sharetrader
Page 3 of 7 FirstFirst 1234567 LastLast
Results 21 to 30 of 61
  1. #21
    Advanced Member Entrep's Avatar
    Join Date
    Mar 2008
    Posts
    1,859

    Default

    BHP or RIO?

  2. #22
    Veteran novice
    Join Date
    Jun 2007
    Location
    , , .
    Posts
    7,289

    Default

    Quote Originally Posted by Entrep View Post
    BHP or RIO?
    For me, neither - until the price of iron ore shows signs of an upturn. BHP is the more diversified of the two but then diversification isn't helping when all metal prices are under pressure!

  3. #23
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,697

    Default

    Im reading RIO (a lowest cost producer)has a sustainable yield over 7% and BHP has to borrow to pay a divv!!.This article below is suggesting the mkt is getting down there;am watching.

    http://www.afr.com/business/mining/...-of-shares-to-fund-asset-buys-20160106-gm0pu3

  4. #24
    Veteran novice
    Join Date
    Jun 2007
    Location
    , , .
    Posts
    7,289

    Default

    RIO expects the mining downturn to deteriorate further this year.

    http://www.ft.com/intl/cms/s/0/af7de...#axzz3xFa5aBzr
    Last edited by macduffy; 15-01-2016 at 07:59 AM.

  5. #25
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,697

    Default

    Feb 12 (Reuters) - Rio Tinto Ltd (RIO) :

    • Rio Tinto 2015 full year results (RIO)
    • FY underlying earnings $4.5 billion versus $9.31 billion a year ago
    • Final dividend of 107.5 US cents per share
    • Capital expenditure expected to be around $4.0 billion in 2016
    • Continuing to target 20 to 30 per cent gearing ratio through the cycle.
    • Underlying effective tax rate of approximately 27 to 30 per cent expected in 2016.
    • Operating cash cost improvements (including exploration and evaluation savings) of $1 billion (pre-tax) expected in 2016
    • Production guidance is unchanged from the fourth quarter operations review.
    • Operating cash cost improvements additional goal of $1 billion (pre-tax) in 2017
    • Net debt as at December 31, 2015 $13.78 billion versus $12.5 billion a year ago
    • FY net loss $866 million versus net earnings of $6.53 billion a year ago
    • Sees underlying effective tax rate of approximately 27 to 30 per cent expected in 2016
    • Says "for 2016, we intend that the full year dividend will not be less than 110 US cents per share"
    • Believes that maintaining the current progressive dividend policy would constrain the business
    • Expects total cash returns to shareholders over longer term to be in range of 40 to 60 percent of underlying earnings in aggregate through the cycle
    • Believes maintaining the current progressive dividend policy would act against shareholders' long-term interests
    • Replacing the progressive dividend policy with a more flexible approach
    • Low capital paths being pursued with spend focused around silvergrass and Oyu Tolgoi underground




  6. #26
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,697

    Default

    1. Rio TintoSales and marketing
      " China’s steel industry is undergoing a structural change.
      o Removal of less efficient steel-making capacity and strong demand is supporting steel pricing

      and currently provides a robust backdrop for high quality iron ore.
      Shipment guidance for 2018 remains unchanged at between 330 million and 340 million tonnes.



      • Expected spending of ~$2.2 billion on replacement mines over the next three years including initial spending on the Koodaideri,
        West Angelas and Robe Valley developments.



        • Sustaining capital spending of ~$1 billion per year for the next three years in the Pilbara."

          BHP , new $3.2 billion iron ore project too.

          Looks like a good few years coming for M/S companies as the cycle enters an active up period. Holding MND indirectly, SRG and
          a few TPP. What are you into M/S wise.?











  7. #27
    Legend peat's Avatar
    Join Date
    Aug 2004
    Location
    Whanganui, New Zealand.
    Posts
    6,435

    Default

    I'm feeling a little bit nervous about RIO


    RIOsnip13-12-2019.png

    BHP confirms.

    What's going to happen in the commodities sector? It looks like something will,to me.
    I could be wrong of course but really looks like a bearish pattern to me.!
    Last edited by peat; 14-12-2019 at 09:47 PM.
    For clarity, nothing I say is advice....

  8. #28
    Guru
    Join Date
    Dec 2010
    Location
    near Mangonui Northland
    Posts
    4,080

    Default

    only 30 + hours to get your 2020 picks in .... about ONE DAY
    Be aware of wizards, for they are subtle and quick to anger.
    that not forbidden is mandatory.
    Anyone but o'brien

  9. #29
    Legend peat's Avatar
    Join Date
    Aug 2004
    Location
    Whanganui, New Zealand.
    Posts
    6,435

    Default

    just over two months ago I said

    Quote Originally Posted by peat View Post
    I'm feeling a little bit nervous about RIO


    RIOsnip13-12-2019.png

    BHP confirms.

    What's going to happen in the commodities sector? It looks like something will,to me.
    I could be wrong of course but really looks like a bearish pattern to me.!

    turned out being more of a double top but **** really has hit the extractor now.
    RIOMarch 2020.jpg
    For clarity, nothing I say is advice....

  10. #30
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,739

    Default

    Arrogant management ...somebody should blow up their HQ

    Hope these Aberdeen people sell their shares

    https://www.smh.com.au/business/comp...02-p54yqm.html
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •