Rio Tinto Share Discussion Threads

[turvart] 07/2/2020 20:15

La Forge,

I'm personally not surprised how RIO is coming down after your post.

[turvart] 07/2/2020 19:03

Ha Ha HA,

I tell you what Waldron, one of these days I'll take you down the underground at Oyu Tolgoi I'll even hold your hand singing Rio will be coming around the mountain as she comes, if you like.

[waldron] 07/2/2020 18:19

SOME SAY A STRONG SUPPORT AT 4083p

[waldron] 07/2/2020 18:17

STOXLINE

Targets Six months: 5270.48 One year: 5619.83

Supports Support1: 4028.50 Support2: 3351.71

Resistances Resistance1: 4512.39 Resistance2: 4811.50

[turvart] 07/2/2020 17:51

HA HA HA,

Britishbulls!

They certainly won't change my outlook on what my comfort should be with RIO!

[waldron] 07/2/2020 17:48

Signal Update

Our system’s recommendation today is to STAY LONG.

The previous BUY signal was issued on 05/02/2020, 1 day ago, when the stock price was 4,224.16.

Since then RIO.L has risen by +1.57%.

Market Outlook

The market is not rosy but our bullish bet is still valid.

There is not a definite sign to disturb your comfort


BRITISHBULLS

[waldron] 07/2/2020 17:45

so the week endeth in the 4000 to 4200p BOX

[waldron] 07/2/2020 17:31

Iron Ore 81.65USD 0.69(0.85%)
Gold COMEX 1,570.60 +0.04%
Silver COMEX 17.66 -0.91%
Platinum NYMEX 967.50 +0.01%
Copper COMEX 2.56 -1.37%
Brent Crude Oil NYMEX 54.76 -0.31%
Gasoline NYMEX 1.68 +0.68%
Natural Gas NYMEX 1.89 +0.32%
WTI 50.68 USD -1.46%


Rio Tinto
4,187 -2.41%

Bhp
1,673.6 -2.74%


Anglo American
2,032.5 -2.63%

Glencore
233.2 -2.43%

[turvart] 07/2/2020 17:28

I said this 2 weeks ago arja, but as per usual Waldron shot me down and said it was business as usual.

I'm Long on Rio and my holding is coming up slowly but surely, but don't be surprised to see RIO visit 3750.

[waldron] 07/2/2020 17:21

Price (GBX) 4,187.00 Var % (+/-) -2.41% (Down -103.50)
High 4,306.50 Low 4,172.00
Volume 3,146,794 Last close 4,187.00 on 07-Feb-2020
Bid 4,187.00 Offer 4,188.00
Trading status Post-Close Special conditions NONE

[arja] 07/2/2020 13:14

mining stocks pounded today after holding up yesterday and even star performer RIO is well off . I guess Chinese situation says it is best to avoid miners for a while until corona virus under control.

[grupo guitarlumber] 07/2/2020 11:38

Rio Tinto Proposes Resolutions to Amend Constitution, Reveal Emissions Targets
07/02/2020 10:45am
Dow Jones News

Rio Tinto (LSE:RIO)
Intraday Stock Chart

Today : Friday 7 February 2020
Click Here for more Rio Tinto Charts.

By Joe Hoppe



Rio Tinto PLC (RIO.LN) said Friday that two resolutions would be proposed at its annual general meeting on May 7, to amend its constitution and to disclose emissions targets.

Australian mining giant Rio Tinto's shareholders will consider a special resolution amending the company's constitution at the meeting in Brisbane, to allow ordinary resolutions at general meetings to request information about how directors of the company have exercised powers.

A second ordinary resolution was proposed to request the company to disclose short, medium and long-term targets for its greenhouse-gas emissions targets, and its progress toward them.

Shares at 1012 GMT were down 71.5 pence, or 2%, at 4,219.5 pence.



Write to Joe Hoppe at [e-mail]



(END) Dow Jones Newswires

February 07, 2020 05:30 ET (10:30 GMT)

[waldron] 07/2/2020 07:50

u2 ted

take care

[waldron] 06/2/2020 17:06

Iron Ore 80.96 USD 1.09(1.35%)
Gold COMEX 1,567.70 +0.31%
Silver COMEX 17.80 +1.10%
Platinum NYMEX 965.80 -2.16%
Copper COMEX 2.59 +0.58%
Brent Crude Oil NYMEX 54.89 -0.71%
Gasoline NYMEX 1.65 -0.10%
Natural Gas NYMEX 1.89 +0.05%
(WTI) 50.88 USD -0.59%


Rio Tinto
4,290.5 +0.41%

Bhp
1,720.8 +0.03%

Anglo American
2,087.5 +0.72%

Glencore
239 +0.97%

[adrian j boris] 06/2/2020 11:25

Should FTSE investors buy BHP or Rio Tinto shares in February?

