RIN - Rinker Group

[bowser]

Donald Trump Junior spoke on Fox TV and did not see the property market in slump. He appeared quite upbeat and confident when he spoke about Hawaii, NY and Florida.

Dont belive everything you hear. It's in Trump's best interests to talk the market up. They have half-completed projects in all the cities mentioned. 'The Don' went bust in the 90's during the slow down. Who's to say it can't happen again?

 

[Realist]

I rate Donald Trump's opinions particularly lowly, and I question whether he has much money at all. I suspect he could possibly even be in debt, and a property crash and high interest rate hike could be the end of him.

He is all show!

He doesn;t sell water, and do tv shows for nothing, hink he needs the money.

 

[swingstar]

Realist, I agree. I saw him plugging some network marketing campaign a while back (ACN).

I'm not sure if it was in the 90s, but at one stage in his life he was a few billion in debt.

 

[bowser]

Couldn't agree more Realist. Hell, he can't even afford to visit Ashley and Martin.

Yah Yah

 

[noirua]

I absolutely refuse to be trumped in this matter: http://en.wikipedia.org/wiki/Donald_trump

 

[swingstar]

By 1994, Trump had eliminated a large portion of his $900 million personal debt and reduced significantly his nearly $3.5 billion in business debt... In 1999, Donald's father Fred Trump, a multi-billion dollar real estate mogul, died. Fred Trump, the same man who cosigned Donald's first business loans, also happened to be the man who enabled Donald to escape from the massive financial morass he had created over the decades. Creditors who got stuck with the past losses were not as fortunate. Whereas Donald walked away from his empire unscathed, others were forced to take catastrophic writeoffs and losses even up to 2004, when Trump refused to continue to back his casino. Although Trump boasted he would build a bigger empire than his father, in the end, his father built an empire so large it could even accommodate Donald's most lavish personal losses.

Maybe a new chapter for his How To Get Rich book:

Have a billionaire father to cosign massive loans?

Still, a good effort to come back from all that debt, although it looks like his lenders weren't as fortunate.

 

[noirua]

Maybe a new chapter for his How To Get Rich book:

Have a billionaire father to cosign massive loans?

Still, a good effort to come back from all that debt, although it looks like his lenders weren't as fortunate.

Ah yes, dear old Dad Fred came to the rescue of prodigal son, Donald: http://genealogy.about/od/famous_family_trees/p/trump.htm

This song probably fits as well: http://www.imagesaustralia.com/thewildrover.htm


Apart from all that, the US appear to be set to lower rates shortly and RIN should be the better for it. The buy-back should continue into the new year, adding benefit.

 

[Sultan of Swing]

Ah yes, dear old Dad Fred came to the rescue of prodigal son, Donald: http://genealogy.about/od/famous_family_trees/p/trump.htm

I couldn't get this link to work on MIE or Firefox.

Could you post it again please?

Cheers

 

[noirua]

I couldn't get this link to work on MIE or Firefox.

Could you post it again please?

Cheers

Ahhh yes, just a "com" between success and failure, or, just a Fred Christ Trump perhaps: http://genealogy.about.com/od/famous_family_trees/p/trump.htm

 

[michael_selway]

$14.72 now, not bad!

What will the dividends in November be?

not much

Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS 106.6 118.6 123.3 129.1
DPS 78.0 41.8 43.0 46.0

btw do u still hodl this?

thx

MS

 

[Devil_Star]

Anyone knows what happened to Rinker's SP for the last few mins before market close? What leads to the huge bounce? Thanks!

 

[Realist]

Yeah I still hold.

Why did Rinker drop a little then rocket up $1.20 or nearly 10% today.

Something is going on, and someone knows something...

 

[Realist]

Anyone knows what happened to Rinker's SP for the last few mins before market close? What leads to the huge bounce? Thanks!

Yeah what a surprise - dunno but something went on in the last minute, and it seems huge!!

 

[Devil_Star]

I think the early drop is due to the further slump of USA's housing market. New low for new homes sale in US. Then I just bought 800 CFDs this morning coz I believe RIN is a potential takeover target. Could that be a takeover rumor again?

 

[Realist]

Yeah I am guessing takeover time. That rise was large and quick, just before the close someone bought alot and paid alot!!

 

[Devil_Star]

If that is true, RIN may fly again into sky next monday, by the time people have time to realise what happens. Hope that's what's happening. I just started buying and accumulating RIN's shares and CFDs last week.

 

[x2rider]

hi folks
An article in the Wall street journal speculating on the takeover by Cemex SA. But has been discounted by Rinker
Where there is smoke there is usually fire
Cheers Martin

 

[scsl]

If that is true, RIN may fly again into sky next monday, by the time people have time to realise what happens. Hope that's what's happening.

I say RIN will open at $21 on Monday!! :jump:

hehehe

 

[Realist]

Well you'd think it'll rocket on Monday morning if todays last minute splurge is anything to go by, be interesting to see what it does on the Dow Jones tonight!

 

[Ken]

realist congrats,

you must be punching the air!