Author Topic: GlencoreXstrata - GLN  (Read 40940 times)

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: GlencoreXstrata - GLN
« Reply #15 on: November 26, 2013, 12:08:00 pm »
 :'(  :wall:  :wall:
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: GlencoreXstrata - GLN
« Reply #16 on: November 27, 2013, 08:42:34 am »
 :mad:
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: GlencoreXstrata - GLN
« Reply #17 on: November 29, 2013, 02:20:05 pm »
This one went down, thru the blue line, then thru the red line. Then turned and went up thru the red line.  :-*

I am sure some investment house will be offering me a job in the near furure. I know how to read graphs.
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: GlencoreXstrata - GLN
« Reply #18 on: December 02, 2013, 11:01:25 am »
 8)  :-[
jaDEB

If it scares you, it's a sign you need to do it

Moonraker

  • Hero Member
  • *****
  • Posts: 1095
  • Karma: +31/-0
    • View Profile
Re: GlencoreXstrata - GLN
« Reply #19 on: January 06, 2014, 01:25:24 pm »
JaDEB, I think you picked a good one for the challenge (GLN) for 2014. If I were to take part I would also pick GLN as one of mine for 2014 - not for the long term though.  8)




jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: GlencoreXstrata - GLN
« Reply #20 on: January 06, 2014, 01:39:08 pm »
Thanks Mr. Bond. I also have it in my portfolio. 100%.
jaDEB

If it scares you, it's a sign you need to do it

Bevan

  • Full Member
  • ***
  • Posts: 216
  • Karma: +19/-0
    • View Profile
Re: GlencoreXstrata - GLN
« Reply #21 on: January 07, 2014, 09:53:29 am »
jaDEB, Ivan Glasenberg is a very clever man who learnt much of what he knows from Marc Rich and his crew. When you get on the phone with  Ivan and his generals prepare to be shouted down into submission. Glencore makes their money from trading which basically means having legions of people on the ground reporting into their offices in Baar, Switzerland up to three times a day. They then take outsized positions in the financial markets by having a physical information edge or owning a physical squeeze. Google the famous Glencore Arcadia oil squeeze.

Before they bought Xstrata their mining assets were pretty poor and they just used them for trading leverage. Now that Ivan actually has to run a mining business and they are a public company, Glencore will simply not be able to perform as well as they did before i.e. under the white light of transparency. Expect to see them more active in places like the DRC where not so many analysts like to go. However, they should be able to perform just as well as any other major mining house, if not better. They are massively exposed to thermal coal and zinc and would like to be more into oil and iron ore.
Audi, vide, tace, si vis vivere in pace. Pax vobiscum.
Happiness belongs to the self-sufficient - https://www.thrivecentre.co.za

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: GlencoreXstrata - GLN
« Reply #22 on: January 07, 2014, 11:15:41 am »
Thanks, just sold my OCE and bought more GLN. Every time I read it is about the frikkin goverment getting involved in the fishies ..... OCE has been going up for years, I buy it and it goes down 18% ...  FFS

 
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: GlencoreXstrata - GLN
« Reply #23 on: January 08, 2014, 10:03:17 am »
2014 CORPORATE CALENDAR

Glencore Xstrata plc announces the dates of its corporate calendar for 2014:


Corporate event                                                Date (all 2014)

IMS and Fourth Quarter 2013 Production Report                  Tuesday 11 February
Preliminary Annual Results 2013                                Tuesday 4 March
IMS and First Quarter 2014 Production Report                   Tuesday 6 May
Annual General Meeting                                         Tuesday 20 May
IMS and Second Quarter 2014 Production Report                  Wednesday 13 August
Half-yearly Report 2014                                        Wednesday 20 August
IMS and Third Quarter 2014 Production Report                   Tuesday 4 November
2014 Investor Day                                              Wednesday 10 December
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: GlencoreXstrata - GLN
« Reply #24 on: January 10, 2014, 02:56:49 pm »
 :TU:
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: GlencoreXstrata - GLN
« Reply #25 on: January 13, 2014, 11:13:31 am »
 8)
jaDEB

If it scares you, it's a sign you need to do it

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: GlencoreXstrata - GLN
« Reply #26 on: January 17, 2014, 01:46:36 pm »
I do not know why GLN is going up like this, or the others like Billiton. But I appreciate it.
jaDEB

If it scares you, it's a sign you need to do it

Moonraker

  • Hero Member
  • *****
  • Posts: 1095
  • Karma: +31/-0
    • View Profile
Re: GlencoreXstrata - GLN
« Reply #27 on: January 17, 2014, 02:27:35 pm »
Told you you picked a good one. Now why didn't I do that.


jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: GlencoreXstrata - GLN
« Reply #28 on: January 17, 2014, 03:11:58 pm »
Thanks Mr Bond. Hope my good fortunes continue ...   O:-)  :TU:
jaDEB

If it scares you, it's a sign you need to do it

Bevan

  • Full Member
  • ***
  • Posts: 216
  • Karma: +19/-0
    • View Profile
Re: GlencoreXstrata - GLN
« Reply #29 on: January 20, 2014, 07:44:33 am »
I do not know why GLN is going up like this, or the others like Billiton. But I appreciate it.

All resource stocks doing very well this last week as investors look for value. Resources performed badly last year and on P:E terms are showing value now. Anglo American was the superstar last week. However, resources are not going to hold this year. China is cutting back on its steel sector and coal also looking weak going forward. Parts of Anglo are going to be sold off this year. Watch this space.  8)
Audi, vide, tace, si vis vivere in pace. Pax vobiscum.
Happiness belongs to the self-sufficient - https://www.thrivecentre.co.za