Sylvania Platinum Share Discussion Threads

[stoodio] 28/2/2020 11:10

All this is, is the market correction that's been coming for a while. Corona just the catalyst. No more no less. For those idiots that think we are in 2008 all over again, well, good luck haha

[robizm] 28/2/2020 11:09

People in their twenties and thirties don’t die from flu. China has shown hospitals can’t cope.like I said hopefully spring slows it down

[stoodio] 28/2/2020 11:05

By heightened sensitivities I mean media, fake news, internet diagnosis etc etc

[robizm] 28/2/2020 10:52

It is worst than flu and it is also economic factor. They are talking of cancelling 6 nations football matches closing schools and even the Olympic Games. Hopefully spring will slow the spread but if it goes to a pandemic then this price will look high

[red5] 28/2/2020 10:29

Chimers is saw the big short too

[chimers] 28/2/2020 09:57

Companies with debt are on the phone to their debt holders.

CASH RAISING for companies has CLOSED.

ASSETS are no longer worth what they thought they were.

THE TIDE HAS GONE OUT.

There are an awful lot swimming with no trunks on.


Oooo errrrr


IDS.

[chimers] 28/2/2020 09:55

Right now people are jumping out of office windows in the city.(metaphor for pedants)

Emergency meetings are being held at every bank in the world.

Financial institutions are holding their breath.

That's basically what is happening right this very second!!

[chimers] 28/2/2020 09:53

The "GLOBE" has shut down.

The markets are fast on it's heels.

My post for accuracy said THEY "COULD" CLOSE

[stoodio] 28/2/2020 09:52

You called the markets and globe shutting down. It didn't happen. Back in the cave old man.

[bubloo] 28/2/2020 09:51

stop losses caused the downfall. will recover. don't panic guys

[barnaberible] 28/2/2020 09:50

The spread wont be stopped, the government know this. What they want to do is delay the spread until Spring, this will mean the already existing winter burden on the NHS will be reduced and they will be able to cope with more cases and that the weather may have a part to play in reducing the effectiveness of the virus.

The will also want to manage it in such a way that infection is gradual so that there arent a massive amount of cases being dumped on the system at one time.

Mortality rate is very low in those under 65. The longer it takes to spread the more we will know about it and the easier we will be able to deal with it.

Life goes on and at the present time Pd and Rh are at or near all time highs, Pt has dropped but only to a level that we would have been excited about in November, SLP are recovering and selling PGM's at these high prices, there is no hubbub about Eskom, there is no more news about Samancor cuts and if there is we have confirmed we are in a position to manage it, we have the next Q results due relatively soon where we should get confirmation of the dividend.

There are companies out there where the story has changed dramatically because of Covid (airlines being a good example), here its the same as it was last week, only cheaper to buy!

[greatpepe] 28/2/2020 09:43

great call Chimers about the market...No one is denying that.

don't understand why you are winding all the holders up, you should be counting your millions you made from your call.

out of interest how did you cash in on the fall?

Everyone who is in the market or has a pension is hurting... some more than others!!!

I was a holder of this and will get back in but will not go long of it today as no idea what will come out over the weekend.

good luck holders

[robizm] 28/2/2020 09:36

Chimers is right re margin calls and if covid 19 takes a hold in uk then we would have to shut down like China. Not everyone can work from home. Hopefully spring stops the spread.

[chimers] 28/2/2020 09:29

Margin calls around the globe are even forcing gold down as people have to sell their only assets that can repay their losses.

This ain't capitulated yet but when it does............

[stoodio] 28/2/2020 09:28

Bought 1.5 mill / Sold 900k ;)

[chimers] 28/2/2020 09:28

Yeah pile right in lemmings....fill yer boots.

See you all at 20p

[nimrod22] 28/2/2020 09:22

Some great buying opportunities for those with cash

[stoodio] 28/2/2020 09:17

Volume bought 1.2m / volume sold 877k. All you need to know boys.

[koolio] 28/2/2020 09:16

Chimers; I bought these at less than 8p so I hope my lack of understanding continues as it has served me well. Enjoy your moment little man.