Sylvania Platinum Share Discussion Threads

[davidbrentsflipflop] 05/8/2020 18:30

when will the SA gov nationalise this?they are short of money

[zho] 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

[martinfrench] 05/8/2020 16:18

guy on lse was right, historical multiple of platinum to gold is 1.302, with a 62% correlation in price.

I will find out from my data when the ratio started to break down and post on the SLP board.

[nimrod22] 04/8/2020 19:13

prices up in dollars over the last month and rising: -
Palladium 11.49%
Platinum 10.46%
Silver 42.81% (possibly time to take some slices off the top, but not too much).
Gold 13%

[nimrod22] 04/8/2020 18:47

Better than orange juice !!
The upshot is that allowing for some outliers, such as orange juice, commodities in general are in a decent place. Both uranium and rhodium had outperformed orange juice; in fact, rhodium was more than 30% stronger in price and off an already elevated base.
South Africa’s PGM production is expected to operate at 90% for the second half of the year, a level that supports continued strong free cash flow generation since the rand-denominated basket price is 60% above cost curve support, said RMB Morgan Stanley.

[nimrod22] 04/8/2020 10:04

hxxps://stocknews.com/news/gld-pall-plpt-sbsw-plg-amrk-will-platinum-and-palladium-follow-gold-to-new-highs/

[nimrod22] 03/8/2020 17:25

No embargo on industry buying precious metals.
Chinese government probably doesn't want domestic punters buying what the central authority wants for itself, when it comes to Gold/Platinum/Silver/Palladium. They would not want to end up in the same situation as in India where a huge amount of the countries's resources are tied up in what is often seen as a non-productive commodity held by ordinary folk, and better used in investment to industry.
China and Russia are big buyers of gold over the last few years and will need it as a reserve if they wish to remove the US dollar as the only dominant currency, and create a new world order. Officially China has around 1,936T of gold, but more likely to be in excess of 4,000T. The endless printing of Dollars will make real commodities more valuable.

[mr stephens] 03/8/2020 15:42

As SLP’s product is bought in the main for catalytic converters use it is unlikely to be embargoed. The Chinese have strict e6 regulations for their carmakers to adhere to. In addition if you study the price graphs of PGM they are relatively stable
Onto the contributor who though buying 8k shares would impact cash flow.The highest price they would have paid was 50p so £4K. As they had $54m in the bank at the end of June and most likely $70m at the end of July I don’t think we should worry. So many of you post such negative stuff. Let’s celebrate profits of over $50m net of tax up nearly 200% on last year. Costs were up in the last quarter as they had to cut production but are to be commended for paying all the staff in full.They moved to full production in June so will likely produce 80,000 plus fir 2020-21 and that will see at least a 15% increase in profits. At today’s share price they are trading on a p/e of 2.7 and I’d you adjust this for cash in the bank it is 1.8 so just wait for investors to have this added up for them and the price will rise. It’ll then rise further when they announce a special dividend of between 8p and 11p. Then those who understand the numbers will work out they’ll be able to do the same next year
We may get close to the broker liberiums target price of £1.05
So many reasons to be cheerful

[nimrod22] 03/8/2020 15:06

Platinum up trend
hxxps://www.cfdtrading.com/platinum-xptusd-down-21-53-on-4-hour-chart-entered-today-up-0-47-in-an-uptrend-over-past-30-days/149196/

[plat hunter] 03/8/2020 13:26

8 thousand shares at 50p?I hope they have more cash flow than just a few grand

[russman] 03/8/2020 12:09

8k shares buyback in a July.
Big dent in cashflow.

[nimrod22] 02/8/2020 08:30

hxxps://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/south-african-miners-depending-on-stockpiles-amid-site-disruptions-from-covid-19-59624849

[nimrod22] 31/7/2020 09:51

hxxps://platinuminvestment.com/investment-research/perspectives

[nimrod22] 31/7/2020 09:46

hxxps://platinuminvestment.com/files/sixtysecs/WPIC_60seconds_Automotivedemand_07302020.pdf

[xow98] 30/7/2020 10:00

Generally Ex Div mid October, so a lot of time to trade this before then

[nimrod22] 29/7/2020 13:31

Another moving share is Ivanhoe Mines on the Toronto market. IVN:TOR
They've had some recent big finds.
from the FT "Ivanhoe Mines Ltd is a Canada-based mining company. The Company’s segments include the Platreef property, Kamoa Holding joint venture and Kipushi properties. The reportable segments are engaged in the development of mineral properties in South Africa; exploration and development of mineral properties through a joint venture in the Democratic Republic of Congo (DRC); and the upgrading of mining infrastructure and refurbishment of a mine in the DRC respectively. It is focused on three projects in Southern Africa: the development of new mines at the Kamoa-Kakula copper discovery in the Democratic Republic of Congo (DRC) and the Platreef platinum-palladium-nickel-copper-gold discovery in South Africa; and the redevelopment and upgrading of the Kipushi zinc-copper-germanium-silver mine, also in the DRC."

[canigou2] 29/7/2020 13:28

And a rapidly improving PoP ..

Period Change($) Change(%)
30 Days 133.00 +16.48%

[nimrod22] 29/7/2020 13:15

I'm surprised that anybody is selling SLP at the moment with the likelihood of an excellent dividend in the near future and a rising trend line. On the charts it appears the 30 day line is rising up through the 150 dma in a golden cross situation.

[nimrod22] 29/7/2020 10:56

Platinum a buy

[nimrod22] 27/7/2020 20:24

hxxps://www.scoop.co.nz/stories/BU2007/S00438/furuya-metal-becomes-first-japanese-precious-metal-company-to-establish-jv-with-anglo-platinum.htm

hxxps://fxdailyreport.com/palladium-tests-2400-as-automakers-revive-operations/

[nimrod22] 27/7/2020 20:23

Platinum next to rise ??