Member Info for nimrod22

with spare cash will clean-up. Let the price drop further and deeper.

There was bound to be a rally after such a large drop; suspect that longer term GLEN will come out ok as they are still making plenty of cash. "Glencore is a cash machine and dirty coal helps. It will generate half its market value in free cash flow in less than three years, says Deutsche Bank".

despite sp fall over the last 12 months, the numbers for SLP are good, with a handsome dividend as well: -
157% increase in share price over 3 years.
800% increase in share price over five years.
107% compound annual growth rate of cashflow over 5 years.
96% Compound annual growth rate of earnings per share over 5 years.

Vol. Sold 12,183,419. Sold Value £54,394,484.14
Vol. Bought 21,952,638 Bought Value £97,715,419.90

"The 17 analysts offering 12 month price targets for Glencore PLC have a median target of 599.56, with a high estimate of 769.70 and a low estimate of 470.33. The median estimate represents a 30.00% increase from the last price of 461.20".

vast profit making company at a low buying-in point share price.

https://miningdigital.com/supply-chain-and-operations/green-hydrogen-to-spur-platinum-demand-by-2030
https://www.fitchratings.com/research/corporate-finance/china-aims-to-restore-car-demand-with-strong-fiscal-stimulus-13-06-2022

PE Ratio (f) of 3.1 according to stockp.... listed with a superstock rating.
in the oversold zone of the relative strength graph, a good buying-in point to a company making very large profits.

I looked, but didn't see that the board rushed to buy any shares, maybe I missed it (other than giving themselves some more share options). SP down 75% since November, that must give an indication to the average punter.
Yield zilch, operating profit minus zilch, turnover zilch, and none of it appears to bother many posters on this site.

https://www.etftrends.com/tactical-allocation-channel/green-metals-could-be-gold-for-long-term-investors/

https://newswwc.com/automotive/cars/jm-predicts-smaller-platinum-surplus-palladium-and-rhodium-deficits-et-auto/

Current Price £801.90. Week Change 5.75% £+43.62. Week high £808.67 Week low £749.79.
Current Price $1,003.00. Week Change 5.28% $+50.27. Week high $1,014.00 Week low $942.53

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/high-energy-prices-turn-metals-supply-chain-into-global-inflation-engine-69360838

https://www.autonews.com/china/beijing-rolls-out-60-billion-yuan-tax-incentive-revive-car-sales

https://etfdb.com/gold-silver-investing-channel/palladium-and-platinum-present-chaos-opportunity/
https://platinuminvestment.com/files/329123/WPIC_Platinum_Perspectives_May_2022.pdf

"It could be just weeks before Shanghai – a manufacturing superpower, and home to the world’s biggest cargo port – returns to life". Headline in newspaper today; should lead to a surge in commodity prices again.

"With that in mind, hold gold. Hold things that are seeing their prices rise from supply crunches, such as fossil fuels and commodities. And absolutely crucially, expect volatility — and regular recession scares. There was a lot of that about in the 1970s — and there is going to be a lot of it about in the rest of the 2020s.".

https://www.ferrexpo.com/media/hxkfwfsp/2020-05-28-dividend-letter-2019-final-ordinary-final-02-07-20.pdf

https://financialpost.com/pmn/business-pmn/palladium-to-swing-back-into-deficit-platinum-surplus-to-fall-metals-focus

https://www.proactiveinvestors.co.uk/companies/news/982312/jubilee-metals-says-on-track-to-meet-pgm-output-target-solely-through-its-own-operations-982312.html