Sylvania Platinum Share Chat (SLP)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Sylvania Platinum Ltd	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
	-0.25p	-1.32%	18.75p	18.00p	19.50p	19.00p	18.75p	18.75p	123,387	08:19:35

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Mining	47.5	12.2	0.0	-	53.72

Sylvania Platinum Share Discussion Threads

Showing 3701 to 3724 of 3725 messages

Chat Pages: 149 148 147 146 145 144 143 142 141 140 139 138 Older

Date	Subject	Author	Discuss
12/10/2018 13:12	Nice.. well done Red	plat hunter	Read Full Thread Reply
12/10/2018 13:12	Very nice bounce here today. certainly scuppered my short term plans.	plat hunter	Read Full Thread Reply
12/10/2018 11:44	Looks like you bought well yesterday	cflather2000	Read Full Thread Reply
11/10/2018 18:05	Big moves in platinum after UK close. Catching up with gold's big move and up over 2%. Looks like a buy on the dip day to me. It's what I did. Only 7 days left until ex-div date 18 October (2% dividend yield). Then we'll get Q3 results 31-October. With ZAR weak and a relatively strong basket due to Rhodium and Palladium strength, it should be a strong quarter if production comes up trumps	redtrend	Read Full Thread Reply
11/10/2018 13:41	If i was looking at Gold now.. I'd be looking at ETF's or big chips like RRS. Whilst you might be very and comfortably familiar here, the market as a whole is pretty clueless about SLP. In a flight to safety, SLP have zero market penetration, it is essentially invisible to stampeding masses. The big pit mines and ETFS will fair much much better in the short term.	plat hunter	Read Full Thread Reply
11/10/2018 13:33	I have a huge amount in gold already, the metal itself and the miners, predominantly HUM and SHG. Recently sold out of AAZ on the rise to 68p and ACA which was a short-term bet from £0.95 to £1.40. All I invest in at the moment is gold and precious metals. However there is no gold miner with a better balance sheet than SLP. I'll be adding to SLP over the months if it stays at or below these levels. Like I said it feels like the panic which produced my first foray into SLP at 7.5p. Now it has $15m+ in cash and a $20m+ trade balance in its favour (over half its market cap), on top of a dividend. The Market Cap is now ridiculous, however I'm in no rush and these over-reactions and panics always bring new opportunities.	redtrend	Read Full Thread Reply
11/10/2018 13:06	Might be better to have it in Gold Red.. There's going to be some very large rotations out of the markets. Nothing goes up or down in straight lines. It's expected that some multi baggers will be looking to protect some of their gains at the moment and doing so we'll create a range on this stock which should be able to be played for some free shares. It's not every ones cup of tea but I'll be waiting for a base to form and hopefully I can get a bargain.	plat hunter	Read Full Thread Reply
11/10/2018 12:49	There's a 4% annual yield here for the financial year. That will go up year on year. For financial year commencing 01 July 2020, the dividend will be 10%+, more at this share price level. Capex is near non-existent from July 2020 onwards. So I can't speak for other LTHs, but there's huge amount of reasons for me to stay. To not stay would mean there's a better share out there, or it's better to have it in cash.	redtrend	Read Full Thread Reply
11/10/2018 12:36	HJS.. I'm pretty sure it will, how they structured and timed the buy back and dividend announcement had share price limitations for me. People who made money on the up, have nothing to stay around for now.. This could well be all over the place until a base starts to form	plat hunter	Read Full Thread Reply
11/10/2018 12:02	Everything is getting hit today, even AAZ which came out with a very strong quarter was hit by 6%. FTSE down by nearly 2%. Q4 2018 could end up being like Q4 2015, when everything was over-sold and it was a great time to buy gold and precious metals.	redtrend	Read Full Thread Reply
11/10/2018 11:49	next support is at 16p and if drops below this level, expect it to drop to 14p.	hjs	Read Full Thread Reply
11/10/2018 11:34	Racing down towards 12p	plat hunter	Read Full Thread Reply
10/10/2018 11:26	Couple of big buys £750k ish just gone through	goldry	Read Full Thread Reply
08/10/2018 17:56	I got it as (USD) '18E 0.042c +9% p/e 6.2 , 19E 0.061c +45% p/e 4.3No expert tho so dyor as they say.DbD	death by donut	Read Full Thread Reply
08/10/2018 15:20	What is the broker f/cast eps for this year?	russman	Read Full Thread Reply
08/10/2018 09:59	And 18p is breached.. Plat Hunter right again :-P Plat Hunter thinks that a base with an average of 12p will form here over the next 6-8 months.	plat hunter	Read Full Thread Reply
05/10/2018 10:01	I tipped 18 here after the divi was announced. Will be interesting to see what the future momentum may look like if it hits 18. What are peoples views here, you adding on the way down or you rotating out?	plat hunter	Read Full Thread Reply
04/10/2018 13:52	Dividend announced buy back completed record production announced The pump is done, maybe the dump is to follow? I've been watching here for a while, not because i hold but I would expect a rotation out of here given it was a multi bagger for a quite a few.	plat hunter	Read Full Thread Reply
