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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
  -0.20 -0.17% 119.00 118.00 120.00 119.50 118.50 118.50 871,259 16:27:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 92.1 45.2 0.0 - 336

Sylvania Platinum Share Discussion Threads

Showing 7051 to 7073 of 7700 messages
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DateSubjectAuthorDiscuss
29/1/2021
20:59
Sorry, sir! Won't do it again. But, if the quantity and price of baked beans is up, then you wold expect income to increase proportionately (PGM income and reporting is in US$, so no US$/ZAR FX on turnover figure, only FX gains/losses when converted back to ZAR, as required by SA exchange rate controls). Since you have done your homework, perhaps you can explain the turnover anomaly to the mere mortals among us.
wilfieboy
29/1/2021
16:16
Could encourage investors into other precious metals?hTTps://finance.yahoo.com/news/wallstreetbets-fueling-rally-silver-stocks-042313106.html
davebowler
29/1/2021
15:54
Struggling a bit to understand how recovery is up 2%, production is up 2%, basket price is up 17%, but turnover is only up 5% and net profits are flat. I did read somewhere that there can be up to a 4 month delay in receiving payment from the smelters. Is there upside to come or is it already reported in the numbers?
wilfieboy
29/1/2021
11:40
there are other projects like northern limb, volspruit that they might need the cash for so they will be super prudent.
martinfrench
29/1/2021
10:42
I agree with Martin. 5p would be the tops for me as it leaves opportunity to pay further specials from continued cashflow. I would expect a hike in the ordinary dividend in October too - I think the special might be paid earlier than October though. I'm looking for 4p special followed by 2p in October - 6% yield at today's price and a lot better for those who bought earlier. Liberum forecast suggests 3p special. And there is the withholding tax to consider as well.
doubleorquits
29/1/2021
10:41
Reposting from a few weeks back: "Just as a reminder, from the annual financial report in Sep 21: The Board is therefore considering the payment of a 'metal price windfall dividend'. This windfall dividend payment will be based on excess cashflow generated from palladium and rhodium prices achieved above long-term broker consensus prices for these metals for the 2020 calendar year. Actual production achieved, actual prices achieved and the actual ZAR exchange rate will all be taken into account as well as its share of royalties, corporate tax and dividend withholding tax. Considerations to be taken as to the calculation of any potential windfall dividend, will be on an "achieved basis" and would be a once-off consideration. Should a decision be taken to declare any windfall dividend, the Company aims to make payment in Q3 FY2021." What is "excess cashflow" and what are "long-term broker consensus prices"? They are very much up to the board's interpretation - and recent history suggests that they very much err on the side of caution. I'd hope for 5p and be grateful for any more....and I can see that crashing the share price when disappointed investors cash out as a result.
fredfishcake
29/1/2021
09:53
Liberum suggests 4.1 cents a share special dividend in a brokers note this morning.
slopsjon2
29/1/2021
09:42
ste, no way they will do that, if they were going for that would have happened lot sooner lucky to get 5p inmho... very solid results, as expected
martinfrench
29/1/2021
09:37
Surely the windfall dividend has to be at least 20p, which would cost $54m. With $67m in the bank and another $20m likely to come in Q3, it would still leave them with $33m?
stemis
29/1/2021
08:45
Particularly like "decision will be taken on the windfall dividend at the review of the interim accounts at the forthcoming Board meeting in February 2021" Very good update and worth comparing with Q2 19 Revenue $43.7m ($27.0m) EBITDA $29.1M ($17.4m) Cash $67.1m ($33.8m) Production 18,363 oz (19,206 oz) They said there were power outages in region but they reported the same situation last year so seem to be able to manage the outages.
interceptor2
29/1/2021
08:37
Thoughts on windfall dividend?
eeza
29/1/2021
08:31
To keep up the pace they'll have to do better come 2nd half.
johnrxx99
29/1/2021
08:31
Very Decent 6 month estimated EPS of 11.3p (taking 5.8p Q1 and 5.5p Q2 7.5cents divided by 1.36 Exchange rate) . Cash at 31 December USD 67.1m (GBP49.34m). Contracted Assets (in my opinion, nearly as good as cash estimated at USD60.4m). Production an excellent Q2 total of 18,363 and H1 36,335 ounces (over 50% of FY Target of 70,000). BIGGEST NEGATIVE was an ADVERSE EXCHANGE RATE movement impacting costs and an increase in Royalty Rate.
whitefish
29/1/2021
08:23
There has been excellent analysis and commentary on here in recent months, which I have personally valued, regarding contributors expectations of likely PGM ounces in Q2, net profit, and cash balances. It would be good to hear views on where the reported results varied with expectations, and opinions on what caused the variance between expectations and actual updated results.
greggphilips88
29/1/2021
08:23
Windfall Dividend to be discussed in Feb.
thelongandtheshortandthetall
29/1/2021
08:22
"Financially the Company continued to benefit from the stronger PGM basket price in recent months and a decision will be taken on the windfall dividend at the review of the interim accounts at the forthcoming Board meeting in February 2021." ------------------------------------------------------------------------------- And this is why it remains such a great share to hold in an income folio.
brucie5
29/1/2021
08:18
https://markets.ft.com/data/announce/detail?dockey=1323-14844899-2FKN97EIMN0TRBJ8N1ENH9M28J
markmja1
29/1/2021
08:18
Sell on news brigade will soon be out.
eeza
29/1/2021
07:32
Pretty much doubled last years half year results not bad for all the disruptions caused by Covid.cash pile at year end at current rate will probably exceed 80 million
primarch1
29/1/2021
07:31
Sylvania (AIM: SLP) is pleased to announce the results for the quarter ended 31 December 2020 ("Q2" or the "quarter"). Unless otherwise stated, the consolidated financial information contained in this report is presented in United States Dollars ("USD"). Achievements · Sylvania Dump Operations ("SDO") declared 18,363 4E PGM ounces in Q2 (Q1: 17,972 ounces); · SDO recorded $43.7 million net revenue for the quarter (Q1: $41.5 million); · EBITDA of $29.1 million (Q1: $28.8 million); · Net profit of $20.3 million (Q1: $20.1 million); · Cash balance of $67.1 million (Q1: $60.9 million) after payment of dividends, royalties and income tax.
zho
28/1/2021
23:50
Without doing a detailed overlay, the price just seems to be tracking rhodium with its peak about 10 days ago so I wouldn't read much into itResults will be excellent but the BoD are a cautious bunch (good) and history shows the share price may be surprisingly volatile for a day or two!
otemple3
28/1/2021
20:12
Cannot see the results being anything but good but the dip in share price over the last week was making me a touch nervous . Good to see it back to over 105p after going sub 100. If shareholders want profit and cash they don’t need to look beyond SLP . Good luck all.
kennyp52
28/1/2021
20:01
FWIW: Another angle is they are quarterly results and this quarter ends in January. Previous results have all been in the appropriate quarters so why not tomorrow?
doubleorquits
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