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Share Name Share Symbol Market Type Share ISIN Share Description
Sylvania Platinum Limited LSE:SLP London Ordinary Share BMG864081044 CMN SHS USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.50 -7.97% 63.50 63.00 64.00 69.20 61.50 68.50 3,319,619 15:41:58
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 92.1 45.2 0.0 - 179

Sylvania Platinum Share Discussion Threads

Showing 4051 to 4073 of 6225 messages
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DateSubjectAuthorDiscuss
07/10/2019
13:29
Just google it's all there
handyandy028
07/10/2019
12:33
Do you have an article?
leopoldalcox
07/10/2019
10:27
What is happening with Sylvania in South Africa makes for scary reading. Talks of major dodgy tie up with major chrome producer and unions filing law suits. Certain Sylvania directors mentioned and allegations are very serious if proven to be true. Watch this space!
handyandy028
04/10/2019
08:08
Nice entry point Sat on 2 support levels
basem1
03/10/2019
21:47
Apparently there is something wrong with my internet provider. Using a different provider I am able to connect to the SLP website. Interstate 70 across Kansas & Colorado gets closed by blizzards regularly - you are fortunate that you were only delayed 6 hours.
ssmall1
03/10/2019
20:46
Only place I can remember in Kansas is the town of Oberlin where we were snowed in for some 6 hours when driving from Boston to ski in Aspen - Will never forget seeing the Rockies grow out of the prairie from the size of a white molehill to the mountain range as we moved west Any luck with the Sylvania web site? - Was invested there very many years ago but moved on as they never seemed to be going anywhere but down at that time.
pugugly
03/10/2019
20:36
Pugugly - I am located in the Kansas City area.
ssmall1
03/10/2019
20:06
ssmal1 - Just noticed your post - If not already sorted. No peoblems from Europe (not UK) Suggest your link might have got corrupted - This is currently working - https://www.sylvaniaplatinum.com/ Which part of the States - If I may ask?
pugugly
03/10/2019
20:00
fair enough. but you will lose out on making good profit on stocks like this.
eentweedrie
02/10/2019
12:59
The full quote is "follow the trend - until it ends". Which, when you think about it, is pretty useless investment advice. I think I'll stick with fundamentals, rather than trading on momentum.
bookwormrobert
02/10/2019
10:29
follow the trend....
eentweedrie
01/10/2019
12:52
Crazy post. If this went back into the 20s I'd sell my entire portfolio and stick the money in here. Palladium and rhodium prices very high and steady. Platinum has dipped but it is still high on a medium term basis. Company performing very well and seriously undervalued on an EPS basis. Looking forward to Q3 results, which should be very strong.
bookwormrobert
01/10/2019
10:50
next stop 33p imo. reset down to the 20's if downtrend continues dyor
eentweedrie
30/9/2019
23:17
I have no issues with other websites.
ssmall1
30/9/2019
22:41
pay your broadband bill?
eentweedrie
30/9/2019
21:31
I am a shareholder of Sylvania Platinum shares & I live in the United States. For some time now I have been unable to access the sylvania platinum website. Any ideas or suggestions?
ssmall1
26/9/2019
21:12
alan yes, that's my understanding. I agree it's better to do it this way than to issue new shares, but I have grave reservations about the use of share awards of various sorts. If people are paid part of their salary in shares, that's different, but directors handing out the odd percent or more of the company which employs them as a gift to themselves or their colleagues and chums is a phenomenon I find troubling.
zangdook
24/9/2019
17:16
Agree with danger - the best method to cover already existing share options allowances (my understanding is these were approved by shareholders in various previous AGMs) is through buy backs, not dilution. Employees and Directors should be rewarded for exceptional performance linked to Company's prospects and share price (i.e. shares rather than monetary bonuses), to align with shareholders. As long as it's not for simply "meeting" expectations, but exceeding expectations. I also agree that SLP are partly over-capitalised in the circumstances and more cash should be used for dividends, but in addition to these buybacks, not instead. Both can be easily funded. There is of course need for a "war chest" and rainy day fund etc. etc., but to go too far and be overly conservative to detriment of shareholders and share price is another thing. After this last buyback, SLP is now at a stage where dividends, not buybacks are most beneficial to shareholders - both for share price appreciation and yield. It is commensurate/proportionate dividends that will provide significant re-rate to SLP, so what you are discussing is a rather "chicken and egg" scenario. Additionally when the share price is low, the dividend yield of course can be higher, thereby benefitting shareholders and enticing new ones. The board has acted in a professional manner to date, steered the company in the right direction and have earned investors trust. A special dividend should be expected for Grasvally sale. If it is not forthcoming however, questions will need to be asked. As it would with next year's annual dividend too if it is once again not proportionate. I'm surprised at how passive both IIs and Private Investors can be to these issues. I've been to many AGMs where IIs hold significant holdings and sometimes they don't even have representation. 5 IIs hold 50% of SLP shares and I'm not sure how active or passive they are to be honest. Have to admit I haven't been to SLP's AGM in Bermuda yet, but plan to next year. Depending on whether or not we receive a special dividend once (if) the Grasvally sale is formalised for the full Net amount, an open letter to the 5 IIs holding 50% wouldn't hurt, to see how passive or active they really are. It wouldn't be too hard to get contact details.
redtrend
24/9/2019
14:43
dangersimpson2 — I agree: keep buying back as long as the shares are on a low PE. Meanwhile pay a small proportion of earnings per share as dividend. When the the re-rate comes and the PE jumps, let the dividend rip. Even if a low PE seems never-ending, that way you still get a rapid growth rate in dividends, which will eventually wake the market up for a re-rate.
meanreverter
24/9/2019
13:46
I know that buybacks can be controversial but with a prospective P/E somewhere in the region of 4 I'd rather have buybacks than an increased dividend at the current price and I certainly wouldn't want them issuing shares on a P/E of 4 to satisfy management options in order to keep the cash for an increased dividend.
dangersimpson2
24/9/2019
12:55
"arguably overcapitalised at the moment and probably don't have a better use for the cash" A better use for the cash would be to increase the dividend. The increased yield would make the share more attractive to investors and fund mangers and the share price would likely ascend!
canigou2
24/9/2019
12:46
That is exactly what they are saying. Normally companies just issue the additional shares for bonuses and dilute holders, in this case the buyback is a way of funding these bonuses in cash rather than shares. So if you consider the company to be undervalued at the current price then this is a small marginal gain. If you consider the shares to be overvalued this is another reason to steer clear. The share options are already awarded (subject to performance conditions) so you can argue the pros and cons of the share awards but it is a separate issue to whether they should effectively fund them via cash or new shares. I personally prefer the cash via the buyback to being diluted because I consider the current price significantly undervalues the company in the current PGM pricing environment but others may have a different view. Also, they are arguably overcapitalised at the moment and probably don't have a better use for the cash unless Suncor open new mines and SLP decide to add ROM PGM processing to the new mines.
dangersimpson2
24/9/2019
12:11
zangddok - I think your interpretation about the share buybacks is the same as mine, but I'd be grateful if you could confirm - or disagree. My understanding is that the shares, being bought with the company's surplus cash (which is an asset of the shareholders generally, surely?) will be held in treasury for the time being, but then distributed to the directors and any other employee benefitting from a share bonus award or share options. Seems like a neat way of robbing Peter to pay Paul?
alan@bj
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