Rio Tinto Share Discussion Threads

[christh] 21/4/2017 14:58

21 Apr 17.....Barclays Capital Overweight ....4300.00....Reiterates

[christh] 21/4/2017 14:52

Robrah 21 Apr '17 - 14:39 - 54639 of 54640

Robrah,
it went to £31.85 and fell but the buyers are coming back and will smash £32.

So enjoy your moments while you can.

[christh] 21/4/2017 14:45

This is heading to £40+.
if you do not believe or think it will then go and bury your head in the sand.

No matter what you do!

[robrah] 21/4/2017 14:39

Still this will hit 32 today christh ?? See this is the reason I don't trust u r brokers. Be lucky if it even closes above 30

[robrah] 21/4/2017 12:45

VALE is breaking records http://www.mining.com/vales-iron-ore-output-has-just-hit-another-record/

[robrah] 21/4/2017 12:07

Sure christh may be u should take u r own advice and double down. "BROKERS KNOW BETTER " lol yes u did listen to the brokers when u bought u r rio block at 50 quid plus . How is that trade doing for you ?So much confidence in brokers I tho you would have bought atleast half the company by now . Clearly you messed up when u bought rio at it peak and now you want to encourage other to follow you loose streak .

[christh] 21/4/2017 11:41

At the current level if you buy now and it goes to £40 you will make a profit
of £9 per share (less expences)


Do not miss the opportunity.

[christh] 21/4/2017 11:32

RIO'S LATEST BROKER UPGRADES
Date............Broker...............Recommendation.....New target price..Notes
21 Apr 17.....JP Morgan Cazenove.......Overweight ......£42.00......Reiterates
21 Apr 17.....Macquarie................Outperform.......£40.00...........Reiterates
21 Apr 17.....Deutsche Bank..............Buy-...........£40.00...........Retains
21 Apr 17.....Credit Suisse............Outperform.......£40.00..........Reiterates
20 Apr 17..... RBC Capital Markets.....Outperform......£44.00......Reiterates
20 Apr 17..... Goldman Sachs...........Neutral ........£35.00.00......Reiterates

This what the brokers say after they done their analysis.

Think what you like, I think they know better, they are the experts!

[christh] 21/4/2017 11:23

Ian,
the taxes are paid in Australia.
It can not be dual taxation!

[ian davenport] 21/4/2017 10:40

Robrah

yes the currency would have an uplift, although I doubt that far - probably more importantly Rio would be looking at relocating - Oz seems obvious but maybe Singapore or somewhere similar - if I ran a company that was likely to spill off £5-6 billion a year , i'd feel happier if it was well away from the clutches of Comrade Corbyn and his merry band

[robrah] 21/4/2017 10:30

hxxp://www.afr.com/business/mining/bhp-billiton-rio-tinto-at-risk-in-donald-trumps-steel-crackdown-20170420-gvp55d


heading back down , could well breach 3000 today .

eagerly await

[christh] 21/4/2017 08:04

going over £32 today

[robrah] 20/4/2017 22:21

In that case rio is going to 7000 if the gbp falls as much

[ian davenport] 20/4/2017 17:53

Hung parliament and we could have a crack at alltime low cable at 1.04 ish - esp if it looked like a rainbow alliance lead by Corbyn

given what's happened the past year , its not that ridiculous a call!

[robrah] 20/4/2017 11:57

To add to all this imagine a hung parliament lol

[robrah] 20/4/2017 11:42

https://www.bloomberg.com/news/articles/2017-04-19/worst-of-both-worlds-as-aussie-bucks-china-driven-drop-in-iron-ore

[robrah] 20/4/2017 10:29

Not doing it christh .Rio bearly in the green . Pls bring more ramping news . Even if it is outdated .

[christh] 20/4/2017 09:49

Rio Tinto's CEO Says Focus Is on Smart Buying

Rio Tinto's Chief Executive Jean Sebastien Jacques discusses how Rio plans to adapt to changes in China's economy. He spoke to Bloomberg's Tom Mackenzie at the China Development Forum over the weekend. Tom began buy asking him whether Rio was eyeing any acquisitions. (Source: Bloomberg)

[robrah] 20/4/2017 09:32

And most brokers are wrong.i tho buy now u would have figured it out christh.

[christh] 20/4/2017 09:07

the £ is down but Rio is not affected as it holds $ as its trading currency.

looking at the trading statement is looking very good.
Despite the bad weather in Australia and the strike in south America, the production has not stopped and other minerals have been increased making it very attractive for the 2nd half of 2017.

Rio Tinto PLC Rio Tinto releases Q1 2017 production results


Rio Tinto Scales Back Copper Production Target


TOP NEWS: Rio Tinto Keeps Iron Ore Guidance Despite Disruptions
Rio Tinto PLC said it delivered "solid production" in the first quarter of 2017, and reiterated full year guidance for iron ore shipments from...


Most of the brokers have a target price of £38-£42.

[arja] 20/4/2017 08:28

so that is why the move higher but coming off now !

[robrah] 20/4/2017 07:29

Production numbers dont look to rozy . But the gbp has calmed down for a bit .let see what happens

[arja] 19/4/2017 22:16

Ian- I thought cable moved higher because of likelihood of a big Tory majority .

[robrah] 19/4/2017 13:17

Mid night spikes in gbp often tend be revisit during the day . 1.30 soon for the gbp