Sylvania Platinum Share Discussion Threads

[stonedyou] 18/7/2020 20:53

risa5
18 Jul '20 - 20:15 - 11421 of 11451 (Filtered)

[stonedyou] 18/7/2020 20:53

risa5
18 Jul '20 - 20:15 - 11421 of 11451 (Filtered)

[stonedyou] 18/7/2020 20:53

risa5
18 Jul '20 - 20:15 - 11421 of 11451 (Filtered)

[stonedyou] 18/7/2020 20:53

risa5
18 Jul '20 - 20:15 - 11421 of 11451 (Filtered)

[mfhmfh] 13/7/2020 14:26

platinum and palladium futures looking strong today.

[nimrod22] 10/7/2020 21:33

I'm surprised that it only went up 6% today, should be around the 70 or 80p range.

[epicsurf] 09/7/2020 09:38

Good call petewy , took it as a chance to top up

[basem1] 09/7/2020 09:35

Overhang cleared now Blue skies ahead

[santangello] 06/7/2020 20:59

Heavy buying today....encouraging.

[petewy] 05/7/2020 12:49

Yes Epic I noticed these buys and they stopped me selling.

[dangersimpson2] 05/7/2020 12:04

They have provided updated production guidance. They reduced it from 74-76koz to 68koz which with 60koz of Q1-3 makes 8koz guidance for Q4, obviously affected by the shutdowns. They don't provide future production guidance until the audited results of the prior year, which makes sense given they won't really know until the year has started and a lot must be in flux at the moment.

They don't tend to issue trading statements because they have very good and complete financials in the quarterly statements, this is why we are able to model future earnings reasonably effectively.

That said, the Investor Relations function is one of the worst I've ever come across: emails need regular chasing to get the most basic of responses, and sometimes are ignored completely. Phone numbers on RNS's don't work. Bermuda AGM without dial-in options. No online presentations, etc. etc.

The Liberum notes are well-written research and provide additional detail but are not available to everyone.

So while they should be commended for the quality of the quarterly updates, giving the appearance of a lack of openness with shareholders doesn't sit well with a foreign-domiciled company listed on AIM where some of their past deal-making has been called into question:

Greater openness would go a long way to allaying these fears.

[risa5] 04/7/2020 18:43

By now they should have provided a revised production guidance compared to the previous production guidance for the year to show how the lockdown has affected production.

And also how the lockdown has affected its finances.

Poor comms comes to mind.

[chessmaster10] 04/7/2020 17:01

The number of new covid cases is still rising daily in south Africa, looks like they haven't peaked yet.

That might be one factor for the anaemic share price

[epicsurf] 03/7/2020 17:53

There is some large off book transactions


03.07.2014:39: 38.00GB X 750,000 285,000.00 Off-Book LRGS -
37.38GB X 335,000 125,206.25 Off-Book LRGSAIMX

[russman] 03/7/2020 17:20

You need to discount a second wave in South Africa.

[martinfrench] 03/7/2020 15:56

epicsurf,

no other explanation, especially if you look at the end of day delayed trades

[epicsurf] 03/7/2020 15:24

Are we assuming there a forced seller/institution in the background, everytime it starts to rise it's sold into ,happened a few times with shares I own when overhang is cleared recovers pretty quick, just a thought

[pleaty1] 03/7/2020 13:23

I too am still holding at a loss, larger than I would normally, due to the nature of the movements. You only need to look at the long term chart to see the huge swings. Although we don't expect a spectacular update, the amount of cash generated is what I'm interested in. For all we know with the deficit in palladium ect, the Chinese could still be buying as much as they can and the company could be valued at 2x - 3x it's cash. The share price could just as quickly rise as it did in feb20 if cash generation hasn't been impact too much

[pleaty1] 03/7/2020 13:23

I too am still holding at a loss, larger than I would normally, due to the nature of the movements. You only need to look at the long term chart to see the huge swings. Although we don't expect a spectacular update, the amount of cash generated is what I'm interested in. For all we know with the deficit in palladium ect, the Chinese could still be buying as much as they can and the company could be valued at 2x - 3x it's cash. The share price could just as quickly rise as it did in feb20 if cash generation hasn't been impact too much

[nimrod22] 03/7/2020 13:15

A good time to start drip feeding small buys so as to be in on the dip curve and be ready to ride it back up.

[prettygreen] 03/7/2020 10:13

Platinum virtually unchanged over last month, yet this is down over 20% on no news. How low can it go ?

[graham86] 02/7/2020 19:48

ds2 thanks for the ot imfo

[neilunderwood] 02/7/2020 19:24

Being a rabbit is not good.

Either become an assassin and cut your losses (or take your winnings)
Or become an Hunter and buy some more

(If you haven't, read the excellent Art of the Execution, it will explain the above)

This is the only share in my portfolio I haven't stop lossed, just as well after this morning. I'm waiting to see what happens with the potential 12% dividend on offer.

Been a few stockopedia articles rating this stock, so I am still in, currently running a small loss after being nearly 60% up at one stage! but you pays your money you.........

[petewy] 02/7/2020 18:35

I read all the post but I'm having a Homer moment. Duuuuhhhh. Do I buy sell or keep on my watchlist.