Rio Tinto Share Discussion Threads

[arja] 09/5/2017 17:14

All we can do is to try and trust the chart but mining stocks carried the index higher today

[robrah] 09/5/2017 16:51

Even more difficult to feel optimistic when christh post articles that compare the financial strength of rio vs tallow .Lol Like I said he will post any thing to get the venturing newbee to buy rio shares . Not sure what he wishes to accomplish. Lure more ppl into buying rio?? I can't see you he is not buying big if he is so bullish . Considering he bought in the north of 50

[db125] 09/5/2017 15:04

Difficult to feel optimistic for the near term with iron ore continuing it's decline!

[christh] 09/5/2017 09:49

3 of my favourite resources stocks: Glencore, Tullow Oil and Rio Tinto

I’m upbeat about the prospects for the resources industry. Although volatility may continue to be high, I’m optimistic about the share price prospects for Glencore PLC (LON:GLEN) (GLEN.L), Tullow Oil plc (LON:TLW) (TLW.L) and Rio Tinto plc (LON:RIO) (RIO.L).

In my opinion, all 3 companies have become financially stronger in the last few years, and are now better able to cope with the risks and challenges which the industry faces.

For example, Tullow Oil had a recent rights issue. The main aim of this was to reduce debt levels and put the company in a stronger financial position for what may be an uncertain time for the oil price. There is no certainty of further production cuts ahead from OPEC and non-OPEC countries, although I feel with higher production the Tullow Oil share price could perform relatively well from rising profitability and cash flow.

Glencore has also improved its financial strength in the last few years. It has pushed through various efficiency initiatives, which have been logical given the uncertain outlook for commodity prices. More could be yet to come on this front, while an improving balance sheet may also provide the Glencore share price with capital gains in the long run. I also feel its diversity helps to set it apart from more focused mining stocks.

To my mind, Rio Tinto has been a financially stronger business than either Tullow Oil or Glencore in recent years. Its cash flow and balance sheet have been relatively strong in spite of some difficult years for the iron ore price. While I am still slightly concerned at Rio Tinto’s dependence on iron ore for a large proportion of its profit, the company has also invested in other areas such as aluminium. Therefore, I feel its share price performance could be relatively positive in the long run.

[christh] 09/5/2017 09:45

Rio Tinto PLC (LON:RIO) Receives Outperform Rating From Macquarie Research Analysts



Deere & Co now has $35.22 billion valuation. Deere & Company (NYSE:DE) has risen 33.40% since September 27, 2016 and is uptrending. It has outperformed by 53.81% the S&P500.

Rio Tinto is a top exporter to China of the steel making raw material, which accounts for the lion’s share of profits for the mining house. The stock, after opening at $30.52, closed at $30.18 by scoring -3.95%.

The number of shares Rio Tinto PLC now has in issue is 1,799,110,000, which have a value of 2962.5 per share calculating Rio Tinto PLC’s market capitalisation to 53.30B GBP.

Investors sentiment decreased to 0.82 in Q4 2016. Its up 0.11, from 0.75 in 2016Q3. Blackhill Inc reported 354,542 shares. Institutional investors own 6.63% of the company’s stock. Ims invested in 9,931 shares. Capital Ww Invsts reported 4.80 million shares or 0.12% of all its holdings. Brandywine Tru, a Delaware-based fund reported 73,306 shares. It also reduced Ishares Tr (Put) (IWM) stake by 174,828 shares and now owns 1,600 shares. Missouri-based Ent Finance Services has invested 0.15% in Deere & Company (NYSE:DE). The company is set at a mean analysts’ recommendation of 2.00. The company’s 5 year Earnings per share growth and Capital Spending growth remains at -3.3 and -24.86. In contrast to the year ago quarter EPS was at 5.5. Therefore 83% are positive. The company has a consensus rating of Buy and an average price target of GBX 3,552.05 ($45.86). The firm has “Neutral” rating by PiperJaffray given on Monday, November 28. TD Securities maintained it with “Buy” rating and $69 target in Tuesday, August 11 report. The firm has “Sell” rating by Liberium given on Thursday, October 29. The stock has “Sell” rating by Liberum Capital on Thursday, October 29. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, October 21. The firm has a market capitalization of $68.49 billion, a P/E ratio of 14.91 and a beta of 1.19.

The miner’s shares were down $1.16, or 1.95 per cent, at $58.23 at 1525 AEST. Insiders sold a total of 3,342 shares of company stock valued at $12,081,377 in the last 90 days. UBS Asset Management Americas Inc. bought a new stake in Rio Tinto plc during the fourth quarter valued at $119,000. (NYSE:WTI) shares moved to $2.00 after starting the day at $2.14.

