3Mes·

What is your opinion of Glencore $GLEN (-1,81%) ?

Personally, I have increased my position somewhat, given what I think is a favorable price at the moment. 🚀💪

What does Glencore actually do?

We produce, recycle, source, market and distribute transition metals and minerals that are critical to the transition to a low-carbon economy and to meeting the needs of everyday life.

4 Commenti

Dividendenopi👴@Dividendenopi

3Mes

Take a look at the article by @topicswithhead from yesterday

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ThemenmitKopf@topicswithhead

3Mes

@Dividendenopi glencore is not a normal mining company now, but in the industry where they operate, they make so little money that even companies like VW look good

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Dividendenopi👴@Dividendenopi

3Mes

@topicswithhead That's clear as far as the allocation is concerned. My point was your assessment of glencore, which I share. Unless there is another global event like in 2022, they are bobbing around in the equity landscape with their weak margins and, in my view, are by no means a good place to invest

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Epi@Epi

3Mes

Patience. The commodities boom will come at some point. Then the margins will shine again.

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