$204.48 -5.84 (-2.78%)
11/27/2009 1:00 PM

Rio Tinto plc (ADR) (RTP)

CAPS Rating: 5 out of 5

An international mining group, combining Rio Tinto plc and Rio Tinto Limited. The Company's principal product and global support groups are Iron Ore, Energy, Industrial Minerals, Aluminium, Copper, Diamonds, Exploration and Technology.

Results 1 - 10 of 10

Recs

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Member Avatar pjani06 (98.15) Submitted: 11/7/2009 3:05:19 PM : Underperform Start Price: $202.85 RTP Score: +0.70

big time mining play - fundamental value arbitrage @today's levels:
BUY TC & TCK
& SELL SHORT RTP & IVN

Recs

0
Member Avatar TRGoodvsEvil (< 20) Submitted: 7/3/2009 7:29:03 PM : Underperform Start Price: $125.35 RTP Score: -39.34

This portfolio tracks the performance of good vs. evil companies.

Evil elements:
- Complicity in or direct violations of environmental, labor and human rights in Indonesia, Papua New Guinea, Philippines, Namibia, Madagascar, the United States and Australia, among others.

Including:

- Eviction of the local small scale miners in the Kelian gold mine in Borneo. The families were displaced to shanty towns. Followed up in the area with a culture of sexual harassment and rape centered around the company. An independent inquiry determined that victims of sexual abuse had been threatened with dismissal if they did not cooperate or were promised a job or money in return for sex. Rio Tinto didn't inform their shareholders of this finding. (here) and (here)

- In the 70s supported the apartheid government of South Africa through uranium mining operation in Namibia that the UN called 'virtual slave labour under brutal conditions'. These operations, by admission of the company chairman maintained a 'private army' for the purposes of suppressing civil or labour unrest. (here) Keeping large gun happy security forces that are accused of everything between intimidation and outright targetted murder of opposition leaders in communities near Rio Tinto concerns is a practice the company still maintains today.(here)

- Their attempt at greenwashing includes both the typical aesthtic use of landscapes that they are actually in the process of despoiling and also the coining of the oxymoron 'sustainable mining'. (here)

- Under their subsidiary 'Bougainville Copper ltd', through pollution (they dumped the toxic tailings from their mine directly into the main river) and disregard for the local community whilst giving significant amounts of money to the central government they were instrumental in bringing about a full secessionary war in Bougainville in Papua New Guinea. (here) and (here) The area has been completely destabilised for around 40 years now.

Recs

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Member Avatar srk85 (86.57) Submitted: 5/18/2009 6:02:30 PM : Underperform Start Price: $144.17 RTP Score: -20.41

Negative growth expected over the next several years. Thus, growth-adjusted PE is almost 40, compared to others miners averaging less than 10.

Recs

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Member Avatar cubanstockpicker (81.31) Submitted: 3/31/2009 3:47:01 PM : Underperform Start Price: $114.25 RTP Score: -40.76

bhp probably buy alcoa at a fraction of alcan deal with rtp. how will rtp and chinalco feel after that?

Recs

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Member Avatar shauntee (66.72) Submitted: 7/21/2007 8:01:21 AM : Underperform Start Price: $254.38 RTP Score: -5.58

Not real sure at this time. Call it a hunch.

Recs

0
Member Avatar volcanbaru (< 20) Submitted: 5/29/2007 7:08:14 AM : Underperform Start Price: $233.26 RTP Score: -11.42

Current price is leveraged on the GBP as well as speculation on takevoer

Recs

0
Member Avatar kawalabear (< 20) Submitted: 4/23/2007 10:19:36 AM : Underperform Start Price: $200.50 RTP Score: -24.04

Pending lawsuit bodes ill for this megaminer

Recs

5
Member Avatar poodlechick (83.09) Submitted: 2/13/2007 12:22:08 AM : Underperform Start Price: $170.28 RTP Score: -39.19

If you are buying this stock in hopes to strike it rich, you are in for a sad surprise, you would a better chance convincing Wilie Wonka to drill for chocolate in a vegetable field!

Recs

3
Member Avatar hybridinvestor (< 20) Submitted: 12/16/2006 3:35:55 PM : Underperform Start Price: $174.25 RTP Score: -35.76

I think current inflation data is not so good news for metals and other commodities in general. I also think the market realizes the Fed is serious about combatting inflation and that it is going to take more than just one or even more report of benign inflation data to make them alter their imho bias toward tightening. They will per Bernanke's claim to fame wait until they hit inflation level targets even if this is not formal policy at this time.

We're also seeing many attempts world-wide to slow growth with rate increases in Europe, Japan, China, Korea, etc. as well as many of the emerging markets raising reserve requirements to pull liquidity of the system to slow things down. Wait for the commodities bust before buying back in.

Recs

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Member Avatar gcgang (23.36) Submitted: 9/8/2006 7:01:30 AM : Underperform Start Price: $158.36 RTP Score: -39.33

Speculative premium in commods will cool over next several months.

Results 1 - 10 of 10

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