Rio Tinto Share Discussion Threads

[christh] 05/5/2017 09:26

Commodities recovery today, All commodity shares are up and heading higher
for this quarter as reporting is due 6 weeks

17/07/17
Event
Rio 2nd Quarter Operations Review – to be released at 11.30pm (London) 8.30am (Sydney on 18 July)

[christh] 05/5/2017 09:24

Commodities recovery today, All commodity shares are up and heading higher
for this quarter as reporting is due 6 weeks

17/07/17
Event
Rio 2nd Quarter Operations Review – to be released at 11.30pm (London) 8.30am (Sydney on 18 July)

[christh] 05/5/2017 09:15

Rio

Investors chronicle say.....

[christh] 05/5/2017 09:15

..........Commodities Summary
.......Previous..............Change
Oil.....47.20................-1.10
Gold....1232.97..............+4.47
Silver..16.44................+0.07
LME copper.3MO $5551.50......+8.50

[christh] 05/5/2017 09:14

5 May '17
Brokers views
Strong Sell.....(1 of 14)
Sell............(0 of 14)
Neutral.........(5 of 14)
Buy.............(3 of 14)
Strong Buy......(5 of 14)

complete research here

[christh] 05/5/2017 09:13

LATEST RIO TINTO UPGRADES
Date...........Broker.......Recommendation.....New target price......Notes
05 May 17....Macquarie.............Outperform .......4000.00....Reiterates
04 May 17....Deutsche Bank...........Buy.............4140.00....Retains
02 May 17....JP Morgan Cazenove....Overweight........4150.00....Reiterates
28 Apr 17....RBC Capital Markets....Outperform.......4400.00....Reiterates
21 Apr 17....Barclays Capital.......Overweight.......4300.00....Reiterates

[robrah] 05/5/2017 09:10

If sterling even make half way to its all time high . Rio is tanking Just remember a year ago sterling was 1.45 and that was considered lower . If it even reaches there all bets are off Rio will Return to 20 quid . Just look how nasty the recent fall has been No matter what the brokers say this is heading down . IN MY HUMBLE OPINION NON FARM PAYROLLS TODAY

[nasdaqpat] 05/5/2017 09:06

Dollar earners like RIO do better, UK share price wise, when sterling is weaker against the dollar!

[christh] 05/5/2017 08:46

Dividend Investor
It's not rocket science.
1) Find the best businesses.
2) Buy them at a good price.
3) Own them for a long time.
4) Add more money regularly.
5) Don't panic.
6) Sit back and collect the dividends, often of the fully franked variety.

[robrah] 05/5/2017 08:45

Sterling raising rio will soon start the drift lower.

[robrah] 05/5/2017 08:44

Ppl following christh s broker note are likely down atleast 10%

[robrah] 05/5/2017 08:43

Despite what ever brokers say . Rio is a leaking tanker. Iron ore is tanking and so will rio So no matter how many articles christh posts . It will make no difference

[christh] 05/5/2017 08:39

Rio

Investors chronicle say.....

[christh] 05/5/2017 08:26

..........Commodities Summary
.......Previous..............Change
Oil.....47.20................-1.10
Gold....1232.97..............+4.47
Silver..16.44................+0.07
LME copper.3MO $5551.50......+8.50

[christh] 05/5/2017 08:19

Brokers views
Strong Sell.....(1 of 14)
Sell............(0 of 14)
Neutral.........(5 of 14)
Buy.............(3 of 14)
Strong Buy......(5 of 14)

complete research here

[christh] 05/5/2017 08:13

LATEST RIO TINTO UPGRADES
Date...........Broker.......Recommendation.....New target price......Notes
05 May 17....Macquarie.............Outperform .......4000.00....Reiterates
04 May 17....Deutsche Bank...........Buy.............4140.00....Retains
02 May 17....JP Morgan Cazenove....Overweight........4150.00....Reiterates
28 Apr 17....RBC Capital Markets....Outperform.......4400.00....Reiterates
21 Apr 17....Barclays Capital.......Overweight.......4300.00....Reiterates

[nasdaqpat] 05/5/2017 05:02

Iron Ore closed @ $63.40mt yesterday, down (06.07%) from Wednesday's $67.50mt. Copper traded @ $2.512LB yesterday, down (01.26%) from Wednesday's level of $2.544LB. Once again these metal price declines affected RIO's share price as it dropped a further (01.77%) yesterday (2962.5p:2910p).

At yesterday's closing level, RIO's share price has now declined (21.74%) from the intraday recovery level peak of 3718.5p recorded on 13 Feb 2017. Since 3718.5p, RIO has put in 4 minor rallies or Phantom waves, the last of which was worth 6.1%; from 3002.5p on 18 Apr to 3185p on 21 Apr.

It remains to be seen whether yesterday's intraday low of 2886p will form the base for the next (Phantom) wave. If it is, I fancy the share price will improve about 07.00% equating to a target of c3088p; whereupon I will likely reduce our holding.

[robrah] 04/5/2017 22:14

Looks like 27 is on the card for tomorrow

[robrah] 04/5/2017 17:00

For nearly last 3 -4 years rio have being trying to boost copper production but it has had no success. They even made the CEO the copper division the CEO of rio tinto . But this year's production too is weak

[nasdaqpat] 04/5/2017 16:28

Yes, I did know Copper was less significant for RIO (only about 5% of Revenue?) and more significant for the likes of BLT but, although the company itself still considers it to be important, maybe I'll drop the copper price from my early morning posts in future.

[robrah] 04/5/2017 16:00

Rio is not big on copper . If you like copper. Glen and blt (ftse listed ) are the big boys Iron ore is tanking and sterling is stonger . The worse case for rio . It could even reach 22 quid. Still holding my hedge have got a stop loss at 33.target 1 _ 25 quid

[nasdaqpat] 04/5/2017 15:48

There are 2204.62 Pounds in a Metric Tonne.

I have found plenty of sites that list Copper prices in LB but the LME deals in Metric Tonne. It might be helpful if collectively we decided which measure to cite on this thread. What are people's preferences?

[wad collector] 04/5/2017 15:37

Picked up some more at 2905 ; now bought back all my £32+ sales.