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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sylvania Platinum Limited | LSE:SLP | London | Ordinary Share | BMG864081044 | CMN SHS USD0.01 (DI) |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -1.00 | -1.53% | 64.50 | 479,157 | 15:33:05 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 64.00 | 65.00 | 65.50 | 64.50 | 65.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Miscellaneous Metal Ores,nec | USD 127.04M | USD 45.35M | USD 0.1720 | 3.75 | 170.03M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:15 | UT | 6,936 | 64.50 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 08/4/2024 | 07:00 | UK RNS | Sylvania Platinum Limited Share Buyback Update |
| 02/4/2024 | 07:00 | UK RNS | Sylvania Platinum Limited Share Buyback Update |
| 28/3/2024 | 07:00 | UK RNS | Sylvania Platinum Limited Share Buyback Update |
| 27/3/2024 | 07:00 | UK RNS | Sylvania Platinum Limited Share Buyback |
| 26/3/2024 | 07:00 | UK RNS | Sylvania Platinum Limited Share Buyback |
| 25/3/2024 | 07:00 | UK RNS | Sylvania Platinum Limited Share Buyback |
| 22/3/2024 | 07:00 | UK RNS | Sylvania Platinum Limited Share Buyback |
| 21/3/2024 | 07:00 | UK RNS | Sylvania Platinum Limited Share Buyback |
| 20/3/2024 | 09:56 | UK RNS | Sylvania Platinum Limited Share Buyback |
| 19/3/2024 | 07:00 | UK RNS | Sylvania Platinum Limited Share Buyback Update |
Sylvania Platinum (SLP) Share Charts1 Year Sylvania Platinum Chart |
|
1 Month Sylvania Platinum Chart |
Intraday Sylvania Platinum Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 25/4/2024 | 13:10 | Sylvania Platinum | 8,677 |
| 13/10/2023 | 12:28 | Sylvania Platinum | 9 |
| 30/11/2021 | 10:44 | Waiting game | - |
| 16/8/2020 | 14:26 | SLP Website doesn't respond | 14 |
| 03/3/2020 | 14:39 | GUARANTEED WINNER | 911 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 15:35:15 | 64.50 | 6,936 | 4,473.72 | UT |
| 15:22:03 | 64.89 | 3,926 | 2,547.58 | O |
| 15:19:58 | 64.56 | 57,942 | 37,405.62 | O |
| 15:18:22 | 64.95 | 1,533 | 995.68 | O |
| 14:46:10 | 64.98 | 752 | 488.61 | O |
| Top Posts |
|---|
Posted at 25/4/2024 09:20 by Sylvania Platinum Daily Update Sylvania Platinum Limited is listed in the Miscellaneous Metal Ores,nec sector of the London Stock Exchange with ticker SLP. The last closing price for Sylvania Platinum was 65.50p.Sylvania Platinum currently has 263,610,514 shares in issue. The market capitalisation of Sylvania Platinum is £172,664,887. Sylvania Platinum has a price to earnings ratio (PE ratio) of 3.81. This morning SLP shares opened at 65.50p |
Posted at 15/3/2024 11:59 by husbod Strange given the shares buy back. Still, the lower the price the more we can buy back.Actually, thinking about it, why would you sell when there is an ongoing buy back. Just sit tight and the share price should go up and you can sell at a higher price. But then logic and the stock market aren't exactly synonymous. |
Posted at 05/3/2024 13:36 by loganair When it comes to share buy backs I would like any company to say the maximum they are willing to pay to buy their shares and if the share price goes above this maximum then the share buy back stops until the share price falls back under this maximum price. |
Posted at 04/3/2024 15:30 by davebowler Simon Thompson -Modest valuation Admittedly, after factoring in a better second-half performance, full-year pre-tax profits and earnings per share (EPS) are still forecast to fall 24 per cent to $50.7mn and 13¢ (10p), respectively. The annual dividend is set to decline, too, from 8p to 3p a share. On this basis, the shares are rated on a forward price/earnings (PE) ratio of 5 and offer a prospective dividend yield of 6 per cent. Strip out the bumper cash pile and Sylvania’s enterprise valuation equates to only two times operating profit estimates. Although the holding is up 450 per cent in my 2018 Bargain Shares portfolio, it is now showing a 30 per cent loss in my 2022 Bargain Share Portfolio, following a similar share price reversal since the annual results (‘Sylvania is due a re-rating, 7 September 2023). However, an expected recovery in PGM prices should deliver strong capital upside as highlighted by Liberum’s target price of 96p. Recovery buy. |
