Rio Tinto Share Discussion Threads

[robrah] 10/8/2017 15:23

Hahaha . Rio tinto bank took your money at 36 and now with to give it back to at 34

[christh] 10/8/2017 14:55

arja,
the shorters have pushed the price down exploiting the x-dividend day today.
If you take away the 83.13p from £36.06 of yesterday it's not a big deal.
It will run upwards in a few days towards £37 (in my opinion) as the company is
doing well, trading and the iron ore price heading to $80 per tonne.

Besides the sale of the coal mines to Yancoal for over £2 billion will be in the next set of results which will be another big dividend being paid in April.

Meanwhile Rio Tinto will be re-rated along with a few mining stocks and the price will be over or closer to £40.

The dividend of 83.13 pence is very good.

More dividends to come next year

[arja] 10/8/2017 14:17

quite a bloodbath today in mining stocks christh and I assume it is mainly due to risk off sentiment as a result of N. Korea situation / I think it will pass but might be a few days .

[christh] 08/8/2017 12:22

Rio Tinto records $3billion cash returns to shareholders
By Dale Benton . @d_benton . Aug 04, 2017, 9:28AM

Rio Tinto, the major mining company, has announced that in the first half of 2017, the company had a cash generation of $6.3 billion and cash returns to shareholders of $3.0 billion.

In the company’s First Half 2017 report, Rio Tinto had generated an operating cash flow of $6.3 billion, with an Earnings Before Interest, Depreciation and Amortization (EBITDA) of $9.0 billion and an EBITDA margin of 45%.

Through significant strengthening of its portfolio, Rio Tinto has also reduced its net debt by $2.0 billion, bringing it to a total $7.6 billion – the strongest balance sheet across the industry.

The cash cost savings were delivered six months early.

“Today we have announced total cash returns to shareholders of $3 billion. By driving performance, focusing on cash and allocating it with discipline we are delivering superior cash returns to our shareholders,” said Rio Tinto Chief Executive J-S Jacques.


THAT IS
-----------------

83.13p per share - 1000 will pay you £831.30p on 21 September

It goes Ex-dividend on Friday, so to qualify you must Buy before Thursday ,
9 August is the last day.

You will not get this return or interest from any Bank account.

[christh] 08/8/2017 10:02

Rio Tinto plc’s (RIO) Overweight Rating Reaffirmed at Barclays PLC
August 8th, 2017 - By Amy Steele 1 hour ago

Rio Tinto plc (LON:RIO)‘s stock had its “overweight” rating reissued by analysts at Barclays PLC in a research report issued on Tuesday.
DATE..............Broker.................Rating...............Price Target....Notes
08 Aug 17....Barclays Capital.....Overweight...........4100.00.......Reiterates

A number of other brokerages have also recently issued reports on RIO.
J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 4,150 ($54.04) price objective on shares of Rio Tinto plc in a research note on Monday, May 22nd.
Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 4,200 ($54.69) price objective on shares of Rio Tinto plc in a research note on Wednesday, July 19th.

HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 4,000 ($52.09) price objective on shares of Rio Tinto plc in a research note on Wednesday, April 19th.

Goldman Sachs Group, Inc. (The) set a GBX 2,900 ($37.77) price objective on shares of Rio Tinto plc and gave the company a “neutral” rating in a research note on Thursday, August 3rd. Finally, Liberum Capital reaffirmed a “sell” rating and issued a GBX 2,450 ($31.91) price objective on shares of Rio Tinto plc in a research note on Tuesday, April 11th. One analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the company.
Rio Tinto plc has a consensus rating of “Buy” and an average target price of GBX 3,731.25 ($48.59).

Rio Tinto plc (RIO) opened at 3637.00 on Tuesday. The stock’s 50 day moving average is GBX 3,347.21 and its 200-day moving average is GBX 3,286.91. Rio Tinto plc has a one year low of GBX 2,253.50 and a one year high of GBX 3,718.50. The firm’s market cap is GBX 65.33 billion.

In related news, insider Christopher Lynch sold 7,582 shares of the stock in a transaction dated Wednesday, May 31st. The shares were sold at an average price of GBX 3,108 ($40.47), for a total value of £235,648.56 ($306,874.02).
Also, insider Jean-Sébastien Jacques purchased 11 shares of the firm’s stock in a transaction that occurred on Monday, July 17th. The stock was acquired at an average price of GBX 3,501 ($45.59) per share, with a total value of £385.11 ($501.51).

About Rio Tinto plc
Rio Tinto plc is a mining and metals company. The Company’s business is finding, mining and processing mineral resources. The Company’s segments include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations. The Company operates an iron ore business, supplying the global seaborne iron ore trade.

Analyst Recommendations for Rio Tinto plc (LON:RIO)
12 BUY ratings
6 HOLD ratings
1 SELL rating

© The Cerbat Gem Investing News and Analysis 2012-2017. All rights reserved.

