Sylvania Platinum Share Discussion Threads

[freddie ferret] 26/2/2021 22:32

It may be not so amazing, just inevitable.

[metis20] 26/2/2021 18:53

Since start of the year the SLP 4E basket price is up about 37%. Basket value breakdown now approx 1/1.3/4.8 for Pd/Pt/Rh Amazingly the Rh bid price is up significantly again today.

[freddie ferret] 26/2/2021 16:40

Pt and Pd a bit soft today, gold now plunging. :)

[freddie ferret] 26/2/2021 16:37

Pricing seems to vary, some will be delayed, some US, some UK, some bid, some offer, some mid. A lot of these prices are coming from organisations that themselves trade, none are neccessarily wrong. I prefer to just give the changes as soon as possible after they have happened, if I catch them.

[martinfrench] 26/2/2021 16:32

I wasn't trying to your isdx post, but the kitco one

[freddie ferret] 26/2/2021 16:28

martinfrench. ISDX was a share trading exchange similar to PLUS markets. AQUIS is still operating but SLP does not seem to be listed on it. It is always useful to know and monitor all the exchanges a company one is invested in is traded on, since if one just looks at the trades data from one exchange it can be misleading. ;)

[davebowler] 26/2/2021 16:15

HTtps://www.stockopedia.com/content/small-cap-value-report-mon-22-feb-2021-fnx-slp-otmp-767419/?utm_

[freddie ferret] 26/2/2021 15:41

Have done a bit of checking on these, the first defaults to the second. htTp://www.nexexchange.com/for-companies/companies-prices/ hTtps://www.aquis.eu/aquis-stock-exchange/companies-and-prices No signs of Sylvania

[martinfrench] 26/2/2021 15:35

freddie, think that is same as metals daily, showing 26500 ? though these sites differ

[freddie ferret] 26/2/2021 15:23

Was on the proactive investors site a little while back. From the SLP page they were giving a link and saying SLP was being traded on the ISDX exchange. The link no longer works for me at any rate and I think the ISDX is sort of defunkt. www.isdx.com/forcompanies/ourcompanies/companydetail/default.aspx?securityid=1135685

[freddie ferret] 26/2/2021 15:19

Jeepers Within the last couple of hours Rh has put on another $1500 according to Kitco. SLP currently down a tad, Dow tanking down 300 points so far, 100 off 150 points.

[martinfrench] 26/2/2021 13:31

this take over talk bit academic, unless credible rumours ?

[freddie ferret] 26/2/2021 13:25

Pt prices are following gold atm downward. No change on Rh which is a very different animal. The increase in demand for Rh is going to come from the far east and particularly China imho. There are big car manufacturers in China, I have no doubt there are also big catalytic converter manufacturers in China as well. If there is to be a bid for SLP in the future it is to China we should look imho. The chinese already own mines in Africa. Whether western govts would be keen on the chinese buying up SLP is an open question, but I am not sure how they could stop them - put in a counter bid? :))

[maxplus2] 26/2/2021 12:13

Thank you. Do you think someone is stake building?Thats what happened to one of the instances company (RSA) 6 months ago? They were bought by a Danish company.

[stemis] 26/2/2021 11:03

Not unless they own shares in SLP

[maxplus2] 26/2/2021 11:00

Hypothetical question. If a bidder bids for a company before Ex-Divi, will they qualify for a dividend and use that to pay for buy out

[acv74] 26/2/2021 10:29

Have added enough cash to my IG acc so I can cover the 100% margin.It kinda goes against the whole purpose of leveraging but they're not getting a cheap exit out of me.

[maxplus2] 26/2/2021 10:29

Can you please clarify what do you mean by market rotation? Where is the money going to?

[tomps2] 26/2/2021 10:28

Sylvania Platinum (SLP) Spoken about in a piworld interview with Edmund Shing; Mr Shing’s thoughts from 12:35. Watch the video at: Https://www.piworld.co.uk/2021/02/26/piworld-interview-with-edmund-shing-the-idle-investor/ Or listen to the podcast using the following link: Https://piworld.podbean.com/e/piworld-interview-with-edmundshing-the-idle-investor/

[hpcg] 26/2/2021 10:02

The market is rotating still. So yes, there is always contagion when there is big selling pressure in one part of the market, but that shouldn't disguise that higher long term rates and inflation in commodities is driving the rotation.

[2vdm] 26/2/2021 09:46

Despite the mkt being negative, SLP is holding up. Bought another £5k top up this a.m. Few juniors out there with such good fundamentals imo.

[carcosa] 26/2/2021 09:05

If a car manufacturer would do such a stupid thing then am pretty sure the anti-monopoly commission (Is there one in SA?) would stop it instantly. How a car manufacturer could get their shareholders to agree buying a PGM processing company, in South Africa (imagine the ESG discussions alone, let alone the can of worms regarding alleged graft!) where Samancor have the right to terminate the supply agreement would be interesting to listen too. Furthermore the business is wholly dependent on the PGM price. The time for takeovers is when PGM prices are very low, not high. And I suspect it would be SLP taking over other companies anyway (as they did many years ago).

[anderson sw] 26/2/2021 08:23

Good one! But to secure supplies of the raw materials they need EV makers have bought significant shares of lithium miners in the past couple of years. Tesla is starting to mine it’s own Lithium in the US to support its battery production needs after it failed in its attempt to buy an existing mining company there. Everything I read suggests SLP is extremely cheap and as with lithium the demand for its output from carmakers is supposedly unlimited for the foreseeable future.