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.
The price of oil will probably still be at elevated levels so I’m hopeful the Q3 results will still be stellar. IF results are down then any rise in the dividend may not attract as much media controversy.