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
  -0.75 -2.04% 36.00 36.00 36.50 36.75 36.25 36.75 497,080 16:35:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 55.6 19.2 0.0 - 103

Sylvania Platinum Share Discussion Threads

Showing 4076 to 4099 of 4200 messages
Chat Pages: 168  167  166  165  164  163  162  161  160  159  158  157  Older
DateSubjectAuthorDiscuss
09/10/2019
15:02
468 - usually yes
kaos3
09/10/2019
14:45
That's the issue KAOS, that's still to be decided. Is why SLP need to make a statement
plat hunter
09/10/2019
14:41
did SLP cooperate in stealing? did SLP unfairly gain? are its present valid contracts and business coming out of Samancor still valid? what % of the overall business comes from Samancore? TIA
kaos3
09/10/2019
14:40
Is that a serious question Kibes?? Do you really think you can commit a crime and you'll getaway with it forever, so long as you don't get caught inside of the first 10 years?
plat hunter
09/10/2019
14:36
Plat Hunter - and this deal was more than a decade ago? Why has it taken Samancor so long to wake up to it? What credibility does a court case have after 10 years?
kibes
09/10/2019
14:36
I'd go further. From the SA high court affadavit, they appear to have defrauded Samancor shareholders including their BEE partner via their lucrative little scheme with SLP.
gsg
09/10/2019
14:12
What do you think's happened Bookworm, lets discuss it together, we can dissect it point by point if you want? Tell me why I'm wrong and let me know what point of the affidavit you're referring to and we'll go from there.
plat hunter
09/10/2019
14:09
robert. I have no axe to grind here, however PH has accurately described the situation imo.
gsg
09/10/2019
14:07
Nope, PlatHunter, you've got completely the wrong end of the stick. Read the documents again. Must try harder.
bookwormrobert
09/10/2019
14:02
In simple terms, a couple of crooks managed to pursuade SLP to give them loads of shares on the proviso that they would successfully arrange the Chrome agreements, heavily in favour of SLP to the detriment of Samancors shareholders. The crooks would then arrange to be agents for selling on the PGMS, thus top slicing commissions equal to 9% of all PGM sales without even having an office to work out of. They would then benefit from the appreciation of the SLP shares they were awarded, which in part have appreciated purely on the back of the above financial arrangements. In short, Samancor has been robbed by a couple of it's employees for the purpose of defrauding their employer and creating a cash rich pump vehicle SLP in the process. papers are already filed with the SA courts and is public accessible information.
plat hunter
09/10/2019
14:01
Yes, stops have been tripped today. But (IMO) the real reason for the drop is nervousness about the Samancor/mining union court case (scroll back through posts for useful links to documents). Personally, I can't see this coming back on Sylvania, regardless of the outcome. It was all more than a decade ago. But, evidently, others differ. Hence, the selling...
bookwormrobert
09/10/2019
13:56
Tripping out stops to fill an order?Happened to me at 34p the other mth .Just bought some of them back at 32p tho :-)No stop for me now though.DbD
death by donut
09/10/2019
13:50
what is going on? can anyone explain in simple nterms please
nickwild
09/10/2019
13:46
With you on that Bazzer - but the company must be aware of the share price action so they simply need to issue a statement denying (or otherwise?) the allegations.
frazboy
09/10/2019
13:32
Looks like someone's trying to get your shares on the cheap to me!
bazzer1000
09/10/2019
13:17
complete breakdown on the chart and fallen out of the descending wedge.. This is a fundamental selling story now and the BOD need to make a statement, quickly.
plat hunter
09/10/2019
08:10
We are back to the volume 'ledge' at 35p, there's a low volume node below down to 31p, which would be a great entry IMO. It may settle here though.
chrisatom
08/10/2019
21:08
Portpatricks role needs clarity It really does
handyandy028
08/10/2019
14:15
The company really needs to make a response imho.
eentweedrie
08/10/2019
12:50
I'm afraid after reading that and reading about the current labor climate in SA I consider this seriously risky for the price.Thanks for highlighting Andy and sorry for initially being a little obtuse.
eentweedrie
08/10/2019
12:28
SA again off shore companies galore Think I will stick to Silicon Valley instead of second guessing litigation and whistle blowers
handyandy028
08/10/2019
09:25
The 74% ownership is due to the BEE laws relating to the mining charter. My understanding is that this applies only to mining companies though, so with SLP only processing mine "waste", not primary mining, most of their cash-generating subsidiaries do not come under the BEE legislation. Hence why there are no adjustments for minority interest on the income statement and it only features as equity on the balance sheet. Not sure who their BEE partner is for the assets that are (or will be if they are sold to someone to develop) primary mining - but it is unlikely to be Koncar or others from Sunamcor, for obvious reasons!
dangersimpson2
08/10/2019
07:45
several SLP grand dauther Cos (Mauritius part) are indeed 74 % owned. now I know why and who holds the balance.
kaos3
08/10/2019
07:37
from the main scandal actors youth in YU - 12 years in prison for the similar stuff hxxps://www.tportal.hr/biznis/clanak/kralj-kroma-na-putu-da-postane-i-kralj-brodogradnje-tko-je-danko-koncar-foto-20180329 gt He enters a more serious business by hiring at Jugoturbina Commerce, run by his cousin. He was immediately appointed director. The company had the authority to import and export various products for the needs of Yugoslav companies. Konchar's career flourished until on November 5, 1976, a police officer knocked on his door and took him into custody. 'I came out of prison like a broken man' After months of trial at which he identified a large number of witnesses, not only from Yugoslavia but also representatives of British, Dutch, German and Italian companies with which Jugoturbina worked, Koncar was sentenced to 12 years in prison. He was found guilty of taking commissions, although prohibited, from goods sold by Yugoslav companies abroad via Yugoslavia.
kaos3
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