Sylvania Platinum Share Discussion Threads

[blueball] 22/8/2016 21:10

Chart Bull kumo break-out tonight back to 10p soon.

imo.

[glennborthwick] 20/8/2016 23:37

or that it has bounced up from 7.75 twice. Half glass full or half empty

[caledoniaman1] 19/8/2016 16:23

I can see that, but ask yourself why it keeps bouncing off 8p now !!

[on target] 19/8/2016 13:33

What do you mean, it was more than 0.08p earlier this month?

[caledoniaman1] 19/8/2016 13:27

The share price has tried to break through the 0.08p concrete ceiling several times - pull back from here may present a buying opportunity, but this share price is going nowhere in a hurry. AIMVHO

[caledoniaman1] 19/8/2016 13:24

the share price has only tracked the increase in platinum value since January. Absolutely nothing factored in for any improvements in the company's performance. Basically going nowhere ! AIMVHO

[glennborthwick] 18/8/2016 10:42

ok i'm in at a touch under 8p.

[michaeld] 18/8/2016 10:03

Unbelievable value, bearing in mind current cash position and earnings which should be reflected in the first quarter results. Time will tell.

[glennborthwick] 17/8/2016 23:32

yep @glennborthwick

[gotabsirius] 17/8/2016 20:02

Are you on twitter? I can add you to a very informative group if so

[glennborthwick] 17/8/2016 19:56

thanks - will definitely dip the toe in the next 48 hours.

[gotabsirius] 17/8/2016 19:47

Miton has completely dissolved sentiment and the company needs a small ignition now the sellers have stopped. Year end results and potential shareholder presentation for strong forward outlook could well provide this stimulus to the price...I'm looking at 15p by next quarter results

[gotabsirius] 17/8/2016 19:45

Hello Glen, the company is not hedging PMG. This was confirmed by the Company. A stronger Rand is a massive plus for slp as it inflates cash build in US$ and also increases the NAV of the company. If you follow the five year depreciation of the rand/us$ you will see how, when reporting in US$, any value was lost. A stronger Rand means value is now enhanced

[glennborthwick] 17/8/2016 18:49

I'm thinking of taking a position here. One query. are they hedged? It looks like the rand has appreciated against the dollar recently. I'm guessing this is a negative whist clearly the price of platinum has appreciated nicely.

[glennborthwick] 17/8/2016 17:00

I'm thinking of taking a position here. One query. are they hedged? It looks like the rand has appreciated against the dollar recently. I'm guessing this is a negative whist clearly the price of platinum has appreciated nicely.

[yasx] 17/8/2016 09:18

This is the only Platinum play that has failed to appreciate in price this year - there must be some underlying reason for this. In a buoyant precious market bull run, attractive plays simply do not get ignored.

I have a small position, but will not increase my stake unless there real progress is demonstrated.

[norsewebster] 16/8/2016 10:16

Look at HOC chart compared SLP. When is this going to move.

[on target] 16/8/2016 09:32

Looks poised for a re-rate.
PGMs also getting ready for the next leg up.

[dandadandan] 16/8/2016 08:34

The only thing that will fall like that is the GB (devalued) Pound IMO.

SLP is worth an Mcap of just $30m and it will make $8m + in a quarter.

The market will realise this soon.

The corporate funds will also realise that SLP actually produces Platinum from 7 SDOs.

Someone will snap this company UP if the GB pound gets even lower IMO.
Just look at SLPs SA assets....


GLA.

[caledoniaman1] 15/8/2016 17:41

mm's poised for a retrace to sting a few short termers - bring it on guys - I am waiting on 6p to fill ma boots :)))))))

[dandadandan] 15/8/2016 09:18

This should only go one way and that is UP.

Just follow the fall of the GB Pound and remember these assets are based in SA and priced in GB 'stock market' Pounds/(Pennies?)....

The Mcap is just too low and the MMs cannot hide the facts.

Just sit back and wait as they devalue the GB 'Brexit' Pound.
(It's the Chinese trend to follow).

GLA.

[mick113] 14/8/2016 15:37

Guy's if Platinum passes $1200 it could reach $1300 fairly quick, which will be a bonus for SLP, but considering if Platinum stays around $1120-1180oz, profits will still be very good every quarter. So i can say this is well undervalued and should already be over 12-13p at least. Eventually it will go a lot higher then that especially with a start of a metals bull run in progress.

Expecting it to break 10p leading upto annual report August end and break into mid teens by September end before quarterly results, which should be a very interesting read.