[christh] 08/8/2017 09:48

The Rio Tinto Limited share price just hit a 6-month high on the soaring iron ore price

Motley Fool Staff |
August 8, 2017

The Rio Tinto Limited (ASX: RIO) share price hit a six-month high yesterday as the miner enjoys the tailwind of the rising iron ore price. Since the November 2016 election of U.S. President Trump, global commodity prices and stock markets have been on a tear, as investors anticipate fiscal loosening and rising inflation.

In fact iron ore prices hit a 4-month high overnight as Chinese demand for the steel-making ingredient lifts on the back of China’s mega-construction programs.
As a result of its rocketing profits, Rio Tinto is planning on buying back some US$1.2 billion of shares on market between 3 August, 2017 and 31 December, 2017.

Just last week Rio Tinto revealed plans to hand back up to $US3 billion to investors via dividends and share buybacks in total as a result of strong iron ore prices, with investor expectations sky high for when BHP hands down its full year profit report to the market within the next two weeks.

The Big Australian is more diversified than Rio and will enjoy investor support into Christmas 2017 if iron ore prices stay around US$75 per tonne, or even screech higher.

[arja] 08/8/2017 09:16

gimmetheloot - in markets seeing a week ahead is an achievment and not smart to say things like that even if the chart is looking more promising .

[christh] 08/8/2017 08:47

Latest Upgrades on RIO TINTO
Date.........Broker.............Recommendation..New target price.......Notes
08 Aug 17....Barclays Capital.....Overweight...........4100.00.......Reiterates
03 Aug 17....Deutsche Bank...........Buy...............4200.00.......Retains
20 Jul 17....JP Morgan Cazenove....Overweight..........4000.00.......Reiterates
19 Jul 17....Deutsche Bank...........Buy...............4200.00.......Retains
19 Jul 17....HSBC....................Buy...............3800.00.......Reiterates
19 Jul 17....Macquarie...........Outperform............4000.00.......Reiterates
18 Jul 17....Morgan Stanley.......Equal weight.........3430.00.......Reiterates
14 Jul 17....Barclays Capital.....Overweight...........4100.00.......Reiterates
14 Jul 17....HSBC....................Buy...............3800.00.......Reiterates

[christh] 07/8/2017 16:03

higher and higher it goes.

The iron ore price is going up and up that drives the shareprice upwards.
Iron ore above $73 a tonne and heading to $80 per tonne.


It might hit £37 today....

[gimmetheloot] 07/8/2017 14:20

Rio is the most efficient miner of iron ore in the world.

They are continually buying there own shares and they will cancel them once they complete buying. They are buying 10% of the issued share capital.

I can see £50 per share in the next 6-9 months!!

[christh] 07/8/2017 08:03

It should break through £36 easily today.
It might get to £37 by Thursday....

The momentum is strong.
The price of iron ore will help for higher profits and higher share price.

[christh] 07/8/2017 07:37

Also see here

Iron Ore PRICE $76.29 USD +2.81 (3.68%)
Official Close 8/6/2017


hxxp://markets.businessinsider.com/commodities/iron-ore-price

[christh] 07/8/2017 07:31

According to Metal Bulletin, the price for benchmark 62% fines soared 1.6% to $74.12 a tonne last Friday, leaving it sitting at the highest level since April 11 this year.

[arja] 04/8/2017 12:37

interesting reading .

he New Commodity Rally



Commodity prices have been rallying hard since mid-June. The Bloomberg index is up about 6% but more importantly for us, iron ore has surged 32% and coking coal the same.

The reason is simple: China’s property market is running again: national sales volume rose 21% in the year to June.

The question for investors is whether it’s a fundamental turning point for Chinese property, or a mini-rally in the long-term downtrend; it looks more like the latter than the former, although housing inventories are apparently at the lowest level for six years, so there’s unlikely to be any big reversal in the short term.

Construction starts and real estate investment figures are both up about 10% in the first half and GaveKal’s analysts reckon that building activity looks likely to stay strong until the end of the year.

But the sales rebound in June is the third mini-cycle since the peak in 2016.

[christh] 04/8/2017 07:47

Copper Eyes $3 Amid Upbeat Chinese Data

hxxp://www.ino.com/blog/2017/08/copper-eyes-3-amid-upbeat-chinese-data/?id=2DA072&mktcode=blogclick#.WYQUYrj2RrY

[christh] 03/8/2017 22:56

ACTION 3 Aug '17 - 19:36 - 1214 of 1215
Robrah
Let me know the reentry level .....Lol

Why do you want his rear entry?

LOL

[arja] 03/8/2017 22:18

I did not know the buyback only applies to London listed stock and not in USA or UK. see below .

Mining giant Rio Tinto lost $1.64, or 2.5 per cent, to $64.20 a day after posting a 93 per cent rise in half year profit and launching a $US1 billion buyback of its London-listed shares.

[action] 03/8/2017 19:36

RobrahLet me know the reentry level .....Lol

[action] 03/8/2017 15:24

Out now all the best to rest of i

[action] 03/8/2017 13:57

Well done Christh

[christh] 03/8/2017 13:54

£35 closing today and by thursday next week, 10 August £36.

[action] 03/8/2017 12:03

3228 level to watch for buying in