Where now for Glencore ?

Bhavin Patel, CFA Bhavin Patel, CFA

Bhavin Patel, CFA

Contrarian Investor

发布日期: 2015年9月5日
+ 关注

I thought it would be good to share my thoughts on Glencore Plc.  Glencore suffered one of the worst week in terms of trading this week.  This was mostly because of  what is going in China and demand for commodities.  Yes, I agree the commodities prices are at all time low but isn't the sell off bit over done in terms of Glencore share price ?  It has huge debt close to 44 billion dollars and counting !!!! But it has one good thing going for it, the CEO Ivan Glasenberg.  

It is believed that this man knows a thing or two about commodities to say the least. Most of his personal fortune is tied to Glencore. Depending what happens in terms global demand for commodities the share price is likely to rebound sometime in the next 2 to 3 three years.  I am personally interested in building a position in this company with this in mind.  Warren said ' 'Be Fearful When Others Are Greedy and Greedy When Others Are Fearful'

要查看或添加评论，请登录

Bhavin Patel, CFA的更多文章

  • Beast from the Middle-East..
    2024年7月27日

    Beast from the Middle-East..

    Gulf Keystone Petroleum LTD Gulf Keystone Petroleum Limited is an independent oil company and the operator of the…

    1 条评论
  • Don’t let your emotions Fly
    2024年6月23日

    Don’t let your emotions Fly

    The late Charlie Munger once said, “Try not to do anything stupid when it comes to investing rather than something…

  • 5 stocks are enough...
    2024年6月14日

    5 stocks are enough...

    I recently attended an event arranged by CFA UK. Where the man behind the book “The Dandho Investor” Mohnish Pabrai…

  • Eli Lilly: A Review from the Supply side of the equation
    2024年6月7日

    Eli Lilly: A Review from the Supply side of the equation

    Summary: We have all heard about these obesity drugs which help with weight loss and have many other health benefits…

    2 条评论
  • When you might need it the most...
    2023年9月14日

    When you might need it the most...

    No one knows which way the markets will go over the next 12/18 months. So, the question some investors are asking "…

  • Has the market overcooked it?
    2018年7月23日

    Has the market overcooked it?

    I have been thinking about the recent "collapse" in the share price of Thomas Cook Plc. Ever since the company…

  • How Low can it go (WTI Crude) ?
    2016年1月16日

    How Low can it go (WTI Crude) ?

    The million dollar question everyone is asking is can crude oil go any lower ? The answer is yes, it can go as lower…

社区洞察

其他会员也浏览了