Sylvania Platinum Share Discussion Threads

[acv74] 26/2/2021 10:29

Have added enough cash to my IG acc so I can cover the 100% margin.It kinda goes against the whole purpose of leveraging but they're not getting a cheap exit out of me.

[maxplus2] 26/2/2021 10:29

Can you please clarify what do you mean by market rotation? Where is the money going to?

[tomps2] 26/2/2021 10:28

Sylvania Platinum (SLP) Spoken about in a piworld interview with Edmund Shing; Mr Shing’s thoughts from 12:35.
Watch the video at:
Or listen to the podcast using the following link:

[hpcg] 26/2/2021 10:02

The market is rotating still. So yes, there is always contagion when there is big selling pressure in one part of the market, but that shouldn't disguise that higher long term rates and inflation in commodities is driving the rotation.

[2vdm] 26/2/2021 09:46

Despite the mkt being negative, SLP is holding up. Bought another £5k top up this a.m. Few juniors out there with such good fundamentals imo.

[carcosa] 26/2/2021 09:05

If a car manufacturer would do such a stupid thing then am pretty sure the anti-monopoly commission (Is there one in SA?) would stop it instantly.

How a car manufacturer could get their shareholders to agree buying a PGM processing company, in South Africa (imagine the ESG discussions alone, let alone the can of worms regarding alleged graft!) where Samancor have the right to terminate the supply agreement would be interesting to listen too. Furthermore the business is wholly dependent on the PGM price.

The time for takeovers is when PGM prices are very low, not high. And I suspect it would be SLP taking over other companies anyway (as they did many years ago).

[anderson sw] 26/2/2021 08:23

Good one!

But to secure supplies of the raw materials they need EV makers have bought significant shares of lithium miners in the past couple of years. Tesla is starting to mine it’s own Lithium in the US to support its battery production needs after it failed in its attempt to buy an existing mining company there.

Everything I read suggests SLP is extremely cheap and as with lithium the demand for its output from carmakers is supposedly unlimited for the foreseeable future.

[hpcg] 25/2/2021 22:58

Because they make vehicles and Sylvania extracts metals. See the work of Adam Smith 1723-1790.

[anderson sw] 25/2/2021 19:54

Why would a major vehicle manufacturer NOT buy Sylvania. If it’s as cheap as it seems and the long term demand for its metals apparently a given is it not almost a certainty that this is where it ends up?

[martinfrench] 25/2/2021 16:03

raised and being held at a certain level, approx 123.4, and since it was raised to that level, i would say order filling but could be wrong

[freddie ferret] 25/2/2021 14:50

Kitco are showing a recent jump of $500 on their one day chart.

[red5] 25/2/2021 14:41

isn't this breakout territory

[epicsurf] 25/2/2021 14:41

Rhodium hitting new highs $26300

[risa5] 25/2/2021 12:59

It is special, standard is paid early Dec.

[maxplus2] 25/2/2021 12:15

Is this also special dividend plus standard dividend?

[shezza1] 25/2/2021 11:34

Ex-div 4th March
paid on 9th April

[maxplus2] 25/2/2021 11:30

Is there a cut off date who is eligible for dividend?

[investing2retire] 25/2/2021 10:57

i originally bought in at 79p and been buying on the way up. looks like 140p is achieveable soon and should be helped with the positive IC article this week

[primarch1] 25/2/2021 10:56

Wouldn't say it's getting silly simple supply and demand driving price however I do agree long may it continue.

[thelongandtheshortandthetall] 25/2/2021 10:04

RH getting silly now - Long may it continue :)

[epicsurf] 25/2/2021 07:01

Rhodium punches above $25000 dollars bodes well

[hpcg] 24/2/2021 21:42

There is are reasons why breakouts happen, and it is for the reasons consolidations happen. It's the emotional baggage of all those that are scared to commit combined with holders managing a big mover in their portfolio. Such emotion is apparent on this message board. Same thing on hundreds of charts and hundreds of message boards.

[freddie ferret] 24/2/2021 21:08

Possibly a big player is trying to hold the share price down.

The only possibility I can think of is a potential bidder.

The company is cheap, would a car manufacturer be interested in buying us out?

It would mean he would have a secure source of Rh out into the future.