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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Sylvania | SLV | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 48.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 48.00 | 48.00 |
| Top Posts |
|---|
Posted at 24/7/2020 07:36 by chillpill A bit of advice for anyone looking to buy into silver via an etf.Don’t buy SLV but buy PSLV run by Sprott. Why? SLV doesn’t have fully allocated silver holding- there is an element of smoke and mirrors about the major gold/silver ETF’s which will surface one day imo. |
Posted at 03/2/2016 23:17 by stavros28 Silver moving off SLV |
Posted at 12/8/2015 13:58 by stavros28 Just sold a shed full of put options under silver SLV in the US and its moving off , first target $ 15 THEN $ 17.Have fun, Stavros..... |
Posted at 21/2/2011 12:28 by michaeld Precious metal prices are surging and yet SLV stays in the doldrums. Hopefully the likely surge in earnings soon will trigger a rerating of the company. |
Posted at 14/2/2011 08:54 by azalea Over the weekend Credit Suisse stated its demand v production shortfall estimates for platinum as follows.Troy Ounces 2011 -3000 2012 -137,000 2013 -247,000 2014 -40,000 2015 -20,000 The CEO of Lonmin stated that platinum prices need to rise to encourage new build and are not high enough to start up its Limpopo mine. EU and US regulations for emissions on off road diesel engines could equate to 400,000 oz of PGM by 2015. SLV production ramp up should coicide with the two years 2012 & 2013 when the shortfall in supply is at its peak. A price $2800oz could be achieved in that period. I have added this morning along with others who I believe also saw and read the report. |
Posted at 05/10/2010 07:20 by fjp73 Good Morning, Harmonics, there's sometimes a natural end for Directors, particularly if new projects are coming online that will require more of their time. If you follow the ASX, this is more than likely. I think time will tell and it's in the current Directors interest to allow SLV to move forward in my view. SLV cannot justify the addition of further directors without others first leaving, as alluded to in the presentation SamancorCr are nominating to the board and evidenced so far with the previous BEE departing, although as positive as it was on "good terms!" Kooba an RTO (Reverse Take Over) wouldn't be voted on as it would dilute the existing SLV'ers control on the company. If there were terms favourable to the SLV existing shareholders I cannot categorically say no but it's less likely as RTO's are generally where both parties are listed, but not exclusively. Audley increasing, decreasing, increasing decreasing, bloody yoyo lmao ATB Fraser |
Posted at 01/10/2010 18:18 by fjp73 A Very Good Evening Chaps/Esses, Kooba, a very interesting article and thank you. Not because of its echolalia to the RNS but for a key statement that needs breaking down. The deal brings a host of advantages that could not be explained in direct monetary terms, such as consolidation of the SDOs operations, a closer working relationship with Samancor and the potential to explore other opportunities with Samancor. Andy, good questions: How much did Samancor Pay? I don't think we'll ever get to find out, but SLV have also paid SamancorCr in shares, so does it matter in the scheme of things? Why did they buy to shift straight on to us? My personal opinion is SLV needed cleaning up and I've discussed it below, but in short, expansion and clean business. Did they buy on our behalf as we couldn't because of BEE? They bought the BEE to amend the Service Contracts between SLV and SamancorCr, so that in essence SLV are now a contractor for SamancorCr and only have to comply with SamancorCr's BEE compliancy. Under BEE regulations only another BEE compliant company could have bought the BEE, thus SamancorCr Is this part of a master plan for Samancor to take us over? I believe so and for the reasons listed below but in short, SLV now is a good mechanism to acquire listed companies via SLV share certs whilst having a private owner When will the new board members be joining us and will it be additions or replacements? My personal view, and sadly, is that a number of the BOD will depart with the addition of more expansion focussed, producing minded group coming on board, with a few familiar faces to enable confidence to be retained with the existing shareholders. Et Al ("and all" in Latin lol): Well, I do not believe it is hard if you delineate all the reforms that have taken place to work out what the entire transaction is implying. a) Please look at the presentation to see what's happening in terms of production and where SLV is on that "journey!" I have included the link to all the presentations as it's important to back track through them and see what's changed: b) SamancorCr have reduced their tonnage in the interim which impacts on the long term