!

It would be a strange takeover, as BHP would effectively be buying back the same columbian coal mine that they sold to Glencore only last week!!!! ....still, clearly Glencore has further to go and must be considered currently undervalued....IF the green revolution takes off as planned....

https://www.thetimes.co.uk/article/glencore-glitters-as-bhp-seeks-transformative-deal-qpfdgrb28
The Times link above states BHP is looking at a bid/offer/M&A for Glencore......perhaps that explains that sudden spike in the sp mid afternoon.....could be interesting tomorrow morning!!!!!

the last trade on board for 4 shares, is Tom starting a share buyback to lift the share price?

from SOB comments taken from the AGM....with additional parties interested in GPA, why is Tom Touting GPA in London....is this for financial backing to move it forward?

This is a definite edginess in the markets at the moment and when new ground/highs are broken. Glencore is in a strong position with strength in core markets, lower debt and a good hedge against inflation.......the thing that concerns me the most is if Russia invades the Ukraine.....the markets will tank...and what then!!!!

Just over over weeks till results day and divi declaration....they have already stated they expect to exceed the top end of guidance range....just need it to hold above £4 .....and it should push higher again...also, have they finished the share buyback programme, last RNS on this was 7th Jan....no doubt they'll announce another buyback programme after results on the 15th Feb....

not sure why Glen is down today when copper is up 1% and coal up 4%???

https://www.ig.com/uk/news-and-trade-ideas/could-the-glencore-share-price-soar-as-the-ev-revolution-acceler-220105
It's all looking bullish for glencore!!!! And Gary Nagle expects to Glencore to exceed the top end of the 2021 guidance range!!!!!

I accepted on 21st dec, and just been paid out by HL and Halifax....

The last annual report stated that Returning money to shareholders would be a priority in 2022, above new aquistions.
The current dividend is too low in comparision to other top commodities metal miners such as Rio, BHP, so the divi should be raised/comparable with these miners to attract income investors.
Don't forget, BHP shareholder vote on 20th Jan on delisting form the London market and have a sole listing in Sydney. The board have approved this move, but shareholders have their say on the 20th. Should BHP delist, I would expect some money from such FT100 commodities funds to move to GLEN/RIO/ANTO, and so expect the SP to move to up if BHP delist....well that's my thinking.....after a few months trading between £3.50 and £3.80, we just need some upwards momentum to move it to the next level

https://www.thetimes.co.uk/article/share-tips-for-2022-place-your-bets-on-the-movers-in-the-market-c0rfqwtw7
The link above from the sunday Times 2022 share tips with Glencore selected, with reference to $6b shareholder returns in divis and buybacks
Looking good for 2022

SOB,
Thanks for the update, plenty of potential, just need to start converting some of the current opportunities......it'll be interesting to see what is achieved in the next 12 months or so

SOB
Can you ask for the timeframe for the decision for the when the GPA preferred route will be chosen? Tom did state last year that he hoped it would be in the next 12 months.
Thanks

Just sent a message to HL requesting them to accept the offer on my behalf in the event of no accept button being available on my account.
Wonder when the >75% RNS will be sent out, supprised it wasn't today!!

They may aswell written the takeover in manderin and it wouldn't madecno difference to me....but thanks to Dee, tomcat, john and all other informative posters who shone a light on this dubious takeover regarding the process. After all this over, i think i'll go back to the premium bonds....good old Ernie!!!!!

They may aswell written the takeover in manderin and it wouldn't madecno difference to me....but thanks to Dee, tomcat, john and all other informative posters who shone a light on this dubious takeover regarding the process. After all this over, i think i'll go back to the premium bonds....good old Ernie!!!!!

John,
I am not vastly experienced investor, and have been confused from day 1, and even more so now with no RNS confirming >75% acceptance, and thus have been trying to take in all informative posted here to make an informed decision. My concern is that we will be in no-mans land between 75 & 90%, but suspect the suspension this morning is a strong arm tactic to get them over the line...wherever that is now....i will ring HL again tomorrow and ask them for more details/schedule of events upto payment.....

I can still accept and just have on my Halifax account, but have no option on my HL account. Rang HL this morning and they said it accepting or not, would make no difference as it is closed and the T/O approved....

Are there any financial benefits of being a shareholder in a delisted company?
If you can't sell your shares, and if the company does not buy them from you....is there anypoint in not accepting the curent offer (which so far i haven't)??