Sylvania Platinum Share Discussion Threads

[mad foetus] 20/2/2020 16:25

Because if Liberum are half right and this pays out a divi of 15c this year and 21c next then in an income starved world people will pay for it. A yield of anything more than 8% is barmy for this company

[kaos3] 20/2/2020 16:21

yes - a rise goes in vawes. A B C. in between there will be few down days. 3-5 %min. second half of the day there is/was weakness. the real "on the rise" correction is still coming imho

I sold a few as well

[mr stephens] 20/2/2020 16:20

Mad f why do you think a major re rating is in the way
Thanks

[eeza] 20/2/2020 16:01

Market is always going to try to shake out weak hands.

[mad foetus] 20/2/2020 15:59

I've reopened my SB, think a major rerating is taking place and best to buy the dips all the way to £1+.

[book5] 20/2/2020 15:56

small volume moves it lots
so when day trades stop selling it may go up
hopefully it closes at around 64 for tomorrow more

[thelongandtheshortandthetall] 20/2/2020 15:51

Edit. Sold at 62.1p

looking to get back in once it looks like its stopped :)

[odvod] 20/2/2020 15:42

I sold too due to share price needing a pause, decreasing daily vol (weakness) - hoping to jump back in again

[thelongandtheshortandthetall] 20/2/2020 15:42

What do people think.. Market makers creating a bit of drop to shake out some shares. That's what i'm thinking :)

[chimers] 20/2/2020 15:36

Yes ..."REALLY"

[thefartingcommie] 20/2/2020 15:33

As this virus situation worsens

Really?

[chimers] 20/2/2020 15:30

And I do wish you luck but money in the bank in these uncertain times re China is money in the bank.
As this virus situation worsens I am selling every stock I own as the market will crash when they realise it is being faked up right now.
Gold is the only thing I am buying.

I agree it is a great little company and I might lose out on some profit but I made a nice profit so don't complain.
If there was a crash or decent retrace it would be high on my list to buy back again.

[mr stephens] 20/2/2020 15:25

We have to be strong
Price is dropping in the late hours

[book5] 20/2/2020 15:12

MR Stevens
there is value in this share, pe=10
IMHO majors may be looking to buy us and accelerate, say x2, the extraction of the metal

[mr stephens] 20/2/2020 14:40

I think that’s a real possibility due to the massive under valuation

[mr stephens] 20/2/2020 14:34

Chimers and friend who sold
Well done
I don’t have the courage
1. Undervalued
2. Target price of £1.10 only just over half way
3. Simon Thompson will update I’m coming weeks which will boot it up
4. 1st Quarter report in April will be higher than expectations due to basket price
5. Demand for PGM and prices travelling north due to need to meet new e6 emission criteria for cars but especially trucks in China and India
6. Johnson Matthey report on PGM sees no sign of price decline until at least 2022

So I’m staying long

Wish me luck

[otemple3] 20/2/2020 14:04

Ditto Chimers, sold 50% today

[book5] 20/2/2020 13:48

I have been adding
i hope we are bought

[chimers] 20/2/2020 13:46

Has anyone taken a profit yet?

I have but not because I think it's going to fall, it will probably keep going for a while yet.

However, we all know the feeling of seeing a decent profit and then kicking ourselves for not taking it through greed.
It's a horrible feeling and we see it happen so often.
If this does fall it won't be because the outlook has changed it will simply be profit taking and buyer fatigue.
Also, this problem in China ain't going away soon and eventually, once they stop pumping money into the markets to support them there could be an almighty fall.

If it has a retrace to a decent level I would likely buy back in again.
Enjoy.

[metis20] 20/2/2020 12:42

(published yesterday)

Five short videos - second of these –

How much of a challenge is the power situation in South Africa?

- end of that clip - "I think our exposure at the moment is not that significant"

[mrpoisson] 20/2/2020 12:34

Top sliced at 60p doh Still holding 50%

[pleaty1] 20/2/2020 12:22

This should have a knock on benefit here as people focus on other mining companies

[bramcych] 20/2/2020 11:07

Price monitoring extension, bid is 67p

[mr stephens] 20/2/2020 10:47

Wall Street Investo : Valuation Is Sylvania Platinum undervalued compared to its fair value and its price relative to the market? Analysis Checks 4/6 >50% Undervalued compared to fair value Share Price vs. Fair Value 81.4% Undervalued From simply Wall Street analysis
That would make it a £2.80 stock price at fair value