story of SLV, however there's plenty of development and production to be getting on with. c) What do SamancorCr do? d) Who owns them? e) How much cash does IMR-IMS Group have? Well there's a good question, but I have this feeling SLV have just found a sugar daddy, that may want a marriage after a few dates. f) Right, so IMS/R have a "little cash", know SA very well and want to get develop. e) So SamancorCr are working with a company (SLV) that is in the final stages of a underpinning itself as a developing producer and becoming a small player, a new dawn so to speak. I think SamancorCr have realised this potential value. f) "According to the press," SLV has had a number of suitors and I can only conclude that the suitors didn't like the company structure, the BEE and the deals with SamancorCr. Could the service agreements have been limiting in their very nature? Are they still? Yes I believe so, but likewise adding more value than they take away. g) SLV has now struck a deal which will by-pass the non-commited production and start making "a full basket premium" for itself, something I suspect SamancorCr still want their cut; so why not get in to bed with SLV? After all, SLV isn't the kind of lady that has been round the block :-). h) My personal opinion is SLV is now kitted out nicely and this is an early stage to SamancorCr's development, which I believe is part of the bigger picture. Now if I was speculating on the way forward, I envisage SamancorCr taking SLV private because it fits nicely within their model, but will they first utilise it to acquire other PGM companies (via share certs first) and then take private? Well that's a question only a psychic will answer and I'm not one, but it looks likely. Long-term, I see SamancorCr being main listing FTSE or JSE (Johannesburg Stock Exchange) or both and IMS being able to relinquish some of their cash in SamancorCr by IPO'ing. I must not forget they are in it to make cash as well. (Initial Public Offering, sorry I always try and break things down to make it easier) So SamancorCr will have a nice % of a PGM producer to go with their Chrome. There's a certain amount of Irony here, and something for which is clearly obvious. Think who owns Ruukki (Largest Shareholder)? Think what company did they previously own? SamancorCr! Now don't you think it's odd that two Chrome players, yes I'm going to use that phrase, as Ruukki have unsurprisingly bought Chromex, both wanted SLV. Although one is now in the camp with SLV instead of being out in the big wide world. What is it that SLV "HAS" that would make two Chrome producers want a piece of the action? I believe a nice model that fits in with their format. Likewise a well-positioned operation that is a good model to build from, with the JV with JLP (Jubilee Platinum's Conroast), the Lannex ramp up, Everest North, albeit awaiting confirmation, the JORC increases, and the reduction in costs per ounce as ramp up continues. This, in my view, will present a value that most brokers have clearly missed. Well I say most, but not some as I suspect we'll find out in due course. You (SLV) have got well-positioned assets, a board of directors, that I believe will be wanting to expand SLV massively and progress with low risk, low cost acquisitions. This even includes certain companies on the Bushveld that have been marketing themselves for a good period of time and being considered an ugly sister. Predominantly due to the lack of asset development or investment in their licenses to derisk the projects / make the more marketable. So over the longer-term, SLV could potentially be the third largest PGM producer in the world. Wait, I hear you say, NKWE Platinum (NKP) should do that via Xstrata. Well there might be a close run thing there then, I didn't say assets, I said producer, for which Xstrata may or may not take the options (although as I am a shareholder in NKP I firmly believe they will). Big statement there by me and I have thought about it. Now lets go all the way back to a) regarding presentations, if everything goes to plan the near term news flow should be very fruitful. So for the future, which has SLV got an office in Australia? I appreciate their model has been a listing on the ASX, and this gives Australian Investors peace of mind. They're an odd bunch those Ozzie's (with due respect), they will buy on the ASX but if it's another market they don't want to know, please see the Ruukki calamity as an example when that was going through. Although some say the deal fell through because SLV/Ruukki couldn't tie up BRR (Braemore Resources aka ConRoast). I perhaps now believe that BRR would have been a done deal and it was Ruukki's largest shareholder that scuppered that the entire process by making the SLV shareholders have a higher risk with the overseas listing which in turn made people think twice. Anyway, back to the future. I don't envisage an ASX listing