Member Info for picstloup

23 different brokers have analysis on Rio. 9 "strong buy", 1 "buy", 10 "neutral" and 3 "strong sell". Hundreds of highly intelligent, highly paid people looking at the same figures and coming up with results 180° apart.

I've held and topped up from the mid 80s, and in the long term done very well, very well indeed, but quite badly sometimes in the short term. 20% down in the last 3 months is pretty pants, even with the lovely divi.

The interim divi will be interesting. Iron ore is generally a bit down on last year, copper and aluminium broadly similar, but energy costs have rocketed so the FOB cost will be probably 20% up on last year, so I doubt we'll get a special and suspect the normal divi will be lower - to pluck a figure from the air, I'll be happy if we get $3 in September.

Yup, things are pretty rubbish. I've held since before foot and mouth, and done very (for me very very) well over the years, fortunately selling most of my holding (briefly up to 0.3% of the company) mostly in 2017-8 (needed the dosh for other things). I've still got a few and am holding them, but not planning to add any time soon - last time I was in the Carlisle store half of it was being pointlessly repurposed and poor Kevin was being kettled at the back so I had to drive round specially just to pick up my lamb milk and tip food. And the accounts people are as irritating as ever with their obtuse billing system and incomprehensible discount policy.

Down from £55. Seems pessimistic but plausible. Meanwhile up about $1.50 in New York during the 2 day London closure, so just as likely to hit £60 again next week or later this month (or year, or decade, or sometime - I don't care, some of mine from the 80s have a book price of under a fiver).

No forgetting that TGA has risen 25p ish on JSE while London has been closed

Added another 10% to my holding, using up last week's divi and a bit of spare cash, taking my average up to almost £10. The very positive trading update had surprisingly little effect on the sp, so let's hope the iterims send us back over £15.

Added another 15% to my holding at £11.03, first top up in 7 years, taking my average up to £4.72.

Good luck with that. I'm holding, as I think the wft is already priced in, but if it's worse than people expect then the price will drop. But if they guarantee that it will be a genuine one off and don't milk us excessively, then ironically I think the price could actually go up to true value, and they'll be able to push the divi back towards 47c rather more quickly than they've dared with the tax threat paralysing normal decision-making.

Agm statement: "2022 has started strongly, with a record performance for orders, revenue and profit for the four months ended 30 April 2022".

Might dip in for a few more when soe divis arrive this week - I've bought a couple of tranches in my ISA since April, taking my average up to nearly £9.

Changing the name to "Videndum" which seems both pointless and fatuous.

So, 36.3p a quarter in March 2020, down to 11p that June, 12.3p last June and, at current $ rate, 20p this June.

I've topped up by 35% since the covid plunge, so will be getting 75% of the total March 2020 divi next month.

And they still want to make me pay a "windfall" tax?

Up and down, up and down.

2 days of buyback at about $700000 a day, 185000 shares. At this rate it'll take about 4-5 months to use up our $100m. And take the price up to £5?

Massively above expectations. $2.5b extra share buyback.

Writing off Rosneft $25.5b. Payibg a billion in North Sea tax but calls for a windfall becoming deafening.

Opulentia has spoken, so I assume it will open about £1 lower.

Pratting on about saying "over £60 next week" or "£56 at close" etc is so very very pointless without providing any reasons why it might be so.

It will be so. It will be £56 at some point (probably soon), it will be £60 again (probably this year, possibly before half year results) and it will be £100 (probably in my investment span, ie before I die) but it depends on the price of iron ore (currently tanking), inflation, the price of copper, whether the Mongolian and Guinian and various other regimes are more or less corrupt and a lot of other factors.

Not on whether some plank on this board hopes it will happen soon and tediously repetitively repeats that hope.

On an otherwise largely red day for my portfolio.

Better than expected quarterly results, eps up, revenue up, only losing $300m on pulling out of Russia. Credit Suisse ups target to $166. I'm staying put for the moment, but it's been a dull few years , with only the 5.1% divi for consolation.

Will probably sell half if/when it gets back over $150, as think there are better places to park my dosh.

Norall wait for tomorrow's divi to arrive before reinvesting, but have littlcash left over from this year's ISA sub, so might as well stick it n hre on today's weakness, getting in just before itclocked back over 60 quid.

Been reinvesting my divis here fairly consistently for the last 3 years, and now have 40% more Rios than I had in 2018 (and about 4x the income from them).

It's a sold cyclical share, and pays delightfully at the top of the cycle. I've had some since they were £3 in the late 80s, and they've done me proud, but I wouldn't want to have to rely on them for steady income.

And as long as they don't do another Alcan ...

Another 8350 at 91.85p, using up part of this year's ISA sub. Not sure why it isn't showing on the trades. Takes my average down to almost exactly a quid.

The Public Investment Corporation has upped its stake in TGA from 8% to 9% and now up to 11.22% so far this month.

Bought a few of these for my ISA at £1.02.2. Not going to shoot the lights out, but decent yield and prospects of capital growth

Yes, I've just doubled my stake, at $42.33, taki g my average, including the 2 divis (at $38 and $34.77) to $35.55.

With divis reinvested, I'm expecting these to double in 3-5 years, possibly even fewer.