Member Info for golden5hares

Excellent news I've chucked in 90% of portfolio at around 2830 p,other 10% now freed up and going in this morning.

Good time now imo but if not sure why not filter investment in .

http://www.fool.co.uk/investing/2014/12/11/why-rio-tinto-plc-should-be-in-your-income-portfolio/

Have a good trip.

You could jump on rio as your fantasy share!

Now 1725p :)

Glad to to hear you've been safe and well in another cave lol. rio bought at 2818,stamp duty added 14p, commission just found out was 50 pounds lol so that's roughly another 5p a share. To be honest I'm not too fussed about the fifty the way I see it they're doing me a favour freeing up 90% fund money instantly. So my basic cost is 2837p share on roughly 1000 shares Selling at 2900 would have made me about 600 which I probably would have taken had I not been asleep (hazard of working nights), so still holding. Rio and bhp have got total control of the iron ore price,it's a delibrate strategy to strangle the smaller suppliers at present.At some point supply from smaller suppliers will curtail,Rio might cut back supply and the price of ore will possibly double imo.Anyway costs have been slashed and eps is forecast to almost treble this year in spite of ore price drop.Forecasts for this year pe about 9,eps roughly 310p and a div of about 130p (4.7%approx). In summary rio know what they're doing they've got control of ore price,it's a volatile share if the ore price shakes the share price down further so be it I will hold.But with eps and pe ratio of about 9 due,I reckon further dips will be temporary and the usual range of 3000-3400 will return before April.

Thanks,hope you put in an entry for the tipster comp this month. Hot hasn't posted since last Wednesday on any of the boards hopefully he's ok.

weir group current price 1666 p.

Officially opened now entries by end of Dec. Winner biggest % profit from declared buy price and declared sell price.Sell price must be posted on here within 30 minutes of virtual sell.

2818p

Back in 2118p 90%.

To be honest Tom I wouldn't feel comfortable putting all my pension fund into a fund that has showed a loss three years consecutively it just seems too much of a gamble ,far better to put it into something like Artemis global income in my unqualified opinion.

Now not know lol

picking back up know I think, probably the best time to buy.

2850 after dow opening!

2885 now waiting for 2850 pre dow opening.

They sometimes let people put their funds for sale and spend 90% of the value instantly on shares before the sale of funds has completed.

I'm allowed to put funds up for sale and access 90% value instantly for telephone dealing only.

rio like a hawk at the moment! around 2910