Sylvania Platinum Share Discussion Threads

[kennyp52] 09/2/2021 10:39

Solar power plant would be worthwhile looking into . They have the cash and it will yield consistent power supply and Laos cut their fuel costs substantially . Don’t know if such a plant can yield enough power but even if it contributes a high percentage and keeps things moving it might be worth having an assessment . Don’t they have generators?

[corrientes] 09/2/2021 09:39

Power means electricity to operate the operation,and the fact is that no matter how high pgm prices go, if there's no revenue, there's no bottom line profits.Fact. You can never recapture time !

[kinbasket] 09/2/2021 08:43

Power shortages are a massive problem in SA. They have daily load shedding all over the country. The power goes off for up to 8 hours a day. It's been going on at one level or another for decades. Industrials have a priority over households but it's worth keeping an eye on.

[thorpematt] 09/2/2021 08:41

Interim Results 22nd Investor presentation 23rd Pd 14% on the month Rd 18% on the month Pt @ 5year high Should be pretty good

[wilfieboy] 09/2/2021 08:38

Mr Stephens, the comparison is Q2 20 vs Q1 20. Production up 2%, basket price up 17%, but revenues only up 5%. Difference largely down to Adjustments.

[wali19] 09/2/2021 08:32

Electricity I guess, as it was mentioned as a issue in the interim statement.

[cb7] 09/2/2021 08:12

CT, welcome, definitely undervalued compared to the ridiculous overvaluation of J2.

[farnesbarnes] 09/2/2021 07:56

Tiger - which of the two 200k buys yesterday was yours? Or both?

[gilotron] 09/2/2021 00:59

What do you mean by power constraints? Electricity or fuel for the Mines?

[freddie ferret] 08/2/2021 22:53

Power constraints? So let us assume that no more is dug out of the ground or extracted than last time. If the metal price doubles that still means double the revenue. You need to think more clearly

[corrientes] 08/2/2021 22:09

Interims should be fine, but I'm concerned about the ever present dark cloud of power restraints. If the company believes this can be dealt with successfully, then indeed we will see a substantially higher share price, but until then the sharp discount will continue to be a drag, no matter how high PGM prices go. Fingers crossed.

[doobz] 08/2/2021 21:50

https://www.google.co.uk/amp/s/m.miningweekly.com/article.php%3fa_id=576035&rep_id=5582 An interesting overview of prices, supply and demand if anyone’s interested

[castleford tiger] 08/2/2021 20:50

Took a position today as I feel this is undervalued.

[mr stephens] 08/2/2021 19:38

Willieboy please could you explain the numbers that your are articulating? For example where did the increased production metric come from and what are you comparing it to? Where did you conclude that the average basket price has not led to increased turnover? As you have scanned the reports I’m sure you’ll have seen that last year ending Dec 2019 the q2 production was higher than this year yet the net profit this year ending Dec 2020 was 85% higher This years production in q2 was lower than last year but within guidance due to covid disciplines the company is implementing So actually oz production was down this year and turnover and profit was over 80% up in last year So basket price did in fact increase turnover and profits I stand to be corrected so please do

[wilfieboy] 08/2/2021 19:20

Re Q2 20 results to 31 December 2020, I am still trying to understand why increased production and increased basket does not lead to increased turnover; the only variable is "Adjustments", which appears to have subdued the results for Q2 (along with increasing costs, mainly incurred in ZAR, but this only affects profit, not turnover). According to the company's accounting policies, any changes in basket prices should have been factored in to reported turnover. Maybe, there is a timing difference here, as the accounting policy does refer to taking the month end price for the previous month as the invoicing/reporting factor. Anyhow, if the basket price continues to go up, you would expect any "Adjustments" to be in a positive direction. (Having said that, I looked back over the Adjustments to FY18, and I cannot see any direct correlation between Adjustments, basket prices or production levels.)

[freddie ferret] 08/2/2021 19:07

There are vast stashes of gold in vaults around the world. Silver is very common. If the price of either of these two metals was to rise some people would reduce their holdings ie sell a bit from their stashes. Platinium is less common, I have seen quite a bit as wire. I have never seen Rhodium metal in my life though many years ago I saw a Rhodium compound (a carbonyl as I remember) in a very small bottle. There are very few people or banks with Rhodium stashes. Price rises, there is buzzer all to come out of the woodwork to be sold. That is how I am seeing it anyway.

[wilfieboy] 08/2/2021 17:38

Hope you are right! Basket price still going in the right direction. I am looking forward to the Interims in mid-Feb where we should get a business update/outlook.

[bigbigdave] 08/2/2021 17:30

chart forming a base here imo, hopefully to be confirmed by an upturn in the coming days.

[doobz] 06/2/2021 19:29

I really like the daily price action on all three metals here, haven't really been monitoring too closely. RHO up close to all time highs, Plat closed Friday higher than its closed since 2016, Pal Bullish off of key support and MA200 + closing strong above a short term downtrend from Start of Jan. I'm also seeing the overall markets as toppy and given platinums performance during 2008 I'm almost seeing this as a potential hedge for the portfolio as well.

[stoodio] 06/2/2021 11:29

Please no!

[doobz] 06/2/2021 09:58

Thanks MO, really interesting write up. Would be funny if the Reddit lot did jump on platinum next ha

[mo123] 06/2/2021 09:33

SLP not mentioned in this story but what is interesting is the growth in EPS for 2021 for the co's mentioned. hTTps://www.barrons.com/articles/platinum-prices-are-poised-to-bounce-back-here-are-stocks-and-funds-to-play-it-51612568254?mod=hp_INTERESTS_markets&refsec=hp_INTERESTS_markets

[freddie ferret] 06/2/2021 02:02

Trading Economics give the Rh price as $21,800 for the 5th of Feb, that is up $400. Their chart shows the current price as just about equal to the previous high. The reason I think different price providers are giving different prices is some are monitoring the UK market some the US, some only update at the end of the day which is differnt UK vs US. Trading Economics give the US closing price a bit late imho. Pd and Pt are also up again. :)

[freddie ferret] 05/2/2021 23:20

If the share price of this company does not keep up with the fundamentals of the markets that it is in, then one would expect a bid and takeover.

[freddie ferret] 05/2/2021 23:09

Rh coins do exist, 1 gram ones.