Member Info for driftking27

If one is to value CPG on a SELL, HOLD, BUY, this is a HOLD. This is a strong business and is a growing business, hence the high valuation based on a metric of 20 times this years earnings. The FTSE trades currently at 13 - 14 times.

... Can see a drop to at least 3146p ( if haPPens, part is my house number ( 146 ))...lol That's 1.2%.

...Risen too much to substansiate the news on PMI numbers abroad. Its down tomorrow... Still want to add, just don't know how the BHP demerger will work out, maybe the RIO SP would benfit as those would sell the demerger deal and buy RIO instead? That's what I'm thinking along the lines of. Going to also buy Rolls Royce as well very soon, as its hit support level of 978p.

One small matter regarding holding shares on ASX, would be the FX going forward.

I am a holder of BHP BIlliton, and also RIO. This news is actually a welcome to our FTSE mine field of commodity stocks, as it will maybe help to reduce volatility... The question, why did I just see a large trade of 1.185m shares go through after hrs today? Think this is a watch and see stock...

...Though don't take them literallly, its just a guidance. http://www.brokerforecasts.com/companies/RIO

Chinese GDP is odds on to miss estimates and record 6.8% to concensus of 7.5% that is required. Was talked about in Saturdays Daily Mail.

This has dropped nearly 16% since last rise, and has crossed the support line of 3080p. This is a buy. GS had a ridiculous target of 2530p back in July. If it drops below 3000p its a watch and see what happens...

Might buy another 100 if it drops close to Support of 3105p Resistance 3351p.

Which would a newbie investor side with on starting a position here with Smiths Group? Technicals or fundamentals? It still looks expensive at a PE of 22 at present versus FTSE around 16-17.

Just read an article regarding RIO in The Times newspaper super six investments (AGA(UK), RPC(EU), UNP(US), BG(LATIN), VEDANTA(INDIA), RIO(CHINA); RIO. More than a third (35%) of Brit_Aust mining sales are to China and is well balanced there. Recent statements indicate a continued focus on its iron ore (50% of revenue). Prices have fallen on slowing steel demand, but bullish analysts say that the british firms lower output costs offset this. The miner went from a loss in 2012, to net profit in 2013 of $3.7bn, by cost-cutting measures and significant lower aSSet writedowns and reduced capital spending. The company is working to cash in on China's appetite for diamonds, marketing stones to super-rich.

US Bank Goldman Sachs gets on a catalyst to propel JMAT higher. They now (16/8/14) have a 3980p target from 3146p ( todays sp ). JMAT are trading below their 10yr historical average. Their note to clients, said continuing upside surprises in EU automativ production data should be driver for earnings upgrades for JMAT, which will report full year earnings in November. The implementation of tougher diesel emmisions legistation in China and a further tightening of exhaust emission standards in EU should benefit FTSE.

Because it was a miner, I was more inclined to reduce my rather big holding of shares before going ex-dividend. I sold 35 at 3498p on Tuesday before ex-div date 13th. Nice profit from holding from average of 1917p area. Going to buy a nice Gold Kruggerand coin I saw. ATB everyone invested here... I still have 482 share left to dabble with over the next 6mths. I also have BHP shares and will be doing the same with them, though exIdiv date is not until September.

Wonder if it will hold above 3400p when it goes ex-div on Wednesday 13th. RDsB goes ex-div on that date also. Below is link to dividend information for RIO Tinto plc. http://www.riotinto.com/investors/rio-tinto-plc-7991.aspx

RIo will announce 1st half of 2014 results 7/8/14. Rio will go ex-dividend on 13/8/14, and they have a record date of 15/8/14. Let's hope this sp can withstand the worsening economic data in Africa / Asia & far east. I hold 517 shares. I will be selling RIO when we start raising interest rates, and transfering funds to pharmaceutical stocks, more defensive... ATB.

