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Glencore plc

 

Buy Glencore plc shares

GLENCORE PLC (GLEN) Shares

ABOUT GLENCORE PLC

Glencore plc is a trading and mining company. Its portfolio offers several production facilities that specialise in metals (copper, cobalt, iron ore, silver, gold and nickel), oil products, natural gas, coal, minerals, agricultural products and crude oil.

These are offered to a variety of markets such as steel production, power generation, automotive and food processing industries around the globe. Glencore has more than 150 assets and 50 countries.

Glencore plc is a member of the FTSE 100 Index. It is one of the top ten Fortune Global 500 companies that ranks the largest companies in the world. Glencore plc has approximately 160 000 employees and contractors world-wide.

Its headquarters is in Baar, Switzerland. It also has head offices in London, Rotterdam and Saint Helier. 

OVERVIEW OF GLENCORE PLC

  • In 1974 the company is founded as Marc Rich & Co by billionaire Marc Rich.
  • The company primarily focuses on ferrous and non-ferrous metals such as crude oil and minerals. In 1981 it buys the Dutch grain trader, Granaria. It later becomes Glencore Agriculture.
  • In 1987 a Peruvian mine and United States smelter are purchased, expanding the company’s portfolio greatly.
  • In 1993 a management buy-out takes place and the company is renamed Glencore. The Prodeco coal project is purchased two years later and is recognised today as the third largest exporter of thermal coal in Columbia.
  • In 2000 the company expands to Zambia when it buys stake in one of the leading copper producers in Africa.
  • In 2002 it has its initial public offering on the London Stock Exchange.
  • Its agricultural business expands to Australia in 2012 when it buys Viterra.
  • Glencore plc’s Puerto Nuevo opens and is one of the first direct loading ports in Columbia, valued at US Dollar 550 million.
  • Several more acquisitions take place during the next few years.

VISION & VALUES OF GLENCORE PLC

  • Glencore plc values its customers, shareholders, communities from which it operates and employees.

  • The company is committed to providing a safe and healthy workplace for its employees and contractors.

  • It is known as an industry safety leader and eliminates injuries and fatalities.

  • The company is responsible and operates sustainably.

  • It minimizes its environmental impact, encourages human rights and supports local communities by contributing to the long-term development, charities and initiatives within its local communities.

MARKET PERFORMANCE OF GLENCORE PLC

  • Glencore plc trades on the Financial Times Stock Exchange under the FTSE stock symbol GLEN.

  • Data analysis for the company’s half year results for 2019 reports a net income attributable to equity holders of US Dollar 226 million. Adjusted EBITDA is US Dollar 5,582 million.

  • Basic earnings are US Dollar 0,02 per share. Funds from operations are US Dollar 3,516 million.

  • Cash generated by operating activities before working capital changes is US Dollar 5,409 million. Net purchase and sale of properties, plants and equipment are US Dollar 2,193 million.

  • Total assets are US Dollar 127,183 million. Net funding is US Dollar 33,238 million and net debt is US Dollar 16,308 million. Investors can buy shares now at an affordable price.

Buy GLENCORE PLC stocks / shares – A Step by Step Guide how to Buy / Purchase GLENCORE PLC Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy GLENCORE PLC Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN GLENCORE PLC STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE GLENCORE PLC STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of GLENCORE PLC stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy GLENCORE PLC stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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