Rio Tinto Share Discussion Threads

[christh] 01/3/2017 18:51

topazfrenzy 1 Mar '17 - 18:41 - 934 of 934
£50 coming here soon

I second this.

[topazfrenzy] 01/3/2017 18:41

£50 coming here soon

[malcolmmm] 01/3/2017 16:57

nice rise all the same and a nice div to come

[losses] 01/3/2017 16:03

Was hoping for bigger increase here since other miners were up 5%

[christh] 01/3/2017 07:16

Rio Tinto PLC Rio Tinto share buyback programme
01 March 2017

Share buy-back programme to repurchase will commence today, 01 March 2017, ending not later than 31 December 2017 .

from today until 28 July 2017 for an aggregate maximum consideration of up to GBP160 million.

The purpose of the Programme is to reduce the share capital of the Company. Accordingly, all shares repurchased will be cancelled.

The aggregate maximum consideration payable by the Company in respect of the repurchase of shares under the Programme up to 31 December 2017 is $500 million. The maximum number of shares that may be repurchased under the Programme is 137,431,729, being the number of shares able to be repurchased under the 2016 Authority.

[losses] 01/3/2017 07:11

Share buyback announced as well

[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.