Sylvania Share Discussion Threads

[fjp73] 16/9/2010 21:23

Contrarian - many thanks but as balance, I was lucky to get out of Connaught at 325 ish, very lucky, I had a lot in there. I was also lucky to get out of Findel. Saying that, was I lucky to take a hit on Findel? Or perhaps following the rules.

Likewise, I learnt the mirco-managers of society don't do themselves any favours and don't invest in debt, please remember the latter.

ATB Fraser

[contrarian2investor] 16/9/2010 21:10

Fraser atb,

I view your strike rate with great respect. So either way by Dec-March we shall all be profitable in this stock.

c2i

[fjp73] 16/9/2010 19:12

Good Evening,

TurboTrader - Isn't it Pardon? :-) Perhaps it was just some late trades!

SLV is in a crucial point at the moment, so volatility and news are likely to drive it.

ATB Fraser

[turbotrader2] 16/9/2010 17:25

nice spike in volume

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[fjp73] 16/9/2010 07:11

Good Morning,

Just a thought going round my head...how many times has there been a large increase in volume, a small spike and the news at a later date which becomes the driver? Hmmmm...In my experience it happens a lot, a prime example being CHL (Churchill Mining), which did exactly the same then the news of NTPC (The Tata Subsidiary). One for the patient one's at CHL...and no don't buy just because you've read about it, actually sell, I could do with a top up lmao...

Have a good Thursday!

ATB Fraser

[bones30] 15/9/2010 23:36

I only get the frock out on weekends. ;-)

[stucom] 15/9/2010 20:56

sorry,fjp, me dad colin want's you all to know the jv and conroast is in good hands.

[fjp73] 15/9/2010 20:53

Can you two stop flirting lmao....Stick to SLV lol :-)

ATB Fraser

[stucom] 15/9/2010 20:51

aye,but if you are paid month end? 55p? wanna lend a tenner?.......lol

[bones30] 15/9/2010 20:48

stu, its been ONE day! :)

[stucom] 15/9/2010 20:38

bones,50p buy looking a lost cause!.....lol...stu

[bones30] 15/9/2010 20:36

FJP: Yes, was thinking it may be easier for them to improve their production numbers by way of acquisition. Especially if SLV is as cheap as we consider it is.

[fjp73] 15/9/2010 20:33

Good Evening you impatient lot :-) Fancy wanting a top up lol....

I believe the Rand will strengthen because of the backing it has from commodities, similar to AUD (Australian Dollar), although saying that, with the dip in $, it could be rather complex, so I'm actually going to say for SLV's purpose, what the USD gives, the ZAR (South African Rand) will take away, thus a stalemate. All good really...sort of acts as a hedge. Hope that explains it.

The one thing that is slowly proving me wrong is my belief that SLV wont be taken out before Xmas and I'll have to eat my hat! It's not a tasty hat either! :-).

Bones – thanks for the article, that could either take AQP (Aquarius Platinum) out the race for SLv as they'll need to spend some considerable cash on Blue Ridge or they'll buy SLV to then utilise cash generation to pay for a revamp...thanks though, nothing is ever clear cut...why oh why oh why!!Moan Moan lol

Have a good evening ATB Fraser

[abudhabitrader] 15/9/2010 10:12

Stu - lets see if I have to pay over 50p+. It usually does go up before I buy and down straight after but hey ho such is life. Thats why I am trying to invest in fundamentals lol.

No JLP can stay where it wants until we get cracking with the conroast facility.

[bones30] 15/9/2010 09:04

Thinking about the Rand, is it likely to be stronger in the next few months, someone certainly thinks the USD is going to be weaker (see the price of gold lately).

Also with a weaker dollar, perhaps the Platinum price will strengthen in the same was as gold, oil etc?

Excuse my simplistic thinking!

[stucom] 15/9/2010 08:48

feel you may have to pay +50p,abud? are you gonna drag jlp along with the rise?.lol

[abudhabitrader] 15/9/2010 08:33

Dont knock it embrace it and buy more. Excellent opportunity at the moment IMO. The question is will I get my wish and get to top up at pay day. Only a week to wait.

[bizz2bizz] 15/9/2010 08:24

Our problem isn't forward looking earnings expectations or anything to do with confidence in the management it is purely the persistant seller who wants to sell everything he owns around 50p! VERY VERY frustrating holding SLV when we have a lid on the price. There must be a reason why this guy is still in the house.