Posted at 04/3/2024 12:53 by stemis The theoretical 'benefits' of buybacks are that they concentrate value in the remaining shareholders and/or that they take out loose holders from the market that would depress the share price. A small buyback of $3m isn't (IMO obviously) going materially to do either. Can't see it's going to make any real difference to the share price. |
Posted at 26/2/2024 09:24 by rabiddog SLP is definitely not a dead horse. We are at a pivot point though and do need PGM prices to recover to add impetus to share price. Keeping an eye on the narrative for their investment streams as well. |
Posted at 16/2/2024 11:37 by seagreen No doubt there are quite a few posters who have sold their original positions or may or may not be holding an active short position. There will also be long term holders, who have taken a longer term view that the global economy will recover.Whilst I held SLP a long time ago, I have only very recently taken a small long in my ISA for the long term as the upside reward seems to be potentially outweighing the downside risk over the mid to long term. Especially as there are some key elections due in the West where there will be pressure on those countries to reduce interest rates and reboot the economy. So no my head has not been in the sand and I am also well aware how dificult the situation is in South Africa. If I could call the bottom or the top of a share price I would be called Warren but I am not! PS Stemis thank you for your potential clarification of the post, it is appreciated. |
Posted at 16/2/2024 10:44 by stemis "With a potential EBITDA miss of c$35m on the cards, then that broker's y/e cash forecast of $87m suddenly looks more like $52m or 14p/share, which also is a material drop in the downside protection that the cash balance provides."14p implies a market cap falling to circa £36M I don't think he was suggesting that the share price would fall to 14p but that the cash would drop to 14p/share. Personally I think that's over conservative. If the basket price remains at a level that would deliver that shortfall, there'll be a comparable lower level of debtors that will protect the cash to some degree. However, having achieved just $7.3m ebitda in H1, it's going to need some significant rebound in the basket price to achieve ebitda of $39.4m in H2...and we are already half way through Q3 |
Posted at 07/2/2024 22:08 by rabiddog It’s the price of metals in 6 months that counts. Slp have also got exploration dice roles which have zero credit on the share price. Pays your money takes your choice. So I would say, if this is a sector you want to be in, thinking 6 months + ahead then Slp management are renowned as being extremely investor friendly |
Posted at 31/1/2024 19:24 by meanreverter LeopoldAlcox: The answer is that, if you wait for metal prices to rise, the share price of SLP will have gone up with them. In fact, the beta of metal producers against the basket of metals they produce is well above 1 (typically more than 2), because their prices are based on profits rather than revenues. Also, share prices tend to anticipate metal prices. If you think that PGMs are going to recover any time soon, then buy now; otherwise, stay clear. In the latter case, if you are right, pounce when the market in the shares makes you an offer you cannot refuse. |
Posted at 08/6/2023 00:15 by doctorbird Thank you scrwal for the Edison report. It draws attention to two factors weighing on the share price, Rhodium and running costs. Only recently have I realised the importance of the basket price. The success of the 2020 run up trades in SLP were not so much down to me as to the metals prices. It has been more difficult in recent times and the Rhodium price is cratering. As it is likely to be a while before it steadies and even longer before there is improvement, I have been reducing positions. It is likely that Edison has underestimated the potential for the Platinum price but even so I am doubtful about SLP in the short to medium term. I have no complaints on the results of my many trades to date. I should be interested to know the details of the basket calculations. It is all very well SLP maintaining or exceeding production but the metals prices may relatively devalue results. As for valuation of their mining terrain, is SLP serious about going into high-risk mining? It may be better for it to stick to what it is good at. I shall probably be increasingly into Platinum now. Good luck to all. |
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