RIO - Over $100??

**Viking** · 29-05-2007, 11:32 PM

Any taker to estimate when RIO hit the A$100 bench mark???
It has been up and down around the 90s for a while now~ it would be quite a psychological boost for the stock or perhaps it is a barrier?

**Viking** · 08-11-2007, 10:51 PM

They are well over $110 now~ since my last post~ anyway~
the rumor has it that BHP is acquiring RIO, are they any substance in them?
I remember someone talking about it a while ago on either the BHP tread of others about this~ but seems the rumor has surfaced again~

**Huang Chung** · 08-11-2007, 10:56 PM

As I understand it, European anti-trust rules would probably get in the way of a Rio BHP merger.....but if they promised to divest certain assets, there might be a possibility.

**Viking** · 08-11-2007, 10:58 PM

How do the European anti-trust coming to their picture? may i ask?

**Huang Chung** · 08-11-2007, 11:02 PM

Just what I've heard Viking....market domination and all that jazz. Not an expert in the field I'm afraid......

**Huang Chung** · 08-11-2007, 11:24 PM

After a very quick Google Viking....

Resource Investor 12/5/2007.....'However, the flip side is the anti-trust worries that might arise. Indeed, the Australian government has already stated that it would look very closely at ant-trust issues before giving its approval to any merger between BHP and Rio'.

The Australian 10/5/2007....'It would be by far the world's largest mining group, and would be the world's largest producer of copper, coking and thermal coal, and rival Brazil's CVRD as the world's largest iron ore producer.
But it would also create serious anti-trust and trade problems in several countries, and could well require significant divestments of assets, which reduce the benefits of coming together'.

But on the other hand....

Forbes 11/5/2007.....There are of course a few good reasons why a takeover wouldn't work. A BHP-Rio combination would have a 40% combined share of the seaborne iron ore market, which would rival market leader CVRD (nyse: RIO - news - people ) of Brazil, which has a similarly sized share.

Australia's Treasurer, Peter Costello, was quoted by The Associated Press as saying that any bid by BHP would have to be scrutinized. "If BHP wants to make an offer for any company, and I'm not saying whether it will or whether it won't, it would have to pass a number of tests, including competition tests," he told reporters in Canberra. But Lehman Brothers' LaFemina believes antitrust should not be "a major issue."

**yogi-in-oz** · 01-08-2008, 01:29 AM

Hi folks,

RIO ... technically, the price action on 28072008 has confirmed 25072008,
as a morning star pattern and working from a geo perspective, we can
confirm 28082008 as another significant date.

Here's our astroanalysis for RIO, over the next few months:

11082008 ... significant and positive ... finance-related???

13-14082008 ... 2 significant cycles and positive news expected here

22082008 ... minor and positive lunar aspect

28-29082008 ... 2 significant and conflicting time cycles, one
positive and one negative = flat trading at a high ???

03-05092008 ... significant and negative news expected here,
as 2 negative RIO cycles, come out to play

29092008 ... 2 negative and one positive cycle, should focus
a negative spotlight on RIO, at New Moon

06102008 ... minor and positive lunar aspect

13-14102008 ... minor and positive cycle

24102008 ... minor time cycle

29-30102008 ... minor and positive light on RIO

07-10112008 ... minor and positive news expected

17-18112008 ... significant and positive cycle - finance-related ???

25-28112008 ... 3 time cycles to bring minor news

15-16122008 ... 2 aspects to bring significant and positive news

29122008 ... positive spotlight on RIO

02-05012009 ... expecting a short and aggressive rally

07012009 ... minor news

09-12012009 ... minor and positive ... finances ... ???

15012009 ... minor news

26012009 ... minor cycle

-----

After a strong start to February 2009, particularly around 02022009,
the next round of negative cycles should begin, about 11022009 ...

More later

have a great day

paul

=====

**Joshuatree** · 10-12-2015, 10:09 PM

ARE WE THERE YET!!!

Near a bottom!!?

Craigs have a buy,12 mth target price $66 current price $43.06. "Tier 1 Aluminium will beat expectations again" PE 2015 est 10 , D/Y 7.3% NETT
EV/EBITDA 5.2

4 traders 4 buys 6 outperforms 4 holds 4 sells but not upgraded since 12 /10.

M/star hold valn $38 on 8th Dec

**Joshuatree** · 13-01-2016, 12:34 AM

S/P $39. 15 Low debt, sustainable div (unlike BHP) re 7.5% yield but fully franked? Two thirds of worlds Iron Ore miners are underwater, many won't re open for a long ,long time.