Member Info for teawithsugar

you've lost almost 400k?

Brent crude oil up as much as 20%. What will be the opening price for Glencore?

I missed selling at 10.50 in the hopeful belief it would continue to 12. Held it for months after persistent decline and ended up selling for a loss at around 670p. Managed to reinvest the capital in other stock that is making up for losses in OXB. Now its sub 600... who knows where the bottom is. A very disappointing stock

solid 20p rise in the last 6 days. We'll be back to £3 in a fortnight hahaha

finally ...a win for Glencore

https://www.theguardian.com/business/2019/sep/03/australian-tax-office-loses-92m-case-against-mining-group-glencore?utm_term=Autofeed&CMP=twt_b-gdnnews&utm_medium=Social&utm_source=Twitter#Echobox=1567506240

I can imagine everyone's taken big hits. Crazy to think SP was 340 just 8 weeks ago and in the 270s just last week. Genuinely don't know why Glen has fallen so drastically in such a short time. At the same time.... still making billions and its fundamentals are sound. When that ****Trump stops creating barriers and tweeting hate at everyone, I imagine there will be quick uptake and the SP returns to high £2. A cliche I know, but a little patience may be good. I'm gonna stop looking at the sp for the time being for the sake of my health

jump to 771 at the end of May....and now inevitably back down to the same price we were at in January

Glen has put everyone through so much stress. When's the next divi due!

The key question is, have Glencore's fundamental's changed?

a few weeks ago the SP was 340, its now 250. Glen has lost 90p in 6 weeks.

BUT if it isn't due to a profit warning, announcement of debt, sudden collapse of copper price etc., then the company is still exactly the same one it was in April. Trump has single handedly caused an utter mess, but when these tariffs are lifted, the SP will surely correct to £3+ almost overnight

onward and upwards now methinksTheresa May's resignation seems to have brought some much needed stability.

if Glencore does go private, what do y'all think the purchase price will be?

Yep. Just loaded up some more at 262 for at least a medium hold
this current price is not representative of Glen's value

any news due on anything soon? It's dropped to sub-700 and stayed there for the past half year.

broken 300 , now we await bank holiday and next week.

Rise to the sky

well done to those who rode it out and withdrew fingers from the sell button at 300. GLEN has rebounded as I reckoned.

She does love to play games doesn't she haha

I'm still holding

Been with her for too long to know how she works. Drops 4% one day, recovers the next. Drops 10% in 3 days, yet also went from 310s to 340 in the same amount of time. Fundamentals are sound and investigations are commonplace. In some ways this level of scrutiny should boost the SP with the amount of transparency! A little touch of patience, GLEN will return to 330 in 2 weeks ;)

what are we saying lads & ladettes?

hold till next week or sell COP today?

drop of 3% yesterday, back up by almost 3% today. Glen back up to 330

well done to those who got in yesterday

OXB up 9% today on NO NEWS. I wouldn't be surprised if she hit 500... or 900. Just keep hodling I guess, results are out next month.

2018 results due on wednesday morning just before markets open,
with sp at 303, i'm quietly optimistic.
It's a good time to be holding Glenda, even if she is a frigid one!