Tezcan Gecgil, PhD | Thursday, 6th February, 2020 | More on: BHP RIO

Markets have been volatile in the past few days. If you are nervous about your portfolio, you may want to consider buying into FTSE 100 dividend stocks that may potentially help you weather further choppiness.

Today, I’d like to discuss two companies with robust dividend yields that provide exposure to the resources sector.

BHP

Headquartered in Melbourne, Australia, BHP (LSE: BHP) has diversified operations in four segments: coal, copper, iron ore, and petroleum.

It purchases and operates long-life, large commodity-producing resource assets such as coal mines or iron quarries. Its portfolio of assets, which is considered amongst the highest quality in the world, has been generating significant free cash flow for BHP. Analysts emphasise that copper, in particular, has especially good fundamentals that look set to continue for many years to come.

Management has also been diligent about debt reduction, which has translated into cash returns to investors. With a current dividend yield of 5.1%, and a trailing price-to-earnings ratio of 15.6, the shares appear to offer good value for money.

Rio Tinto

Another option to consider in the resources sector is Rio Tinto (LSE: RIO). The group also owns a number of world class assets across several different commodities.

Like BHP, the mining giant has generated strong free cash flow over the last few years and returned the majority of it to shareholders through dividends and buybacks.

If iron ore prices remain favourable in the near term, I’d expect management to be in a position to reward shareholders with generous dividends again in the new year.

My colleague James McCombie has recently highlighted that over the past decade your total return on RIO shares“would have been 8% on average each year”.

At the time of writing, the stock supports a dividend yield of 6.0%. Moreover, the shares are trading at a trailing P/E ratio of 6.9. This seems to suggest that the stock offers an acceptable margin of safety at current levels.

What could derail these two stocks?

While it’s almost impossible to completely avoid the impact of a recession or a deep correction on a portfolio, it is possible to minimize it by buying high quality stocks that pay regular dividends.

However, you should also remember that volatility in commodity markets affects the prices of these resources that both of these companies sell.

Since the last financial crisis of 2008/09, commodity cycles have become mostly China-driven. Therefore, if future months show a decline in Chinese demand for commodities, bottom lines of these companies may also be affected.

After the US, China is the world’s second largest economy. So markets pay attention to any news headlines that may have a China component. However, if history is any guide, markets tend to recover from such headlines that may cause short-term profit-taking.

Furthermore, stocks of international companies like BHP Group or Rio Tinto can be particularly attractive for UK-based investors, because their fortunes don’t depend on our economy. As such they’d be immune from any further turbulence we may have due to the upcoming trade negotiations with the EU. The signing of the the U.S.-China phase one trade deal has also been good news for both companies.

Therefore, I’d regard any potential price drop in either BHP or RIO shares as an opportunity to buy into either company.

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Here’s your chance to discover exactly what has got our Motley Fool UK analyst all fired up about this out-of-favour business that’s throwing off gobs of cash!

But here’s the really exciting part…

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He even anticipates that the dividend could grow nicely too — as this much-loved household brand continues to rapidly expand its online business — and reinvent itself for the digital age.

With shares still changing hands at what he believes is an undemanding valuation, now could be the ideal time for patient, income-seeking investors to start building a long-term holding.



tezcang has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

[christh] 06/2/2020 11:11

That's the spirit.
Onwards and higher.
In the horizon I see £49 as the demand for quality iron ore is increasing.

GLA

[adrian j boris] 06/2/2020 11:08

LOL

MAKING SURE YOU ARE DOING YOUR THING FOR RIO

MORALE EXCELLENT

[christh] 06/2/2020 10:49

Boris,
What are you doing here?
How is Brexit doing?

[christh] 06/2/2020 10:42

There you go!
A sweetener for the Chinese.
Rio will be in their good books.
They will prefer buying from Rio rather than anyone else.
Excellent move.

Don't forget results on the 26 February.
Another special dividend this year.
£49 is my target also some brokers.