Sylvania Platinum Share Discussion Threads

[maxplus2] 01/3/2021 17:06

Thank you. I had a bad experience with Cairn Energy in January with their special dividend. It hasn't fully recovered since then.

[epicsurf] 01/3/2021 15:30

Hey max , generally it should drop by the amount of dividend pay out per share, but I have no idea what the market will be doing on that day or what news is released so in short no idea I tend to invest for the long haul and don't tend to concentrate on short term movements

[maxplus2] 01/3/2021 14:55

Many thanks for correcting me. I got the figure from ADVFN.Are yuu able to establish what drop might be expected after ex-dividend please?

[mr stephens] 01/3/2021 14:23

Spot on epic

[epicsurf] 01/3/2021 14:10

Hi max I believe actual number of shares that qualify for the dividend payment are 272,608,615 ,
Shares held in treasury are 13,547,042 do not qualify

[crazycoops] 01/3/2021 14:02

Yes.No (I use ADVFN with Research Tree as my backup).

[astreix] 01/3/2021 14:02

@martinfrench - yes you add alerts on LSE. I have created a dummy portfolio for all my holdings and set up email alerts which notify you of all rns announcements

[martinfrench] 01/3/2021 13:04

does anyone know if signing up for london stock exchange rns alerts is free ?

does anyone use it ?

[maxplus2] 01/3/2021 12:46

The number of shares in the circulation for SLP.L is 282.41 million shares. So, for windfall dividend, the money allocated for is about 10.59 million GBP. How much will the share price after ex-dividend date?

[haywards26] 01/3/2021 11:19

Thanks mratranslate, I will check it out.

[scooper72] 01/3/2021 11:17

I'm now up 90 percent on my holding and this holding represents about 8 percent of my ISA. Glad I topped up end of last year a bit. But now getting to the point of having to decide whether to do so again. Psychologically feels like if I do buy more maybe better to open a position in my SIPP rather than get too greedy in my ISA. Particularly cuz won't be able to take anything out of my SIPP for another 6 years

[mratranslate] 01/3/2021 11:15

I would recommend you listen to their latest investor me presentation then that they did with q2 results as they went through how they will spend all the cash, Jaco also summed it up again at the end in the questions session. they are a very conservative company though so they don't spend just because of the 'latest' price and just as well as the company almost went under the last time things crashed

[haywards26] 01/3/2021 10:45

It would be good to hear from the company in regards their investment plans short, medium & long term going forwards, given the big cash pile that will be building up here. Their future growth plans are a big part of investors timeframes as to shareholdings as the price continues its upwards trajectory.

[mr stephens] 01/3/2021 10:41

Interesting to see what the ex dividend dip will be

[martinfrench] 01/3/2021 10:27

hope the current 4p unofficial spread isnt the norm going fwd.....

[martinfrench] 01/3/2021 10:03

even if rhodium pulls back a bit (which i think will prob happen), a stable price of 25k is still amazing, we are just getting used to new highs (literally!).

shame they cant hedge the price (or maybe they can.....??)

think knowing slp they would have by now if they could

think your £2 is coming haywards, though the gold price dragging things down does concern me a bit...

[mo123] 01/3/2021 09:41

Platinum Guild saying today; Platinum continues to be strongly preferred by Chinese young consumers and all age groups in Japan. In China, platinum is most popular among Gen Z and millennials aged between 18 and 45 – the future driver of jewellery consumption.

[haywards26] 01/3/2021 09:16

I would be very happy with a share price of £2, I am not greedy :)

[mr stephens] 01/3/2021 08:36

Yes Martin rhodium $28,000 x 13% = $3640. Palladium $2370 x 27% = $640 platinum $1220 x 60% = $732 Total $5012.
So if those prices hold that would put the net profit forecast above Liberium and Simon Thompson forecast of $100m to circa $115m as prices will effect last 5 weeks of q3 and all q4. Big if. Also lockdown last year hit last week q3 and most of q4 as we all know. Target share price should rise to between £2.30 to £2.50 and that is still on a pe of under 6 cash adjusted around 4

[martinfrench] 01/3/2021 07:20

Are you serious Mr Stephens ???

That's just insane :-)

[mr stephens] 01/3/2021 07:08

South Africa has reduced covid alert level down to Level 1

[mr stephens] 01/3/2021 07:00

Rhodium $28,000. Gross basket now around $5,000.

[xajorkith] 27/2/2021 18:30

Don’t use ADVFN much now as concentrated in US shares and SLP the only UK stock I still own.

Thought I’d add something to the above from bbluesky though, in regards to Stockcharts.

If you compare the charts of the Rhodium ETC with SLP (Ticker XRH0.L:SLP.L), you can clearly see when SLP is relatively undervalued when compared to Rhodium.

By adding the RSI to this chart, you can also see that the ratio is currently overbought, with an RSI approaching 70.

Similar points were reached in early February, early April, early July, and early October - and led to strong rises for SLP in the months ahead.

I would also add that this ratio is now at least 50% higher than it was prior to 2020, so any mean reversion (assuming Rhodium remains stable) could lead to a significant rerating for SLP.

Whilst it’s obviously not as simple as that and SLP is more than just a play on Rhodium, it does serve to highlight potential bullish periods for SLP.

Past performance doesn’t guarantee future success of course, and it could just highlight that Rhodium is overvalued, so please dyor etc.....

All the best....

[bbluesky] 27/2/2021 12:47

You can get a very nice candlestick (daily/weekly) and P&F chart of dB.Physical Rhodium ETC which trades on LSE at stockcharts.com (free) Ticker XRHO.L. Enjoy!

[freddie ferret] 26/2/2021 22:32

It may be not so amazing, just inevitable.