Among 29 analysts covering Rio Tinto PLC (LON:RIO), 17 have Buy rating, 2 Sell and 10 Hold. Therefore 71% are positive. DekaBank Deutsche Girozentrale purchased a new stake in shares of Rio Tinto plc during the third quarter valued at approximately $4,321,000. They presently have a GBX 4,300 ($55.52) target price on the stock.

Rio Tinto plc (NYSE:RIO) – Equities researchers at Jefferies Group raised their FY2019 earnings per share (EPS) estimates for shares of Rio Tinto plc in a research report issued on Tuesday, Zacks Investment Research reports.

Rio Tinto plc (RIO) now has P/E (Price to Earnings) ratio of 15.7 while the company’s industry has 23.29 P/E and the sector P/E is 113.13. The stock has a 50 day moving average price of GBX 3,185.26 and a 200-day moving average price of GBX 3,191.25. Finally, Macquarie restated an outperform rating and issued a GBX 4,200 ($54.23) price objective on shares of Rio Tinto plc in a research report on Tuesday, March 28th.

Jefferies Group LLC reaffirmed their buy rating on shares of Rio Tinto plc (LON:RIO) in a research note issued to investors on Tuesday, April 4th. The firm has “Outperform” rating by Bernstein given on Monday, March 14. The rating was maintained by Societe Generale with “Buy” on Thursday, March 3. On Thursday, November 5 the stock rating was downgraded by Goldman Sachs to “Sell”.

ILLEGAL ACTIVITY NOTICE: “Morgan Stanley Analysts Give Rio Tinto plc (RIO) a GBX 3,340 Price Target” was first published by Transcript Daily and is the sole property of of Transcript Daily.

[christh] 09/5/2017 09:35

China's Economy Shaping Up for Positive 2018, Rio Tinto Says

by David Stringer
4 May 2017, 05:02 BST 4 May 2017, 08:27 BST

No. 2 miner last week reviewed outlook for its top customer
Rio urging Australia’s government to solve energy price spikes
Latest indicators on China’s economy point to continued growth through 2018, according to mining giant Rio Tinto Group, which counts the world’s No. 2 economy as its biggest customer.

“Are we concerned about the Chinese economic health? The answer is no,” Chief Executive Officer Jean-Sebastien Jacques told reporters Thursday following an annual meeting in Sydney. “The indications are positive for 2018 as well, but it’s early days.” He revealed he’s visited the nation five times in the past nine months.

Rio, which has about 200 staff in Shanghai and Beijing assessing data on China, including domestic mine output, last week reviewed the outlook for the economy in 2018, Jacques said. “The only concern I would have -- which is not about China by the way, it’s more a geopolitical issue -- is if there was to be a big shock in the system.”

Growth in China unexpectedly picked up to 6.9% in the first quarter, clocking its first back-to-back acceleration in 7 years, as industrial output advanced and factory prices surged. Analysts projected faster economic expansion in each of the next four quarters in a Bloomberg survey from April 18 to 25, compared with forecasts in the March poll.

Rio declined 1.8% in Sydney trading Thursday to A$58.32, extending its decline this year to 2.6%.

Commodities markets have faded in 2017 amid concern that political uncertainty is curbing prospects for improved global growth and on uncertainty over the impact on raw materials demand in China from slower economic expansion and capacity cuts in smokestack industries. Rio generates about 43% of revenue in China.
Restructuring in China’s steel industry “doesn’t mean they will reduce the output,” and there may be opportunities for Rio as remaining mills move to higher quality imported ore, Jacques said. The reforms to curb capacity are among factors that means there’s likely to be continued volatility in iron ore prices, he said.

China’s “One Belt-One Road” initiative to develop new land and sea trade links with Asia, Europe and Africa and provide funding to aid infrastructure development “augurs well for demand for steel and iron ore in the region,” Fortescue Metals Group Ltd. Chief Executive Officer Nev Power told a conference Thursday in Sydney. “All the economies through Asia are starting to pick up the pace in terms of development,” he said.

Iron ore, Rio’s top earner, has tumbled about 28% since touching a more than two-year high in February as steel prices have declined, squeezing margins for mills. Investors are weighing the outlook as producers in Brazil to Australia add to seaborne supply to threaten further price declines, while China’s record iron ore imports and strong steel demand offer support.

