5Mês·

What is your opinion of Glencore $GLEN (-0,53%) ?

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 Comentários

Dividendenopi👴@Dividendenopi

5Mês

Take a look at the article by @topicswithhead from yesterday

•

ThemenmitKopf@topicswithhead

5Mês

@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

•

Dividendenopi👴@Dividendenopi

5Mês

@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

•

Epi@Epi

5Mês

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

•