Sylvania Platinum Share Discussion Threads

[mick113] 24/7/2016 15:16

Looking forward to the rise this week and set of excellent results which will be even better following quarter in September.

I have to say this is one them shares that is and excellent opportunity to buy down here which could turn your investment into a huge profit. Remember this has come down from 50p plus and mainly due to a seller and platinum prices decrease, well now the tide has changed and platinum is on a bull run and the company is expecting massive profits quarter on quarter.


News on dividends will be big news!

[shokty] 23/7/2016 19:55

We should see double figures on Monday ...this move will take us to around 15p IMO ...I'm expecting this to 5 bag at least from these levels personally and that's what I am waiting for

[michaeld] 23/7/2016 10:04

Yes, you are probably correct rb. Maybe I'm a bit paranoid after some bad experiences with other undervalued plc's, in the past. I also take comfort from the share purchases made by the company for staff incentives/remuneration in the future. Directors of a plc are there too look after the best interests of all shareholders & employees and so let us hope that they do that here. We could all benefit from this one.

[rbento] 22/7/2016 23:30

If the BoD wanted to do a Mgmt buyout it would be the wrong tactic to improve cash flow generation, lowering costs and increasing the annual production forecast! Normally they turn the company into a basket case, take it over and then put it right again.An Mbo is not something we need to worry about....the board is being paid so well anyway, why take it over! (Yes a little gripe of mine is that the Board costs are way too big for a company with this market cap)

[michaeld] 22/7/2016 17:22

Yes mick 15p for starters would be nice.

[michaeld] 22/7/2016 17:20

My worry is that management and their backers may have been taking action to depress the share price whilst they arrange to do a low price buyout. This would in effect be a fraud on long time shareholders like me who bought in a few years ago at much higher prices, before the price of platinum fell. I hope that this is not the case, of course but a lot of twisters are able to roam the markets with apparent legal immunity? Some months ago we had a lot of legal guff from SLP about Bermudan takeover rules which I thought was ominous!

[mick113] 22/7/2016 17:08

Micheal i agree with you, but let's have 15p for starters.

[rbento] 22/7/2016 17:00

The encouraging thing about today is that there was a big sell of 500k and some other reasonable sized sales....all absorbed by the market. Hopefully not long before the sellers are all out and share price flies massively.

[michaeld] 22/7/2016 16:56

Fair value will probably be more like 50p+ per share once we get the first quarter earnings for 16/17 and no bad news, imho but time will tell.

[mick113] 22/7/2016 15:28

Yes, i been accumulating for a while.

[blue sky territory] 22/7/2016 15:23

Did you get in this morning though mick?

[mick113] 22/7/2016 15:20

I wouldn't mind the company buy back a few shares and pay a dividend!

[mick113] 22/7/2016 15:18

Very nice now! Come on SLP fair value 15p! Talk of dividends payments..

[someuwin] 22/7/2016 15:15

Yup - still very cheap.

[saucepan] 22/7/2016 15:11

Looking rather good, suddenly. Roll on next week; patience to be rewarded?

[randowiggum] 22/7/2016 10:35

Dan

I cant imagine there is any manipulation here. Just some big funds getting out of a tiddler in their portfolio.

I dont think we will see a dividend. More likely share buybacks as they have been doing in the past. Its a lot cheaper to do a share buy back. Also why give money to the institutions that want to sell! just mop them up in the market where possible.

Also dont hold out hope for any meaningful money for Grasvally. Its a tiny asset in a chrome market that is horrendous.

The SDO cashflow is what will drive the company in the next 1-2 years. In a bad mining market cashflow generation is key to justifying the market cap increases.

[blue sky territory] 22/7/2016 10:31

With the price of Platinum steadily rising, this little baby has been looking good for a few months. Reports in a few days..

[someuwin] 22/7/2016 10:18

Looking good today.

[blue sky territory] 22/7/2016 10:17

Wonder if mick113 topped up this morning as he intended?

[blue sky territory] 22/7/2016 10:11

LoL Mr Findley - you naughty boy.

[dandadandan] 22/7/2016 09:27

This share price is being manipulated IMO.

Someone has an underlying hidden issue. Lets hope it is not Pravatisation at a low share price so some large 'FUND' shareholder can make a fortune. Just look at the assets compared to the Mcap.

What we need is the BoD to come out of their 'Volspurit' slumber and do some work. Issue a maiden dividend statement and watch the fireworks.

The SDO is funding the business, the problem is, where to go to next?

I reckon they may have not even done much work on the Grasvally sale, that was mentioned last year.
I hope my suspicions are wrong....

Quarter results and a statement are due.....


GLA.

[apfindley] 22/7/2016 09:06

Heads up GWMO drilling now get in early on a multibagger..

[ashbox] 21/7/2016 13:11

Although SLP made up only a small part of the Miton UK Value Opps fund, Godber & Hamilton were obviously happy to hold it up to the point where redemptions in the fund made it necessary to sell liquid assets. Looking at demand for SLP shares prior to May you could hardly describe it as liquid so where have all the shares gone? Hard to believe that PI's would absorb all the missing millions.
If Godber & Hamilton had faith in SLP, which they obviously did, then would they also be keen to acquire shares in SLP for their new fund?
Will we see a holding RNS once their new fund is up and running?
I guess we will only find out after the dust has settled and some holding RNS information becomes available.

[mick113] 21/7/2016 11:52

Yasx mate, just look at the fundamentals and the cash flow, says it all mate, if the seller is still there then once finished this will 100% move up very quickly and sharply. As platinum moves and production increases at the aame time cash in the bank is increasing significantly. Overall well undervalued and happy to wait and hold for TRUE VALUE.