Sylvania Platinum Share Discussion Threads

[mr stephens] 27/1/2021 07:48

* Sylvania Platinum Ltd : Liberum raises target price to 200p from 140p

[bigbigdave] 27/1/2021 07:43

Great news, Well worth saying twice! :o)

[maxplus2] 26/1/2021 11:21

But this has been rising from 70p level. A pull back is expected

[scooper72] 26/1/2021 11:04

Many thanks.

[old fool2] 26/1/2021 11:02

104 v 105
50000 (2) v 25000 (1)

[scooper72] 26/1/2021 10:35

Anyone got access to Level 2 data. I stopped paying for it. But interested to know what the orders for SLP are looking like with the MMs and whether this is looking like a good time to top up.

[sig1978] 25/1/2021 20:18

Good time to refuel today!

[stoodio] 25/1/2021 19:18

I say today presented a wonderful buying opportunity:)

[doobz] 25/1/2021 19:06

Thanks Wilfie - holding out for some positive results this week hopefully. Normally I'd have let trailing stops take me out on this pull back but believe there's much more upside to come

[wilfieboy] 25/1/2021 18:55

Rhodium
30 June 2020 - $8,000/oz
30 September 2020 - $13,900/oz
31 December 2020 - $17,000/oz
25 January 2021 - $20,000/oz (High - $21,900/oz on 20 January)

Prices per Johnson Matthey

[wilfieboy] 25/1/2021 18:46

Re IC, I have to wait for the postman to arrive on Fridays - I was promised digital access by the FT, but have not received it.

[wilfieboy] 25/1/2021 18:43

Hi Doobz, IC comments were in the edition covering 15/01-21/01/21; a week last Friday. Does anyone one know what day the Q2 21 results (Calendar quarter to 31/12/20) are due to be published? I have seen reference to "late January", so I assume this week. I think the results will be spectacular, but we will wait to see how the market responds. Rhodium/palladium/platinum all a little down on recent highs over the last few days, but January 2021 is still well up on the price throughout the quarter to 31 December 2020, so there may be more good results to come.

[farnesbarnes] 25/1/2021 18:30

nimrod is referring to ST's IC article dated 11th January ("SLP: 91p").

[doobz] 25/1/2021 18:01

Hi Nimrod, what was the date of that IC write up? Today?

[nimrod22] 25/1/2021 17:52

From Simon T of IC
"Another buying opportunity has presented itself right now as the forthcoming half-year numbers are going to be eye-popping and will prompt significant analyst upgrades, the scale of which is simply not being priced in. Strip out net cash from Sylvania’s market capitalisation of £250m, and my financial models suggest the shares are trading on a forward cash-adjusted PE ratio of 2.7. I raise my target price to 145p and rate the shares a strong buy".

[thelongandtheshortandthetall] 25/1/2021 17:35

All healthy share price movements IMO.
Q3 trading statement will be along in the next few days or early next week.
Hopefully that'll put a floor under the price.

[plat hunter] 25/1/2021 17:24

Only fools follow the Motley

[kennyp52] 25/1/2021 17:18

Stoodio .. I see you had a dig ... what do you say now after today’s losses ?

[doobz] 25/1/2021 16:55

Sad to see the gains SLP has made, given back so quickly. Was expecting more bullish with results looming

[risa5] 23/1/2021 14:26

I also consider Sylvania Platinum (LSE: SLP) to be one of the best shares to buy in 2021. I selected this small-cap platinum group metals (PGMs) producer as my top choice in The Motley Fool’s Top British shares for 2021 article last month and I’m still bullish. Sylvania’s share price has had a strong start to the year, up by around 30% so far. But it’s not too late to buy this share, in my opinion.

Strong metal price trends and limited competition support this low-cost producer. Fiscal and monetary support from global central banks and governments could push commodity prices higher. A post-vaccine economic recovery could also support demand for commodities.

It offers an undemanding price-to-earnings (P/E) ratio of 6.8, a return on capital of 35%, and net cash on the balance sheet. With metrics like these, I think it could be a top performer in 2021.

[plat hunter] 23/1/2021 13:52

"Our 6 'Best Buys Now' Shares
The renowned analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.

So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we're offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our 'no quibbles' 30-day subscription fee refund guarantee.

Simply enter your email address below to discover how you can take advantage of this.

Enter Your Email Address"

[risa5] 23/1/2021 13:10

SLP hit 122 on 19th, same day as fool's article.