Rio Tinto Share Discussion Threads

[sarkasm] 10/11/2019 09:55

Broker Forecast - JP Morgan Cazenove issues a broker note on Rio Tinto PLC
By BFN News | 09:50 AM | Wednesday 06 November, 2019

Factsheet Rio Tinto PLC Ord 10P (RIO)


JP Morgan Cazenove today reaffirms its overweight investment rating on Rio Tinto PLC (LON:RIO) and cut its price target to 5270p (from 5490p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

[sarkasm] 10/11/2019 05:35

turvart


totally agree with you

hoping to get in as soon as cash freed up

lots of opportunities out there especially if trump continues with russian mountain
antics


Turvart
9 Nov '19 - 23:18 - 2014 of 2014
0 1 0
Sarkasm,

You may well be right that this is a sell, however I’m accumulating this and don’t really care if I lose money short term because the long term view will be more rewarding.

Regards.

[turvart] 09/11/2019 23:18

Sarkasm,

You may well be right that this is a sell, however I’m accumulating this and don’t really care if I lose money short term because the long term view will be more rewarding.

Regards.

[sarkasm] 09/11/2019 08:20

Looking to buy early jan 2020


sp getting more interesting by the day


perhaps Trump will do a santa claus tweet and create a rally however

[sarkasm] 09/11/2019 08:10

Stock Technical Analysis

Overall

Targets Six months: 5180.66 One year: 6051.02

Supports Support1: 4111.36 Support2: 3911.00

Resistances Resistance1: 4435.50 Resistance2: 5180.66

Pivot Point 4155.70


Moving Averages analysis

Price and moving averages has closed above its Short term moving average.

Short term moving average is currently below mid-term; AND below long term moving averages

. From the relationship between price and moving averages; we can see that: This stock is NEUTRAL in short-term; and BEARISH in mid-long term
.
Bollinger Bands Analysis

RIO.L has closed below upper band by 39.5%. Bollinger Bands are 12.6% wider than normal.

The current width of the bands does not suggest anything about the future direction or movement of prices.

[sarkasm] 09/11/2019 08:05

Last Signal: SELL

Last Close:
4,206.00
Change:
-126.50
Percent change
-2.92%

Signal Update

Our system’s recommendation today is to SELL. The pattern finally received a confirmation because the prices crossed below the confirmation level which was at 4,332.50, and our valid average selling price stands now at 4,295.07.

The previous BUY signal was issued on 04/11/2019, 4 days ago, when the stock price was 4,249.69. Since then RIO.L has risen by +1.07%.

Market Outlook

The market ran out of steam and the traders are now more in agreement about the bearishness.

The evidence is strong enough to prompt the closing of long positions.

The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated.

You still have time to follow the signal and then you may start checking other securities for a bullish bet.

[waldron] 08/11/2019 16:58

Iron Ore 80.36 USD -2.19(-2.73%)
Gold COMEX 1,467.60 +0.08%
Silver COMEX 16.91 -0.62%
Platinum NYMEX 895.10 -2.07%
Copper COMEX 2.68 -1.61%
Brent Crude Oil NYMEX 62.07 -0.35%
Gasoline NYMEX 1.62 -0.44%
Natural Gas NYMEX 2.85 -0.38%
(WTI) 56.78 USD -0.26%


Rio Tinto
4,206 -2.92%

Bhp
1,726.8 -1.43%

Anglo American
2,064.5 -2.02%

Glencore
254.4 -1.66%

[maywillow] 08/11/2019 07:09

Same to you

[adrian j boris] 07/11/2019 13:45

RIO Goldman Sachs Buy Up from 4,800.00 to 4,900.00 Reiterates

[adrian j boris] 07/11/2019 13:36

Global mining companies are re-examining how they pay their chief executives, aiming to diminish the impact of external factors--like swings in commodity prices--that can mask a leader's true performance.

At issue are big bonuses linked to total shareholder returns that can swell or shrink depending on how a company's share price performs. Miners--like companies in other sectors--say pay deals that rely too heavily on these bonuses can encourage risky behavior such as taking on big expansion projects or employing severe cost-cutting initiatives that, in some cases, take years to clean up.

Instead, mining companies argue pay should be linked more closely with strategic targets, because that would better reflect what an individual executive can influence. A number of big miners including BHP Group Ltd., Rio Tinto PLC and South32 Ltd. are seeking to make changes to their executive pay plans, some starting from next year.

"Mining companies' profitability, and therefore executive remuneration, is highly cyclical and strongly driven by market factors that are outside of their control," said Bill Hartnett, stewardship director at Aberdeen Standard Investments, which holds about 3.2% of BHP's London-listed stock for clients.

BHP already has seen the pay for its CEO decrease in recent years. Marius Kloppers, who stepped down as CEO in 2013, earned as much as $16 million a year during a tenure that coincided with a China-led boom in prices for some of BHP's top commodities including coal and iron ore.

His successor, Andrew Mackenzie, who took home a total of $3.5 million for fiscal 2019, has operated the company during a period of falling commodity prices as the world digests increasing amounts of supply from natural gas to iron ore.

Messrs. Kloppers and Mackenzie declined to comment.

Forecasting the cycle of commodity prices is a hazardous business. Bad weather sometimes disrupts supply, while demand for metals and minerals can rise or fall on political edicts, especially in China.

Another big weakness in the current system: Building a mine or bringing an oil field into production can take longer than the time horizon for determining bonuses. That is especially the case when permits are needed from regulators or new infrastructure such as pipelines or railroads must be built.

