Sylvania Platinum Share Discussion Threads

[basem1] 19/9/2019 12:06

It always tends to overshoot on the way down

[huntie2] 19/9/2019 11:25

Quite a pullback since the beginning of the month. Hoping we'll soon be seeing another leg up as people become aware of the value here.

[martinthebrave] 19/9/2019 11:05

17th Oct according to Stockopedia.

[basem1] 19/9/2019 08:23

Anyone know the ex dividend date I cannot see it in the results ?

[chrisatom] 18/9/2019 10:49

I'm already in, check my posts from last October at 17p mate. Also see my call to add at 27p before it took off on the latest rally, all based on volume profile. Only trying to add context to the pull back. Pull up the profile and look yourself, if you know how.

[basem1] 18/9/2019 10:40

Chris wants in cheaper but it is not going to happen

[chrisatom] 18/9/2019 10:29

Volume super thin down to 32p so can see a fall back down to there, especially if some stops feed the drop. Small ledge at 35p which could contain but the whole profile needs to fill out from 32p upwards.

[mfhmfh] 12/9/2019 21:45

'Palladium sets all-time high on supply angst'

[mfhmfh] 12/9/2019 12:02

interesting sell off when...

platinum futures at $956, palladium futures at $1,589, rhodium futures at around £4,800

buying opportunity arising IMHO.

[pastybap] 09/9/2019 11:10

ST is Simon Thompson from Investors Chronicle.

[stoodio] 09/9/2019 11:06

Sunday times presumably

[lasata] 09/9/2019 10:06

Russman:

ST??

[canigou2] 09/9/2019 08:29

What is the upgraded target, please?

[meanreverter] 08/9/2019 14:49

Another positive article in Investors Chronicle with upgraded target.

[russman] 08/9/2019 09:24

ST has given it another positive nudge.

[huntie2] 06/9/2019 08:54

a bit of a pause, a bit of profit taking post results. I shall await the next leg up....

[dangersimpson2] 04/9/2019 19:10

Not sure who their refiners are but if there was any issue getting cash out of SA they would just send their production to a refiner outside the country. If SA limited exports of natural resources then it would be completely over for the country economically. Not impossible, but something very, very unlikely.

On another point, PGM strength continues. SLP basket now up 32% in Q1 in ZAR.

[russman] 04/9/2019 07:21

Are there any restrictions for SLP transferring out USD from S.Africa.
Doubt the cash is rolled up in the holding company - Bermuda
Not sure what the Mauritius companies are for.

[mfhmfh] 03/9/2019 18:03

Liberium Capital today reiterates buy rating and increases target price to 70p (from previous 68p).

[red5] 03/9/2019 13:19

This has mostly buys today just one or two sellers should be shooting up.

[stoodio] 03/9/2019 10:56

Didn't ya daddy ever tell you cash is king?

[dangersimpson2] 03/9/2019 10:44

I suspect they want to hold onto at least some of the cash to build additional ROM processing plants if Sunamcor start new mines. Liberium estimate R200m per plant so about $13m. 3 mines would be therefore require about $40m. This would generate 30-50koz incremental production and have a npv of around $111m or 29p/share according to Liberium.

They could certainly debt fund some of it but I'd rather they were overcapitilised in the short term and give themseleves the option to fund it from internal cash. We know that with current pricing & production they should be highly cash generative but would imagine they will be much more cautious about having the cash on hand to deliver positive NPV projects given the volatility of pricing & production in the past.

[russman] 03/9/2019 09:00

Good question - what does SLP need all this cash for.

[mfhmfh] 02/9/2019 12:33

Liberium Capital today reiterates buy rating and 68p target price.

ST raises his target price to 60p.