Rio Tinto Share Discussion Threads

[jdb2005] 09/12/2016 07:53

Think it will plateau for a while after rising on strength of commodity prices.
Copper is down -0.86% this morning.

New year we will have to see how much Trump can find for infrastructure rebuilding & whether China matches his plans.

Took profit at 3338 yesterday & went short for 38pts. Could have gained another 20 if I had waited.

[christh] 09/12/2016 06:56

it will run to £40.00 in my humble view

most of the brokers say £37

[wad collector] 08/12/2016 16:32

Let some more go at 3319 . It has been a good bull run here but is it really going to sustain?

[philo124] 07/12/2016 11:57

Great rise.

[wad collector] 07/12/2016 08:32

Out again at 3150 ; I do like the volatility here.

[jdb2005] 06/12/2016 09:45

Decided to buy back into RIO this morning - taking advantage of the pull-back in most Miners. Think RIO with its lower operating costs will be able to withstand dips in metal prices.

China & USA are likely to be trying to out do each other in stimulating higher growth rates in 2017/18. It remains to be seen how many billions Trump can get through Congress to rebuild the country's infrastructure.

[philo124] 02/12/2016 20:15

Yes it does.

[wad collector] 02/12/2016 16:55

Dunno Philo,
There is so much news that might be relevant to the share price of a big multinational like RTZ that attribution of share price movement is pretty speculative. Obviously the Mozambique Coal payment news may have dragged it down yesterday ,but I think "analysis" of the share price prospects is more art than science.
My approach here is much more empirical ; ie I buy some when the price drops a bit and sell them when it goes up a bit. Sometimes this strategy fails and am either locked out or miss bigger gains , but it makes life more interesting than just holding.

[wad collector] 02/12/2016 10:19

Bought back at 2947 ; the market seems illogically volatile to me right now.

[arja] 01/12/2016 14:16

RIO in OZ up strongly and RIO here well down . Might be a good bounce soon if dow pwerforms

[philo124] 29/11/2016 16:42

Still holdong

[keya5000] 23/11/2016 17:14

Anyone got any thoughts on SF87 Dec 2018 warrants?

[wad collector] 22/11/2016 16:23

Traded some out at 3072 ; 30% on 3 months will do , bigger bargains elsewhere now I reckon even if this has more to run.

[arja] 15/11/2016 21:42

hxxp://www.sharecafe.com.au/sharecafe.asp?a=AV&ai=41951

[arja] 14/11/2016 12:51

RIO in OZ did a big turnaround after being well down . has not helped RIO here much .

[arja] 10/11/2016 15:53

BLT has come off more than RIO but still 40 minutes left . But most mininhg stock charts looking good .

[ukgeorge] 10/11/2016 09:37

I'm holding tight, Trump has confirmed the next commodities super cycle (hopefully)

[philo124] 09/11/2016 15:57

Through £30. Excellente.

[robrah] 09/11/2016 14:11

i am out . may come back for a better entry price

[robrah] 09/11/2016 14:10

30 hit .thanks to trump

[robrah] 09/11/2016 08:21

donald elected fed cant tighten

[robrah] 09/11/2016 08:20

30 today .

[robrah] 09/11/2016 08:12

boom . that is it . take now .