Sylvania Platinum Share Discussion Threads

[odvod] 11/2/2020 08:16

good basis. break out point, RSI at 50, extremely good value, full of cash etc.... trading people like me are watching. with profits from the other PM juniors. just wait

[farnesbarnes] 11/2/2020 08:09

Amateurs decide the open...

[odvod] 11/2/2020 08:07

SP explosion

[farnesbarnes] 11/2/2020 08:06

What is BOOOM?

[dangersimpson2] 10/2/2020 21:47

Some decent block trades gone through today, in size that isn't just PI's buying on a tip.

Hopefully helping to clear some of this endless overhang. Will be interesting to see who it is/was when the holding RNS's finally arrive.

[robizm] 10/2/2020 18:15

The only fly in the ointment is the chrome price electricity and water butways seem to manage.

[mfhmfh] 10/2/2020 16:34

84k buy late today.

[parob] 10/2/2020 15:48

Another crack at 45p coming this afternoon or tomorrow imo and hopefully through on this next attempt.

[brucie5] 10/2/2020 15:35

That appears to be the consensual view.

[kaos3] 10/2/2020 15:05

I have less confidence in JLP management

[brucie5] 10/2/2020 14:50

Traded out for the day, and parked proceeds minus profit into JLP, which seems highly analogous and suggesting a provisional triple bottom. I also have long term holdings in both which I do not trade.

[kaos3] 10/2/2020 14:07

many shares from this sector are exploding - it is a Q of time not if slp will follow. momentum, fashion etc.
waiting for a breakout

I added

[mfhmfh] 10/2/2020 13:31

half year results were on 18th February last year (a Monday).

will likely be on Monday 17th February this year - that's when I expect the re-rate to come when the actual figures are in black & white.

Looking for 70-75p based on the chart when half year results are out.

Next Monday is not too far away.

All IMHO.

[mesteve] 10/2/2020 13:27

Plus mentions in Motley Fool today also!!


For me, the biggest mystery surrounding Sylvania Platinum is why the shares aren’t higher priced. It has zero debts, pays dividends, has a relatively modest P/E, has seen rapidly rising profits and another record half-year for production.

[mr stephens] 10/2/2020 13:23

That was Simon Thompson from IC re iterating
Buy

[bookwormrobert] 10/2/2020 13:09

Bought a couple more tranches when the market-makers dropped the price first thing this morning. Went out. Just returned to see that a Simon Thomson article has caused a complete intra-day reversal.
All power to him - he talks a lot of good sense in that piece. And Sylvania is a deeply (almost crazily) undervalued company.

[metis20] 10/2/2020 12:51

"Fifthly, with an average second-quarter basket price of $1,872 an oz three times higher than Sylvania’s all-in cash costs of $616 an oz, and that’s before taking into account a significantly higher basket price in the current third quarter,"

My estimate of today's basket price is $2600 an oz - using bid prices from
and recent RNS's

[brucie5] 10/2/2020 12:41

I would think that highly likely. Though many no doubt already taking the trade for a day's work.

[parob] 10/2/2020 12:31

Through 45p and you will see technical traders buying in for the breakout.

[brucie5] 10/2/2020 12:29

Gosh, that was quick. Just sitting at my desk, engaged in other work, and you get opportunities like this...second time in ten days.

[mesteve] 10/2/2020 12:29

Indeed I have basem1 but slowly getting there....I did say I wasn't going to sell thsi time!
I set a Google news alert as well and nothing in as yet!