Rio Tinto Share Discussion Threads

[keya5000] 11/2/2017 08:13

Thoughts on SF87 Rio dec 2018 £40 warrants?

They will give massive leverage at £40+

[malcolmmm] 10/2/2017 19:35

bought in yesterday on results, nice rise today though

[robrah] 10/2/2017 16:02

It was only a matter of time till this spring back . The results the divi the amount of cash they have.This is a buy the dips . Heading to 40 quid i hope .

[ian davenport] 10/2/2017 15:28

Hi guys
just got in and cant find any news other than the board appointments in Oz - has that really sparked a 5% rise?

[babywolf] 09/2/2017 12:29

that's better :)

[babywolf] 09/2/2017 08:54

Mmm... must be why its doing so well this morning...

[christh] 09/2/2017 08:34

Rio Tinto surges to profit as commodity prices bounce back
February 9, 2017

Rising commodity prices have guided Rio Tinto to a full-year profit of $US4.6 billion ($6.02 billion) in 2016, a massive turnaround from the previous year.

Rio Tinto recovered from a $US866 million loss in 2015 as operating cash flow and underlying earnings reached $US8.5 billion and $US5.1 billion, respectively.

The company will deliver $US3.6 billion to shareholders for the year in the form of a $US1.25 per share final divided and a previously announced 45 US-cent per share interim dividend.

Rio Tinto’s energy and minerals division was a standout in the improved results – earnings were 249 per cent higher than 2015 at $US610 million. The performance of the division was boosted by surging commodity prices, particularly coal.

The company’s iron ore operations also played a key role in the turnaround, with earnings rising by 17 per cent against 2015 to $US4.6 billion. However, its aluminium, and copper and diamonds divisions both lost ground.

Rio Tinto chief executive Jean-Sebastien Jacques said the results showed that the company had kept a commitment to maximise cash and productivity from its assets, delivering $3.6 billion in shareholder returns while maintaining a robust balance sheet.

“At the same time, we strengthened the portfolio and advanced our high-value growth projects as we look to the future,” Jacques said.

“We enter 2017 in good shape. Our team will deliver $US5 billion of extra free cash flow over the next five years from our productivity programme. Our value over volume approach, coupled with a robust balance sheet and world-class assets, places us in a strong position to deliver superior shareholder returns through the cycle.”

[robrah] 08/2/2017 13:09

Wow what a turn around . Just toped up Looking forward for a huge divi

[babywolf] 08/2/2017 12:03

A lit mystified why the UK appears to not be impressed with results.
Just profit taking?

Hope you're right christh re the US

[ian davenport] 08/2/2017 10:39

Yes that's going back a bit now Losses - it looked well set above £40 for some time, I think early 2008 it spiked above £50 and on to £70 when BHP were going to buy them, then the sub prime cr*p hit and we were sub £10 in a few months.
I'm not sure divesting Coal is a great plan , but there's other ways to play that if you are so inclined, and I'd prefer to see them paying down debt whilst they can , the next crisis cant be far away

[losses] 08/2/2017 10:29

Ian, I didn't get in this but did really well with KAZ & Glen.I do remember trading rio years ago £50-£70 ranges

[ian davenport] 08/2/2017 09:32

Losses - I think the problem with buyback timing is that the reason we got to 1700 was a combination of a lack of available money and worry over the outlook, I suppose we all could individually have doubled up down there, I know I didn't, although of course now realise I should have done!
post results surge seems to be waning, lets hope the early US get excited about it as well

[christh] 08/2/2017 08:25

Ordinary dividend per share 100.56p (£1.056p)

Dividends will be paid on 6 April 2017 to holders of ordinary shares and ADRs on the register at the close of business on 24 February 2017.
The ex-dividend date for Rio Tinto Limited and Rio Tinto plc holders will be 23 February 2017 and the ex-dividend date for Rio Tinto plc ADR shareholders will be 22 February 2017.

[christh] 08/2/2017 08:18

Hargreaves site on RIO



Barclays Capital
date:26/01
Latest assessment: Reiterates Overweight
Latest target price: 4,490.00p

[philo124] 08/2/2017 08:04

Results out. Look good.

[losses] 08/2/2017 08:00

Share buy back... did it happen when rio went down to 1700? Wrong timing most of the time.Definitely good results..

[robrah] 08/2/2017 07:40

There we go . Dividend plus sharebuy back .

[bigbigdave] 08/2/2017 06:23

David Buik ‏@truemagic68

Rio Tinto post greatly improved results with a profit of $4.61bn against loss of $866m in 2015 - shares up 89% in past year!

[stevenrevell] 07/2/2017 16:25

Fingers and toes crossed

[robrah] 07/2/2017 16:21

Topped up for tomorrow's results .

[stevenrevell] 07/2/2017 10:55

Don't think so

[robrah] 07/2/2017 10:35

Tomorrow the results will be out. Wonder if we get a special divi . Considering they are cash flush

[revell40] 07/2/2017 08:42

When are next results out ta

[christh] 03/2/2017 09:20

Good article on Japanese imports of coal from Australia. After Fukoshima they are building new coal burning power plants at a pace.All sounds good for APF.