Share Name Share Symbol Market Type Share ISIN Share Description
Rio Tinto Plc LSE:RIO London Ordinary Share GB0007188757 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 3,961.50p 3,973.50p 3,974.50p 3,996.50p 3,915.50p 3,938.50p 2,490,824 16:35:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 31,775.7 14,245.8 622.0 6.5 51,677

Rio Tinto Share Discussion Threads

Showing 57126 to 57146 of 57675 messages
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DateSubjectAuthorDiscuss
07/6/2019
20:14
Imo this will be a hard brexit just remember Rio is an Aussie company so Rio has nothing to do with Brexit on a technicality point of view, so this will be down to cable and cable could in fact be 115 so 5600 could actually be an understatement from me with insight and Barclays will go into silence.
turvart
07/6/2019
20:01
We Gentlemen are going to 5600 by next May 👍
turvart
07/6/2019
19:58
I’m not a lazy person and no disrespect to brokers but I don’t listen because I consider it noise!
turvart
07/6/2019
19:54
Kenmitch, Thumbs up from me mate, I knew I had a slight problem with this AUD thing, this is all coming into place and I won’t be running down my lane naked next May! LOL! 👍
turvart
07/6/2019
19:45
Best to take little notice of all broker buy and sell advice. Detailed research has shown that year after year broker buys end up doing worse than broker sells. Yes that’s right! The sells go UP more than the buys. So if really wanting to take notice of broker advice do the opposite of what they suggest! What moves share prices of most mining shares are commodity prices and also changes in the £1/$ exchange rate. Focus on those ahead of broker advice.
kenmitch
07/6/2019
19:44
All you Bulls in Rio let’s hope for a hard brexit lol of which incidentally I think it will be and my 5600 is looking great!
turvart
07/6/2019
19:42
So basically IMO, this is the way to go, when Sterling strengthens against USD it’s going down and viceversa, when they pay the Divi it’s GBP/AUD.
turvart
07/6/2019
19:41
In any particular year, currency fluctuations may have a significant impact on Rio Tinto's financial results. A strengthening of the US dollar against the currencies in which the Group's costs are partly determined has a positive effect on Rio Tinto's underlying earnings. Treasury management and policies - Rio Tinto Https://www.riotinto.com/investors/treasury-management-and-policies-6908.aspx
sarkasm
07/6/2019
19:36
I could actually kick myself! I should of known this all along!
turvart
07/6/2019
19:33
The penny has just dropped, I can see why the share price drop today, Sterling strengthening against USD, I knew I was going wrong somewhere with this AUD
turvart
07/6/2019
19:25
Turvart 7 Jun '19 - 19:15 - 338 of 339 0 0 0 I worked this all out years ago that Forex is like a massive gearbox and there were 3 massive cogs, being the EUR, GBP and USD and all the other currencies were smaller cogs to the gearbox and turn more frequently. It may actually be better for me to make my analysis taking Iron ore into the major factor of Rio earnings to watch cable rather than the GBP/AUD Turvart 7 Jun '19 - 19:21 - 339 of 339 0 0 0 Maybe that’s where I’m going wrong at the moment, I’m taking such a small currency into account being the AUD and I need to look at cable for the bigger picture with Iron ore being Rio’s biggest earner 👍 SOUNDS GOOD TO ME BUT REMEMBER ITS ONLY 44PC APPROX OF THE STORY Rio Tinto is one of the world's leaders in mining research, prospecting and operating. Net sales (including intragroup) break down by family of products as follows: - iron ores (43.6%): 271.3 Mt produced in 2017; - aluminum (26.3%): 50.8 Mt of bauxite, 8.1 Mt of alumina and 3.5 Mt of aluminum produced; - coal and industrial minerals (18.4%): coal (23.7 Mt produced), titanium dioxide pigments (1,315 Kt produced), borates (517 Kt produced) and salts (5.1 Mt produced) ; - copper and diamonds (11.6%): 478.1 Kt of copper produced and 21.6 million karat of diamonds produced; - other (0.1%): gold, silver, zinc and molybdenum. Net sales are distributed geographically as follows: the United Kingdom (1.1%), Europe (7.5%), China (44.2%), Japan (11.7%), Asia (12.8%), the United States (14.3%) , Canada (2.8%), Australia (1.8%) and other (3.8%).
