Stock Market News
Prices
Which 3 Stocks Would Warren Buffett Buy?Glencore non-exec buys first shares
30-08-2011 17:19
| Add To Google +1 | Tweet |
Non-executive director Peter Coates has opened his account in Glencore, spending £320,000 on shares in the Swiss commodity trading house.
He took 82,700 shares at 387.2p a time and has already banked a tidy profit, with the shares closing just short of 400p today.
Coates is the chairman of Australian oil and gas company Santos and has extensive experience in the mining industry.
Glencore last week announced earnings ahead of some expectations, on the back of a strong showing in the energy segment.
Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) in the first six months of the year rose to $3,845m from $2,625m last year. Adjusted EBIT surged 50% to $3,303m from $2,197m last year, ahead of the $3.2bn predicted by Cazenove.
Marketing adjusted EBIT grew 45% to $1.25bn, benefiting in particular from improved profitability from the energy segment where profits increased by 200%.
Top Director Buys
BHP Billiton (BLT)
Director name: Mr Wayne Murdy
Amount purchased: 10,488 @ 1,965.11p
Value: £206,101
Glencore International (GLEN)
Director name: Mr Peter Coates
Amount purchased: 82,700 @ 387.18p
Value: £320,198
Admiral Group (ADM)
Director name: Mr Colin P Holmes
Amount purchased: 10,000 @ 1,350.00p
Value: £135,000
Diageo (DGE)
Director name: Ms Betsy Holden
Amount purchased: 5,200 @ 1,926.50p
Value: £100,178
Serco Group (SRP)
Director name: Mr Paul Brooks
Amount purchased: 10,000 @ 509.50p
Value: £50,950
Berkeley Mineral Resources (BMR)
Director name: Mr Masoud Alikhani
Amount purchased: 1,000,000 @ 2.90p
Value: £29,000
Dialight (DIA)
Director name: Mr Bill Ronald
Amount purchased: 3,500 @ 720.00p
Value: £25,200
Daniel Stewart Securities (DAN)
Director name: Mr Peter D Shea
Amount purchased: 1,000,000 @ 1.41p
Value: £14,100
TT Electronics (TTG)
Director name: Mr David S Crowther
Amount purchased: 7,206 @ 147.00p
Value: £10,593
Top Director Sells
BHP Billiton (BLT)
Director name: Mr Marius Kloppers
Amount sold: 14,696 @ 1,940.00p
Value: £285,102
BHP Billiton (BLT)
Director name: Mr Marius Kloppers
Amount sold: 14,696 @ 1,940.00p
Value: £285,102
He took 82,700 shares at 387.2p a time and has already banked a tidy profit, with the shares closing just short of 400p today.
Coates is the chairman of Australian oil and gas company Santos and has extensive experience in the mining industry.
Glencore last week announced earnings ahead of some expectations, on the back of a strong showing in the energy segment.
Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) in the first six months of the year rose to $3,845m from $2,625m last year. Adjusted EBIT surged 50% to $3,303m from $2,197m last year, ahead of the $3.2bn predicted by Cazenove.
Marketing adjusted EBIT grew 45% to $1.25bn, benefiting in particular from improved profitability from the energy segment where profits increased by 200%.
Top Director Buys
BHP Billiton (BLT)
Director name: Mr Wayne Murdy
Amount purchased: 10,488 @ 1,965.11p
Value: £206,101
Glencore International (GLEN)
Director name: Mr Peter Coates
Amount purchased: 82,700 @ 387.18p
Value: £320,198
Admiral Group (ADM)
Director name: Mr Colin P Holmes
Amount purchased: 10,000 @ 1,350.00p
Value: £135,000
Diageo (DGE)
Director name: Ms Betsy Holden
Amount purchased: 5,200 @ 1,926.50p
Value: £100,178
Serco Group (SRP)
Director name: Mr Paul Brooks
Amount purchased: 10,000 @ 509.50p
Value: £50,950
Berkeley Mineral Resources (BMR)
Director name: Mr Masoud Alikhani
Amount purchased: 1,000,000 @ 2.90p
Value: £29,000
Dialight (DIA)
Director name: Mr Bill Ronald
Amount purchased: 3,500 @ 720.00p
Value: £25,200
Daniel Stewart Securities (DAN)
Director name: Mr Peter D Shea
Amount purchased: 1,000,000 @ 1.41p
Value: £14,100
TT Electronics (TTG)
Director name: Mr David S Crowther
Amount purchased: 7,206 @ 147.00p
Value: £10,593
Top Director Sells
BHP Billiton (BLT)
Director name: Mr Marius Kloppers
Amount sold: 14,696 @ 1,940.00p
Value: £285,102
BHP Billiton (BLT)
Director name: Mr Marius Kloppers
Amount sold: 14,696 @ 1,940.00p
Value: £285,102
Stock News is provided by Digital Look Corporate Solutions from Sharecast news. Please read the terms and conditions of useage of this data. Republication or redistribution of content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd.
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
| Enter share symbol |
| Search share prices A to Z |
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- UK 100 Shares
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways share price
- Centrica share price
- Tesco share price
- National Grid share price
- RBS share price
- GSK share price
- Marks and Spencer
- Rolls Royce share price
- Banco Santander price
- Rio Tinto share price
- Amec Share price
- Corac share price
- Lookers share price
- Telecom plus share price
- Kier share price
- Punch taverns price
- Blinkx share price
- Tan share price
- Yell share price
- Rsa share price
- Pendragon share price
- Logica share price
- Bat share price
- Sky share price
- Kingfisher share price
- Dragon Oil share price
- Desire Petroleum share price
- RRL share price
- BPC share price
- VOG share price
- SAR share price