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Hi - I'm with Barclays but have still not received my dividend - Are any fellow LSE people in the same boat as me. I had the same issue with Glaxo which took an age to come through.
I'd be happy to sell at £440
£440_450 is coming.
driftking27, at the risk of sounding impertinent, investors have many different objectives, timeframes and attitude to risk. Me? Well I target capital growth and my tolerence to risk is HIGH. For me, a dividend is a welcome bonus. My time line? Well as I am in my mid 60's (my wife is a few years my junior) and we both fully anticipate living until in our 90's, we have a timeline of 30 to 40 years. Exactly the sort of timespan that is appropriate for the level of risk.
There are few jobs that will be "safe" as Artificial Intelligence or Machine Learning coupled with robotics is probably the future. As a broad and sweeping rule of thumb, the Northern Hemisphere has the brains and the Southern Hemisphere, the resources. Poor old piggy in the middle will suffer, either through famine, conflict or disaster.
This "old school investor" knows that I will get things 80% right with 80% of my chosen investments, I also accept that 20% of the time these "good" investments will go sour and some might go bust. But, this investor HAS to always be on the lookout for new investments as, first, you don't get rich by not banking profits, second, sometimes a duffer is picker. third and probably most importantly, is there a better place for investment to be made.
There are many other things to consider, of course, but simplicity helped me 5 decades ago.
As we are drifting away from the business of RIO to advice, a field in which I am neither qualified nor authorised to give advice, I shall confine my future comment on this b.board to the business of RIO.
For your eyes only
https://www.fool.co.uk/2023/03/12/heres-the-rio-tinto-dividend-forecast-for-2023-and-2024/
&
https://www.ajbell.co.uk/articles/investmentarticles/259396/ftse-100-dividend-forecasts-slide-amid-uncertain-climate
GS and ANZ have already stated thst dividends from these two miners will be lower for next couple of years from here seem on AJBELL graphs
If you do your due diligence you will find out the payout will be around about 6.5% yield todays price roughly. There will be a cut to Julys payout too which has been factored into this calculation
There are many places , posted links here too showing US & AUZ analysts expectations
Good luck.
Support is at 45-47.
On this note this morning First Republic bank has just been seized by US Feds and sold to JPM after collapsing .
There may well be more to come, so i would tread carefully. Wait and watch the VIX is my clue
The 2021 interim and final both had a special dividend and the total pay out was 756.42p per share!
This was always going to be cut on lower metal ore prices so I cannot understand why anyone would be surprised or upset at this. The current dividend on last years full 2022 was 406.98p and that yields 8.08% on todays SP, still pretty decent.
People perhaps waking up to fact that dividend was slashed...
If Rio sp keeps falling,at what price do i sell the car to buy more ?!
45 Is on the way.
My largest holding (% wise) is NVDA at 3% portfolio. This is followed by MSFT, ASML and VW. All exceed 2%.
Nothing would induce me to invest in TSLA as Musk is a liability. AMZN and WMT have been in my portfolio. FWIW I am a fan of pharmaceuticals, financials, and venture capital trusts. Geographically am inclined towards India and S America through IT’s focussing on manufacturing and infratructure
alas
ai is about to disrupt everything, the companies that can take advantage will have massive advantage.
Will this affect your buying decisions. Data will be money. Shame tesla hasnt got a divi. Please spill !
driftking27, you are so far off the mark it is amusing. My portfolio started in 1979, the first holding was Shell Transport and Trading. I have achieved average compound growth of 12.87% over this period including a loss last year of over 22%. My average bargain these days is £25,000 and RIO represents 0.5% portfolio - it was 2% portfolio during last year but I received a substantial inheritance following the death of my father. The quantity held has remained unaltered.
Whether we like it or not, mining activities will continue for as long as the food chain needs transport, communication needs copper and buildings require concrete.
That I have picked duffers in the past and taken losses is sensible. I invest the proceeds in businesses where not only I expect to recover those losses but also profit from my decision. The investment decisions I am making now are very different from those over 40 years ago. Once I retire, I need my savings to be of sufficient amount to last 30 years. I also fully intend to gift most of it to my children in as efficient a way as possible.
I start to buy this when it goes below £50 small regular buys via T212 then transfer to my is a when it goes back up. Interested to hear when others start to buy at .ATB
Driftking : more like up 1% now post market. Nevertheless like you I am long term (since 2014) and have bought in this big dip. Didn't need TA for that. This is a solid share now 15% of portfolio, and I am convinced the tide will turn and steel be in demand again. I shall be here with it.
difference between you and i, i have been an ‘ investor ‘ since 2003. You sound like your a neither trader nor investor and just starting out.
One tops up on big dips, something iv been doing all along, and enjoy the ride. You on other hand sells at a loss so i can get them cheaper.
The worlds best investor once said: Be fearful when others are greedy; Byt be greedy when others are fearful.
Hopefully you will learn.
Best of luck going forward !
driftking27, the domestic punter may wish to try to time entry or exit in their dealings with technical analysis (TA), but the financial community are rather more interested in facts such as those presented in the financial reports as well as other statements issued from time to time that hold bearing on the prospects for the company.
Geo-political influence can have a structural influence on the share price as we have seen with the recent news from Chile. The best that TA can do is show graphically when the best chances WERE to buy and COULD have sold. The decision that I made to buy shares in RIO in the quantity that I have was influenced by my desire for exposure to the mining sector and limited by cash in my portfolio. When the benefit of owning shares in RIO (or any other quoted company for that matter) ceases to be compelling for ME and MY ambition, then I will dispose of my holding at the best price.
I would prefer that I sell and bank proceeds at profit but if I need to take a loss, rather than try and recover paper losses by adding more money into the same company expecting to not only recover the paper loss but to make greater profits, experience has shown this to be usually unwise. I will generally look to invest whatever proceeds are recovered in a different enterprise. Besides, there are tax advantages for taking capital losses to apply against future gains (outside efficient wrapper).
I doubt that any investor will declare the quantity of shares held, may not even be accurate in the information and actually, why not mind your own business?
The buy signal from graphs was below 4999p anyone topping up with small amounts?
My weighting is around 7.5% have 295, what’s everyone else’s weighting in there portfolio?
The RSI jumped from 32 to 54 now. 70+ is a dead sell
https://www.fool.com.au/2023/03/10/heres-the-bhp-dividend-forecast-through-to-2025/#:~:text=Based%20on%20the%20current%20BHP,5.5%25%20based%20on%20current%20prices.
RIO has to step up and improve its Earnings analysts suggest at ANZ and a few others.
Dividend forecasts are to slow down further y0y.
Just watch how you weigh this holding.
https://www.fool.co.uk/2023/03/12/heres-the-rio-tinto-dividend-forecast-for-2023-and-2024/
I believe BHP is looking better going forward as it’s commodities are spread further than solely on ICE Iron Ore
https://www.msn.com/en-us/money/savingandinvesting/bhp-tends-to-win-as-an-investment-pick-over-rio-tinto-wealth-management-firm-says/vi-AA1a8fvD
£45 on the way!
On a technicals, it looks like it's going to test the October lows around £45.
Think of the upside. This is "cheap" in the context of sales and prospects in a pots-crash era. I have bought some more.
i did warn you all it would drop off the cliff eh!
But, we just top up at the bottom whenever that is . simple