BHP's directors say linking more pay to a performance scorecard could be the answer. New stock awards would be held back for five years so that directors can be sure that management took decisions proven to create value. Those proposals were overwhelmingly accepted in final voting on the company's revamped policy at a meeting of Australian shareholders Thursday, with about 94% of holders of the U.K. and Australia listed shares agreeing to the changes.

Had this policy been in place for Mr. Kloppers, he would have earned $19 million, or about 25%, less during the roughly five years through mid-2013, BHP said. Mr. Mackenzie would have earned only 2%, or $1 million, more than he has in the years since succeeding Mr. Kloppers.

It might not be the last changes made by the company. Directors also plan next year to clarify and strengthen the link between performance on climate-change goals and pay, BHP said.

"We are at the early stages of engagement with other major miners on their remuneration plans," said Mr. Hartnett, the fund manager, who supports BHP's proposal.

Still, finding a balance that satisfies investors in different parts of the world isn't easy.

Two years ago, Rio Tinto proposed replacing long-term performance share awards with restricted stock, while at the same time lowering the contribution of those long-run bonuses to the CEO's total pay packet.

The proposal "was well-received in London. It was less well-received in Australia," Chairman Simon Thompson said at a shareholder meeting earlier this year. It was set aside.

Rio Tinto says it is talking to investors and could try again, noting its remuneration policy must be reviewed every three years under U.K. law. "The board remains of the view that restricted stock has considerable merits in a long-term cyclical industry such as mining," the miner said.

South32, which is also reviewing its pay structure, said it is hard to strike a balance that ensures it is still attractive to executives who might otherwise give the base-metals miner a pass.

South32 Chief Executive Graham Kerr this year relinquished 4.7 million Australian dollars (US$3.2 million) in long-term bonuses that were part of a deal agreed when BHP spun off the business. The bonus in big part reflected a more than 40% rise in South32's share price since it began trading in 2015.

"I don't think any of us expected to see South32 perform as strongly as it did over the first four years of its long-term plan," South32 Chairman Karen Wood said at an investor meeting recently. "We all felt--and by all, I'm including Graham very much in this assessment--that it would deliver an amount of money that we thought was not appropriate."

Mr. Kerr was unavailable for comment.

Write to Rhiannon Hoyle at [e-mail] and Robb M. Stewart at [e-mail]



(END) Dow Jones Newswires

November 07, 2019 08:14 ET (13:14 GMT)

[sarkasm] 06/11/2019 11:39

JP Morgan Cazenove Overweight DOWN FROM 5,490.00 TO 5,270.00 Reiterates

[waldron] 05/11/2019 17:12

Iron Ore 82.45 USD -1.10(-1.33%)
Gold COMEX 1,483.60 -1.82%
Silver COMEX 17.55 -2.88%
Platinum NYMEX 930.40 -0.88%
Copper COMEX 2.70 +1.10%
Brent Crude Oil NYMEX 62.79 +1.06%
Gasoline NYMEX 1.65 +0.67%
Natural Gas NYMEX 2.95 +1.90%
(WTI) 57.12 USD +1.01%

Rio Tinto
4,343 +1.14%

Bhp
1,764.6 +2.43%


Anglo American
2,086.5 +0.31%


Glencore
259.15 +2.76%

[podgyted] 05/11/2019 07:05

Up 1.2% in Oz.

[waldron] 04/11/2019 17:06

Iron Ore 82.45 USD -1.10(-1.33%)
Gold COMEX 1,508.90 -0.17%
Silver COMEX 18.00 -0.29%
Platinum NYMEX 940.10 -1.46%
Copper COMEX 2.66 +0.30%
Brent Crude Oil NYMEX 62.67 +1.59%
Gasoline NYMEX 1.66 +1.39%
Natural Gas NYMEX 2.91 +3.78%
(WTI) 57.27 USD +1.94%



Rio Tinto
4,294 +3.02%

Bhp
1,722.8 +2.95%

Anglo American
2,080 +1.79%

Glencore
252.2 +4.67%

[waldron] 04/11/2019 15:01

thanks adrian et al

Just for the record, i do not short

i buy,hold and sell inaccordance with my needs

very pleased with how the markets are today

long may it continue or atleast to the end of week


cheers fellas

[adrian j boris] 04/11/2019 14:05

pretty sure most on here are not shorting shares

and we do not ramp or deramp


waldron and podgyted, thanks for your input

you both tell it as it is with unnecessary ceremony


waldron i like your box system for its simplicity but prefer resistences and supports which of course does not rule out fundementals and news

enjoying todays positive sentiment

[grupo] 04/11/2019 13:05

Rio Tinto
4,299 +3.14%

Royal Dutch Shell
2,297 +1.93%

British American Tobacco
2,773.5 +1.17%

Bhp
1,721.6 +2.88%

Astrazeneca
7,515 +0.67%

Anglo American
2,078.5 +1.71%

Standard Chartered
718.8 +1.81%

Glencore
251.2 +4.25%


looking good billy ray

[florenceorbis] 04/11/2019 12:51

Had to smile

theres seems to be talk already of a SANTAS RALLEY

Can i hear those sleigh bells ringing


up up and away rudolph,branser and danser

[florenceorbis] 04/11/2019 11:12

One has to just love these positive days despite being overcast,raining and windy here



all rather exciting

is it really up to 4270p

[turvart] 04/11/2019 11:12

It's not nice being bullied and myself being called a big head just because I understand fundamentals and IMO the MM's have sided with me and took you shorters to the cleaners for bullying me.

[sarkasm] 04/11/2019 11:08

most shares are going up this morning, some more than others thanks to positive news
surrounding the chinese trade talks

oil and miners especially