sarkasm
07/6/2019
19:21
Maybe that’s where I’m going wrong at the moment, I’m taking such a small currency into account being the AUD and I need to look at cable for the bigger picture with Iron ore being Rio’s biggest earner 👍
turvart
07/6/2019
19:15
I worked this all out years ago that Forex is like a massive gearbox and there were 3 massive cogs, being the EUR, GBP and USD and all the other currencies were smaller cogs to the gearbox and turn more frequently. It may actually be better for me to make my analysis taking Iron ore into the major factor of Rio earnings to watch cable rather than the GBP/AUD
turvart
07/6/2019
18:56
so we hope that the australian dollar remains stronger than sterling and the australian economy strengthens again also that trump stops his economic and geo political negative war tweets so that metal prices and demands rise
sarkasm
07/6/2019
18:56
Forex actually makes a massive difference in trading just look when Sterling weakens with USD and AZN, BP. Comes up, there is no difference or should be no difference if Rio is has their earnings priced in AUD. Iron ore is actually priced in USD so if Rio has their earnings priced in AUD then when the AUD is getting stronger against USD then Rio are getting better earnings, this price drop is not making sense to me.
turvart
07/6/2019
18:47
Turvart 7 Jun '19 - 18:38 - 334 of 334 0 0 0 The Grumpy old men, I used to trade forex regular and it always baffled me that things went the wrong way to what they should, I came to the conclusion that 90% of people don’t know how to get it the right way around, I nearly traded in opposite direction to my understanding but my instinct wouldn’t let me so I packed it in, I’m still convinced to this day 90% of people don’t actually know which way around it should be. whats your point 90pc means nothing what we should be asking is what factors are stronger than currency impacts and will it impact for the the short,medium or longterm
the grumpy old men
07/6/2019
18:38
The Grumpy old men, I used to trade forex regular and it always baffled me that things went the wrong way to what they should, I came to the conclusion that 90% of people don’t know how to get it the right way around, I nearly traded in opposite direction to my understanding but my instinct wouldn’t let me so I packed it in, I’m still convinced to this day 90% of people don’t actually know which way around it should be. When Rio hit 4820, GBP/AUD was over 1.87, now Rio is just over 4518 with GBP/AUD around 1.82, seriously make sense if the earnings are priced in AUD.
turvart
07/6/2019
18:31
Turvart 7 Jun '19 - 18:03 - 332 of 332 0 0 0 I need some help to clarify the forex side of Rio. Upon my research are the earnings priced in AUD? Or am I mistaken?, if the earnings are priced in AUD, then I have noticed this trend: When Sterling gets stronger with AUD then Rio seems to go up rather than down and viceversa when Sterling gets weaker against AUD, Rio goes down. This should be the other way around. TEND TO AGREE IF A$ STRENGTHENS AGAINST THE GBP THEN THE GBP share price SHOULD GO UP NOT EASY TO SEE BUT BASE REPORTING CURRENCY SEEMS TO BE AUSTRALIAN DOLLAR Could there be other reasons for the distortion of the correlation that has a stronger incidence on the uk sp if the gbpound strengthens once the brexit fiasco is over than inaccordence with your theory the uk share price might well drop unless of course Trump stops his trade wars and helps economies get back on track
the grumpy old men
07/6/2019
18:03
I need some help to clarify the forex side of Rio. Upon my research are the earnings priced in AUD? Or am I mistaken?, if the earnings are priced in AUD, then I have noticed this trend: When Sterling gets stronger with AUD then Rio seems to go up rather than down and viceversa when Sterling gets weaker against AUD, Rio goes down. This should be the other way around.
turvart
07/6/2019
17:54
The Grumpy old Men, Thanks for the link, appreciated! P.S, great to see Gold bullish!
turvart
07/6/2019
17:42
Https://www.marketscreener.com/RIO-TINTO-9590196/consensus/
the grumpy old men
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