04/10/2018 12:08	Can't believe that this is down to 20p	cflather2000	Read Full Thread Reply
01/10/2018 09:46	Rhodium price marches upwards	nickwild	Read Full Thread Reply
29/9/2018 14:22	I had quite a sizeable holding of HUM at 30p already. I bought a load more at 24.5p this week and will continue to add over next few months if it remains under 25p. Management have responded quickly to my email I had on some clarifications on the Interims and apart from one bug bear of mine (1p performance options), I do have confidence in the management. My main holding is still SLP by a substantial margin, followed by HUM and SHG. I sold my AAZ holding this week and rotated it mainly into HUM, but a little bit extra into SLP too. I'm looking out to at least 3yrs. SLP has Capex this year and next to tune of $12m and $11m respectively, but even with this, will still have free cash to add to the $14m in the bank. But come the financial years of June 2020 onwards (2yrs time), the Capex is near non-existent and SLP will be raking it in (unless they go after other value driven acquisitions along lines of Phoenix/ Lesedi). That is why SLP's broker envisages 10%+ dividends based on basket price around these levels. It could be more and if platinum starts playing ball and recovering, we should all be laughing. Short to medium term I'm bit concerned on strength of USD and if Fed continue to raise interest rates impacting gold and platinum prices, but lets see what happens. Rhodium and Palladium are tearing it up. Rh just shy of $3,000 and Pall $1,075.	redtrend	Read Full Thread Reply
29/9/2018 11:15	Many thanks Redtrend; superb analysis. I think the end result is that I'll buy a few to forget about. I see the danger as being one of 'vanity'. They've previously made reference to building a world-class business or some-such which is laudable enough, but as a value player as my username suggests, I'm interested in seeing shareholders' interests being put ahead of executives' careers. These things are always a balance though, and not mutually exclusive in terms of providing value, but you know what I mean; and its not like they have significant stakes, or are buying their own shares.	value hound	Read Full Thread Reply
29/9/2018 10:52	Hi value hound. I think HUM are at least 12 months behind on the potential dividend curve (i.e. October 2019), subject to growth opportunities instead of div and based on current gold price. The Interims showed there was a bit more historic Capex to work through still in the Trade Payables I was not anticipating. In summary based on end of June 2018: a) Net Debt was $16m. b) Trade Payables is approx. $13m over what is likely its normal state of working capital, purely because of overspill from Capex on Mine. So this will have to be paid and worked down, hitting the Net Debt calculation over time. c) So really in terms of a "normalised" Net Debt to work out when HUM will flip to "Net Cash", for me the starting point is around $29m at June 2018. I think this is what people were missing. Going forward and if all else is equal: a) With $1,200 gold price and $780 AISC, with 120,000 Oz production, margin (EBITDA) will be $50m over next 12 months. However: b) Outside of AISC, you have $8.6 exploration campaign (to increase LoM and production) and $13m for ball mill (for the "steady state" production increase): $21.6m. This is all one-time activities with cash well spent. c) Financing charges (interest of circa 8-9% on gross debt) in period circa $5m. d) Misc: there will no doubt be other costs outside of AISC, supporting Dugbe etc, so with $26.6m above, may as well round it up to $30m, but may be more. So from the original $50m, roughly end up with $20m left over. I have not included taxes as they have built up a lot of tax credits and in addition Mali Government owe HUM $10.9m for their last 10% of mine (they now own 20% of mine), which may end up being offset against taxes too. So when all said and done I think HUM could still have Net Debt position of circa $9m by June 2019. But then with the $22m exploration + ball mill capex out the way and debt getting paid down rapidly reducing interest charges too, free cashflow should be very healthy and come Oct 2019, flip to "Net Cash". Again all else being equal. Who knows they could acquire assets in this time or gold price could go back up to $1,300. A $100 per oz increase would translate to $12m extra over a year. So based on all that personally I would not expect announcement of a dividend until Oct 2019.	redtrend	Read Full Thread Reply
29/9/2018 08:20	Sorry for the O/T post but FAO: Redtrend, what do you make of HUM's interims and the prospects for any kind of yield there? As with SLP, that's what seems to be lacking to me and they could patently afford it. They previously said: "we will examine all options to best use our cash flow from Yanfolila, including the possibilities of dividends or share buybacks" - but made no reference this time.	value hound	Read Full Thread Reply

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