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| FunkDaddy |
 Posted: Mon Apr 10, 2006 2:50 pm Post subject: RIO |
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Investing Associate
Joined: 18 Mar 2006
Posts: 27
This Month: 0
5576.25 e$
Net worth: 8,081.89
Portfolio Value: 2,505.64
Monthly Return: 6.38%
Trades this month: 0
Churn Rate: 0.00%Items
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| Rio Doce. Cramer seems to be loving it. What's everyone's thoughts on it? |
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| Dave Rathbun |
| Posted: Mon Apr 10, 2006 2:58 pm Post subject: |
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CFO
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What are your thoughts?  |
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| FunkDaddy |
| Posted: Mon Apr 10, 2006 3:07 pm Post subject: |
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Investing Associate
Joined: 18 Mar 2006
Posts: 27
This Month: 0
5576.25 e$
Net worth: 8,081.89
Portfolio Value: 2,505.64
Monthly Return: 6.38%
Trades this month: 0
Churn Rate: 0.00%Items
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It seems to be on it's way up. Maybe it's the wrong time to buy? (Too late perhaps?)
I really don't know much about the Steel & Iron industry to be honest. But this company seems to be heavily into hydroelectric as well which I think will be a big energy source worldwide soon.
Sorry if it's considered rude to post a topic here without divulging your own thoughts  |
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| Dave Rathbun |
| Posted: Mon Apr 10, 2006 3:11 pm Post subject: |
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CFO
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| FunkDaddy wrote: | | Sorry if it's considered rude to post a topic here without divulging your own thoughts |
Oh, please don't take it that way.  It's just that you'll often get more responses if you give people something to talk about, at least that's my experience. I gave you a good long answer to your dividend question in another one of your topics. |
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| nelaina |
| Posted: Mon Apr 10, 2006 4:36 pm Post subject: |
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CFO
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Ive been watching RIO. I don't own it but I think now would be a good time to buy...don't wait because its probably going much farther.
if i had the extra $$ right now i would buy it in real life. Im all about this industry, sector, and location right now
Change Net / % 0.47 / 0.97%
1y Target Est: N/A
Today's High / Low $ 48.92 / $ 47.80
Share Volume 2,316,200
Previous Close $ 48.70
52 Wk High / Low $ 51.59 / $ 25.02
Shares Outstanding 749,949,000
Market Value $ 36,170,040,270
P/E Ratio 11.48
Forward P/E (1yr) N/A
Earnings Per Share $ 4.20
Annualized Dividend $ 2.1308
Ex Dividend Date Apr. 13, 2006
Dividend Payment Date N/A
Current Yield 4.28 %
Beta 1.55
RIO |
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| Im Not Warren Buffett |
| Posted: Mon Apr 10, 2006 6:04 pm Post subject: |
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CFO
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| nelaina wrote: | Ive been watching RIO. I don't own it but I think now would be a good time to buy...don't wait because its probably going much farther.
if i had the extra $$ right now i would buy it in real life. Im all about this industry, sector, and location right now |
I think something notable that has been neglected to be mentioned so far is that Alcoa (AA) just turned in a steller earnings performance, which should serve to really kick off earnings season on a bullish note. Alcoa's size and position makes it the bellwether of the basic materials sector. I know that Alcoa's report caused a sizable jump in Alcan (AL) stock as investors have higher expectations for another aluminum company.
As everyone probably knows from the BRIC hype, the Brazilian market is scorching hot, and the aluminum sector especially is on the upswing of its cycle. That is why I think now is the time to be very wary about entering into those types of stocks - can you say top of the bubble? |
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