If you like a stock, my thought from what iv been doing is start a holding with a 1/3 of total cost, then evaluate it then drip feed if and when interests start to rise with two more purchases.. all the best

I found this in the FT paper (4/7/14), regarding earnings of RIO, and what we investors have to remember: '...earlier in 2014, police in Mexico seized 120,000 tons from a drug cartel. It was enough material to warp the minds of billion ppl 900 times over - if the haul had been cocaine, not iron ore... In short, metal bulky to move. Iron ore lucrative to ship to China, even for the Knights cartel. Then big miners increased production, taking out costs - swamping market and lowering prices. That increased supply will in turn push up ship rates. Yet these higher freight rates & lower iron ore prices are not pushing down RIO sp, despite iron ore providing 4/5 of EPS. Sheer cost cuts & volume might protect RIO. Rio second biggest producer ( VALE is top I believe ). But if iron ore remains weak, this is time for shareholders to demand more from a lighter metal where RIO is also 2nd, but where they been saddled with losses for yrs: ALU. RIO produced 3.5m tons in 2013. It plans to produce 100 times as much iron ore from Western Australian mines. But, ALU business is more complicated. Mined bauxite is refined into alumina before being smelled. Capacity is hard to shut when prices drop - as in last decade of deja vu oversupply. Rio's purchase of Alcon in 2007 for $39bn exemplified flaw. This unit has been IGNORED by market at present. But, costs have drastically fallen, goods sold were below $10bn last yrs versus $12bn in 2011. DB analysts think the unit will have $2bn free cash flow in 3yrs, compared with $2.2bn for RIO as a whole in 2013!, AND THAT IT'S CONTRIBUTION to group earnings will rise to a tenth... That will lead investors in RIO to look past iron ore, FOR ONCE. THEY should look at margins but at the returns RIO will promise when it starts building new production cap. Bauxite has recovered especially fast. The trick will be ensuring RIO and others do not produce even more than the market needs, once again. Over n out... I hold 517 shares in RIO ..

Thought I'd post the outlook view of BAE Systems I found through HL.co.uk On balance, with current financial year earnings expected to fall by 5% to 10% compared to 2013 and ongoing government defence budget uncertainties weighed against the support of a major share buy-back programme and a dividend yield of over 4.5% (as of 07 May 14 - not guaranteed), analyst consensus opinion currently points towards a strong hold. ********************************** Negative Points: The group's reported 2014 earnings per share are expected to reduce by approximately 5% to 10% compared to 2013. The US defence budget has not yet been agreed in detail. The Chief Executive previously noted that "Budget pressures in some of the group's larger markets are expected to prevail." Due to various government stakeholder disagreements, merger talks between BAE Systems and EADS (now renamed Airbus) back in October 2012 were terminated. A combined BAE Systems and EADS would have established a company able to rival Boeing. Both BAE and EADS would have diversified their respective product profiles. Sales relationships for each may have been used to benefit the other. Cost savings may eventually have been made. Procurement and sourcing efficiencies available to the enlarged were expected to provide the early focus. Given reduced US government defence spending, major US competitors are also likely to be seeking sales elsewhere in the world.  Positive Points: The UK and Saudi Arabian government previously agreed pricing terms for the purchase of 72 Eurofighter aircraft, known as the Salam contract. The Saudi government ordered 72 Eurofighters in 2007 for £4.5 billion, but the contract faced obstacles over escalating costs. The announcement removes previous uncertainty. In February 2013, the group initiated a share repurchase programme of up to £1 billion over three years. As at 19 February 2014, the company had purchased £271 million worth of shares. The Chief Executive pointed towards US defence spending budget reductions much as the company had anticipated. He pointed to a more predictable outlook than seen in recent years. In the UK, business continued to benefit from long-term, stable contracts in the maritime and military air sectors. The company continues to seek business away from its key UK and US markets. For its International business, a further £9.3 billion of order intake was achieved during 2013. The evolution of BAE Systems has seen the group's business develop from an equipment supply-centred model to one that now embraces a services culture. In 2012, 50% of the company's sales were generated in services across a wide range of activities and geographies. The current dividend remains attractive in a low interest rate environment (over 4.5% as of 07 May 14 - not guaranteed). A progressive dividend policy continues to be pursued - the full year 2013 dividend was increased by 3% to 20.1 pence per share.

On technical basis, its a buy.. It's been through its bad spell... Plus, its not in FTSE yet, so is atm an unknown stock that is missed by many... Buy when bad, sell when good...

Hi, I used be here years ago, just for the fact we had wars in Iraq, Afghanistan. Now we have been given the US military defense cuts. Do we believe that wars are going to be a fact of life in these current war torn countries, I believe so, and that Defense budgets will just grow again in another 5years ( like a yoyo effect ).. I found a Motley Fool article pointing to possibility of market cap nearly doubling, and so shareprice could be valued at 700-824p in near future.. Why don't I jump in on the act, and say BAE Systems shareprice could be 1500p... http://www.fool.co.uk/investing/2014/06/17/bae-systems-plc-could-be-worth-824p/