Rio Tinto Share Discussion Threads

[action] 15/8/2018 12:39

Robrah,

R u there. Is it time to enter or wait for 3500 as per chart pls?

[losos] 10/8/2018 11:32

christh - "It should recover tomorrow"

My general 'rule of thumb' is recovery by the time the divi actually paid. That is always about 4 weeks and can be as long as 8 weeks.

No idea if RIO will comply with my 'rule' haha but has taken another hit today. Like I said above it's all Trumps fault haha. I know the media don't like him and the markets hate uncertainty (We all know that) but the end game for him is a better trading relationship with the rest of the world. Will he achieve that ? Nobody knows, no one has tried his method before !!!!

[losos] 09/8/2018 11:53

christh - "onwards to £46 in 3 months time(in my opinion)"

Not sure about the 3 months bit haha. Trump is throwing everything up in the air and the markets don't know what to expect. Hopefully this will get sorted but RIO share price will not take off until it is sorted. In the meantime I'm happy to pick up a quite good divi.

[christh] 09/8/2018 08:37

down today because it goes x-divi

It should recover tomorrow, onwards to £46 in 3 months time( in my opinion)

[arja] 02/8/2018 10:14

not so sure about that christh as it has fallen through chart support and 3800 level is next support level . With this looming trade war , anything is possible in markets and best to be cautious . good luck

[christh] 02/8/2018 10:01

heavily oversold.

A great opportunity to Buy and make money.Also the dividend is very good.

[christh] 01/8/2018 15:42

Rio Tinto delivers $5.9b half-year profit and hands shareholders back almost $10b
By business reporter Stephen Letts
Updated about 5 hours ago

A cashed-up Rio Tinto has handed shareholders $US7.2 billion ($9.7b) back after bailing out of Australian coal-mining operations.

The dual-listed Anglo-Australian mining giant unveiled a half-year profit of $US4.4b ($5.9b).

While the result was slightly down on expectations, it will pay out a record first-half dividend of $US1.27 a share, which represent about half of the company's underlying earnings.

[christh] 01/8/2018 15:40

Mining giant Rio Tinto sees first-half profit rise and plans additional $1 billion share buyback


.Rio Tinto reported a rise in first-half profit for 2018 at $4.38 billion, up 33% on
the previous year.
.The mining giant plans to buy back an additional $1 billion in shares.

[christh] 01/8/2018 15:40

Mining giant Rio Tinto sees first-half profit rise and plans additional $1 billion share buyback


.Rio Tinto reported a rise in first-half profit for 2018 at $4.38 billion, up 33% on
the previous year.
.The mining giant plans to buy back an additional $1 billion in shares.

[arja] 01/8/2018 11:56

always dangerous to hold on results day and I closed my RIO cfd yesterady at a small
loss but timing bad as I sold at 4168 and it went much higher ! ( wry smile ) . looking to re-enter today when it looks like it has bottomed .

[careful] 01/8/2018 10:35

Rio getting hammered -5% on results day.
results looked good.
other miners down also.

[arja] 30/7/2018 15:10

niot sure why but bigger discount to USA price recently - about 65p today !

[arja] 26/7/2018 08:09

held back today at opening by downgrade by aussie broker . closed at a much higher level in USA

[kenmitch] 24/7/2018 22:02

China infrastructure news. Big gains for mining sector today.

[arnietwo] 24/7/2018 21:37

So what caused us to go up 4.75% today ??

[arja] 19/7/2018 18:58

RIO up and down like a ypyo Christh and I made a mistake by buying after today's dip as did not recover much ! Hope you are keeping well .

[christh] 16/7/2018 10:35

17 07 2018
Quarterly operations review
2nd quarter operations review 2018 – 8.30am Sydney (11.30pm London on 16 July)

[christh] 16/7/2018 10:34

Rio Tinto, BHP, Vale tipped to report strongest ever quarterly iron ore exports

UBS believes Rio Tinto shipped 88.9 million tonnes from Western Australia in the quarter; a performance that would be its second best quarter ever and would put it on track to test the top end of its iron ore export guidance range for the 2018 calendar year.

[mirabeau] 12/7/2018 11:42

Grasberg sold

[arja] 03/7/2018 21:06

something to be aware of


hxxp://www.sharecafe.com.au/sharecafe.asp?a=AV&ai=49148

[arja] 25/6/2018 21:08

yes, up and down like a yoyo and mining stocks hot today aggravated by the big fall in USA markets, Wonder what tomorrow will bring ! ( smile )

[arnietwo] 20/6/2018 12:09

Arja, thanx but today its gone back up 2% so i really dont understand the fluctuations, only that they always happen !!

[arja] 19/6/2018 21:00

actually a strong dollar results in weaker base metal prices as they are priced in dollars . Also , this talkj of a trade war is affecting sentimnt and probably more downside to come .

[arnietwo] 19/6/2018 17:33

Can anyone tell me why Rio dropped 3% today.
I thought if dollar gained against pound then Rio went up.
4th july and we are down even more ?? Can anyone explain why ?

[book5] 06/6/2018 22:46

Market needs more metals, structural deficit
Enjoy the rally