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SLP Sylvania Platinum Limited

62.00
-2.00 (-3.12%)
14 Jun 2024 - Closed
Delayed by 15 minutes
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
  -2.00 -3.12% 62.00 63.00 65.00 64.00 63.35 64.00 281,540 16:35:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 127.04M 45.35M 0.1720 3.72 168.71M
Sylvania Platinum Limited is listed in the Miscellaneous Metal Ores sector of the London Stock Exchange with ticker SLP. The last closing price for Sylvania Platinum was 64p. Over the last year, Sylvania Platinum shares have traded in a share price range of 47.50p to 86.50p.

Sylvania Platinum currently has 263,610,514 shares in issue. The market capitalisation of Sylvania Platinum is £168.71 million. Sylvania Platinum has a price to earnings ratio (PE ratio) of 3.72.

Sylvania Platinum Share Discussion Threads

Showing 5701 to 5721 of 11325 messages
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DateSubjectAuthorDiscuss
11/8/2020
08:41
Rhodium at $11,000 an ounce so the SLP PGM basket is now breaking through the $2700 ceiling. This is fantastic news for any stock currently being produced or already at the smelters. Q1 2020-21 off to a flying start and we still await the record results from 2019-2020. Reasons to be cheerful
mr stephens
10/8/2020
22:51
Cheers someuwin!
glawsiain
10/8/2020
21:46
Added a few metal charts to the header as requested
someuwin
10/8/2020
15:14
According to my broker over 1m shares traded and 88% buys
mr stephens
10/8/2020
15:11
SLP is significantly undervalued
This years results will show a profit after tax of over $50m so approx 140% above last year. There will be approx $50m cash in the bank. This is from adding the quarterly updates to the half year results.At this price the pe is 2.7
Adjusted for cash it is 1.9. Crazy undervalue. IC target price was 90p. Broker Liberian is 1.05. Incidentally they forecast 11p special dividend so the share price will jump whatever the value of the payout is. They also performed well during the post lockdown period and will deliver 69,000 ounces compared with 72,000 last year. Amazing since they were closed and then on half production. They are now back to full production. The current PGM basket is touching $2500 an ounce which is nearly a record. So 2020-21 looks good too as production could well be 20% higher and the basket price 20% higher. Workers were well looked after too which is great to hear in these troubled times. Costs in the last quarter were up as they kept everyone on full pay. Only 11 covid cases reported and no deaths. Sadly 2 deaths in workers families. But overall considering the times this is a highly credible performance that the statistics will surely drive recognition
What other company has increased profits by 2.5 and also got a third of its market cap in cash and is going to pay a huge dividend?

mr stephens
10/8/2020
12:49
Either JLP is massively overvalued, or SLP is ridiculously undervalued. My money is on the latter. FY results and dividend announcement will see a jump in share price to above 12 month high. Good luck to all.
jon4567
10/8/2020
11:36
Is it time for you lot to transfer some profits to JLP.

Deals coming in left right and centre.

deme1
10/8/2020
10:26
Rhodium has broken through the $10,000 level today and sitting at $10,200
Another reason to be cheerful. The PGM basket price for q1 2020-21 is surging
This will get recognised and reported on
Up up up
I’ve added to my holding today

mr stephens
08/8/2020
12:31
Platinum to catch-up
nimrod22
07/8/2020
15:28
They sell their PGM concentrate to a refiner and normally if you compare the revenues in their reports versus market prices for the PGM 4E basket, its normally at a discount/differential of 20-23%.

SLP are unhedged

redtrend
07/8/2020
14:31
Is SLP hedged or ones it take the spot price?
jp2011
07/8/2020
09:19
Than you and Whilst relevant Nimrod the PGM basket as you know is made up of platinum palladium and rhodium.60% platinum 26% palladium and 14% rhodium. Financially Rhodium is the biggest contributor to SLP’s basket
An increase in the rhodium price means more than the others metals put together
Last week Rhodium was $8200. Today it has risen to $9800. This puts the spot basket price up to $2532 less the 20% the smelters take.This logically should have a positive impact on the share price and will be of benefit to q1 and q2 2020-21. Currently looking forward the Net profits could climb from around $50m plus this year to around $70m next year
Reasons to be cheerful

mr stephens
06/8/2020
12:53
Prices up in Dollars over the last month
Silver 54%
Platinum 18.54%
Palladium 14.9%
Gold 15.44%

nimrod22
06/8/2020
12:08
Nice little up draught in the sp
redbaron10
06/8/2020
12:04
Bless this child
redbaron10
05/8/2020
20:07
Cyril Ramaphosa helped build the National Union of Mineworkers in his younger days so he has an understanding of the PGM mining industry in S.Africa.Unlike Jacob Zuma the previous president, he has a better understanding of promoting foreign inward investment into S.Africa which the country is desperate for.He has witnessed John Magufuli's interventions in Tanzania and seen the negative consequences for inward investment into that country.By antagonizing Western investment Tanzania is now pretty much reliant on Chinese investment and all that entails.I would be very surprised if Ramaphosa started agitating for change in the S.African mining sector at this juncture.Especially coming recently out of a coronavirus lockdown imho.
redbaron10
05/8/2020
19:56
davidbrent put same post on AAZ & BMN Filtered
petewy
05/8/2020
18:53
Ignore this fool he's a new name just registered with advfn spamming boards
mad foetus
05/8/2020
18:47
That would hardly help inward investment to the country and given they have just receive ZAR70bn from the IMF with a number of criteria imposed on the lines of growth enhancing policies etc. it is extremely unlikely they would nationalise it.
xow98
05/8/2020
18:30
when will the SA gov nationalise this?they are short of money
davidbrentsflipflop
05/8/2020
18:11
>>historical multiple of platinum to gold is 1.302, with a 62% correlation in price>>

There's a 35 year chart comparing the two at

zho
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