for much longer, or any listing, but I do feel the ASX aspectwill disappear sooner, which also saves a few quid. I will enjoy seeing things move forward, certainly some very exciting times and with a set of books and news that change the entire foundations of a company. However, don't forget risk, there is plenty in what I've written, such as, "Will they look after the original shareholders in the expansion?" I believe so, but it's still a risk. "Will they offer a decent price or shaft SLV'ers like MTL Metals Explore?" I don't think so based on my "guesstimate" for what they've paid to get this far, although remember there's no friends in "big business!" "Could there be a dip in PGM demand?" Well that's certainly a possibility. What about the potential devaluation of the Yuan, who will that impact upon a ZAR (South African Rand)/GBP (UK Pound) and U$D (US Dollar)? Well I don't know to the latter, but all the same some bloody good potential. All the very best to SLV and the SLV'ers, certainly a very exciting week! Then again I am sad. Fraser |
Posted at 30/9/2010 05:58 by fjp73 Morning Andy,I'm still running certain aspects of the presentation, books and the like. I suspect I won't have all the answers until after the weekend. With IMR involved via Samancor, the money aspect means SLV could now go on the hunt or could there be perhaps joint opportunities! Could they be adding to their portfolio in terms of exposure to a long drawn recovery? Low cost etc...Yes you could argue well it's the same as "high" cost due to Chrome discounts, but it's the bottom line that counts which is what every shareholder wants. With a new pipeline of news / opportunity inferred via the hook up with Samancor, perhaps there's now just significant finance availability to change SLV's position. Yes I might be eating my hat about a buy-out by Xmas, but I am sure the SLV'ers will be looked after over the longer-term. After all, there's some hefty buys well above current prices by Directors. SLV in my view could just be one of those stories where the underdog goes from strength to strength, one thing is assured, "if" the presentation is utilised as a guide to news, there's a healthy stream flowing over the next say, 2 months ish... As a risk aware statement, jumping into bed with Samancor could deter a certain buyer, however, if the potential buyers saw the value, it might be worth having more than a one night stand. That's another considering, SLV have known and worked with Samancor for some years now, it's not an unknown entity and the company's operations have grown as a result of what could have been alluded to as a miscarriage in terms of contracts say in 2006. Ironic that the former owner of Samancor (Major shareholder) wanted SLV via Ruukki (RUG1V) and now... Some exciting times, which I suspect I haven't seen the full value of yet! ATB Fraser (with his SLV T-shirt) Some statements might be forwarding looking and possible lol |
Posted at 29/9/2010 16:59 by abudhabitrader What I liked was the following statement today:It also brings a host of advantages that cannot be explained in direct monetary terms, such as consolidation of the SDO operations, a closer working relationship with Samancor, new directors whom share a vision to grow the business and the potential to explore other opportunities with Samancor. I think more than meets the eye with Samancor. They know SLV as good as anybody. Maybe it was a three way deal. You sell up to SLV and become directors in SLV. Then SLV sell up to Samancor and we all win LOL |
Posted at 18/9/2010 08:21 by fjp73 Good Morning Harmonics - I broke a number of rules with SLV and it was only reduced risk wise by other stocks travelling massively where I took the capital off the market. As a result, although I'd be disappointed, I could afford for SLV to tank, please note that doesn't mean I would like it. Having made the same monies equal to my SLV holding, I have greatly reduced the risk. I also have my "original" value in each of the other stocks. SLV - I sold some at / near 70 pence last time it was there just to get some cash on the side-lines and wait for a fall. I was lucky... SLV has a lot going for it, some don't like the management, or previous management for that matter. I never avoid buying into a stock just because of management, but choose to factor in risks with management. Likewise if the management awarded 1 pence options here, I'd sell out of protest. You are very much like me here, I have had to stop myself going all in...That would be stupid right :-). AbudhabiTrader has done some good calculations here, although I disagree marginally, I think you get the idea that we agree. My final thought does to this: Now which news is due first lol...Pallinghurst or AQP? lol Hope you're having a good weekend! ATB Fraser (that's my first name lol) Mr is one of many titles lmao |
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