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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 -1.22% 20.25p 20.00p 20.50p 20.50p 20.25p 20.50p 161,088 08:45:42
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 47.5 12.2 0.0 - 58.02

Sylvania Platinum Share Discussion Threads

Showing 3751 to 3775 of 3775 messages
Chat Pages: 151  150  149  148  147  146  145  144  143  142  141  140  Older
DateSubjectAuthorDiscuss
17/1/2019
11:43
Palladium is exploding. Up >5% to $1,430. SLP basket price now $1,172, even with Plat languishing at $810. Maybe getting a bit "frothy" with speculation or could be signs of panic and major supply deficits, who knows. A bigger issue than price differential (as per unit, not a huge amount of pall is used in catalytic converters) is security of supply. If manufacturers are concerned by palladium supply, they may have no choice but to commence the arduous process of changing their supply chain and processes for platinum cc.
redtrend
17/1/2019
11:37
https://www.cnbc.com/2019/01/17/gold-markets-fed-rate-hike-brexit-in-focus.html
mfhmfh
17/1/2019
11:36
palladium has jumped 4.35% in price to 1,375.90 on CNBC.com at the time of writing.
mfhmfh
16/1/2019
22:41
https://www.cnbc.com/2019/01/16/gold-markets-failed-brexit-vote-fed-hike-in-focus.html
mfhmfh
16/1/2019
17:01
Production report should come around end of January and should detail production levels and the basket price realised It should mark a good quarter for SLP with an improved basket price. With increased media coverage we may see a few new holders entering. The value will become impossible to ignore at some stage
cflather2000
16/1/2019
16:46
Palladium now over 1300 dollars
cflather2000
14/1/2019
19:51
Would be helpful if ADVFN put 3.76c eps in.
russman
14/1/2019
10:15
Tipped somewhere ? Lots of buyers out there.
basem1
09/1/2019
17:53
https://www.cnbc.com/2019/01/09/gold-markets-us-china-trade-the-fed-in-focus.html
mfhmfh
07/1/2019
23:40
the great thing I like re SLP is that they have increased production from c.10,000 to over 70,000 (over c.7 years) without issuing shares or being hostage to huge debt. at the most simple level it proves to me that they generate CASH which is actually quite rare for a company thus it is one of my top5 holdings.
thirty fifty twenty
07/1/2019
21:27
I would agree with a lot of that 305020, especially that sale may have caused weakness. It is a company that has been on my watchlist for a while: I will look into it again and possibly try to time a purchase. I am hoping that it will pullback, though who knows if it will or not? One of my biggest holdings is BUR, which has been held back by fund managers being forced to sell in order to meet redemptions. I wish BUR had the facility to just buy back the shares, much better way of dealing with a distressed seller.
mad foetus
07/1/2019
21:16
hi mad foetus I initially felt the same about that purchase but then did some thinking..... although it was a PDMR there are maybe many (personal) reasons why they want to / need to sell. it was not a director so it would be unusual to think of al the top team it was a second tier of management that had the knowledge that the share price was very over valued / there were company problems. so I concluded that they 'needed to sell' the price was weak in the days before so maybe they were drip selling into an illiquid and nervous market. they had a chat with the directors and they said 'look if you need to sell a large chunk we will buy them back' - that way you get some sort of decent price and we get to avoid a share price fall on low volume. I think the fact that the company bought back the shares means for their insider trading rules that there is no new news. the company has stated its volume targets and CASH flow and we know that the price of their PGM basket has increased materially in the last 6 months (mostly thanks to Palladium) all IMHO DYOR + BoL SLP is in my top5 hldgs
thirty fifty twenty
07/1/2019
20:30
It was buying back off a PDMR/director that worried me. Buybacks are fine
mad foetus
07/1/2019
20:20
Why doesnt a company share buy back feel good.Buying and selling creates a more liquid market? And by buying shares, the company may believe its undervalued and a right buy at the current market price
muffster
07/1/2019
19:02
Once Echo capex winds up there will be buckets of cash for dividends.Capex per year will drop from 11-12m to 3-4 million over the next year or two.That's another 8m available for dividends. Market cap currently at about 60m.Dividends have only started being paid and at a very modest yield, but I'm personally confident divi will grow strongly over 3-5 years. Now is the time to buy for future incomeAll IMHO, DYOR, etc, etc
leopoldalcox
07/1/2019
14:04
I tipped it on the RRE board on Friday evening.
basem1
07/1/2019
13:44
i would guess Simon Thompson IC update?
frazboy
07/1/2019
13:22
high volume today
mfhmfh
06/1/2019
18:33
I guess my point is that with the very low PER this is valued at you should be able to do both.
podgyted
06/1/2019
18:11
As far as I can see they are investing heavily - capex was 5x the dividend level in 2018 - from a quick look at my screen.
podgyted
06/1/2019
12:12
Earnings cover the dividend but the dividend doesn't cover investment capital.An income investor will look to how many years it will take for a dividend to cover the investment cost.Unfortunately the duration of the yeald exceeds the life span of current projects. Which means this stock is unsuitable for income investors as they will undoubtedly be drawing down on capital instead of their dividends.The board need to invest heavily in new projects or increase the cover rate.
plat hunter
06/1/2019
02:41
Could you explain more? Earnings covered dividend easily in 2018. By over 8 times according to Stockopedia. The company has no debt
leopoldalcox
05/1/2019
12:22
Dividend policy has ruined this stock. The cover rate is wholly inadequate for the PGM basket price and project life cycle. Unless SLP invest heavily in their pipeline or there's a dramatic increase in PGMS, then there's no scope for growth here now. Just my opinion of course, I'm sure many will disagree though
plat hunter
05/1/2019
12:07
Liberum 4th Jan 19 :- "Sylvania Platinum's share price has retraced 27% since peaking at the beginning of September at 23.75p. This is despite the platinum group metal (PGM) rand basket price, the key indicator of the company's profitability, continuing on to multi-year highs of R16,271/oz. We believe this disconnect is unwarranted and believe equity news flow is likely to be to the upside over the next twelve months. The current weakness is a good buying opportunity and Sylvania remains our preferred exposure to platinum group metals. We maintain our Buy recommendation and see upside of 71% from the current share price." TP 30p
podgyted
31/12/2018
11:41
http://www.mining.com/web/years-best-major-metal-gains-steam-supply-eclipses-trade-woe/
leopoldalcox
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