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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 37.80 37.50 38.00 37.75 37.50 37.50 608,832 16:35:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 55.6 19.2 0.0 - 108

Sylvania Platinum Share Discussion Threads

Showing 4176 to 4199 of 4200 messages
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DateSubjectAuthorDiscuss
20/11/2019
23:29
Interims likely to be February and you will get Q2 results first at end of Jan (which contains all the pertinent information anyway). AGM is in Bermuda - anyone going? Thought not. I know they are technically registered in Bermuda as a company but they are London listed and they are doing themselves any favours having it in Bermuda IMO, where most shareholders will not be able to turn up and ask questions. They are fairly transparent in other ways such as issuing good quarterly reports and the quality of their investor presentations so it is disappointing to have an AGM where no one can go.
dangersimpson2
20/11/2019
16:34
Is it not just the AGM ?
basem1
20/11/2019
15:10
meant friday
eentweedrie
20/11/2019
15:08
actually the interims are due tomorrow
eentweedrie
20/11/2019
11:35
After a bit of PGM pricing strength & Rand weakness in the last few days and this is looking v. cheap again. At current spot prices, if they hit their FY production targets then they are on a fwd P/E of around 4 and an EV/EBITDA of about 1.6, and they did 28% of their production target in Q1 so barring water issues or industrial action there is scope for a small upgrade to production above this if they continue to perform well operationally. Next news should be Q2 production report end Jan.
dangersimpson2
15/11/2019
09:30
and the cash keeps rolling in.
russman
10/11/2019
08:57
What amount of pgm reserves does SLP have?
mick1909
07/11/2019
15:36
I must admit to being rather confused by the price action over the last two days. Does anyone have Level 2 prices ... are there large sells already declared and waiting to be taken out? If not I can't see who's interests are served by keeping the lid on the share price )other than PIs who are getting a bit longer to load up at this price).
brad_k
07/11/2019
10:10
once the seller clears this will fly. IMHO.
mfhmfh
05/11/2019
15:54
Sylvania at 20 mins in this podcast by Simon Thompson on Investors Chronicle site- hTTps://www.investorschronicle.co.uk/shares/2019/10/31/companies-markets-shows-margin-of-safety/?utm_campaign=Copy+of+ICDailyEmail_new2016&utm_source=emailCampaign&utm_medium=email&utm_content=
davebowler
04/11/2019
16:08
If she holds the current price at close of play, I'd argue we have a breakout of the recent channel. Onwards and upwards hopefully!
hickersp
04/11/2019
12:25
Thanks Hicker, yes I agree
qvg
04/11/2019
10:30
From cnbc.com: Platinum futures $956 (approaching year high). Palladium futures $1,786.
mfhmfh
04/11/2019
10:12
qvg, just worked it out with the help of IG help desk ....... when putting in the EPIC code it needs to be SLP Ln to to enable the execution of a trade. Bought in this am. Looks like it could be an interesting ride.
hickersp
04/11/2019
09:59
I had the same problem a week or so ago. I gave up and bought in another account
qvg
04/11/2019
09:36
I can't seem to trade SLP through my broker IG......... any help would be appreciated!
hickersp
01/11/2019
11:20
continuous buys coming through today.
mfhmfh
29/10/2019
17:53
most relevant part: To put the performance into perspective, in the financial year to 30 June 2019, Sylvania reported annual net revenue of US$70.5m and cash profit of US$30.2m, so the company has already booked 63 per cent of last year’s total cash profit. Furthermore, the directors reiterated production guidance of 74,000 to 76,000 ounces, up from a record 72,000 ounces in the 2018/19 financial year, so the company will benefit from higher production growth at a time when demand for palladium and rhodium, a mining by-product whose major use is as one of the catalysts in the three-way catalytic converters in cars, has sent metal prices soaring. In fact, the rhodium price has nearly doubled in the past six months and is up by almost 400 per cent to US$4,950 per oz since the summer of 2017. The tight market environment is unlikely to change any time soon. That’s because rhodium is between two to three times more effective than platinum in the auto-catalyst, and helps reduce nitrogen oxide emissions, so stricter emission targets imposed by governments looking to reduce pollution levels is buoying end-market demand from the automotive industry. The price of palladium has risen by 62 per cent in the past 12 months, and has trebled in value since October 2016, reflecting both a market in deficit and one benefiting from demand from the automotive sector. The point being that although Sylvania has a much higher exposure to rhodium than its peers, the ongoing buoyant market pricing is not reflected in analysts’ profit forecasts. Liberum Capital is conservatively factoring in an average rhodium price of only US$2,956 per oz in its cash profit estimate of US$36.3m for the 12 months to 30 June 2020. However, if the rhodium price holds at close to $4,950 per oz, it would drive a 63 per cent cash profit upgrade. That’s a potential cash profit windfall of US$23m that would lift Liberum’s current year underlying pre-tax profit estimate of US$28.9m (US$23.9m in 2018/19) to north of US$50m and produce a net profit of around US$35m. On this basis, earnings per share (EPS) would more than double to 12.6¢ (9.8p), miles ahead of Liberum’s conservative full-year forecast of 6.96¢ (5.4p). In other words, analysts are going to have to push through material earnings upgrades in the coming months unless the rhodium price plunges. Also, Liberum have embedded an average palladium price of US$1,450 per oz into their 2019/20 profit forecast, or almost 20 per cent below palladium’s current spot rate.
petewy
29/10/2019
17:33
Anyone post extract from article on here?
lasata
29/10/2019
16:16
huge volume today. as bullish an article as I've read from ST.
mfhmfh
29/10/2019
12:36
I agree leopold.. I also don't think there's much merit to the case.... Samancor are still doing similarly structured deals.
plat hunter
29/10/2019
12:36
Thompson not ramped this one for a while
nickjoseph
29/10/2019
12:34
Just tipped again by IC.
metis20
29/10/2019
11:29
Perhaps but I won't be following them. I don't see much coming from the legal case, personally. I may be wrong. The political risk is undeniable, but doesn't warrant this price. Too cheap to sell. If we get to 45p I may consider
leopoldalcox
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