Video

Playlist: GLEN:xlon

Show less
1:51
Copper is a short-term sell: Garnry
Peter Garnry
12 August 2016 at 7:31 GMT
1:05
Mining share Glencore trade view: Neighbour
Joe Neighbour
21 July 2016 at 7:05 GMT
4:06
Garnry: Why a risky long in Glencore could eventually strike gold
Peter Garnry
30 September 2015 at 10:18 GMT
1:31
Fasdal: Are markets heading for the perfect storm?
Simon Fasdal
29 September 2015 at 9:32 GMT
1:48
Hardy: How I'm trading this risk-off sentiment
John J Hardy
29 September 2015 at 9:10 GMT
2:59
Hansen: Volkswagen scandal drives down industrial metals
Ole Hansen
23 September 2015 at 10:04 GMT
3:33
Garnry: Volatility is nothing to be afraid of and here's why
Peter Garnry
03 September 2015 at 10:06 GMT
1:14
Buy mining shares
Lea Jakobiak
15 August 2013 at 7:44 GMT
Video / 15 August 2013 at 7:44 GMT

Buy mining shares

Lea Jakobiak

The mining sector is grossly undervalued and we could see double digit returns by the end of the year; that's according to Michael Jarman from H20 markets. He's recently upgraded the sector to "accumulate", based on a pick up in manufacturing and recent inflation data which was relatively subdued. 

In his sights this Thursday are Glencore, Xstrata and Rio Tinto. Michael says they've dropped around ten per cent in the past year while the FTSE is up around 11%.  Now he expects money to start flowing into basic resources as portfolio managers seek value. 

Disclaimer

Saxo Bank Group provides an execution-only service. All information provided on Tradingfloor.com is solely for general information. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of our trading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. Saxo Bank Group will not be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available as part of the Tradingfloor.com or as a result of the use of the Tradingfloor.com.

Please read our notification on

Non-independent investment research disclaimer

Full disclaimer

6y
Peter Garnry Peter Garnry
Our quantitative model on European non-financial companies agree with you Michael. We don't publish our full report until next week, but in my latest analysis on Fiat we showed a screenshot from our report.
http://www.tradingfloor.com/posts/fiat-most-undervalued-carmaker-europe-327691553

Our model says that BHP, Glencore and Rio Tinto are all very undervalued and the only thing that is holding it back from placing a positive view on those three stocks are there relative momentum to the stock market. As soon as the momentum turns this part of the stock market will present huge opportunities for investors.

Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.com permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Tradingfloor.com and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Tradingfloor.com is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Tradingfloor.com or as a result of the use of the Tradingfloor.com. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through Tradingfloor.com your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail