Sylvania Platinum Share Discussion Threads

[woodaldo] 25/7/2016 12:16

Looking v.good here, results within a few days too. Can't wait.

[blue sky territory] 25/7/2016 12:04

Looks like results might be as good as we expected after all.

[dandadandan] 25/7/2016 09:20

Nice chart signs. Getting ready for the next move through 9p IMO.
Then a possible breakout depending on those results.

It looks like someone may have got an early insight, late Friday????

(Are Miton still selling or do they want to make some $$$$$s,
maybe they holding onto these now and getting ready for that sudden shift UP?)

Wednesday is usually a good quarter results day. Will the BoD remain that predictable?

GLA.

[blueball] 25/7/2016 08:50

This is going to 10p says the chart.

[yasx] 25/7/2016 08:35

From a technical perspective, this is the area to crack in order to begin a new leg higher.

[mick113] 24/7/2016 15:53

Gotabsirius I agree with your point above also!

And it us primed, if seller is done i can see it doing 15p plus very quickly.

[gotabsirius] 24/7/2016 15:40

Main reason this has dropped is currency fluctuations. Look at the 5 year US$ / ZAR chart. Note the strengthening on the Zar over past six months. This helps reduce costs and also enhances cash build when converted to US$.

All the ducks are lined up for a big rise here.

[mick113] 24/7/2016 15:16

Looking forward to the rise this week and set of excellent results which will be even better following quarter in September.

I have to say this is one them shares that is and excellent opportunity to buy down here which could turn your investment into a huge profit. Remember this has come down from 50p plus and mainly due to a seller and platinum prices decrease, well now the tide has changed and platinum is on a bull run and the company is expecting massive profits quarter on quarter.


News on dividends will be big news!

[shokty] 23/7/2016 19:55

We should see double figures on Monday ...this move will take us to around 15p IMO ...I'm expecting this to 5 bag at least from these levels personally and that's what I am waiting for

[michaeld] 23/7/2016 10:04

Yes, you are probably correct rb. Maybe I'm a bit paranoid after some bad experiences with other undervalued plc's, in the past. I also take comfort from the share purchases made by the company for staff incentives/remuneration in the future. Directors of a plc are there too look after the best interests of all shareholders & employees and so let us hope that they do that here. We could all benefit from this one.

[rbento] 22/7/2016 23:30

If the BoD wanted to do a Mgmt buyout it would be the wrong tactic to improve cash flow generation, lowering costs and increasing the annual production forecast! Normally they turn the company into a basket case, take it over and then put it right again.An Mbo is not something we need to worry about....the board is being paid so well anyway, why take it over! (Yes a little gripe of mine is that the Board costs are way too big for a company with this market cap)

[michaeld] 22/7/2016 17:22

Yes mick 15p for starters would be nice.

[michaeld] 22/7/2016 17:20

My worry is that management and their backers may have been taking action to depress the share price whilst they arrange to do a low price buyout. This would in effect be a fraud on long time shareholders like me who bought in a few years ago at much higher prices, before the price of platinum fell. I hope that this is not the case, of course but a lot of twisters are able to roam the markets with apparent legal immunity? Some months ago we had a lot of legal guff from SLP about Bermudan takeover rules which I thought was ominous!

[mick113] 22/7/2016 17:08

Micheal i agree with you, but let's have 15p for starters.

[rbento] 22/7/2016 17:00

The encouraging thing about today is that there was a big sell of 500k and some other reasonable sized sales....all absorbed by the market. Hopefully not long before the sellers are all out and share price flies massively.

[michaeld] 22/7/2016 16:56

Fair value will probably be more like 50p+ per share once we get the first quarter earnings for 16/17 and no bad news, imho but time will tell.

[mick113] 22/7/2016 15:28

Yes, i been accumulating for a while.

[blue sky territory] 22/7/2016 15:23

Did you get in this morning though mick?

[mick113] 22/7/2016 15:20

I wouldn't mind the company buy back a few shares and pay a dividend!

[mick113] 22/7/2016 15:18

Very nice now! Come on SLP fair value 15p! Talk of dividends payments..

[someuwin] 22/7/2016 15:15

Yup - still very cheap.

[saucepan] 22/7/2016 15:11

Looking rather good, suddenly. Roll on next week; patience to be rewarded?

[randowiggum] 22/7/2016 10:35

Dan

I cant imagine there is any manipulation here. Just some big funds getting out of a tiddler in their portfolio.

I dont think we will see a dividend. More likely share buybacks as they have been doing in the past. Its a lot cheaper to do a share buy back. Also why give money to the institutions that want to sell! just mop them up in the market where possible.

Also dont hold out hope for any meaningful money for Grasvally. Its a tiny asset in a chrome market that is horrendous.

The SDO cashflow is what will drive the company in the next 1-2 years. In a bad mining market cashflow generation is key to justifying the market cap increases.

[blue sky territory] 22/7/2016 10:31

With the price of Platinum steadily rising, this little baby has been looking good for a few months. Reports in a few days..