| Any comments? | |
|---|---|
| Jul 27, 2009 22:00 | #31   |
 | Bobert, if you haven’t read it already can I suggest you get your hands on a copy of “The Chinese have a word for it” by Boye Lafayette De Mente. ISBN 0-658-0178-6. It may help explain why your debate with Marrie is completely futile. Dodger. |
| Jul 28, 2009 01:40 | #32 |
| Thanks for your advice Dodger. I appreciate it and of course your absolutelty correct, it's futile. I haven't yet read "The Chinese have a word for it", but I definatley intend to in the near future. From the obvious frustration, bordering on anger, I have demonstrated here lately you would have every right to think I am a China newbie. In fact I have visited China 15 times staying at least one month each visit so I should know the ropes by now. I should have know better than to try to discuss logically or rationally with a Chinese national. I have been an idiot. It wont happen again! Marrie..believe what you want. I am buying RIO TINTO stock and I am making money! I bought more stock two weeks ago at A$47.50 and have made almost 30% profit already, plus dividends. I have no intention of selling them any time soon. In fact I will buy MORE! |
| Jul 28, 2009 02:25 | #33 |
| Thanks again Dodger. Very interesting reading; http://books.google.com.au/ =frontcover&source=bl&ots=iTPg-HP9g-&sig=sDhlWY_rSyT2wu6ahbHAQs8Z5zA&hl=en&ei =yKRuSuzvFovwMYyTgdUI&sa=X&oi=book_result&ct=result&resnum=2 |
| Jul 28, 2009 03:55 | #34 |
| Bobert, glad I could help. I actually scanned and emailed a few chapters to a mate in Sydney the other day after a phone call from him. He sounded equally frustrated. Also another good read; “China Marches West” by Peter C. Perdue. ISBN 0-674-0684-X Dodger. |
| Jul 28, 2009 14:38 | #35 |
| Thanks again Dodger, I will have a look at "China Marches West" as well. If you send this link to your mate in Sydney he will be able to access the first 100 pages of the book online; http://books.google.com.au/ =frontcover&source=bl&ots=iTPg-HP9g-&sig=sDhlWY_rSyT2wu6ahbHAQs8Z5zA&hl=en&ei =yKRuSuzvFovwMYyTgdUI&sa=X&oi=book_result&ct=result&resnum=2 |
| Aug 3, 2009 23:53 | #36 |
| Rio Tinto shares are trading at $63.50 today (up another 5%) Marrie. They just keep going up and up! Not too bad for a company you say is in financial difficulties. I think I'll buy some more and hope China arrests some more of their executives. It's a great recipe for success. |
| Aug 4, 2009 19:01 | #37 |
| It's estimated that Rio Tinto's sales revenue be reduced by 37.1% compared with last year. And it's business is shrinking by 64.3% and the estimated growth rate for the next 5 years could be -14.5% per year. Its fair market value has reduced by 52.8% during the past one year which is much higher than the average 21.73% S&P 500. Besides 200 day moving average is lower than 50 day moving average, which mean the trend is sliding down. |
| Aug 4, 2009 21:53 | #38 |
| You still don't get it Marrie. You say RIOs "estimated growth rate for the next 5 years could be -14.5% per year." but the share price keeps going UP! Is the entire finacial world mad except you????????????????????????? |
| Aug 4, 2009 22:17 | #39 |
| GUEST20229 | rob, congrats on you collecting wallets in market where everything is priced at the ground floor level. |
| Aug 13, 2009 15:26 | #40 |
| "rob, congrats on you collecting wallets in market where everything is priced at the ground floor level." I have absolutely no idea what that means. |
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