Sylvania Platinum Share Discussion Threads

[russman] 28/8/2018 11:13

Apply yourselves to the new proposed dividend policy.

[smudgeroo] 28/8/2018 10:16

Forget 52 week highs. Think 6 year highs.@followingprice

[mirabeau] 28/8/2018 10:13

If Thompson doesn't update this week then I'm a Frenchman, which I'm not

[trendspotting] 28/8/2018 10:05

Date Buy Vol Sell Vol Total Vol
24/08/2018 282,456 504,199 786,655
23/08/2018 120,899 245,159 366,058
22/08/2018 660,629 409,103 1,069,732
21/08/2018 414,438 347,123 761,561

Todays Volume at 10am - 1,251,490

Follow the Trend.

[russman] 28/8/2018 09:09

In the Annual Report; list of excuses why SLP have not followed their dividend policy before.
Bravo to the shareholder who pointed this out in an "interesting" manner.

[snorky123] 28/8/2018 08:40

When will we get update from IC

[trendspotting] 28/8/2018 08:35

- Cash dividend of 0.35 pence per share
- Net Revenue up 24%
- EBITDA improved by 21%
- No debt with 14M in the bank


And the thing that I like the most is Trend. Look at the trajectory over the past year. The 52 week high is 21.5p and its about to go.

Vey bullish times....You heard it here first, 30p break will be here sooner than you think. Outstanding results SLP and thank you for the tip off Mr you know who you are.

[value hound] 28/8/2018 07:19

At last - a dividend! :-)

We knew it had to come Redtrend; icing on the cake.

[friars3] 27/8/2018 18:39

Big Jump tomorrow Boys

[rar100] 20/8/2018 09:56

I read the hard copy mag, it's quite a long article

[snorky123] 20/8/2018 07:44

Can you please put the IC link up

[rar100] 19/8/2018 19:12

Another very positive write up in IC this Friday

[ileeman] 17/8/2018 14:11

Bought some for a chart trade.

Huge potential double bottom breakout incoming.


free stock charts from uk.advfn.com

[mfhmfh] 16/8/2018 13:53

Buys coming in today as well.

[the bull] 15/8/2018 12:00

What a damn fine share this is, bought Jubilee instead :-(

[mfhmfh] 15/8/2018 11:59

all buys today so far. new high today. GLA.

[redtrend] 13/8/2018 13:49

Guess that is probably the reason for the 8% increase today, along with the SA Rand weakening to 14.2.

Good work on a day Platinum is getting hammered

[someuwin] 13/8/2018 13:41

About time peeps started noticing this one.

[nickwild] 13/8/2018 13:40

investorschronicle link

[gersemi] 13/8/2018 12:22

That Thompson fellow from the IC's just tipped this

[redtrend] 30/7/2018 05:12

We now have 54% of Institutional Investors in SLP:

Africa Asia Capital: 20.54%
Majedie: 9.91%
M&G Investment: 9.85%
Miton: 4.54%
Hargreaves Hale: 4.42% (acquired by Canaccord few months back)
FIL Ltd: 5.17%

I wonder if these entities are also pushing for yield? Expect they are.

Agree Russman, SLP needs to provide clear update tomorrow or late August when Accounts released, on intention for cash - SLP are in the enviable position that they can afford both a dividend and funding of growth projects. Unless they have major growth plans we are unaware of, but if that's the case, without prejudicing any commercial position, they should allude to this.

At last count they had $17.4million in the bank and even with Capex for "Project Echo" (increase production to 80,000 Oz and production life), they continue to make far more money than they spend. Echo had an estimated Capex of $12million, perhaps more if you incorporate Phoenix (Lesedi) into this, so let's say $14million. With $6million spent already at end of Q1 2018, there is only $8million left to fund. If you look at the Feb 2018 presentation and projections for Capex (pg.23), they are very low indeed.

[russman] 29/7/2018 08:29

If the BoD said what SLP intends to do with all this cash; the share price may move.

[snorky123] 27/7/2018 07:18

Just looking at the last 2 holding announcements and it looks like we have a buyer who now holds just over 5%. This explains why there have been a few large trades at closer to bid price yet price has not moved. Lets hope the sellers have dried up and price will be moving up

[utrecht_00] 18/6/2018 15:46

summer top slicing perhaps.

[cflather2000] 12/6/2018 17:38

Anyone have a theory for the drop today?