Rio Tinto Share Discussion Threads

[christh] 01/3/2017 07:11

Moody's Raises Rio Tinto Debt Rating To A3 From Baa1 Citing Cost Cuts


The debt of London-listed miner Rio Tinto PLC was upgraded by Moody's Investor Service late Monday, with a stable outlook. Moody's said it..

[robrah] 28/2/2017 11:27

As expected . Once it went ex divi it tanks big. 40 look too far and 30 looks likely now

[malcolmmm] 24/2/2017 15:51

Hope not, bought back in earlier, up £62 with fees up £120 but who knows, could tank ,have a tight stoploss though. Nice dividend to come

[babywolf] 24/2/2017 14:02

Someone tell me that the next stop is not £32.00?

[babywolf] 24/2/2017 12:03

phew back to normal 1p

[babywolf] 24/2/2017 12:01

wow - 11p spread right now

[babywolf] 24/2/2017 11:59

reading some chart data it appears that 32.85 is key

[robrah] 24/2/2017 11:46

Lets bet christh post an old article to stop this slide .lol

[malcolmmm] 24/2/2017 08:26

Likewise, I offloaded XD at3473, didn't like the above report from Babywolf so chickened out but they are looking attractive again.

[robrah] 24/2/2017 08:01

Looks like ppl took the divi and left at once .nearly down 10% from the high.

[arja] 23/2/2017 19:09

but copper price fell heavily today !

[stevenrevell] 23/2/2017 10:55

Holding up ok today

[malcolmmm] 23/2/2017 10:14

But there is a shortage of copper this year

[robrah] 23/2/2017 08:41

Christh ,I think posted this one b4.

[losses] 23/2/2017 08:30

Gone ex div hence the big drop today

[babywolf] 23/2/2017 07:44

Glencore posted 18% profits.
All above factors should affect RIO's opening price

Not long to wait...

[christh] 22/2/2017 12:34

A great buying opportunity now.
Get £1.056 dividend.
You will not get the same return from your bank account!

[christh] 22/2/2017 12:30

...and many will buy.
Commodities are trending upwards and lately as you many have noticed
iron ore has been in great demand in China.
Off course Rio is selling good quality iron ore and that's what China is buying.
The current price of $92 per metric tonne will break through the $100 and
along hopefully with copper and aluminium rises, will move the shareprice to £40-£44.

We will see in a few months the commodities but also the $ movement.

[yoyo2money] 22/2/2017 12:17

It will be interesting to see where the price will be in a few days... I think loads will dump

[robrah] 22/2/2017 12:06

Thanks yo yo If this goes ex divi tomorrow. Wonder why it is tanking today ??

[yoyo2money] 22/2/2017 11:54

Dividend price: 125.00 ¢
Dividend- Ex-date: 23-Feb-17

[robrah] 22/2/2017 11:47

Has rio gone ex div yet ??

[ian davenport] 21/2/2017 15:19

Idioterna - you need to replace hxxps with https in the web address - shame to see BLT didn't manage to hang on to those gains this morning

arja - sorry to go off topic Rio wise, but I am have to say I have never come across another UK based ( not sure if you are a Brit or not) financial follower who thought we should have joined the Euro = I was trading the component currencies before it was launched and so did a lot of work on how it would work ( or not , as now seen)
if Gordon had allowed it , we would have gone through the boom days of 2001-8 with interest rate half of what we had, a weaker currency in world terms, and the economy would have exploded - think Ireland/Iceland on steroids. come the crash , there would have been a lot further to fall , and we couldn't have devalued our currency in the way that say Iceland did ( or in effect we did) , we'd probably be coming out of it by now, but the first 5 years would have been grim as hell.
on the flip side, in that case we wouldn't have been the job creating power-house of Europe ( I recall a story , "more jobs created in Yorkshire than the rest of the EU" a while back) so we wouldn't have so much immigration , UKIP would never have risen, we would never have had a referendum , and going forward would be happily in the single market , rolling along with the rest of Europe growth wise, maybe like Spean is

[idioterna] 21/2/2017 06:17

..couldn't open the post Ian. I've been a BLT buff for a while but the move towards oil production and continued focus on coal worried me. Once they cut the dividend I got out. It's been RIO ever since. Steering clear of oil and coal was an excellent move (with hindsight), but maintaining the dividend made the move all the better. I'm targeting $90 before the top of this cycle (2020) and the dividend will sustain me until then.