Sylvania Platinum Share Discussion Threads

[michaeld] 30/8/2016 08:56

Good results, as expected but disappointed that the share price hasn't doubled yet!
The company are rightly being cautious about future PGM prices going forward into 2017-19 but expect to hold current levels of production and the price of platinum etc may rise further rather than fall? Apart from being a precious metal for jewellery and investment it has important industrial uses. A dividend announcement together with the first quarter results ought to get things moving?

[sleveen] 30/8/2016 08:18

The reason might be that the future prospect for SLP don't look particularly good.

See the presentation...reduced production post 2017

[rusty9717] 30/8/2016 08:16

Happy to hold here, but they really don't want to let this one run away for some reason!

[glennborthwick] 30/8/2016 07:43

Yep tremendous. Plus platinum price far north of 850 these results are averaging out at means next quarter should be stellar.

[blueball] 30/8/2016 07:33

Good results EPS up 125%.and costs down.

[on target] 30/8/2016 07:30

Results read very well, particularly considering the lower PGM prices in the last FY.

[glennborthwick] 30/8/2016 07:22

Results I believe are out but rns system problems

[caledoniaman1] 25/8/2016 15:29

Well if that is the case and the results are expected to be good, then you wouold expect some buy activity pushing the price up before hand.

[michaeld] 25/8/2016 13:43

Company tells me that they are aiming to announce annual results on 30th of August.

[caledoniaman1] 25/8/2016 13:36

Just over 8p.

[mick113] 25/8/2016 00:45

Remember Platinum is still a lot higher price then our previous qtr basket prices. Over $150 oz plus if i am correct, this will add to profits substantially come this qtr and December. This is a fine investment for all and above all it is truly undervalued with plenty of room for upside into the teens. AR will be a good read but looking forward to quaterly results which are due Oct end, hopefully share price should start to gain traction now and move higher. Also news on Grasvally sale worth a few million could give us a nice boost or even dividends news.

Happy to sit tight and wait for the breakout which WILL happen very soon.

[norsewebster] 24/8/2016 19:59

What's your average buy in price caledonian

[caledoniaman1] 24/8/2016 16:49

Clearly a worked trade from somebody unaware of the short term drop in the price of Platinum about to unfold - ho hum - onwards and upwards !

[norsewebster] 24/8/2016 16:42

Not a bad 350k buy at the end of todays trading at full ask.

[on target] 24/8/2016 15:47

'Technical selling' across the PMs according to Kitco.
Either way just short-term fluctuations and the uptrend is still intact.

[eye2] 24/8/2016 11:19

250k buy 8.25 and a 255k ('

[michaeld] 24/8/2016 09:36

That's good news gota. Don't like the look of the larger sells with results due and after I bought some more this morning. The results ought to be good, especially in regards to current PGM production and sales.

[gotabsirius] 24/8/2016 08:52

No hedges. Confirmed by company

[michaeld] 24/8/2016 08:33

Annual results due and let's hope we get news about dividends, with the price of platinum now at viable levels. Hope that we are not hedged at lower prices at all?

[caledoniaman1] 23/8/2016 11:39

Getting ready - lol - what are you waiting on - the purple moon ? ha ha :)

[dandadandan] 23/8/2016 11:13

Half full and getting ready to fill the glass with a few more at these lowly prices
It is in the charts so getting ready for a tick UP.
The lowly Mcap is a give away indicator......

What we now need is for the BoD to do some Investor encouragement work.
Who is about to visit London (121)?

Lets have the annual report and a presentation for starters.

It is time to earn your keep BoD and maintain your integrity as a leading tailings (Platinum) producer. When the going gets tough, the tough prove themselves worthy, IMO.

Grasvally news and what have you done about that oustanding ML?
Are you looking for more SDO work to increase those profits or even snap UP a few bargains that are around?

GLA.

[blueball] 22/8/2016 21:10

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

imo.