London-based Rio is continuing discussions on potential opportunities with state-owned China Minmetals Corp., he said, without specifying any details. Jacques met with Minmetals in Beijing in March, the Chinese entity said in a posting to its website at the time.

In Australia, Rio has cut about 100 jobs at its Boyne aluminum smelter in Queensland state amid gains in prices that have made some output unprofitable, Jacques told reporters.

Regional electricity price spikes and outages in Australia, one of the biggest natural gas and coal suppliers, is raising concern from businesses that the nation’s energy security is deteriorating. “It’s time for the federal government to step in,” Jacques said. “We have had a very open, very blunt conversation with the government.”

read all in here

[christh] 05/5/2017 13:29

Rio Tinto chief confident of ongoing strong resources demand from China

[christh] 05/5/2017 13:24

Rio Tinto watching for revival in China iron ore mining
May 4 2017


Rio Tinto chief executive Jean Sebastien Jacques said he has no real concerns about China's iron ore demand in 2017, and the indications for 2018 are positive.

"The only concern I would have - which is not about China by the way, it's more a geopolitical issue - is if there was to be a big shock in the system," he said after the company's annual general meeting in Sydney.


Rio Tinto is confident amid iron ore boom
-----------------------------------------------
Global miner Rio Tinto put its focus on returning cash to shareholders after beating profit forecasts on the back of cost-cutting and a strong recovery in iron ore prices.

China is the biggest market for Rio Tinto's commodities, and Asia accounts for around 70 per cent of its sales, but demand for its iron ore has been expected to taper as China's steel production plateaus.

Mr Jacques said it is absolutely clear that the Chinese government will take whatever action is required to maintain economic stability.

"The key source of uncertainty is around - when you move to the end of the summer - are they (China) going to restart some of their mines," said Mr Jacques.

China's mines - largely less efficient than those in Australia and Brazil due to lower iron ore content - began cutting annual capacity from around 300 tonnes three years ago in line with falling iron ore prices, bottoming out at 250 million tonnes at the end of 2016, Jacques said.

[nasdaqpat] 05/5/2017 12:25

I don't really like using Filter, redips2. In fact, I'm more concerned about the disruption to other posters or potential posters.

Clearly I've failed to help bring some order to this thread. Its been a hoot but the bad spelling, punctuation and grammar offends mine eyes so I think I'll get back into my box, as it were. I may look in from time to time. Good luck to holders, I think you are going to need it.

[robrah] 05/5/2017 12:12

French election this weekend . There may be some wild volatility on Monday morning. Is due to up margins not sure if that is just for index and currency or cfds also

[robrah] 05/5/2017 12:04

Redips, very appropriate user name . Perfect way to describe u r portfolio s .

[robrah] 05/5/2017 12:03

Filter me But the fact is iron ore over supply won't go away , this will hurt the share price. Sterling will recover to compound the impact on rio share price atleast in the UK. Rio not only has to deal with bhp and Vale. FMG are at par with rio cost of production if not better now . Rio s copper business is not exectly flying either Signs are there . If one choose to ignore. Well that is the problem

[redips2] 05/5/2017 11:32

You do know ADVFN have provided the filter option pat....

[robrah] 05/5/2017 10:41

Oh gbenson another one . See what u have done christh

[robrah] 05/5/2017 10:40

Look like nasdeq pet is one who followed christh s quick get Rich . Don't for get the Nfp this afternoon

[gbenson1] 05/5/2017 10:38

Well said Nasdaqpat, Robarb just keeps repeating the same Durge time after time, think Chris is a genuine investor?

[nasdaqpat] 05/5/2017 10:31

Why don't you two (christh & Robrah) just use the other thread to fight it out and leave this one alone so that less polarized posters can air their views without constant bickering and attempts at one-upmanship?

[robrah] 05/5/2017 10:24

Q1 will obviously be rosy . But the more experienced will look at the full year forecastBet chirsth will only keep quoting q1 results through out the year. On a seprate note if readers remembers he was a quick ride to 40 as per his brokers note and a secure gain of atleast 10% when this was 37 . Anyone wise enouf to follow through with is recommendation ??

[robrah] 05/5/2017 10:23

Q1 will obviously be rosy . But the more experienced will look at the full year forecastBet chirsth will only keep quoting q1 results through out the year. On a seprate note if readers remembers he was a quick ride to 40 as per his brokers note and a secure gain of atleast 10% when this was 37 . Anyone wise enouf to follow through with is recommendation ??

[robrah] 05/5/2017 10:07

Ore getting cheaper and over supplied . Just look at the new project coming