Rio Tinto Share Discussion Threads

[stevenrevell] 28/2/2018 17:52

Is this x div tomorrow

[datait] 28/2/2018 10:08

EDL about to zip up get in quick

[uen_investor2] 28/2/2018 09:34

SRB Serabi

Currently producing 38,000 ounces, at cost of circa 700 USD an ounce...

Just aquired another mine to add 32,000 ounces and help to lower costs...

Almost 10 million USD in the bank

Highly profitable

Mkt cap 25M

Flying under the radar, 12.5k of buys yesterday pushed it up 17%.

[arja] 08/2/2018 09:07

yes , surprisingly weak today and RIO in OZ recovered well after a bad stast and maybe same will happen here later today - bit all mining stocks hammered today !

[linton5] 07/2/2018 16:35

Pretty good reaction I’d say pj,look at Kaz and Ved good results reaction count yourself lucky

[pj fozzie] 07/2/2018 10:46

Results look really good to me - why such a low key reaction from the market? I'd have expected a bit of a boost.

Cheers,
PJ

[arja] 02/2/2018 19:14

at long last the DOW is npt being bought on dips and MAYBE it might be the start of a bear market although chart shows it may be near uptrend support line . nice weekend all.

[bonkers3] 30/1/2018 15:46

Ian,
Thanks for the suggestions.
Onward and upward...
Bonkers

[arja] 23/1/2018 08:56

hi Ian ,
NIce to see you again . mining sticks hit today even with the Dow roaring and I guess the strong pound recently does not help although a temporary weakness today . I tend to focus on S32 more recently as nice to trade it when getting an idea of what might happen for lead market in OZ . Also, good to trade the DAX with a spreadbet as it is much more dynamic than the FTSE .

[ian davenport] 11/1/2018 13:01

Bonkers - welcome to class
to be honest - no idea, I'm sure Dr Google's shady cousin Investment Banker Google would be able to help - id guess if you delve into some of the Rio website it might tell you . Otherwise I expect on there will be some detailing of share buy back and cancellations they have done, and you could work it from there.
Not a topic that has come up on here in the 11 or 12 years I've been contributing to the board - I appreciate no of shares into value of company does indicate a fair value per share, but people to focus more on the ins and outs of intra and day to day moves in the price

[robrah] 11/1/2018 08:01

MEDIA – Rio is said to drop pursuit of $5 bln stake in lithium miner – Bloomberg

[bonkers3] 10/1/2018 14:29

To those who might like to advise a back of the class lurker...

Am I right in thinking there are about 1,367,858,000 shares in circulation based on market cap of about £55 billion and today's price of £40.85?

Wondering how this compares with past periods.

e.g how many shares were in circulation just prior to announcement of the 2009 rights issue (21 new for 40 old)and how many were in circulation in Jan / July 2011 when it was around £44 per share?

Appreciate any response.

[ian davenport] 09/1/2018 15:33

the whole sector is on a roll, so I suppose we are now vulnerable to the "Chinese new year shutdown" stories again, and so will see Rio back to £35 in a couple of days!

[christh] 09/1/2018 15:13

Hi chaps,
happy New Year and a very nice year will be.
"Let you winnings run and cut your losses".
I believe there is lot higher to go, probably £45 and tank there.
But who knows maybe £55? or £65?
Commodities trending and the flavour of the 2018.

[robrah] 09/1/2018 14:45

It has been a great break out . Locked in to take a ride to 52 . Christh , finally will break even :)

[ian davenport] 09/1/2018 14:10

happy New Year to all - Christh , Are you still watching the market - I was astonished to see this above £40 and not a peep from you - hang on, you'll get out flat eventually at this rate! roll on £50 now I suppose?

[sogoesit] 10/12/2017 12:19

Feature in this week's "Investor's Chronology" about falling demand for steel, and iron ore, in China due to housing/construction policy and anti-pollution policy to favour higher grade iron ore (avoiding sintering throughout China). They predict 4-5% pa steel demand decline over next few years.

On a separate comment Vale was talking down prices recently too, but for another reason:

Do Pilbara miners worry about this?

Contrarily Credit Suisse says the opposite about prices:


There you have it, clear as the red stuff!

An observation: in Beijing recently and quite a lot of (new) office space looks empty. Stock of old housing, however, is still looking poor (reminding me of the 1980's!!).

Not a holder currently in RIO but out researching and looking for yield to replace bonds.
(FMG is my preferred Fe stock but copper been looking bright recently).
Trying to get a hold on the new "paradigm" post the end of the super-cycle.... and whether these stocks could go lower, for better yield, or rebound; clouded by GBP forex on the fake news Brexit "breathrough" of course.

[arja] 07/12/2017 15:07

any mini rally in mining stocks seems to be hit by sellers and then a retreat. I assume metal prices are still falling and certainly copper still looks shaky

[action] 06/12/2017 08:21

Based on that RIO will go lower below 34

[action] 06/12/2017 08:20

View from one of the investor

[action] 06/12/2017 08:01

Copper near term bottom as per cnbc 280.

[robrah] 15/11/2017 14:18

Short hedge closed and topped up with the profits