Previously I’ve taken profit on other holdings and then rolled them into other holdings but I just feel O&G is the place to be right now. Spights, where are those forecasts from if you don’t mind me asking? Thank you.
I’ve read a number of times that 450p could signal some profit taking. Is there a technical reason for this or is it because 450p is the 12 month high? Personally I’m happy holding, collecting and reinvesting the improved dividends.
RE: The market is a strange beast!9 Aug 2022 19:50
Totally agree MPO818 as regards annuities. Perhaps?? a safer/steadier option when retirement does come around but shares can always be passed on down the line to spouses and children…in fact I’m hoping to be a family legend in 200 years time when my original holdings are worth billions!
Our strategy has delivered strong returns for shareholders over time. It has demonstrated resilience through the pandemic and positions us well to navigate-and even benefit from the prevailing market environment. We are confident we can continue to deliver profitable growth…
With Germany, Austria, France and the Netherlands all reopening coal powered power stations I’d expect similar bumper coal reporting for Glencore over the next two quarters at least.